'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
Theresa May's visit to a Bengaluru aerospace systems supplier is seen as the UK's strategy to pursue new defence deals.
In the Sensex pack, Axis Bank, Tata Motors, Infosys, Kotak Bank, HDFC Bank, RIL, Bajaj Auto, SBI, HUL, Tata Steel, Vedanta, HFDC, TCS, ITC and Sun Pharma jumped up to 4.64 per cent.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
This business could also be aided by new outsourcing opportunities in IMS from Germany, France and northern Europe
The biggest gainers in the Sensex pack in Friday's session were Yes Bank, Bharti Airtel, Tata Motors, Vedanta, SBI and Axis Bank, spurting up to 3.05 per cent. The losers included HCL Tech, TCS, Infosys, Hero MotoCorp, IndusInd Bank and Sun Pharma, falling up to 1.55 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In 2018, venture debt providers cumulatively deployed Rs 1,300 crore. This year, the market is expected to absorb venture debt of Rs 1,800 crore to Rs 2,000 crore. So what makes this asset class so attractive?
Wayward employee behaviour at Uber and Infosys highlights the risk to corporate reputations.
Yes Bank was the top gainer in the Sensex pack, rallying up to 8.44 per cent, followed by Maruti, PowerGrid, NTPC, L&T and SBI.
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
Invests $50 mn in 11 entities in just over a year, commits $25 mn more; prefers putting money in firms trying to solve India-specific problems
In new year message, Sikka warns staff of automation, Premji talks of Wipro's core values
On Monday, the biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, Tata Motors, HCL Tech, IndusInd Bank and Kotak Bank, HCL Tech, Infosys and Bajaj Auto.
The US is the biggest market for the outsourcing industry.
Interestingly, the shares sold by Citigroup Global Mauritius in the open market through the block deal counter of the Bombay Stock Exchange have been bought by another private fund house Credit Suisse (Singapore) at the same price.
Too many corporate leaders cherish the crown of indispensability.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
W12 Studios will be part of TCS Interactive, further strengthening the already impressive array of creative and experience services it offers
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
After a positive opening, the 30-share BSE Sensex suddenly faced selling pressure in late-afternoon trade. It finally settled just 5.67 points, or 0.01 per cent, lower at 39,586.41.
The index dropped to a low of 12,302 - down 212 points from the day's high. Some buying towards the close saw the index recover, and finally settle with a marginal loss of 10 points at 12,353.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
Good performances by most information technology (IT) companies in the September quarter and improved forecasts notwithstanding, with the exception of Infosys, stocks of IT biggies such as TCS, Wipro and HCL Technologies have fallen three to nine per cent since Infosys announced its earnings on October 11.
Raises offer 8.3 per cent; Infosys says it is 'considering its position'.
More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
Among sectoral indices, telecom led the chart, spurting 3.08 per cent, followed by oil and gas.
Why top executives are trading cushy jobs for start-ups
The Nifty ended three points lower at 1,723.\n\n
The French IT services company had said it would buy IGATE for $ 4 billion in an all-cash deal.
The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major's shares tanked over 20 per cent.
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
The Sensex opened with a positive gap of 17 points at 8,511.
'If India has to succeed in the global, knowledge-based economy, literacy and decent higher education for all Indians become critical'
Cashing in on the opportunities galore courtesy the spurt in Indian equities, foreign fund house Citigroup Global Markets has raised about Rs 400 crore (Rs 4 billion) by selling shares of 24 blue chip firms in just nine trading sessions.
The Sensex erased its gains in the afternoon trades after displaying positive trends in the morning deals.