The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
The Bharatiya Janata Party on Thursday accused the government of not cooperating with the Central Bureau of Investigation in the coal scam by dilly-dallying on sharing relevant files with the probe agency and demanded that the computers in the Prime Minister's Office, which store such information, should be seized for "data mining".
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
The success of internal communication depends on its utilisation.
The benchmark BSE Sensex ended down 2.23 per cent. The Bank Nifty fell 3.59 per cent.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
Sensex in green in afternoon trade.
'Defaulters like Mallya can't be offloaded, but activists like me are. And that too for raising questions.' 'Today, what is the meaning of development?' 'Take over land, water and forest from the Adivasis and hand it over to corporates.' 'I am surprised how a minister who is supposed to protect the forests and the environment is happy reaching out to investors for more and more clearances.'
Non-mineral-rich states will benefit from tariff concessions.
'We have never before seen an Indian prime minister's visit to the United States so heavily business-oriented and so packed with meetings with the US business community.' Aziz Haniffa/Rediff.com reports from Washington, DC.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Corporate Affairs Minister Sachin Pilot intoned, "Recent incidents will certainly dampen business confidence and investment sentiment, both domestic and foreign; and perhaps also negatively affect decision making by bureaucrats and policy makers."
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Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
'We don't have to be the world's policeman. We don't have to impose our values. But we need to lead and when we pull back as we've done, you begin to see exactly what happens -- the voids are filled by threats of terror that countries have to suffer with, including India.'
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
'I like to see myself as a troll-slayer and I have realised the best way to do that is to ignore them. Nothing bothers them more,' Barkha Dutt tells Rashme Sehgal.
Mumbai-based CA Prince Tiwari is educating and empowering the underprivileged since 2011. This is his heart-warming story.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
Maharashtra registered over 64 per cent voter turnout while a record 76 pc polling in Haryana, which witnessed stray incidents of violence, in the first eight hours of polling on Wednesday in the riveting contest to elect assemblies in the two states.
'...But my strong suit will not be dancing,' Kal Penn tells Vaihayasi Pande Daniel/Rediff.com, in the concluding part of the interview.
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