Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
The CBI opposed the plea seeking summoning of former prime minister Manmohan Singh and two others as additional accused in a coal scam case.
The Central Bureau of Investigation has questioned T K A Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included granting of a block to Hindalco at Talabira despite it being rejected by a screening committee of the coal ministry.
Jindal, 75, had been elected to the state assembly for the third time from the Hissar assembly constituency.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
There was a plan to increase the Railways' revenue by augmenting carrying capacity. This target has, however, become the source of a bitter battle between two ministries - the railways and steel - and provoked serious arguments over the "Make in India" programme.
According to Outlook, Adani Group and the RP-Sanjeev Goenka Groups are no more the favourites to bag the new teams.
Most Asian stock markets steadied on Wednesday.
Adani Power bagged Jitpur mine in Jharkhand.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
The total investor wealth in domestic stock markets soared by Rs 1.53 lakh crore as investors cheered energy reforms, including hike in natural gas prices.
Patkar, talking to reporters, said that she wanted to meet the family members of Swain, but a section of locals claimed that the team of activists was there to seek feedback from them about the JSW project.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
De-allocation could raise import bill by $3 billion, add to coal shortage.
In the domestic market, the Tata Group has lost ground in the passenger car business.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
Sensex ends in green, bluechips in spotlight.
The 30-share Sensex ended down 69 points at 28,192 and the 50-share Nifty closed 20 points lower at 8,551.
Coming down heavily on aviation safety violations, DGCA on Saturday grounded a business jet owned by Reliance Industries for carrying expired safety equipment on board and suspended its pilot for flying without a licence.
Tata Sons chairman Natarajan Chandrasekaran was paid Rs. 113 crore as remuneration for 2022-23 (FY23), including Rs. 100 crore as commission on profit. Chandrasekaran, 60, often referred to as Chandra, received a remuneration of Rs. 109 crore in 2021-22 (FY22). With this, Chandra has emerged as one of the highest-paid chief executive officers (CEO) in Corporate India for FY23.
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
The Central Bureau of Investigation has found no criminality in the allocation of about 60 coal blocks, which are likely to be taken out of the purview of its ongoing probe after taking the Supreme Court's permission.
Two projects in Iran, which India is to execute involving major financial commitments on its part, are of particular significance for Indian steel.
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
Self-proclaimed heir of Rani Rashmoni, lottery baron join businessmen in the list of MP-aspirants with assets worth over Rs 100 cr, reports Abhineet Kumar.
Out of the 192 mining leases of iron and manganese ores in Odisha, 94 do not have environment clearance.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
