Programme will create world's largest energy saving certificate-trading platform.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
Despite Covid downturn, CEO salaries went up by an average of 19% in FY21.
The Indian Super League will be expanded to 10 teams this season with the organisers on Monday announcing two more franchises after a bidding process, with Bengaluru FC set to ply in the three-year-old ISL by leaving I-League.
The Nifty gained 32 points to close at 3,210.
'All I am saying is just give me a chance. It is my dream to compete in the Olympics too.'
'I am not saying let me go to the Olympics. I am asking for a fair chance for a trial.'
'All these years I have been training for what? What is the point if I cannot compete?'
Brijmohan Lall Munjal was a perfectionist, who empathised with people who worked for him.
JSW had moved competition watchdog alleging Asian Paints threatened various dealers from dealing with the company.
India has attracted investment worth $1.6 billion for projects in the fields of power, steel, construction and engineering special economic zones from Japanese companies.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.
Experts say that until the market bounces back to a respectable level and creates confidence among investors, who could look forward to some price appreciation, IPOs will not be successful.
The markets have reacted negatively, for example, to recent news that Cairn India, of which the Anil Agarwal group company Vedanta owns 60 per cent, will give a $1.25-billion loan (about Rs 7,500 crore) on notably easy terms to Sesa Sterlite, another Anil Agarwal group company.
JSL Ltd (formerly Jindal Stainless) had last year entered into a joint venture with the mining firm PT Antam to build a 20,000-tonne ferro-nickel plant and 3-lakh-tonne stainless steel slab unit in Indonesia. However, with prices of nickel, a vital input for producing the alloy, dipping sharply, the Indian firm has decided to drop the project.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
JSW Energy aims to generate 11,390 Mw in the country by 2015. The company has tied up with two consortiums of lenders, led by IDBI Bank and State Bank of India, respectively, for the loans. It had recently filed a draft red-herring prospectus for a Rs 3,000 crore (Rs 30 billion) public offering with market regulator Securities and Exchange Board of India.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
'There are retaliatory incursions, ambushes, captures and killings by Indian forces along the 700 km border; alleged spies are caught on both sides, then mutually traded as pawns; envoys are summoned in both capitals to be routinely given dressing downs.' 'And there is always a handy courier pigeon, like Sajjan Jindal, sent over to test the troubled waters,' says Sunil Sethi.
Jindal Iron & Steel Company Ltd has posted a net profit of Rs 298.60 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 153.40 million in the corresponding period last fiscal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
The Calcutta high court on Friday quashed a criminal case against NRI industrialist Lord Swraj Paul and his son Angad Paul in relation to shares of Caparo Maruti Limited.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
The automobile companies, say analysts, would take the maximum hit as the hike in the loan rates could soak up the demand for cars and commercial vehicles and pull the growth rates down.
Gail India has received bids from seven firms for the Rs 973 crore (Rs 9.73 billion) Dahej-Uran pipeline project.
- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
Special court was that Manmohan Singh took the "ultimate decision" as the then coal minister in allocation of the blocks.
JSW Steel, a part of the $4 billion OP Jindal group, is looking at acquiring a small value-added facility in Western Europe for around $2 million.
