Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In the Sensex pack, Sun Pharma was the biggest gainer, rallying 4.48 per cent, followed by Bajaj Auto, Tata Motors, Coal India, Hero MotoCorp, Maruti and HCL Tech, rising up to 3.01 per cent. While, RIL, PowerGrid, HDFC, L&T, IndusInd Bank, NTPC and Bajaj Finance declined up to 1.50 per cent.
On the Sensex chart, IndusInd Bank was the top gainer, rallying over 11 per cent, followed by ICICI Bank, SBI, HDFC, M&M and Axis Bank. On the other hand, Dr Reddy's, Tech Mahindra and TCS were among the laggards.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Larsen & Toubro has won about Rs 70.3 crore [Rs 703 million) ($15.6 million)] contract from Radissons Group for the construction of a 15-storey hotel and service apartments in Bahrain.
L&T Infotech Ltd, the wholly owned subsidiary of Larson and Toubro, will hire 1,800 people over the next 18 months to reach a total strength of 5,000 professionals.
Top gainers in the Sensex pack included IndusInd Bank, Tata Steel, Vedanta, Tech Mahindra, ONGC, Axis Bank and ITC, rising up to 5.18 per cent.
International Finance Corporation, the private sector arm of the World Bank Group, will provide a loan of $50 million to Larsen & Toubro, one of India's largest engineering and construction companies.\n\n\n\n
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Chief executives in the real estate, consumer products, automobiles, construction, and textile sectors said they were all expecting workers to re-join in the next 45-60 days, which would help them ramp-up production from July.
Second-ranked L&T has been rated highest on leadership
Touted as the world's largest cricket stadium in terms of seating capacity, the Sardar Vallabhbhai Patel Stadium (also known as Motera stadium) is being readied to host United States President Donald Trump and Prime Minister Narendra Modi. Take a look at the venue which is likely to host the 'Namaste Trump' event.
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.
Retail investors have gained significant heft in the past year amid a sustained uptick in Indian equities. The share of retail investors in companies listed on the NSE reached an all-time high of 7.32 per cent in the quarter ended December 31, 2021, up from 7.13 per cent in the previous quarter and 6.9 per cent a year ago, the data from PRIME Infobase shows. This was despite the Nifty's 1.5 per cent decline during the quarter.
Grasim Industries Ltd has submitted an alternate proposal to Larsen & Toubro before the engineering major decides to demerge its cement business at its board meeting
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
PowerGrid was the top gainer in the Sensex pack, rallying over 4 per cent, followed by NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank.
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The broader NSE Nifty gained 17.35 points or 0.16 per cent to end at 10,997.35.
Larsen & Toubro Ltd on Tuesday decided to demerge its cement business into a new cement firm.
Market participants are now awaiting Thursday's meeting of the European Central Bank
The Sardar Patel Motera Stadium in Ahmedabad is spread over 63 acres, with a seating capacity of 1.10 lakh people. It overtakes Melbourne Cricket Ground, which can accommodate 90,000 people.
His mother was so furious with him that she made him eat karela for lunch and dinner for an entire week.
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
Indian Space Association (ISpA) chairman Jayant Patil has said that the executive council will debate whether it can include more telecom companies as founding members. The response came after some leading telcos said that they had been asked to be core members but preferred to be inducted as founding members. The key founders of the ISpA include the Bharti group through two companies (OneWeb and Airtel), L&T, Nelco, Walchandnagar, Alpha Designs and MapmyIndia.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In recognition of his contribution to Indian industry, he had been honoured with the Padma Bhushan in 2002.
Tata Steel and Axis Bank were among the top gainers in the Sensex pack, surging up to 6.67 per cent following their March quarter results.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
L&T is witnessing hectic activity on the bourses as Grasim's much-publicised open offer for additional stake in the company gathers pace.
The Gaganyaan project has the objective of demonstrating human space flight capability to Low Earth Orbit with three crew members in orbit and safely recovering them after the mission.
