Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
Infy, L&T key movers while auto stocks dropped
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'I started reading your MF articles regularly so requesting your guidance as I would like to start investing in MFs'.
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
While for clients it has led to increased outsourcing, they are no more worried about which shore the service providers are executing the project in - offshore, onshore or near-shore - because remote working has become the standard norm in the industry, giving rise to a "no shore" kind of model.
In the Sensex pack, Vedanta rallied 3.20 per cent, followed by Tata Steel, M&M, Tata Motors, ONGC, Hindustan Unilever, Maruti, Hero MotoCorp, HDFC, Bajaj Finance, SBI, HDFC Bank, HCL Tech, Coal India, Sun Pharma, Infosys, Reliance and Bharti Airtel, rising up to 2.69 per cent.
India prides itself on having some of the most contemporary designs for offices, especially in the IT sector.
An appreciating rupee, unabated buying by domestic institutional investors (DIIs) and encouraging earnings by blue-chips contributed to the uptrend
SBI had a bad day, sliding the most by 5.36%. Others that dragged the key indices down were M&M, Reliance Industries and L&T.
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
L&T top gainer among the Sensex stocks.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
In a long-awaited top management succession planning exercise, corporate giant Larsen and Toubro on Friday appointed K Venkataramanan as CEO and managing director, while its current chief A M Naik would remain executive chairman for the next five years.
Invokes maintenance warranty for having to relay surface within 4 years; work to begin this weekend
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investor sentiment got a big push after Brent crude, the international benchmark, dropped below the USD 73-mark to quote at a seven-month low of USD 72.65 by falling 3.48 per cent, traders said.
All BSE sectoral indices ended in the red, with oil and gas, bankex, capital goods and finance falling up to 3.04 per cent.
Top gainers in the Sensex pack include Yes Bank, TCS, Infosys, IndusInd Bank, HCL Tech, Bharti Airtel, HDFC, Sun Pharma, Bajaj Auto, ICICI Bank, Vedanta, Hero MotoCorp, ITC, Bajaj Finance, M&M and Tata Steel, surging up to 3.24 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, are likely to apply to the Reserve Bank for licence to open banks.
L&T has denied the charge and said the delay was entirely due to a dispute between Cidco and the railways.
The Birlas are investing $100 million in the financial services business in fiscal beginning April 1.
The largest financial institution, LIC, led the list of companies that paid up their advance tax this morning, with a spike in the amount to Rs 1,200 crore (Rs 12 billion) from Rs 1,070 crore (Rs 10.70 billion) a year ago, a senior income tax official said in New Delhi on Thursday.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Clarifies over the raging media controversy over its intent to exit
'Landmark developments herald the end of two decades of stagnation in the army's modernisation plans,' notes Brigadier Gurmeet Kanwal (retd).
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Bucking the overall downtrend, shares of RIL rallied nearly 10 per cent, capping the Sensex loss to a large extent.
Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.
Hindalco and BHEL among the top Sensex gainers
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
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