With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
The broader Nifty, after touching a high (intra-day) of 10,555.50 points, finished at 10,539.75, up 84.80 points, or 0.81 per cent.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
The broader markets are outperforming the benchmark indices.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).
Tracking of the Schiaparelli robot's radio signals was dropped less than a minute before it was expected to touch down on the Red Planet's surface.
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
The Chandrayaan-2 will conduct the next level of scientific studies on the Moon, writes T E Narasimhan.
Although Russia, United States and China have achieved a soft landing on the lunar surface, India is aiming at becoming the first one to explore the south pole of the Moon.
A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.
After years of losing money on two of the group's biggest bets - global steel business and domestic passenger cars - there are strong signs of a revival in both businesses.
Sensex seems to be under pressure on weak cues.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
'If he gets a couple of early wickets, he will be a different bowler but things may not go as per plan. It might take some time for him to get back the rhythm.'
Sensex may remain under pressure this week due to weak global factors.
23 Nifty companies reported an annual decline in net profit.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
India Inc is ready to diversify into unchartered areas.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
A century-old European bicycle brand gets a makeover under its new Indian owner. But is there room for yet another premium commuter bike?
Seeking to strengthen Indo-UK economic ties, Prime Minister Narendra Modi on Thursday arrived in Britain on his first visit to the country during which he will have a hectic schedule that will start with talks with his British counterpart David Cameron.
India and the United Kingdom are set to sign a "package of deliverables" during Prime Minister Narendra Modi's first visit here that will also see discussions over cooperation in sectors like nuclear energy and defence.
Despite the odd time, hordes of enthusiasts had reached the island, some of them travelling long distances on two wheelers, to witness the historic moment.
'In a part of the world where the government tells people what not to eat and what slogans to shout and not shout, it is beneficial to develop a mentality that is science minded and therefore open-minded.' 'That is possibly why the space programme has always had support from all sides of the political divide,' says Aakar Patel.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
"In situ chemical analysis and resource exploration is the main objective of Chandrayaan-II," said Mylaswamy Annadurai, Project Director of Chandrayaan-I. Annadurai visited Russia late last month to hold initial technical discussions on Chandrayaan-II, which is expected to be a much shorter mission than Chandrayaan-I, scheduled for launch on April 9, 2008.
'Till date, 90-95 per cent of the mission objectives have been accomplished' 'Future programmes will go as planned' After the moon landing mishap, K Sivan, chairman, Indian Space Research Organisation spoke to T E Narasimhan/Business Standard of the future and the mood among his scientists. Edited excerpts:
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Sivan asserted that though Chandrayaan-2 did not go as per script, it will have no bearing with on the 'Gaganyaan' mission.
In first half of year, firms raise more than banks on low US treasury rates.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
Led by a team of scientists of Indian-origin, NASA's Curiosity rover has found new evidence of water on Mars, indicating that the planet most like Earth in the solar system was suitable for microbial life.
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
Mars rover Opportunity has found evidence indicating that the planet had water. But no signs of life have been found far.
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