The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd sees little sign of a recovery in Asia's third-largest economy,
Ahmedabad-based Adani Group is said to be the frontrunner to buy out both Tata Steel and Larsen & Toubro's stake in Dhamra.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
The dollar bond market has been a favourite for Indian firms in 2014.
'There were literally thousands of houses with cracks.' '40 percent of the town has been affected.'
Govt to play enabler not handler, India never had more decisive government: PM Modi Prime Minister Narendra Modi on Monday cited his dispensation's push for wide-ranging reforms, including the privatisation of Air India, to assert that the country never had a more "decisive government". Launching the Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, Modi noted that fields like mining, coal, defence and space have been opened to private players, and said his government's clear policy about public sector enterprises is to open those to private industry where its presence is not required. While opening a host of sectors, the government has built a regulatory environment in which priority has been given to national interest as well as the interests of different stakeholders, he said.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
Clearly, he is in the right place, at the right time.
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
ICICI Bank was the top loser along with index heavyweights RIL, ITC and HDFC.
Those for power sector to see tussle between prior owners & new challengers
DRDO plans to build a tank for use in the mountains and in the jungles.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
In Friday's market rally post the corporate tax cut, the country's top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.
Tata Steel, SBI, Infosys and L&T were among the top gainers for the day.
Seven students were made international offers.
'The company's transition from an individuals-driven private firm to a board-driven listed public one will be carried out in a well-thought-through and well-executed manner.'
Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.
Unfavourable secondary market conditions aren't a big concern for IPOs by good quality companies.
Benchmark indices plunge 4.7% in the first full week of 2016.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
In the US, the ratio of the CEO to average worker pay ratio was 373:1 in 2014.
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
Defence experts want defence expenditure to be at 3% of GDP, which they consider minimum to counter the two-front threat from China and Pakistan, internal insurgencies, and dominating a 7,500 km coastline and the Indian Ocean beyond. What Arun Jaitley has given India this Budget is 2.16% of GDP, observes Ajai Shukla.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
Of these, three stocks belong to the automobile pack and two are from the pharma.
'The F-21's capabilities far exceed all other torpedoes currently in service.'
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
The move will lead to augmentation of water infrastructure in the country
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
