India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul
'We cannot understand why the government is facilitating the import of artillery when our indigenous guns are doing so well.'
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.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
No one is indispensable, says Lakshmi Murthy, chief people officer, ITM Group of Institutions.
The Birlas are investing $100 million in the financial services business in fiscal beginning April 1.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
Experts say the stock market correction in recent times increases the risk-reward in favour of large-cap stocks.
The project holds strategic significance as Zojila Pass is situated at an altitude of 11,578 feet on the Srinagar-Kargil-Leh National Highway and remains closed during winters due to heavy snowfall.
DFS writes to departments that haven't responded to RBI's request for information.
Sectoral index up 10% in past month, as market takes hope from higher order book, revenue and operating margins in September quarter.
Stocks and sectors impacted most by GST.
The 13 firms under consideration had nearly a million employees as of March 2018, including contractual and temporary workforce.
Licence winners are expected to be announced by the first quarter of 2014.
'Unless India ups the ante, Beijing will continue to believe its transgressions are cost free and will feel encouraged to do more of the same.'
Nifty could fall to 9,500 levels; not a good time to bottom fish, say experts
The 'request for proposal' for the indigenous construction of the six submarines will be issued soon, they added.
The Anchor and Panasonic connection is a blend of legacy and quality and there really is no question of substituting one for the other. Panasonic is banking on Anchor's familiarity and widespread recall, to push its way ahead in the premium, automation-aided home appliances and accessories market.
Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.
Metals bucked the trend and shone across the board.
Columnist T N Ninan wonders when there is real progress to talk about, why our ministers make exaggerated claims.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
After the hit of the pandemic, India Inc is now worried about the adverse impact of inflation and higher commodity prices on their revenues and margins. The inflation scare is the strongest among manufacturers of consumer goods such as automobiles, consumer durables, and fast-moving capital goods (FMCG). Companies across sectors fear they will not be able to pass on the hike in input costs to their consumers due to weak demand, which, in turn, would lead to a hit on margins and profitability in the forthcoming quarters.
Ahead of Prime Minister Narendra Modi's visit to Russia, defence ministry's top acquisition council on Thursday cleared the purchase of an estimated Rs 40,000 crore Russian S-400 Triumf air defence missile systems, besides giving the go-ahead to other projects worth over Rs 25,000 crore.
Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.
India has over 4,000 medium tanks, but not a single light tank. It remains to be seen whether the Ladakh face-off with China galvanises a change, observes Ajai Shukla.
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
It earlier took 19 months to build a Tejas, now it takes 11 months, says HAL chief.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
Four big transmission projects went under the hammer last month.
The low global crude prices have helped narrow the current account deficit to just 0.2 per cent of GDP in the previous January-March quarter.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
Transparency is more than welcome, but govt should not look vindictive.
Spotlight likely on cement, metals, road cos
It goes without saying that the best performers are in the private sector, says TN Ninan.
MEIL has become one of the fastest growing and most successful infrastructure and engineering, procurement, and construction companies in the country in recent times.
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