The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
