Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
'Brexit might delay the sale process of Tata Steel's UK operations'.
Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
The amount is around a fifth of the cumulative investment in fixed assets by these companies.
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
The market could be influenced by events elsewhere in the world and regardless of what happens to India's economy
Money will flow to Europe, Japan - and the emerging markets, including India.
Greg Abel and Ajit Jain would be prime candidates
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
RIL's standalone net profit rose one per cent quarter-on-quarter
The reason for the windfall: the soaring value of their stock awards.
'India needs to adopt a more proactive policy of triggering exports to China.'
Here's a pick of what Warrenn Buffett had to say over the weekend, and his annual 'Woodstock for Capitalists'.
The first major devaluation of the rupee happened in 1966 when it was pegged against the US dollar at Rs 4.75/$
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
Warship building projects worth at least Rs 630 billion have ground to a standstill. The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude, Anil Ambani's shipbuilding firm from those contracts.
The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
'Indians are great savers, but they are lousy investors.'
The success stems from Titan's betting hard on wedding jewellery over the last three years. It now contributes 20 per cent to revenue.
It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade
Lupin will fund the buy through $100 mn cash reserves and a bridge loan.
Shekhar Bajaj, chairman and managing director of the firm, explains to Viveat Susan Pinto on what led to this sales jump, besides throwing light on the benefits accruing to the sector on account of the GST rate cuts in appliances.
Exemptions, and the fact that farm income is outside the tax net, ensure that India's tax-GDP ratio stays low.
To promote localisation of manufacturing and reduce its import bill, the government increased basic customs duty on mobile handsets - from 10 per cent to 15 per cent.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
V-Mart, Manaksia, Whirlpool Global and few other companies posted better third-quarter results.
S Naren of ICICI Prudential says long-term investors needn't worry.
It took Flipkart a little over 24 hours to complete due diligence and come up with a final offer that was $20 million higher than what Snapdeal was ready to forfeit.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Forex market was shut on Tuesday on account of 'Mahavir Jayanti'.
Analysts say there is still no visibility of earnings improvement.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
RIL, according to Goldman, offers the best downstream exposure in the Asian oil sector with its high quality asset base, diversified product portfolio, efficient management of inventory valuation swings and ability to fund large organic expansionary capex without taking on debt.
Impact of lack of significant investments in the last 4-5 years; inability of private sector to put in fresh capital with availing of loans becoming an issue due to rising NPAs of banks, along with demonetisation were mainly responsible for dampening growth, he said.
'I find the RBI edict to the Kotak Mahindra Bank to reduce Uday Kotak's shareholding very unreasonable,' says Sudhir Bisht.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances