Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Some of the players in the GST race are Payworld, Dell, Tally Solutions
The real estate sector presents a daunting picture with revival prospects appearing to be bleak.
'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
'Any conventional conflict could trigger a nuclear war with results that neither India nor Pakistan could survive easily.' >A revealing excerpt from Shuja Nawaz's The Battle For Pakistan: The Bitter US Friendship And A Tough Neighbourhood.
The Federal Reserve must now ensure that higher inflation doesn't derail the US recovery.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
An obscure Indian bank has been an unlikely beneficiary of Western sanctions against Iran, handling billions of dollars from frozen oil payments that boosted its interest margins, but is now having to prepare itself for life after the windfall.
Need for much more investment; sector would like govt help
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
This is the lowest amount of funds held by Indians in the Swiss banks ever since the Alpine nation began making the data public in 1997.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
It hopes to turn around Ranbaxy within four years of closing the deal by improving efficiency and resolving all regulatory issues
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
The past decade saw three full cycles of markets moving up and then going into bear phases.
The fall in reserves was due to a sharp fall in foreign currency assets.
The chain readies to expand its footprint as Bharti focuses on its retail venture.
Non-Performing Assets are a wake-up call for public sector banks.
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If we can come up with ways of sharing property rights on the internet, why not do something similar in urban spaces, asks Ajit Balakrishnan.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
India is poorer than the world average and so naturally has a greater percentage of poor people and a lower percentage of rich people. Yet using absolute numbers, India has more of almost everything, which is misleading, says Debraj Ray and Maitreesh Ghatak.
The numbers hidden behind the results tell a story of zero-return businesses and lower prospects for the core units
'The household sector, which is still the largest contributor of financial savings, has been experiencing a decline in the last six years, and it has fallen below 8% of GDP.'
Essar Global Fund, the Ruia company that invested $1.3 billion in telecommunications, towers and business process outsourcing over the years, made $6.5 billion, a five-fold return, when it flipped these businesses, according to discussions the group has had with merchant bankers.
Net capital gains from the sector over a full cycle may be more than the gains logged by cyclical sectors.
A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with its true nature. It is something that educated right of centre Hindus are trying to correct, says Sanjeev Nayyar.
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
While information technology companies will benefit, firms with high foreign borrowings or heavy dependence on imports will be hurt.
Abhishek Agarwal takes a controversial view on how our dreams are being mortgaged by EMIs we keep paying month after month.
TCS will have to deliver higher revenues in the succeeding quarter of FY15.
In the December quarter, Sensex earnings had contracted 5 per cent.
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