The committee had eminent people on it and making any allegations like this is 'outlandish', Sitharaman said.
Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and Sundaram-Clayton.
Trading sentiments turned bearish after gold shed 0.4 per cent to $1,529.85 an once from $1,540.78 on Tuesday, the highest level since May 4, in the global markets, as investor concern eased that Greece may become the first euro country to default, paring demand for the precious metal as a haven.
The Nifty ended up 52 points at 6,161. BSE market breadth was positive. Out of 3,113 stocks traded, 1,651 advanced while 1,318 declined.
The Nifty helped by these strong corporate earnings and renewed buying in realty space surged to a high of 6132 in late noon trades. Asian markets also ended in green as China's Purchase Managers Index spiked to 54.7 from 53.8 in September higher than the median projected pulling the Shanghai Composite up 2.5%. The Hang Seng jumped 2.4% to 23,652.
The compact segment where Sonet will be launched is crowded with the Maruti Vitara and Brezza, which top the sales' list, and a bevy of models from Mahindra & Mahindra apart from Hyundai's offering. But volumes in this are slightly higher than those in the mid-segment, making it attractive, says Surajeet Das Gupta.
The Nifty ended at 5,386 -- down 15 points.
The current crisis has forced the government to announce measures to ensure that India becomes self-sustaining for any kind of bulk drug. The government says India will not depend on any other country for vital key ingredients for drugs within six years, reports Sheela Bhatt.
The root of the problem, according to industry officials, is the sudden stoppage of lines of credit to tea plantation companies.
The government is also planning to put all the Indians working in projects like power and road together to ensure their safety, reliable government sources said on Wednesday. This follows an assessment made by National Security Advisor Shivshankar Menon's visit to Kabul last week in the wake of terror attack on Feb 26 on guest houses frequented by Indians in which seven Indians were killed.
The interim funding has not been forthcoming thus far, and as a result Jet has extended cancellation of international operations until April 18.
According to state government sources in Gujarat, cotton sowing was only 9,339 hectares or 0.37% of the normal three-year average sowing in the first week of this month
The Nifty ended (provisional) at 5,230 -- up 26 points. The BSE market breadth was positive. Out of 2,967 stocks traded, 2,087 advanced while 782 declined.
Rs 3,050-crore penalty on Airtel, Voda Idea gets nod. Final decision will be taken by DoT.
Nifty opened in the red at 5,468 on back of lacklustre cues from Asia and swung between 5408 and 5507.
The two troubled subsidiaries of Reliance Capital have over Rs 20,000 crore debt of both the companies. Reliance Home Finance has a debt of Rs 11,500 crore and Reliance Commercial Finance owes Rs 9,000 crore to lenders.
The Nifty shed 88 points to end the day at 5,417.
Nifty dropped 63 points to end at 5,249. BSE market breadth was marginally negative. Out of 2979 stocks traded, 1,449 declined while 1,399 advanced.
With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.
The Nifty shed 11 points at 6,146. In the broader markets, the midcaps shed 0.2% and the smallcaps ended flat at 9,841.
The Indian markets ignored the lower than expected IIP numbers and ended with modest gains.
Analysts said that there is some amount of decoupling between India and the rest of world backed by strong growth momentum.
The Nifty ended up 22 points at 5282. The market breadth turned negative at close. Out of 2939 stocks traded on the BSE, there were 1200 advancing stocks as against 1650 declines.
In 2014, the Supreme Court of India revoked the allocation of more than 200 coal blocks which were sold by the government
The Qatar Investment Authority deal follows Byju's raising money from the Canada Pension Plan Investment Board, which was also the first direct investment by the Canadian pension fund in an Indian start-up. In March, Byju's had raised $540 million at a valuation on $5.4 billion, making it the most-valued ed-tech company in the world.
NSE Nifty closed at 4,867, up 14 points.
Nifty is up 7 points at 5,415. The market breadth is positive. 1817 stocks have advnaced whike 973 have declined.
The Nifty ended down four points at 5,222. Asian markets slumped on worries of China tightening monetary policy. The Hang Seng dropped 392 points (1.8%) to 21,286. The Shanghai Composite tumbled 95 points (2.9%) to 3,152.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
Rain in the June-September season will be 87 per cent of the long-period average, compared with 93 per cent forecast in June, Ajit Tyagi, director general at India Meteorological Department said. Rainfall could be 4 per cent more or less than the estimate, he said.
'An explanation perhaps lies in the culture of revisions that has grown deep roots in the government data collection system,' notes A K Bhattacharya.
Honda Siel Cars India is planning to source steel from India for its local operations and is in talks with Tata Steel. A Tata Steel spokesperson confirmed that the companies were in discussions. Currently, Honda sources steel plates from Thailand for its Greater Noida facility. Honda models, like the City and Civic, have 74 per cent localisation, while the newly launched hatchback, Jazz, has 77 per cent local content.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
The NSE Nifty ended at 5,109, down nine points. The market breadth is marginally positive, out of 2,836 shares traded, 1,401 advanced and 1,357 declined on the BSE.
The NSE Nifty ended at 5,002, up 16 points. The market breadth was negative -- out of 2,868 stocks traded on the BSE, 1,512 declined, 1,246 advanced on Thursday.
The sensitive index of the Bombay Stock Exchange regained the 15,000 level in morning trade on Wednesday, after a gap of nine months, on increased capital inflow by funds after a positive infrastructure data for April fuelled hopes of an economic recovery.
