Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
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.
It's time for Indian generic companies to rethink their strategies.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
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