Mumbai is witnessing some big-ticket investments in bungalows by the city's billionaires.
More than 10% (40 of 498 companies) have lost at least half their market value.
Mittal said that overall, he expected that by March 2018, the "dust will settle down" for the entire industry.
As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
The one common theme across companies that have rewarded shareholders is consumption.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
Monthly SIP inflow is Rs 6,000 crore, with a little over 1.75 million accounts
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
Of the two big players, while Bharti Airtel can leverage its existing subscriber base, newcomer Reliance Jio will have to wean away subscribers from the incumbents
Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.
RIL had said at that time the allegations were baseless and devoid of any merit.
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
The merged entity would lead with a revenue market share of about 37 per cent against Airtel's 31.2 per cent and Jio's 14.5 per cent
No one is right all the times. Recognising the market signals is a very important part of your portfolio creation, says P V Subramanyam
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
Says Make in India could only succeed with Make in UP, given large sized population and market the state offers
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
No one is quite sure when the soft launch is likely.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
Top three mobile operators spend $13.6 bln in auction
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
Jaitley said banking network is expanding hugely and the health of banks reflects on the challenges for the economy.
RIL's standalone net profit rose one per cent quarter-on-quarter
Wipro rose the most, up 3.12 per cent, ahead of its board meeting to discuss buyback of shares.
Analysts said the higher capex by PSUs, along with government spending, could trigger a capex revival for the corporate sector by the second half of FY17
All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
Ashish Chauhan is generous in his praise for his former bosses and doesn't flinch in pointing out the reasons why the BSE lost out in the initial years of the NSE.
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
By 2020, we should have some 10 listed sports companies, with one or two big enough to be on the Sensex
Global sales made via mobile devices are expected to top $638 billion.
Funding challenges are not limited to just one think tank. Several scholars say that access for conducting research and getting foreign funds has become a major hurdle for think tanks, with the government raising many questions regarding such inflows. As a result, many think tanks are keeping a low profile and becoming less prolific.
The seventh round of talks between protesting unions and three central ministers ended inconclusively on Monday as the farmer leaders insisted on the repeal of the three contentious farm laws right from the beginning, even as the government listed various benefits from the Acts.
As the DefenceExpo gets underway in Goa, Brigadier S K Chatterji (retd) says the proposed Defence Procurement Procedure 2016 should ensure that the Indian defence industry is on the path to design, develop and make in India.
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
Companies with more than Rs 10,000 crore of debt would seek refinancing.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
