The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
Analysts say consumers would be the real winners.
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
For the four new players, the spike in wealth is 126 per cent.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
'If you look at voice and data realisations in India, they are the lowest in the world.'
With slower than expected growth in smartphone penetration, operators and OEMs are joining hands to provide affordable mobile devices with attractive offers.
Talking corporate heads are a barometer of the business community's engagement with the economy. If they have nothing to say now there should be cause for concern.
Summary of sports events and persons who made news on Thursday
The central government has said it will look into the matter.
Despite the recent Western criticism on Bangladesh's labour standards, India has a long way to go before it overtakes the neighbour in global exports.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
Bank shares were the top losers after sharp gains last week.
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
The Indian-American astronaut will fly the first space capsules built by private companies, SpaceX and Boeing.
Actor Abhishek Bachchan is keen to explore sports entrepreneurship more seriously after his stint as the owner of a team in the Pro Kabaddi League (PKL). He is in the process of setting up a separate company to handle his ventures in the business of sports, which should be in place by the time the second season of the PKL takes off in March 2015.
iPhone sales in India were up by 56 per cent during the period.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'
In conversation with Anil S Nair, CEO & Managing Partner at L&K Saatchi & Saatchi India.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
A crown of thorns awaits the next telecom minister at Sanchar Bhawan as the new incumbent will have to address a host of tricky issues like industry infighting, tariffs and improving financial health of the Rs 2.3 lakh crore industry.
We are surrounded by food that is contaminated, adulterated and does not meet Indian safety and packaging standards, says Abheet Singh Sethi/IndiaSpend.com.
The Confederation of Indian Industry will organise a round table on investment.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Companies are playing the price game to woo customers.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
Monsoon is expected to be normal in June.
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
12,000: Number of people Flipkart plans to hire in FY15.
India's new soccer league with its cast of celebrity owners, experienced foreign managers and a sprinkling of high-profile players will kick off on Sunday, igniting hopes of waking the country from its football slumber.
Former world champions Spain will have to wait to regain their past glory but they need not discard their attractive brand of football that earned them fans and laurels, World Cup-winning defender Joan Capdevila told Reuters in an interview.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
When you say, Make in India, it means, Indians will work for you, but we should create our own brands and create a market for them internationally. Only then, money will come back to India.
Why had the CBI decided to have Waghmare tell the court the tale surrounding this odd trip to Kolkata made for even odder reasons, close to a year-and-a-half after Sheena's murder? To show the kind of person Indrani was? And that the murder of her daughter was not a heat of the moment crime, given Indrani was capable of other odd, suspicious, premeditated acts like this?
Yoga, wellness, meditation, Ayurveda, software and ... toothpaste - Sri Sri Ravi Shankar has successfully merged business with spirituality
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
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