Fresh investments are constrained by tepid demand.
E-commerce pilot for wholesale begins from July in Hyderbad and Lucknow
The Oil Ministry has proposed raising natural gas prices by at least 60 per cent, a move that will result in rise in urea as well as power costs.
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
Bank shares were the top losers after sharp gains last week.
With their balance sheets under stress, private companies have lost interest in them.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Any government aid to the airline will ultimately hurt the economy
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
Back to Sheena Bora's grave, via e-time travel
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
On Monday, RBI announced that 26 entities, including Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital, L&T Finance and Bajaj Finserv, applied for grant of bank licences.
RIL estimates output from KG-D6 could reach up to 60 mscmd in the next five years, when all satellite fields are brought into production.
Sensex in green in afternoon trade.
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The RBI has accepted the application withdrawal request, according to the statement.
Mythological and historical shows are lapped up not just by the young, but equally by grown men and women.
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
Asset managers are betting big on ETFs these days.
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
Over the weekend and Labour Day, a change seemed to have come over the former secretary and her memory had all but deserted her. Not unexpectedly, Kajal Sharma had lost much of her exactness. Her vocabulary had shrivelled to four or five words.
The FMCG index gained more than 1% on the back of stellar gains in ITC.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Govt plans to stop RIL from selling crude to Jamnagar refinery.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
At present, in Myanmar, GAIL and IndianOil have a minority stake in a gas pipeline which goes to China, through South East Asia Gas Pipeline Company.
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
The Sensex had bounced back with gains of 94 points or 0.3%
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
Deal with current owner Exide may be signed next week
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
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