Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.
While a 6 million pounds (Rs 56 crore) fine has already been imposed on the Indian businessman, Rameshkumar Goenka, the Financial Conduct Authority took action against three more persons today in the same case by imposing total fines of about Rs 2 crore (Rs 20 million) on them.
He urged every investor to follow his steps and invest in Gujarat.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
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 Sensex has slid 18.5 per cent from its January 2015 peak.
Unlike last year, investors turn cautious on e-commerce sector.
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
City police, metros, airports, even power utilities are using pop culture and social media to reach the young and encourage public ownership of public services. Amritha Pillay reports.
Bank shares were the top gainers led by ICICI Bank.
Anmol Ambani, the eldest son of industrialist Anil Ambani, has lashed out against a new round of lockdowns being imposed amid the surge in COVID-19 cases, saying such restrictions do not concern health but control and that they destroy the very backbone of the society and economy. The 29-year-old former executive director of Reliance Capital Ltd in a series of tweets lambasted the new semi-lockdown rules hurting small businesses and daily wage earners. "Professional 'actors' can continue shooting their films. Professional 'cricketers' can play their sport late into the night. Professional 'politicians' can continue their rallies with masses of people. But YOUR business or work is not ESSENTIAL. Still don't get it?" he said in a tweet.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
Five out of the top 10 companies in Fortune 500 list of Indian companies are from the oil sector.
SBI was the top gainer after it reported lower-than-expected rise in bad loans
Mid- and small-cap companies seem to have done better than top-tier companies
Sensex under pressure as Yellen signals rate hike; banking stock slip.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
The UK has responded to PM Modi's call to 'Make in India' by launching great collaborations in January 2015.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
There, however, has been an improvement in operating margins.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
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