Zee and Star, the two largest media companies in India, are undergoing some radical ownership changes. What could it mean? Vanita Kohli Khandekar attempts an answer.
Global sales made via mobile devices are expected to top $638 billion.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
'2018 has seen a bi-polar market.' 'Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'
The Aditya Birla group's decision to merge two companies, each with an existing clutch of diverse businesses, flies in the face of the accumulated wisdom regarding conglomerates, says T N Ninan.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
Sesnsex ended the day flat on heavy selling pressure.
The markets had been on an upward trajectory since August 2013.
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
'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.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
Jaitley said focus is on larger expenditure on social sector.
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
Within hours of rate cut announced by RBI, United Bank has reduced the benchmark lending rate by 0.25 per cent, while other banks including market leader SBI have indicated that they would follow suit.
Bankers say it's a question of survival for debt-heavy companies.
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
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.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
'The focus is more on the outlook for global growth'.
India has more than 45 million SMEs, accounting for nearly 40 percent of gross domestic product.
Budget-makers in North Block are looking to maintain this fiscal status quo, in spite of tax revenues nowhere close to where the government wants and in spite of possible higher expenditure commitments.
More than 10% (40 of 498 companies) have lost at least half their market value.
'Vodafone Idea has losses running over Rs 10,000 crore in the last four quarters.' 'It has long-term debt of about Rs 1.15 trillion.' 'Even post-issue, the debt service numbers won't be good,' points out Devangshu Datta.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
As regards India, market valuations already reflect most positives.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
The RIL stock has halved from an all-time high of Rs 1,626 made (intra-day) on January 15, 2008, to on Wednesday's closing figure of Rs 800.55.
The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.