Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
Global sales made via mobile devices are expected to top $638 billion.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
'Kindly advise about the following stocks. Can I hold or exit?'
His global experience, deep business acumen and long association with the Tata Group will prove invaluable in his new role: ICICI Bank MD and CEO Chanda Kochhar.
Seeing the potential of shale gas, Reliance Industries moved early to secure a foothold in the Marcellus shale reserves in the US.
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
In about a year, top e-commerce companies are expected to raise as much funds as the three sector leaders raised in about five years.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
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.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
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.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Amazon Prime has reportedly bought the film's exclusive premiere rights at a whopping Rs 30 crore.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
For some, he is a visionary who grew his one-channel firm into a media giant by the sheer dint of his courage; for others, he is a compulsive risk-taker.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
The drive against insider trading comes after SEBI last year received enhanced investigation powers from parliament, including the ability to monitor call records.
Decision-making has been very poor, Ambani said.
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
Building front-end and stitching it with back-end is a task that IT firms are learning the hard way, finds Raghu Krishnan.
India Inc has few leaders who are likely to grab headlines in 2015.
The $10.5 billion arms and equipment deal helped to arrest the recent drift in the 'special and privileged' strategic partnership, observes Brigadier Gurmeet Kanwal (retd).
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
The reason for Trent's success is rooted in its slow and steady approach to expansion. Unlike others, Trent, led by Noel Tata, ensured that each store was profitable before it went on to the next, says Raghavendra Kamath.
It expects the Indian market to grow to 10 million units annually by 2030 and it intends to control half the market then, like it does now.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The central government has said it will look into the matter.
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.
'The workers's dance of wilful destruction has the potential to kill all investments planned in India by any foreign entity,' argues Dr Sudhir Bisht.
'It is crucial today to realise where we have reached in this 15 year-period in order to fully and properly assess the profundity of what General Rawat has said,' points out Ambassador M K Bhadrakumar.
Meanwhile, Congress president Rahul Gandhi took a swipe at the Modi government and Anil Ambani over the Rafale issue, saying that in order to bag India's biggest defence contracts one has to be a "defaulter of Rs 45,000 crore" and have "no relevant experience".
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Admiral Puri says it would be wasteful to buy a foreign helicopter, pay for transfer of technology, and develop manufacturing capability in an Indian private sector strategic partner when all this already exists with HAL.
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