Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
The company will now focus on value creation for shareholders in the defence and construction businesses.
A formal announcement by the company is expected anytime, sources added. Treasury stock refers to shares of a company which are not issued to the public, as some are kept in the company's treasury to be used to create extra cash when needed.
On September 1, 2007, the Telecom Regulatory Authority of India reigned in the 'don't call regime' with setting up of the NDNC. Subscribers had to register with the NDNC by calling the respective service provider and the marketing calls were to stop within the next 45 days. However, even after 10 months, unsolicited calls still haunt mobile users.
Post Brexit, Irish universities are seeing a surge in applications says Barry O'Driscoll, senior spokesperson for Education in Ireland.
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
"India has given a stern signal to its enemies by conducting surgical and air strikes. This tells us that India is changing and can take the most difficult decisions and isn't reluctant to implement them," Prime Minister Narendra Modi said on Sunday in his Independence Day address to the nation.
EGF, managed by the Capital Group, bought 16.13 million shares, or a 1.02 per cent stake, in RIL from the open market in the March-ended quarter. When share prices were down in the fourth quarter, Life Insurance Corporation added 2.4 million shares of RIL to its kitty, taking its stake to 5.52 per cent. The purchase would have cost LIC over Rs 250 crore. LIC had also bought over six million shares of RIL in the third quarter, at an investment of around Rs 800 crore.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
LIC, EPFO and PSBs are likely to be asked to subscribe to bonds.
2nd time within a few days RIL has hit the forex debt market.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
As households age, they pile up debt, a peculiarity unique to Indians, a Financial Stability and Development Council report has found. Here are the key takeaways.
Ratan Tata, in his capacity as the chairman of the Investment Commission, has warned that major projects entailing a combined investment of nearly $60 billion are meeting delays and roadblocks for no apparent reason.
While Prime Minister Narendra Modi's Ayushman Bharat health care scheme is just a slogan for the moment, it is the state's Mukhyamantri Amrutum health assurance scheme which is a comforting reality for many.
Rather than focusing on profits, market should look at the inherent strength of the balance sheet whether it can withstand difficulties, he said.
The RBI on Friday said it will give banks Rs 1 trillion through targeted long-term repo operations (TLTROs), of up to three-year maturity, to deploy in "investment-grade corporate bonds, commercial paper, and non-convertible debentures over and above the outstanding level of their investments in these bonds as of March 27, 2020."
FM proposed rationalisation of various tax exemptions.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Begin with ITC. Larsen & Toubro, yes. ICICI and HDFC, yes again.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Additional levy to eat into Rs 6,000-crore income of top promoters
The optimism stems from benign fuel prices, adequate and well distributed rainfall and the recent measures announced by the government to boost liquidity at banks and NBFCs.
In the 52 newly listed companies since 2014, fund managers have a total investment of a mere 2.5 per cent of their assets under management.
Market cap of government companies has remained unchanged in the past 8 years.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
Licence winners are expected to be announced by the first quarter of 2014.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
HDFC Standard Life Insurance will hike its capital base by over Rs 80 crore (Rs 800 million) to about Rs 300 crore (Rs 3,000 million) this fiscal and targets to become the leading private player in the next five years.
