National Security Advisor Ajit Doval engaged in Special Representatives talks with Chinese Foreign Minister Wang Yi in Beijing, focusing on the India-China boundary question and enhancing bilateral relations. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to New Delhi for the BRICS summit, aiming to address persistent border differences and stabilise ties strained by past conflicts like the Galwan Valley clash.
Cisco Systems has appointed Owen Chan as senior vice president, Asia Pacific operations. Chan will be based in Hong Kong and report to Richard Justice, Cisco's senior vice president of Worldwide Field Operations.
Very soon there will be people whose only experience to computing and the Internet would be through a mobile device, says Naresh Gupta, Adobe senior vice president.
Hyundai Grand i10 is the fastest growing car in India, says the company.
Investors' wealth tumbled by Rs 9 lakh crore on Friday, in tandem with a sharp decline in the domestic equity market, where the benchmark Sensex plunged 1,414 points following a bearish trend in global equities. Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented investor sentiment, analysts said.
At BSE, 1,799 scrips declined and 714 advanced, while 184 remained unchanged.
In the absence of major domestic events, equity markets will be driven by global trends, foreign fund flows and movement in the Brent crude oil, analysts said. The major global events this week are the European Central Bank interest rate decision and China's inflation rate, they added. "Indian equity markets are outperforming most of their global peers and trying to show resilience despite weak global cues.
RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.
The broader Nifty closed at 11,993.05, falling by 233.60 points, or 1.91 per cent. On the Sensex chart, Bajaj Finance was the top loser, dropping 4.63 per cent, followed by SBI, IndusInd Bank, Maruti, HDFC, Hero MotoCorp, Axis Bank, ICICI Bank and RIL
At the BSE, 1,879 companies declined, while 685 advanced and 131 remained unchanged.
In a top level reshuffle, software services major Wipro on Thursday appointed Soumitro Ghosh as head of Wipro Infotech replacing Senior VP and Business Head of Global Infrastructure Services Anand Sankaran, who quit the company hours before the rejig was announced.
From the BSE 30-share blue chip pack, 27 scrips ended with losses led by SBI and Tata Steel.
Honda aims to sell 3 lakh units by 2017 from 1.34 lakh units achieved in 2013-14.
Top laggards in the Sensex pack included Kotak Bank, ICICI Bank, HDFC Bank, Tata Motors, L&T, SBI, Tata Steel and Axis Bank, falling up to 3.46 per cent.
Top losers in the Sensex pack included M&M, SBI, Yes Bank, Asian Paints, HDFC, Tata Steel and L&T, shedding up to 2.55 per cent. The broader NSE Nifty settled 79.80 points, or 0.72 per cent, down at 10,996.10.
As the Indian equities signed off 2019 on a remarkable note, the m-cap of BSE-listed companies rose by Rs 11,05,363.35 crore to Rs 1,55,53,829.04 crore.
Axis Bank was the top laggard in the Sensex pack, plunging more than 5 per cent, followed by HDFC, Bajaj Finance, ICICI Bank, Tata Steel, Bajaj Auto, HDFC Bank and IndusInd Bank. On the other hand, M&M, Infosys, Asian Paints, UltraTech Cement and Tech Mahindra were among the gainers.
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
'With Punjab and Kashmir in flames, it would not have been politically wise to alienate the West.' 'It would have inclined Western countries towards Pakistan.' 'It would have been a self-goal.'
Returns in Systematic Transfer Plan are consistent as money invested in debt mutual fund schemes earns interest till the time the whole amount is fully transferred to equity fund, says Vishwajeet Parashar, Sr VP and Group Head -- Marketing, Bajaj Capital
The recovery was led by pharma majors led by Dr Reddy's Labs.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
An all-new processor that is 40 per cent faster, a camera that combines a wide and telephoto lens to capture images, and the latest iOS 10, have teamed together to get your eyeballs and pockets.
AIADMK supremo and Tamil Nadu Chief Minister Jayalalithaa on Wednesday restructured the party's apex body.
