This is the largest outflow after 44 years.
'FDI is not a big issue because Indians are in now a position to raise big money.'
Investors must keep in mind that the bank has significant room for improvement, which could justify its aggressive valuations of Rs 275.
'I think we will win the game if our GDP grows at 7.5 to 8 per cent,'\nsays stockmarket legend Nimesh Kampani.
Overall, the positives in favour of ONGC seem to outweigh the negatives from a long-term perspective.
India's flag carrier Air-India has shortlisted three companies to act as advisors for its initial public offer to finance the fleet acquisition and is awaiting the government's nod for the IPO, a spokesman of the airline said on Thursday.
Start-ups have begun looking at ways to conserve cash.
FIFA presidential candidate Sheikh Salman bin Ebrahim Al Khalifa has signed an amended version of an Amnesty International pledge to end human rights abuses and corruption in the sport should he win election to soccer's top job later this month.
Flood warning has been issued in delta districts of Tamil Nadu. Stanley reservoir dangerously close to full level.
Baahubali Director S S Rajamouli's next... R Madhavan in hospital... All this and more in Subhash K Jha's Bollywood Buzz.
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Flipkart faces intense competition from larger global rival Amazon and local rival Snapdeal.
The hits and misses of the week.
Amid lowering of bank deposit rates and falling yields from traditional investment vehicles like gold and real estate, investors are fast shifting to financial assets. The MF sector is emerging a clear beneficiary of this trend.
Rajneesh Gupta lists some amazing coincidences in cricket -- a feature guaranteed to amuse you in these anxious times.
Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.
Notwithstanding the protectionism and other hindrances, the current mood of optimism about the Indian business process outsourcing sector's growth prospects seems justified, according to the London-based magazine The Economist.
Asia's top soccer officials delivered a major snub to FIFA on Tuesday, forcing the postponement of an election for three spots on the world body's new governing Council in a row over the disqualification of a Qatari candidate.
UBS reduced its Nifty target to 8,600 by December from 9,200.
Indian Oil Corporation on Thursday sold a fifth of its 9.2 per cent stake in Oil and Natural Gas Corporation to garner Rs 3,685 crore (Rs 36.85 billion).
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