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.
In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.
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).
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.
Experts say the market is more bullish on the BJP as it will ensure continuity in policymaking.
Lead managers to the ensuing public issue of Oil and Natural Gas Corporation have agreed not to charge any commission on participatory notes aimed at attracting large foreign investors as part of its underwriting agreement.
The next key battle the market will watch out for will be in Congress-ruled Karnataka
A district cricket coach was killed while 13 players and their driver were injured when their van, parked on the roadside, was rammed by a bus.
Flipkart faces intense competition from larger global rival Amazon and local rival Snapdeal.
Petronet LNG Ltd, which completed construction of India's first LNG import terminal at Dahej in Gujarat, announced on Monday that it will float an initial public offering of 26.10 crore
The Securities and Exchange Board of India has issued "certain observations" and "sought clarifications" on draft prospectus for Tata Consultancy Services Ltd's initial public offering.
The Goa team beat Haywards 2000 Sporting Clube to register their third victory in four matches in the National Football League.
The cellular phone companies using the WLL-CDMA technology will increase their subscriber base by 86.6 per cent in 2004-05 as against the expected growth of 40 per cent in GSM customers, according to a study.
Siddhartha's knack for value investment dates back to 1995 when he infused capital in Kshema Technologies, which was acquired by MphasiS. He also took an early exposure in Mindtree way back in 1999. Since 1995, he had invested in more than 15 technology companies including chip-designing firm Ittiam Software, and GlobalEdge Technologies, among others, says Debasis Mohapatra.
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The hits and misses of the week.
The Nigerian striker displayed good opportunism to enabled the defending champs down Indian Bank 1-0 in the NFL.
UBS reduced its Nifty target to 8,600 by December from 9,200.
New Delhi Television Ltd has filed a draft red herring prospectus with Securities Exchange Board of India for its initial public offer of Rs 100 crore (Rs 1 billion).
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India is set to witness a 'significant' growth in its market capitalisation during the next five years because of combination of a host of factors
Hectic efforts were also on to restore rail traffic in the Warangal section.
