From India, Reliance Industries is the only one in the overall top-200 list and is followed by HDFC Bank at 209th, ONGC at 220th, Indian Oil at 288th and HDFC Ltd at 332nd place.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
Infosys has emerged as the fastest growing IT services brand following 52 per cent brand value growth since last year and 80 per cent since 2020 to $12.8 billion, earning it third spot, the brand valuation consultancy said in its latest Global 500 IT Services Ranking report. TCS and Infosys have pushed IBM to fourth spot from second. IBM's brand value now stands at $10.6 billion, a decline of 34 per cent from last year and 50 per cent since 2020.
A farmers' association of Tirunelveli district had filed the petition claiming that EIA was mandatory for the project to be implemented in 16,000 acres of land, of which around 3,000 acres would be on the sea shore.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
Tata Group Chairman Ratan Tata arrived in Dhaka on Wednesday on a three-day visit during which he will hold discussions with the government about his $2 billion investment plans in Bangladesh.
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
After Rs 800 million makeover, Bombay House reopened on July 29, 2018. The earlier dull interior with low technology has given way to a lot more colour and vibrancy.
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.
In 2019, World Champion Magnus Carlsen was asked to guess the nationality of the reigning world champion in 2050. He responded: 'India will have had many by then!'
UK operations of several Indian companies might take a hit.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
Experts say the impact is limited to investors and potential employees and may ease out in the next few months
The Pune-based Rahul Bajaj group, thanks to an amazing stock market ride by Bajaj Finance and Bajaj Finserv, has grabbed third spot, pushing the Aditya Birla group down to fourth position.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
Sensex, Nifty put up a good show in closing trade.
Five out of the top 10 companies in Fortune 500 list of Indian companies are from the oil sector.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Dividend distribution tax in FY20 would only be applicable after deducting Rs 70 received from the foreign subsidiary, meaning 20.56 per cent DDT would be paid only on Rs 30.
Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27 per cent to settle at 59,708.08 after it trimmed most of the intra-day gains. During the day, it had zoomed 1,223.54 points or 2 per cent to 60,773.44.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
The broad-based Nifty slipped below the 8,600-level by losing 24.60 points, 0.28 per cent, to 8,590.65
Automobile manufacturers are likely to report strong numbers for the September quarter of Financial Year 2023-24 (Q2 FY24), riding on growth across segments and offset by a marginal drop in overall two-wheeler (2W) volumes. Higher average selling price (ASP) year-on-year (YoY), which was necessitated by price hikes taken by original equipment manufacturers (OEMs), and an improved product mix will also aid revenues and margins. Moreover, commodity prices are down on a YoY basis, leading to higher margins in earnings before interest, taxes, depreciation and amortisation (Ebitda).
Later, he joined Ericsson India where he handled corporate affairs and communication.
Bankers say it's a question of survival for debt-heavy companies.
The current turnover of the group is nearly $68 billion.
After proving its mettle in areas like steel, automotive and IT services on the global arena, corporate behemoth Tata group has now developed the world's fourth fastest supercomputer that can do 117.9 trillion calculations per second. The supercomputer "EKA", which means number one in Sanskrit, was named Asia's fastest and the world's fourth fastest in the Top 500 Supercomputer list announced at an International Conference for High Performance Computing at Reno California.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
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