Gold is often favoured as a hedge against economic and financial uncertainty
Delhi-based Nilesh Sharma, among the first IPs, said while the framework is in the initial stage and might have teething trouble, the opportunity is immense in the long run.
In an SEC filing dating back to 1997, he figures as "J Vallabh".
Experts said concerns over the Union Budget, too, had weighed on the market performance.
Indian reserves stood at $343 billion at the end of March 2015.
Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
UBI's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion) as part of consortium led by State Bank of India.
The S&P BSE Sensex dropped 207 points to end at 25,230.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
A summary of sports events and sports persons, who made news on Saturday
The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts
Steps to improve governance, instill confidence in the government machinery and streamlining function across the different ministries are also important to feed the positive mood, the DBS report added.
A summary of sports events and persons who made news on Friday
Once the IT bellwether, Infosys was also reporting laggard performance and facing harassment allegations by overseas employees.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
The Chinese currency too is expected to continue its fall.
UB Group Chairman Vijay Mallya is no longer a member of India's 100 Richest club, even as fortunes of the country's uber-rich have seen a significant growth since last year.
The global billionaire population reached a record 2,325 with the addition of 155 new billionaires in 2014, registering a rise of 7 per cent from 2013.
Embattled Indian business tycoon Vijay Mallya on Friday made a rare public appearance in the United Kingdom as he attended the free practice sessions ahead of Sunday's British Grand Prix, in Silverstone.
These circles account for 23 per cent of Bharti's revenues and armed with additional spectrum, it will eat into rivals' share
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
Speaking to reporters Mallya said, "It will all become clear in court".
The company will finalise the final pricing for allotment of shares later.
Move aimed at giving more headroom to foreign investors.
The US and Europe are key markets for the over $ 140 billion Indian outsourcing sector.
UK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd, more than double of Rs 1,440 it offered in the previous bid last year.
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
A series of modest support measures from the government over the year helped stave off worries of a more dramatic slowdown
ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA).
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
The city-based firm had witnessed exits, especially of senior level executives, in the last couple of years and one of the main tasks before Vishal Sikka when he took over as the chief executive officer last year was to check the high attrition levels.
The Fortune's 40 under 40 list for this year was topped by Adam Neuman, Co-founder and CEO, WeWork.
USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies.
The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.
Britain's 'remain' option gaining traction, with the implied probability of such an outcome at 78 per cent.
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