Ashok Leyland Ltd, India's second-largest truck and bus maker, said on Tuesday its vehicle sales in November rose 12.2 per cent from a year earlier
Sensex ended strong, Tata Steel, HUL climb higher.
'Vedanta', which will be the holding company for his Sterlite Industries, will be listed in the London Stock Exchange.
Rising prices of cereals and concerns over rice production in the 2023-2024 crop year due to insufficient rains followed by floods could be the possible causes.
The incident took place in Khoijumantabi village late on Saturday night when the 'village volunteers' were guarding the area in a makeshift bunker, a police officer said.
Hind Lever Chemicals is considering merging with Tata Chemicals Ltd, the Bombay Stock Exchange said on Wednesday.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Vedanta to file notice of claim in Cairn India tax case.
The board of directors of Siemens Ltd, the Indian unit of the German electronics giant Siemens AG, has deferred a proposal to buy back its shares, the Bombay Stock Exchange said on Thursday.\n\n\n\n\n\n\n\n
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Hindustan Petroleum Corporation Ltd has paid Rs 103.84 crore (Rs 1.04 billion) to the government as 60 per cent interim dividend for 2003-04.
Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.
Manchester United ruled out holding new talks over a possible bid for the club by Malcolm Glazer, the Financial Times reported.
The Gurgaon-based Amtek Auto Ltd is planning to acquire the Rs 900 crore ((Rs 9 billion) GWK group , a United Kingdom-based automotive component firm.
Shah, who was accompanied by BJP national vice-president Mukul Roy, national general secretary Kailash Vijayvargya, was greeted with slogans of 'Amit Shah zindabad', 'Bharat Mata ki Jai' by party workers at Netaji Subhas Chandra Bose International Airport in Kolkata.
USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson.
Indian drug maker Alembic Ltd plans to expand its bulk drugs business in the United States by joining hands with US formulations makers, the Bombay Stock Exchange said on Thursday.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Indian drugmaker Ranbaxy Laboratories Ltd has received approval from the US Food and Drug Administration to market an oral suspension form of Warner Chilcott's Duricef antibiotic, the Bombay Stock Exchange
Billionaire Gautam Adani-led promoter group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate, and only debt at operating company level remains, Adani Group said seeking to assure investors of its ability to repay debt. Adani Group in a statement termed reports of the group not completing repayment of $2.15 billion share-backed debt "baseless and deliberately mischievous." "Adani has completed full prepayment of margin linked share-backed financing aggregating to $2.15 billion (as was announced on March 12) and all corresponding shares pledged for those facilities have been released," it said.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
Richest Indian Gautam Adani's ports-to-power-to-cement conglomerate is "deeply overleveraged" with the group predominantly using debt to invest aggressively across existing as well as new businesses, CreditSights, a Fitch Group unit, said on Tuesday. In a report titled 'Adani Group: Deeply Overleveraged', CreditSights said, "In the worst-case scenario, overly ambitious debt-funded growth plans could eventually spiral into a massive debt trap, and possibly culminate into a distressed situation or default of one or more group companies." Starting out as a commodities trader in the late 1980s, the Adani group has diversified from mines, ports and power plants into airports, data centers and defence.
A member of Bahrain's royal family might bid for debt-ridden Leeds United, providing a possible rescue for the club.
Decades after he received a letter from someone by the last name of Biden from Mumbai, soon after becoming a senator, Biden learned that his 'great, great, great, great, great grandfather' had worked in the East India Company. "There are five Bidens in Mumbai, India," Biden, then Vice President, told a Washington audience in 2015 at an event organised by the Confederation of Indian Industry and Carnegie Endowment for International Peace on the occasion of the 10th anniversary of India-US civil nuclear deal.
Drugmaker Dr Reddy's Laboratories has filed an application with the US Food and Drug Administration to market a generic form of Eli Lilly's schizophrenia drug Olanzapine in the US
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.
Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal.
After his previous visit, the Sensex crashed and it took four painful years to top the 21,000 mark.
There is widening gap between what the government's premier retirement fund makes on its investments and what it offers to employees. The Employees' Provident Fund Organisation (EPFO) makes the bulk of its investments in government-related securities. In other words, it lends to central and state governments and related entities. The interest it gets from these instruments is largely what it uses to pay interest to its subscribers.
Markets in green tracking firm global cues.
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
Future Retail Ltd (FRL) on Monday said the Delhi high court has ruled that statutory authorities cannot be restrained from acting in accordance with law and stayed a previous order on status quo of its Rs 24,713 crore deal with Reliance. Updating stock exchanges about the court ruling, FRL said a Division Bench comprising Chief Justice D N Patel and Justice Jyoti Singh has stayed the operation and effect of order passed by single Judge J R Midha on February 2. "...inter alia, for the prima facie reason that the company is not a party to the Shareholders Agreement dated August 22, 2019 executed between Amazon, Future Coupons Private Limited and the Promoters of FRL, under which arbitration was initiated by Amazon in Singapore," FRL said.
Mukesh Ambani has resigned from the board of his group's telecom arm, Reliance Jio and handed over the reins of the company to elder son Akash, a step seen as succession planning by the 65-year old billionaire. In a stock exchange filing, Reliance Jio Infocomm said the company's board at a meeting on June 27, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." This comes after his father resigned with effect from close of working hours on June 27, it said.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
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