'When a company goes into insolvency, by definition it means that existing shareholders have been wiped out.'
Reflecting the bullish mood, all sectoral indices ended with gains, led by auto, oil and gas, FMCG, IT and teck. The broader NSE Nifty, after crossing the 10,600-mark, settled 68.40 points, or 0.67 per cent higher at 10,598.40.
The sale of the NPA account is to happen through e-auction on January 30, as per the bid invite.
Bharti Airtel Chairman Sunil Bharti Mittal said India has lost one of the finest political leaders and a legal luminary.
23 Nifty companies reported an annual decline in net profit.
Shameem Akthar, yoga acharya trained with the Sivananda Yoga Vedanta Center, shows you five simple yoga poses that can get you toned muscles.
Shameem Akthar, yogacharya, trained with Trivandrum's Sivanananda Yoga Vedanta Center, leads you through five yoga poses that can be done while watching TV.
The total reserves of bauxite in the mineral-rich state are estimated at 1,530 million tonnes, spread over different sectors, industry sources said.
NTPC was the top gainer, spurting 4.28 per cent. Other winners were Bajaj Auto, Bajaj Finance, Sun Pharma, ITC, Hero MotoCorp, TCS, Yes Bank, HDFC, HDFC Bank and SBI, rising up to 1.38 per cent.
On November 23, Cairn India, made conditional applications, which have come in for questioning following a Delhi high court ruling.
Shameem Akthar, yogacharya trained with the Sivananda Yoga Vedanta Center, takes you through five poses which will prepare you for the difficult crow pose.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
Even as there is strong public sentiment against reopening Sterlite's copper plant in Tamil Nadu come reports that four farmers groups have come out in support of the factory.
Shameem Akthar, yoga acharya trained with the Sivananda Yoga Vedanta Center, will take you through five practices that will see through this monsoon.
The hospital said the seer was found to be critically ill with breathlessness, severe hypotension and massive gastrointestinal bleeding when he was brought.
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
New regime less harsh than the draft guidelines, has a host of exemptions.
Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.
With average capacity utilisation now touching 76 per cent, Indian companies are going back to the drawing board to add capacity but the plans to build new factories and plants are still some months away.
The year 2010 was a loud year when high profile projects hit the headlines for non-compliance with environmental regulations.
Yogacharya Shameem Akthar, trained with the International Yoga Vedanta Center, lists the top ten benefits that continue keep yoga on the top of the must-do list for most people.
Finance ministry officials said they were scrutinising many deals, but the actual tax liability would depend on many factors, including the kind of payment (royalty, interest, stake sale) and the Double Tax Avoidance Agreement with the country where the foreign company was based.
Shameem Akthar, yoga acharya trained with the Sivananda Yoga Vedanta Center, takes you through five yogic practices that will enhance your sex life.
Take this quiz to get a lowdown on over-use or wrong use of essential oils used in aromatherapy.
ONGC's return on investment becomes positive after govt makes Barmer block royalty cost-recoverable.
Earlier this month, the high court asked Sesa Goa and JSW Steel to re-bid.
Addressing a tribal rally marking 'Adivasi Adhikar Diwas' (Rights Day) in Jagannathpur village at the foothills of Niyamgiri hills close to Vedanta's alumina refinery, he said he would he would be their "soldier" in Delhi and continue their fight
Patnaik said the prime minister assured him on the Polavaram dam project in Andhra Pradesh, saying that none of the tribal villages in Orissa would be submerged.
Given it is in a completely different business, it's a question if Vedanta can seamlessly implement the optimal strategy for Cairn
Pune's Lavasa Lake City has run into rough weather with the environment ministry slapping a showcause notice on Lavasa Corporation for carrying out construction activities without its approval in 25,000 hectares.
Shameem Akthar, yogacharya trained with the Sivananda Yoga Vedanta Centre, takes you through a quiz to help you learn about the marvellous aspects of this limb of yoga.
The case has been registered against unidentified officials of police and revenue department on the basis of a complaint from K Arjunan, district secretary, Communist Party of India-Marxist.
A regular routine of yoga does wonders to power the neck. It is of particular value to those who may be prone to neck-related problems.
State-owned aluminium maker Nalco may show interest in developing mines in Afghanistan, which is expected to invite global bids soon for exploration of mineral deposits estimated to be worth $1 trillion.
Sectorally, metal and banking stocks rallied the most, while FMCG and realty stocks came under selling pressure.
Here's a fun way to find out how healthy is your skin
The Bharatiya Janata Party on Wednesday held the Orissa government responsible for the non-implementation of the Rs 51,000 crore (Rs 510 billion) Posco steel plant project.
Ban fiats, freezes and new levies are ensuring a drying up of operations and new investments, complain companies.