Tatas, Adani, Bharti, HDFC and Sun Groups have clocked huge gains.
Around 300 promoters serve their company boards for free.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
Around 7 billion units of coal power valued at Rs 2,400 crore lost due to drought.
The government has so far closed bids for 13 blocks.
The companies are crying foul over the cancellation of 25 blocks held by 68 firms over the past two days.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
Gujarat, the home state of Prime Minister Narendra Modi and portrayed as 'growth engine' of India has witnessed a steep fall in new investments for the second quarter of 2014-15 compared to the first quarter of the same fiscal.
The government has a two-pronged strategy for e-auction of cancelled coal blocks.
More than 10% (40 of 498 companies) have lost at least half their market value.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
Tata, Adani, Lanco to be hit as Indonesia may ban export of low-grade coal
Weak monsoon forecast rekindled fears of higher inflation.
There was a sharp fall in power output on Thursday from a plant in Gujarat that left India more than 9,000 megawatts short of peak demand, according to two officials at the state grid operator.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
Investors remain cautious ahead of F&O expiry.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
The calculation excludes cross-holding of listed group cos in each other.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
With their balance sheets under stress, private companies have lost interest in them.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
The index had risen over 585 points in the previous three sessions.
The Rs 56,000-crore (Rs 560 billion) Adani Group on Monday received a major blow from the Gujarat High Court, which ordered a shutdown of 12 units in Adani Ports and Special Economic Zone (APSEZ), located in Mundra, Kutch district, with immediate effect.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
By refusing permission for the proposed ship-breaking facility, India can send a categorical message to the foreign ship owning countries that they should keep their own waste and recycle
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