'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.
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Justice Ram Mohan Reddy asked Mallya to appear in court and bring along his passport.
National Thermal Power Corporation on Thursday said it has sought offers from global bankers for arranging a syndicated loan of $100 million to part finance its capital investment during the current fiscal.
The BSE Midcap also cut all its intraday gains to shed 0.3% at close
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
Bangladesh police detained a college student and claimed to have found some "important evidence" in connection with the brutal killing of two gay rights activists.
Summary of sports events and persons who made news on Monday
The rupee is trading weak against the dollar in afternoon trade.
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Overseas investors buoyed by recent rate cut by RBI and hopes of a good monsoon
Stanislas Wawrinka breezed into the fourth round of the BNP Paribas Open on Monday and saw another seed removed from his path to the final when lucky loser Yoshihito Nishioka of Japan turned his match against Tomas Berdych upside down.
Coal India was the biggest gainer on both Sensex and Nifty
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Trading sentiment remained distinctly weak due to the cash crunch arising out of the government's move to demonetise Rs 500 and Rs 1,000 notes to flush out black money amid concerns about its impact on small and medium-sized businesses which largely run on cash.
Shares of Motilal Oswal Financial Services, Edelweiss Financial Services and IIFL Holdings have all doubled in the past one year against the Sensex's 23 per cent gain.
The BSE Mid-Cap index was currently up 0.81%.
Roger Federer and Rafael Nadal advanced to the quarter-finals of the BNP Paribas Open.
SBI had a bad day, sliding the most by 5.36%. Others that dragged the key indices down were M&M, Reliance Industries and L&T.
The draw for the September 19-21 play-offs was announced on Wednesday.
The S&P BSE Sensex ended the day at 28,226, up 85 points, while the Nifty50 settled at 8,734, up 18 points.
After achieving the rare feat of being the World No. 1 in women's doubles for 80 consecutive weeks, Indian tennis star Sania Mirza has said it was very satisfying to be bracketed with the legends of the game.
The stock market will most likely see bullish trends this week in the run up to Union Budget as investors pin hopes on strong reform measures to rev up the economy, say experts.
On the BSE, 1,493 shares declined and 1,236 shares rose. A total of 177 shares were unchanged
The 35-year-old Swiss, showing no sign of losing his edge, improved to 19-1 this year, winning the Australian Open in five sets over Nadal, and BNP Paribas Open in straight sets over fellow Swiss Stan Wawrinka.
The death toll in violence across Bangladesh triggered by the execution of a top Jamaat-e-Islami leader on Saturday rose to 10, even as Islamists set afire the house of a federal minister in the country's northwest.
Rafael Nadal has pulled out of the Indian Wells and Miami Open tournaments after aggravating the leg injury that forced him out of the Australian Open in January, the Spanish world number two said on Friday.
The combined market capitalisation of the 21 listed PSU banks declined by about Rs 76,000 crore to Rs 425,800 crore during the month.
Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
'Make no mistake, legally Chanda Kochhar was not and still is not obliged to quit.' 'But quitting earlier would have placed her personally and as a leader on a very high pedestal, indeed where she belonged until this lapse,' says S Muralidharan, former managing director, BNP Paribas.
Adani Ports, BHEL, Tata Motors, ONGC, Mahindra & Mahindra and Tata Steel were the top losers.
Earlier on Wednesday, Czech Karolina Pliskova was forced to withdraw from the tournament due to a viral illness.
Election Commissioner Shah Nawaz said the Jamaat would not be able to participate in the polls as the high court had declared its registration illegal.
A strong set of industrial output numbers for January provided the perfect backdrop to reap more dividends, with the IIP having expanded 2.7 per cent year-on-year.
Nizami now faces execution unless his case is reviewed by the court or he is granted clemency by the President.
Bank Nifty pared all its intraday gains to end over 1% lower led by losses in BoB, ICICI Bank, Axis Bank and Bank of India
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
A summary of sports events and persons who made news on Friday
A Hindu tailor was hacked to death by machete-wielding Islamic State militants in his shop on Saturday in central Bangladesh.
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