Among the 30-share basket, 27 stocks led by Bajaj Auto and Bharti Airtel ended with losses.
During his interaction with the chief ministers, Prime Minister Narendra Modi assured that more economic activities would resume; he also said that zone identification may be left to the states.
The Association claimed to represent 13 operators, including Mega Cabs, Easy Cabs, Meru Cabs, Tab Cabs, which run their services in several cities across the country.
Or a brief stop on the way to better times, asks Ajit Balakrishnan.
As Justice P Sathasivam is all set to be sworn in as the next Chief Justice of India on Friday, Shobha Warrier speaks to the judge's colleagues and friends in Chennai, the city where he began his legal career.
Justice P Sathasivam, who will take over as the Chief Justice of India on Friday, started his academic life in a Tamil medium school. Coming from a family of farmers, his rise to the top judicial job in the country has been inspiring, reports A Ganesh Nadar from the judge's village
The apex court agreed to hear on October 26 the petition by Verma challenging the government's decision. He has said in the petition that the CBI should be kept independent of the Department of Personnel and Training, which has jurisdiction over the probe agency, since it seriously hinders the CBI's independent functioning.
In an embarrassment to the United Progressive Alliance, voices of dissent emerged from within the Congress over the government's decision to bring an ordinance on convicted lawmakers with Union Minister Milind Deora today apprehending that the move "can endanger already eroding public faith in democracy".
Any comfortable assumptions that world cricket has largely eradicated corruption after the shock of the Hansie Cronje match-fixing scandal are challenged in a disturbing new book investigating India's illegal bookmaking underworld.
The move puts it in competition with Apple, Amazon and Google.
Gold in Singapore, which normally sets the price trend on the domestic front, fell by 1.4 per cent to $1,278.94 an ounce and silver by 2.8 per cent to $19.55 an ounce.
Modi, after delivering his sixth straight address to the nation on Independence Day from the ramparts of the Red Fort in New Delhi, went into a brainstorming session with Sitharaman and all top officials in her ministry, sources privy to the development said. T
Domestic jet fuel prices are up 7%, but are still 14% lower on a y-o-y basis. While lower fuel prices have brought respite to airlines, their non-fuel costs are rising because of rupee depreciation
He also feels that central banks have injected too much liquidity, which is not sustainable and will end badly for investors.
The Indian stock market boom saw the rise of many wealthy investors. However, some of the high profile companies did not live up to the expectations of investors.
'Some of his decisions were not so good, but his intentions were always guided by a deep national interest.'
'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.
Star Trek fans will not be disappointed for sure, with the new film.
'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.
The operator was acquired four years earlier by Essar, when the latter had more telecom ventures, such as the 33 per cent stake in Vodafone Essar, and also owned telecom towers.
A court in Erode has acquitted the widow of slain forest brigand Veerappan along with 10 accused while sentencing 13 others to one-year rigorous imprisonment in the sensational kidnap of late Kannada thespian Rajkumar in 2000.
Maruti Suzuki expects a pick-up in demand for petrol cars, even as the diesel segment continues to clock strong volumes. It is also trying to grow exports.
The agency said, 'The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows.'
'It may sound like sacrilege, but does it really matter if the global raters downgrade India for fiscal slippage?' asks Tamal Bandyopadhyay.
From its all-time peak of 38,989.65 scaled on August 29 this year, the Sensex has fallen by 2,921.32 points, or 7.5 per cent, to 36,068.33.
Shares of Jet Airways on Friday tanked nearly 6 per cent, eroding Rs 282 crore from its market capitalisation amid investor concerns whether its stake-sale deal with the Abu-Dhabi based carrier Etihad would materialise.
To bring the perspective of the Central Vigilance Commission order recommending the divesting of powers of Verma and Asthana, Joint Director M Nageshwar Rao has been given the charge to look after the duties and functions of the Director as an interim arrangement, a CBI spokesperson said.
The greatest disservice to the poet's memory would be to leave his beloved institution Visva Bharati to rot
The whistleblower, claiming to be an employee working in the finance department, said he was submitting a 'whistleblower complaint' unanimously as the matter stated was 'volatile' and that he feared retaliation on disclosing the identity.
'Without appropriate supervisory constraints in place, banks are in a position to delay the recognition of losses and engage in ever-greening or zombie lending, which is essentially the rolling over of debts of unviable borrowers that would have otherwise defaulted,' points out RBI Deputy Governor Viral Acharya.
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
'In India, the impact will be less than 1% of employee headcount.'
Airfares in Indian market are unsustainable, says a senior Boeing official.
Give that horoscope compatibility a rest -- there are other credentials one must verify, warn youngsters who've had the arranged marriages backfire on them.
Information technology (IT) services major Infosys has said its increasing focus on the domestic market wouldn't erode the company's margins. Its strategy of selectively taking up projects that require the deployment of products and platforms would help the company maintain its margins, it added.
Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.
The Southern Railway has temporarily cancelled about 10 trains passing through Arakkonam-Katpadi section following Tuesdayday night's train mishap at Sitheri near Arakkonam.
Faktoo, who is in jail since 1993, is the husband of Asiya Andrabi, also a separatist leader and chairperson of Islamist organisation Dukhtaran-e-Millat.
Taking inflation into account, China and Vietnam at 4.9 per cent lead the way, while Japan at 0.5 per cent and India at 2 per cent are among countries offering the smallest raises.
The new packaging norms, which will kick in on November 1, will push up the product prices.
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