Eurozone's financial contingency plan is trying to solve the problem of excessive debt with even more debt.
'For the next two years, we expect the bulk of earnings growth contribution from sectors like financials and energy, where the outlook remains positive, while the sectors which are linked to domestic consumption and are currently witnessing strains on margins have low salience for Nifty earnings.'
The recalled drugs were manufactured and distributed in the US by Ohm Laboratories.
Analysts, however, said the timing of the infusion was good.
An actor of remarkable presence and gravitas, Vikram Gokhale's dramatic eloquence and cocksure authority sparkled every time he had to call on someone's bluff or leave them too tongue-tied to beat around the bush. Often though, his cold, composed stare was enough to put a dolt in place.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Riding on an improved show across parameters, TVS Motor (TVS) outperformed larger two-wheeler peers Hero MotoCorp (Hero) and Bajaj Auto (Bajaj) during the September (Q2 of FY23) quarter. The Chennai-based firm, which has the most-diversified portfolio among two-wheeler majors, posted a 28 per cent jump in revenues. This compares to 18 per cent growth for Bajaj Auto and single-digit uptick for Hero MotoCorp.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
Boeing sticks with lithium-ion battery despite issues.
The collapse of mortgage lenders in the U.S. is slowing the pace at some of India's fast-growing IT companies.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Congress leader Rahul Gandhi on Friday accused the Bharatiya Janata Party (BJP) of spreading fear, hatred and violence and said the country can not progress under these circumstances as he asked the government to be compassionate in handling farmers' problems to prevent suicides.
A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday.
Thousands of demonstrators have hit the streets since April 9, as the government ran out of money for vital imports; prices of essential commodities have skyrocketed and there are acute shortages in fuel, medicines and electricity supply.
Time is running out for a hapless UPA govt over the Telangana bill, and the latest observation by the Rajya Sabha secretariat -- that the bill has financial implications and so must be introduced and passed in the Lok Sabha first -- has only worsened the crisis for the ruling alliance. Anita Katyal reports.
Sooni Taraporewala makes us root for her young characters even if we aren't entirely sure about the depth of their feelings, feels Sukanya Verma.
Gordan Brown has advised IMF to set up an early warning system to alert economies of impending financial disasters.
Earning woes drag markets lower; TCS, HUL lead fall.
There are multiple near-term worries for the stock of India's largest listed consumer company, Hindustan Unilever (HUL). While inflationary pressures will weigh on its profitability, demand pressures - especially in the rural market - are expected to hit the firm's revenues. This is why brokerages have cut the earnings estimates for financial year 2022-23 (FY23) by 7-10 per cent.
Former captain and current advisor to All India Football Federation, Bhaichung Bhutia has admitted that the eight-year old I-League has been a failure and feels that the 'successful' Indian Super League should be given a few more seasons before a possible merger of the two.
Jet Airways -- which has been flying for 25 years - on Friday described reports that the airline cannot fly beyond 60 days as "incorrect and malicious" as well as denied any talks of stake sale.
It was the second straight week of gains for the benchmarks.
If your loan was rejected because you had just 'settled' your outstanding dues and not 'closed' it altogether, then here's how you can get this loan approved.
The one-page form will mandatorily seek the taxpayers name.
Limited visibility around tariff hike and lack of clarity on new funding could make Vodafone Idea "more dependent" on any form of government relief for improvement of its fundamentals, BofA Securities has said in its latest report. The top brass of cash-strapped telco Vodafone Idea had last week said 'floor price' remains the "best and most preferred" fix for industry's woes arising from tariff-related issues. The company, whose fundraising plans have been significantly delayed, had further said it is in active talks with potential investors, and emphasised that there is no reason to start working on an alternate 'Plan B'.
The tax dept has served notices on about 36 foreign investors.
The tax department is on a spree to ensure more taxpayers in the country use the PAN card.
There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.
TCS, Power Grid and Infosys are among the top S&P BSE Sensex gainers
Thousands of Inter University Students' Federation (IUSF) students were seen sloganeering outside the Prime Minister's Residence in Wijerama Mawatha.
India, which imports over 80 per cent of its oil needs, spent $87.7 billion on importing 220.43 million tonne (MT) of crude oil in 2017-18. For 2018-19, the imports are pegged at almost 227 MT.
Tea planters and exporters are "extremely worried" over the possible impact on their shipments to Russia, India's second largest buyer of tea, in the wake of the Russia-Ukraine crisis. Western sanctions and disruption of payments in dollars as well as transhipments to Russia are expected as a fall-out of Russia launching an attack on Ukraine on Thursday. "The Russian market for Indian tea is extremely important as there are payment issues for shipments to Iran, another vital tea export destination. "Around 18 per cent of India's tea shipments go to Russia," India Tea Association chairperson Nayantara Palchoudhuri told PTI.
Analysts refuse to read too much into the early birds numbers.
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
IT-BPO firms offer end-to-end mortgage origination services and manage servicing activities.
Consolidation has begun, due to which some are trying to trim the business and others are seeking an exit. The situation would worsen after August 31.
The demonetisation seems to have impacted the GVA in the third as well as fourth quarter of 2016-17 which slipped to 6.7 per cent and 5.6 per cent respectively, from 7.3 per cent and 8.7 per cent.
Consolidated net debt of Airtel increased by 24 per cent to Rs 97,395.2 crore.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances