Despite slowdown, smaller firms attract growth capital.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes
The target announced is 13.6 per cent higher than that set last year and 145.4 per cent higher than the revised target for 2013-14.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex
India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to 'negative' last year.
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The partially convertible rupee closed at 66.24/25 per dollar after hitting a record low of 66.30, and down 2.9 per cent from its close of 64.30/31 on Monday.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
Sensex ended strong, Tata Steel, HUL climb higher.
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
IMF report says billions more cash and debt relief needed
Prime Minister Narendra Modi on Sunday thanked France and wrapped up his first visit to Paris that saw the two nations elevate their strategic ties to a new level as they agreed on a deal for 36 Rafale fighter jets and decided to move ahead with the log-jammed Jaitapur nuclear project.
India's banks are propping up too many weak producers.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
Following Serena Williams's 19th Grand Slam title, here is the list of Australian Open women's singles champions since the event began in 1922 (Australian unless stated)
11th-hour debt restructuring programme offered no concessions to creditors
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
The central bank measures though are also taking a toll on the banking sector, which is heavily reliant on short-term money markets for capital.
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