Rose Valley is one of the biggest money businesses after Sahara.
Benchmark indices finished higher on hopes of economic reforms
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
Gains were led by HUL on better-than-expected margins in March quarter and capital goods shares.
Amchem said that Amway is a direct selling FMCG company that uses multilevel marketing to sell its daily use products through independent distributors, instead of from a shop or a mall.
'The manufacturing sector and the capital goods industry need all the support that the government can provide, because they are working in a global market where trade restrictions are coming down every day,' says Amar Kaul.
Dell emerges the most attractive among technology players.
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Did you know that India is among the top five countries in food processing?
Financial shares were among the top Sensex gainers along with auto and pharma shares.
When you say, Make in India, it means, Indians will work for you, but we should create our own brands and create a market for them internationally. Only then, money will come back to India.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
Govt must take few steps to improve business environment.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
A good monsoon would translate into demand pickup across multiple sectors.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.
Parents always want to give the best to their children.
Ramdev's Patanjali is a low-cost, low-margin business that gets away with pretty much what it wants because wily old Ramdev knows how to get around all politicians, says Vir Sanghvi.
An index P/E of 23 implies that the market is already discounting EPS growth at 20% or more, says Devangshu Datta.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Godrej and Big Bazaar have stood out in the consumer goods and service spaces by acing the challenge of aligning innovation with outcome.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
The Sensex ended 290 points higher at 29,095 mark and the Nifty gained 94 points to close at 8,806 levels.
The Sensex ended at a fresh record closing high of 28,889 while Nifty ended at a fresh record closing high of 8,730.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
