Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Metal sector is not too happy from Budget announcements for the sector
To check fiscal deficit, government needs to drastically cut Plan expenditure.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Tata Steel's domestic operations have been its cash cow.
There are 30 listed PSUs in which the public holding is less than 25%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
A tightrope walk ahead, especially as govt's fiscal deficit has already reached 99% of full-year estimates
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
Demand to remain high with festive season ahead and ongoing price fall
The reason is believed to be a 19% increase in interest cost.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
The rally in most of these stocks is partly attributed to impressive financial performance.
The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.
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.
Corrosion is a big menace for anything with steel application from rebars in construction, oil and water pipelines, railway track, power distribution poles to automobiles, says Kunal Bose.
Markets crashed due to domestic worries; bluechip stocks tanked too.
Sun Pharma stock has appreciated at 35% a year for 20 years
The government has a two-pronged strategy for e-auction of cancelled coal blocks.
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
Under current laws, a company cannot sell mines but only transfer leases when it is acquired by another firm.
Sensex seems to be under pressure on weak cues.
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'Mining jobs get created in the most backward districts of India's poorest states,' says Anil Agarwal.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
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