Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis. In comparison, the Government of India's stake in listed central public sector undertakings (PSUs) is currently valued at Rs 9.24 trillion
FII investments, movement of rupee against dollar and crude oil to influence trading
The shareholders will also get one redeemable preference share in Vedanta Ltd
The government is bullish on Coal India and ONGC's stake sale programme which are to be held soon.
Arun Jaitley will aim for jumps in other revenue streams for the government.
PM's Massive Mission to achieve 'Swachh Bharat' by 2019 is a tribute to Mahatma Gandhi on his 150th birth anniversary.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Almost all major metal and mining firms would be affected by the Supreme Court ruling canceling 214 coal blocks, but Naveen Jindal's JSPL and Aditya Birla Group's Hindalco would be among the worst hit, analysts said.
Officials say a fall in global oil prices will reduce the government's subsidy burden, giving it a greater chance of hitting its ambitious fiscal deficit target of 4.1 percent of gross domestic product in the fiscal year to March.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
The doubling of Clean Energy Cess from Rs 200 to 400 per tonne would further increase the input cost for domestic producers.
India's track record of over-promising and under-delivering also leaves plenty of room for doubt.
On the BSE, 1,650 shares declined and 1,188 shares rose
Jindal Power bagged 2 coal mines in Chhattisgarh.
At the bank's current market price, the stake on offer is worth about Rs 5,700 crore
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
The market breadth, indicating the overall health of the market was strong
The bullish outlook for gold is seen as a trigger for silver to perform better going ahead.
A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.
While the April-February deficit is pegged at 5.3 per cent of GDP, the final print may be a tad lower due to revenue push and expenditure cuts seen in March, the last month of 2013-14 fiscal year, it said.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
All this is happening at a time when aluminium prices in the world market are firming up.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Else they will form a growing 'hospital sector' -- and the taxpayer will be asked to pick up a mounting bill,' warns T N Ninan.
Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.
Committed to keep fiscal deficit under check, Prime Minister Manmohan Singh has convened a high-level meeting on Tuesday to push forward the disinvestment programme with a view to achieve the budgetary target of Rs 40,000 crore (Rs 400 billion) in the current fiscal.
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
The S&P BSE Sensex plunged 128 points to end at 25,102.
Broader market outperformed the frontline indices and also hit their respective all-time highs
Investor wealth too fell by nearly Rs 7 lakh crore during 2015-16 or over Rs 2,700 crore per trading session.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Going by the experience of the previous years -- when the actual proceeds from stake sale were much lower than the targets -- the government's disinvestment target for 2014-15 appears too ambitious.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
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