Companies from the capital goods space will under-perform.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
'The corporate world and the private sector economy take notice of the monstrous and apartheid like division that exists in our offices. The jobs we so casually take for granted in the upper class have come to us on the back of denial to others,' says Aakar Patel.
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
Global private equity (PE) major Carlyle is in talks with renowned cardiac surgeon Dr Naresh Trehan to acquire a minority stake in his Gurgaon-based multi-super speciality hospital, Medanta -The Medicity.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
.jpg)
The Sensex was around 18,600 by the end of August.
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
Venture capitalists Adam Wolfensohn and Ameya Bijoor tell Anjuli Bhargava about the kind of investments and companies they are looking to invest in.
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.
Bengaluru's average home prices are Rs 4,000 a sq ft.
Formal announcement of venture into new segment on Thursday; group's entry timely, given the demand, say experts
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
India Inc is encouraged by a determined Budget.
China's and India's nuclear doctrines mandate 'No First Use' of nuclear weapons, so use against each other seems unlikely.
It also expects to get its REIT listed on the Singapore stock exchange next year.
Govt must take few steps to improve business environment.
The shortage of skilled workers in India is one of the country's biggest challenges.
India's first indigenous nuclear-powered submarine is a considerable achievement -- and should have an impact on security strategy
'I can snap my fingers and get 1,000 people overnight, but I can't guarantee that they will develop because there has been zero change in education in the country in the last nine years.'
The bank will have around 501 branches.
'Despite frequent high-level interactions there has been little traction on substantive issues between India and France,' says Mohan Guruswamy.
When it comes to key hands-on management positions, India Inc is still largely run by men.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
'India is likely to do better than other emerging markets.'
'They don't always agree with our governments, their teachers or their parents, but it is the conviction of their ideas, and their determination to share them with the world that, I believe, is one of the greatest sources of hope for our planet.' 'The colonisation of space, understanding the very building blocks of matter and the universe, utilising our understanding of the human genome to conquer disease -- these are the tasks waiting for a fellowship of minds to realise new triumphs in our collective destiny.'
While investment activity jumped three to four times this year over last year for e-commerce, it has shown marginal growth (five per cent) in the case of consumer and retail
Political funding of elections has led to the rise in black money in the economy.
World trade has been growing slower than world GDP since 2012.
'The IPO window has been more or less open since the new government in 2014.'
Markets ended weak tracking the expiry of April derivative contracts.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
Strong MF investments, stemming of FII outflows and positive earnings in Q3 have helped market, say analysts.
Sensex closed 63.82 points higher at 26,851.05 in Muhurat trading; Nifty rises 18.65 points to end at 8,014.55.
