BSE market breadth was positive. Out of 2,972 stocks traded, 1,203 shares advanced while 986 shared declined in trades.
'Given that the market is now demanding disciplined growth, well-run companies should be able to demonstrate profitability with the cash on hand.'
The government on Tuesday approved the draft of India's free trade agreement with Japan, which is likely to be signed during Prime Minister Manmohan Singh's visit to Tokyo later this month.
lobal output returning to its medium-term growth rate of 4 per cent
The landmark civil nuclear deal sealed on Friday with Japan is strikingly similar to the agreements India has with the US and some other countries but contains some added features on safety and security, reflecting Japan's concerns on the issue.
The S&P BSE Sensex surged 160 points to close at 25,262.
Opening up India's market to neighbouring countries can be as strategic as access denial to others. The game should be played both ways, even if it upsets domestic business lobbies, observes T N Ninan.
The garment that is expected to hit Indian market in near future has been specially designed so that it can be cleaned under the shower-head and there is no need for soaking, dry cleaning or even soaping.
Swift is the highest selling car from the Maruti stable sicne its launch in 2005.
The products would be marketed and promoted jointly by Nippon Chemiphar and Nihon Pharmaceutical and sold in Japan under the Ranbaxy/Nihon Pharmaceutical Industry Ltd label.
The World Photography Organisation has revealed the winners for the Sony World Photography Awards 2024.
The first leap towards an organized derivatives market came in 1848, when the Chicago Board of Trade, the largest derivative exchange in the world, was established. Today, equity and commodity derivative markets are rapidly gaining in size in India. In terms of popularity too, these markets are catching on like a forest fire.
Passenger vehicle major Honda Siel India will launch the new version of premium sedan Accord by the next year.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
Weakness in Infosys, L&T and Hindalco cap index gains.
'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'
Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.
HSCI has now appointed Seki Inaba the director (marketing) for the Indian market. Inaba, who takes over from Tatsuya Natsume, will be responsible for marketing, sales and after-sales initiatives of the company in the country.
'In 1984, Pyongyang just had one hotel and one could not move out without an official escort.' 'India was the only country with an embassy, apart from the socialist countries.'
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
Jaitley said a very large number of reforms have taken place over the last few years and that has helped in restoring the credibility of the Indian economy
Maruti will launch its first electric vehicle (EV) in the next financial year (FY24), and will roll out six EVs in the country by FY30, the automaker's parent firm Suzuki said on Thursday.
With the opening up of the US and Japanese markets, the Indian mango industry expects Australia and New Zealand, the only two countries which still ban the fruit, to lift import restrictions soon.
'It leads to more investment, more money put in R&D, expansion and modernisation.'
News of all that's transpired on and off the football field.
After a year's delay due to COVID-19, the 19th Asian Games officially opens in Hangzhou on Saturday with hosts China eager to lift a country mired in economic gloom.
Japan World Cup match a big draw for viewers in Japan, less so in Germany
Bullish on the Indian market, Japanese consumer durables company Panasonic said on Thursday it was ready to increase investments in the country and line up new products.
Policies to break down the business group format are far more likely to be effective, argues Simon Commander.
The benchmark indices ended Monday's trading session on a positive note led by rate sensitive shares on hopes that lower inflation would help the central bank ease key policy rates. The Sensex ended higher by 76 points at 17,633 and the 50-share Nifty advanced 27 points to close at 5,348 levels. For the most part of the day, the markets traded in a narrow range.
Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.
Japanese auto major Nissan on Wednesday said it is discontinuing Datsun brand in India, nine years after the company kicked off the marque's global relaunch in the country. Having failed in its ambitious global relaunch of Datsun, Nissan had in 2020 discontinued the brand in Russia and Indonesia, the other two countries along with South Africa and India which were marked as key markets targeting the entry level car segment. Confirming the move to discontinue the Datsun brand, Nissan India in a statement said, "Production of Datsun redi-GO has ceased at the Chennai plant (Renault Nissan Automotive India Private Ltd). "Sales of the model still continue (till the stock lasts)."
Maruti Suzuki's contribution to the sales revenue of its Japanese parent, Suzuki Motor Corporation (SMC), has touched the highest-ever figure during April-December of FY23. According to SMC's results declared on Tuesday, Maruti's share in its global revenues jumped from 33.42 per cent in April-December of FY22 to 40.93 per cent in the corresponding period of FY23.
IT, banks and metal shares lose sheen while healthcare stocks surge.
Xi Jinping's recent actions in South Asia have amply demonstrated the disastrous impact of China's embrace, observes Jayadeva Ranade, the retired senior RA&W officer and China expert.
'The Indian govt's initiatives on EVs are very strong and customers want to buy EVs. This will make the country's conversion to EVs faster than other markets, and I hope even faster than the US'
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