Nokia sold its once-dominant handset business last year.
If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be an option for the leadership position.
Indian companies are now more confident about the execution skills of local banks.
Even after the recent developments at Infosys, both companies are expected to deliver similar revenue growth in FY17
"Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!" Trump said in a tweet.
Weakness of the dollar in the overseas market also boosted the rupee, a forex dealer said.
Foreign institutional investors (FIIs)' stake in Infosys is nearing historic highs. During the quarter ended September, they bought 6.38 million Infosys shares for Rs 2,236 crore, raising their stake 1.1 per cent, data show.
Infosys has been struggling to revive high growth for two years.
ICICI Bank, HDFC Bank, Infosys, SBI and L&T among fund managers' preferred bets.
For growth sustain at these levels, private services need to recover.
A consortium led by Ajay Singh is initially expected to invest Rs 1,200 cr, largely to cover liabilities.
Adani intends to ship most of the coal from the mine to India.
Street believes premium valuations justified, as port traffic is expected to grow at a CAGR of 16% over FY14-16.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
Banks bore the brunt of the sell-off.
Favourable response to launches, recovery in CVs will aid growth.
Jain was the architect of Deutsche's investment banking business and placed one of his former trading heads, Alan Cloete, in Hong Kong as co-CEO for Asia Pacific in 2012.
The move to sell the jewel in Vodafone's crown closes a heady expansionist chapter for one of Britain's most famous companies
CRISIL chief economist D K Joshi is of the opinion that GDP is an indicator of the health of the economy.
FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
This move to make it easier for funds to avail of tax exemptions.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.
In the last 3 months, rupee has depreciated 16% against dollar.
The category average return of mid-and-small-cap funds is 95 per cent.
However, it still lags far behind the US, which leads with a market-capitalisation of $23.9 trillion through August 2014.
This is part of an 'aggressive and decisive set of action' to shore up the company.
Fed seen holding rates steady as investor confidence shakes
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged at a six-weekly rate review on Tuesday, ending a year-long cutting cycle as it focuses instead on underpinning the plunging currency.
The committee said the move 'clearly undervalued the company and its long-term growth prospects'.
The US House of Representatives averted a government shutdown on Thursday, narrowly passing a $1.1 trillion spending bill despite strenuous Democratic objections to controversial financial provisions.
While there is little one can do when the fund house restricts redemptions, it's best to exit even if it means some losses.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
Around 250 financial market players will participate in a closed door meeting with Narendra Modi on February 27.
FY17 GDP growth faces cash crunch heat
The so-called 'fourth industrial revolution' will bring ever faster cycles of innovation, posing huge challenges to companies, workers, governments and societies alike
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