The Board of Control for Cricket in India on Wednesday indicated it will appeal against former Chief Justice of India R C Lahoti's report that went in favour of Kochi Tuskers, the erstwhile Indian Premier League franchise whose contract was terminated by the Board in 2011 because of an alleged breach of contract.
By 2020, we should have some 10 listed sports companies, with one or two big enough to be on the Sensex
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Stocks and sectors impacted most by GST.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Promoters of 517 companies have pledged nearly 46.35 per cent of their shares, the highest since the 2008 global financial crisis.
Submits revised proposal to CCI as Birla Corp deal fails
The broader markets are, however, outperforming the larger peer.
The average rating was seven out of 10.
'Justice is done, I stand vindicated...' Yeddyurappa tweeted.
Around 300 promoters serve their company boards for free.
Housing sector to benefit from Budget.
Clean energy cess to hike cost for power sector.
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Most Asian stock markets steadied on Wednesday.
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
Vikas Krishan regrets underestimating 19-year-old Youth Olympic champion Bektemir Melikuziev of Uzbekistan in the final at the Asian Boxing Championships in Thailand.
Metals bucked the trend and shone across the board.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
'There are retaliatory incursions, ambushes, captures and killings by Indian forces along the 700 km border; alleged spies are caught on both sides, then mutually traded as pawns; envoys are summoned in both capitals to be routinely given dressing downs.' 'And there is always a handy courier pigeon, like Sajjan Jindal, sent over to test the troubled waters,' says Sunil Sethi.
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.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
The govt has hiked customs duty for metallurgical coke.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
Narsingh Yadav's chances of making it to the Olympics will be known on Thursday. The National Anti-Doping Agency's disciplinary panel adjourned its hearing on the dope scandal surrounding the wrestler on Wednesday evening, even as he failed a second dope test and lodged a police complaint against two fellow-grapplers.
Kabaddi may now be behind only cricket in the popularity stakes.
Top discus thrower Seema Punia's decision to train in Russia to prepare for the Rio Olympics has left the Athletics Federation of India (AFI) fuming as that country is now at the centre of an unprecedented doping scandal.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
Summary of sports events and persons who made news on Tuesday
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week