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As bad loans mount, India gets tough on 'wilful' default

 Kemrock Industries and Exports owns a golf course near its plant in Gujarat and its chairman, Kalpesh Patel, talks of the high salaries he pays employees.Still, the company has defaulted on......

Markets end lower, ITC weighs

 Markets ended lower on Thursday, amid weakness in Europe, weighed down selling pressure in ITC. Profit taking in private banking and software majors also dampened sentiment. The 30-share Sensex......

Sensex sheds 189 points on profit booking

 After a spectacular rally, the Indian bourses shed 189 points on the back of profit booking. The Sensex opened flat at 17,336 and soon drifted into the red as investors booked profit after Monday's......

The stocks that are setting the markets on fire

 One out of every six non-A group stocks hit the upper circuit on the Bombay Stock Exchange on Monday. As many as 421 stocks, accounting for 18 per cent of the total non-A group traded stocks on the......

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