The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.
The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd sees little sign of a recovery in Asia's third-largest economy,
L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.
The dollar bond market has been a favourite for Indian firms in 2014.
Nifty could fall to 9,500 levels; not a good time to bottom fish, say experts
Godrej and some other firms are frustrated at what they say is the slow execution of projects and lack of government support, which are hampering India's efforts to compete with China and Russia as a cheaper option for launching satellites.
'After decades, there is movement on multiple fronts in artillery development. Now let us see how quickly we can get these guns into service'
Unfavourable secondary market conditions aren't a big concern for IPOs by good quality companies.
The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul
Benchmark indices plunge 4.7% in the first full week of 2016.
BAOA says the recent downgrade of India by the America's FAA was triggered primarily by a shortage of qualified staff for conducting safety and airworthiness inspections of aircraft.
Clearly, he is in the right place, at the right time.
In the US, the ratio of the CEO to average worker pay ratio was 373:1 in 2014.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
No one is indispensable, says Lakshmi Murthy, chief people officer, ITM Group of Institutions.
Those for power sector to see tussle between prior owners & new challengers
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
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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 say the stock market correction in recent times increases the risk-reward in favour of large-cap stocks.
Ahmedabad-based Adani Group is said to be the frontrunner to buy out both Tata Steel and Larsen & Toubro's stake in Dhamra.
It earlier took 19 months to build a Tejas, now it takes 11 months, says HAL chief.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
Three stockmarket experts give their best picks for the New Year.
The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.
The move will lead to augmentation of water infrastructure in the country
Tata Steel, SBI, Infosys and L&T were among the top gainers for the day.
Warship building projects worth at least Rs 630 billion have ground to a standstill. The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude, Anil Ambani's shipbuilding firm from those contracts.
Stocks and sectors impacted most by GST.
It is the only project in the world which can lift two TMC of water every day, the government said.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
It goes without saying that the best performers are in the private sector, says TN Ninan.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
The artillery pounds targets and keeps the enemy's head down, preventing them from firing at attacking troops.
Metals bucked the trend and shone across the board.
Columnist T N Ninan wonders when there is real progress to talk about, why our ministers make exaggerated claims.
Of these, three stocks belong to the automobile pack and two are from the pharma.
Growing trees means much more than strewing seeds around; it takes an understanding of local climatic conditions, indigenous strains and partnership with local communities.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
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