Ahead of Prime Minister Narendra Modi's visit to Russia, defence ministry's top acquisition council on Thursday cleared the purchase of an estimated Rs 40,000 crore Russian S-400 Triumf air defence missile systems, besides giving the go-ahead to other projects worth over Rs 25,000 crore.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
L&T is the preferred pick, but given the opportunities in the power T&D space analysts are also positive on KEC, ABB and Kalpataru
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
The Birlas are investing $100 million in the financial services business in fiscal beginning April 1.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
Four big transmission projects went under the hammer last month.
The low global crude prices have helped narrow the current account deficit to just 0.2 per cent of GDP in the previous January-March quarter.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
DFS writes to departments that haven't responded to RBI's request for information.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
Sectoral index up 10% in past month, as market takes hope from higher order book, revenue and operating margins in September quarter.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Sector added only 200,000 employees in FY16, down from 230,000 in FY15
With its new hybrid annuity model, the government is confident of getting more funds from India Inc.
Gains were led by Tata Motors amid robust sales in June along with select financials.
The successful test firing of medium range surface-to-air missiles is welcome news for the IAF.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Transparency is more than welcome, but govt should not look vindictive.
Licence winners are expected to be announced by the first quarter of 2014.
Spotlight likely on cement, metals, road cos
Almost all recent labour strikes were declared illegal by the labour department of Gujarat.
Additional levy to eat into Rs 6,000-crore income of top promoters
India Inc gets about Rs 67,000 crore worth of fresh orders in the Sept quarter, a rise of 45% sequentially.
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