Ratnakar Bank to absorb RBS' employees involved in three businesses
The FMCG index gained more than 1% on the back of stellar gains in ITC.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
Google Inc announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
AAP has promised lower electricity bills, free basic water supply.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
The companies' underrecoveries stood at a whopping Rs 1,39,869 crore last financial year. Of that, Rs 62,837 crore was accounted for by diesel alone.
.jpg)
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Markets are also watching a meeting in Moscow of G20 finance ministers for signs of an orchestrated approach to the end of US money-printing, which could help defuse volatility in global markets.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks for $2.2 billion, a cheaper than-expected price, analysts said, although they also noted the acquisition would put pressure on Nokia's balance sheet.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
'The most important issue for Indians, the only way in which to get them quickly out of poverty, is sustained high growth.' 'If we are not doing that despite a strong government and a leader with clarity of vision and purpose, we are facing big trouble.'
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
RIL has faced protests from local authorities, activists and residents across India campaigning against masts and roadworks.
Microsoft saw its shares fall 2.6% on Monday.
Experts say you may invest in small-sized funds and benefit from their nimbleness.
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
In last few years, a number of global players have exited the Indian mutual fund business.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
Jaitley's Budget has the potential to change the face of Modi's Bharat
Sensex lacklustre, bluechips in focus.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
Banking stocks, including top ones like State Bank of India, ICICI Bank, HDFC Bank, Bank of Baroda and Bank of India, among others, have fallen sharply in the last one month.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
His challenge now may be coping with Alibaba's undoubted status as a whale in the world of e-commerce.
Sikka reinforces focus on automation & artificial intelligence
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
