After fighting for over four years, Groupe Danone and the Wadias have struck a deal that will see the French food giant exit their biscuit joint venture, Britannia Industries Ltd.
India is Asia's third-best performing equity market.
The domestic currency has tumbled by 104 paise, or 1.63 per cent, in last six trading days.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
Investors not stop their SIPs or STPs due to election-related uncertainty.
To tighten the noose around unscrupulous transporters indulging in diverting public distribution system (PDS) food to the open market, the Delhi government has decided to install global positioning system (GPS) in vehicles ferrying ration items such as wheat and rice.
Investors lost close to Rs one lakh crore (Rs 1 trillion) on Monday as the market gave a thumbs down to the interim Budget FY'2009-10, which failed to provide any sops for key sectors.
At the BSE, 1,964 stocks declined and 871 advanced while 99 remained unchanged.
The wider Nifty hit a low of 10,033.35 before finishing at 10,044.10, down 74.15 points or 0.73 per cent.
The NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.
The sell-off in the equity markets, especially by foreign institutional investors, could have a ripple effect across asset classes and adversely impact consumer spending.
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
.jpg)
Rupee ends flat after hitting 9-1/2 month low.
The rupee has been under immense pressure due to a host of reasons including soaring crude oil prices, sustained foreign fund outflows and widening current account deficit.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
The deal is expected to be struck at $150 million (about Rs 600 crore). If the deal goes through, it will mark the entry of Indian companies in Hollywood studios.
He assured fears of food shortages were far-fetched.
Rupee hits new low at close against dollar.
Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.
In the next two years, invest in leading companies in key sectors and buy more when prices fall further.
The rupee rallied for the second straight session by gaining 21 paise to end at 66.10 against US dollar.
Total market capitalisation of BSE listed firms stood at Rs 101.49 lakh crore on March 31.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
Top 9 Sensex firms lose over Rs 1 trillion in market cap.
It was the second straight week of gains for the benchmarks.
Today's slide of 438.41 points in the BSE Sensex took the three-day losses close to 1,500 points, cumulatively eroding investors' wealth by over 100 billion dollars (Rs 4,06,000 crore).The selling pressure continued despite the arrest of outflow by Foreign Institutional Investors. FIIs turned net buyers on Thursday on the bourses with purchase of shares worth Rs 125 crore (Rs 1.25 billion), from being net seller of about Rs 1,800 crore (Rs 18 bilion) a day before.
The Hollywood socialite-turned-reality TV star has set up an auction on eBay, where she will be selling off her Jimmy Choo boots, Chanel bags and various designer dresses and accessories to raise cash for the Dream Foundation, which grants wishes to the terminally ill. In addition, Kardashian will also take the winning bidder out for lunch and a shopping spree at her DASH store in Calabasas, California.
Laying fibre to home is a cumbersome and a slow process as every building has to be physically wired.
As investment bankers in India returned to their offices in India's financial capital, Mumbai, after Christmas and the New Year, they must have suffered from deja vu.
The government on Friday slashed the import tariff value on gold to $398 per ten grams while raising it marginally on silver to $643 per kg in line with global trends.
In its zeal to get to the viewer before anyone else does, the business media ends up oversimplifying things.
Volkswagen is looking at ways to cut costs and boost cash flow.
Finance Minister Arun Jaitley on Sunday asserted that India's "real economy" will dictate both the currency valuation and the market.
BPL Mobile is exploring options to hive off its tower business into a separate company and is embarking on a capacity addition initiative
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Report sees the index at 16,000 points in the worst-case scenario.
It was a 'Black Monday' again in markets today and history shows that seven out of the ten biggest carnages on Dalal Street has taken place on a Monday!
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
The US dollar index, which tracks the greenback against a basket of six major currencies, was 0.38 per cent lower at 95.41.
