The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
Authorities on Saturday continued to dig up currency to the tune of lakhs of rupees, including in new notes, across the country.
Developers had been urging dual usage of their SEZ land since the beginning of global financial recession in 2008.
'The so-called economic reforms are for the rich.' 'The government should not facilitate and entertain this kind of lust for land by the capitalists.'
'West Bengal is an industry-friendly state.'
A mixed global trend and weakness in rupee influenced the sentiments during the day.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes
The new law will apply to all establishments employing 10 or more people and the entitlement will be for only up to first two children.
Here's what's buzzing in Mumbai if you are looking out for real estate appreciation...
'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.' 'Yesterday, I met an investor who put in Rs 4 crore. That man doesn't have Rs 2,000 to spend on medicines.'
The deal for 800,000-square foot plot in Gurgaon's Infospace Tikri SEZ is likely to improve real estate absorption rate, which has seen some upside recently.
Gujarat, the home state of Prime Minister Narendra Modi and portrayed as 'growth engine' of India has witnessed a steep fall in new investments for the second quarter of 2014-15 compared to the first quarter of the same fiscal.
The government plans to take India into the top 50 ranks in ease of doing business in the next two years with efforts such as shifting all applications for industrial licenses online.
India will get $35 billion from Japan over the next five years for developmental projects, including building of smart cities and next generation infrastructure as also cleaning of the Ganga, as Premier Shinzo Abe on Monday pledged to partner Prime Minister Narendra Modi's "ambitious" vision of inclusive development.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
A few companies continue to pay taxes at 15-20%.
Apart from cotton, copper, petroleum and industrial machinery, India does not export much to China. This means that India buys six times the merchandise it sells to China, points out Abhishek Waghmare.
Sensex, Nifty put up a good show in closing trade.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Clauses on land return, action against officials diluted
While the Trinamool government, led by Chief Minister Mamata Banerjee, tried its best to attract investors, including from Singapore, not much headway could be made.
India's exports are estimated to have remained at around $312 billion in 2013, while the final figures for 2014 could be around this figure only.
A ministry spokesperson said he wasn't aware of the development.
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.
The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.
The industry status will help the sector access bank lending at average interest rates
The new land Acquisition Bill has many implications.
Monsoon is expected to be normal in June.
Prime Minister Narendra Modi on Saturday arrived in Dhaka to a red carpet welcome on his maiden visit which is expected to put ties with Bangladesh in a new trajectory, as the two sides will firm up a number of pacts to boost cooperation besides ratifying the long-pending Land Boundary Agreement.
Modi will also push for involvement of Indian companies in setting up of ports in that country.
Taking the supporters of Telangana supporters by surprise the Union government has given its nod to the ambitious Information Technology Investment Region proposal for Hyderabad which envisions an investment of Rs 2.19 lakh crore in and around the city over the next 25 years.
Technical rallies and short covering may arise only if the markets break this 500 point band
Indian airlines are running into losses.
Obstacles in development of SEZs will be removed.
In many cases, all that is required is a final letter from the ministry
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
The dust over the controversy around foreign direct investment (FDI) in the defence sector appears to have settled.
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