The company's market valuation stood at Rs 10,972 crore in morning trade.
Covering-up of short positions by speculators ahead of September month expiry in the derivatives segment on Thursday also helped the market stage a smart rally.
Relaxing FDI norms will provide a major impetus to employment and job creation.
Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.
The United States has made it clear to India that it is "discouraging" it from proceeding with its acquisition of S-400 missile defence systems from Russia but Washington will have to weigh "important geostrategic considerations" while taking a decision on growing calls for a presidential CAATSA waiver to New Delhi, President Joe Biden's nominee for Coordinator for Sanctions Policy has told lawmakers.
Novak Djokovic crushed Andy Murray 6-1, 7-5, 7-6(3) on Sunday to match Roy Emerson's record of six Australian Open titles and leave the Briton heartbroken again at Melbourne Park.
With the first quarter gross tax mop-up reaching Rs 5.6 lakh crore, Icra Ratings on Friday said the government is set to exceed the budgeted tax collection target of Rs 22.2 lakh crore for 2021-22, led by indirect taxes. The government has budgeted a modest 9.5 per cent growth in tax collections at Rs 22.2 lakh crore for FY22, over FY21 collections of Rs 20.2 lakh crore. However, despite the second wave of the pandemic, the April-June quarter tax collections rose to Rs 5.6 lakh crore, which is 39 per cent higher than Q1 of FY20.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
India already allows 100 per cent ownership of greenfield pharma businesses.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Railway Minister Pawan Kumar Bansal on Thursday favoured rail-based container movement between India and Pakistan to reduce transaction cost and ease road traffic.
According to the decision, such entities can now first operate through e-commerce and then open brick-and-mortar stores.
India has the lowest labour force participation rate in South Asia and one of the lowest in the world, points out Aakar Patel.
The letter by Singh, who is camping at the Dalit Prerna Sthal in Noida along with his faction members since December 2, came as protestors marked the birth anniversary of former prime minister and farmers' leader Chaudhary Charan Singh.
Pakistani President Arif Alvi and Prime Minister Imran Khan conveyed their appreciation to the team, and congratulated the nation on the feat.
Haripriya also claimed that the economy of Bangladesh has strengthened on the back of smuggled cows from India, primarily Assam.
India and the United States are working on efforts to improve cooperation on UN terrorist designations and expand the sharing of information on known or suspected terrorists "no matter where they may be located," says US Ambassador to India Richard Verma
