NIFTYCurrent: 7,832 (fut: 7,832),Target: NAStop-loss short positions at 7,900. Stop-long positions at 7,755. Big moves could go till 7,700, 7,975 but settlement session may not see a big move.
In India’s first telecom spectrum trading transaction, Videocon Telecommunications, a subsidiary of Videocon Industries, on Tuesday sold its spectrum in Gujarat and UP (West) circles to Aditya Birla group’s Idea Cellular at a valuation of Rs
Barely two days before the start of the winter session of Parliament, Finance Minister Arun Jaitley said the government was willing to reach out to the Congress over the goods and services tax (GST) but counselled the party to reconsider some of its
For a sector which routinely got a go-by from investors, the successful listing of InterGlobe Aviation (IndiGo) and the sharp run in the stock price of SpiceJet over the past year have brought it back on the Street's radar.
Reliance Communications (RCom) is close to finalising a deal to sell its entire stake in tower unit Reliance Infratel, sources said.
Passenger vehicle exports are growing at a rate slower than the domestic market after a gap of four years.
SunEdison India may sell the solar power projects it won as part of the flagship National Solar Mission. The company is also laying off 5-10 per cent of its Indian workforce.
As people become aspiration-driven, premium products and localised innovation will drive growth for PepsiCo India, says D Shivakumar, the chairman and chief executive who took charge in December 2013. The business reorganisation over a year-and-a-half led
Sun Pharmaceutical Industries has shelved plans to invest in a $225-million wind energy project in the US following investor concerns.
Despite being the the tenth largest handset vender, Micromax's journey continues to be turbulent. A fleet of Chinese mobile handset firms have entered the country.
Tata Motors-owned UK brands Jaguar Land Rover has announced doubling of capacity of its Midland-based engine manufacturing centre, with an investment of £450 million (Rs 4,500 crore).
A day after touching its record high, the stock of Maruti Suzuki lost about two per cent at the BSE on Tuesday, amid voting by minority shareholders on its upcoming plant in Gujarat. The unit is being set up with investment from parent firm Suzuki.
Nestle India might have resumed production of Maggi noodles on Monday from its Pantnagar plant, the biggest in the country.
Patanjali Ayurved, the fast-moving consumer goods venture promoted by yoga guru Ramdev, on Tuesday said it had received notice from food safety regulator Food Safety and Standards Authority of India (FSSAI), which had accused it of launching instant
The start-up ecosystem has in the past couple of years seen several online laundry businesses like PickMyLaundry, Laundrywala, Dirk Da Dhobi, Wassup, MyWash and Laundry Basket beginning operations.
Stepping up the drive to clean up the balance sheets of public sector banks (PSBs), the finance ministry has asked for specific recovery plans from six lenders, including Bank of India (BoI), Indian Overseas Bank (IOB) and UCO Bank.
The pickup in India's economic growth is expected to continue, predominantly driven by manufacturing and electricity while the mining segment gathers steam, according to the State Bank of India's (SBI) composite index.
Rating agency Moody's Investors Service said on Tuesday the masala bond market could become an attractive funding avenue for state-owned companies and large non-banking finance companies (NBFCs).
Electronic medical records (EMR), which would enable health care providers to have a coded integrated health care system, may take longer to be implemented, with infrastructure still being put in place.
India will miss its export target of $325 billion due to a slump in the global economy but the number might end up below $300 billion by the end of 2015-16, said Department of Commerce Joint Secretary Ravi Kapoor on Tuesday.