The outlook is a flat start. The indices could slip into the red given subdued global cues. Eyes are on ECB later this week as it announces additional details about quantitative easing.
The Tata group was in focus and there are no clear explanations for the spurt in almost every Tata company except Tata Motors and its DVR. Some say restructuring while reports even indicate Tata Son’s IPO.
The outlook is a flat start. The indices could slip into the red given subdued global cues. Eyes are on ECB later this week as it announces additional details about quantitative easing. The Dow and S&P dropped half a percent while Nasdaq shed 0.56%. Asian markets are mixed with Japan's Nikkei and Hong Kong's Hang Seng trading lower while China's Shanghai is in the green.
Infosys Chief Operating Officer UB Pravin Rao has flagged concerns over demand from clients in sectors such as banking, financial services and insurance, and energy, says a report.
Bharti Airtel has entered into a partnership with China Mobile, the world's largest telco, for jointly sourcing devices and equipment as well as developing 4G technology and standards, a development which will help India's biggest telecom operator take on Reliance Jio Infocomm.
Future Retail plans to raise up to Rs. 1,500 crore through debt instruments to replace high-cost loans and to invest in brand-building and marketing. The company is seeking approval from its shareholders for the proposal to raise up to Rs. 1,500 crore through issue of non-convertible debentures on a private placement basis, Future Retail said in a filing to the BSE.
After bank accounts, demat could be up next for a record opening spree. That could become an integral part of the Centre's disinvestment programme as it looks to democratise asset sales and ensure greater retail investor participation in the exercise aimed at raising an all-time-high Rs 69,500 crore in the year starting April 1, says a report.
SAIF Partners has raised $350 million (about Rs 2,170 crore) for anew India-focused fund as it looks to back a new set of start-ups in the country.
Prime Minister Narendra Modi said on Tuesday that in a democracy, threats do not work. “I had faced many threats during my term as the Gujarat CM,” the PM said. The PM was speaking in the Rajya Sabha in reply to the motion of thanks to the President's address.
The Insurance Bill was tabled in Lok Sabha, to replace the ordinance which was earlier promulgated to allow for higher foreign equity participation in Indian insurance companies. The Bill was first introduced in Rajya Sabha, way back in 2008, but has been stuck due to non-concurrence of all the political parties.
To attract more capital from the government, public sector banks will have to ensure that they have strong balance sheets, RBI deputy governor R Gandhi said.
Finally, the Nifty raced past the 9000 mark in intra-day trade on Tuesday and managed a record high close. While benchmark indices are hitting new highs, it is important to check how your own portfolio is doing. Bulk of the gains came from Infosys and HDFC. In fact six stocks out of the 10 leading stocks were from the financial services segment.
The Tata group was in focus and there are no clear explanations for the spurt in almost every Tata company except Tata Motors and its DVR. Some say restructuring while reports even indicate Tata Son’s IPO.
The outlook is a flat start. The indices could slip into the red given subdued global cues. Eyes are on ECB later this week as it announces additional details about quantitative easing. The Dow and S&P dropped half a percent while Nasdaq shed 0.56%. Asian markets are mixed with Japan's Nikkei and Hong Kong's Hang Seng trading lower while China's Shanghai is in the green.
Infosys Chief Operating Officer UB Pravin Rao has flagged concerns over demand from clients in sectors such as banking, financial services and insurance, and energy, says a report.
Bharti Airtel has entered into a partnership with China Mobile, the world's largest telco, for jointly sourcing devices and equipment as well as developing 4G technology and standards, a development which will help India's biggest telecom operator take on Reliance Jio Infocomm.
Future Retail plans to raise up to Rs. 1,500 crore through debt instruments to replace high-cost loans and to invest in brand-building and marketing. The company is seeking approval from its shareholders for the proposal to raise up to Rs. 1,500 crore through issue of non-convertible debentures on a private placement basis, Future Retail said in a filing to the BSE.
After bank accounts, demat could be up next for a record opening spree. That could become an integral part of the Centre's disinvestment programme as it looks to democratise asset sales and ensure greater retail investor participation in the exercise aimed at raising an all-time-high Rs 69,500 crore in the year starting April 1, says a report.
SAIF Partners has raised $350 million (about Rs 2,170 crore) for anew India-focused fund as it looks to back a new set of start-ups in the country.
Prime Minister Narendra Modi said on Tuesday that in a democracy, threats do not work. “I had faced many threats during my term as the Gujarat CM,” the PM said. The PM was speaking in the Rajya Sabha in reply to the motion of thanks to the President's address.
The Insurance Bill was tabled in Lok Sabha, to replace the ordinance which was earlier promulgated to allow for higher foreign equity participation in Indian insurance companies. The Bill was first introduced in Rajya Sabha, way back in 2008, but has been stuck due to non-concurrence of all the political parties.
To attract more capital from the government, public sector banks will have to ensure that they have strong balance sheets, RBI deputy governor R Gandhi said.
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