- BEST B-SCHOOLS
- INDIA'S BEST EMPLOYERS
- HOTTEST YOUNG EXECUTIVES
- TOP EMERGING COMPANIES
- BEST CFOs
- BEST BANKS
- COOLEST START-UPS
- BEST INNOVATIONS
- MOST POWERFUL BUSINESSWOMEN
- WOMEN'S ISSUE
- BEST SMEs
- LUXURY SPECIAL
- BEST CEOs
- ANNIVERSARY SPECIAL
- UNION BUDGET
- BUSINESS TODAY
- BT MORE
- MONEY TODAY
- GADGETS AND GIZMOS
Shares of Ashok Leyland surged 4% after the Hinduja Group flagship company received an order worth around Rs 1,331 crore from a West African country.
Investors will also benefit from a simpler funding structure, absence of a hard price ceiling, and exemption from capital gains tax on rupee appreciation.
The Securities and Exchange Board of India (Sebi) has cleared the proposed initial share sale and gave its final observations on the IPO on November 20.
Shares of Pfizer surged over 8% in trade on Tuesday after the US-listed Pfizer Inc and Botox manufacturer Allergan agreed to merge in a record $160 bn deal.
Going by the pecking order, TCS remains on the top, followed by RIL, ITC, HDFC Bank, Infosys, Coal India, ONGC, HDFC, SBI and Sun Pharma.
Shares of Dr Reddy's cracked 8% after the US FDA said it might withhold approval of the company's fresh drugs.
BSE, NSE as well as debt and currency markets will remain closed on Wednesday on account of Gurunanak Jayanti.
The S&P BSE Sensex ended the day 43.60 points down at 25,775.74, ahead of the holiday on Wednesday on account of Gurunanak Jayanti.
Weaker Asian markets kept sentiment subdued, with commodity prices slumping again on the back of a rising dollar and worries about Chinese demand.
Metals and mining major Vedanta and Aditya Birla group flagship firm Hindalco Industries will shift out of the BSE benchmark Sensex from December 21.
India is seen as better placed to withstand any global market volatility from Fed rate hikes thanks to hefty forex reserves of $351 billion.
News You Can Use