Strong participation from retail investors and robust inflow in equity schemes helped the mutual fund industry's asset base soar by 21.1 per cent to Rs 13.4 lakh crore in 2015.
While it was party time for consumers, the online retailers in order to get customers onboard burnt a lot of cash, as they bought the merchandise from the brand at full price and sold it at a discounted price.
Cipla has just entered its 80th year and the year saw two major developments happen as far as the next generation of the Hamied family, which leads Cipla, is concerned.
Year 2015 should be regarded as a good year for patients worldwide as the USFDA has given approvals for 45 New Molecular Entity and New Therapeutic Biological Products.
Here is what affected your personal finance in 2015
In comparison, Foreign Portfolio Investors (FPIs) made a net investment of just Rs 16,674 crore during the period.
We take a look at the top 10 mobile devices searched at Google India.
Besides an uncertain future on rising fumes over use of diesel for the long term in automotive, the industry witnessed an unprecedented emission scandal involving Europe's largest carmaker Volkswagen that could lead to unprecedented penal fine of up to $18 billion in the US.
Top 10 major developments of 2015 and their impact on Sensex
India's external position improved at the same time. Forex reserves are a little above $350 billion in November 2015 as compared to a little over $270 billion in July 2013.
India's most searched searches online in 2015
Car makers have launched new models in India to grab market share and add to their top and bottom-lines.
Early in the year, the country saw the biggest auction of spectrum when the government garnered Rs 1.10 lakh crore ($17.6 billion) to licence 380.75 MHz of airwaves in the 900 MHz, 1,800 MHz and 800 MHz and 2100 MHz bands across 17 out of 22 telecom circles.
Though the government didn't start the year on the right note with its Budget botch-up on the issue of applicability of MAT on foreign institutional investors, it redeemed itself later by announcing some positive steps towards tax reforms.
The market has now come under the unified regulatory watch of the capital markets regulator Sebi, following the merger of 62-year-old Forward Markets Commission with it.
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