Government approved a Rs 5,000-crore plan of Cadila Healthcare for fresh equity infusion.

As per the Centre for Monitoring Indian Economy (CMIE) CapEx database, an incremental capacity of a huge 68.5 million tonnes per annum (mtpa) is slated for completion during 2015-18.

Cement stocks gained as much as 4.5 per cent today after the Competition Appellate Tribunal set aside Rs 6,316.59 crore penalty imposed on 11 cement firms by CCI on cartelisation charges.

The Tribunal also allowed the cement manufacturers to withdraw the 10 per cent penalty amount already deposited with the CCI (Competition Commission of India), which has been asked to pass a fresh order within three months.

Yet another mining scandal. Obviously, states didn't learn their lessons from the Centre's coal mining scam.

The stock fell after the company reported 36 per cent decline in its standalone net profit at Rs 153.57 crore for the third quarter ended September 30, 2015.

Shares of Mphasis spurted 18.58 per cent intraday continuing its rising trend ever since the company reported its Q2 earnings which were broadly in line with expectations.

The markets will also react to the news of China easing its policy further by cutting its lending and deposit rate by 25 basis points with the aim to support its slowing economy.

FIIs were net buyers during the week with purchases worth $297 million, and the rupee strengthened to 64.82 against the dollar due to positive cues from equity markets.

According to data culled for around 1,055 listed companies whose results have been declared so far, corporate donations rose to a new high and stood over Rs 1,300 crore in 2014/15 compared to Rs 1,293 crore in the previous year.

The benchmark BSE Sensex gained 1.22 per cent, while the broader Nifty rose 1.37 per cent.

Shares of realty major DLF rose 10.08 per cent to close at Rs 120.65 apiece on Thursday.

Nestle India's total income from the operations during the period under review declined 19.52 per cent to Rs 1,957.01 crore as against Rs 2,431.97 crore in the same period of previous year.

The focus today is largely expected to hover around the Power Finance Corporation (PFC) stock as the govt will sell 5 per cent stake in the state firm in a stock market transaction.

Going ahead the trend in the domestic market will be dictated by foreign flows and the development in the international market. Lack of trigger may see the market moving in a range of 1,500 to 2,000 points.

Suresh Narayan, who is currently Chairman and CEO, Nestle Philippines, will officially take over India operations for the company on August 1.

\"The action taken by FSSAI is discouraging innovation in the food processing sector. FSSAI has created environment of fear in the industry,\" she said.

Food and Drug Administration (FDA) has been asked to collect packaged food samples of the Nagpur-based leading domestic snack-maker from all over the state after reports emerged that its products have been banned in the US.

On June 5, food regulator FSSAI banned Maggi directing Nestle to immediately withdraw and recall all nine variants of Maggi instant noodles from market due to presence of lead and MSG beyond permissible limits.

For the quarter ended March 2015, overall net profit and net sales of cement companies plunged around 45 per cent and 2.5 per cent, respectively, against the corresponding quarter a year ago.