After gaining over 223 points in the early trade, the S&P BSE benchmark Sensex on Thursday fell 29 points, extending its losing run to the seventh day, as jittery investors offloaded their positions in realty, PSU, oil & gas and metal shares, amid subdued manufacturing trend.

Companies opt for impairment when the value of assets/goodwill on their books is no longer fully recoverable. This reduces the company's net worth or book value. The net profit, too, is adversely affected in the year the charge is made.

Snapping a five-day rally, the BSE benchmark Sensex on Wednesday fell from 30-month highs by losing over 211 points on heavy selling in banking stocks as new liquidity tightening steps unleashed by RBI to shore up rupee are likely to hike short-term interest rates.

Extending its winning run for fourth day, the BSE Sensex on Monday inched up 9 points to close at two-month high of 20,159.12 helped by smart gains in HDFC, ICICI Bank and Infosys shares even as L&T tanked by over 7 per cent after reporting a decline in profit.

The 30-share index shed 145 points to close at 19,294.12 - its lowest closing level since July 3. The Nifty lost 42 points to end at 5,816.70.

The Sensex on Tuesday retreated from one-month high levels to 19,463.82, down 113.57 points, as overseas investors booked profits in bluechips including Infosys, RIL and HDFC Bank after three straight days of gains.

American Interest: The strategic dialogue co-chaired by U.S. Secretary of State John Kerry and External Affairs Minister Salman Khurshid reviewed the status of civil nuclear ties and defence trade between the U.S. and India. Kerry wanted India to adopt clean energy technologies. Next, U.S. Vice President Joe Biden is scheduled to visit India in mid-July.

The Bombay Stock Exchange 30-share barometer resumed lower at 18,714.06 and dropped further to a two-month low of 18,467.16. However, it recovered after mid-week to hit a high of 19,432.94 before finishing at 19,395.81, showing a smart gain of 621.57 points.

The BSE Sensex dropped for a third week in a row, losing 404 points to end at 18,774.24 on Friday. Foreign funds sold shares worth Rs 5,029.80 crore during the week.

Heavyweight stocks like Reliance Industries dropped 3.84 per cent and Infosys lost 2.92 per cent. Jindal Steel and Power sank 9.62 per cent on major sell-off by participants.

The stock index hit a new two-month low, led by fall in consumer durable and metal sector stocks, as weak factory output and sticky inflation dented hopes of a rate cut by RBI next week.

In 2008, Eicher Motors tied up with Swedish truck maker Volvo in its bid to become a larger player and build a global presence in the commercial vehicle business. Volvo, on the other hand, wanted to crack the small and medium-truck segment in India. This case study looks at how the two companies leveraged their respective strengths to achieve their disparate goals.

Traders said investors also appeared to be avoiding taking fresh positions ahead of Friday's fourth quarter GDP data release while a weak rupee, which touched a 10-month low on Wednesday.

In his first five months on the job, Mistry has ordered his CEOs to tighten spending, and replaced oversight structures to give him greater influence over the running of the more than 100 group companies.

A string of negative factors weighed heavily on market as both benchmark indices, S&P Sensex and CNX Nifty, came off their nearly 30-month highs and tumbled 2.9 per cent and 3.3 per cent respectively during the week under review, snapping a five-week rally.

Rebounding from nearly two-week lows, the BSE benchmark Sensex on Friday snapped a four-day downtrend by ending 30 points higher on the back of strength in Tata Steel, ICICI Bank, L&T and Tata Power shares.

Nearly a century-and-a-half after constructing the London-Calcutta telegraph line, the German engineering giant is still going strong in India. The company's progress in India has been in sporadic bursts. It founded its India unit in 1922, but it was only after independence that it started expanding.

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The 30-share Sensex resumed lower at 18,989.78 and dropped to 18,989.78, but recovered afterwards to hit a 6-week high of 19,434.85 before ending the week at 19,286.72, a net gain of 270.26 points, or 1.42 per cent, from last weekend's level.

The first BJP government in South India has squandered its chance to boost growth. The political merry-go-round has resulted in poor governance and uncertainty, dragging down the gross state domestic product.