BUSINESS
Indian Markets Outperform China in Returns Over the Last 5 Years, Sebi Member
Terming the Indian markets "sone pe suhaga" for delivering higher returns for lower risks, Narayan also flagged a few areas of caution for investors and asked them to be conscious of the risks.
Stock Markets Open on a Positive Note, Sensex Surges by 300 Points
The market trend continued to remain positive. On NSE, 981 traded in green compared to 401 that traded in red. While BSE clocked 1,830 traded in green and 901 in red.
India's Industrial Production Declines Slightly, Manufacturing Output Sees Growth
In manufacturing, three main positives were basic metals at 3.0 per cent, electrical equipment at 17.7 percent, and chemicals and chemical products at 2.7 percent during August, it has been said by the report.
India's Foreign Exchange Reserves Remain Above $700 Billion
Foreign Currency Assets (FCAs) declined to $612.6 billion as against a weekly gain of $3.51 billion in the Weekly Statistical Supplement issued by the RBI.
Noel Tata Aims to Uphold the Legacy of Ratan Naval Tata
"I am deeply honored and humbled by the responsibility that has been cast on me by my fellow Trustees. I look forward to carrying on the legacy of Mr. Ratan N. Tata and the Founders of the Tata Group," Noel Tata said.
Ratan Tata's Half-brother Noel Appointed New Chairman of Tata Trusts
At 67, Noel Tata is stepping into a prominent leadership role within Tata Trusts, which holds a majority stake in Tata Sons, the parent company of the Tata Group.
TCS Reports 5% Net Profit Growth at ₹11,909 Crore in Q2, Adds 5,726 New Hires
IT services major revenue stood at Rs 64,259 crore, with YoY growth of 7.6 per cent, driven by energy, resources, and utilities, and manufacturing.
Sensex Rises by 144 Points Ahead of TCS Q2 Earnings Report
At close, the Sensex was up 144 points at 81,611 (0.18 per cent) and Nifty was at 24,998, up 16 points or 0.07 per cent.
Centre Disburses ₹1,78,173 Crore to States as Tax Devolution for Festive Season
It is also seen that out of the states Uttar Pradesh accounted for Rs 31,962 crore, Bihar for Rs 17,921 crore, Madhya Pradesh for Rs 13,987 crore, Maharashtra for Rs 11,255 crore, West Bengal for Rs 13,404 crore, Rajasthan for Rs 10,737 crore, Odisha for Rs 8,068 crore, Andhra Pradesh for Rs 7,211 crore and Telangana for Rs 3,745 crore.
When Ratan Tata Reminisced About a Romantic Beach Walk with Simi Garewal
Tata was one of the foremost industrialist forces of India who put the nation on the path of progress. An enormous volume of work made him a loner in the later phase of life, but he did enjoy little joys of life. One such was his romantic walk on the beach with actress Simi Garewal.
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