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Union Budget 2013: Auto Industry seeks cut in excise duty to boost sentiments

2012-13 has been a challenging fiscal for the Indian auto sector as it remained engulfed by the negative sentiments.

Explained: 5 stock movements of the day

Natco Pharma hit record high levels after receiving USFDA approval: Stock touched life time high levels of Rs 502 after receiving USFDA approval to launch Lansoprazole.

Explained 5 stock movements today

Ranbaxy slipped after halting generic Lipitor production: Stock slid 1.76 percent. Company has stopped production of generic Lipitor post a recall.

In comes Chidu, up goes Sensex!

The lawyer turned politician P Chidambaram just loves to play the market and as always his North Block stint has given Sensex an unusual high. For the record his latest innings that began on July 31, 2012 has evidenced Sensex put up its best performance this year breaching the 19,000 mark on Thursday.

Should Infosys ‘guide’ RBI?

There is apparently nothing common between Infosys, India’s pioneering company in IT domain and the Reserve Bank of India (RBI), the nation’s central bank. But a closer look shows that of late both have shown remarkable capability in missing targets forecast by them though with contrasting results.

Explained: 5 stock movements today

GMR Infra slipped as Q1 net loss widened: Share lost 3.36 per cent after company’s net loss increased to 94 crore as against 67 crore on yearly basis.

Explained: 5 stock movements today

Mahindra Satyam rocked post robust earnings: Scrip gained over 6 percent along with Tech Mahindra (5.78 percent). Margins of Mahindra Satyam improved drastically to 21.7 percent as against 17.5 percent posted in the last quarter.

Mutual funds' asset base falls 1.5% in June

According to data released by the Association of Mutual Funds in India (AMFI), the fund industry shedded around 24,000 crore during the month of June, which led to decline in the overall asset base to 6,88,825 crore.

Rains stay away says a section @ India Inc

As experts spar over the deficiency level of monsoon so far, a section of India Inc has reason to celebrate that many less rain drops.

Positive trends in the midst of gloom

There may be all round negativity but the stock story led by Nifty has something positive to offer at the end of six months this calendar. Nifty, the broader stock market index, has grown about 15 percent during January to June 2012 period.

Time to rate the rating agencies

It’s not only Indian ministries or government department that tend to goof up on data and its interpretation.

With inflation untamed, will RBI act freely?

The verdict on rate cut is not yet out, with analysts divided for and against it.

Is India’s Debt situation really scary?

The IMF survey of global macro economy has found that India’s debt management policy is not the most efficient amongst the BRIC member countries.

FMCG sector: Bucking the trend, but for how long?

Most of the FMCG companies have bucked the trend by posting stellar top line growth driven by sustained volumes.