Here are top headlines of the day:
*Sensex soars 143 pts; HUL, BoB, Kotak Mahindra Bank up 3-5%
After closing on a flat note for the last two sessions, the key benchmarks on Tuesday rose more than 0.7 percent, tracking strength in major Asian markets.
*Govt's $3.96 bn bond auction for FIIs oversubscribed
Showing strong demand for government bonds despite a weakening rupee, foreign institutional investors (FIIs) have put in bids worth over USD 4.3 billion in an auction for debt securities worth USD 3.96 billion.
*Will House edit of Immigration Bill calm Indian IT fears?
The House of Representatives' version of US Immigration Bill will allay concerns of India IT sector and is most likely to not support outplacement clause. Several bodies including National Association of Software and Services Companies (NASSCOM) have been talking with US authorities and giving set of recommendations for a bipartisan Immigration Bill.
*Reliance Infra starts Jaipur-Reengus road project
Reliance Infrastructure, part of the Reliance Group, today said its Rs 556-crore road project connecting Jaipur and Reengus in Rajasthan has become operational. "Reliance Infrastructure Ltd through its Special Purpose Vehicle (SPV) -- JR Toll Road Private Ltd -- today announced the commencement of its road project from Jaipur to Reengus in Rajasthan," a company statement said.
*Govt to call on millions of non-residents to defend rupee
India is considering calling on its millions of non-resident citizens to help reverse a record slide in the rupee and does not favour the idea of a global sovereign bond at this time, senior government officials told Reuters on Monday.
*EGoM on gas to meet on July 25
A high-powered ministerial panel will meet on Thursday to consider making available natural gas to fuel starved power plants from sources other than Reliance Industries' KG-D6 fields.
*BHEL bags 2 contracts from NTPC for setting up solar plants
State-run BHEL today said it has bagged two contracts worth Rs 132 crore from NTPC for executing two solar power projects at Unchahar in Uttar Pradesh and Talcher in Odisha.
*Q1 Mixed Bag
L&T Finance Holding Q1 net up 20% on Rs 145cr on tax refund
Shriram Transport Q1 up only 7%, dented by high provisions
Century Textiles Q1 net jumps 16 times to Rs 38 cr
Just Dial's FY13 PAT up 35% on higher paid listings
Dewan Housing Finance Corp Q1 net soars 54% to Rs 120 cr
*World awaits first glimpse of Britain's new prince
The world was awaiting the first glimpse of Britain's new prince on Tuesday with camera crews poised to photograph Prince William and his wife, Kate, leaving a London hospital with their baby son.
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