The Nifty 50 index is struggling to find a directional bias. It is broadly moving within a band of 8,800 and 9,200. These levels are crucial.
A flight from Iran is expected to land in the country tonight and would be bringing around 300 swabs of Indians there who are suspected of having coronavirus
Assuming a real return of 5-7% for equities as seen from global and Indian evidence, we can work out a rough return expectation of around 10-12% for equities over the next 10 years.
An investor who simply decided to stay invested for the past 15 years in the market, ended up getting a 606 percent return or 13.9 percent CAGR (Nifty 50 TRI).
However, he maintained the Sangh's old stand and said gay marriage and such relationships were not "compatible with nature". "These relationships are not natural, so we do not support this kind of relationship.
Union mines secretary Arun Kumar also said closure of some iron ore mines in Odisha and Goa may not have much impact on the ore exports as the situation is moving towards normalisation.
Speaking at the India Copper Forum here, Kumar said, "... we have good indications in the K3 (Khetri) belt (that) we have large resources as and when those blocks come up for auction..."
India's iron ore production is likely to have increased by 28 per cent to 200 million tonnes during the 2016-17 fiscal, a top official said today.
Mines Secretary Arun Kumar said the government can bag Rs 1 lakh crore from non-coal mineral block auctions in Goa, Odisha and Karnataka in FY18.
The first tranche of auctions, which started last year, saw bidding of 21 mine blocks that fetched Rs 73,000 crore to states.
Going forward, the pharma company is going to to focus on its B2C business and the high cash generating verticals, he says.
"US companies are optimistic about doing business in India. They see the reforms as a positive sign of India's willingness to make the needed improvements to its business climate," US Assistant Secretary of Commerce for Global Markets, Arun Kumar told PTI.
There was some regulatory overhangs post Strides-Mylan Agila transaction, says Arun Kumar, Executive VC & MD of Strides Shasun.
"The Committee of Directors of the Board of Directors of the company in their meeting held on September 30, 2016 has approved issuance of non-convertible debentures up to Rs 1,250 crore," Vedanta Ltd said in a BSE filing.
Kumar, currently Deputy CFO at Vedanta, takes over from Group CFO and whole-time director of Vedanta Ltd Jalan on his superannuation, effective September 30, it said in a statement.
The Innovation Forum will be formally launched in New Delhi on August 29 on the sidelines of the second annual Strategic and Commercial Dialogue between the two countries.
In an interview to CNBC-TV18, Arun Kumar, Executive VC and MD of Strides Shasun said the company may sell off its API unit after enhancing its value.
The agreement was signed at the ASCI campus here in the presence of J&K IMPARD Vice-Chairman and Director General Arun Kumar and ASCI Director General Paramita Dasgupta, ASCI stated in a release.
The company had posted a net profit after taxes and minority interest of Rs 11.39 crore for the same period a year ago, Strides Shasun said in a BSE filing.
The BJP, which has so far failed to send a member to the state assembly or Parliament from Kerala, had tied up with BDJS (Bharat Dharma Jana Sena), a party floated by Sree Narayana Dharma Paripalana Yogam, an outfit of the backward Ezhva community, and some other smaller parties.
The pipelines will pass through the beds of patients helping them get Oxygen when required, said Principal Arun Kumar Dandapat.
"US businesses still find it difficult to do business in India due to an inconsistent regulatory environment, systemic infrastructure bottlenecks, lack of transparency and uncertainty in corporate governance rules," Assistant Secretary for Global Markets in the US Department of Commerce, International Trade Administration Arun Kumar said here.
The growth trajectory is very strong going forward and the company has all the necessary engines to grow the business at 20-25 percent CAGR, said Arun Kumar, MD, Strides Shasun.
"The company at its meeting today approved the appointment of Arun Kumar Kapoor as the CEO of the company with effect from November 23, 2015", Dish TV said in a BSE filing.
"The most important fact about elevating the dialogue to a strategic and commercial dialogue is to signal that commerce, economics and business are at the centre of the US-India relationship," Arun Kumar, Assistant Secretary of Commerce for Global Markets and Director General of US and Foreign Commercial Service told agency.