Business

Top three players Life Insurance Corporation, ICICI Prudential and Bajaj Allianz continued with their robust performance in premium income.

The five-day long labour stir at Hero Honda ended late Saturday night with the management and workers reaching an agreement.

Talks between striking contractual workers and management at Hero Honda are in a limbo. Representatives of the workers today failed to turn up for talks with the management.

Metal, oil and capital goods stocks have spurted up while technology, banking, auto, and some pharma and FMCG stocks have plummeted.

Foreign airlines may now be able to invest in domestic Indian carriers. That's if the Government approves the new aviation policy.

India says its New Exploration Licensing Policy has already led to 30 hydrocarbon discoveries around the country.

ICICI Bank is trying hard to push use of cards, including debit cards, outside the top eight cities and for this has rolled out 1.55 lakh point-of-sale (PoS) terminals.

Mutual funds by their very nature are not tax saving instruments but investment products that may offer tax concessions. But the question is whether these should be looked at as tax saving instruments?

Foreign Institutional Investors and local mutual funds were believed to be heavy buyers in a number of key counters throughout.

The Jet-Sahara deal is being re-negotiated. Sources tell CNN-IBN that Jet Airways wants to pay 2 per cent less for Sahara from its original offer.

The Sensex settled at 10,841.35 after swings 151 points for intraday, down 63.85 points or 0.59 per cent. It touched an intraday high of 10,935.09 and an intraday low of 10,784.42.

Which stocks or sector look good for investors to get in? Experts give their call on stocks like Bajaj Hindustan, Dhampur Sugar, India Cement.

The 12 per cent service tax imposed on Internet telephony has hit the Internet companies hard. Net phone was included in the service tax in Budget 2006-07.

Analysts seem to be confused over the markets next week. It could possibly open firm; expect profit booking and consolidation; profit booking will continue; and opening can be negative is their varied response.

Cut in excise and customs duties will encourage more investment and help the economy to grow faster, P Chidambaram said.

The Union Budget may look all nice and friendly, but the devil lies in its details. It will start pinching you as soon as you go through the details.