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BSE Sensex seen opening lower, GDP data eyed

Sensex down 161 points as weakness persists; Automobile, capital goods stocks trade weak
Due to sustained selling at several counters amid worries about the economy following the release of a rather disappointing January - March quarter GDP report, the market remains deep down in negative territory this afternoon. According to the data released by the government this morning, India's economy grew at a much lower than expected annual rate of 5.3% in the January- March 2012 quarter, due

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Keshub Mahindra signs off as M&M chairman

Keshub Mahindra joined Mahindra and Mahindra Ltd (M&M) in 1947, a year after the utility vehicle market leader renamed itself from Mahindra and Mohammed. On Tuesday, one of the longest serving

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India Inc's sales growth rate at 10-qtr low
The fourth-quarter sales growth at 10.3 per cent for manufacturing and software services companies (excluding oil marketing companies, refineries and banks) confirm a demand slowdown for India Inc.

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Taxing philosophy

Finance Minister Pranab Mukherjee appears to have taken note of India Inc's howls of protest at the aggressive tax regime that was announced in his latest Budget via retrospective amendments to law

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MCA panel seeks tough biz responsibility norms

Companies may now have to inform shareholders about the policies taken by them to tackle the menace of corruption, including bribery. They may also have to inform shareholders of how many

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