India Insight

Markets this week: Mahindra and Mahindra, RIL top Sensex losers

June 20, 2014

By Ankush Arora and Sankalp Phartiyal

The BSE Sensex and Nifty, India’s main stock indexes, both fell 0.5 percent this week as worries over escalating Iraq tensions, a weak domestic monsoon and profit-taking weighed on sentiment.

Movie Review: ‘Humshakals’ is best avoided

June 20, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

In the opening scene of director Sajid Khan’s “Humshakals” (lookalikes), Ashok Singhania (Saif Ali Khan) rattles off a series of unfunny jokes at a club as unamused guests flee. In a way, the scene is a sign of things to come, portending a long-winded tale with dull, contrived and ineffective humour.

Vijender Singh enters the Bollywood ring with ‘Fugly’

June 15, 2014

Vijender Singh, the pin-up boy of Indian boxing, made his Bollywood debut on Friday, starring in a thriller about four youngsters who get into trouble with the police.

Highlights – President Pranab Mukherjee’s address to parliament

By Reuters Staff
June 9, 2014

The new government will pursue an economic reform agenda that foresees introducing the goods and services tax, encouraging foreign investment and speeding approvals for major business projects, President Pranab Mukherjee said in a parliamentary address on Monday.

Markets this week: Sensex surges 5 percent on hopes from Modi, ONGC rallies

June 6, 2014

By Ankush Arora and Aditya Kalra

The BSE Sensex ended at a record closing high on Friday, rising 5 percent during the week, as Indian shares rallied on hopes of faster economic recovery after Narendra Modi became India’s prime minister last month.

Brokerages bullish on Sensex, revise targets after Modi win

June 5, 2014

By Sankalp Phartiyal and Aditya Kalra

Indian stock markets rallied to record highs in May with the benchmark BSE Sensex breaching the 25,000 mark for the first time after Narendra Modi won a clear mandate to govern Asia’s third-largest economy.

Telemedicine in India might be just what the doctor ordered

June 4, 2014

Between surgeries and hospital rounds one recent day, Dr. Rajiv Parakh made a dash into his Gurgaon office for an appointment he couldn’t miss: a consultation with a patient who lives hundreds of kilometres away.

Aam Aadmi’s party isn’t over yet, Bhagwant Mann says

June 4, 2014

The one-and-a-half-year-old Aam Aadmi Party’s (AAP) poor performance in this year’s parliamentary elections in India was a big letdown for the anti-corruption party’s members and its leader Arvind Kejriwal. One of the party’s newly elected parliamentarians, Punjabi actor-comedian Bhagwant Mann, is doing his best to keep spirits high. Following are excerpts from two phone conversations with India Insight about the future of the AAP.

India equity funds ride Modi rally in May, post best month in five years

June 3, 2014

India’s diversified equity funds outperformed the broader markets in May and recorded their best monthly performance in five years, as stocks rallied on hopes of an economic revival after the Narendra Modi-led Bharatiya Janata Party (BJP) won a decisive election mandate.

Modi boost helps Sensex rise 8 pct in May, Sesa jumps 51 pct

May 30, 2014

By Ankush Arora and Sankalp Phartiyal

A road sign stands next to the Bombay Stock Exchange building.Indian shares rose sharply and scaled new record highs in May, with the benchmark index rising above 25,000 points on hopes of an economic revival after pro-business Narendra Modi became India’s new prime minister.