It was a record setting spree for the markets early on today as the NSE Nifty crossed the 9,700-mark for the first time and BSE Sensex shot up by 121 points to hit a fresh all-time high of 31,430.32.

Trading sentiments got a boost as investors widened positions ahead of the Reserve Bank's monetary policy review meet tomorrow amid a mixed trend in Asian region, brokers said.

In a fresh attempt to bar Chinese solar panel makers from flooding the Indian market at an ultra-low price, the domestic companies approached the Directorate General of Anti-Dumping (DGAD), requesting an imposition of a duty on importers.

The application has been filed against China, Malaysia and Taiwan. The domestic industry via the Indian Solar Manufacturer’s Association (ISMA) pleaded that as the imports led to considerable damage to the indigenous sector; a retrospective duty should be imposed.

Shares of information technology (IT) companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise range-bound market.

Tata Consultancy Services (TCS), Infosys, HCL Technologies, Tata Elxsi, Hexaware Technologies and Tech Mahindra were up in the range of 2% to 6%.

Veteran actor Anupam Kher has been finalised to play Manmohan Singh in a movie based on former prime minister's media adviser Sanjaya Baru’s book, ‘The Accidental Prime Minister: The Making and Unmaking of Manmohan Singh’.

To be directed by debutant Vijay Ratnakar Gutte, the memoir by Baru was critical of Singh's first term as PM and had coincided with the 2014 parliamentary polls. The movie is expected to hit the screens in December 2018, just ahead of the next general election in 2019. The first look will be unveiled on Wednesday.

The State Bank of India (SBI), the country’s largest lender, has launched share sales through private placement to raise about Rs 11,000 crore to shore up its capital adequacy ratio.

This is part of the plan to mop up Rs 15,000 crore from the markets in the current fiscal year.

ICICI Bank and Fairfax Financial Holdings will sell a part of their stakes in ICICI Lombard General Insurance Company in the latter’s initial public offering (IPO) of equity, to monetise their investment. ICICI Lombard is a joint venture (JV) between the bank and the Canada-based financial holdings company, founded and led by Prem Watsa, a magnate of Indian origin.

Microsoft, LinkedIn, Oracle, Facebook and Google are increasing their staff in India triggering a talent war with Indian information technology (IT) services providers.

These US-based firms are seeking Indian engineers to work on technologies similar to their global counterparts even as they face rising protectionism in their home market.

The Andhra Pradesh government has come out with a separate policy for global in-house centres (GICs) with an objective to attract potential job creators by offering plug-and-play infrastructure developed in collaboration with private sector.

The concept of GICs, an alternative model to the third party vendors, has been gaining ground with global companies setting up their own subsidiaries to handle the business process management (BPM) work, which is otherwise being outsourced to off-shore firms.

Prime Minister Narendra Modi on Monday reviewed the preparedness for the Goods and Services Tax (​GST) and said that the roll-out of the new indirect tax regime from July 1 will be a turning point for the economy.

This was the first review by the PM after the GST Council finalised the rates, and the second since May 2.

Apple Inc and Amazon.com Inc will join Foxconn's bid for Toshiba Corp's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday.

The two US technology giants plan to "chip in funds", Gou said in an interview, according to the newspaper. It was not immediately clear if this would take the form of a direct investment in the semiconductor unit or would be financing for the deal.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.