The correction seen in the stock markets thus far is insufficient and there are significant downside risks, given the way macroeconomic data is shaping up, a Nomura equity strategist said on Thursday. "The markets are trying to look through the current stress we see in the macros. There are potential risks to the market. "Our estimates assume no major impact on growth and earnings. "The market should have been at least 5 per cent lower than it is now.
Ambani's wealth jumped $3.59 billion in the past 24 hours, while Adani added $2.96 billion to his net worth.
The open offers for the shareholders of Ambuja Cements and ACC will begin from July 6 and close on July 19, as per a tentative schedule published by the Adani family today. With an investment of $4 billion (Rs 31,139 crore), together these two open offers might constitute the biggest open offer in corporate Indian history. The mandatory open offer for the companies was made by a Mauritius based company owned by the Adani family after they acquired a 63 per cent stake in Ambuja and 4.5 per cent in ACC from Swiss cement major, Holcim for $6.5 billion. Ambuja owns a 50 per cent stake in ACC.
'We couldn't believe that in the 21st century world, a European country can be bombed, can be invaded.'
Mohammadpur Umri, a small village in Uttar Pradesh near the Indian Air Force's Bamrauli base in Prayagraj, is called a 'village of twins'.
'She had shown some signs of improvement, but then she went into multi-organ failure.'
'He is already training in Mumbai and is expected to be in Bangalore for the fitness test and get a formal okay from the National Cricket Academy.'
'When you have a win ratio of 65 per cent over the last five years, what is there to worry about?' 'How can the standard go down suddenly? For five years, you have been number one side in the world.'
'Everybody is losing money as interest costs keep piling up.' 'Some films will wait for a theatrical release and some won't, keeping their profit and loss situation in mind.'
Whether earnings growth sustains will be crucial to determining how Indian equity markets fare in the days to come.
The ministry of corporate affairs has clarified that companies whose annual general meetings are due in 2021 have to conduct them within the specified time limit and video conferencing is allowed till June 30,2022. MCA has said that its circular should not be construed as conferring any extension of time for holding annual general meetings by the companies under the Companies Act, 2013. "Companies which have not adhered to the timelines shall be liable to legal action under the appropriate provisions of the Act," MCA said. In September, MCA had allowed a two-month extension to the deadline for companies to hold their annual general meeting for the financial year ending March 31, 2021.
Indian PC shipments for the third quarter of CY21 touched a total of 4.5 million, making it India's biggest-ever single quarter. To put this in perspective, it is bigger than the total yearly consumer shipments in 2019, a year before the pandemic hit. As a result, many brands also reported their biggest quarter of PC shipments.
'It is a hard hitting, intense film which won't be just another entertainer.' 'This film will have a recall factor, there will be takeaways.'
Hiring demand for the month of October 2021, witnessed a dip of 3 per cent, as compared to September 2021. However, job demand grew 9 per cent sequentially in the past six months showing an optimistic outlook to recovery, said the Monster Employment Index. There has also been a strong year-on-year recovery with a 9 per cent uptick in October 2021 (Oct 2021 vs Oct 2020).
AI implementation enabler Staqu will deploy its proprietary video analytics system JARVIS to count votes directly from the camera by monitoring the electronic voting machines screens at the counting centre.
'There are some high-frequency indicators where uptick is visible and some where it is not'
The episode of Lord Rama's pursuit to catch the golden deer was selected for the robotic application and a total of four leather puppets -- Lord Rama, Goddess Sitha, Lakshmana and the Deer -- were automated.
'It is about the fight between two families, why they fight, how they fight and what they feel.'
Rahul Gandhi visits the Mata Kheer Bhawani temple and the Hazratbal shrine in Kashmir.