Container Corporation of India (Concor) has been the worst performer among major logistics & port stocks registering returns of about 4 per cent over the past three months as compared to 10-12 per cent for peers Gateway Distriparks and Adani Ports and SEZ. Uncertain outlook on the export-import (EXIM) trade front, market share loss, lack of progress on divestment, and weak June quarter results weighed on the stock. Volume and margin movement will be key triggers for the stock going ahead. As was the case in the previous quarter, margin performance was muted even in the June quarter. Operating profit in the quarter was down 17 per cent at Rs 391 crore missing estimates by over 15 per cent. Operating profit margins at 20.4 per cent, too, were down sharply by 350 basis points over the year-ago quarter.
Zak Crawley said England's upcoming tour to India in January-March 2024 presents them with an 'amazing opportunity' to showcase 'Bazball'.
Images from the ICC World Cup match between England and Bangladesh, in Dharamsala, on Tuesday.
The players of which country had the best IPL 2023? Srinivas Bhogle and Purnendu Maji find out.
India won nine gold, as many silver and two bronze medals in total.
The bench said that multiple local factors made it difficult for the top court to "frame uniform or standard guideline for trial courts across the length and breadth of this country" and it left the issue of ensuring speedy trial to the high courts as they have the power of superintendence over the trial courts.
Krunal, however, conceded that his side allowed GT to run away with the game with far too many runs on the board.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 23 World Cup 2023 games.
Dinesh Karthik hit a quickfire half-century as Tamil Nadu overcame a jittery start to down Baroda by 38 runs.
Civic polls in Mumbai are to take place in late March or early April.
The sources said that of the 124 positive samples, genome sequencing results of 40 were received of which XBB, including XBB.1, was found in 14 samples and BF 7.4.1 in one sample.
He felt Australia will get better as the series progresses.
Khawaja steers calm course on Ashes rollercoaster
With Housing Development Finance Corporation's (HDFC's) merger with HDFC Bank becoming effective on July 1, the merged entity is set to become the top weight in the benchmarks S&P BSE Sensex and the National Stock Exchange Nifty indices, dislodging the country's most valuable company, Reliance Industries (RIL), from its perch. HDFC will stop trading after July 13. At present, RIL has a weighting of close to 12 per cent in the Sensex and 10.3 per cent in the broad-based Nifty. Meanwhile, HDFC Bank and HDFC have weights of 9.9 per cent and 6.8 per cent in the Sensex and 8.8 per cent and 6 per cent in the Nifty, respectively.
Joginder Tuteja looks at Shah Rukh's 10 biggest recent hits.
Will India extend their run to make it 8-0? Or will Pakistan be able to snap the streak?
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
PHOTOS of the IPL 2023 match between Gujarat Titans and Lucknow Super Giants at the Narendra Modi Stadium in Ahmedabad on Sunday.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 37 World Cup 2023 games.
Pacer Jaydev Unadkat returned to Test cricket after 12 years -- missing 118 games during that period.
India's urban unemployment rate declined in Q4FY23 to 6.8 per cent - the lowest in over four years -- after it stagnated at 7.2 per cent in the previous October-December quarter, reflecting improvement in the labour market, according to the Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO) on Monday. The unemployment rate in current weekly status (CWS) terms for all ages in the March quarter was the lowest recorded in more than four years, from the time the NSO released India's first quarterly urban jobless rate for the December quarter in 2018. The jobless rate in urban areas had been on a continuous decline since the peak of 20.8 per cent in the April-June quarter of FY21.
A look at how India have fared in their World Cup opening games.
Ishan Kishan made history by becoming the seventh batsman in one-day international cricket to hit a double century
Jaydev Unadkat was both relieved and delighted after Zakir Hasan became his maiden Test wicket.
Modi knows that the BMC elections are critical for his party which has never won a majority in the city's 227 wards.
The Madras high court on Thursday ordered issuing notice to deposed All Indi Anna Dravida Munnetra Kazhagam leader and former Tamil Nadu Chief Minister O Paneerselvam and his relatives on a criminal revision case initiated on its own, relating to their discharge in a disproportionate wealth case by a trial court in 2012.
Passenger vehicle wholesales rose 23 per cent year-on-year in the December 2022 quarter, aided by robust demand in the festive period, the automobile industry body Society of Indian Automobile Manufacturers said on Friday.
"It is very hard for the bowlers nowadays especially with the impact player. You have eight or nine batters in a team and it becomes very hard. If you need 60-65 in the last four overs it is quite gettable nowadays.
Rossouw was supported by opener Quinton de Kock (68 off 43) while David Miller came in with four balls left in the innings to smash three sixes, guiding the tourists to a competitive total of 227.
Adani Group is expected to report a 20 per cent rise in its earnings before interest, tax, depreciation, and amortisation (Ebitda) at Rs 61,200 crore for the year that ended in March 2023 (2022-23, or FY23), according to a note submitted by the group to lenders recently. The group had earned Ebitda of Rs 57,299 crore in the preceding financial year that ended in March 2022 (2021-22). The group's gross debt was Rs 2.27 trillion as of March 31, 2023, and has projected to not take on additional debt until it lowers its existing one.
If Rashid doesn't come good with the ball, he is certain to shine in the field or with the bat. His value and legend grew more on Sunday with an effort that changed the game's route.
Only one in four workers in Karnataka receive a salary, the lowest among the four industrialised states of India, a Business Standard analysis of the latest annual Periodic Labour Force Survey (PLFS) data shows. While 31.6 per cent workers in Gujarat receive regular wages (or salaries), followed by Tamil Nadu (30.3 per cent) and Maharashtra (29.4 per cent), only 25.7 per cent workers in Karnataka receive the same. The figure stands at 21.5 per cent at the national level, according to the 2021-22 PLFS data.
Images from Day 5 of the first Ashes Test between England and Australia at Edgbaston Cricket Ground in Birmingham on Tuesday.
India logged 4,194 new coronavirus infections, taking the total tally of COVID-19 cases to 4,29,84,261, while the active cases dipped to 42,219, according to the Union Health Ministry data updated on Friday.
India suffered a top order meltdown chasing a small victory target of 145
Tejaswin Shankar opened Indian athletics team's medal account with a bronze in the men's high jump event in the Commonwealth Games in Birmingham on Wednesday.
Shankar's non-participation in the interstate championship shall not be the sole criteria for rejecting him
Sounding the bugle for Mumbai civic body polls, Union Home Minister and senior BJP leader Amit Shah on Monday asked party leaders and workers to inflict a 'deeper wound' on Uddhav Thackeray-led Shiv Sena on its home turf.
Goods like chocolates, chewing gum, shampoo, deodorant, shoe polish, detergents, nutrition drinks and marble will now attract 18% GST>
Corporate India continues to be generous in rewarding its shareholders with big dividend payouts. This is especially true for shareholders of companies such as Tata Consultancy Services (TCS), Hindustan Zinc (HZL), and Coal India (CIL) which are seen as cash cows of large business groups and the government. Boosted by a big payout by these three companies, the combined equity dividend payout by listed companies was up 38 per cent year-on-year (YoY) to a record high of Rs 2.27 trillion in 2022-23 (FY23), compared with Rs 1.65 trillion in 2021-22 (FY22).
