Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month. The company depends on low operating costs to offer the lowest prices to consumers, which enables sales velocity and scale, further reducing costs. This virtuous feedback loop has helped DMart gain market share in a sector dominated by unorganised stores.
The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.
A bench of Justices Sanjiv Khanna and Dipankar Datta, which continued hearing on the Kejriwal's plea challenging his arrest for the consecutive day, posed several queries to Additional Solicitor General S V Raju, appearing for the ED, and sought his reply on Friday.
In recent months, several pharma multinational corporations (MNCs) are increasingly turning to Indian companies to expand market reach in the country's pharmaceuticals sector. Sanofi's partnerships with Dr Reddy's, Cipla, and Emcure, AstraZeneca and Mankind Pharma - teaming up for asthma medication distribution - are a few instances of this trend. This strategy allows MNCs to leverage established Indian networks and reach a wider audience. Indian companies also benefit from global brands and expertise, say analysts.
Reuters TV footage showed people smashing shop ventures and fights with police. Some fires could also be seen on avenue de Friedland close to the Champs Elysees.
Asian American Hotel Owners Association (AAHOA) in a statement said America's hotel owners are deeply saddened, shocked, and outraged by this senseless act of violence against a small business owner that cost him his life.
'The present case is a classic case of how the ruling party led central government has misused the central agency- Enforcement Directorate and its wide powers under PMLA to crush its biggest political opponent -Aam Aadmi Party and its leaders'
Bollywood loves number games. And not just the rat race kind. There's a slew of movies with numbers in their title.
A court in New Delhi on Tuesday sent Bharat Rashtra Samiti leader K Kavitha to judicial custody till April 9 on a plea made by the Enforcement Directorate that the 'highly influential' arrestee, if released, was likely to influence witnesses and tamper with evidence.
'We started affordable housing loans that has good traction and the books have grown to Rs 750 crore as of the end of last quarter.'
'If something happens to Arvind Kejriwal, not just the whole country, even God will not forgive BJP'
If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.
Pope, one of the heroes for England in Hyderabad, feels that a wicket offering good turn will provide them with wicket-taking options.
Byju's founder Byju Raveendran on Saturday said the edtech company will not be able to pay salaries to employees as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors. In a letter to staff, Raveendran said the rights issue, launched a month ago, has been successfully closed. "This was supposed to be a happy correspondence.
Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.
This is being done to make grounds for medical bail, the ED told the court
The move came hours after Justice Khanna had told Singhvi that Kejriwal's petition against his arrest would be heard by a three-judge bench during the day.
Statements of five 'Angadiya' firm operators have also been recorded by the ED to establish the "money trail" of this alleged Rs 45 crore bribe amount.
Delhi Chief Minister Arvind Kejriwal has issued directions from the Enforcement Directorate custody to ensure that medicines and tests are available to people at all government hospitals and Mohalla Clinics, Health Minister Saurabh Bharadwaj said on Tuesday.
The Enforcement Directorate (ED) on Wednesday told the Delhi high court that Chief Minister Arvind Kejriwal, arrested in a money laundering case linked with the alleged excise scam, cannot claim "immunity" from arrest on the ground of upcoming elections as law is applied equally to him and an aam aadmi.
With Air India's Gulf monopoly under threat and likely to end very soon if the civil aviation ministry has its way, the state-owned airline is now pitching aggressively for direct flights to the US and Australia to make up for the loss.
With the government clearing the decks for direct listing at the Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC), issuers will wait for the ecosystem to develop further before firming up their listing plans. In the meantime, most companies may continue to prefer listing in the onshore market, even as the new avenue provides key benefits such as tax waivers and reduced foreign exchange risk. Sources said that a few key things need to be ironed out further.
The ED had arrested Kejriwal on March 21, hours after the high court refused to grant him protection from coercive action by the federal anti-money laundering agency.
If you're a beginner eager to embark on wealth-building journey in the real estate sector, Karan Shetty shares this comprehensive guide on how to get started.
Delhi Chief Minister Arvind Kejriwal, arrested in the Delhi liquor policy case, on Thursday alleged that the 'actual' excise scam started after the Enforcement Directorate (ED) probe and not when the policy was made and that the agency's 'two main motives' were to crush his Aam Aadmi Party and to declare it corrupt.
Special Judge M K Nagpal extended Sisodia's custody after the former Delhi deputy chief minister was produced before the court on expiry of his judicial custody.
The world's largest India Day Parade outside India kicked off on Sunday afternoon in New York City, with the celebration witnessing huge floats and marching groups comprising members of the Indian-American community.
In an effort to attract investors to the Social Stock Exchange (SSE), the bourses have reached out to the Securities and Exchange Board of India (Sebi) and the government with the industry's demand for additional benefits on contributions made towards social enterprises through the platform. SSE is a regulated platform to facilitate organisations working towards social causes to raise funds and have access to higher capital through the bourses. The platform is aimed at becoming a meeting ground for donors and social enterprises.
This has affected all political activity of the party, Maken said at a press conference.
The Union home ministry has cancelled the Foreign Contribution Regulation Act (FCRA) registration of the Centre for Policy Research (CPR) for alleged violation of laws, a move the public think-tank termed "incomprehensible and disproportionate" and vowed to seek legal recourse against.
Sue Redfern is poised to make history as the inaugural ICC-appointed female neutral umpire
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
The ICC on Tuesday moved next year's men's U-19 World Cup from Sri Lanka to South Africa, 11 days after the world governing body provisionally suspended the island nation's cricket board due to government interference.
'This is the biggest crisis Kejriwal is facing in his life.' 'If he is able to come out of this, then he will have a great future.'
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Foreign banks and private credit funds are queuing up to fund acquisitions by Indian companies who are buying out their local rivals. The Adani Group, Torrent Group, and the Hindujas have approached several foreign banks and private equity (PE) firms to fund their acquisitions. Global investors have about $2 trillion of funds to invest, and about $100 to $150 billion is set aside for India, according to an estimate by JP Morgan.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
A member of the audience participates as Sumo wrestlers perform during the Nissan Konnichiwa Japan 2022 event in New Delhi.
