Royal Enfield is planning to introduce its electric bike initially in developed markets such as Europe and the US where it anticipates better traction for the premium product, a top company executive said on Tuesday. Royal Enfield, a division of Eicher Motors, forayed into electric bike space on Monday with the unveiling of its first model under the all-new Flying Flea brand.
IT services major HCL Technologies (HCLTech) on Monday reported a 10.51 per cent increase in consolidated net profit to Rs 4,235 crore in July-September quarter of FY25, as the company raised the lower band of its growth guidance on the back of better-than-expected performance. The Noida-headquartered firm had posted a net profit of Rs 3,832 crore in the year-ago period. HCLTech increased the lower band of its revenue growth guidance to 3.5-5 per cent year-on-year in constant currency, against a guidance of 3-5 per cent in the first quarter.
All eyes will be on star India batter Virat Kohli, who is perhaps battling the biggest form crisis of his career.
Cummins is one of cricket's most recognised players as a top performer in all three formats (test, one day and T20) who led Australia to the test and one-day world championships last year.
Commencing final arguments on a batch of pleas against the verdict, the bench, heard senior lawyers including Abhishek Manu Singhvi, Salman Khursheed and Menaka Guruswamy for the petitioners.
Snapping the two months slide, the country's merchandise exports rose marginally by 0.5 per cent to $34.58 billion in September while trade deficit narrowed to $20.78 billion. According to official data released on Wednesday, imports increased by 1.6 per cent to $55.36 billion in September compared to $54.49 billion in the year-ago period. The trade deficit, or the gap between imports and exports, was $20.8 billion during the same month last year.
Large Indian IT services companies are expected to report "muted" sequential show in a traditionally strong second quarter, as macroeconomic challenges continue to weigh on global discretionary spending, say market watchers. The big earnings week for tech heavyweights is up ahead, with Tata Consultancy Services (TCS) scheduled to announce its results on October 11, and both Infosys and HCL Technologies on October 12. Wipro is slated to declare its Q2FY24 results next week, on October 18.
England's saviour with the bat after a top-order collapse, pacer Stuart Broad says he managed his rescue act by counter-attacking the rampaging Indian bowlers on the opening day of the ongoing second Test in Nottingham.
'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'
IndusInd Bank was the top loser in the Sensex pack, shedding around 5 per cent, followed by Kotak Bank, HUL, Titan, Bajaj Finserv and HDFC. NSE Nifty plunged 263.20 points to 16,985.20.
Observing secularism means to 'live and let live', the Supreme Court on Tuesday said regulating madrasas was in the national interest as several hundred years of the nation's composite culture could not be wished away by creating silos for minorities.
UPA presidential nominee Pranab Mukherjee on said a large number of non-UPA parties have extended support to him and this reflects a broad consensus on his candidature for the top Constitutional post.
Neeraj Chopra's broad shoulders will carry a weight of massive expectations
Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper. The paper titled 'Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj' said between 2014-15 and 2022-23, the rise of top-end inequality has been particularly pronounced in terms of wealth concentration.
India's steel market is out of step with global trends. Global demand is weak with China at a huge supply surplus to its domestic demand, pushing down global steel prices. India's domestic demand for steel is strong, given the continuing infrastructure push and is likely to accelerate as urbanisation improves, and the auto sector continues to grow alongside the infrastructure push.
Graeme Swann and Stuart Broad ripped through South Africa's top order to put England on the brink of victory on the fourth day of the second Test on Tuesday.
Those whose names were mentioned during Prime Minister Narendra Modi's Mann ki Baat radio broadcast, swacchagrahi or foot soldiers who have played a key role in cleanliness drives and women sarpanches (village heads) are also part of the list shared by the Union ministry of home affairs to be invited for the function.
A venomous spell of fast bowling from Stuart Broad led England to an emphatic seven- wicket win over South Africa in the third on Saturday to clinch the series. Broad's brilliant return of 6-17 on a lively wicket skittled the Proteas for 83 in their second innings on the third day. England reached their modest victory-target of 74 with relative ease as captain Alastair Cook (43) top-scored in guiding them to 77 for three from 22,4 overs under gloomy skies. The tourists now have an unassailable 2-0 lead in the four-match series, with the final game to be played in Pretoria. South Africa bowled out England for 323 in the morning session for a slender first-innings deficit of 10 runs, but were no match for the bounce and movement of a rampant Broad as they crumbled to their second lowest score since returning to international cricket in 1991.
James became a leading voice in support of the Black Lives Matter movement following the murder of George Floyd in 2020.
The Nottinghamshire pace bowler doesn't want to look too far ahead, but next year's Ashes series is definitely on his radar.
The listed information technology (IT) subsidiaries of engineering giant Larsen & Toubro (L&T), LTIMindtree (LTIM) and L&T Technology Services, have seen sharp upmoves over the past fortnight, with returns ranging from 14 to 18 per cent. Both have outperformed the peer index, the National Stock Exchange Nifty IT, which has gained about 8 per cent, while the benchmark Nifty 50 is up 4 per cent during this period.
Former United States President Donald Trump on Wednesday is cruising towards winning the race for the White House in one of the greatest political comebacks in American history by almost defeating his Democratic rival Kamala Harris in an election that virtually divided the country into two camps.
Defence Minister Rajnath Singh on Thursday called upon the top military brass to analyse the conflicts in Ukraine and Gaza as well as the current situation in Bangladesh to "predict" any future problems and stay prepared to deal with the "unexpected".
On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).
Yuvraj Singh took the T20 World Cup trophy into top gear at the Miami Grand Prix circuit.
Over 24,000 people have registered for the 'Modi & US Progress Together' event in Uniondale, New York.
The Securities and Exchange Board of India (Sebi) has proposed stricter eligibility criteria for adding and retaining stocks in the futures and options (F&O) segment, which accounts for the bulk of the trading volumes. The proposal-which comes six years after the securities regulator last revised the stock selection framework---is much awaited by the market players as the derivatives stock list has largely remained stagnant for the last two years.
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
Opener Dean Elgar provided stubborn resistance as South Africa finished the second day of the first Test on 137 for four in reply to England's 303 at Kingsmead on Sunday.
Sitaram Yechury strived to have the country's Left movement shed its doctrinaire approach to India's socio-cultural complexities and stitch electoral and social alliances to fight the Sangh Parivar.
New initiatives to boost cooperation to ensure stability in the Indo-Pacific, ways to find peaceful solutions to the conflicts in Ukraine and Gaza and addressing concerns of the global South will be the focus of Prime Minister Narendra Modi's three-day visit to the US beginning Saturday.
Refusing to succumb to the lure of the cash-awash Indian Premier League (IPL), England pace duo of Stuart Broad and James Anderson on Monday opted out of the Twenty20 extravaganza, saying they want to keep themselves in prime condition for national duty. Broad said, through his management agency, that he would love to play in the IPL at some point of time but as of now international cricket topped his priority list.
The apex court rejected the preliminary objection raised by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) that Aam Aadmi Party leader Manish Sisodia cannot be permitted to file second set of special leave petitions to challenge the Delhi high court's May 21 verdict which denied him bail in the excise policy cases.
England's Stuart Broad and Graeme Swann were the scourge of Pakistan as they bagged six wickets to reduce the hosts to 256 for 7 on the first day of the second Test in Abu Dhabi on Wednesday.
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.
James Anderson and Stuart Broad each took three wickets to leave India in trouble on 323 for eight, 246 runs adrift of England, after the third day of the third Test on Tuesday.
The revamped Champions League will feature a tennis-style seeding system for the last-16 knockout phase, UEFA said.
A sojourn in Seoul, one of Asia's largest metropolises, where the ultra-modern coexists with the ancient -- temples and palaces with futuristic skyscrapers climbing to the stratosphere, K-pop with Buddhism, a village within city limits.
Senior-most Supreme Court judge Sanjiv Khanna on Wednesday recused himself from considering pleas seeking review of the apex court's judgment last year declining legal recognition to same-sex marriage, sources said.
According to the cause list of July 10 uploaded on the apex court website, a five-judge bench headed by Chief Justice DY Chandrachud would consider in chambers the pleas seeking review of the October 17 last year verdict.
