'Any earnings, regardless of location, will be subject to Indian income tax.'
The index touched a high of 17,015 - up 389 points from the day's low. The Sensex finally ended with a gain of 225 points at 16,978. The market breadth was marginally positive - out of 2,750 stocks traded, 1,425 advanced, 1,239 declined and 86 were unchanged on Wednesday.
Bandi Sanjay Kumar, who took oath as minister in the Narendra Modi cabinet on Sunday, weathered political storms and intra-party bickering before he could successfully establish himself as a firebrand BJP leader in Telangana.
Japan's Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Softbank invested about $1.5 billion in One97 Communications -- the owner of Paytm brand -- in tranches in 2017. "Softbank has exited Paytm at a loss of 10-12 per cent.
While speaking at the post-match presentation, Kuldeep said he was "happy" at the win and added that the team knew it was going to be "tight" when the match went to the last over.
He cautioned the party workers and emphasised the importance of management to ensure electors reach polling booths and cast their votes.
Imports, too, jumped by 32.2 per cent year-on-year to $29.67 billion in August, according to the government data released in New Delhi on Friday.
The transaction is expected to close during the third quarter of 2010.
From the Sensex pack, Tata Motors slumped over 7 per cent. Adani Ports, Tata Steel, SBI, Power Grid, JSW Steel and Maruti were the other big laggards. However, Hindustan Unilever and Nestle ended in positive territory.
Ishan Kishan made a smashing return to domestic red-ball cricket, scoring a century for Jharkhand against Madhya Pradesh on Day 2 of the Buchi Babu tournament.
Sooraj R Barjatya was judged Best Director for the Hindi movie Uunchai at the National Film Awards.
Sri Lanka ended Zimbabwe's day-long resistance seven overs from the end of play to grab victory by 225 runs on the final day of the first Test at the Harare Sports Club on Wednesday. Zimbabwe were bowled for 186 runs in their second innings within sight of what would have been a morale boosting draw. Sri Lanka's Dilruwan Perera and stand-in skipper Rangana Herath took three wickets each with Perera bowling out tailender Chris Mpofu in the 91st over of Zimbabwe's second innings to clinch victory despite a gallant knock by captain Graeme Cremer, who followed up a first innings century with a stubborn 43.
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
Unlike AI uses for consumers, the next generation technology for enterprises will unfold over several years and the biggest challenge is to unleash AI for next wave of productivity for businesses, Infosys chairman Nandan M Nilekani said on Wednesday. While speaking at 43rd annual general meeting (AGM) of Infosys, Nilekani said the initial AI doomerism has quietened down and people have accepted that, like any other general-purpose technology -- electricity, nuclear energy, the internet etc, gen AI (generative artificial intelligence) has enormous potential for good when advanced within the guardrails of responsibility.
After making the model work in metro cities, players in the quick commerce sector are rapidly expanding their footprint into smaller tier 2 cities and markets beyond that ahead of the festival season.
Cement manufacturers have hiked prices after a challenging Q1FY25, and Q2FY25 (so far) when general elections and seasonal factors cut down on construction activity. The August prices are currently around 3-6 per cent above July 2024 but may not be sustainable in the face of weak demand. H2FY25 may see realisation growth which, if it happens, would drive average operating profit/tonne improvements in H2FY25 over a muted H1FY25.
If the wars continue, they are on track to require at least another $450 billion in Pentagon spending by 2020.
IMAGES from the first Test, Day 1 between India and Bangladesh played at the Chepauk in Chennai on Thursday
The BJP leads with 23 percent of its 90 Rajya Sabha members having declared criminal cases against themselves.
HP, which regained the number one position from Lenovo in the December quarter, enjoyed 22.5 per cent share in the India's overall PC sales in the first quarter of this year, according to the latest data released by market intelligence and research firm IDC.
The Orissa government has approved four projects in the steel and power sector involving investment worth Rs 7,225 crore.
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.
Since the last nine years, gold investors have made money each year, while gains in silver have been consistent only in the last five years.
As 2023 comes to a close and 2024 begins, Shah Rukh Khan adds yet another milestone to his name.
Exports grew by 22.5 per cent to $16.64 billion in August compared to the same period last fiscal, a senior Commerce Ministry official said on Wednesday.
Selling gathered momentum as gold dropped in global markets before a report that may show US employers added more jobs last month, reducing the appeal of bullion as a haven, traders said.
Kapil is known to be a keen golfer, whose handicap was almost down to scratch at one time.
Make minimum payments on all debts, then use extra funds to tackle the smallest debt first.
The reservation would include a 10 per cent horizontal quota for Agniveers in the posts of constable, mining guard, forest guard, jail warden, and special police officers.
Unincorporated enterprises in the manufacturing sector lost nearly 1.8 million establishments and shed 5.4 million jobs between July 2015-June 2016 and October 2022-September 2023, an analysis of the fact sheet on 'Annual Survey of Unincorporated Sector Enterprises (ASUSE)' and the comparable 73rd round survey in 2015-16 by the National Statistical Office (NSO) showed. An estimated 17.82 million unincorporated enterprises operated in the manufacturing sector in October 2022-September 2023, nearly 9.3 per cent down from 19.7 million unincorporated enterprises in July 2015- June 2016.
Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in the core income slowed for the country's second largest private sector lender, but the treasury operations helped it report a 14.62 per cent rise in its post-tax profit at Rs 11,059 crore on a standalone basis. The core net interest income (NII) growth came at a multi quarter low of 7.3 per cent to Rs 19,553 crore for the reporting quarter.
The new round values the company at $2.5 billion, more than double the over $1 billion valuation Dream 11 enjoyed in April 2019 when it was declared the country's first gaming unicorn.
Apollo Hospitals Enterprise (APH) delivered an in-line performance for the April-June quarter of the financial year 2024-2025 (Q1FY25)with growth in the number of patients. AHLL (Apollo Health & Lifestyle), a subsidiary, posted sales growth and profitability. APH also reduced operational costs at Healthco.
Defending champions Mumbai got their Ranji Trophy campaign back on track with an emphatic nine-wicket win over Maharashtra in their second group A league game in Mumbai on Monday, offsetting the heavy loss to Baroda in the opening game.
A United States court has sentenced an Indian-American couple to prison for coercing their relative to work at their gas station and convenience store for over three years by bringing him to the United States on the pretext of helping enrol him in a school.
Traders said besides increased offtake by jewellers, both precious metals improved on some buying by investors who shifted their money from easing equities to the bullion.
In the Sensex pack, NTPC, Tata Steel, SBI and IndusInd Bank were among the major laggards. In contrast, Wipro, HCL Tech, Mahindra & Mahindra and Nestle were among the nine stocks that defied the trend.
Jet Airways, the country's largest private air-carrier, has posted a net loss of Rs 225.3 crore in the first quarter, compared to a profit of Rs 143.4 crore during the same period last year, following a drop in domestic load and lower yields.
