Adani Green Energy entered the list of top-10 most valued companies in terms of market capitalisation (m-cap) in the country on Monday after its stock price zoomed 16.3 per cent to hit a new high of Rs 2,701.6 on the BSE. Adani Green Energy's m-cap now stands at Rs 4.22 trillion, surpassing Bharti Airtel, which has an m-cap of Rs 4.16 trillion. With today's rally, the stock has zoomed about 25 per cent in the last two trading days after UAE's International Holding Company (IHC) agreed to invest Rs 3,850 crore in Adani Green Energy through preferential issue.
Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.
Images from Day 1 of the first Test between India and Australia, at the VCA Stadium in Nagpur, on Thursday.
Fuelled by rising passenger traffic and reviving local economies, the global airline industry is projected to record a net profit of $9.8 billion this year, IATA Director General Willie Walsh said on Monday and also made a strong pitch for having global standards for a Sustainable Aviation Fuel (SAF) book and claim system to help reduce carbon emissions. While addressing the Annual General Meeting of the International Air Transport Association (IATA) here, Walsh also flagged concerns about supply chain issues that are raising costs as well as limiting the ability of airlines to deploy aircraft. He also pointed out that decarbonising aviation is a serious issue and governments must not be allowed to use it to shore up exchequer finances.
The Enforcement Directorate is conducting searches at some places linked to asset manager Franklin Templeton and its former and current executives as part of a money laundering investigation, officials said on Thursday. The federal agency is looking to gather more evidence as part of its investigation against the company and its promoters under the Prevention of Money Laundering Act (PMLA). Office and residential premises in Mumbai and Chennai are being searched, they said.
India's Akhil Sheoran secured the country's fifth Paris Olympics quota in shooting after winning the bronze medal in men's rifle 3-position competition at the ISSF World Championships in Baku on Sunday.
Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
IMAGES from Day 2 of the second Test between India and West Indies at Queen's Park Oval, Port of Spain, on Friday.
Abbott India outperformed the Indian pharmaceutical market (IPM) with a year-on-year (YoY) growth of 23 per cent in February. The domestic market grew at a robust 20 per cent on a low base, primarily led by volume growth and price hikes. Abbott continued to outperform the sector in the anti-diabetic space with a growth of 20 per cent and key brands such as Thyronorm (hypothyroidism), biliary agent Udiliv, insulin Ryzodeg posted robust growth.
In a major technology push, Indian Army has envisioned construction of "permanent defences" along the Line of Actual Control in eastern Ladakh using cutting-edge 3D printing technology, a move that will save time and improve its defence preparedness, sources said on Tuesday.
'We suggest investors with suitable risk appetite to consider allocating 40-50 per cent in large-caps, 25-30 per cent of funds in quality mid and small-caps and the rest in debt and high yield products.'
At a public hearing in New Delhi on Monday, civil society and community members shared accounts of the evictions and anti-encroachment drives.
The very severe cyclonic storm 'Biparjoy' intensified into an 'extremely severe cyclonic storm' and is likely to cross Saurashtra-Kutch and adjoining Pakistan coasts around the afternoon of June 15 as a 'very severe cyclonic storm (VSCS)', the India Meteorological Department said on Sunday.
With raw material prices rising sequentially in Q4 FY23, margins of fast moving electrical goods (FMEG) companies could witness pressure as they refrain from hiking prices and demand remains soft. Transition to a new regulatory regime-fans moved to new BEE standards from January 1-poses additional risk for firms. Business depends on volume trends in summer for key sub-segments, which account for a significant chunk of the sector's overall sales pie.
From the Sensex pack, State Bank of India, Axis Bank, IndusInd Bank, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Maruti Suzuki, Tata Steel and Tata Motors were the major gainers. Power Grid and HDFC Bank were the laggards from the pack.
ISRO's first mission in 2023 and SSLV's sequel saw a strange coincidence--it was launched at 9.18 am, the same time its predecessor lifted off from the Satish Dhawan Space Centre here on August 7, 2022 but could not deliver due to orbit anomaly and flight path deviation.
Areas in the National Capital Region -- Noida and Gurugram -- recorded an AQI of 529 and 478 respectively both in the highly toxic 'severe'.
The 35-year-old security guard who was the prime suspect in the rape and murder of an 18-year-old girl student of a government hostel in south Mumbai, was not officially appointed but was a laundry man who died by suicide after the crime, the police said on Wednesday.
The sheer mayhem created in the very first weekend did the trick.
Sachin scored 34,357 runs across all formats. No batsman to date has breached the 30K mark, let alone come near to breaking Sachin's record.
The Uttarakhand government on Friday decided to waive for six months electricity and water bills of families and individuals affected in the subsidence-hit Joshimath.
According to a tweet by the weather expert, the icy, severe chill would be experienced between January 14 and 19 and is likely to be at its peak from January 16 to 18.
The airport located at Hollongi, around 15 kilometres from the state capital Itanagar, will link the border state with other Indian cities with commercial flights as well as other parts of Arunachal Pradesh through helicopter services.
Tata Steel was the top loser in the Sensex pack, plunging over 8 per cent, followed by SBI, Dr Reddy's, Kotak Bank, Sun Pharma, Bajaj Auto and L&T. NSE Nifty declined 118.35 points or 0.71 per cent to 16,450.50.
'Karnataka's finances are much healthier than the Union government's, which is indebted to nearly twice the extent of the state.'
Tata Motors' 2022-23 (FY23) January-March quarter (fourth quarter, or Q4) results were better than Street estimates, with strong showing across Jaguar Land Rover (JLR), as well as commercial and passenger vehicle businesses in the domestic market. The company posted its highest consolidated top line and operating profit, with growth of 35 per cent and 46.5 per cent, respectively, over the year-ago quarter. While the top line was aided by a 49 per cent growth in the JLR unit, all key segments reported margin expansion.
The avalanche hit the arterial Jawaharlal Nehru Marg, which connects Gangtok to Nathu La at the China border, around 11.30 am, trapping five-six vehicles with around 30 people under the snow, the Army said in a statement.
In UP and Bengal, it is willing to sacrifice its interests to stop the BJP and would work towards ensuring the BJP did not win incremental seats in Odisha and Telangana.
'We are not entirely out of the woods.' 'The broader trajectory remains tentative.' 'However, we may expect some near-term bounce.'
Under the deal, reportedly worth more than $250 million, international matches and the domestic Big Bash League for men and women will be beamed to India "and other territories across Asia" from the 2023-24 season.
Team-wise list of players during WPL auction
The defence ministry on Thursday accorded its approval to procure 30 MQ-9B Predator drones from the US to crank up the surveillance apparatus of the armed forces, especially along the frontier with China, people familiar with the development said.
Historically, March has been a volatile month for Indian equity markets. To begin with, it marks the end of a financial year, wherein there is some compulsive portfolio rebalancing trade by large funds - domestic and foreign. Retail investors, too, prefer to 'cash in' on their gains and losses before the financial year runs out.
Rohit Sharma gave a huge compliment to India's spin-bowling pair of Ravichandran Ashwin and Ravindra Jadeja
Although Info Edge delivered good results in the October-December quarter of the 2022-23 financial year (Q3FY23), the management guidance flagged visible weakness in the IT segment. That seems to have spooked investors who downgraded valuations for a very highly-valued company. The stock dropped by over 9 per cent as the market responded to the guidance and its implications more than the results.
Sri Lankan bowling great Muttiah Muralitharan says the quality and depth in Indian cricket's white ball eco-system is so good that the country has created an unimaginable talent pool in T20 format.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
According to a complaint lodged by the woman's husband, Shakoor Khan broke into their home on Thursday and raped his wife when she was alone.
India would be pressing for a decisive first-innings lead in the contest when play resumes on Friday.
