Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.
The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.
Bollywood stars attended Prime Minister Narendra D Modi and his ministry's swearing-in ceremony at Rashtrapati Bhavan on Sunday, June 9, 2024. evening.
Smartphone supplies in India grew by 6 per cent to 4.6 crore in the July-September quarter with Vivo leading the chart and iQoo clocking the highest growth rate among top 10 brands, a report by market research firm IDC said on Wednesday. The market was dominated by Chinese players, with leading brands cornering around 72 per cent market share during the quarter. "The Indian smartphone market grew for the fifth consecutive quarter.
Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.
The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.
The India captain reached the landmark of 8000 runs in his 175th innings to go past South African captain A B de Villiers, who had taken 182 innings to reach to the milestone.
rediffGURU Chandrakant Lahariya tells you how to lower your blood sugar levels and manage your diabetes.
Competition in the fast-growing quick commerce sector is heating up as Swiggy Instamart faces a tough challenge in narrowing the gap with Blinkit, which currently dominates the market. In the second quarter (Q2) of 2024-25 (FY25), Instamart's gross order value (GOV) rose by 42.1 per cent quarter-on-quarter (Q-o-Q) and 75.5 per cent year-on-year (Y-o-Y), reaching Rs 3,382 crore.
The Pakistan captain is keen to carry on playing for another two years.
According to police, a first information report (FIR) was registered under Sections 384 (punishment for extortion) and 120B (criminal conspiracy) read with 34 (acts done by several persons in furtherance of common intention) against Union minister Nirmala Sitharaman, Enforcement Directorate officials, office-bearers of the Bharatiya Janata Party at state and national level, based on the order of a special court.
'If standard protocols are meticulously followed and hospital facilities remain on high alert, direct COVID-19 deaths should be kept to less than 7,500-8,000 in the present pandemic'
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.
The highest single-day spike in Delhi till date -- 8,593 cases -- was reported on November 11 in 2020, while on November 19, the city had recorded 131 COVID-19 deaths, the highest single-day fatality count till date.
The ordinance will be tabled in the next session of the legislature, it said, adding that 27 posts were approved for the commission.
'Focus will be on smaller loan amounts to meet the needs of affordable homebuyers.'
Kohli will be a key to RCB's success: Andy Flower
In view of the possible traffic snarls, as faithful throng roads in large numbers to witness the immersion processions, the city police will create a 'green corridor' for seamless movement of vehicles and connectivity between eastern and western suburbs, he said.
'The league will begin as a city-based franchise setup, starting with six cities.'
The former England batter had undergone extensive chemotherapy for the same in 2002. But in May, the 83-year-old learnt his cancer had returned.
The Surat diamond industry is likely to face a loss of around Rs 8,000 crores in next two months as Hong Kong, which is a major export destination, has declared a state of emergency due to the coronavirus outbreak in China, say experts. Hong Kong is a major business hub for the Surat diamond industry, but schools and colleges have been closed there till the first week of March and even businesses are seeing a dip in view of the outbreak of the novel coronavirus.
'When it is unpaid, sometimes, they don't take you seriously.' 'Work is not reviewed, and there is no effort in making interns learn.'
Virat Kohli scripts history, becomes first player to complete 8000 runs in IPL
Nakizumo is an annual contest to make babies cry at the Sensoji temple in Tokyo. Two amateur sumo wrestlers hold a baby each and a referee makes faces and loud noises to make them cry.
'All competitors are sourcing within the country, so we'll be at the same level of competition.'
Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.
The losses of state electricity boards have come down by a massive Rs 8,000 crore (Rs 80 billion) in 2003-04, thanks to the Centre's incentive-based initiative through accelerated power development and reform programme (APDRP).
"There is a need for a name change. What did Ravenshaw, after whom the university is named, do during the famine," the minister had asked,
'Slogans like 'Ek hai toh safe hai' and 'Batenge toh katenge' resonated with voters.'
The action was taken under Section 69A of the Act that empowers the government to block any information generated, transmitted, received, stored or hosted in any computer resource in the interest of sovereignty and integrity of India, defence of India, security of the state, friendly relations with foreign states or public order or for preventing incitement to the commission of any cognisable offence.
Godrej Properties (GPL) reported strong pre-sales of Rs 22,500 crore in FY24, up 84 per cent year-on-year (Y-o-Y). The performance was led by new launches, which increased 65 per cent to Rs 23,000 crore in FY24, and contributed 70 per cent to total pre-sales. The sales volume increased 31 per cent Y-o-Y to 20 million square feet (msf), while realisation rose 40 per cent Y-o-Y, driven by contribution from high-realisation markets of National Capital Region (NCR) Delhi and Metropolitan Mumbai Region (MMR) and positioning in the premium segment.
The government on Monday approved Rs 8,000 crore (Rs 80 billion) in cash subsidy to state-owned fuel retailers to make up for half of the revenues they lost on selling diesel, domestic LPG and kerosene below cost in the third quarter.
Dashing opener Virender Sehwag became the fifth Indian batsman to complete 8000 runs in Test cricket when he reached an individual score of 20 against Australia in the first Test.
Accenture's Chairman and CEO William D Green said the company plans to add 8,000 people by August 31 this year.
The company, currently, has a headcount of more than 4,500 people in India.
Uttar Pradesh Chief Minister Akhilesh Yadav Monday gave laptops free of cost to over 8,000 students of Gautambuddh Nagar and Ghaziabad districts.
The IT giant has reported a decline in headcount for six consecutive quarters.
Singh has served as the chief sports officer of the CRPF and won a silver medal at the 1986 Seoul Asian Games in the 200-metre butterfly event, which was India's first medal in swimming at the tournament since its 1951 edition.
The 36-year-old is signed as a replacement for South African Wiaan Mulder, who is expected to travel to the West Indies with the Proteas in August.
