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).
It is not just Nestle India which has violated the regulatory and manufacturing standards leading to recall of its products.
Manchester City's bid to chop Arsenal's Premier League lead to two points was scuppered as Harry Kane's record-breaking goal earned Tottenham Hotspur a 1-0 win.
A summary of sports events and persons who made news on Saturday
India's women archers won a team bronze in the recurve section to take their medal's tally to three at the World Cup Stage 2 in Gwangju, South Korea, on Thursday.
Replacing refined sugar with dates, honey, stevia can help you stay healthy.
The Indian trio of Sarvesh Pareek, Sandeep Kumar and Isaiah Rajender Sanam, who were seeded sixth, beat a higher ranked Venezuela 231-222 in a one-sided bronze playoff.
Glimpses of rare snowfall in Jerusalem, Israel, and Athens, Greece.
In December 2020, as economists debated the shape the global economic recovery might take - Z, V, U, W or L - JP Morgan came up with the concept of the K-shaped curve. The investment bank used the shape of the letter K to illustrate the growing difference between large and small businesses in the United States. Since then, as the Covid-19 pandemic exacerbated the gap between the rich and poor, the term has gained a larger connotation to embody the characteristics of development across economies.
A desolate seminary attached to a mosque in south Bihar district of Banka was shattered by a huge explosion on Tuesday, though there were no casualties, police said.
World Championship triple silver medallist Jyothi Surekha Vennam overcame the mighty Korean challenge twice, including in a gripping but controversial final, to win the women's compound individual gold at the Asian Archery Championships in Dhaka on Thursday.
You can build your own retirement savings portfolio by investing in equity, hybrid and/or debt funds. Alternatively, you can also invest in retirement funds which provide asset allocation solutions for different investment needs and risk appetites, says Dwaipayan Bose
The strike by a Hellfire missile in Kabul on August 29, which was launched in an effort to kill ISIS-K planners, instead killed 10 civilians, he said.
In their preliminary findings presented to the Andhra Pradesh government, the experts noted that it was a point source epidemic and a likely case of acute intoxication of toxins, but not chronic.
'Indian macro conditions have never been better, and many businesses will safely compound earnings over the next five years.'
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To focus on molecules at advanced stage of development; move to impact 200 scientists.
Two Adani group companies -- Adani Enterprises and Adani Transmission -- have uprooted the traditional leader Reliance Industries in annual wealth creation in 2022 so far, while the top 100 of them created a massive Rs 92.2 lakh crore of wealth, according to a report. However, Reliance Industries has smashed all records to emerge as the largest wealth creator during the five-year period ending March 2022, says the leading brokerage Motilal Oswal in its 27th annual wealth creation study. The Gautam Adani group companies have been rallying to dizzying heights in the year as the group snapped up many assets and diversified into newer areas.
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
The Punjab Police has already invoked the stringent National Security Act (NSA) against the Khalistan sympathiser.
The Reserve Bank of India's (RBI) new rules for credit and debit cards came into effect from October 1. These include tokenisation, one-time password (OTP) for activation after 30 days, written permission for enhancement of credit limit, and greater clarity on interest calculation.
The Dutchman won a maiden Formula One title after a last-lap overtake on Mercedes rival Lewis Hamilton in Abu Dhabi.
Consuming whole grains can reduce the risk of heart disease by up to 30 percent.
The Indian markswoman started off well and went on to finish with 560 points, which was enough to earn her place in the final.
Rajat Chouhan and Manjudha Soy lost out by one point in the compound mixed team final to earn India a silver medal in the Archery World Cup Stage II at Antalya, Turkey on Saturday.
'Maybe the State wants to be watching people all the time. But when they are watching, others too may be watching!' 'The State is becoming more and more secretive while throwing people to the wolves.'
India would not be seen to be anything but rude with the Pakistanis. In the big picture, who is the bigger adversary right now? Who is the bigger pain in the neck? And who is it that is keeping more than 3,000 km of our borders active, throwing our military posture and deployments into imbalance? asks Shekhar Gupta.
Given the economic trends, it might make sense to allocate some savings to gold.
With around 33 deals valued at USD 647.5 million, India has the highest investment in the fintech segment compared to China's USD 284.9 million during the quarter ended June 30, 2020, the report released by RBSA Advisors said.
While commercial vehicles are expected to benefit from strong replacement demand, the two-wheeler and tractor segments are expected to gain from a recovery in the rural economy.
Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures. Taking the markets by surprise, US Fed chair Jerome Powell had told the annual Jackson Hole summit of central bankers and economists last week that he would have to keep raising federal fund rates to tame inflation, which remains the biggest challenge to the world's largest economy. He also warned of the pains that such monetary policy actions would create on growth and jobs.
Rakesh Kumar continued his impressive run of form to storm into the pre-quarter-finals even as teammate Shyam Sundar Swami made a second-round exit as Indian compound archers had a mixed day at the Paralympic Games, in Tokyo, on Saturday.
'We don't know if the water we are drinking has lead in it or not.' 'In India, we don't have ways to easily detect or measure contamination levels.'
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
Tata Consultancy Services (TCS) is India's most-valuable brand in 2022 replacing HDFC Bank, which held the number one spot since 2014, according to Kantar BrandZ report on India's most-valuable brands. TCS was able to grab the top slot due to rising global demand for automation and digital transformation, following the pandemic. Indian brands have bounced back from the pandemic to increase their brand value by 35 per cent compound annual growth rate (CAGR) since 2020.
Project Vivaan won big at the Solar Decathlon, placing second overall (and missing the first position by a whisker). Members of the award-winning Team Shunya tell Mrigank Warrier how they built a carbon-neutral, water-neutral, energy-positive home for a family of four.
It is the season of cooking and baking, but with Amul Butter in short supply, consumers aren't like the cat that got the cream. A shortage only means market shelves without butter on them. "There is a supply-side deficit. "We are now able to procure only two packs of butter a day, as opposed to three packs (each containing 30 packets of butter) in a day," says a salesman at Modern Bazaar, a departmental store in New Delhi's Greater Kailash.
Hideki Matsuyama overcame a potentially ruinous moment to become the first Japanese man to win a major championship with a one-shot Masters victory over Will Zalatoris at Augusta National on Sunday.
A round-up of Tuesday's action in the UEFA Champions League.
However, rural demand continued to remain a concern for FMCG companies during the quarter.
Royal Challengers Bangalore will be aiming to halt the Jos Buttler juggernaut when they take on Rajasthan Royals in the Indian Premier League match at the MCA Stadium in Pune on Tuesday.
