At Prestige Polygon Towers in Chennai's Teynampet, hectic preparations are on for a mega global investors' meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024. Asked about the key focus areas of the meet, the agency's managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility. This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create over 43,000 job opportunities.
'When you are in new waters, you have to follow the rules of that water.'
Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.
Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.
'...Shyam had not given me the roles he did.'
Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical. However, recent deals in the Asia-Pacific (APAC), higher mix of original equipment makers (OEMs) and partnership with Qualcomm will improve growth. FY25 is the third successive financial year of revenue growth deceleration and second successive financial year of profit deceleration.
IndiGo on Wednesday said it was exploring an earlier introduction of wide-body planes in its fleet to meet the growing demand for international travel. Industry sources said the airline was in talks with Norse Atlantic Airways to wet-lease six B787 planes in its fleet.
Varun flying around in over-the-top stunts, showing off his dance moves, taking his shirt off and throwing dialogues in masala hero style. A padded-up star vehicle churned out for the nth time, sighs Mayur Sanap.
Retired tennis great Andy Murray has agreed to join Novak Djokovic's team and will coach him at the Australian Open next year, the Serbian 24-times Grand Slam champion said on Saturday.
President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.
'I eagerly await the day when we can experience a truly great Bollywood movie rooted in pure historical facts, one that authentically showcases the essence of our armed forces for Indian audiences,' notes Air Commodore Nitin Sathe (retd).
'It is for the first time that a film of mine will be released in theatres and Indian audiences will finally be able to buy tickets and experience it on a big screen, where cinema truly comes to life.'
Radhika Apte chose the UK premiere of her fascinating new film Sister Midnight to announce her pregnancy.
Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth.
India's Navy has commissioned its new Russian-made guided missile frigate, INS Tushil, in the Russian coastal city of Kaliningrad. The ship, part of a $2.5 billion deal for four stealth frigates, is expected to significantly enhance the Indian Navy's capabilities in the Indian Ocean. The commissioning ceremony was attended by Defence Minister Rajnath Singh, Chief of Naval Staff Admiral Dinesh K Tripathi, and other senior Indian officials. Singh described the commissioning as a testament to India's growing maritime strength and a milestone in its long-standing ties with Russia. The INS Tushil, an upgraded Krivak III class frigate of Project 1135.6, boasts advanced stealth features and stability characteristics, and incorporates 26% indigenous content thanks to collaboration with Indian naval specialists and Severnoye Design Bureau.
A Mumbai court has extended the police remand of the boyfriend of an Air India pilot, who allegedly committed suicide, until December 2. The police are seeking to retrieve deleted WhatsApp chats between the two from the boyfriend's mobile phone, believing the chats could contain crucial information about the pilot's death. The boyfriend, Aditya Pandit, was arrested and charged with abetment of suicide after the pilot, Srishti Tuli, was found dead in her apartment on Monday.
Steel maker JSW Steel's Q3 results, announced on January 24, 2025, after market hours, failed to meet Street expectations. The company reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24.
Hazlewood's inclusion is the only change to the home side who will look to take a 2-1 lead in the five-Test series.
Shami's playing kit and Australian visa are believed to be ready and he was supposed to fly at the earliest but after Rohit's post-match comments, fresh doubts have been cast whether he will go to Australia.
Everything you need to know about Coldplay's concert at Navi Mumbai's DY Patil Stadium on January 18, 19 and 21.
'It all feels surreal, but seeing the happiness in my parents' eyes fills me with gratitude.'
Though Zanjeer is credited as Amitabh's breakthrough film, it didn't immediately enthrone him. Rajesh Khanna countered with a huge hit in Daag that year. But Deewar upended audience's cinematic taste and filmland hierarchies at the very start of 1975. Bachchan emerged as a one man industry, the angry young man who could regulate the thermostat of the entire film industry, recalls Dinesh Raheja.
Shahana Goswami's Santosh has been shortlisted for the best foreign film Oscars.
'Failure teach you far more than your successes do you.' 'Like they say, success has many fathers and failure is a bastard.'
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore shares (13.50 per cent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.
'Unfortunately, we live in a 'Mainstream Bollywood' bubble, where we cannot look beyond films that we ourselves find entertaining.'
'I don't think Waheeda had the confidence that I could pull it off, so she said no.'
'Joined fellow NDA MPs at a screening of The Sabarmati Report. I commend the makers of the film for their effort.'
'When I started to step into the West in 2006, I believed India was not going to be the back end.' 'I understood that no film-maker wants to believe that they are outsourcing their creativity to a low-end place.' 'The application of technology in the hands of our Indian artistes is identical to any of our artists in the West.' 'Nobody in the world can say this shot was done in India and that in London.'
All the action from Day 4 at the Australian Open on Wednesday
Despite being predictable, Sudhir Mishra's Tanaav Season 2 show is a good watch and doesn't lose its steam, says Namrata Thakker.
From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.
Pushpa 2 is a badly misjudged, doubtful sequel that can't capitalise on the wealth of the story world set up in the first film, observes Arjun Menon.
Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal since the US bribery indictment. In a statement, Adani Enterprises Ltd -- which held 43.94 per cent stake in Fortune brand cooking oil, wheat flour and other food product maker Adani Wilmar Ltd -- said it will sell 31.06 per cent stake to Wilmar International. About 13 per cent will be sold in the open market to meet minimum public shareholding requirements.
Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. However, price hikes will help push up revenues, said brokerages.For India's largest engineering firm, Larsen and Toubro (L&T), the analysts expect a 20 per cent growth in consolidated revenue, and an 8.1 per cent core business Ebitda margin, up 40 bps from a year ago.
The 18-year-old Gukesh's triumph was celebrated far and wide across the country with the PM joining the sports fraternity and others in lauding his incredible achievement.
Amit Trivedi's score gives Azaad the feel of a sprawling epic that will hopefully be worth the wait, notes Mayur Sanap.
Freedom At Midnight is a bold attempt to revisit the whole discourse about Partition, its causes, and the predicament under which the Congress leaders accepted it. It perfectly captures the extremely confused and complicated situation to which it seemed the only viable solution, observes Utkarsh Mishra.
What makes Pushpa 2 float is Allu Arjun's magnetic performance. The actor really goes an extra mile to deliver the wildfire he promised, observes Mayur Sanap.
Several Muslim families in Jaunpur, Uttar Pradesh, have adopted Hindu surnames such as Dubey, Pandey, and Tiwari, claiming their ancestors were Brahmins. This follows a campaign by the Vishal Bharat Sansthan, which aims to "reconnect people with their roots" and reduce religious conflict. The campaign has sparked controversy, with some accusing families of converting their religion. The local police are investigating the situation and have deployed extra personnel in the area as a preventive measure.
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