Reliance Industries (RIL) was the top-performing index stock on Friday (May 26) and closed the day with gains of 2.8 per cent, against a 1 per cent rise in the benchmark S&P BSE Sensex during the day. RIL's performance on the bourses on Friday was, however, an exception, and the stock has struggled to beat the broader market for nearly two years now. The company's share price is currently at the same level as in September 2021, while the benchmark index is up 6 per cent in the period.
Analysts have given a thumbs up to the Reliance Industries (RIL) and Walt Disney Co. (Disney) proposed a joint venture (JV). The stock of the Mukesh Ambani-controlled company gained nearly 1.5 per cent on Thursday to Rs 2,952 levels as compared to the S&P BSE Sensex that traded marginally weak, down 0.2 per cent to 72,172 levels in intra-day trades.
General Pande said, "25-28 buildings (of the Army) have developed minor cracks and the soldiers have been temporarily relocated. If needed they will be permanently relocated to Auli."
The Indian Navy, which regards itself as the 'net security provider' in the Indian Ocean Region, has also stepped up to the plate, with a warship stationed at all times off the Gulf of Aden for counter-piracy tasks. 91 Indian warships have been deployed in the region since 2008, patrolling high risk areas where piracy was rampant.
Murthy also said this is not for the first time that the industry has faced the layoff problem and hence there should not be any extreme anxiety as the industry had dealt the issue and found solutions then.
India captain Virat Kohli feels that chinks in his technique apart from utter desperation to succeed in England led to a disastrous tour of 2014 post which, he not only worked on his mindset but also on his batting.
Encouraging results for the fourth quarter of the 2022-23 financial year (Q4FY23) have led to a big surge in the share price of DLF. The realty major closed FY23 with Rs 15,000 crore (up 107 per cent year-on-year or YoY) of pre-sales, leading to cash generation of Rs 2,500 crore (up 14 per cent YoY) and reduced net debt by Rs 1,960 crore YoY. The launch of The Arbour project in Q4FY23 alone drove sales of Rs 8,000 crore in the quarter.
'Laxmi and I firmly believed that while working, the egoistic word 'Main (I)' never interferes.'
New Zealand captain Kane Williamson on Thursday described his hamstring injury a 'minor' one but admitted that an elbow niggle is affecting his grip.
India's Rishabh Pant has grown a nice little reputation as a batsman who can whack the white ball pretty hard and the 20-year-old reckons he would need only minor adjustments to his technique to excel in Test matches in England.
Soccer fans at the almost alcohol-free World Cup are ready to pay high prices for a beer, a few have tried to smuggle booze into stadiums but most simply accept that drinking is off limits at the first tournament in a Muslim country.
India's top pistol shooter Heena Sidhu is hoping funds sanctioned to her by the government as part of its TOP scheme for her Olympic preparations are released on time. "Going into the Olympics, I hope that the funds meant for my preparation will be released on time so that my training doesn't suffer. There are lot of paperwork, it's a long process normally. OGQ has been doing a lot too," Sidhu said on the sidelines of an event in New Delhi on Thursday. The current world record holder and former world No. 1 secured an Olympic quota for the country in January after she led from start to claim gold medal in women's 10-m air pistol at the last Asia Olympic Qualifiers for Shooting. Asked about her preparation, she said," I am just following the process. This is not the time to make changes in your game. There will be a test event in Rio in April, and I will get an understanding after that if I need to make any minor adjustments or not. The climate in India and Brazil are similar."
If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.
Pujara overcame ball sighting problems and hit a crisp 166 before state-mate Sheldon Jackson sent the India Green bowlers on a leather-hunt with Blue team piling up a mammoth 707 in a virtual 'semi-final' of the Duleep Trophy, in Greater Noida on Monday.
The finance ministry on Friday said advance tax collection increased by 53.50 per cent to Rs 4.60 lakh crore so far this fiscal year, indicating recovery in the economy. Direct tax collections for 2021-22, as on December 16, show that net collections are at Rs 9.45 lakh crore compared to Rs 5.88 lakh crore over the year-ago period, representing an increase of 60.8 per cent, the ministry said in a statement. "The net collection (as on December 16) in FY22 has registered a growth of 40 per cent over the corresponding period of previous year when the net collection was Rs 6,75,409.5 crore, and a growth of 40.93 per cent over the corresponding period of 2018-19 when the net collection was Rs 6,70,739.1 crore," it said.
Once again, there seems to be an airfare war in India.
With the assembly polls only two years away, in 2026, any demoralising defeat in 2024, would challenge not only the party's continued relevance but also EPS's leadership, asserts N Sathiya Moorthy.
His disqualification to participate in future elections may follow, notes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.
Online food delivery platform Zomato has decided to narrow its focus on three key areas of food ordering and delivery; supplies to restaurants through 'Hyperpure' and quick commerce, company Chairman Kaushik Dutta said on Tuesday. In his address to shareholders at the company's annual general meeting, Dutta said the move was part of strategy to focus "only on areas that have the potential to become meaningfully large businesses ten years from now". In FY22, he said Zomato was able to achieve strong top line growth while keeping its "adjusted EBITDA burn under control", despite multiple challenges such as disruptions due to Covid-19 pandemic, macro-economic uncertainty, rising inflation, fuel prices, among others.
The only real solution to the jobs crisis, whether in India or abroad, is to direct tech innovation towards job enhancing sectors, and disincentivising job-replacing ones, observes R Jagannathan.
'US citizens who are at the Abbey Gate, East Gate, or North Gate now should leave immediately,' the statement said, without further detail, reported The New York Times.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
India's collection from tax on personal and corporate income jumped over 48 per cent in the current fiscal after a 41 per cent surge in advance tax payments, mirroring sustained economic recovery in a year that witnessed two waves of coronavirus infections. Net collections of direct taxes until March 16, 2022, in the fiscal year that started on April 1, 2021, stood at Rs 13.63 lakh crore compared to Rs 9.18 lakh crore in the same period a year back, an official statement said. The net collections in direct taxes, which is made up of income tax on individual income, corporation tax on profits of companies, property tax, inheritance tax and gift tax, in the current fiscal is 35 per cent higher than the collection of Rs 9.56 lakh crore in the pre-pandemic year of 2019-20 (April 2019 to March 2020).
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Asking a pre-university schoolgirl to take off her hijab at her school gate is an "invasion" of her privacy and dignity, Supreme Court judge Justice Sudhanshu Dhulia said on Thursday.
The Congress will make it the main issue when its Bharat Jodo Yatra led by Rahul Gandhi reaches Jammu and Kashmir early next year.
India will play their inaugural World Test Championship final against New Zealand at Southampton's Ageas Bowl Stadium from June 18-22, BCCI president Sourav Ganguly confirmed
The tax department will remain a source of endless nightmares for citizens and 'transparent taxation' will remain an empty slogan and a cruel joke, observes Debashis Basu.
Line up tasks that require physical presence, like meetings or team sessions, for the days you will be working from the office. Tasks that can be performed in isolation should be left for home.
Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.
The president's moves will make it easier for entrepreneurs to work in the United States
India would look to seal a direct quarterfinal berth with a win against Canada in their final Pool C match of the men's hockey World Cup on Saturday.
Congress president Sonia Gandhi also decided to convene a 'Chintan Shivir', a brainstorming session from May 13-15 in Udaipur.
The D Y Patil Stadium in Navi Mumbai brightened its prospects of hosting Under-17 World Cup football matches next year, with the head of a FIFA delegation on Wednesday calling it a 'high quality' arena.
'My Nani passed away in January 2016 and the house belonged to her and my Nana.' 'After they passed away, the family decided to sell the house.' 'My mother's immediate response was that we have to make a film in this house before it was sold.'
'We never go overboard on any stock, no matter how good it may seem.'
Mulayam has convened a meeting on Saturday of the 393 candidates who have been allotted tickets by him. Party insiders said the meeting was very crucial as the SP chief was likely gauge the sentiments of the candidates and conduct a fresh review of the list amid fears that the battle for control in SP left the party cadres divided and highly confused at grassroots level.
Some Porto residents fear a spike in infections because of the highly contagious coronavirus variant spreading in parts of England after first being identified in India.
The proposed reorganisation plan by Reliance Industries Ltd to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary is a step towards facilitating participation by strategic investors in the unit, Fitch Ratings said on Tuesday. The reorganisation of the business in Reliance O2C Limited (O2C) "will have a neutral impact on RIL's credit metrics and rating," it said in a statement. The transfer will be on a "slump sale basis", subject to attaining the requisite approvals.
