The board of Maruti Suzuki India (MSIL) on Tuesday approved a proposal to issue shares worth Rs 12,841 crore to parent company Suzuki Motor Corporation (SMC) for acquiring Suzuki Motor Gujarat (SMG). The Gujarat manufacturing plant - with an annual capacity of 750,000 units - is owned by SMG, a wholly-owned subsidiary of SMC. The shares issued to SMC will raise its ownership in MSIL from 56.48 per cent to 58.19 per cent--India's largest carmaker stated in a notice to BSE.
'Try to obtain a secured personal loan or credit card by offering some collateral, such as a fixed deposit or gold.' 'Not only will this improve your eligibility, but the lender may even offer a lower interest rate.'
Kohli's team-mates Shubman Gill, Mohammed Siraj and Kuldeep Yadav have also moved up in rankings.
Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.
Strong demand in the domestic market, coupled with an increase in raw material prices, is pushing up steel prices. According to SteelMint, a market intelligence and price reporting firm, the list price of flat steel has seen an increase of Rs 750-2,000 per tonne for October deliveries. The long steel price witnessed an increase of Rs 1,500 per tonne towards the end of September.
Dr Reddy's Laboratories, the second largest drug maker in the country, would invest about Rs 750 crore.
Sindhu had beaten world number 18 Zhang in the Malaysian Open quarter-finals in May this year but the Chinese avenged that defeat and also made the lifetime win-loss record to 3-2 against the Indian.
Reliance Industries Ltd will give Rs 750 crore (Rs 7.5 billion) discount on LPG and kerosene to public sector petro retailers in 2005-06.
Prime Minister Manmohan Singh on Saturday announced a Rs 3,750 crore package including a write off of Rs 712 crore overdue interest for drought hit Vidarbha that witnessed a spate of suicides by debt-ridden farmers.
Apart from these six deaths, 22 others died of heart attacks in the state during this period.
Fresh from their Korea Open triumph, Satwiksairaj Rankireddy and Chirag Shetty will look to continue their dream run.
Here is the timeline of the disaster and the rescue efforts that followed.
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.
India's Kiran Geroge moves to quarters, Ashmita bows out of Thailand Open
Training a person for 16 weeks (4 months) in the US costs something like $50,000 (around Rs 21.25 lakh). However, the education system is much better in the US. So we provide short-term training courses of about 15 days for new recruits there
Sindhu, Lakshya win openers; Sai Praneeth loses in US Open
Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.
The world number nine will play Hong Kong's fifth seed Angus Ng Ka Long in the last eight stage.
'How can you shoot somebody raising a white flag, even if he's a fighter, when he's surrendered?'
Patience can be rewarding. 'Post-listing, sanity often returns to valuations of newly-listed businesses within six to nine months. Buy then.'
Banks enjoyed an expansion in Net Interest Margins (or NIMs) as well as in credit demand through the 2022-23 financial year (FY23). The credit expansion was because economic growth continued to recover from the Covid-19 years, and indeed, second half GDP growth surprised on the upside. The NIM expansion was because banks raised lending rates immediately (in many cases automatically due to floaters) as the Reserve Bank of India (RBI) hiked policy rates, and only started raising deposit rates late into the fiscal.
After 16 days of intense efforts by multiple agencies, all 41 workers trapped in Uttarakhand's Silkyara tunnel in Uttarkashi have safely been evacuated on Tuesday evening.
After winning their first NBA title on Tuesday, June 13, 2023, the Denver Nuggets celebrated their historic victory, and how.
The first half of 2023 has ended on a satisfying note, what with the latest Bollywood release, Satyaprem Ki Katha, doing well in its opening extended weekend of four days.
There was an acceptable domestic performance in India but there continues to be concerns about the Europe business and that overshadows the local performance. The consolidated revenues for the Q2FY24 stood at Rs 55,682 crore with an operating profit of Rs 4,315 crore and an operating profit margin of 8 per cent.
"The charges relate to the 2021 Abu Dhabi T10 Cricket League and attempts to corrupt matches in that tournament -- these attempts were disrupted. The ICC was appointed by the ECB as the Designated Anti-Corruption Official (DACO) for the purposes of the ECB's Code for this tournament and as such are issuing these charges on the ECB's behalf," ICC said in a statement.
The Israel Air Force fighter jets under joint intelligence guidance with the Shin Bet, killed one of the senior members of the Hamas terrorist organisation, Iman Nofal, according to Israel Air Force.
'Israelis arrested us before this war and continue to do so -- even more so -- now.'
B Sumeeth Reddy and Ashwini Ponnappa, however, suffered a 21-23, 21-13, 12-21 loss against Korean pair of Song hyun Cho and Lee Jung Hyun in their mixed doubles opening round.
The reported buyback of Temasek's 20 per cent stake in Tata Play by Tata Sons will be the third instance of Tata Group providing an exit to a foreign partner in recent years. In 2018, Tata Sons paid $1.27 billion to DoCoMo to buy back 26 per cent of the group's telecommunication venture, Tata Teleservices. This was followed by Tata Sons acquiring AirAsia Berhad's 49 per cent stake in AirAsia India in two tranches to make it a wholly owned subsidiary.
According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.
Technical analyst S L Joshi tracks the Indian markets using the Elliott Wave Theory
Satyaprem Ki Katha remains the first choice of theatre audiences even in its second week of release.
Indian Mithun Manjunath stunned fourth seed and world number seven Kean Yew Loh of Singapore in the opening round while PV Sindhu and Kidambi Srikanth secured straight-game wins.
School children celebrated Aravalli Day on Tuesday, December 13, 2022 near the Aravalli hills in Gurugram to show solidarity with the clean air and water security of the Aravalli ecosystem.
Commonwealth Games champion Lakshya Sen suffered a straight-games defeat to Japan's Kodai Naraoka in the men's singles quarter-finals as the curtain came down on India's campaign in the Denmark Open Super 750 tournament, in Odense, on Friday night.
Denmark's Viktor Axelsen and Japan's Akane Yamaguchi's dominance continued as they stayed on course for a second successive title.
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