The market could not make a clear assessment of Tech Mahindra with the stock swinging wildly in the last two sessions. The results on Thursday were expected to be weak but the stock dropped slightly. However, investors reviewed the three-year turnaround plan and decided the stock had been oversold and the price recovered 7.5 per cent.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
The Ministry of Commerce and Industry on Thursday issued a discussion paper to achieve merchandise exports worth $450 billion in the next three years through greater market diversification, research and development and a thrust towards brand promotion.
The air quality is expected to improve further due to wind speed favourable for the dispersion of pollutants.
With Delhi recording air pollution levels seven to eight times above safe standards on Monday, the city government announced the return of its flagship odd-even scheme after four years anticipating further deterioration of air quality post-Diwali.
Delhi's 24-hour average air quality index (AQI) stood at 248 on Saturday.
Mahindra & Mahindra (M&M) reported very strong results for the January-March quarter of the last financial year (Q4FY24), beating consensus comfortably. The margins of the automobile business improved 170 basis points (bps) year-on-year (Y-o-Y) to 8.8 per cent, while FES (Farm Equipment Sector) margins improved to 15.8 per cent (up 60 bps Y-o-Y), despite a decline in volumes due to cost optimisation and lower raw material costs.
Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.
Tech Mahindra was the top loser in the Sensex pack, shedding over 4 per cent, followed by HCL Tech, ONGC, Asian Paints, UltraTech Cement and HDFC. On the other hand, Bharti Airtel, ITC, Bajaj Auto and Bajaj Finance were the gainers.
Indians constitute 4 per cent of the total illegal immigrants living in the US, a country where the overall unauthorised immigrant population has remained unchanged since 2009, a latest report has said.
K S Kohli of Frankfinn is confident that Air Frankfinn will give the likes of Kingfisher Airways and Jet Airways a run for their money in 2009.
The former world number two, Alexander Zverev has repeatedly rejected the claims by his former girlfriend Brenda Patea that she was a victim of bodily harm during an argument in 2020, his lawyers have said.
'It feels like Assam is good just as a tourist spot and not a place to earn and live.'
None of the top five start-ups launched by IITians - Flipkart, Zomato, Ola Cabs, Housing.com and Inmobi - were incubated at IITs
The margins of tyre manufacturers could come under pressure given the rise in rubber prices and the moderating demand for tyres. In the past three quarters, the revenue growth for listed tyre companies has moderated from low to mid-single-digit on account of factors such as lower demand in replacement segments, weak export markets and the decline in the average selling prices to car makers (OEMs). Demand trends could remain muted in the near term, given the weak passenger vehicle replacement demand, assuming a typical replacement cycle of 3-5 years, and demand moderation in the OEM segment.
'Over the next 20 years, we would be adding almost 10 million people to the workforce every year!' 'And we won't be able to give employment to even 2 million out of the 10 million every year.' 'Don't forget, it keeps adding every year.'
TVS Electronics Ltd has posted a net profit of Rs 4.50 million for the quarter ended December 31, 2002 as compared to Rs 12.30 million in the quarter ended December 31, 2001.
Lyon celebrates 500 wickets as Australia thrash Pakistan by 360 runs
'Now the political boss decides, and the ED acts.'
Jadeja, Deshpande, Fizz were CSK's stars on Monday.
The Indian team were rewarded with a bonus as the BCCI announced the launch of the 'Test Cricket Incentive Scheme'.
The announcement of the award comes as an acknowledgement of Dr Saiduddin's services, according to a statement by Pakistan President Arif Alvi, who approved the conferment on Wednesday.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable performances of IPL 2024
Opener Ben Duckett smashed an 88-ball hundred to lead England's robust reply to India's first innings total of 445 on day two of the third Test in Rajkot on Friday.
Pollution levels in the national capital entered the "severe" zone for the first time this season on Thursday, with scientists warning of a further spike over the next two weeks.
Tracking losses in the broader market that has seen the Nifty Smallcap 250 index and the Nifty Midcap 100 indices slip 9 per cent 6.1 per cent in the last three sessions, the frontline Nifty 50 index has remained resilient and registered a fall of 2.2 per cent during this period. Going ahead, can the nervousness in the mid- and small-cap universe spread to the large-cap peers? Most analysts do not think so. They expect a minor dip and a sharp recovery as investors flock to the large-caps in search of safety and value buying as the mid-and small-caps falter.
With polls to elect the 18th Lok Sabha approaching, district poll panels are fixing the rates for expenses as part of the election expenditure monitoring process.
Saturday witnessed an onslaught of runs, with a total of over 450 runs scored, setting the stage for several outstanding batting performances.
India is among the top five markets for Ghost model in the Asia Pacific region.
The Enforcement Directorate, which has been investigating the Mahadev app-linked money laundering case for more than a year, alleged in the past that its probe has shown involvement of various high-ranking politicians and bureaucrats from Chhattisgarh, where the two main promoters of the app hail from.
The Oil Ministry has proposed a Rs 3-4.50 per litre hike in diesel price and Rs 100 in LPG rates along with raising the number of subsidised cooking gas cylinders for households to nine a year from the current cap of six.
This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year.
Even though there were three movie releases last week -- Mission Raniganj, Thank You For Coming and Dono -- the box office collections were low.
The contracts for the procurement of the platforms and weapons systems were signed in the presence of Defence Minister Rajnath Singh and defence secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.
Helicopters are anticipated to be more in demand compared to fixed-wing aircraft as choppers will help in providing accessibility to rural and remote areas in a shorter time.
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
The poisonous haze has been causing significant problems for people with existing respiratory issues, according to doctors.
