Triple Olympic track cycling gold medallist Chris Hoy was named the BBC's Sports Personality of the Year on Sunday to cap a remarkable night and year for the sport. The Scot finished ahead of Formula One world champion Lewis Hamilton and double Olympic swimming gold medallist Rebecca Adlington in a vote by the British public.
Rebecca Romero became the first British woman to win medals in two different summer Olympic sports when she beat her team mate to win gold in the women's 3-km individual pursuit cycling on Sunday. A rowing silver medallist in Athens in the quadruple sculls, Romero switched sports and made her track cycling debut only two years ago. She won two world championship titles in March.
'The stockbroker should have a good balance sheet to support its scale of operations. It should also have proper risk management in terms of margins so that it doesn't go bankrupt during extreme market movements.' 'The broker must have a track record of navigating several market cycles in an ethical and transparent manner.'
ITC highlighted that legal cigarettes account for 9 per cent of tobacco consumption in India, but 80 per cent of tax collection is from tobacco products. While illicit cigarettes account for roughly one-third of the market share, legal cigarette volumes have recovered to around 96 per cent of peak FY13 volumes, after dipping to 70 per cent in FY21.
Former MotoGP champion Nicky Hayden died five days after the American was hit by a car while cycling in eastern Italy, his Honda World Superbike team said.
Capturing the drama on Day 11 at the Tokyo Olympics.
Britain's most successful Olympian Chris Hoy, who won two golds at the 2012 London Games to add to three from Beijing four years earlier and his first in Athens in 2004, said the time was right to quit the saddle having exhausted 'every last ounce of effort and energy'.
The 2012 Olympics suddenly seem a lot closer after a memorable weekend of World Cup track cycling, the first test event of an Olympic Park venue, proved a spectacular success for organisers, athletes, fans and media.
A beaming father Chandrapal, said that the son told his mom that he was confident of stopping the legendary MSD on his tracks.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
S&P Global Ratings on Monday raised India's growth forecast for the current financial year to 6.4 per cent, from 6 per cent, saying that robust domestic momentum has offset headwinds from high food inflation and weak exports. The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth.
Chris Hoy set a British record with his sixth Olympic gold medal Tuesday, defending his keirin title to finish off a dominating track cycling program for the home nation.
On Tuesday, Apple chief executive officer Tim Cook and his team launched the Apple Watch Ultra 2. According to a report by US-based tech portal TechCrunch, the Ultra 2's design looks quite similar to that of the first-generation Apple Watch Ultra, which means the most significant upgrade is on the inside. Like the new Series 9, the Ultra 2 will be powered by Apple's S9 SiP, which has 5.6 billion transistors and a four-core neural engine as well as a U2 ultra wideband location chip.
India's leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value. As on September 30, 2023, 13 of India's top 15 listed capital goods and engineering firms, for which data for the September 2023 quarter was available, had a total orderbook worth Rs 8.45 trillion - a number unseen at least since 2018-19. "This intuitively looks like an all-time high factoring in inflation," said Anupama Arora, a senior independent analyst who tracks the capital goods sector.
'It is difficult to put a number right now as the value of dollar to rupee has also changed from the exchange rate last time. But don't be surprised if digital rights earns way more than TV.'
FIDE acknowledged that this issue concerning transgender players presents an evolving challenge within the realm of chess and affirmed that further policy adjustments may be warranted in the future, contingent upon research findings.
Dream 11 all set to replace BYJUs as Indian team's principal jersey sponsor
Yashasvi Jaiswal presented a heady cocktail of patience and flair on debut but India's expected series win over West Indies will not serve as an accurate parameter.
In shooting, India have added Manisha Keer, Preeti Rajak and Angad Vir Singh Bajwa, while in athletics, Amlan Borgohain, Preeti and Prachi have been added to the squad.
'Techfest', an annual science and technology event organised by the Indian Institute of Technology Bombay in Mumbai.
Modi said that for nearly one and a half years he has been putting in place details of new schemes to give new pace to the country's development and curb poverty.
The migrant workers were walking along the rail tracks apparently to escape the attention of police. A video clip from the scene of the tragedy shows the bodies of migrant workers lying on the tracks and nearby with their meagre personal belongings scattered around.
'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'
The turn of the Olympic cycle has ushered in a new generation of riders plotting to overthrow track queen Anna Meares, but the seasoned Australian is confident of being in top gear to defend her sprint title at the Rio de Janeiro Games.
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.
'From data on enquiries, we can build what we call a data lake or a data warehouse where data is classified into various cohorts and then we use AI and ML tools to predict demand down the line.'
After startups and Big Tech, the layoff season may have begun at the $245 billion Indian information-technology (IT) industry. Bengaluru-based IT major Wipro is looking to cut hundreds of jobs, targeting mid-level employees working onsite as the company looks to improve margins, according to a media report, citing two sources. The company has said it is aligning its business and talent to the changing market environment.
Banks, the biggest component of the Indian equity market, are now trading at a big discount to the benchmark indicesThe BSE Bankex index, which tracks the share price of the 10 top listed banks, is trading at a trailing price to earnings (P/E) multiple of 15.3X, nearly a 40 per cent discount to the BSE Sensex current P/E of 24.37X. This is the biggest valuation gap between the two indices in at least 10 years. Similarly, the BSE Bankex price to book ratio (P/B) of 2.22X is 40 per cent lower than the current Sensex P/B ratio of 3.61X.
Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.
Mark Cavendish has pulled out of the Tour de France before the 15th stage to Prato Nevoso, his Team Columbia said.
Indians win 2 gold, 1 silver, 2 bronze at Asian Indoor Games
The legendary Sachin Tendulkar found senior off-spinner Ravichandran Ashwin's exclusion from India's playing XI for the World Test Championship final baffling.
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.
CRAs are getting more business than they were getting a year ago. This could indicate expectations that investment demand will rise in the mid-term, says Devangshu Datta.
While the economy seems to be on a firm growth path, the fight against inflation is not over yet. Shaktikanta Das seems to be in no hurry. After playing well through a five-year Test match, he doesn't want to get out hit wicket, observes Tamal Bandyopadhyay.
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