'Valuations are very attractive, and most companies are cash-rich with strong dividend yields.'
Tucked away at a lane in Arehalli Guddadahalli, a small village in Bengaluru Rural district is a nondescript factory of LaundryMate, one of India's first organised technology-led online laundry services firms. The company has built the country's largest laundry facility, which is spread across 53,000 square feet - the size of a football field. Inside the hangar-like building, one can hear the whooshing and humming sound of big hi-tech washing machines being operated by the newly-recruited staff of LaundryMate.
At Rediff.com, we would like to salute their undying spirit...
Olympic Association is yet to get an official confirmation about shooting being scrapped from the programme of 2022 Commonwealth Games but said it will ask the organisers to reconsider its decision.
Viewed as India's most eligible bachelor by some, Congress leader Rahul Gandhi says he'll get married when the right girl comes along and part of the problem is that his parents' "really lovely marriage" has set the bar very high.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
Quant funds have a very short track record, and have underperformed so far, reveals Sarbajeet K Sen.
One of the most wanted terrorist, Mudasir Pandit, and a Pakistani ultra were among the three terrorist killed in an overnight encounter with security forces in the Sopore area of Jammu and Kashmir's Baramulla district, police said.
After a sharp correction over the last few months, analysts seem to be turning cautiously optimistic on the information technology (IT) sector and suggest there could be trading opportunities in select counters despite revenue and growth concerns that still plague the sector. "IT stocks valuations have corrected 17 per cent-49 per cent and stock prices have corrected 9 - 42 per cent since mid-December 2021. Nifty IT index valuation has corrected by 27 per cent and price by 21 per cent. "About two quarters ago, we made a case that valuation drivers have peaked.
Prominent Indian-American politician Nikki Haley launched her presidential campaign on Tuesday, becoming the first Republican to challenge former US President Donald Trump in his 2024 bid for the White House.
Kleon Papadimitriou, a Greek student in Aberdeen, Scotland undertook the adventure when flights to much of Europe were cancelled due to the coronavirus pandemic.
Tata Steel was the top gainer in the Sensex pack, zooming 7.57 per cent, followed by Sun Pharma, IndusInd Bank, L&T, ITC and HCL Tech.
The Center for Responsive Politics said that an 'extraordinary influx' of political donations in the final months -- driven by a Supreme Court battle and closely watched races for the White House and Senate -- pushed total spending in the election past the previously estimated 11 billion dollars figure.
The adverse impact on the margins of auto, consumer staples and consumer durables sectors will be counterbalanced by an earnings uptick in the metals, cement and oil & gas sectors.
'Surprisingly, the most frequent of the walking squads are the Auntyjis, those you'd hardly credit with such dedication.' 'Yet, they're always present and the sprightliest of the lot in their salwar suits and saris,' says Kishore Singh.
The pandemic shines the spotlight on unexpected heroes.
Drysdale wins close single sculls gold Also, check out late gold medal winners from Day 7...
Riding solo from the Arctic to the Andes exposed him to a variety of people and cultures while allowing him to connect with himself, Dhruv Bogra tells Amrita Singh.
'At present Metaverse is a hype cycle.' 'If it succeeds, then I would like to see TCS there, too.'
The past appears to have interrupted the future of the New Delhi Railway Station (NDLS). With two protected heritage buildings sitting in the way of the plan to redevelop the railway station, officials in the know say the project may end up back on the drawing board since the National Monuments Authority (NMA), the body tasked with the protection and preservation of monuments and sites, is yet to give its approval. "A nod from NMA is awaited before going into the next phase of bids for the redevelopment of the New Delhi Railway Station," a senior official of the Ministry of Railways told Business Standard. While the Railways ministry is hopeful of getting approvals from the NMA before the end of the current financial year, there is no clarity on this yet.
Check out the gold medal winners on Day 7 of the 2016 Olympic Games in Rio de Janeiro, on Friday:
India returned with 368 medals, including 85 gold, at the Special Olympics World Summer Games which was held at Abu Dhabi, UAE from March 14 to 21.
The exchange moved through many ups and downs through the years.
With the Tokyo Olympics set to start on July 23, here is some trivia from the first two editions of the modern Olympics held in 1896 and 1900.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.
Drink enough water, focus on your portion sizes, cut out junk food, start a walking routine, and stay consistent.
Instagram can't stop drooling over her sexy workout pics.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
On Wednesday, Swiss business tycoon Hansjoerg Wyss said he was one of three people who had been approached by Abramovich to buy the club.
Tarunraj Yadav from Vapi, Gujarat, tells us how he lost 24 kg in five months.
Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins and Reliance Industries amid a negative trend in global markets.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
The Indian economy remains on track to regain its position as the world's fastest-growing major economy after official estimates on Friday put the expansion at a tempered 9.2 per cent this fiscal amid concerns over the impact of a resurgent virus on the fragile recovery. The growth in the gross domestic product (GDP) of 9.2 per cent in April 2021 to March 2022 fiscal (FY 2021-22) given by the National Statistical Office (NSO) in its first advance estimate compares with 9.5 per cent expansion forecast by the Reserve Bank of India (RBI) last month. The economy had contracted by 7.3 per cent in the previous financial year.
Having taken up Test captaincy from M S Dhoni in the middle of a series in Australia back in 2014, Virat Kohi changed the way India played the five-day game.
Following is a list of winners of the Sportsperson of the Year award by Sports Illustrated magazine.
If the corrections underway across most markets hold first support, the probability of another leg to the rally until mid-August is fairly certain, says Sonali Ranade
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
