The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".
The coming weeks are sure to have a lot of drama unfolding in Maharashtra, predicts N Sathiya Moorthy.
iPhone maker Apple led India market with highest revenue in 2023 for the first time while Samsung topped the chart in terms of sales volume, market research firm Counterpoint Research said on Wednesday. While India's smartphone shipments remained flat in 2023 at 152 million units, Samsung and Chinese mobile phone makers Vivo and Oppo were able to grow their shares, according to Counterpoint's Monthly India Smartphone Tracker report. "Apple's focus on India is also aiding the trend, with the brand surpassing the 10-million-unit mark in shipments and capturing the top position in revenue in a calendar year for the first time, propelled by robust demand for both its latest and older iPhones.
You might just mistake Zuchobeni Tungoe, the gorgeous model from Nagaland, for a K-pop star.
Indian Railways has managed to improve its freight volumes each year since the pandemic. However, its inability to add new industries and goods will pose a challenge for the national transporter in the wake of it setting an ambitious target of 45 per cent share in the national logistics by 2030. According to officials, the ministry of railways achieved 114 million tonnes (mt) of miscellaneous goods (classified as balance and other goods) in 2023-24.
A Pakistani media baron, the 45-year-old is the 37th full-time chairman of the PCB.
More than 80 per cent of Indians live in districts vulnerable to climate risks. Among these, Assam, Andhra Pradesh, Maharashtra, Karnataka, and Bihar are the most vulnerable states to extreme climate events.
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
The governing FIA had reported both drivers to stewards after their cars failed post-race checks
Moody's Investors Service has changed the outlook for the long-term foreign currency deposit ratings of a number of Indian banks -- currently rated Ba2 -- from 'negative' to 'stable' for India.
Structural reforms, pro-people programmes and employment opportunities helped the economy get new vigour, the finance minister said. After contracting by 5.8 per cent in 2020-21, the economy recorded a growth of 9.1 per cent in 2021-22.
The Union government has decided to upgrade 500 Industrial Training Institutes in the country in the next five years in the light of new skills required by industries.
The incident took place at Chatra Upgraded School in Poraiyahat area, around 300 km from Ranchi, during school hours around 11 am, a senior police officer said.
The defence ministry said 98 per cent of the total procurement worth Rs 2.23 lakh crore will be sourced from the domestic industries.
The Adani group is in advanced talks with top sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects. The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of Ebitda (earnings before interest, tax, depreciation, and amortisation), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans. The group's flagship, Adani Enterprises, may dilute part of its stake in the airport-holding firm and/or the green hydrogen business to these funds, which are keen to invest in the Indian infrastructure sector, said a source close to the development.
An in-line ICICI Bank result for the quarter ended March 31, 2024, has led to analysts raising target price and earnings per share (EPS) forecast on the stock. ICICI Bank, they said, appeared least vulnerable to regulatory action on its digital offerings or for risk monitoring lapses.
Newly appointed PCB chairman Mohsin Naqvi would be eyeing an assurance from BCCI secretary Jay Shah on India's participation in next year's Champions Trophy in Pakistan during next week's ICC Meeting in Dubai but is unlikely to make headway as of now.
The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.
The Mark-1A will be more sophisticated and capable than the Tejas Mark-1.
For the week, the Sensex climbed 28.24 points, or 0.08 per cent, while the Nifty shed 38.15 points, or 0.36 per cent.
India's aviation safety ranking was on Wednesday upgraded to Category-I.
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
'We carry 6.5 billion passengers every year. We have crossed seven billion this year, and are targeting 10 billion by 2030.'
National security advisor Ajit Doval on Friday suggested that various central armed police forces of the country should have "jointness" and interoperability among themselves like the ongoing plan for the defence forces.
The main reason for any consumer to buy an expensive smartphone is its camera.
The share of foreign loans in total Adani group debt portfolio dropped to 61 per cent by September 2023 from 63 per cent as of March 2023, as the group repaid part of its foreign loans and refinanced part of older loans. The share of Indian lenders, on the other hand, rose to 39 per cent in the total debt pie in September 2023 from 37 per cent in March after a report by US-based short seller Hindenburg Research in January last year, which led to volatility in the share prices of group companies. The group's total debt remained static at Rs 2.26 trillion in the same period.
'Whether it is a good upgrade or not is something the judges will decide on the technicalities of the process, not substance. 'But they can't do much because of the constitutional fiction they themselves propounded with their "basic structure" formulation. 'That has not been violated because Article 370 was constitutionally temporary,' says T C A Srinivasa Raghavan.
India will get its first upgraded Mirage 2000 later this month from France under a Rs 10,000 crore deal.
Although the third quarter of financial year (2023-2024) FY24 (Q3FY24) was marginally below expectations, Info Edge (India) is witnessing strong investment trends and hitting new highs. The big driver is optimism about a pickup in the jobs market, which benefits Naukri.com and could mean upgrades in Q4FY24 expectations. The JobSpeak Index, which Naukri.com releases on a monthly basis, is showing a "transformative shift".
rediffGURU Mayank Kumar offers guidance about degree courses, campus, job-linked and executive programmes and studying abroad.
Reliance Industries in collaboration with The Oberoi Hotels and Resorts will co-manage three iconic hospitality projects which include Anant Vilas in Mumbai and Stoke Park in the UK, the company said on Thursday. The arrangement between the two companies also includes management of another planned project in Gujarat. "Reliance Industries...has entered into an understanding with The Oberoi Hotels and Resorts (Oberoi) to jointly manage three properties across India and the UK.
The security cover of External Affairs Minister S Jaishankar has been upgraded from the 'Y' category to 'Z', official sources said on Thursday.
Addressing an event in New Delhi, Gen Pande also said the recent global developments have underscored that the security of the nation can neither be outsourced nor be dependent on the largesse of others.
The IAF is down to 34 squadrons. This will dip to 30 squadrons by the end of this decade, as nine squadrons of MiG-21 and MiG-27s retire.
Moody's on Sunday said any upgrade for the country will depend on consistent improvement in inflation, fiscal deficit and other economic parameters.
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.
ICICI Bank reported good results for the October-December 2023 quarter (Q3), with 24 per cent year-on-year (Y-o-Y) growth in profit after tax (PAT). Net interest margin (NIM) dropped 10 bps quarter-on-quarter (Q-o-Q) to 4.43 per cent. Credit growth was at 19 per cent Y-o-Y (4 per cent Q-o-Q), while deposit growth was at 19 per cent Y-o-Y (3 per cent Q-o-Q).
The global ratings agency, however, cautioned that high debt burden remains a constraint on the country's credit profile.
The administration sent another vessel which rescued the Union Minister for Fisheries, Animal Husbandry & Dairying and took him to his destination. He was accompanied by BJP national spokesperson Sambit Patra and a few other local party leaders while being stranded on the boat.
Efficient land use, minimum congestion, a focus on dharamshalas (inns) and homestays, upgrading the infrastructure while retaining the historical and cultural character of the city are some of the highlights of the plan prepared by Kukreja, the managing principal of CP Kukreja Architects.