Images from the Asia Cup match played between India and Pakistan in Dubai on Sunday.
The earthquake was measured at 5.2 magnitude on the richter scale.
Despite the wobble in the markets over the past few weeks, Indian equities remain expensive as measured by several yardsticks. India's market capitalisation-to-GDP ratio, for instance, has touched a multi-year high. The ratio is currently at 116 per cent, based on the FY22E gross domestic product (GDP) number, above its long-term average of 79 per cent.
The key risks against a fast recovery would include long delays in business travel resumption, delays in commissioning, etc.
Rediff.com's Ashish Narsale handpicks some of the latest gadgets that are immensely useful.
If their performance is any indication, Lucknow Super Giants and Rajasthan Royals could make for a blockbuster Indian Premier League contest on Sunday evening, an iconic venue adding to its charm.
IMAGES from the IPL 2022 game between RCB and Punjab Kings in Navi Mumbai, on Sunday
Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.
Investment firm Invesco Developing Markets Fund, the largest shareholder in Zee Entertainment Enterprises, on Thursday said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove managing director and CEO Punit Goenka and two independent directors. The company said it will support the merger of Zee and Sony, contending the "deal in its current form has great potential for Zee shareholders" but added if it is not completed as currently proposed, Invesco retains the right to requisition a fresh EGM. Two days after the Bombay high court ruled that Invesco's call for EGM was legally valid, the investment firm in a statement said, "Since we announced our intention to requisition an EGM and add six independent directors to Zee's Board of Directors, Zee has entered into a merger agreement with Sony.
With all major US export-oriented drug manufacturing plants in the country up for inspection in 2022, some estimates peg that at least 20-30 per cent of the new product launches lined up for the US will be subject to on-site inspection by the US Food and Drug Administration (USFDA). The last two years saw limited physical inspections due to travel restrictions during the pandemic. "Pre-Covid, the frequency and number of inspections of manufacturing plants in India by USFDA had increased significantly," analysts from ICICI Securities Research noted. "With growing ANDA filings, especially for complex products. "We expect this trend to return with the environment normalising," analysts from ICICI Securities Research noted.
David Warner (4 off 12), returning to the franchise where he made his IPL debut back in 2009, struggled in his first innings of the season.
Andrew Wiggins added 19 points for the Warriors. Jordan Poole contributed 17 while Draymond Green collected 11 points, eight rebounds and six assists.
Analysts suggest investors remain in a wait-and-watch mode and not jump in to buy stocks across-the-board.
Bayern Munich eased past title rivals Borussia Dortmund 3-1 on Saturday to secure their 10th consecutive Bundesliga crown in front of a sold-out home crowd and with three games to spare, while Paris St Germain secured a record-equalling 10th French top flight title after stuttering to a 1-1 home draw by 10-man RC Lens.
Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.
Action from Europa League matches played on Thursday.
Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for $200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery delivery business. Dunzo has raised $240 million (about Rs 1,787 crore) in its latest funding round that was led by Reliance Retail Ventures Ltd (RRVL) - the retail arm of Reliance Industries, the two firms said in a statement. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also participated in the funding round.
The series was lost but star opener Smriti Mandhana feels the Indian women's cricket team gained quite a lot from its recent tour of Australia, the biggest positive being the visiting bowlers' lion-hearted performance in the multi-format rubber.
Images from the third One-Day International between South Africa and India, in Cape Town, on Sunday.
Two people have been arrested for allegedly assaulting a 52-year-old auto-rickshaw driver.
It will be a test of Virat Kohli's tactical acumen against the ice-cool demeanour of Eoin Morgan when perennial underachievers Royal Challengers Bangalore clash with former champions Kolkata Knight Riders in the IPL Eliminator in Sharjah on Monday.
Former champions Venus Williams and Andy Murray were named in Wimbledon's initial list of wildcards
The latest circular from BSE that sought to cap the price movement of select scrips, especially the mid-, small-cap segments, traded on the exchange is not without a reason. A quick calendar year-to-date price check on the stocks from the categories put under 'Add-on Price Band Framework' by the BSE reveals a total of 210 stocks have seen their market price more than double. Among individual stocks, SC Agrotech, Adinath Textiles, Waaree Renewable Technologies, Steel Strips Infrastructure, Unistar Multimedia, Texel Industries, Raja Bahadur International and Hindustan Everest Tools from the BSE's X and XT group have rallied over 500 per cent during this period. Topping the charts is Gita Renewable Energy, which has zoomed 3,964 per cent to Rs 272.35 now from Rs 6.7 as on December 31, 2020.
Images from Day 4 of the first Test between England and New Zealand at Lord's in London on Saturday.
Despite a shaky Q3, conviction over the stock remained high, with 65 per cent of the analysts polled on Bloomberg retaining their 'buy' recommendation.
Over one crore COVID-19 vaccine doses have been administered in the country till now with the highest single-day vaccinations of more than 6 lakh jabs given on Thursday, the Union health ministry said on Friday.
Delhi Capitals hardly broke a sweat in the run chase, cantering to victory in 17.4 overs, their sixth win in eight matches.
Lizelle Lee and Laura Wolvaardt shared the highest opening wicket stand against an under-prepared India to give South Africa an emphatic eight-wicket win in the first ODI of the five match series, in Lucknow, on Sunday.
Adani Ports and Special Economic Zone and Adani Green Energy are the other two Adani Group firms to have crossed the Rs 1-trillion mark in m-cap.
As of July 13, at least 111 countries, territories and areas have reported detection of the Delta variant, and this is expected to continue to increase, becoming the dominant variant globally in the coming months.
'I consider myself to be a 50 year old with a 16-year-young mind, ready to conquer more continents,' Dr Shuvendu Sen tells Payal Singh Mohanka.
Petrol price on Wednesday neared all-time high after state-owned fuel retailers hiked rates after a nearly month-long hiatus. Petrol price was raised by 26 paise per litre and diesel by 25 paise a litre, according to a price notification from oil marketing companies. After this increase, petrol in Delhi climbed to Rs 83.97 per litre from Rs 83.71 previously. Diesel rates rose to Rs 74.12 per litre from Rs 73.87. In Mumbai, diesel touched an all-time high of Rs 80.78.
Images from Day 2 of the third Test between England and India, at Headingley, Leeds, on Thursday.
'It is a blessing that we have three bowlers who can bowl at 140 consistently. For any team to have three bowlers who can bowl quick and swing the ball is really good.'
Maradona's massive wake sparked some criticism on social media, especially as the government had limited the number of people who could attend wakes and funerals to contain the virus.
Prince Victor Albert Jay Duleep Singh's mansion is located in one of south-west Kensington's most sought after residential addresses.
Images from EPL matches played on Wednesday.
The volume of shares traded in the stock market had fallen 28 per cent in April. Turnover, or the value of securities changing hands, fell 12.6 per cent. This trend of falling volumes seems to have stabilised in May.
KL Rahul is 'enjoying every responsibility' thrown at him each day at the international level.
As imports reduced, Eveready clocked significant volume growth in batteries.
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