Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
Two days after a local oil mafia in Maharashtra burnt alive an additional collector, the government on Thursday unveiled steps including re-introduction of a chemical marker in kerosene to reduce opportunities of the subsidised fuel being diverted for adulteration.
The ongoing weakness in the broader equity market is likely to weigh on primary market investor participation ahead, which has already begun showing signs of fatigue, analysts said. The spillover effect, they say, will continue as long as the midcap and smallcap segments remain volatile. "The effect will be felt in the IPO market. The subscription levels have come down in the last few days and recent 4-5 IPOs have not done well.
'This nation depends on the Union government for its safety, security and their development, but look at the state of affairs
'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.'
West Bengal Chief Minister Buddhadeb Bhattacharjee on Wednesday announced that a proposed chemical hub would not be set up in Nandigram.
An Indian-flagged crude oil tanker is among two vessels that came under drone attacks by Yemen's Houthi rebels in the Southern Red Sea, the United States Central Command has said.
The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.
Any government support or incentive to help exporters deal with high freight and insurance costs is unlikely.
After three days of investigation into the blast near the Israeli Embassy in New Delhi, the Delhi Police is planning to register a first information report (FIR) as they have found 'crucial evidence' pointing to a conspiracy to threaten the envoy, sources said on Friday.
Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
HDFC Bank, Reliance Industries and ICICI Bank remained among the top mutual fund (MF) buys for the second consecutive month in September. MFs deployed a net of Rs 15,000 crore into these stocks during the two-month period (August-September), revealed Nuvama Alternative & Quantitative Research reports.
Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.
Oracle of Omaha will initially invest Rs 1,177 crore (Rs 11.77 billion) in the venture.
Wholesale inflation rate eased to 34-month low of (-) 0.92 per cent in April on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based inflation has been on a declining trend for 11 months in a row and entered the negative zone in April. In June 2020 WPI was at (-) 1.81 per cent.
'Given the inherent volatility, investors should take at least a three to five-year view.'
The department of personnel and training has asked the Union Public Service Commission to recruit such specialists through "lateral entry" mode in 12 government departments/ministries, he said.
According to police, the blaze erupted on the ground floor of the apartment complex, where some drums containing chemicals were stored and later spread to the first and second floor.
India's manufacturing sector growth fell to 18-month low in December amid softer increase in factory orders and output, despite minimal inflation, a monthly survey said on Wednesday. The HSBC India Manufacturing PMI survey, conducted by S&P Global, showed that there were softer, albeit sharp, increase in factory orders and output, while business confidence towards the year-ahead outlook strengthened. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56 in November to an 18-month low of 54.9 in December.
The Lander and the Rover have scientific payloads to carry out experiments on the lunar surface. The main function of the Propulsion Module (PM) was to carry the Lander Module (LM) from the launch vehicle injection till final lunar 100 km circular polar orbit and separate the LM from PM, which it did.
BSE has informed the members of the exchange that a special margin of 25% has been imposed on purchases and sales of Sarang Chemicals Ltd with effect from Friday.
Tamil Nadu Governor R N Ravi has sought an action taken report from the state government over the twin hooch tragedy that claimed 21 lives, a government source said on Thursday.
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
Indicating that an attack on Syria is imminent, United States President Barack Obama has declared that the America had an obligation to punish Damascus for allegedly using chemical weapons and said a possible military strike would be limited "with no boots on the ground".
Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.
Glenmark plans to start selling its anti-diarrhoea drug, Crofelemer, by the first-half of 2010 across the globe, except in North America, Europe, Japan and China, the company said. The confidence to sell the drug ahead of its rivals comes as the Crofelemer's original developer, Napo Pharmaceutical Inc, recently entered into a tie-up with a US-based drug maker, Salyx, for selling the drug in the US market, paving the way for Glenmark to sell it in the rest of the world.
The case of the death of Sunanda Pushkar, wife of Congress leader Shashi Tharoor, reached a new stage with the FBI endorsing the AIIMS report of poisoning.
As India's first solar exploration satellite reached space, four Kerala public sector undertakings, including Keltron, have reason to be delighted as they too have contributed to this achievement by the country. Various products indigenously developed and manufactured by the four PSUs - Keltron, Steel and Industrial Forgings Limited (SIFL), Travancore Cochin Chemicals (TCC) and Kerala Automobiles Ltd (KAL) - have been used in the Aditya L1 mission. This milestone achieved by the PSUs was highlighted by state Industries Minister P Rajeev in a Facebook post.
