The gauge for the performance of informational technology (IT) stocks soared nearly 5 per cent-most in nearly three years-as growth worries eased following a robust order book posted by bellwether Tata Consultancy Services (TCS). The Nifty IT index rose 4.5 per cent to close at 30,945. This was the biggest single-day gain since September 14, 2020. Industry titan TCS' shares rose 5 per cent to Rs 3,509.
'With Trump, the relationship was very transactional, whereas with President Biden it is very structured.'
Arrested in September 2019 by the Delhi police for making 'provocative statements' when Donald J Trump was on his visit to India, Dr Umar Khalid has now spent three years in jail without being convicted of an offence, points out Aakar Patel.
The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity (PE) firm Bain Capital for Rs 1,440 crore. The total valuation of the Adani financial services business stands at Rs 1,600 crore. Gaurav Gupta, managing director (MD) and chief executive officer (CEO) of the Adani firms will hold the rest of the stake.
The Supreme Court on Monday refused to entertain a Public Interest Litigation seeking framing of guidelines to deal with incidents of suicide committed by married men subjected to domestic violence and the constitution of a 'National Commission for Men' to safeguard their interests.
'Not only are Muslim homes and shops being bulldozed, but the cops are filing random FIRs even against people who died two-three years ago, against those who have moved to neighbouring states since almost two years to work there.'
There is no question of a Brexit-like referendum on the abrogation of Article 370 in Jammu and Kashmir, the Supreme Court said on Tuesday, as it grappled with the question as to whether its repeal was constitutionally legal.
These include Gandhi Sagar Wildlife Sanctuary and Nauradehi Wildlife Sanctuary in Madhya Pradesh and Shahgarh Bulge, Bhainsrorgarh Wildlife Sanctuary and enclosure of Mukundra Hills Tiger Reserve in Rajasthan.
In its annual report on religious freedom, the USCIRF asked the US State Department to designate India as a "country of particular concern" on the status of religious freedom along with several other nations.
'We have not seen too many large deals compared to last quarter.'
With the number of start-ups reaching the unicorn level falling drastically in 2023, the Hurun Unicorn Index said it has demoted eight gazelles - start-ups that were founded in 2000 and have the potential to go to unicorn in three years - to cheetahs.
India scripted history as the ambitious third Moon mission of the Indian Space Research Organisation (ISRO) touched down on the Moon's south pole, propelling the country to an exclusive club of four and making it the first nation to land on the uncharted surface.
'The PCB will share the report with the ICC and BCCI if the delegation has any concerns.'
Competition Commission of India (CCI) has issued a show cause notice to the parties with respect to the proposed merger of Tata Group airlines Vistara and Air India, according to a source. The fair trade watchdog issues notice asking why an investigation should not be initiated only after forming a prima-facie opinion that the deal could adversely impact competition in the marketplace. Vistara and Air India are the two full-service carriers that are part of the Tata Group, and Singapore Airlines holds a 49 per cent stake in Vistara.
India on Thursday said it promotes engagement with Taiwan in several areas including trade and investment and Taipei's decision to open an economic and cultural centre in Mumbai should be seen in that context.
It pains former F1 driver Karun Chandhok to see that interest in motorsport in India has declined drastically.
Billionaire Gautam Adani-led group's renewable energy firm on Thursday announced plans to raise Rs 12,300 crore through a share sale to investors as the group continues to build on a comeback strategy to emerge out of allegations of fraud levelled by a US short-seller. Adani Green Energy Ltd in a stock exchange filing said its board has approved raising up to Rs 12,300 crore through an issue of equity shares by way of qualified institutional placement (QIP). The funds are intended to be used for meeting capital needs of the company's expansion plans.
The negotiations on cost and techno-commercial details relating to India's proposed procurement of 26 Rafale-M fighter jets and three Scorpene submarines from France are not yet concluded, sources said on Tuesday.
Modi met Biden for all three days between June 21 and June 23 during the Indian prime minister's state visit to the US.
'Government supplied public services are less likely to be found in neighbourhoods with high numbers of Scheduled Castes and Muslims.'
The case was registered against the veteran Bharatiya Janata Party leader by Lokayukta police in 2015 based on the report of the Comptroller and Auditor General of India.
'Yellow Bus is a heart-breaking story based on a real incident and will strike a chord with mothers across the world.'
Streamlining its delivery network and shifting focus back to the mass segment - at a time when competitors were struggling to restore normalcy in operations due to the pandemi - aided the firm's revival.
India's IT and business services market is expected to grow 5.4 per cent annually to reach $13 billion by December this year, research firm IDC said. The segment grew 5.3 per cent year-on-year (y-o-y) in January-June (H1) 2020 period as compared to 8.9 per cent growth in H1 2019, IDC said in a report. Of the IT and business services market, the IT services market contributed 77.4 per cent in H1 2020, growing 5.9 per cent y-o-y as compared to 9.3 per cent growth in the year-ago period.
The death of 40 per cent of cheetahs translocated from South Africa and Namibia to the Kuno National Park (KNP) in less than one year doesn't present a "good picture", the Supreme Court said on Thursday, and asked the Centre to not make it a prestige issue and explore the possibility of shifting the animals to different sanctuaries.
India's first-ever Olympic medallist in women's boxing Mary Kom has been honoured with the Global Indian Icon of the Year award at the annual UK-India Awards in Windsor.
The fight for freedom was long and hard and that is why it is important to go back to the monuments that celebrate those who fought the good fight.
'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'
The approval of the Asia Cup's schedule also meant that Pakistan would travel to India for the ODI World Cup in October-November. The arch-rivals are expected to face off at the world's largest cricket stadium in Ahmedabad on October 15.
Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.
JP Morgan has reiterated its negative stance on Indian information technology (IT) services and downgraded the sector to underweight (neutral earlier post Q4-FY23 numbers), as it believes the overall demand environment for the sector still remains weak. The research firm expects most companies in the sector to disappoint while announcing their first quarter numbers for the current fiscal (Q1-FY24). Among stocks, it has placed Infosys, TCS, MphasiS in its 'negative catalyst watch'.
Nadda accused the former Congress chief of insulting India, its Parliament, its democratically-elected government and people in Britain
The best, wisest, and fairest next step in strengthening our own cause is to restore statehood to Jammu & Kashmir and allow the resumption of robust political activity. That's a box that remains unchecked on the Modi government's report card as we approach the fourth anniversary of Kashmir's Constitutional shift, notes Shekhar Gupta.
At the invitation of Prime Minister Narendra Modi, President Xi Jinping and PM Shehbaz Sharif will attend via video conference, the 23rd meeting of the Council of Heads meeting of the SCO on July 4.
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