'Indian private universities can provide world-class education at one fourth the cost, home comforts, and direct links to Indian and global industries.'
The Securities and Exchange Board of India's (Sebi's) six-step plan to curb retail participation in speculative index derivatives may lead to a substantial drop in volumes - potentially by 30-40 per cent. These measures aim to reduce excessive speculation in the futures and options (F&O) segment, where daily turnover often exceeds Rs 500 trillion and retail investors end up on the losing side of the trade more often. Sebi has decided to increase the contract size from Rs 5 lakh to Rs 15 lakh, raising margin requirements and mandating the upfront collection of option premiums from buyers.
The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.
Institutional investments in Indian real estate have seen a strong start to 2025, with inflows reaching $ 1.3 billion in the first quarter - a 31 per cent year-on-year (YoY) increase. This growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the quarter. With $ 0.8 billion inflows, domestic investments saw a 75 per cent annual rise and were largely focused on industrial & warehousing and office segments.
Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.
Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. The 30-share BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02.
Eternal (formerly known as Zomato) reported a net profit of Rs 39 crore for the fourth quarter of FY25, down 77.7 per cent year-on-year from Rs 175 crore in the same period a year ago. On a sequential basis, profit was also down 33.8 per cent from Rs 59 crore in the preceding quarter (Q3FY25).
Safiullin upsets Muller, Moutet through in Mallorca
Successive elections since 2019 have proved that the Modi charisma and Shah's strategy does not work in Tamil Nadu. Now, they have to see next year if the DMK is capable of losing, whether to an existing NDA alliance or an expanded version, if one becomes necessary and possible!, explains N Sathiya Moorthy.
About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.
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'I don't have to 'kill' my best friend (on a reality show) and not even apologise.'
French veteran Richard Gasquet was also among eight men given wild-card entries.
It's an action-packed week on OTT. Fasten your seat belts and check out these options from Sukanya Verma.
'It's clear that fans are eager to be part of the live stadium experience, reflecting a growing trend of travel driven by marquee sporting events.'
'Dharmendra was paying a little extra attention to me and she didn't like it.'
Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'
Royal Challengers Bengaluru accomplished an unprecedented milestone with victory over Lucknow Super Giants on Tuesday, winning all seven away matches this IPL season. They are the first-ever team to brag an unbeaten away record in a season that follows the home-and-away format.
Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.
World number one Jannik Sinner's bid for a second Grand Slam title continued to gain momentum as he thumped Christopher O'Connell 6-1, 6-4, 6-2 on Saturday to reach the US Open fourth round.
'She didn't think she'd die. It was just a trend -- a video. But it took her away in seconds.'
Royal Challengers Bengaluru beat Lucknow Super Giants by six wickets and secured place in IPL Qualifier 1.
'Very rarely does a film give you the opportunity to do this, I was constantly improvising and adding scenes on the set.'
Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."
Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.
An IndiGo flight from Delhi to Srinagar encountered severe turbulence after a sudden hailstorm. The pilot requested permission from Lahore Air Traffic Control to use Pakistani airspace to avoid the turbulence, but the request was rejected. The flight, carrying over 220 passengers, including Trinamool Congress MPs, landed safely at Srinagar Airport. The incident is being investigated by the Directorate General of Civil Aviation (DGCA).
Pratik Gandhi and Patralekhaa stepped out to watch their new film, Phule, at a special screening in Mumbai.
Gujarat Titans messed up on a golden opportunity to seal a top two spot in the league table as Lucknow Super Giants earned a consolation 33-run victory.
If you disregard history and are ready to watch Kesari 2 purely as an entertainer, you are definitely going to enjoy it, feels Utkarsh Mishra.
It took Udham Singh 21 years to avenge the massacre of Jallianwala Bagh. And 34 years for his remains to return to India after execution in a British prison.
The grilling of Brigadier-General Dyer by Akshay Kumar's Sir C Sankaran Nair, as shown in Kesari 2, is purely an imaginary sequence, proves Utkarsh Mishra.
Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.
The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.
After several years of consolidation and price weakness, the cement industry may be moving towards a more stable phase. Pan-Indian, average cement prices have risen through the past three months consecutively.
The 81-year-old Biden and his family are currently consulting with doctors to determine the best course of action.
Oscar-winning Producer Guneet Monga Kapoor made her mark on Cannes 2025 by launching a new initiative that spotlights three rising women producers from India, part of her newly-established Women in Film India chapter, reported Variety.
A 4.6 magnitude earthquake shook parts of Pakistan on Monday with the epicentre located close to a prominent faultline in its Punjab province, the director of the National Center for Seismology (NCS) said.
A must read for a generation that grew up on his novels.
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