'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.
Earlier in May, Ford India announced that it had dropped its plans to make electric vehicles (EVs) in India, which it intended to export, under the production-linked incentive scheme (PLI). Ford was among 20 companies that had signed a Champion OEM Incentive Scheme under the PLI project with the government in February this year. The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat. In September last year, the company had announced that it would exit the India market, which it had entered in 1995 through an on-again, off-again joint venture with Mahindra & Mahindra (they split in 1998, signed a JV in 2019 and split again in December 2020), retailing petrol and diesel brands such as the EcoSport, Figo, Aspire, and Endeavour.
After a stellar run that saw the frontline indices - the S&P BSE Sensex and the Nifty 50 - clock gains of around 21 per cent and 24 per cent respectively in calendar year 2021 (CY21), the year gone by in real sense belonged to the mid-and small-cap segments. Thus far in CY21, the mid-and small-cap indexes on the BSE have far outpaced the run in the frontline indices and notched up a gain of around 38 per cent and 61 per cent, respectively during this period. Though analysts expect the outperformance to continue in 2022, they caution against the multiple headwinds in the year ahead that may dent the overall market sentiment.
'The recent correction in indices has made the markets cheaper to invest for the long term.'
Tata Motors, India's third largest passenger vehicle maker, took pole position in the competitive sport utility vehicle (SUV) market in October, reveals the data from industry sources. Riding high on the Punch - the sub-compact SUV offering launched on October 18 - the Tata group flagship sold a record 23,381 units in October, higher than 20,022 units sold by archrival Mahindra & Mahindra, 18,538 units sold by Hyundai Motor India, and 15,931 units sold by Kia Motors India. Utility vehicles - that include SUVs and multipurpose vehicles - accounted for almost one in every two passenger vehicles sold in India in the first seven months of the current financial year, according to the Society of Indian Automobile Manufacturers.
They are the ones behind the actor's gorgeous bridal look.
'Indices will remain range bound in 2022 as earnings catch up with the current multiples.'
After a stellar run in 2021 that saw the S&P BSE Sensex and the Nifty50 clock gains of 20 per cent and 22 per cent respectively, global equity markets, including India, are gearing up to welcome 2022 on a cautious note. For one, new variants of the Covid -19 infection that make current vaccines less effective is one of the key risks worth flagging, analysts said. Inflation was also a risk for this asset class in 2021, although most market participants expect that the current elevated inflation levels will be transitory.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
Investors with high risk appetite must stay invested while risk-averse investors can consider profit booking.
The Supreme Court Monday allowed Mumbai Police to carry on the investigation against former police commissioner Param Bir Singh but restrained it from filing charge sheets on the first information report (FIRs) against him over the allegations of misconduct and corruption.
US bank Citigroup on Wednesday announced the sale of its Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans, to private lender Axis Bank for Rs 12,325 crore, as part of its plans to exit retail operations in 13 markets.
'Sectors that had been left out till now will also start participating in the rally.'
Quite a few superstars are bringing their big releases to the big screen this month.
Dentist Puneet Mehra, 35, said that the Indian Embassy in Beijing informed him on Monday that the transportation of his mother's body has got delayed in view of the restrictions on movement of people and vehicles in China after the outbreak of coronavirus epidemic in the neighbouring country.
Do you think Yami Gautam and Vikrant Massey will look good together on screen?
'Young working adults between 25 and 34, who are in Indian Tier II and III cities, are leading the charge in terms of crypto adoption.'
'Investors should keep them on their radar and invest over a longer time frame, and expect some of these companies to bite the dust.'
'We remain positive on technology, private sector financials, gas, infrastructure, and export-oriented plays.'
We asked you to share pics of your furry companions. This is what our readers shared.
Punjab Cricket Association has requested former India all-rounder Yuvraj Singh to come out of retirement and become a player-cum-mentor of the Punjab team in domestic cricket.
The issue also underscores the growing scrutiny by investors and voting advisory firms of the performance of board members.
'Had I stayed longer inside the house, the game would have become dirtier. There is no mental peace in the house. The housemates need to understand mental peace; everything is not about fighting and howling.' Puneet Vashist discusses his short stint in Bigg Boss 9.
The left-hander smashed a 113-ball 151 (8x4, 10x6) to power Madhya Pradesh to victory.
It is a 'very disturbing' scenario in Maharashtra where former police commissioner Param Bir Singh does not have faith in his own force and the state government has no faith in the Central Bureau of Investigation, the Supreme Court said on Tuesday.
MP was a good team but it was Pandit, who brought about changes that were required to transform it into a champion team
Ahead of the peak festive season, India's passenger vehicle makers are staring at a cumulative order backlog of nearly 500,000 units as chip shortage continues to cripple production. The crisis is forcing companies to change their production plans frequently and take a call on the variants they can manufacture based on the availability of semiconductors. The booking numbers are not a true reflection of demand, said manufacturers.
The mood at the Hotel Investment Conference South Asia (HICSA), the annual hospitality industry conference was rather upbeat. But hotel brand operators and owners remain cautiously optimistic of the outlook and are living on a hope that a third wave of the pandemic doesn't become a reality. Having just survived the unprecedented zero revenue situation, the two day confrence organised by consulting firm Hotelivate, was dotted with anecdotes and best practices adopted by the hotels of all hues.
The Race 3 crew celebrate Ramesh Taurani's birthday.
'The markets have corrected almost 8-9 per cent from their highs, so one can accumulate quality stocks at reasonable prices.'
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'
'There is a popular forward doing the rounds in Bangalore now, about Appu, that says, 'Kaanadanthe Mayavaadanu Namma Shiva, Kailasa Serikondanu' (our Shiva disappeared from sight and reached heaven.)' 'These are the words of a popular Kannada song that Appu sang as a child.' 'Nobody expected that he would actually live out the words of his song some day.'
'Some of the launches may get deferred due to the semiconductor shortage, which is unlikely to get resolved before the second half of 2022.'
A look at the new batchmates in Student Of The Year.
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
'Good investment opportunities should not be missed.'
For Mahindra & Mahindra (M&M), which has just started executing a comeback strategy for wresting back ground it lost to rivals, this could not have come at a worse time. The maker of the Bolero Neo and the Thar models on Thursday said it would have to halt production at its automotive plant for a week due to the worsening supply situation of semiconductors.
Salian, 28, died on June 8 this year after falling off the 14th floor of a residential building in suburban Malad, following which the the city police had registered an Accidental Death Report.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances