Passenger Vehicle makers are likely to see their cumulative earnings at an operating level erode by Rs 1,800-2,000 crore in the year ending March 2022 on account of the shortage of semiconductors, rating agency Icra said at a webinar on Wednesday. The industry, it pointed out, is estimated to lose production of 500,000 units at the end of FY22 due to the chronovc shortage the chip, which is critical in safety, entertainment and the various other smart features of a car. "In absence of the chip crisis, the industry volumes are likely to have exceeded the all-time peak annual volumes." Icra has pared its growth estimates for the PV market from the earlier 10-14 per cent to 8-11 per cent now in FY22.
Bopanna had won this event with compatriot Divij Sharan in 2019.
The actor unveils her wild and carefree style on the latest magazine cover.
India had mixed fortunes at the US Open on Friday. Rohan Bopanna advanced to the men's doubles second round partnering Denis Shapovalov, but Leander Paes, teaming with Guillermo Duran, made a first-round exit.
Iyer's teammate pacer Bhuvneshwar Kumar jumped three spots to 17th on the bowler rankings, while former captain Virat Kohli, who was rested for the Sri Lanka T20Is, fell out of the top 10 - he dropped five places to 15th.
India's Rohan Bopanna and his Romanian partner Marius Copil bowed out of the French Open after losing in the third round of the men's doubles, in Paris, on Sunday.
Sonny Ramadhin, the mystery spinner from Trinidad who bamboozled England in 1950 and the first Indian to play for the West Indies, passed into the ages on Sunday, February 27, 2022.
The unseeded duo of Bopanna and Shapovalov lost 6-7 (3-7), 6-7 to the Dutch combination of Robin Haase and Wesley Koolhof
It was the first time in open era that two Indian teams competed against each other at a Grand Slam tournament.
India's campaign at the US Open came to an end after Rohan Bopanna lost in the men's and mixed doubles, in New York, on Sunday. India's top-ranked men's doubles player and his Canadian partner Denis Shapovalov lost 3-6, 4-6 to 15th seeds Neal Skupski and Jamie Murray of Great Britain in a second round match that lasted 75 minutes.
Bopanna-Copil registered a 6-4, 6-4 win over Bengamin Bonzi and Antoine Hoang
Divij Sharan and his Serbian partner Nikola Cacic fought hard before going down in three sets
India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.
Meet the man who makes Bollywood look good!
India's Priya Mohan narrowly missed out on a medal after finishing fourth in the women's 400m final at the Under-20 World Athletics Championships in Nairobi on Saturday.
Shahrukh Khan however changed the complexion of the game as he smashed 33 runs off just 15 balls, taking Tamil Nadu to a four-wicket win.
The Goa Congress faced a spate of resignations and confusion prevailed over its alliance with like-minded parties for the upcoming polls in the coastal state as the opposition party was getting ready for a series of meetings by general secretary Priyanka Gandhi Vadra on Friday.
Taking cognisance of attacks on the minority community, the National Commission for Minorities sent a notice to the governments of Uttar Pradesh and Tripura seeking reports on the recent cases of violence against the minority community.
Two investment firms, together accounting for 17.88 per cent of the paid-up share capital of Zee Entertainment Enterprise Ltd (ZEEL), have sought the removal of the current managing director Punit Goenka from the board of the company. The two investment firms are -- Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, the largest shareholder of ZEEL. The two firms have called an extraordinary general meeting of shareholders seeking to remove Punit Goenka.
Veteran Leander Paes was, on Tuesday, dropped from the Indian Davis Cup squad for the World Group away tie against Serbia scheduled from September 14 to 16.
The duo did not receive the Arjuna Awards during the Award ceremony held last year on September 25 in Rashtrapati Bhawan, as they were out of the country taking part in international tournaments.
Congress general secretary and chief spokesperson Randeep Surjewala accused the BJP of pushing India into a dark age of religious polarisation to "subserve its parochial political agenda in the short term".
Hacked has plenty of highs for Hina Khan fans but apart from that, there's not much to look for in the film, says Moumita Bhattacharjee.
Umpire Paschim Pathak's swanky hairstyle has made him a huge hit on social media.
The Bombay High Court on Monday directed a local court to defer hearing on a defamation complaint filed against Rahul Gandhi beyond December 20, which means the Congress leader would not be required to appear before the latter on November 25 as instructed earlier.
'This man changed the mindset of a generation.'
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.
Divij Sharan has become not only India's number one but also the top-ranked Asian in the ATP doubles list with a recent three-place jump that took him to number 42 in the world.
Modern Love Hyderabad, even though predictable, is interesting in parts and keeps you entertained emotionally, observes Divya Nair.
Since 1954, the Bhasins have collectively flown every aircraft in India.
India's challenge in mixed doubles at the Wimbledon Championships ended with second round defeats of Divij Sharan and Rohan Bopanna, on Saturday.
Communist Party of India-Marxist general secretary Sitaram Yechury described it as a "brazen destruction of the foundations of our democracy".
Ankita's defeat means that no Indian will compete in the singles main draw of the clay court Grand Slam.
Bejoy Nambiar's gripping slice-of-mess about things spiraling out of control find an expression in a striking ensemble and volatile scenery, notes Sukanya Verma.
'We have been self-isolating in our rooms since this afternoon,' sources within the DC camp said.
The police claimed that Altaf, 22, had strangulated himself using a string from his jacket hood in the washroom of the police lock-up and said five policemen have been suspended for negligence in the wake of the incident on Tuesday.
Murray to practise with Djokovic in Rome before return from injury.
India's Divij Sharan and Ankita Raina crashed out of the Australian Open men's and women's doubles events respectively, after suffering straight set defeats in the opening round in Melbourne on Thursday.
Mithya fumbles to make headway towards truth or dare, observes Sukanya Verma.
At its meeting held on Friday, the company's board rejected the minority shareholders' demand and termed the requisition as "invalid and illegal". "In its meeting held on 1st October 2021, the board has arrived at a conclusion that the requisition is invalid and illegal; and has accordingly conveyed its inability to convene the Extraordinary General Meeting to Invesco Developing Markets Funds and OFI Global China Fund, LLC," ZEEL said in a statement.
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