In a move aimed at consolidating its Indian operations, Swiss cement major Holcim will increase its control in ACC and Gujarat Ambuja Cements for close to Rs 2,700 crore (Rs 27 billion).
Smriti Mandhana, who has 738 rating points, is the top-ranked Indian batter in the 50-over format while skipper Harmanpreet Kaur retained her ninth position.
He will succeed incumbent Rajiv Gauba, who completes his unprecedented five-year term in the top bureaucratic post this month-end.
Ayush Badoni showed his wide repertoire of strokes as India cantered to a six-wicket victory over Oman
Adani group stocks faced heavy drubbing during the early trade on Thursday, with Adani Energy and Adani Enterprises tumbling 20 per cent, as billionaire Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay $250 million bribe to Indian officials in exchange for favourable terms for solar power contracts. The stock of the group's flagship firm Adani Enterprises plunged 20 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 19.17 per cent, Adani Total Gas tumbled 18.14 per cent, Adani Power slumped 17.79 per cent, and Adani Ports dived 15 per cent on the BSE.
At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.
Swiss cement maker Holcim, which had made an open offer to pick up 36.20 per cent shares of ACC, would also buy out the stakeholding of US-based AIG and GIC of Singapore in Ambuja Cement India Limited
The BCCI president replaces Bangladesh Cricket Board president Mohammed Ali Asghar, whose two-year term ended.\n\n
'Cricket has been included in the 2028 Olympic Games as well. So the organising committee is very keen on including that in the 2026 Asian Games as well.'
Lucknow Super Giants (LSG) on Thursday announced that they have retained Nicholas Pooran, Mayank Yadav and Ravi Bishnoi alongside uncapped stars Mohsin Khan and Ayush Badoni ahead of the Indian Premier League (IPL) 2025 season.
Pakistan dished out a strong top-order display to put up 267 for seven on the board after opting to bat.
Ultratech Cement's acquisition of a 23 per cent stake in Tamil Nadu-based India Cements is another instance of growing consolidation in the cement market in India. The deal will raise Ultratech's share, based on India Cements' revenues in FY24, in the domestic market by 230 basis points if the latter is formally acquired by the former in due course. India Cements' share was up 11.5 per cent on Thursday on market expectations of an open offer.
Haryana seamer Anshul Kamboj is only the third bowler in the history of Ranji Trophy to take all 10 wickets in an innings.
The government on Tuesday appointed C S Setty as chairman of the country's biggest lender State Bank of India (SBI) for a period of three years. Setty, currently senior most MD of the bank, will replace incumbent chairman Dinesh Kumar Khara on August 28.
PCB's senior officials will travel to Singapore to take part in an Asian Cricket Council meeting, hoping to get some confirmation from the BCCI on resumption of bilateral series between the two countries.
Asia Cup matches likely to be shifted out of Colombo after heavy rains
In view of the prevailing weather conditions, the ACC decided to add an exclusive reserve day for the Super 4 match between India and Pakistan.
The golf leaderboard saw the name Woods' after a long time on Sunday, when Tiger Woods' niece grabbed her first ACC women''s individual title, after finishing a career-best 5-under par.
India need victory big enough to boost its net run-rate (NRR) when they face Sri Lanka on Wednesday.
Mohsin Naqvi stated that there are no concerns about BCCI secretary Jay Shah becoming the International Cricket Council (ICC) chairman.
Featuring in the T20 World Cup for the third time, Oman on Wednesday named Aqib Ilyas as their skipper for the upcoming edition of the tournament, which will be held across June in the USA and West Indies.
Indians mounted daring escapes during World War II too. But they are forgotten.
None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. In a post on X, Singh said the group would make a detailed comment on the US indictment once it gets counsel approvals.
The production linked incentive scheme (PLI) for automobile and auto components has so far attracted a proposed investment of Rs 67,690 crore, said Economic Survey 2023-24 tabled in Parliament on Monday. A capital of Rs 14,043 crore has been invested till end-March 2024, it stated. Applicants have proposed employment generation of 1.48 lakh, against which 28,884 of jobs have been generated till March 31, 2024, the Economic Surevy 2023-24 stated.
After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March 2025, according to management commentary. Minutes from the October monetary policy meeting show the Reserve Bank of India's (RBI's) optimism about private investments picking up.
The government on Thursday reappointed former IPS officer Ajit Doval as the National Security Adviser (NSA), according to an official order.
Richard Thompson, have suggested that staging the Champions Trophy without powerhouse India is not an option and there are "contingencies available" if Rohit Sharma's team doesn't travel to host country Pakistan.
The incident took place in the third over of the Nepal chase on Sunday when Tanzim had a verbal spat with Nepal skipper Rohit Paudel
The ICC has approved a budget of approximately USD 70 million for holding the Champions Trophy in Pakistan early next year.
Bangladesh's ousted Prime Minister Sheikh Hasina has launched a scathing attack on the interim administration, accusing Chief Adviser Muhammad Yunus of running a "fascist regime" that persecutes minorities and allows terrorists to operate freely. Hasina, who is currently in India, made the remarks in a virtual address to overseas Awami League supporters, vowing to bring Yunus and his allies to justice for alleged atrocities. Her comments come ahead of a visit by India's Foreign Secretary to Dhaka, where he is expected to raise concerns about the safety of minorities in Bangladesh.
ACC president Jay Shah attributed the body's decision to host Asia Cup matches in Sri Lanka on teams' reluctance to play ODIs in the UAE heat.
ACC's decision clears the way for Pakistan's participation in the subsequent 50-overs World Cup in India in October-November.
There has been a sharp slowdown in revenue and profit growth in the cement sector in recent quarters but it is yet to show in the share prices of cement companies. On the contrary, there has been a rally in cement stocks and a re-rating of their equity valuation in the past three years despite an earnings contraction during the period.
The PCB will try to get more matches of the Asia Cup to be staged in Pakistan when the ACC board meets in Dubai on Sunday.
The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.
