Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. This marks the first inclusion of any Adani Group firm in Sensex. The group has 10 listed firms with a combined market valuation surpassing Rs 17 lakh crore.
Shreyas Iyer would be aiming to revive his start-stop international career, while Ishan Kishan would aim to clear the popular perception about his allegedly 'misplaced priorities'.
Hasan Mahmud grabbed the spotlight with a three-wicket burst in the first session, which rocked a famed batting line-up comprising heavyweights Rohit Sharma and Virat Kohli and Shubman Gill.
It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.
'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'
India and Iran on Monday signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran, a move that will boost regional connectivity as well as trade ties. This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
Gautam Adani had in the late 1970s applied to join a Mumbai college for education, but the college rejected his application. He did not pursue education but turned to business and went on to build a $220 billion empire. About four-and-a-half decades later, he gets called to the same college to deliver a lecture to students on Teachers Day. Adani had moved to Mumbai at the age of 16 and started working as a diamond sorter.
More than 80 per cent of Indians live in districts vulnerable to climate risks. Among these, Assam, Andhra Pradesh, Maharashtra, Karnataka, and Bihar are the most vulnerable states to extreme climate events.
'The more educated a young person is, the higher the chances of him or her remaining unemployed.'
M&M was the biggest gainer in the Sensex chart, rising 6.51 per cent, followed by NTPC, PowerGrid, SBI, HDFC Bank, Asian Paints and Wipro. In contrast, Axis Bank, ITC, HUL, Nestle India and Sun Pharma were among the laggards.
Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.
Three different invitations were sent out for the wedding and the receptions with top-run guests being sent a large red box that contained an intricate chest incorporating a mini silver temple featuring gold idols of various Hindu deities, including Lord Ganesh, Radha-Krishna, and Goddess Durga.
Tanmay's 300 came off just 147 balls with 31 fours and 20 sixes. He broke the record held by South African batter Marco Marais (300 off 191 balls).
Forest and tribal rights activist Alok Shukla will on Friday receive the prestigious Goldman Environmental Prize -- 2024 for successfully leading a community campaign that saved 4.45 lakh acres of biodiversity-rich forests from 21 planned coal mines in Chhattisgarh.
Rahul Dravid's tenure as India Head Coach, which ended gloriously with the T20 World Cup triumph in Barbados on Saturday, will remain a case study on how to be stately and understated at the same time in modern-day cricket coaching.
Former India captain Sourav Ganguly has said wants Virat Kohli to win the Asia Cup, which he believes would help regular skipper Mahendra Singh Dhoni to come out of his comfort zone and reinvent himself as a captain.
With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal
India's tactical and operational response demonstrated its ability to prosecute tri-service operations, even without a formal tri-service doctrine or the higher command structure needed to coordinate it, points out Ajai Shukla.
Saina Nehwal and Chetan Anand led the charge as India got off to a flying start in the Thomas and Uber Cup Asian Zone qualifiers, with both the men's and women's teams notching contrasting victories over Sri Lanka and Hong Kong respectively, in NakhonRatchasima, Thailand, on Monday.
About 25,000 protesters on Sunday, a month after Qadri was hanged for shooting Taseer, prayed for him in Rawalpindi, and then marched towards Islamabad's Red Zone, breaking barriers that had been erected.
Markets
Amazon Web Services (AWS) will invest nearly $4.4 billion (Rs 36,000 crore) in India by 2030 and support more than 48,000 jobs externally through a new regional service launched on Tuesday, said the on-demand Cloud computing company. AWS Asia Pacific (Hyderabad) is the company's second infrastructure region in India, six years after it opened its first Cloud region in Mumbai in 2016. The Hyderabad region will give customers access to AWS technologies for data analytics, security, machine learning, and artificial intelligence.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
It also showed that a side placed 102nd in the FIFA World Rankings can thwart a team placed 77 places above them. And India did keep the mighty Aussies out for 50 minutes before a fatal error saw the Blue Tigers punished after all the good work.
Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies, as the ports-to-energy conglomerate continues to work on a claw back strategy after being hit by damaging reports. The promoter group has increased stake in flagship Adani Enterprises to 71.93 per cent from 69.87 per cent, according to stock exchange filings. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses.
The Wall Street major Morgan Stanley has upgraded India to "standout overweight" citing that the relative economic and earnings growth is improving and the macro-stability setup looks sufficient to withstand the higher real rate environment. "India remains standout overweight. "We increase our overweight stance on Indian equities and as our most-preferred emerging market," the brokerage said in a note on Friday.
Adani Ports and Special Economic Zone will prepay $195 million of debt due in 2024 as the conglomerate helmed by Gautam Adani looks to boost investors' confidence post being targeted by a US short-seller. In a stock exchange filing, APSEZ said it will buy back $195 million of bonds due in 2024 using its cash reserves. Out of the $520 million principal outstanding, $325 million will be left after the buyback, it said.
Despite the presence of world number four Saina Nehwal, India's women shuttlers were blanked 0-5 by China in the Uber Cup (Asia Zone), while the men's team went down 2-3 after a valiant fight against Indonesia in the Thomas Cup in Macau.
The Indian pacers' workload will have to be carefully monitored during the upcoming World Test Championship series against South Africa and England comprising seven Tests, said bowling coach Paras Mhambrey.
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
"A number of Indian IT companies that were looking at long-term investments in the region, as a second and third level investment zone, will have to now re-look plans," said Ameet Nivsarkar, vice-president for global trade and development, National Association of Software and Services Companies (Nasscom).
Asia's first Special Economic Zone, the Kandla Special Economic Zone (KASEZ), will go completely wi-fi in the next few months.
Ajay Jayaram led India to a 5-0 whitewash of hosts Macau in the Thomas Cup, but it was a losing start for the Indian women's team, which lost 2-3 to Malaysia, in the Uber Cup Asia Zone tournament on Tuesday.
Chetan Anand lost his singles match but India still rolled over hosts Thailand and topped their group after Arvind Bhat and RMV Gurusaidutt won their respective matches in the Thomas Cup (Asia Zone) qualifiers in Nakornratchasima on Wednesday. India, who won 3-2, had earlier stream-rolled Sri Lanka and Combodia in the tournament.
Saina Nehwal's win was the lone consolation for the Indian eves, who were outplayed 1-4 by formidable Japan in their second league encounter of the Uber Cup (Asia Zone) badminton tournament in Nakornratchasima, Thailand on Tuesday.
India's solidarity with the Palestinian cause dates back to Mahatma Gandhi's time and its rising global stature and influence over all key players in West Asia make it well-placed to play a crucial role in defusing the crisis arising out of the Israel-Hamas conflict, Palestine Ambassador Adnan Abu Alhaija said on Tuesday.
Saina Nehwal and Trupti Murgunde won their respective singles matches but India still could not get past formidable Japan and settled for the fourth place in the Uber Cup Asia Zone qualifiers in Nakhon Ratchasima, Thailand on Sunday.
India's flamboyant batsman Virat Kohli has conceded that the Pakistani attack he faced in the Asia Cup T20 was one of the most challenging spells of fast bowling but nonetheless expressed delight that his side had the last laugh as he guided India to a five-wicket victory.
