MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.
For the BJP, Prime Minister Narendra Modi's big move to push through his 'one-nation-one-election' concept promises to be the big ticket idea which can disrupt conventional calculations and allow it to frame the upcoming Lok Sabha polls along helpful lines as the party believes the issue has the potential to catch popular imagination.
'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'
Billionaire banker Uday Kotak founded bank as well as brokerage created and oversaw an offshore fund used by an unnamed investor to profit from a plunge in Adani shares that followed a damning Hindenburg report, the US short seller said on Tuesday. Hindenburg Research, which had in a January 2023 report alleged stock market manipulations and accounting fraud at the Adani group, said it has received a show cause notice from the Indian markets regulator Sebi over gains made from betting on the conglomerate's shares.
Bollywood actor-producer and Salman Khan's brother Arbaaz Khan was on Friday summoned by the Thane police for questioning, in the Indian Premier League betting scam.
These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.
United States President Barack Obama claimed credit for the policies employed by his administration to tackle the global economic crisis during a visit to an auto plant rescued from bankruptcy with federal aid on Tuesday, where he warned the world not to bet against America.
While the Slavia comes in eight different variants, it's the base model that starts at around Rs 10.7 lakh that is most likely to take a bite out of the market share of its competitors, says Pavan Lall.
The same bunch of people, doing the same things does not make for a satisfying sequel; the added subplots are hastily tacked on, and make no difference to the flow of the series.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.
Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India's (RBI's) monetary policy committee (MPC) in December, a rate cut in February also looks uncertain due to global uncertainties. Economists told Business Standard that unless domestic growth slows markedly, the outlook on rate cut remains unclear. India's headline inflation touched a 14-month high of 6.2 per cent in October, breaching the MPC's upper tolerance band of 6 per cent.
'In Amit Shah's words, understand the chronology. The PM comes, the home minister comes and before that, the ED comes and then arrests (accused person) from a hotel. What was the Election Commission doing? How money reached here'
Prior to the strike, bookies were expecting 200-230 seats for the BJP in the coming polls, for which they were offering 1:1 odds (Re 1 win for every rupee bet). But now they are anticipating 245-251 seats for the party and over 300 for the NDA, more than enough to form the next government, reports Rajesh Bayani.
Brokers believe that the higher charges may not completely deter investors from taking bets in F&O but could help cool down some activity, as the threshold to break even rises.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
Two teams with fault lines in their batting, up against two of the best bowling sides in the game today -- the question that determines the outcome is, is your weakness greater than mine?
The organisers of the Chennai Open unearthed a betting racket, the members of which allegedly belong to an international betting syndicate.
Despite the narrowing spread of yields between the benchmark 10-year Indian government bond and the 10-year US Treasury bond, foreign portfolio investors (FPIs) are continuing to invest in the domestic debt market this year -- a trend backed by a stable currency and a less volatile bond market. FPIs have been net buyers in the debt market in 2023 so far, marking the first time since 2019. The yield spread between the 10-year Indian government bond and the 10-year US Treasury note stood at 3.14 per cent on August 8 - the narrowest in over a decade.
10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.
Analytics and big data are the latest buzz words of the technology industry. But one company that is betting big on analytics is International Business Machines Corp (IBM).
On a five-day rolling basis, FPI selling is the highest in 24 years.
'Allocate up to 20 per cent of your core equity portfolio to quality funds.'
'Those betting against PSUs will likely be punished in this upswing.'
'All competitors are sourcing within the country, so we'll be at the same level of competition.'
'No political party can antagonise Ambedkarite voters, particularly the neo-Buddhists.'
It said a "sudden rise" in terrorist-financing investigations was seen in 2023 and this was attributed to events arising out of incidents in Manipur that led to such probes in more than 50 cases.
In the video, a man identifies himself as Shubham Soni and claims he is the owner of the Mahadev Book betting app.
The Delhi police has busted five betting syndicates in the past fortnight, with betting amounts totaling to a swaggering 5.13 crore.
Wipro has once again chosen to bet on an insider who has grown through the ranks to lead the company. Srini Pallia has spent over three-decades at Wipro and it's the only company he has ever worked with. Till now, Pallia was heading the Americas-1 unit.
Automobile retail sales in India declined 9 per cent year-on-year in September amid a massive buildup of passenger vehicle inventory due to sluggish demand, dealer's body FADA said on Monday, urging original equipment manufacturers to take corrective steps. The overall registrations declined to 17,23,330 units last month from 18,99,192 units in September 2023, as most of the categories including passenger vehicles and two-wheelers witnessed a year-on-year (Y-O-Y) drop.
The two teams last met in the ODI World Cup in 2023. It was in Mumbai where Glenn Maxwell had played a once-in-a-generation knock to notch up a sensational double hundred while battling cramps all over his body, with Pat Cummins in tow who provided sturdy support from the other end.
Norwich City and Northern Ireland striker Kyle Lafferty has been charged with a betting offence, the Football Association said on Friday.
They are understood to have promoted the Mahadev app and some had entertained guests at a wedding of a promoter of the app (application) that was held abroad.
"In his conversation with bookie Mukesh Kochar, we found Samuels talking about general things like order of the batsmen and arrangement of fielders," Pasricha said.
For the team management, it is a choice between a younger man's (Sarfaraz) flamboyance and fearlessness versus a seasoned campaigner who has been a Test captain and is part of the national set-up for a decade now.
'Future market gains will likely depend primarily on earnings growth.'
It did not clarify what the breach entailed but that it had occurred in July 2019, around the time Trippier joined Atletico Madrid for a reported 20 million pounds ($25 million).
Amid a rush of sport utility vehicle sales, Volkswagen is betting on its premium mid-sized sedan - the Virtus - to gain market share in India. The Volkswagen Virtus is the second product under the India 2.0 project being developed on the MQB-A0 IN platform, with up to 95 per cent localisation levels. In February, the company registered an 84 per cent year-on-year growth in sales, primarily driving on the Taigun it launched last year.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
