FMCG major Britannia Industries' results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) were received enthusiastically by the market with the share going up by 6.7 per cent on Monday to close at Rs 5,061.60 on the BSE. However, analysts said the results were in line with margins, and disappointing in terms of revenue growth. The consolidated net sales (excluding other operating income) rose 3 per cent year-on-year (Y-o-Y) to Rs 4,010 crore in Q4.
Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.
Former MLA Harshwardhan Sapkal has been appointed as the new president of the Maharashtra Pradesh Congress Committee (MPCC), tasked with reviving the party in the state after its crushing defeat in the last year's assembly polls. Sapkal, a veteran politician, replaces Nana Patole, who held the position since 2021. The Congress aims to rebuild its base and prepare for upcoming local body polls, including those in Mumbai, Pune, Thane, and Nagpur. The party will also need to work with its allies, the Shiv Sena (UBT) and NCP (SP), to strengthen the opposition against the ruling BJP-led alliance.
Mumbai International Airport (MIAL) has proposed a significant increase in User Development Fee (UDF) for international passengers, while domestic passengers will be charged a UDF for the first time. However, MIAL also proposed a 35% reduction in landing and parking charges, aiming to balance infrastructure development with cost-effective air travel for airlines. The new tariff structure is subject to approval by the Airport Economic Regulatory Authority (AERA).
February has some promising original content streaming on OTT.
When you are under social, peer, parental, sibling, marital pressure to buy a house direct them to this article, says P V Subramanyam
'You think: Did I fail the people I had to let go? Did I promise something I couldn't deliver? That day (when we had to sack 70 people) will stay with me.'
'The favourable rupee-dollar exchange rate, there are opportunities we can tap.'
Food budgets in urban areas spent less on protein as compared to beverages and processed foods, reveals the Household Consumption Expenditure survey data for 2023-24.
Just when it seemed that Bollywood had recovered with multiple big hits in 2023, it all came down in 2024 with a flurry of flops, disasters and mega disasters.
'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'
Take purposeful breaks, practise self care, advises Sweta Bothra, lead psychologist at Amaha Health.
Wedding photography is pushing the limits of creativity with photoshoots around the world.
England skipper Jos Buttler expressed delight in Ben Duckett's record-breaking knock even as he hailed Australia for chasing down a massive total of 352 runs in the ICC Champions Trophy Group B match in Lahore on Saturday.
The 45-day Maha Kumbh 2025, billed as the world's largest gathering of humans, began on Monday with the first major bathing ritual or 'Shahi Snan' at the Sangam, the confluence of the Ganga, Yamuna, and Saraswati rivers in Prayagraj, India. This edition of the Kumbh is being held after 12 years, with the Uttar Pradesh government expecting over 35 crore devotees to visit. The event is being touted as a 'Digi-Kumbh' with Artificial Intelligence (AI) being used for various aspects, including security and cleanliness. The Maha Kumbh will be held from January 13 to February 26, and is expected to transform the area into the world's largest temporary city. Thirteen Akharas of seers from different sects are participating in the event, attracting attention from those seeking to learn about Indian spiritual beliefs.
For India to transform into a high-income country with a projected gross domestic product (GDP) of $23-35 trillion, will need a sustained annual growth of 8 per cent to 10 per cent. This will be powered by India's demographic dividend, technological innovation, and sectoral transformation, according to the "India@2047: Transforming India Into A Tech-Driven Economy" report by Bain & Company and Nasscom. By 2047, the services sector is expected to contribute 60 per cent of India's GDP, while manufacturing will account for 32 per cent, both playing a pivotal role in economic expansion.
India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.
Shobha Warrier/Rediff.com travels to Pullampara to discover how it became India's first digital literate village.
'Binary fission will happen -- startups will lead to more startups.'
'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.
Manjrekar, who has played 37 Tests and 74 ODIs, is one of the most respected cricket analysts and when asked about the legendary duo's future in T20Is post World Cup, he felt that it could be answered by the players themselves or the national chairman of selectors.
'While I would never wish for anyone to go through what we are, it has brought out the best in us by making each one of us a better version of ourselves.' 'Being courageous, fighting for freedom, taking the burden of responsibility to help each other...' 'I know hundreds and hundreds of examples where Ukrainians are risking their lives for complete strangers and it is only in moments like this that we truly understand what it means to be human.'
Total payments in the economy grew 24.08 per cent to Rs117.43 trillion in value terms in June, compared to Rs94.64 trillion in May.
The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases with a view to bolstering India's digital economy, making payment systems more efficient, and checking money laundering. In a concept note on Central Bank Digital Currency, the RBI said CBDC is aimed to complement, rather than replace, current forms of money and is envisaged to provide an additional payment avenue to users, not to replace the existing payment systems. "Supported by state-of-the-art payment systems of India that are affordable, accessible, convenient, efficient, safe and secure, the Digital Rupee (e?) system will further bolster India's digital economy, make the monetary and payment systems more efficient and contribute to furthering financial inclusion," the paper said.
Digital services work best when the seller designs a system where default options are designed to help the buyer, says Debashis Basu.
The Indian government's announcement of 10,000 additional seats in medical colleges next year, part of a plan to add 75,000 seats over five years, has been welcomed by education experts and stakeholders. The move aims to address the shortage of medical professionals and reduce the outflow of Indian medical students to other countries. The budget also includes infrastructure expansion at five new IITs to accommodate 6,500 more students and an allocation of Rs 500 crore to set up a Centre of Excellence in Artificial Intelligence for education.
Start your digital detox today before irreversible damage to health and mental complications stalk your life, advises Ramesh Menon.
With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.
The Centre on Monday announced seven big programmes for the holistic growth of agriculture and allied sectors with a total outlay of nearly Rs 14,000 crore, as it aims to improve farmers' income. The Union Cabinet approved seven big-ticket programmes related to the farm sector, including a Rs 2,817-crore digital agriculture mission and a Rs 3,979-crore scheme for crop science. "The Union Cabinet, chaired by Prime Minister Narendra Modi, approved seven schemes to improve farmers' lives and increase their incomes at a total outlay of Rs 13,966 crore," an official statement said.
Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest "Future of Jobs" report released on Wednesday. The report, released days before the WEF annual meeting in Davos from January 20-25, notes that 35 per cent employers in India think that adopting semiconductors and computing technologies (compared to 20 per cent globally) will transform their operations while 21 per cent employers think that adopting quantum and encryption technologies (compared to 12 per cent globally) will also transform their operations.
'The touchstone is reciprocity which will be applied to friends and foes alike.' 'It will be a bitter pill to swallow.'
Who do you think should be part of India's playing for the third T20I against England on Tuesday?
Deepti Sharma did the star turn with career-best figures of 6/31 before doing her bit with the bat as India completed a 3-0 whitewash of the West Indies
'The government will carefully regulate and monitor the Digital Rupee, and because the currency is supposed to be tied to INR or supported by reserves, we should expect little fluctuation in pricing.'
With a heavy downpour preventing the resumption of play after the break, the match was abandoned and the series remains locked at 1-1.
Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.
'The July 30 theatrical release seems next to impossible.'
As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.
Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10.
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