Conservative investors seeking equity-like tax benefits with low risk may go for them.
Reason for rejection hasn't been stated; deal among seven rejected transactions.
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000.
Yunus said his administration took over to carry out three mandates 'justice, reform and elections.'
The last time these two indexes recorded a negative performance on a calendar year basis was in CY19.
Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.
Daniil Medvedev jumped for joy in an uncharacteristically emotional celebration after holding off young Frenchman Arthur Fils for a 6-4, 2-6, 7-6(7) win amid gusting winds on centre court in quarter-finals of the BNP Paribas Open, at the Indian Wells Tennis Garden, on Thursday.
Government employees in Bangladesh locked down the main gate of the Bangladesh Secretariat in Dhaka, protesting a new service law that allows for easier dismissal of officials for misconduct. The protest, which lasted for about half an hour, disrupted government operations. The employees also threatened to continue their protests until the ordinance was scrapped. Meanwhile, the protest by employees of the Dhaka South City Corporation, demanding the installation of BNP leader Ishraque Hossain as its mayor, has brought administrative services to a halt. These protests, coupled with concerns raised by the business community and the military, highlight a growing sense of unease in Bangladesh over the policies of the interim government.
A robust show during the March quarter of 2024-25 (Q4FY25) and hopes of a strong demand momentum have led to an upward revision of Mahindra & Mahindra's (M&M's) earnings. With a slew of launches lined up amid a steady demand environment, brokerages see M&M outperforming peers in passenger vehicles (PVs), tractors and commercial vehicles (CVs).
Deposed Bangladesh Prime Minister Sheikh Hasina has issued a strong warning against threats to ban her Awami League party, calling the demands "audacious" and accusing Nobel laureate Professor Muhammad Yunus of being a "fraud" and "corrupt" for his role in the current interim government. Hasina, who fled Bangladesh in August 2024 following a student-led uprising, claims Yunus assumed power through a "meticulous design" with funding from overseas and misled students and people. She asserts that her Awami League is the legitimate party, with a strong history of fighting for the people's rights, and accuses Yunus and his supporters of having no constitutional basis or people's mandate to rule the country.
Strong margins in the jewellery segment in Q4FY25, steady growth guidance for FY26 and expectations of outperformance in the organised jewellery sector boosted sentiment for the largest listed jewellery maker by market capitalisation, Titan Company. The stock was the highest gainer on the benchmark indices (Sensex as well as Nifty), rising 4.1-4.5 per cent at close on Friday, taking the total gains over the past month to about 12 per cent.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.
Carlos Alcaraz's hopes of capturing a third successive Indian Wells title went up in smoke on Saturday and the Spaniard said his inability to tame his nerves was more of a disappointment than the stunning semi-final defeat by Jack Draper.
The father of Shariful Islam, the Bangladeshi man accused of stabbing actor Saif Ali Khan, claims his son was framed and is seeking help from the Bangladeshi Foreign Ministry and the Indian High Commission for his release. He alleges that Shariful was living in India illegally without proper documentation and was in fear of arrest. Ruhul claims his son was not the person seen in the CCTV footage and believes there might be a conspiracy. He says Shariful left Bangladesh after the re-election of Prime Minister Sheikh Hasina, fearing for his safety.
India is among the three least-favoured Asian stock markets, according to BofA Securities whose survey found that 10 per cent of fund managers are underweight on Indian equities from a 12-month perspective.
The banks says that valuations are reasonable.
The Bangladesh Nationalist Party, which Sheikh Hasina has crushed during her multiple terms as prime minister, has stirred into action after its leader Begum Khaleda Zia was released from prison.
A day after her release from house arrest, Bangladesh's former prime minister and Bangladesh National Party (BNP) chairperson Khaleda Zia on Wednesday thanked the people of the country for their 'struggle to make possible the impossible' and said it is not 'anger' or 'revenge' but 'love and peace' which will rebuild the nation.
Amid improving fundamentals, the bank is keen to double the corpus over the next year and a half, said a senior official.
The Anti-Discrimination Student Movement (SAD), which led protests against Bangladesh Prime Minister Sheikh Hasina, has launched itself as a political party called the National Citizen Party (NCP). The new party, which aims to 'dismantle constitutional autocracy' and establish a 'second republic,' has pledged to create a 'solely Bangladesh-oriented' political system, with no room for 'pro-India and pro-Pakistan politics.' The NCP's inaugural rally was attended by representatives of various political parties, including the Bangladesh Nationalist Party (BNP), Jamaat-e-Islami, and envoys from the Vatican and Pakistan.
An analysis of over 2,000 patient samples from Delhi-NCR by Dr Dangs Lab revealed that 15 per cent of patients with an HbA1c score above 6.5 per cent exhibited elevated levels of NT-proBNP, a crucial biomarker for early heart failure detection. A study by Joshi of 1,054 patients in Mumbai found that 34 per cent of Type 2 Diabetes Mellitus (T2DM) patients are at increased risk of cardiovascular complications.
Novak Djokovic made no excuses for the poor performance that sent the five-time Indian Wells champion packing from the California desert on Saturday after falling 6-2, 3-6, 6-1 to Botic van de Zandschulp in the second round.
Kyrgios tearfully threw in the towel in the second set due to sharp pain in his surgically repaired wrist while trailing 7-6(7), 3-0.
Bangladesh's former prime minister Khaleda Zia, who was released from jail after the ouster of her arch-rival Sheikh Hasina, has received a renewed passport, her party said on Wednesday.
French banking major in equity tieup talks with NBFC, housing finance firm.
Sheikh Hasina, who was elected for a record fourth consecutive term and fifth overall term this year, was always admired by her supporters as "Iron Lady", before the dramatic development that abruptly ended her 15-year-rule in Bangladesh.
Denmark's Holger Rune snapped a seven-match semi-final losing streak to reach the Indian Wells final, beating Russian Daniil Medvedev 7-5, 6-4 in a tight match on Saturday.
In terms of stock selection, India continues to benefit from two phenomena - the big getting bigger and availability of quality stocks in relative abundance compared with its Asian peers.
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.
Fonseca cruised through the first set before Fearnley found his groove in the second to level the match on a windy day in the California desert.
The loss ends five-time major champion Swiatek's bid to become the first woman to win the tournament in the Southern California desert three times.
Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.
Twice champion Iga Swiatek walloped Czech Karolina Muchova in straight sets to reach the Indian Wells quarter-finals on Tuesday.
Defending champion Iga Swiatek crushed Dayana Yastremska 6-0, 6-2 and 2023 champion Elena Rybakina powered past Britain's Katie Boulter 6-0, 7-5 to reach the fourth round of Indian Wells on Sunday in displays of dominance.
Dimitrov was showing signs of fatigue from his three-hour third-round match earlier in the week and could do little to stop the Spanish world number three, who next faces Argentine Francisco Cerundolo.
Despite taking a hit on profitability amid the pandemic, companies with strong balance sheets are gaining market share because of consolidation in their respective sectors.
The Dutchman collapsed on the court after converting his sixth match-point to end an absorbing three hour, seven minute affair under sunny skies on Stadium One court.
A murder case has been filed against Bangladesh's ousted prime minister Sheikh Hasina and six others over the death of a grocery shop owner during last month's violent clashes that led to the fall of her government, media reports said on Tuesday.
