Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal since the US bribery indictment. In a statement, Adani Enterprises Ltd -- which held 43.94 per cent stake in Fortune brand cooking oil, wheat flour and other food product maker Adani Wilmar Ltd -- said it will sell 31.06 per cent stake to Wilmar International. About 13 per cent will be sold in the open market to meet minimum public shareholding requirements.
Dino Morea has taken upon himself to make Mumbai a fitter city.
The steamiest kisses of the year, up close.
The pharmaceuticals sector is expected to post a revenue growth of around 13.5 per cent and a net profit growth of 30.3 per cent for the third quarter of 2023-24 (FY24), riding on the approval for niche drugs in the US market, fall in raw material prices and correction in shipping rates. In the healthcare segment, hospitals are expected to post revenue growth of 13 per cent during the coverage, while net profit growth would be around 37 per cent, ICICI Securities said in a note. However, the performance may not be comparable on a sequential basis due to the offset of the festive season in Q3FY24, the analysts noted.
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
Chris Froome moved closer to a maiden Tour de France title with an awe-inspiring victory on top of the intimidating Mont Ventoux, pulling away from his rivals in brutal fashion seven kilometres from the finish on Sunday.
The World No. 10 Prannoy was the latest to be eliminated on a day when Sameer Verma, mixed doubles pair of Sikki Reddy and B Sumeeth Reddy along with women singles player Aakarshi Kashyap drew blanks.
'Everybody here is a fair-weather friend.'
'It is a blessing to work at home. My family is always around me. I think that's what keeps me creatively charged.'
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
Domestic institutional investors (DIIs) have infused a record Rs 4.6 trillion into Indian equities over the course of Samvat 2080, marking the highest net annual investment in any Samvat to date. This robust domestic inflow has effectively counterbalanced the comparatively subdued investments from foreign portfolio investors (FPIs), who contributed a net Rs 90,956 crore within the same timeframe. Against this backdrop, the Nifty 50 and BSE Sensex indices are on track to achieve their best performance in three Samvat years, despite recent market corrections.
A round-up of Saturday's action in the Premier League.
The film is set to release on October 2 this year.
India story, pressure to invest are driving spurt in PE activity.
Check out the star arrivals.
Scientists will be stepping up efforts to detect the elusive 'God Particle' by triggering collision of two proton beams in the world's largest atom smasher located on the Franco-Swiss border on the outskirts of Geneva on Tuesday.
So by now we all know what has transpired at Court No 1 in Wimbledon on Monday.
The government should focus on smaller labour reforms; they may not be headline-grabbing but can collectively be effective, says Shyamal Majumdar.
Chck out the star arrivals.
But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years
A hard-hitting half century from fit-again Hardik Pandya went in vain as Mumbai grabbed a narrow 29-run first innings lead after tea on day three of their Ranji Trophy Elite Group A match.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
The currency with the public is 10.3 per cent higher than it was in the week preceding November 8, 2016 - from Rs17.97 trillion to Rs18.76 trillion.
Mumbai opener Prithvi Shaw, who had played his first game in first class cricket after serving a eight-month ban for doping, smashed a quick 66 off 62 balls against Baroda. A round-up of Day 1 of the Ranji Trophy matches played on Monday.
Eduardo da Silva made an emotional return to club action after almost a year, scoring twice to help Arsenal beat Cardiff City 4-0 in their FA Cup fourth round replay at The Emirates on Monday.
PHOTOS of the IPL 2023 match between Chennai Super Kings vs Kolkata Knight Riders at the MA Chidambaram Stadium in Chennai on Sunday.
India has made major scientific and technological contribution to this new atom smasher also called the Large Hadron Collider. LHC is expected to answer several facts of fundamental nature of the universe that remains a mystery, said the scientists of Tata Institute of Fundamental Research.
Arjun Kapoor beats Shah Rukh Khan, Hrithik Roshan and Akshay Kumar at the box office!
France and Liverpool defender Ibrahima Konate has become the latest player to speak out against the packed fixture schedule, saying on Tuesday that he supports his fellow players' right to strike over the issue.
Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. However, price hikes will help push up revenues, said brokerages.For India's largest engineering firm, Larsen and Toubro (L&T), the analysts expect a 20 per cent growth in consolidated revenue, and an 8.1 per cent core business Ebitda margin, up 40 bps from a year ago.
With Tiger 3, Salman Khan has scored yet another movie in the Rs 100 Crore Club (Rs 1 billion).
The newly-formulated Third Front left its imprint in Parliament on the opening day of the reconvened winter session when it surprised the ruling coalition by derailing the Anti-Communal Violence Bill
Despite its attempt at compounding the complexity of Arthur Fleck, watching Joker: Folie Deux is a slog, feels Deepa Gahlot.
Arsenal and Barcelona scored 3-0 victories over Sevilla and Olympique Lyon respectively in the Champions League.
Among the prominent gainers on the Sensex chart were Bajaj Finance, Bajaj FinServ, ICICI Bank, Axis bank, Tata Steel, IndusInd Bank and HDFC Bank -- rising as much as 3.50 per cent. NSE Nifty soared 271.65 points to settle at 17,625.70.
Varun Chakaravarthy's ability to consistently figure among the wickets for Kolkata Knight Riders drew praise from former Australian tearaway bowler Brett Lee, who said he made life difficult for Mumbai Indians batters in the rain-shortened, low-scoring IPL match at the Eden Gardens, Kolkata, on Saturday night.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
A Ganesh Nadar's close encounters with the Election Commission.
Australia now have the opportunity to avenge last year's final defeat by Italy after world number one Jannik Sinner inspired the holders to a 2-1 victory over Argentina.
A look at this week's hits and misses.
