While Reliance Retail did not comment, sources said the company will have to follow order, at least in Delhi.
Companies providing portfolio management services (PMS) had a tough time beating the benchmark index in January, with more than half of the schemes invested in large companies underperforming in the run-up to the Union Budget. The Nifty 50 index was down 2.5 per cent during the month. Only around 44 per cent of PMS schemes did better, among the schemes investing in large-cap companies. The analysis is based on data from industry tracker PMS Bazaar. Half the mid-cap schemes outperformed, while the rest underperformed.
'Every single Indian dish is a jewel.'
The death toll climbed to 4,29,669 with 490 fresh fatalities, the data updated at 8 am showed.
Addressing the daily press briefing on the actions taken, preparedness and updates on COVID-19, Joint Secretary in the Ministry of Health Lav Agarwal said 92 new cases and four deaths due to coronavirus have been reported in India since Sunday, taking total cases to 1,071 and the number of deaths to 29.
Nikhil Rungta was closely associated with rolling out Google India's entire gamut of services including Youtube, Chrome and Google+.
According to a report prepared by the NGO, 106 people have died due to cold in Delhi between January 1 and January 19.
Byju's has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India.
Digital payments and financial services firm Paytm is likely to allocate shares at the upper price band of Rs 2,150 apiece on November 16 after market regulator SEBI's approval which is expected to come on Monday, sources aware of the development said. Earlier the allocation was expected to take place on Monday and the Paytm Money app also displayed the same.
'Defence, development and democracy is the formula to defeat Naxalism.'
'If the Bangladesh-China relationship strengthens further, it can only be to India's detriment,' notes Vice Admiral Premvir Das.
FSN E-Commerce Ventures, which runs online marketplace for beauty and wellness products Nykaa, has filed preliminary papers with markets regulator Sebi to raise Rs 3,500-4,000 crore through an initial share-sale.
Expect a new compact SUV from their stable called EcoSport later this year.
There are, as its name suggests, 12 handis to choose from. Each time you eat this delightful, non-vegetarian mix and match, its bountiful flavours amazingly erupt inside your mouth!
Relatives and victims felt that justice had been delayed.
Tax benefit on WFH expenses, regulatory clarity on cryptos figure high on their wish list.
The US has all along interfered in India-China issues. The objective is clear: Bring the Sino-Indian standoff to a flashpoint that would compel Modi government to take shelter under an American umbrella, argues Ambassador M K Bhadrakumar.
Reliance Retail will acquire the retail, wholesale, logistics and warehousing businesses of the Future Group. Future Group's financial and insurance businesses are not part of the deal.
Paytm plans to induct 5,000 manufacturers and sellers; has started programmes to identify and train new sellers.
The UK's largest retailer, with revenues of 67 billion pounds, is currently focusing on its existing franchise agreement with the Tata-run Trent.
'Stick to FDs of shorter tenures, preferably one-two years.'
'One hopes that it is for the better that this disaster alters our reality from the morning of May 4,' notes Aakar Patel.
'There is a clear business impact. People are avoiding crowded places and gatherings across cities. This is hitting business, both at traditional and modern trade outlets, during the Holi season, which kicked off from Saturday,' says Praveen Khandelwal, general secretary, Confederation of All India Traders (CAIT).
A total of 49 companies raised Rs 81,615 crore in Samvat 2077, more than the preceding four years and almost double the amount raised in the previous year. Samvat 2078 appears even more promising with mega issues of Paytm and Life Insurance Corporation (LIC) of India. However, Paytm's record could be short-lived as state-owned LIC is planning to launch a Rs 1-trillion IPO by March 2022.
Paytm's Rs 18,300 crore IPO was oversubscribed 1.89 times on the last day of India's biggest share sale on Wednesday, making it one of the country's most valued companies. The initial public offering of Paytm's parent company One97 Communications Ltd received bids for 9.14 crore equity shares against the offer size of 4.83 crore shares, according to information available from stock exchanges. While the portion set aside for retail investors was oversubscribed early, institutional buyers including FIIs flooded the share sale with offers on Wednesday, seeking 2.79 times the number of shares reserved for them.
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
Deepika Padukone is a retro queen on the digital cover of Harper's Bazaar USA.
Sukanya Verma looks at Bollywood's extravagant bling fetish.
The coordinated terrorist attacks against military installations as well as civilian bazaar areas across Pakistan over the last week seem to have thrown the country into such a nervous spin that ordinary Pakistanis are beginning to ask if better relations with India can help restore some desperately-needed normalcy to their country.
Future Retail Ltd (FRL) on Wednesday said it is "committed" to reversal of takeover of its stores by Reliance Retail and will take all such action as may be necessary to seek value adjustments. The Kishore Biyani-led firm also said the action of the Reliance Group has come as a "surprise" to it. Moreover, the action of taking possession of its stores has "complicated" the positive scenario which had started building up after a CCI order in December 2021, FRL said in a regulatory filing.
Indian industry snubbed Google Play's decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue.
The girl from the north east who now walks for the best names in international fashion today was content wearing hand-me-downs from cousins those days.
Was this indeed the Lata who had started out with her, as a child star, in Badi Maa (1945)? Raju Bharatan recalls yet another memorable incident from Lata Mangeshkar's incredible life.
Future group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries. This will be a big support for the cash-strapped future group firms before the completion of Rs 24,713 crore buyout of the country's second-largest retailer by Reliance Industries' arm. Ecommerce major Amazon has raised objections over the deal.
Unlike many peers in the VC space, LSE grad Juneja doesn't have an entrepreneurial background but is said to be strong in finance skills
Their startup investments number 13 so far, compared to 17 deals in 2020.
At least 30,000 growers are hedging for their produce through farmer producer organisations
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.'
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