Red Bull and Williams are opposed to Ferrari's request to let Michael Schumacher test in Felipe Massa's F60 car as the seven-times world champion prepares to return to Formula One in place of the injured Brazilian. In a statement, Williams chief Frank Williams said the FIA would be setting a precedent if Schumacher is allowed to test.
The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion).
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
The benchmark indices are set to end their five-month gaining streak, but the market breadth continues to hold strong So far this month, stocks gaining have outnumbered those declining, a sign that the bulls still have the upper hand, even as the pullback in the S&P BSE Sensex and the National Stock Exchange Nifty indicates otherwise. On the BSE, 2,126 stocks have advanced and 1,955 have declined in August, translating into an advance/decline ratio (ADR) of 1.1.
The Briton, a winner in 2009, clocked one minute 47.055 seconds in dry conditions to finish 0.365 seconds ahead of Mark Webber with the Australian's Red Bull team mate and runaway championship leader Sebastian Vettel third fastest in 1:47.885.
The historic coastal town is witnessing a flurry of activity, including infrastructure development in view of the high-level meet between Prime Minister Narendra Modi and Chinese President Xi Jinping next week.
"I think to go in with two such green drivers is a mistake," said the team principal at Red Bull's Milton Keynes factory.
The number of dematerialised (demat) accounts required to hold shares and other securities in electronic format rose by 3.1 million in April, bringing the total tally to a fresh record of 154.5 million. Since December last year, the new additions have consistently remained above the 3 trillion mark, a sign that the stock markets continue to attract new investors despite a spike in volatility.
A Laxmipati Rao, a resident of Sargipalli village solemnised the wedding after a dream he had some time ago.
The Austrian energy drink firm said it had bought the Jaguar Formula One team from Ford.
Formula One champions Red Bull have changed their pitstop procedures for Sunday's showcase Monaco Grand Prix after accusing Ferrari of shadowing them at the last race in Spain.
Retired British driver David Coulthard is on standby for a Formula One comeback if either of Red Bull's drivers are unable to race in the first two Grands Prix of the season, the team said on Wednesday. A spokeswoman said the 37-year-old Scot, in Melbourne as a pundit for BBC television, was their official reserve driver for Sunday's Australian season-opener and the following race in Malaysia.
Switzerland's Sebastien Buemi will start his fifth year as Red Bull reserve driver next season, the Formula One team said on Tuesday.
Champions Renault are close to a deal to supply one of the two Red Bull-owned Formula One teams with engines next year, team boss Flavio Briatore said on Monday.
Red Bull were talking to Volkswagen about a Formula One partnership before a diesel emissions scandal seemingly scuppered plans, team boss Christian Horner said on Friday.
Red Bull represent the 33-year-old's best chance of staying in the sport after a decade with Williams and McLaren.
World Champions Red Bull and rivals Ferrari will withdraw from the Formula One Teams Association (FOTA) after failure to reach agreement over cost cutting measures.
It was Hamilton's first pole position since Saudi Arabia in December 2021.
The historic San Fermin festival in Spain concluded on Monday with a hair-raising final running of the bulls.
The Miami Heat got their NBA championship rings, watched a video tribute to last season's record-setting campaign and then went out and showed why they are still the team to beat.
Playing as a wildcard in the tournament, the Indian ace had on Thursday defeated Radoslaw Wojtaszek of Poland in the first round, before getting the better of American Wesley So and Anton Korobov (Ukraine).
Ferrari's Charles Leclerc qualified fourth with Mexican Sergio Perez, Verstappen's closest title rival and team mate but a massive 151 points adrift after 15 of 22 rounds, fifth and 0.773 off his team mate's pace.
From the Sensex pack, Power Grid, Infosys, Asian Paints, Mahindra & Mahindra, HCL Technologies, IndusInd Bank, Tech Mahindra, Bajaj Finance, Wipro, Tata Consultancy Services, HDFC Bank and Titan were the major gainers. Tata Steel and Bharti Airtel were the laggards.
The heady days of 'Linsanity' are fading further from New York fans' memories after the Knicks slumped to their sixth straight defeat with a 104-99 loss to the NBA-best Chicago Bulls on Monday.
Mark Webber was fastest for champions Red Bull in Formula One testing in Barcelona on Thursday with the Australian becoming the ninth driver to top the timesheets in as many test days so far this year.
HDFC Bank's latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to fully include the stock in its indices. Currently, the index provider has applied an adjustment factor of 0.5 since the foreign room is less than 25 per cent. Removal of the adjustment factor will result in inflows of a massive $4.8 billion (Rs 40,000 crore) into HDFC Bank, according to Brian Freitas, a New Zealand-based analyst with Periscope Analytics.
Shastri also advised Pandya to stay calm and weather the storm with solid performances.
Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals
Outgoing Formula One champion Sebastian Vettel and Australian team mate Daniel Ricciardo were sent to the back of the grid at the season-ending Abu Dhabi Grand Prix on Saturday after stewards ruled Red Bull had used an illegal front wing.
The hand that last year pointed the finger of blame at Mark Webber was extended in grateful thanks on Sunday as Red Bull celebrated a healing one-two Turkish Grand Prix finish.
The sculptor who made the bronze Big Bull for the BSE rubbishes reports of it being a bad omen. He is however fine with shifting of the bull to meet popular demand.
Bull markets need a a charismatic leader and a fancy destination.
According to the Hindu Forum of Britain, the authorities, who were planning to slaughter the bull next week, have now delayed this action.
Red Bull, drivers' and constructors' champions for four years in a row from 2010, have fallen out with underperforming Renault and are casting around for a replacement engine provider with Ferrari their only real option given Honda's woes.
Smaller stocks have emerged as Dalal Street's favourites in 2023 that has turned out to be a "great year" for equities, rewarding investors with big gains, driven by optimism over the country's macroeconomic fundamentals and heavy retail investors participation. Experts said equity markets are experiencing a prolonged bull run and it is during this time that the midcap and smallcap segments tend to outshine their larger counterparts. Till December 22 this year, the BSE smallcap gauge has jumped 13,074.96 points or 45.20 per cent while the midcap index has surged 10,568.18 points or 41.74 per cent.
Thousands of daredevils put their bravery to test as they poured on to medieval lanes of northern Spain's Pampolna city, dodging raging bulls. Rediff.com brings you the latest action from the annual San Fermin bull fighting festival.
Max Verstappen will have a five place grid penalty for Sunday's Belgian Grand Prix after a gearbox change.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
The number of dematerialised (demat) accounts - required to hold shares and other securities in electronics format - crossed the 150-million mark for the first time in March. In March, 3.12 million new demat accounts were added despite a spike in market volatility, taking the total count to 151.4 million. The milestone has come 19 months after the total number of demat accounts hit the 100-million mark, a sign that more domestic households are taking to direct equity investing.
