Australian Mark Webber has been rewarded with a year's extension to his Red Bull contract after celebrating the first victory of his Formula One career this month.
Equity valuations are once again on the rise, after they cooled down in the second half of 2021 and the first half of 2022. The BSE Sensex trailing price-to-earnings (P/E) multiple has risen to a 17-month high of nearly 25x, from 23.7x at the end of December 2022 and 21.6x at the end of June 2022. Similarly, the index closed on Friday with a trailing price-to-book (P/B) value ratio of 3.6x, up from 3.4x at the end of December 2022; it is the highest since December 2021.
The biggest bounce is in the realty sector, where the industry index jumped 80%. There's been a turnaround also in automobiles and ancillaries (up 45%). The pharma and health care indices have a welcome return of roughly 35%.
ITC stock slipped over 4 per cent on Thursday (February 8) after British American Tobacco (BAT) said it could sell some of its stake in the company, recovering partially in trade. The stock of the cigarette-to-hotels conglomerate traded at Rs 420 levels, rising 1.3 per cent in intraday deals as compared to the S&P BSE Sensex that traded flat for most part of the day. The development, meanwhile, saw Jefferies downgrade the stock to 'hold' from 'buy' earlier with a target price of Rs 430, down a huge 17.3 per cent from its earlier price target of Rs 520.
If you have an appetite for crowds and the visual spectacle of many focused on one task or activity, a pooram will engage you, notes Shyam G Menon.
Chinese Grand Prix winners Red Bull have ruled out a major design change to their Formula One car before next month's showcase Monaco race.
Formula One leader Max Verstappen won the British Grand Prix on Sunday as Red Bull stayed unbeaten in 2023 and equalled McLaren's 1988 record run of 11 victories in a row.
Champions Red Bull claimed a Formula One first on Sunday by sending a female team member up to the podium to collect their constructors' trophy after Sebastian Vettel won the Bahrain Grand Prix.
Formula One leaders Brawn GP see Red Bull as their main rivals for the championship with Germany's Sebastian Vettel an ever present danger for Jenson Button.
'Like all long-term bull markets, the Indian stock market will continue to climb the proverbial wall of worry.'
Austrian Christian Klien will race the next four Grands Prix for Red Bull and probably the two after that as well
The sanctions, while nothing to do with actions on the track, could have championship ramifications with three reprimands in a season triggering an automatic 10 place grid penalty for the next race.
Bezzecchi came out with flying colours registering the best time to grab his third pole of the season.
Formula One championship leader Sebastian Vettel roared to pole position at the Indian Grand Prix on Saturday as Red Bull flexed their muscles with a third successive one-two sweep in qualifying.
Italian test driver Vitantonio Liuzzi has led the way for Red Bull in Australia with the fastest time in a low-key first practice session of the 2005 Formula One season.
Yeh Hai India: Capturing Events And Moods Across Our Incredible Country.
Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash.
Caution demands a sensible strategy even in bullish times.
Red Bull's title-winning technical wizard Adrian Newey warned that the cars' lower noses, already a talking point because of their ugliness, could lead to a driver's head being more exposed in certain impacts such as front to rear collisions.
Formula One champions Red Bull will have their 2011 car on track ahead of rivals McLaren with a launch scheduled for the first pre-season test at Spain's Valencia circuit on Feb. 1.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
Max Verstappen clinched his second win of the season as the Australian Grand Prix was halted with three red flags.
Lewis Hamilton is confident McLaren can close the gap on Sebastian Vettel's Red Bull after staging a stunning turnaround to finish second behind the world champion at the Australian Grand Prix on Sunday.
'The Nifty index looks to be 20 per cent overvalued as per our model after moving up more than 10 per cent in the last two months.'
Verstappen suffered two retirements from the first three races but has otherwise finished all but two rounds in the top three.
A strong appetite for gold on Friday's Dhanteras is expected this year due to auspicious reasons and geopolitical concerns, continuing the 2022 trend driven by pent-up COVID demand. Compared to last year's Dhanteras, gold prices have jumped 22 per cent and silver prices by 21 per cent, respectively. "Gold and silver are good for portfolio diversification, especially in times of geopolitical turbulence.
Max Verstappen won the season opener as Red Bull registered a dream start with a one-two finish at the Bahrain GP.
Watching Aavesham is like sprinting through the whole history of our mass-masala movies and seeing it in a new light, notes Sreehari Nair. And this, incidentally, is the story of Fahadh Faasil's career too.
Sebastian Vettel won the Japanese Grand Prix on Sunday in a Red Bull one-two with Mark Webber, who stretched his Formula One championship lead to 14 points.
The Supreme Court on Thursday upheld the validity of the Tamil Nadu law allowing bull-taming sport "jallikattu" in the state.
Images from the inaugural Korean F1 Grand Prix held at the Yeongam International Circuit on Sunday.
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
You will appreciate the Mammootty of this movie better if you do not take the servile reviews to heart, for this is a grand, broad, almost proudly comic performance, assures Sreehari Nair.
Former Australia captain Michael Clarke stated that David Warner's talent kept his contract from being "ripped up" early in his career.
Red Bull's double World champion Max Verstappen won the Mexico City Grand Prix on Sunday to set a Formula One record of 14 victories from a single season, as well as the most points scored.
