Reputations do go for a toss in the T20 format, but Delhi Capitals haven't been able to get past Chennai Super Kings in their last four meetings, and the margins of defeat -- 91, 27 and 77 runs respectively -- does paint a sorry picture.
Rajasthan Royals will be desperate to snap their four-match losing streak and finish in the top two when they meet table toppers Kolkata Knight Riders in an important IPL match in Guwahati on Sunday.
This week's digest of stories that are weird, true and funny.
'Whenever markets rally, the IPO pricing gets aligned to the prevailing market conditions.'
Rajasthan Royals will face a stern test of character as they look to arrest a shocking slide in a do-or-die IPL Eliminator against an in-form RCB.
Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company.
This week's collection of stories that prove we live in a truly mad, mad world.
Rajasthan Royals' star-studded batting will face the serious challenge of decoding Sunil Narine's mystery at Eden Gardens when they take on two-time champions Kolkata Knight Riders in a top-of-the-table IPL clash in Kolkata on Tuesday.
The Capitals have been inconsistent so far, winning five and losing six of their last 11 games.
A resurgent Mumbai Indians will need to address their bowling woes as they look to exact revenge on table-toppers Rajasthan Royals in their reverse fixture of the Indian Premier League in Jaipur on Monday.
Skipper Rishabh Pant will look to overcome his rustiness as Delhi Capitals aim for an improved batting display in their bid for a first win of the IPL season when they take on Rajasthan Royals in Jaipur on Thursday.
Except for Westlife Foodworld (Westlife), a weak 2022-23 (FY23) January-March (fourth quarter, or Q4) quarter performance and a muted near-term outlook led to a downward revision of earnings estimates for quick-service restaurant (QSR) players. Brokerages have slashed estimates by as much as 10 per cent for 2023-24 (FY24) and 2024-25 (FY25). The downward revisions have weighed on the performance of listed players, who have underperformed the market with low single-digit returns over the past month.
High-flying Rajasthan Royals will look to continue their winning momentum and consolidate their position at the top when they take on a resurgent Lucknow Super Giants, who would be gunning for revenge at home in an IPL match in Lucknow on Saturday.
Rediff readers tell us how they are dealing with the ban on use of plastic.
Yum reduced the number of restaurants in India by 14 in the September quarter from the preceding quarter to 811.
Zomato's mega initial public offering (IPO) ended with a bumper 38 times oversubscription on Friday as institutional investors poured money to get a pie of the hottest online food delivery platform. Zomato got bids for 2,751.25 crore shares against 71.92 crore shares on offer, stock exchange data showed. The IPO is India's biggest since March 2020. Institutional investors, who shied away in the first two days of the IPO, bid several times over the number of shares reserved for them.
Food ordering platform Zomato, whose Rs 9,375 crore IPO opens on July 14, is planning to launch a grocery section on its app soon, a senior company official said. The company recently invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in grocery delivery platform Grofers. "It (grocery) is a large opportunity. The online grocery is nascent right now but is growing rapidly not just in India but across the world... "We are actively experimenting in that space and recently invested $100 million for a minority stake in Grofers, with the idea of getting more exposure to that space and building our strategies and plan around that business," Zomato CFO Akshant Goyal said.
There could be some eye-popping deals for players, who would have struggled otherwise to attract attention in the mega auction.
How the IPL teams have shaped up after the auction.
Jumbo King is profitable from the beginning and is growing upwards of 35 per cent annually.
While the recent volatility in the secondary markets is a concern, experts believe the sentiment towards IPOs is still buoyant.
The listing day gain-to-loss ratio for FY21 was 71 per cent, the highest since FY17, when it was 85 per cent.
These photos prove we live in a truly bizarre world.
10 images that prove it's an incredibly bizarre world
A recent survey discovered that Bengaluru has some of the classiest high streets in our country.
Culinary Culture, which is spearheading the venture, will bring globally-ranked chefs to India as well as take local chefs abroad so they can work at world-ranked eateries.
With a market-oriented approach, an NGO in Delhi is ensuring the skills it imparts finds value with employers.
Food delivery platform Zomato's initial public offering was oversubscribed on the opening day on Wednesday with retail investors bidding for 2.7 times the number of shares reserved for them. The offer received bids for 75.60 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed. Retail investors sought 2.69 times the portion reserved for them. Against 12.95 crore shares reserved for retail individual investors, 34.88 crore shares were bid by 1700 hours.
McDonald's problems couldn't have surfaced at a worse time. Cut-throat competition, rapid expansion and a slowdown in consumer spending in the wake of demonetisation have seriously dented the overall quick-service restaurant business.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
Auto Expo's Twitter handle (@AEMotorShow), with a follower base of 16,000, is abuzz with activity. The Facebook page of Auto Expo has about 158,000 followers.
Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.
Here's your weekly digest of the craziest stories from around the world.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
'Aquaponics can effectively cushion the impact of a calamity like COVID.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.
'Kindly advise about the following stocks. Can I hold or exit?'
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