Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.
The absence of Shakib Al Hasan has come as a relief to South Africa as they embark on a two-test series in Bangladesh but stand-in captain Aiden Markram does not expect the challenge to be any easier.
An Air India passenger has complained of finding a cockroach in an omelette served onboard the flight from the national capital to New York, with the airline saying the matter has been taken up with the catering service provider for further investigation.
If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.
'A 20 per cent equity allocation to ESG funds is a good start.' 'As more evidence on ESG performance builds, investors may increase allocations.'
'Consider your household's financial health and all your other goals.' 'Buying a house might seem like an urgent goal, but it is rarely the only one.'
Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
New investors should gradually build a 5 to 10 per cent allocation to gold.
The Reserve Bank of India's (RBI's) State of the Economy report for October acknowledged a slowdown in some high-frequency indicators but expressed confidence in a recovery, aided by consumption demand during the festival season. "In India, aggregate demand is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up pace and consumer confidence improves," said the report released on Monday.
Firecrackers were burst outside the CM's residence after his release from the Tihar Jail on Friday evening. The Aam Aadmi Party workers had gathered to welcome their leader.
The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.
'The biggest near-term risk to Indian equities is the outflow of investments to China as tactical trades by foreign investors.'
'The problem is that the bubble may not only be in valuations, but also in investors' minds.'
Iran's ambassador to India, Iraj Ilahi, expressed concern about the stability and security of the "whole region" following the collapse of the Syrian government, highlighting Tehran's worries about the potential wider ramifications of the situation. Ilahi also emphasized the importance of promoting tourism between India and Iran, citing their shared cultural heritage and the recent easing of visa restrictions.
rediffGURU T S Khurana answers readers' personal income tax queries.
Prime Minister Narendra Modi met and interacted with leading cricket players of Guyana in Georgetown on Friday.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Jefferies, IIFL, and JM Financial - none of which were in the top five last year - have now claimed the top spots in the league tables for equity capital markets (ECM) during the first nine months of calendar year 2023 (CY23), a period characterised by small- and mid-sized transactions. This shift marks a significant change, with these firms outperforming the bulge-bracket investment banks. According to data provided by Refinitiv, Jefferies leads the domestic ECM market, having handled share sales worth $2.3 billion, representing 12.4 per cent of the total volume of $18.4 billion for ECM transactions.
Only investors with knowledge of cryptocurrencies, long-term conviction, and a long horizon should invest in this asset class.
West Bengal Chief Minister Mamata Banerjee on Wednesday expressed her grief and solidarity with the family of a trainee doctor, who was sexually assaulted and murdered at Kolkata's RG Kar Medical College and Hospital on August 9.
India seamer Bhuvneshwar Kumar fetched a winning bid of Rs 10.75 crore from Royal Challengers Bengaluru on a largely predictable second day of the mega auction, in Jeddah on Monday.
Framing the next chapter in Swiggy's journey as a responsible corporate citizen, co-founder and chief executive officer (CEO) Sriharsha Majety unveiled the company's eagerly awaited public listing. Majety, who has largely shunned the spotlight, shared reflections on his entrepreneurial path and the strategic pivots he and his co-founders navigated in building Swiggy. "We started with code aggregation, then pivoted to logistics, and that became Swiggy.
The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.
A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.
Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Presenting the Budget in Lok Sabha, Sitharaman said the outlay for the Railways is nine times the amount provided in 2013-2014. She said 100 critical transport infrastructure projects for last- and first-mile connectivity for coal, fertiliser and food grain sectors have been identified and will be taken up on a priority basis with investment of Rs 75,000 crore, including Rs 15,000 crore from private sources, she said.
'Geopolitics will be the most important driver of financial markets in 2025.'
As the auction approaches, here are the 10 wicketkeeper-batters who are poised to attract significant attention making them among the most sought-after players for IPL 2025.
Players who were bought at unexpected price tags...
India's medal prospects took a hit with the exclusion of hockey, shooting, cricket, badminton and wrestling from the 2026 Glasgow Commonwealth Games.
Indian cuisine is remarkably popular in Poland with various Indian restaurants catering to the growing demand for the rich flavours and Polish diners visiting them say the dishes like dosa and butter chicken remind them of their travels to India.
The beautiful hill station of Shillong, known for its natural beauty and rich culture, has been named the most popular travel spot in India for 2025.
The Railway Protection Force (RPF) in Gujarat has registered a case against the owners of buffaloes that were hit by the Mumbai-Gandhinagar Vande Bharat express, in which the front portion of the train was damaged, officials said on Friday.
'Asset allocation should change only if your goals, life situation, or risk profile have changed.'
Bhaker said that her break from the shooting after Olympics was pre-decided by her and her coach Jaspal Rana.
After climbing to a record high of Rs 523 on September 30, shares of commodity major Vedanta have come off over 15 per cent amid a fall in the overall markets. The Anil Agarwal-led firm's latest slump comes after its stock price doubled over the past one year. Is it a blip or a trend reversal?
The ISSF World Cup final in New Delhi has been robbed of some sheen as three of Britain's top shotgun shooters, including Paris Olympics trap gold-medallist Nathan Hales
Villpuram district in north Tamil Nadu continued to reel under unprecedented flooding on Monday following extremely heavy rainfall, virtually blocking access to villages and residential colonies as bridges and roads overflowed, inundating huge acreage of standing crops and leaving passengers stranded as rail and road traffic was hit.
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