Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.
'Habitat was viewed as the proxy for him and got unjustly targeted.'
The Supreme Court of India reserved its judgment on Tuesday in a case concerning the termination of two female judicial officers by the Madhya Pradesh High Court. The court had previously stated that judges should avoid social media and expressing opinions on judgments, emphasizing a "hermit life" and "work like a horse" approach. The case involves six women civil judges who were terminated for alleged unsatisfactory performance. Four were subsequently reinstated, but two, Aditi Kumar Sharma and Sarita Chaudhary, remained terminated. The court is considering the cases of these two judges, who joined the Madhya Pradesh judicial service in 2018 and 2017, respectively. The court is also considering arguments regarding potential violations of fundamental rights related to the termination process, including claims of unfair work assessment during maternity and child care leave.
'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'
'Buyers should be provided either a fixed possession date or a firm date for the start of construction.'
'Look not just at the interest rate but also the processing fee.'
The Brutalist reaches its full potential, thanks not just to its writing and its technical brilliance but also Adrien Brody's performance, applauds Deepa Gahlot.
The possibilities of this serviceable thriller are immense but the makers prefer to play it safe and hold back the daredevil in the diplomat's clothing, observes Sukanya Verma.
The upcoming edition of the Indian Premier League (IPL) is likely to see bowlers playing a crucial role in the success of teams.
From premium electric motorcycles to mass-market scooters, manufacturers are rapidly expanding their portfolios to capture a larger share of the booming market.
Kunal Kohli's attempt to bottle the essence of Gen Z in Bobby Aur Rishi Ki Love Story remains superficial, observes Deepa Gahlot.
Invest in these funds through the SIP route with at least a seven-year horizon.
Fiercely original filmmaking from a director whose even just good enough attempt fares much better than your average blockbusters, observes Mayur Sanap.
The Supreme Court of India has criticized the Madhya Pradesh High Court's decision to sack a woman judge due to performance concerns, without considering the impact of a miscarriage on her ability to work. The court questioned the lack of similar criteria for male judges and highlighted the mental and physical trauma associated with a miscarriage. The case involves six women civil judges who were terminated by the state government over alleged unsatisfactory performance. While the high court reinstated four judges, the fate of the other two, including the judge who suffered a miscarriage, remains uncertain. The Supreme Court has issued notices to the high court registry and the judicial officers involved, seeking clarification on the termination criteria and emphasizing the importance of considering factors beyond quantitative performance assessments.
'That is not me being arrogant. That is what my plan was with my dad (former Railways and Assam player Parag Das), when I started playing cricket when I was like 10-years-old. We (a joint project) were going to play for India regardless of anything.'
At just 24, Abhishek Sharma has begun rewriting records that took years for others to set.
Delhi's crime rate against women stood at 144.4 in 2022 -- the highest among all states and Union Territories.
At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.
The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. According to data published by the Life Insurance Council, LIC's premium dropped 41.15 per cent Y-o-Y to Rs 13,523.87 crore while private insurers reported 7 per cent growth in NBP to Rs 16,694.85 crore as the industry absorbs the impact of the revised surrender value norms.
Sivakasi is fighting for survival, thanks to the ban on firecrackers in Delhi, regulations in several other cities, pandemic-imposed sales dips, the ban on the use of barium nitrate...
The top court remarked that there is no place for flamboyance in judiciary.
'Binary fission will happen -- startups will lead to more startups.'
The Kota district administration in Rajasthan has reported a 50% decline in student suicides this year compared to 2023, attributing the decrease to stricter guidelines for coaching institutes and hostels, mental health initiatives, and outreach programs. Despite the positive development, coaching businesses in Kota have experienced a slowdown due to negative publicity and stricter regulations. The district administration has launched a program called 'Kota Cares' to reaffirm its commitment to student well-being and safety.
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
Your ultimate guide to helicopter rides in India this Valentine's Day
The credit ratings business is dominated by Moody's, Standard & Poor's and Fitch
Known for his aggressive batting and ability to dominate powerplay overs, Salt became a highly sought-after player during the bidding war.
From the 30-share blue-chip pack, Adani Ports jumped over 5 per cent. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers. From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.
India is trying to add 75,000 medical seats in five years as it also eyes to touch the WHO standard of one doctor for every 1,000 persons.
Banks are likely to see their net interest margins (NIM) - broadly the difference between interest earned on loans and paid on deposits - shrink by another 30 basis points (bps) over the next few quarters. After hitting a peak of 3.3 per cent in the third quarter (Q3) of the financial year ended March 31, 2023 (FY23), NIMs have been on a downward trajectory, touching 3.13 per cent in Q2FY24 on higher cost of funds, according to capital markets firm CARE Ratings. Banks are still grappling with the Reserve Bank of India's policy rate increases - that have made deposits costlier as the interest payable to customers has increased - and the regulatory actions on unsecured lending.
Paraphrasing Abraham Lincoln, Finance Minister Nirmala Sitharaman on Sunday described the Union Budget as "by the people, for the people, of the people", and said Prime Minister Narendra Modi was fully behind the idea to cut taxes for the middle class but it took time to convince the bureaucrats. "We have heard the voice of the middle class" who had been complaining about their aspirations not being met despite being honest taxpayers, she told PTI in an interview.
Seasoned India pacer Mohammed Shami says attention to detail and loyalty towards his craft makes him lethal in ICC events.
The Storyteller has a lot to like and admire about it, observes Mayur Sanap.
Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). In all other credit segments, including personal loans, delinquencies declined even as retail credit growth moderated, consequent to banks tightening the supply of credit to the unsecured segments, a report by TransUnion CIBIL said on Monday. Data shows that balance-level delinquencies, measured in terms of 90 days or more past due, in the credit card segment stood at 1.8 per cent in Q1FY25- highest among all other credit segments.
'Stay disciplined, and remain invested.' 'Volatile times are the best to invest in structural opportunities at the right price.'
LSG released KL Rahul before the team submitted its list of retained players by the October 31 deadline.
Ranveer Allahbadia found an easy way of asking questions which made sense to him and his team. No counter-questions or finding out the 'Why?' from the celebrity he was speaking to. The 'Why?' was buried and forgotten in Ranveer's shows, observes Syed Firdaus Ashraf.
After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.
With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the combined value of investments over $3.5 billion. During the year so far, 11 deals have been announced, according to Bloomberg data.
the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.
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