The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.
A 24-hour control room was set up in the neighbouring district of Wayanad following the Nipah outbreak in Kozhikode
Officials said in the evening that a six-metre section of a steel pipe had been inserted into the bored passage. Another section was being welded into it. The plan is to insert 800 mm and 900 mm diameter pipes -- one after the other -- with the help of the giant drill till an escape passage is created for the workers stranded beyond the collapsed portion of the under-construction tunnel.
The average daily recovered cases are now more than 55,000 and active cases are just 25 per cent of the total COVID cases.
Among the Sensex firms, Bajaj Finance emerged as the biggest gainer by climbing 2.95 per cent. Tata Motors, Bajaj Finserv, IndusInd Bank, Sun Pharma, Mahindra & Mahindra, State Bank of India, Larsen & Toubro, HDFC, HDFC Bank, Maruti, Reliance Industries and Bharti Airtel were the other major winners. HCL Technologies, Axis Bank, ICICI Bank, Tech Mahindra and Titan were among the laggards.
Animal's violence isn't for the fainted-hearted unless you have an appetite for Korean style mayhem, like Sukanya Verma.
the RBI will need to fulfil its April 4 pledge to avoid liquidity shortages.
Infra segment, refinery product impacted the most, even as contraction narrows in latest month.
Deepa Gahlot lists some 2023 movies that you need to watch if you haven't already.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
What is perhaps more worrisome is that while the conviction rate in rape cases has increased marginally in recent years, the chargesheeting rate has gone down -- which means cases are not going to court.
Addressing a press briefing, Union Health Ministry Secretary Rajesh Bhushan said on the basis of a seven-day rolling average the positivity rate of COVID-19, which was 11 per cent during the first week of August, has come down to 8 per cent now.
Beauty and Personal Care (BPC) e-retailer Honasa Consumer's initial public offering (IPO) has failed to find backing from analysts due to the company's weak financial track record and expensive valuation. T Manish, research analyst at Samco Securities suggests avoiding the IPO as the company's financial performance does not inspire confidence. "The profit has been inconsistent and advertising and marketing expenses are incredibly high at around 40 per cent of the revenues.
CRAs are getting more business than they were getting a year ago. This could indicate expectations that investment demand will rise in the mid-term, says Devangshu Datta.
Personal loans and credit card loans provide quick access to money when it is urgently needed, but they also carry risks for borrowers.
'Auto, pharma, and industrials have delivered well in the recent quarter, while businesses like quick-service restaurants, consumer staples, and durables have underperformed in volume growth.'
Uttam Ghosh offers his take on the dismal state of the Indian economy and the terrifying rise in COVID-19 infections with each passing day.
ITo steer clear of sanctimonious newspaper stories all your life, and then be saddled with movies like Kadak Singh -- now there's a rotten bit of luck worth moaning about, sighs Sreehari Nair.
As many as 31 mainboard IPOs raised a cumulative Rs 26,272 crore in this period, according to Prime Database. During the April-September 2007 bull run, 48 IPOs totalling Rs 21,243 crore were launched. The number of deals in H1FY24 was 2.2 times that of the same period of the last fiscal year, but the amount raised was 26 per cent lower.
Praggnanandhaa is on his own at the Azerbaijan capital of Baku as his personal coach RB Ramesh is away in another country.
'Pollution acts as an endocrine disruptor.' 'When it acts as an endocrine disruptor it has an effect on the endocrine system of the human body and the effect on the pancreas is an important one.' 'The way you get type two diabetes is due to two defects.' 'One is the pancreas doesn't produce enough insulin.' 'The other physiological defect is insulin resistance.'
If the fiscal deficit for the year can be maintained at Rs 7.04 trillion, the deficit as a percentage of GDP will slip to 3.44 per cent
More than the jingoism overkill, it's the tedious tone of telling stories of this genre that hurts Pippa, observes Sukanya Verma.
The total recoveries have climbed to 8,17,208, while there are 4,40,135 active cases of coronavirus in the country at present, the govt said as the COVID-19 tally surged to 12.87 lakh.
Many analysts over the past week have said the RBI has legroom to cut rates to the tune of 65 bps by June and some like Barclays and BofA have also spoken about the likelihood of an inter-meeting cut.
Chef par excellence Satish Arora recalls his days working as a chef to prime ministers to Chandrima Pal.
The country's foreign exchange reserves crossed the $600 billion mark for the first time after increasing by $6.842 billion in the week ended June 4, RBI data showed on Friday. The reserves surged to a record $605.008 billion in the reporting week, helped by a rise in foreign currency assets (FCA), a major component of the overall reserves, as per weekly data by the Reserve Bank of India (RBI). In the previous week ended May 28, 2021, the reserves had swelled by $5.271 billion to $598.165 billion.
E-commerce major Amazon will host Prime Day - its annual sale event - in India on July 15-16. The company will launch over 45,000 products from over 400 Indian and global brands. The announcement of the Prime Day event in India comes at a time when 900 workers at Amazon UK plan to strike for three days (July 11-13).
Chairing the 19th meeting of the Group of Ministers (GoM) on COVID-19 through video-conference on Friday, Vardhan said India has achieved the milestone of more than 10 lakh recoveries, a recovery rate to 64.54 per cent.
RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
'KL Rahul and Shreyas Iyer have not played matches. Playing in a big game like Asia Cup or World Cup is totally different, there is a lot going on. Your level of fitness has to be more than 100%. I hope they are fit.'
Titan posted better than expected revenue growth in the March quarter of the financial year 2022-23 (Q4FY23), powered by strong demand trends in the jewellery and watch segment. Standalone jewellery sales for the firm were up 24 per cent year-on-year (YoY) on a slightly lower base and aided by like-to-like growth of 19 per cent. The company highlighted that new buyer growth was at 15 per cent while average ticket size was up 8 per cent.
'In today's world, it is difficult for public pressure to work against a country like India.'
The spreads between state development loans and equivalent-maturity government papers have started widening, and market participants don't expect them to contract anytime soon. The rise in spreads is a direct measure of market displeasure than a rise in yields.
India has surpassed the United States to become the fastest COVID-19 vaccinating country in the world with an average daily rate of 30,93,861 vaccine doses, the Union health ministry said.
New Zealand's campaign has hit a disheartening flatline after their early domination and the Kiwis will have to rediscover their bowling mojo for a World Cup reboot when they face knocked-out Sri Lanka in Bengaluru on Thursday.
Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.
If these six stories in Rainbow Rishta are any indication, then urban Indian society is moving towards a welcome liberalism, even though reality cannot be so simple, notes Deepa Gahlot.
IMAGES from the ICC World Cup match between New Zealand and Sri Lanka at the M Chinnaswamy stadium, in Bengaluru, on Thursday.
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