In the continuing battle between the promoter family and Invesco, ZEEL said its MD and CEO Punit Goenka has informed its board about a proposal made by Invesco about the merger, under which Strategic Group would hold majority stake but he was offered to be appointed as MD and CEO of the merged entity besides offering 4 per cent stake. In a regulatory filing, ZEEL alleged that Invesco's stance in their Open Letter that they "will firmly oppose any strategic deal structure that unfairly rewards select shareholders, such as the promoter family, at the expense of ordinary shareholders" runs contrary to the very deal Invesco was proposing itself a few months ago.
'Guarding the borders in extreme weather conditions is not easy and most people don't realize it is a very tough job.'
'In May 2020-2021, nearly 10 crores (100 million) lost jobs. 'Covid is not the reason for the present crisis. It aggravated the crisis.'
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
'Nehru's inability to take religion seriously as a category led to serious errors of judgement in his dealings with the Muslim League, and later, also with the Hindu right.'
The 40-page policy document mentions that "attempts would be made to ensure there is a population balance among various communities in the state. Extensive campaigns would be run in communities, groups, and geographical areas where fertility rates were higher."
The currency market won't care for our moans, groans, cries and sighs. The rupee will find its own level, explains Tamal Bandyopadhyay.
'Make sure you provide enough support (income, nutrition, healthcare, and housing) to migrants stuck (and their households), so they are not compelled to seek work or migrate back.' 'Otherwise, the risk of contagion is extreme.'
The victims were duped of of their retirement savings ranging between $ 1,180 and $ 174,300, the Department of Justice said on Monday.
'We never go overboard on any stock, no matter how good it may seem.'
But it may come with a downside risk of further rise in prices of several products.
IMD expects day temperatures to remain above-normal in select regions across the country between March and May 2021.
The seventh Tibet Work Forum was held in Beijing on August 28 and 29. Delhi should be deeply concerned, at a time India faces a precarious situation in Ladakh, because the TWF also defines China's western border policies, observes Claude Arpi.
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
The report by the High Level Advisory Group said India stands to benefit even more when the US and China are locked in a global trade war.
Shah attacked Banerjee over the alleged culture of political violence in the state, saying the only industry that was flourishing in Bengal was that of "crude bombs and illegal weapons".
Embargo on imports from a neighbouring country would send a chilling signal to foreign investors who look for transparency and companies with manufacturing units in India had requested the government to publish any change in port policy "to provide the business community with the visibility they need to function", says United States-India Strategic Partnership Forum.
The government will soon issue guidelines for regulation of OTT (over the top) platforms that will address issues such as sensitive content, the Rajya Sabha was informed on Tuesday.
The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.
'It's like the BJP is mocking people: Do what you want, we'll still win.'
India's work participation rate is lower than Pakistan and Bangladesh. Are Indians lazy? No, there are no jobs, asserts Aakar Patel.
'One out of three phones sold in India is a Xiaomi phone.'
'Modi has not lacked courage in the political sphere. It is time he showed it in the economic sphere as well.' 'To do this, he needs to shed the simple-minded nostrums about economic growth and swadeshi that he learnt in the Sangh Parivar,' suggests Virendra Kapoor.
With the world's worst outbreak of COVID pandemic stalling a nascent economic recovery, the government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help. Some of the economic indicators, including the Goods and Services Tax (GST) collections, still provide confidence and incoming data will throw some more light on the state of the economy, sources said. Services sectors like hospitality, tourism and aviation which had just started recovering were hit hard by the second wave of COVID, the sources said, adding these segments might need some support on an urgent basis from the government.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
Recovery was largely driven by the European Union markets.
Defence Minister Rajnath Singh on Monday urged dialogue between the protesting farmers and the Centre while addressing a meeting of Bharatiya Janata Party office-bearers, during which he also invoked the border clashes with China and the construction of the Ram temple.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
"Wishing you all the best for your future endeavours, Ankita! Hope you continue making the nation proud. Many congratulations @ankita_champ ! #TOPSAthlete #SAI," the Sports Authority of India wrote on its Twitter handle.
All eyes will be on what the prime minister says as his August 15 addresses have often been marked by big announcements, his government's achievements and bringing to people's attention what he believes to be the major challenges facing the country.
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
The Congress president alleged that the surgical strike was made public as the BJP was fighting elections in Uttar Pradesh.
Shooter Avani Lekhara scripted history on Monday as she became the first Indian woman to win a gold medal at the Paralympics, firing her way to the top of the podium in the R-2 women's 10m Air Rifle Standing SH1 event in Tokyo.
The former Union minister said the population debate is 'utterly misplaced' and half a century out-of-date as a large majority of Indian states have achieved replacement levels of fertility.
It also took exception to Australian Foreign Minister Julie Bishop's call for resolving the Doklam issue peacefully
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
Imports also fell for the eighth consecutive months, down 0.75 per cent to $41.14 billion in January, widening the trade deficit to a seven-month high of $15.17 billion.
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