'No human bias is involved as happens in active funds.'
Olympic medal-winning defender Amit Rohidas will continue to lead the Indian men's hockey team in the crucial last leg of the 2021-22 edition of the FIH Pro League
Notwithstanding record revenues in certain media sectors like film exhibition in the July-September quarter (second quarter, or Q2), the operational performance of the broadcasting business remained subdued. Zee Entertainment Enterprises and Sun TV are expected to experience a year-on-year (Y-o-Y) decline in advertising (ad) revenues during this period. Conversely, box office (BO) collections are anticipated to exceed Rs 3,000 crore in the quarter, propelled by a series of successful movie releases.
'...by directing these draconian provisions against political and ideological opponents of the ruling group, minorities, and those who dare to dissent through and selective prosecution and prolonged incarceration as undertrials.'
The June quarter numbers of the country's largest listed healthcare services provider, Apollo Hospitals Enterprise (Apollo), were in line with Street estimates on the operational front. Net profit estimates, however, missed expectations due to higher interest and tax outgo. The revenue performance of the core hospital segment was robust, registering a 13 per cent increase over the year-ago quarter.
It also asked the technology giant to ensure more transparency in the revenue reports provided to publishers.
India's prices are rising faster than many of its emerging market peers. The country's inflation print for May at 4.25 per cent is a marked reduction from the levels seen in May 2022 (7.04 per cent). However, even though the inflation rate remains within the Reserve Bank of India's medium-term target of 4 per cent, with a 2 per cent margin on either side, it continues to be higher than China, Russia, and Brazil.
Multiple World champion and Olympic bronze-medallist M C Mary Kom is among the 19 boxers selected for the senior women core group of probables for this year's Commonwealth and Asian Games.
A multi-billion dollar broadcast market, the game's most powerful board's positive intent and a perfect pitch by the global body based on a three-fold 'U-P-L' principle ensured cricket's inclusion in the 2028 Summer Olympics in Los Angeles.
China on Saturday maintained silence on India's abstention at the voting at the UNHRC on the human rights situation in Xinjiang
The 2023-24 (FY24) July-September quarter (second quarter, or Q2) proved to be a mixed period for asset management companies (AMCs). While the two largest listed AMCs, HDFC and Nippon, reported robust growth in both revenue and profits, the other two, Aditya Birla Sun Life and UTI, experienced profit declines. HDFC AMC reported an 18 per cent year-on-year increase in Q2 revenue to Rs 765 crore, while Nippon's revenue rose 15 per cent to Rs 475 crore.
In the wake of stiff opposition, Prime Minister Manmohan Singh is unlikely to attend the Commonwealth Heads of Government Meeting in Sri Lanka.
'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'
Bansal was a special invitee to the meeting of the Congress Core Group, hours after party general secretary Janardhan Dwivedi dismissed the Opposition's demand for the Railway Minister's resignation.
As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".
Gandhi said the govt "tried everything to stop" his 'Bharat Jodo Yatra', but nothing was working against the "effect" of the foot march.
Jaswant Singh, who was unceremoniously ousted from the Bharatiya Janata Party for 'attacking' the party's 'core ideology,' had described the saffron organisation as 'an open field where one gets to kick an ideological football everyday.'
In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.
Faced with fresh agitation on the issue of Telangana and continued uncertainties over the food security bill, the Congress top brass including Prime Minister Manmohan Singh and party chief Sonia Gandhi deliberated on the way ahead.
The Jammu and Kashmir administration has neither accepted nor rejected the demand but the protest had to be suspended as stopping of salaries is 'choking us financially', protesters affiliated to the All Migrant (Displaced) Employees Association Kashmir (AMEAK) said.
The National Food Security Bill, 2011, considered to be the world's largest experiment in ensuring food security to poor, has been a key project of Congress president Sonia Gandhi.
Khan, 70, was arrested from his home in Lahore on Saturday shortly after an Islamabad trial court found him guilty of 'corrupt practices' in the Toshakhana corruption case and sentenced him to three-year imprisonment.
With proceedings in Parliament being disrupted, Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi on Tuesday discussed ways to resolve the logjam over Walmart lobbying and quota in promotions issues.
The Bharatiya Janata Party said that there should not be any politics on the Supreme Court ruling and everyone should respect it.
Rahstriya Swayamsevak Sangh ideologue S Gurumurthy, who was asked by the Sangh to probe charges against Bharatiya Janata Party president Nitin Gadkari, on Wednesday said he had found "no moral or legal wrongdoing" in Purti Group's funding and alleged that the media is giving the issue a political colour.
The central election committee of the Bharatiya Janata Party will meet on Thursday to finalise its first list of candidates for five assembly polls, with top party leaders, including Prime Minister Narendra Modi, expected to attend the meeting.
HDFC Asset Management Company (HDFC AMC) reported a healthy profit after tax (PAT) of Rs 430 crore for the July-September quarter (Q2) of financial year 2023-24 (FY24). It rose 20.2 per cent year-on-year (Y-o-Y) and decreased 8.4 per cent quarter-on-quarter (Q-o-Q). This was driven by good equity returns, leading to a sequential improvement in revenue yields.
The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
One in eight adults who are infected with SARS-CoV-2 experience long term symptoms due to Covid-19, according to one of the most comprehensive studies on the viral disease to date published in The Lancet journal on Friday.
Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Jio Financial Services Ltd (JFSL) demerged from Reliance last month and is currently listed under a dummy ticker after its price discovery at Rs 261.85 but there is no trading happening in the scrip. The listing on BSE and NSE has been scheduled a day before FTSE Russell plans to drop JFSL from its indices.
A decision on the way ahead for the ambitious Food Security Bill is expected to be taken on Wednesday with Prime Minister Manmohan Singh and Congress President Sonia Gandhi holding deliberations on the matter.
Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.
Congress is likely to clear its position on the vexed issue of Telangana soon, as a view is firming up in the party that dragging on with the separate statehood demand will be detrimental to its interests.
The Congress top brass, including Prime Minister Manmohan Singh and party chief Sonia Gandhi, met on Saturday evening amid strong demands for swift action against the perpetrators of the horrific gangrape and assault on the 23-year-old paramedic student.
With the United Progressive Alliance declaring Hamid Ansari as its candidate for the post of vice president, the Bharatiya Janata Party on Saturday decided to go for a contest, but maintained that it will finalise its nominee after consulting National Democratic Alliance allies.
Presenting the eventful life and times of the Congress vice president.
The Reliance Dhirubhai Ambani Group revealed plans of venturing into the power equipment business.
Railway Minister P K Bansal's continuance in the Union Cabinet hung in balance on Saturday night as the Congress and the government received a fresh battering in the wake of the arrest of his nephew on the charge of accepting bribe to fix plum position in the Railway Board.
Divisions persisted within the Bharatiya Janata Party over the continuance of Nitin Gadkari as its president even as its Core Group yet again stood behind him insisting that there was 'no legal or moral wrongdoing' by him in the running of his company.
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