As many as 267 of 453 companies from the BSE500 index are trading above their consensus price targets, according to the data compiled by Bloomberg. Not all companies in the BSE500 index are tracked by analysts.
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.
More than 160 people have been killed and several hundreds injured in clashes between Meiteis and Kukis in Manipur since May 3.
A fresh exchange of fire took place on Thursday between terrorists and security personnel in Jammu and Kashmir's Rajouri district, where four Army personnel were killed and two others were injured in an encounter, officials said.
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
Ola Electric's initial public offering (IPO), of Rs 5,500 crore, is essentially aimed at ensuring the company maintain its top position in the electric two-wheeler segment, with incumbent players TVS and Bajaj Auto giving a fight to the number one player in market share. Most experts and competitors say the amount being raised is in line with the investment required to expand the electric-vehicle (EV) business. There are two discernible trends in the competitive electric two-wheeler market.
The new mountain strike corps, created to deter Chinese adventurism and launch offensives, will financially damage India's military. Ajai Shukla reports
India and China on Monday held a fresh round of military talks with a focus on disengagement of troops in the remaining friction points in eastern Ladakh and ease overall tensions in the region.
The B K Modi-led Spice Corporation said on Monday it has been shortlisted by the Satyam board to put its bid for a majority stake in the crisis-ridden IT firm. A senior official of Spice Corp told PTI the company would now get access to financial data relating to revenues, number of employees and clients and other details to value the firm for putting the auction price.
Lt Gen S A Hasnain on Saturday took over as the General Officer Commanding (GOC) of the strategically most important Kashmir Valley-based corps of the Indian army.
Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.
Ponting called for an investigation into the ball change and now the owner of Dukes' ball is set to launch an internal probe into the row.
Aware of simmering dissensions within the top echelons of the army, Munir has moved slowly in reshuffling senior generals, observes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.
Glimpses from the preparations and rehearsal for Independence Day.
President Joe Biden and other top US leaders had been warning for days that America would strike back at the militias, and they made it clear it wouldn't be just one hit but a "tiered response" over time.
The US Federal Reserve's interest rate decision, global cues, macroeconomic data announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this week, analysts said. Besides, the trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked. "All eyes are on the outcome of the US Federal Reserve meeting scheduled for November 1, particularly due to the multi-year high levels of the US bond yields.
M Corp Global has applied for six new telecom licences to the department of telecom and dispelled rumours that its company Spice Telecom is up for sale.
The fierce gunfight was going on in the area with the induction of more troops to neutralise two terrorists trapped at the spot, they said.
To begin the festive season with a bang country's leading two-wheeler maker today launched two new products in the market priced up to Rs 51,550
Al-Ittihad's Asian Champions League match with Iran's Sepahan was called off on Monday after the Saudi team refused to leave their dressing-room due to a statue of an assassinated Iranian general being placed at the entrance to the pitch.
Mehta said some bushes were there on the ground which have been cleared and some branches were trimmed so that vehicles could pass on an approach road there.
Hero MotoCorp's promoter Pawan Munjal emerged as the highest paid director.
After the October 7 attack by Iranian-backed Hamas forces on Israel, the United States military has blamed other Iranian-backed proxy groups for near-daily attacks against its forces in Iraq and Syria.
Nearly 90 per cent of the stocks comprising the National Stock Exchange Nifty 500 Index and 49 of the 50 stocks that make up the Nifty50 are trading above their respective 200-day moving averages (DMAs). The 200-DMA is considered one of the most relevant trend indicators by investors and traders. They believe that stocks and indices trading above this key level exhibit strength and are likely to rally, while those trading below this level are viewed as bearish, with the stock/index expected to see a selloff.
India is set to press for early disengagement of troops from the remaining friction points in eastern Ladakh at a fresh round of high-level military talks with China on August 14, people familiar with the matter said on Saturday.
The result is a big blow to the military establishment, revealing the limits of 'political engineering'. It reflected the anger of the electorate, especially its younger voters, who have spoken decisively against the persistent harassment and victimisation of Imran Khan's political party, asserts Rana Banerji, who headed the Pakistan desk at RA&W.
A joint operation was launched by the Army and police in the Sindhara top area of the Surankote belt on Monday night which led to a firefight, they said.
The China-focused mountain corps will include three mountain divisions (20,000 soldiers each), complete with tactical airlift capability, armed with necessary armoured regiments and artillery components, and deployment of C-130J Hercules aircraft, reveals R S Chauhan.
The China-focused mountain corps will include three mountain divisions (20,000 soldiers each), complete with tactical airlift capability, armed with necessary armoured regiments and artillery components, and deployment of C-130J Hercules aircraft, reveals R S Chauhan.
Automobile manufacturers are likely to report strong numbers for the September quarter of Financial Year 2023-24 (Q2 FY24), riding on growth across segments and offset by a marginal drop in overall two-wheeler (2W) volumes. Higher average selling price (ASP) year-on-year (YoY), which was necessitated by price hikes taken by original equipment manufacturers (OEMs), and an improved product mix will also aid revenues and margins. Moreover, commodity prices are down on a YoY basis, leading to higher margins in earnings before interest, taxes, depreciation and amortisation (Ebitda).
The former beat Andhra XI while Signals got the better of Karnataka XI in the Beighton Cup hockey tournament.
Commissioned into the 5th Gorkha Rifles regiment, he has had an illustrious military career spanning 36 years during which he held several prestigious command, staff and instructional appointments
What: iVolunteer, an NGO based in India has partnered with Atlas Corps and is inviting professionals working in the development sector to work for a year in the USA.
Rupert Murdoch's News Corp is in the early stages of talks about forming a consortium to acquire control of Formula One motor racing, according to a person familiar with the matter.
The defence ministry on Sunday said the decision is in line with Singh's vision of "inclusive participation" of all women in the armed forces, irrespective of their ranks.
State-run Indian Oil Corp is the biggest company in terms of revenue, followed by Reliance Industries, according to the Fortune 500 list of Indian companies for 2012.
Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent. After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022.
An Army colonel commanding a battalion, a major and a Jammu and Kashmir deputy superintendent of police were killed in a gunfight with terrorists in the higher reaches of Kokorenag area in the valley while one soldier was missing, officials said on Wednesday.
It was reported that media mogul Rupert Murdoch's News Corp was in talks with Microsoft for launching a joint bid for Yahoo. Yahoo is trying to remain independant & thwarting MS's takeover bid. But if News Corporation throws its weight behind Microsoft's offer, allowing the latter to raise its bid, it would put even more pressure on Yahoo and its shareholders. If the joint bid comes through, it would unite 3 most popular websites: Yahoo, Microsoft's MSN & News Corps' MySpace.
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