'Earnings will be the catalyst for markets to march higher from here on out.'
Have you ever seen her lovelier?
The glamorous streak of apna celebs continues on into the New Year.
Care for a hot broth to welcome Father Christmas?
Bollywood stars celebrated Father's Day with beautiful pictures and messages on Instagram.
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
IPO-bound hospitality major Oyo's India Chief Executive Officer (CEO) Ankit Gupta and the head of its Europe business Mandar Vaidya have resigned. A company spokesperson told Business Standard that the two had moved on from their roles six months ago in March 2023. During the same period, Oyo had rejigged its top management, where the company's COO Abhinav Sinha was reassigned as Chief Product and Technology Officer, while Chief Business Development Officer Anuj Tejpal was reappointed as Global Chief Merchant Officer.
His value lifestyle brand Zudio signals a coming of age of retail in small town India.
'We were sure our appeal would succeed. We knew we could break down the evidence and show it was hollow.'
Consolidation is the prime mood of the Indian equity market at the moment.
The board of Religare Enterprises Ltd (REL) has rallied behind its embattled chairperson Rashmi Saluja, saying she had turned around the financial services company whose market cap has increased to about a billion dollars from under $100 million in March 2018. The board -- which is fending off an Rs 2,200 crore open offer by the Burman family -- said accusations had not only targeted Saluja but the entire Religare management that has made Religare debt free. "Our story has been one of resurgence under the guidance of the Board of Directors led by Saluja, executive chairman.
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
Among the 44 per cent of Indian students who have used Gen AI in their studies, 60 per cent say it helps them learn faster, 55 per cent say it allows them more creative use of learning, while 51 per cent say it frees up their time.
The release of water from the Chungthang dam led to a sudden increase in water levels up to 15-20 feet high downstream, defence spokesperson Lt Col Mahendra Rawat said.
A controversy erupted in Tamil Nadu on Tuesday over a district collector allegedly asking his subordinate to carry his shoes, an allegation which the official rejected outright.
Rise in input costs, inventory write-off, and pricing pressures led to a drop in gross margins. Higher competitive pressures led to cuts in operating profit margins and earnings estimates for FY24 and FY25. Most brokerages have a 'neutral' or a 'reduce' rating on the stock on account of valuations.
'Indian single malts have a very specific character.' 'They are sweet when you take a frontal palette approach and change significantly with the addition of water.'
Even though Bharat Forge's performance in the July-September quarter broadly met Street estimates and defence orders are on the rise, the subdued outlook for its global business has prompted some brokerages to adopt a cautious stance on the company. Analysts have reduced the company's earnings per share (EPS) estimates to account for the slow recovery of its overseas subsidiaries. Valuations are also trading at long-term averages, which could limit potential upsides.
'We buried her yesterday.' 'There were so many bodies, they could not fit in the hospital anymore, so they put them in an army base nearby.'
Style Junkiie's new line was a casuals fest.
'We have done tremendous automation in the stock markets'.
Rakul can't stop smiling... Priyanka's busy shopping... Kartik doesn't want to share his secret...
The country's largest listed footwear brand by market capitalisation, Metro Brands, posted better than expected December quarter results for the 2022-23 financial year (FY23), riding on store expansion and strong same store sales (SSS) growth. Profitability too remained robust, even as net profit growth was marginally lower. The company, which retails across the Metro, Mochi, Walkway, Crocs and Fitflop formats, posted a 24 per cent growth in revenues over Q3FY22.
The SEBI and the RBI will look into it. Let their reports come in, BJP MP Mahesh Jethmalani said.
The fees charged by investment banks to manage initial public offerings (IPOs) have increased to an average 3.23 per cent of the issue size this calendar year, the highest since 2020. The average fee is up 8 per cent compared to last year, when it stood at 2.99 per cent. The investment banking fees have increased as the average IPO size has shrunk this year.
James was suspended on July 28 after the ministry launched a probe into the alleged irregularities in appointments and recruitment of faculty and compliance to reservation rosters during his tenure.
The stock of the retail chain Avenue Supermarts (Dmart) was the biggest loser in the BSE 100 Index shedding 4.35 per cent on Thursday and added to these losses on Monday by falling an additional 1.3 per cent. The Street was reacting to lower than expected operational performance by the company in the March quarter. The country's largest listed retailer by market capitalisation reported a 20 per cent year-on-year (y-o-y) growth in its top line to Rs 10,337 crore.
Those who don't eat fish may include alternatives like chia seeds, flax seeds, walnuts, soybeans and kidney beans, which are rich in Omega-3 fatty acids and offer major health benefits, says Dr Karthiyayini Mahadevan.
The combined market-cap of all listed Adani group firms has plunged nearly Rs 7.11 trillion since January 24 when the Hindenburg report was made public.
Unless companies press the pedal on implementation, further stock price gains might be limited, says Hamsini Karthik.
'Two in three creators in India who earn money from YouTube agree that YouTube is their primary source of revenue.'
A strong business update for the April-June quarter of the 2023-24 financial year Q1FY24 has led to a big jump of over 7 per cent in the share price of Bajaj Finance on Tuesday (July 4). The non-banking financial company's (NBFC's) new loan book grew 34 per cent with 9.9 million new loans booked in Q1FY24 from 7.2 million loans booked in Q1FY23. The company's total customer franchise rose to 72.98 million (as on June 30, 2023), compared to 60.30 million year-on-year (YoY) with the highest-ever quarterly increase of 3.84 million in Q1FY24. Assets under management (AUM) grew by 32 per cent to about Rs. 270,050 crore in Q1FY24 from Rs. 204,018 crore in Q1FY23.
The top 300 pharmaceutical brands in the country will now bear a quick response (QR) code on their packaging to rein in spurious drugs and ensure better traceability.
An Indian caregiver in Ashkelon, Israel, recounts what he saw the day Israel saw its worst attack by land, air and sea.
Leading bourse Bombay Stock Exchange on Tuesday favoured more stock markets in the country saying it will help in channelising the household savings into productive capital.
These were the fastest and most consistent wealth creators over the past 5 years.
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