The Janata Dal-Secular on Thursday petitioned Karnataka Governor Thaawarchand Gehlot, seeking his intervention recommending a CBI probe into the sexual abuse charges against Hassan MP Prajwal Revanna.
Multiple challenges, particularly with regard to cabinet formation, stare at Siddaramaiah as he takes over as the new chief minister of Karnataka, nudging out party colleague and state Congress president D K Shivakumar -- who will now be his deputy.
Claiming taxes collected from the south were being distributed to north India and that the former were not getting their due share, Congress MP D K Suresh on Thursday said the southern states will be forced to demand for a separate nation if the 'injustice' was not rectified.
Shah visited the residences of CM Ekanth Shinde, and DCM Devendra Fadnavis to take darshan of Lord Ganesh.
A low intensity bomb blast at a popular eatery in Bengaluru on Friday left 10 people injured, leading the police to invoke the stringent UAPA provisions in the case. Subsequently, the police were looking into all angles related to the incident.
Sugar prices are hovering near six-year highs, leaving a bad taste in Indian consumers' palates but sweetening the portfolios of investors in related stocks at Dalal Street. Shares of sugar manufacturers such as Piccadily Agro, DCM Shriram, Magadh Sugar, and Bajaj Hindustan have rallied up to a whopping 200 per cent so far in the financial year 2024 (FY24) as deficient monsoon rains in major sugarcane producer states like Maharashtra and Karnataka are expected to lead to a shortfall in sugar output ahead. In comparison, the BSE Sensex has modestly gained 11 per cent during this period.
Stocks of small- and mid-cap companies continued to gain ground in July, notwithstanding analysts sounding caution on these two market segments given the sharp run thus far in calendar year 2023 (CY23). Sanjeev Prasad, co-head of Kotak Institutional Equities, in a note co-authored with Anindya Bhowmik and Sunita Baldawa in June-end, had cautioned against the sharp run in small- and mid-caps. "We do not see any particular reason for the excitement in small- and mid-cap stocks.
'The Maharashtra government is not being very clear; they are keeping quiet.'
An opportunity to enter a burgeoning sector at a low valuation and favourable policies are propelling some of India's largest corporate groups to scoop up drone start-ups. "Indian corporations lost the race in aerospace and space tech. "No one wants to miss the bus this time. "These are seasoned businessmen and they realise that the market cap of tech companies with problem-solving capabilities will exponentially rise in future," says Vipul Singh, CEO of Aarav Unmanned Systems (AUS).
Capital markets regulator Sebi has sent a notice to Deccan Chronicle Holding's promoters and asked them to pay Rs 4.29 crore in a matter related to misrepresentation of financial statements of the company from FY 2008-09 to 2011-12. The regulator directed T Venkattram Reddy, T Vinayak Ravi Reddy and P K Iyer to pay Rs 4.29 crore, which includes interest and recovery costs, within 15 days, Sebi said in a demand notice issued on Friday. In the event of non-payment, it will recover the amount by attaching and selling the movable and immovable properties of the Deccan Chronicle Holdings Ltd (DCHL) promoters.
Maharashtra Speaker Rahul Narvekar will likely disqualify the 16 Shiv Sena MLAs, including Eknath Shinde, who will then be asked to resign as chief minister. 'Once this is done, Ajit dada will be sworn in chief minister.'
Amruta Fadnavis told the bookie that she will go through the cases and then talk to Devendra Fadnavis, who also holds the home portfolio.
The use of wax would contravene current regulations unless a change is approved by the ICC, but would be a far safer and hygienic process amid the coronavirus pandemic.
They were trying to board the Delhi-Agra Intercity Express from the 'non-platform side'.
What provoked Ashok Gehlot's belligerence was Sachin Pilot's participation in the Bharat Jodo Yatra with Rahul and Priyanka Gandhi in Madhya Pradesh. Gehlot was also aware that Rajasthan assembly Speaker C P Joshi had met Rahul in Maharashtra.
No prizes for guessing what the BJP's election campaign is going to be, and who will provide important inputs for it.
'Life has been full of rewards, full of sadness.'
A fearless competitor who used brain and brawn in equal measure, Subhas Bhowmick was one of the most fascinating characters in Indian football through the 1970s with his muscular built and equally expressive carefree opinions.
'We told the government that we won't dance to their tunes this time.'
The incumbent ministers put in their papers at the meeting of the cabinet, which was their last, at the secretariat in Amaravati.
Siddaramaiah asserted that the Karnataka government was a 'strong' one and ridiculed state BJP president B S Yeddyurappa for repeatedly claiming that the coalition will collapse.
Mergers & acquisitions started off on a strong footing, hitting a four-year high at $30.3 billion in the first quarter of 2022, bucking the global trend where deal-making fell sharply, says a report. Deal activity grew by 5.6 per cent in value terms in January-March 2022 compared to the first quarter of 2021, making it the highest first-quarter period since 2018 when it was $31.1 billion. In volume terms, the M&A activity grew 29.6 per cent in the first quarter of 2022, making it the best-ever quarterly number, according to the M&A numbers collated by Refinitiv, an LSEG business, which is among the world's largest providers of financial markets data and infrastructure. M&As involving domestic companies stood at $23.7 billion, down 8.3 per cent on year.
The IPL teams will start training in Mumbai from March 14 or 15 onwards for which five practice venues have been identified.
Both the exchanges advised their trading members to exercise additional due diligence while trading in illiquid stocks either on own account or on behalf of their clients.
Senior BJP leaders Chandrakant Patil, Vinod Tawade and Girish Mahajan attended the meeting held at the official residence of the chief minister, the party sources said.
Bharat Ram, Chairman Emeritus of DCM Ltd, will be remembered as a leader who successfully forged partnerships between private sector and the government besides bringing international recognition to Indian business.
Last week, when Harish Bhasin, the Delhi-based stock broker, made an open offer for DCM Shriram Industries Ltd, he was back in news after almost 25 years.
Transcript of the market chat held on December 27.
While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
Production at Maruti Udyog, country's largest carmaker, may be hit by an over two-month long strike at DCM, one of its major vendors.
The Zee saga will see a long-drawn-out court battle before shareholders get any chance to vote on any proposal by the management or Invesco, says Prosenjit Datta.
Restructured debt from Indian power distributors lures investors
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
Ravi Teja and Illena will team up for the third time in Devudu Chesina Manushulu
"It is unrealistic to expect that COVID-19 pandemic can be eliminated at this stage given that community transmission is already well-established across large sections or sub-populations in the country," the report said.
ITC, Godrej Agrovet, DCM Shriram and other companies expanding in rural areas may eclipse the growth of their urban counterparts, including Reliance Fresh and the Future Group-owned Food Bazaar chain, helped by higher farm income that is spurring a boom in sales of fast moving consumer goods, consumer durables and apparel.
DCM Shriram Industries , too, is issuing 700,000 warrants to its promoters, Tilak Dhar and his brothers, which will raise their shareholding from 32.54 per cent to 42 per cent, though this has been challenged in the courts by shareholder Harish Bhasin, who has mounted a takeover bid on the company.
Chennai's Great Lakes Institute of management (GLIM) has equipped its students with some knowledge of Mandarin, Chinese history and culture.
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