'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
From the Sensex pack, Power Grid, Infosys, Asian Paints, Mahindra & Mahindra, HCL Technologies, IndusInd Bank, Tech Mahindra, Bajaj Finance, Wipro, Tata Consultancy Services, HDFC Bank and Titan were the major gainers. Tata Steel and Bharti Airtel were the laggards.
'Sell in May, go away' is a popular market adage. But 'Don't sell any new shares in May' is the best kept secret of Dalal Street that's set to break. Sample this: the last four General Election election cycles starting 2004 have not seen a single initial public offering (IPO) launch during the month of May.
Hotel rooms, usually in the range of Rs 20,000 to Rs 25,000 a night during the peak season, are now available for Rs 7,000 to Rs 10,000 a night.
Five MLAs -- four from the BJP and one independent -- were also sworn in as ministers. However, former home minister and six-term MLA from Ambala Cantt, Anil Vij, has not found a place in the new cabinet.
The annual day function at Dhirubhai Ambani International School in Mumbai turned out to be a star-studded event, as film folk stepped out to applaud the superstars in their own homes.
The Softbank-backed company has set a price band of Rs 72 to Rs 76 per share for the maiden share sale and is expected to test the appetite for new-age loss-making companies.
While Anushka Sharma and Virat Kohli welcomed their second child in February, Namrata Thakker looks at the other celebs getting ready to embrace parenthood for the first time.
Saini, who is an MP from Kurukshetra, was unanimously elected as the leader of the state BJP legislature group and will be sworn in later in the day, party MLAs Subhash Sudha and J P Dalal told reporters.
AAP leader and party's Surat Lok Sabha president Rajnikant Vaghani demanded that either Kumbhani be booked on the charges of forgery or his proposers be booked for giving false declaration on oath.
The actor looked like a sweet winter treat in a pista coloured sari with lace borders.
'It is advisable to stay away from the markets for now and buy only on a dip.'
Dalal Street investors became richer by Rs 9.68 lakh crore in five days of market rally, where the Sensex breached the historic 73,000-mark for the first time ever to reach a new record peak, taking the market capitalisation of BSE-listed companies to an all-time high of Rs 376 lakh crore. The 30-share BSE Sensex jumped 759.49 points or 1.05 per cent to settle at a new closing high of 73,327.94 on Monday. During the day, it zoomed 833.71 points or 1.14 per cent to reach its all-time peak of 73,402.16.
ITC's net profit grew the fastest, followed by HUL and Asian Paints.
Even as Srini Pallia, a Wipro veteran, is set to take charge as the chief executive officer (CEO) of the company, analysts expect the stock's underperformance to continue in the near-future. This, they believe, will be on the back of likely loss of market share, and difficult business environment. "We expect Wipro to underperform peers on growth once again in FY25 as channel checks and media reports suggest Wipro is losing share with select clients across multiple verticals.
Actor-Writer Hussain Dalal is engaged to his fashion stylist and costume designer girlfriend, Zeeba Miraie.
Going 'long' is becoming an overcrowded trade on Dalal Street, and any negative trigger could lead to a sharp correction, warn experts. However, given the strong momentum, particularly in IT stocks, the downside could be protected in the immediate term. "With the Nifty50 surging to new life-time highs, the bulls remain in control. Further upsides are likely once the immediate resistance of 21,492 is taken out.
D-Street is hoping RBI policy review meeting on Tuesday will uphold its stand on easing of interest rates
The Nifty IT index, data shows, has outperformed the markets in each of the last four election years post the result. announcement.
Among the bigwigs are Union ministers Amit Shah (Gandhinagar), Jyotiraditya Scindia (Guna), Mansukh Mandaviya (Porbandar), Parshottam Rupala (Rajkot), Pralhad Joshi (Dharwad) and SP Singh Baghel (Agra).
The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, analysts said. Delaporte, Wipro's seventh CEO, also resigned without completing his five-year term, like his predecessor Abidali Neemuchwala decided to end his tenure prematurely in 2020. Phil Fersht, HFS Research CEO and chief analyst believes the change in leadership was at least six months overdue.
As much as one would have liked a glimpse into the lady's culinary excellence, Tarla acquires its endearing character in Huma Qureshi and Sharib Hashmi's harmonious display of doting husband and wife, observes Sukanya Verma.
The Indian contingent has surpassed its previous record from the 2018 Asian Para Games in Hangzhou, China, with a total of 73 medals in the current edition.
Among the Sensex shares, Infosys rose the most by 1.37 per cent, followed by Larsen & Toubro (0.90 per cent), and Wipro (0.83 per cent). HDFC Bank, ICICI Bank, Reliance Industries, ITC, TCS, Kotak Bank, Asian Paints and Titan were among the lead gainers.
The Bharatiya Janata Party replaced at least 25 sitting MPs with new faces as the party released its second list of 72 candidates for the upcoming Lok Sabha polls on Wednesday.
Investors not comfortable investing directly may take the mutual fund route, where they get exposure to a diversified portfolio of bonds.
'This might prove to be a temporary gain for the BJP, but at a huge cost to the people of Gujarat and democracy in India.'
Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.
Karva Chauth was special this year for some film folk, as they had their first taste of it.
The stakes are significant for the BJP in this round as the party had in 2019 won an overwhelming majority of these seats, including all in Gujarat, Chhattisgarh, Bihar and Madhya Pradesh, that will go to polls on May 7.
Rediff.com's Hitesh Harisinghani clicks the couples at the Nita Mukesh Ambani Cultural Centre.
After a sharp fall in the share prices of HDFC Bank and other private sector lenders in the past three days, the BFSI (banking, financial services and insurance) sector weighting in the Nifty50 has slipped to a seven-year low of 32.03 per cent, down from nearly 36.6 per cent at the end of March 2023 and 34.5 per cent at the end of December 2023.
The 16-strong Delhi squad, led by Kolkata Knight Riders star Nitish Rana, also has a number of current IPL players in its ranks.
'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'
Varun celebrates his birthday... Mohanlal holidays with wife...Hina goes to Kashmir...
Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak earnings.
A glimpse of the celebs who showed up at Lakme Fashion Week x FDCI.
Fighter's distressing lack of thrills and sizzle reduces the exercise to an excuse for tedious amounts of Pakistan bashing, observes Sukanya Verma.
From MRF to Shree Cement: 23 companies which delivered 30% CAGR in 15 years.
