Balkrishna V Doshi, who won the Pritzker Award in 2018 -- which is equivalent to the Nobel Prize in architecture -- passed into the ages this week. Sohini Das recalls an encounter with the the legendary architect, who was posthumously awarded the Padma Vibhushan in this year's Republic Day honours list.
The Indian equity market has been dancing to the tune of foreign portfolio investors (FPIs) for more than two decades now. Typically, when FPIs are net-buyers on Dalal Street (D-Street) and raise their ownership of Indian equities, the broader market rallies. Conversely, when FPIs turn net-sellers, the stock prices decline. FPIs have been net-sellers on D-Street for five quarters on the trot and the result has been predictable.
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America.
'Very few of small investors stay invested for those three or four or five years.' 'If there's like a six month, one-year period when market is not doing well, you exit.' 'After the market has run up, you get in again.' 'This way you will never make returns.'
His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.
Hindustan Unilever and pharma stocks were on buyers' radar; rate-sensitives faced jitters ahead of the credit policy.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
Varun Dhawan posted pictures from his haldi ceremony held over the weekend.
Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled new highs despite persistent geopolitical uncertainties and inflation worries. Analysts attributed better macroeconomic fundamentals, the confidence of retail investors and foreign investors investing again in the domestic equities towards the latter half of 2022 as the key factors that led to the outperformance of the Indian market in comparison to many other stock markets worldwide. During the initial part of the year, markets were jolted by the Russia-Ukraine war.
When Mizoram batted, Shreevats Goswami (31) was the only significant scorer but the seasoned Mumbai attack led by Dhawal Kulkarni kept the minnows under check.
Marketmen want to make the most of volatility caused due to elections.
Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.
The booklet listing out unparliamentary words and expressions comes ahead of the Monsoon session beginning July 18, during which the use of words like 'anarchist', 'Shakuni', 'dictatorial', 'taanashah', 'taanashahi', 'Jaichand', 'vinash purush', 'Khalistani' and 'khoon se kheti' would also be expunged if used during debates or otherwise in both the houses.
'Varun looks like a regal prince in our bespoke white sherwani.'
The return from the ETF investment will be more than the 8.75 per cent the EPFO offers to subscribers now.
If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.
UBS reiterated its Nifty target of 9,200 by December as it expects growth to gather steam
In ITC, LIC has invested Rs 38,358.66 crore, according to Capitaline data.
See who all attended FDCI x Lakme Fashion Week in the city.
Virat Kohli and Anushka Sharma, who are holidaying in Gstaad, bumped into Varun Dhawan and girlfriend Natasha Dalal.
After sharing pictures from the haldi ceremony, Varun Dhawan has posted pictures from the mehendi ceremony.
A sharp sell-off in the Indian equities markets after a spike in crude oil prices should not be surprising. Historically there is a negative correlation between stock valuations in India and the price of Brent crude oil, which is the benchmark for the Indian crude oil basket. Between 2011 and 2014, crude oil traded above $100 a barrel for an extended period, the Sensex-trailing price/earnings (P/E) was 18X, on average, during the period, nearly 22 per cent lower than the current index P/E of 23X.
The Reserve Bank's of India's (RBI's) decision to increase the key short-term interest rates by 25 basis points has been termed as in-line with the street expectations by marketmen.
Fund managers and analysts believe a lot would depend on the outcome of the Reserve Bank of India's rate-setting meeting on 3rd May.
There are many, many, ways to promote a film, but the producers of Jug Jug Jeeyo have hit the innovation jackpot.
During enquiry, it was found that a quarrel had taken place allegedly between Sushil Kumar, Ajay, Prince Dalal, Sonu, Sagar, Amit Kumar, and others in the parking area of the Chhatrasal Stadium in North Delhi.
Congress president Mallikarjun Kharge on Friday said the views of the newly-elected MLAs in Himachal Pradesh were being sought to bring out a consensus on who will be their leader.
Investors want lower securities tax, tax breaks on equity investments.
As commendable her confidence is, Janhvi's metamorphosis from bechari to bold is slight, observes Sukanya Verma.
Investor wealth worth over Rs 13.44 lakh crore was wiped off on Thursday as the domestic equity markets tumbled along with global risk assets, after Russia launched military operations against Ukraine. Amid intensifying rout in the global financial markets, the 30-share BSE Sensex plummeted 2,702.15 points or 4.72 per cent to end at 54,529.91. The carnage on Dalal Street eroded investor wealth worth Rs 13,44,488.54 crore, taking the total market capitalisation (m-cap) to Rs 2,42,24,179.79 crore on the BSE.
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.
Oil, banks eneded the day in green while few in auto sector lost heavily.
While many are sweating in the current environment, Rakesh Jhunjhunwala's portfolio has done well and seen new additions.
Markets crashed due to domestic worries; bluechip stocks tanked too.
Afsar Dayatar/Rediff.com brings us scenes from the Jug Jugg Jeeyo trailer launch.
Investors added more than Rs 10.56 lakh crore to their wealth as markets continued their rally for the sixth straight session on Thursday. The BSE Sensex went past 61,000-mark for the first time ever on Thursday. It jumped 568.90 points or 0.94 per cent to its new closing peak of 61,305.95.
The announcement made by Sebi chairman M Damodaran that new rules on Offshore Derivatives Instruments such as PNs have come into effect in-line with the proposals made last week has put to rest all the confusion over the whole issue and normalcy is set to return to the bourses, a broker said.
Photographer Pradeep Bandekar keeps us updated about what's been happening so far today.