Ratan Tata, Chairman Emeritus of the Tata Group, on Sunday said ace investor Rakesh Jhunjhunwala will always be remembered for his acute understanding of the markets as well as for his jovial personality, kindness, and foresightedness. Jhunjhunwala, often referred to as 'India's Warren Buffett', passed away here Sunday morning due to a cardiac arrest. He was 62. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata conglomerate.
Many Bollywood couples celebrated their first Karva Chauth this year.
Inflation data, both at domestic and global level, interest rate scenario in the US, geopolitical situation and general elections in 2024 are some of the major factors that would influence trading in the equity market this financial year, analysts said. Besides, foreign fund trading activity and global trends will also dictate terms in the equity market going ahead. Equity markets across the globe faced major challenges in FY23 due to concerns over high inflation, which resulted in increase in interest rates around the world, lowering investor sentiment, experts added.
The accused told about their dilemma during their interrogation with the Delhi Police, however, the police say that there is a contradiction in their statements, so every angle is being investigated closely.
One special screening isn't enough for Alia Bhatt's debut production Darlings, so the star organised another one for her friends from the industry.
Why settle for $400-500 million when you can make a billion or even more? That, in a nutshell, is why Krishna Kumar, 43, and Kashyap Dalal, 40, co-founders of Bengaluru-based edtech firm Simplilearn, one of the big players in the segment, sold a 51 per cent stake to Blackstone instead of selling 100 per cent as close competitor and rival Great Learning chose to do.
It is the country's largest issuer of bonds by default. But the government of India thinks it has enough expertise to give the private players a tip or two on how to time the equity market.
Kartik's enjoying Europe... Mouni beats the mid-week blues... Ananya has something to share...
The hour-long episodes lurch from adrenaline-pumping to yawn-inducing, observes Deepa Gahlot.
Singh's family members, who have been staying with a relative since her death, were informed about the theft by their neighbours on Monday morning, they said.
Currency market participants do not expect the rupee to slide immediately but feel a sharp rise is unlikely because of month-end dollar demand from importers.
India's largest listed pharmaceutical (pharma) company - Sun Pharmaceutical Industries (Sun Pharma) - is expected to maintain its outperformance vis--vis the sector's, as its multiple bets on specialty products, improving product mix, recent acquisitions, and branded business are finding favour with brokerages. While it has gained 7 per cent over the past year, the Nifty Pharma Index is down 13.6 per cent. Its outperformance over two years has been fairly evident, with the market leader gaining 66 per cent to Nifty Pharma's minus 1.4 per cent.
Sebi penalised Shruti Vishal Vora - found guilty of leaking price sensitive information related to financial results of Wipro, Asian Paints and Mindtree, and Parthiv Dalal for similar action in case of Wipro earnings.
Former World No 1 Deepika Kumari, who was making a comeback after her maternity break, on Monday failed to make the Indian team for the Asian Games, World Cup and World Championships slated later this year.
Institutional desks of many brokerages in India are in the process of selling about Rs 2,000 crore worth of equity holding of bankrupt US investment bank Lehman Brothers Inc in some Indian companies.
Glimpses of the celebrations as the BSE Sensex on Friday crossed the 60,000 mark for the first time.
The market capitalisation of BSE-listed firms reached an all-time high of Rs 288.50 lakh crore on Wednesday amid an ongoing rally in equities, as the benchmark Sensex settled above 63,000-level for the first time ever. The 30-share BSE barometer climbed 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. During the day, the benchmark jumped 621.17 points or 0.99 per cent to 63,303.01, its lifetime intra-day peak. Extending its winning momentum to seventh day, the Sensex has rallied 1,954.81 points or 3.19 per cent during this time.
'The idea is to chart your own path, live your life authentically, not be scared to ask questions and not be scared to demand to sit at the table.' 'They may not let you sit today, but they will, if you keep demanding it.'
Varun Dhawan and Natasha Dalal will wed at The Mansion House in Alibaug.
Rediff.com Contributing Photographer Pradeep Bandekar sighted these stars on Monday.
Jhunjhunwala passed away early on Sunday morning due to a cardiac arrest, a source in his newly set up airline said.
The Stars emerge and Rediff.com's Contributing Photographer Pradeep Bandekar is there!
IT company Wipro on Friday posted a 4 per cent rise in consolidated profit at Rs 3,092.5 crore in the fourth quarter ended March 2022. The company had registered a profit of Rs 2,974.1 crore in the same period a year ago. "We have had an outstanding year, finishing with USD 10.4 billion in revenues, and an industry-leading growth of 27 per cent Year-on-Year (Y-o-Y).
A glimpse of all the celebs who attended the wedding.
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America.
Hindustan Unilever and pharma stocks were on buyers' radar; rate-sensitives faced jitters ahead of the credit policy.
Though Archana Gautam was evicted from Bigg Boss for physically hurting Shiv Thakare, the actress-turned-politician was brought back in the game over the weekend.
After his visit to Gohana to attend a public rally on Sunday was cancelled due to bad weather, Union Home Minister Amit Shah addressed the gathering briefly over phone and exuded confidence that 'lotus will bloom' on all Lok Sabha seats in the state in 2024 elections.
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.
Marketmen want to make the most of volatility caused due to elections.
The tech creators, or the ones who made billions, asks Ajit Balakrishnan.
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.
Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.
The return from the ETF investment will be more than the 8.75 per cent the EPFO offers to subscribers now.
Varun Dhawan posted pictures from his haldi ceremony held over the weekend.
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.
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.
'Varun looks like a regal prince in our bespoke white sherwani.'
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