Call Me Bae is a spirited new addition in guilty pleasures for the fashion-loving, rom-com starved soul, applauds Sukanya Verma.
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
Funds raised by India Inc. through offshore loan syndication hit a 15-year high in 2023 with companies and banks raising $21.4 billion, the highest since 2007. The momentum is expected to continue in 2024 as well with over $4 billion fund raising expected in the first three months of this year. Companies raise funds, both onshore and offshore, depending on interest rates and activities. Funds raised offshore can be deployed in overseas activities.
South Africa are not sure how they are going to deal with England's new aggressive approach to playing Test cricket with coach Mark Boucher saying on Monday they will adopt a wait-and-see attitude when the first match starts at Lord's on Wednesday.
KKR lorded over Sunrisers Hyderabad in Sunday's IPL final, winning the lopsided title clash by eight wickets.
Venkatesh and Shreyas unleashed their inner beasts, tearing apart the SRH bowling attack.
'We do not see people getting reduced, but because of automation, we will do more work.'
Openers Shikhar Dhawan and Prithvi Shaw hit quickfire fifties as they put on a decisive opening stand of 138 runs from just 81 balls, completely exposing the lack of depth in the CSK bowling.
Barcelona made a disappointing start to their Champions League campaign by losing 2-1 to AS Monaco on Thursday.
LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3 per cent between FY14-FY23. Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24. In Q4FY24, the net interest income (NII) came in at Rs 2,250 crore.
India's third largest IT company HCL Technologies on Friday reported a flat year-on-year growth in net profit in the March quarter at Rs 3,986 crore. However, the company posted an 8.4 per cent decline in net profit on a sequential basis, amid rising employee cost and tightening IT spends around the world. The company described the performance as "decent" in view of the global macroeconomic conditions.
As the dust settles on the celebrations, let's delve into the inspiring lessons we can learn from India's historic T20 World Cup win.
'.. if you do not want to take the asset allocation call.'' 'This category of funds can offer optimum risk-adjusted returns.'
Chairperson of the negotiating group on agriculture David Walker has announced a schedule for negotiations for the next few weeks, before the summer break in August and early September. India's commerce and industry minister Anand Sharma had said in Washington last week that New Delhi is ready for 'give and take' without being 'frozen in pre-negotiating position' in the interest of global trade.
An ultra-violent film about violence, Kill's greatest accomplishment isn't its death count alone but to challenge our perception of violence, observes Sukanya Verma.
Ruturaj Gaikwad played a match-winning innings, but don't forget Shivam Dube, Sunil Narine and Angkrish Raghuvanshi's entertaining cameos.
Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.
Sam Curran's 50 guided Punjab Kings to an important victory which helped them get off the bottom of the league standings.
Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.
Two-time World Champion Nikhat Zareen eked out a gritty win while Arundhati Choudhary too won her bout to advance to the semifinals of the 75th Strandja Memorial Tournament in Sofia, Bulgaria on Thursday.
Virat Kohli starred with the bat for RCB with a vintage knock in a must-win game to help them overpower Punjab Kings.
Nitish Reddy or Shashank Singh? Pick your favourite.
At a time when the Indian startup space is going through a funding winter, marked by investors tightening their purse strings, angel investments in fledgling firms have maintained their momentum. While overall deal volumes among startups have fallen, investment activity among the country's most-active angel investors have been relatively steady. We Founder Circle (WFC), a Mumbai-based network of angel investors, emerged as the most-active angel investment platform for the second consecutive year in 2023 with 82 investments.
Large Indian IT services companies are expected to report "muted" sequential show in a traditionally strong second quarter, as macroeconomic challenges continue to weigh on global discretionary spending, say market watchers. The big earnings week for tech heavyweights is up ahead, with Tata Consultancy Services (TCS) scheduled to announce its results on October 11, and both Infosys and HCL Technologies on October 12. Wipro is slated to declare its Q2FY24 results next week, on October 18.
India's smartphone shipment grew by 11.5 per cent in the first quarter of calendar year (CY) 2024 on a year-on-year basis to 34 million units. This is the third consecutive quarter of growth in shipments, International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker said.
The saving grace of Shankar's expanded universe is the masterful precision with which Kamal Haasan drops himself into a messy setup, only slightly to elevate the pulpy tendencies of Shankar's vision, observes Arjun Menon.
As many as 31 mainboard IPOs raised a cumulative Rs 26,272 crore in this period, according to Prime Database. During the April-September 2007 bull run, 48 IPOs totalling Rs 21,243 crore were launched. The number of deals in H1FY24 was 2.2 times that of the same period of the last fiscal year, but the amount raised was 26 per cent lower.
Shailesh Karkera picks the Best Players at Euro 24.
Smith and Green played vigilantly and stitched up a massive partnership to see off a comfortable victory in the three-match ODI series.
Writing his views in a separate verdict while concurring with the opinion of Justice Sanjiv Khanna, who was heading the bench, Justice Datta said the question of reverting to "paper ballot system", on facts and in the circumstances, does not and cannot arise.
'There has been a huge shift. Consumer needs and requirements have changed, and differ from city to city.'
A look at the best batters in the RCB-KKR game on Friday, March 29, 2024.
Fraser-McGurk, Stubbs or Samson? Pick your best batters
Driven by a historic IPO boom that saw 63 issuers, led by new-age tech companies, garnering a whopping Rs 1.2 lakh crore ($16.6 billion) from the primary market, investment bankers laughed their way to the bank collecting $1.1 billion in fees in the year just gone by, making it the highest-ever advisory fees collected, says an industry report. At $16.6 billion, the initial public offers (IPO) set a lifetime record in 2021, bettering the previous record of $10.8 billion in 2017 by a wider margin. While the number of IPOs more than doubled from a year ago to 63, the proceeds were more than four-times the amount raised from the same period previous year and the momentum is likely to continue as more IPOs are anticipated next year, with mother of all issues, LIC issue, expected to boost proceeds next year much higher, it said.
'A key reason for the strong interest in IPOs has been an increased focus on profitability and reasonable pricing of deals.'
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
Ahead of his side's Indian Premier League match against Mumbai Indians, Kolkata Knight Riders assistant coach Abhishek Nayar hailed skipper Shreyas Iyer for his mental strength and positive approach to life.
