The Supreme Court's directives embody an inclusive package that can play an instrumental role in transforming the police. First by following the directives, and then persuading Congress-ruled states to follow suit, the Union government must set the ball rolling on police reforms, says Devyani Srivastava.
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
Retail investors-those investing up to Rs 200,000-lapped up all the four initial public offerings (IPOs) that opened for subscription on Wednesday. This is the first time since 2007 that four IPOs have been launched on a single day, according to information provided by Prime Database. KFC and Pizza Hut franchisee Devyani International (size Rs 1,838 crore); Diagnostic chains Krsnaa Diagnostics (Rs 1,213 crore), pharmaceutical firm Windlas Biotech (Rs 401 crore) and vitrified tiles manufacturer Exxaro Tiles (Rs 161 crore) are the four companies whose IPOs opened on Wednesday.
India's demand for dropping of all charges against its former Deputy Consular General in New York Devyani Khobragade will come for discussion during the proposed Indo-US dialogue to resolve the issues arising out of her arrest in the US, the government said on Thursday.
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