The fast-growing, high-margin branded spices business is turning out to be an interesting growth opportunity, which to an extent was reflected in the Sunrise-ITC deal, with multiple parties from PE to strategic players joining the fray.
India and Brazil on Wednesday called for urgent progress in reforms of the UN Security Council, as they agreed to scale up bilateral ties and deepen cooperation in international fora.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
'Almost 75 per cent of our total sales come from the top 50 cities in India.'
Three stockmarket experts give their best picks for the New Year.
In the test, a space rocket boosted a hypersonic glide vehicle, one capable of carrying a nuclear device, which circled the globe before impacting.
India is devoting itself to promoting a strategy of diversifying its energy sources.
What are the personality characteristics and behaviours that lead to venture creation and success?
'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
While his father has often been quoted on tips for investing, Buffett junior's focus is on spreading the word about both self-improvement and ways in which to make a positive difference in the world - with a special focus on solving hunger.
He started a fund with Rs 800 crore and made several investments.
ITC is one of those few enterprises in the world that has traversed a 100 year journey and has yet managed to remain contemporary, relevant and competitive.
President Xi Jinping's visit may put relations between India and China on a new trajectory
'What gives hope is that Modi's own leadership is vitally linked to his capacity to deliver on the economic front. Indeed, if he succeeds, India's foreign policies will have changed beyond recognition,' feels Ambassador M K Bhadrakumar.
An excerpt from Conde Nast India's Make In India magazine.