Analysts say prices may stagnate or decline in the next three months. Almost 70 per cent of the brokers who participated in the poll believe prices will be flat or negative in the period and even Diwali is unlikely to lift the mood in the property market.
Defending champions Chennai Superstars beat the Kolkata Tigers by 4 wickets in the the Edelweiss 20s Challenge match that went down to the last over at the Lal Bahadur Stadium, Hyderabad on Monday. Russel Arnold was declared the man of the match for his magnificent unbeaten knock of 66 runs.
To keep interest levels alive and compete with the star and money power of rival Indian Premier League (IPL), the Subhash Chandra-promoted Indian Cricket League (ICL) today matched the prize money of IPL for its next tournament. ICL will pay a prize money of $3.08 million (Rs 12.33 crore) for 'Edelweiss 20s Challenge', matching the $3 million (Rs 12 crore) offered by IPL. The second edition of the ICL tournament kicks-off on Tuesday at Panchkula, Hyderabad and Gurgaon.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.
With markets expected to remain volatile, promoters and lenders exposed to the industrials and materials space can face brunt of the price erosion of the pledged shares.
The recent three-bank merger seems to be grossly negative for Vijaya Bank and Bank of Baroda in the short term, as the negative net worth of Dena Bank will have to be absorbed by the merged entity
A phased roll-out of prohibition will hit revenues of companies, which get 5% of their volume sales from the state
The 22nd match of the Edelweiss 20s Challenge was played at the sparkling new venue at Tau Devi Lal Stadium, Gurgaon, and featured Chandigarh Lions against the Kolkata Tigers in what was a virtual quarter final.
Sridhar Iyer produced a match-winning spell to guide Mumbai Champs to a 35-run victory over Chandigarh Lions in the Indian Cricket League's Edelweiss 20s Challenge at the Tau Devi Lal stadium in Gurgaon on Tuesday night. The target of 161 was too huge for Lions as they finished on 125 for 8.
Hyderabad Heroes registered yet another victory in the Edelweiss 20s Challenge at the Lal Bahadur Stadium on Wednesday, as the hosts beat Kolkata Tigers by four wickets. Brief scores: Kolkata Tigers: 165/5 in 20 overs; Hyderabad Heroes 168/6 in 19.2 overs.
The fourth match of the Edelweiss 20s Challenge featured the Mumbai Champs taking on the spirited Kolkata Tigers from the city of joy. The Tigers won the thriller by 2 runs handing the Mumbai Champs their second straight defeat. Andre Adams was declared Man of the Match for his allround performance.
The second match of the Edelweiss 20s Challenge, featured two big teams of the tournament, the Delhi Giants and Mumbai Champs. Delhi Giants won the match by 6 wickets and Abbas Ali was declared Man of the Match. Restricting the Mumbai Champs to only 115/5 in 20 overs, led by a superb bowling performance from left-arm spinner Ali Murtaza, the Giants romped home to victory led by some breathtaking batting by Abbas Ali.
West Indian great Brian Lara will miss out on the Edelweiss 20s Challenge of the Indian Cricket League because of an injury in his left forearm. Former Kiwi opener Nathan Astle will replace Lara as the captain of the Mumbai Champs team.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Vikas Khemani, the executive vice president & co-head, institutional equities at Edelweiss, spoke with rediff.com on sectors, themes and stocks that could make investors wealthy in long run.
Global IT companies will add around 1.08 lakh employees in India by 2010, by increasing the headcount to 2.73 lakh. This would be a 65.25 per cent increase from the 1.65 lakh employed by the end of 2007.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The ongoing oil price decline is mainly a result of oversupply in the global market
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Arbitrage schemes can give investors better post-tax returns than debt funds.
Although now free, Mangal's ordeal may be far from over.
Most feel as the movement of people normalises, the in-patient volumes in hospitals will grow and by the end of May, occupancy should be around 50 per cent, and 75 per cent over a period of time.
The offer, which is being managed by Edelweiss Capital, was scheduled to open on Wednesday and close on August 13.
'Investors should allocate about 5% to 10% to such funds.'
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
Lenders say settlements will cross over 100 accounts in the March quarter.
These ETFs will also carry interest-rate risk, especially the 10-year ETF. The investor can overcome this risk by holding them till maturity, suggests Sanjay Kumar Singh.
Vishal Goyal, Banking Analyst at Edelweiss Capital, says that the interest rate increase is not that harmful for banks' bottomline.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
The mid- and small-cap indices had a dream run between January 2017 and January 2018 - zooming 48 per cent and 56 per cent, respectively.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India put up a dull performance among emerging economies this year.
Mahindra is desperate for a best-seller in the compact SUV space, on which it missed the bus
Earlier, the IOA Secretary General Rajeev Mehta said expenses of the ceremonial dress and playing kits of the athletes do not come from its coffers. He claimed that cost will be borne by the sponsors who have signed a contract with it to deal with only the affiliated federations.
The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
Currency played an important role in Q2, with US dollar, Japanese yen and euro appreciating vis-a-vis the Indian rupee, while the Brazilian real, South African rand and Russian ruble depreciating against rupee.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
