Air Chief Marshal B S Dhanoa calling the FOC a 'major milestone'.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
Research and teaching have remained Professor Chintamani Nagesa Ramachandra Rao's first priority and first love, and that is what sets him apart, says Dinesh C Sharma
Over 32 missions -- satellites and rockets -- have been planned for the year.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
Counting of votes will be held on Sunday in assembly polls in Madhya Pradesh, Rajasthan, Chhattisgarh and Telangana in what is seen as a semi-final contest ahead of the general elections in less than six months.
Real test of the rally in this segment will be the upcoming result season.
'No PM has said no to anything we have proposed. I am not a politician and I cannot give speeches about things, but a lot of good things have been done in science by previous governments.' 'Under Dr Manmohan Singh, we could do a few important things. I used to meet him once in 6, 8 weeks. He often said, 'Professor Rao, you assume that you have my approval and carry on.' He was shy and decent. He is a real gentleman.' 'Science keeps me going at 80. I feel young.' Professor C N R Rao, the eminent scientist who was honoured with the Bharat Ratna, on the state of science in India.
The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating profit was up just 4.9 per cent YoY during the quarter.
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.
'Although the Election Commission remains convinced about the EVM's integrity, as a fair umpire of the game it was necessary to travel the last mile to convince political players that the entire process was not only fair but transparently so.' A fascinating excerpt from former Chief Election Commissioner Navin Chawla's new book, Excerpted from Every Vote Counts: The Story Of India's Elections.
The government has tweaked the income tax laws to make it easier for the new owners of loss-making public sector undertakings (PSUs) to carry forward the accumulated losses and set them off against future profits. This will result in significant tax savings for the new owners if they are able to turnaround operations of the ailing PSU within a few years. This will, in turn, boost the post-tax earnings and returns for the new owners.
The Indian Army, placing traditional weapons above high-technology, says that equipping the army's 800-plus combat units with a Battlefield Management System would cost an unaffordable Rs 500 billion to Rs 600 billion, reveals Ajai Shukla.
The Eknath Shinde-led Maharashtra government has come under fire following the Centre's announcement that Tata-Airbus C-295 transport aircraft project would be set up in Gujarat, with the opposition seeking to know why the project that was supposed to come up in Maharashtra went to the neighbouring state.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
G V L Rao, part of Save India Democracy which exposed the frauds being committed through EVMs, told rediff.com that the bigger issue was that the government dragged its feet on sanctioning funds for the introduction of VVPAT despite the Supreme Court passing its order a year ago.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
Stocks might hit new highs even before B-Day.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Working round-the-clock over the past few days, an Indian Institute of Science team is buildingan indigenous ventilator prototype for Covid-19 victims, and it is expected to be ready in the current month itself. A ventilator can be a life-saver for patients whose lungs are damaged by the Covid-19 infection. But India, like all countries grappling with this pandemic, is likely to face a large shortage of ventilators.
The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.
Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
Using available government data, the team is targeting $30-40 billion worth of iron and steel products that are imported into India.
The diesel car becomes too expensive with BS-VI and market assessment says the customer will not buy it at that price, says R C Bhargava, chairman, MSIL. He expects buyer preference to change swiftly in favour of petrol, CNG, and other alternative technologies.
'An ASW corvette without towed array sonar and an ASW helicopter is nothing more than a feeble joke,' says a retired navy commodore.
Indices reversed all its losses during late trades.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'His simple lifestyle, his optimism, his hard work and his genuine humility made him an authentic role model to millions of children, many of them growing up in challenging circumstances.'
'... it must network its battlefield units quickly, securely, robustly,' notes Ajai Shukla.
50 years ago, on April 1, 1968, Tata Consultancy Services -- now India's leading IT company -- was born. The foundation for TCS was laid by Faqir Chand Kohli whose life touched directly or indirectly many, many, Indians, says Shivanand Kanavi.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
What these elections prove beyond any doubt (if ever there was one) that Modi's hold over public mind and Shah's mastery of election management are unparalleled. It doesn't seem likely that they will be matched any time soon in the Indian political scene, reaffirms Shreekant Sambrani.
Manoj Sinha, earlier minister of state for railways, will be tasked to conduct the auction and deal with issues like net neutrality.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Some make for good investment ideas even after a strong run-up but others could see gains fizzling.
It is all about a C and C model -- of choices and consequences -- for women. Women make choices about their lives and for each of them there will be consequences, Shell India Lubricants MD Mansi Madan Tripathy tells Jyoti Mukul.
