Revenue of the Mumbai-based firm grew 11.4 per cent to Rs 38,172 crore in the June 2019 quarter, compared to Rs 34,261 crore in the same quarter of 2018-19.
Ahmedabad is home to the strangest of cuisines and is a city of contrasts, if you look beyond the tourist places.
If Tamil Nadu BJP President K Annamalai bought it in 2015, did he get prior approval from the Union home ministry, and did he include it in his annual wealth returns, sections of the media want to know. N Sathiya Moorthy on the curious case of the 'Rafale' watch.
'The BJP doesn't have to do anything except nudge the AIADMK in one direction.'
It does not stop here, though. According to field information, state ministers, AIADMK candidates and campaigners are asking BJP cadres accompanying them not to carry party flags at common rallies and also avoid their saffron shawl on those occasions. BJP cadres are also asked to stay out of the common campaign when it enters a minority-dominated areas, especially of Muslims, and re-join later, says N Sathiya Moorthy.
Singer Aanchal Shrivastava taught the kids the songs over phone calls.
This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher.
'Rising Covid cases and localised lockdowns are being closely monitored.'
As regards India, FIIs have pumped in over Rs 34,400 crore in the Indian stocks in calendar year 2021.
With faction bosses not seeming to control anyone any more, can the BJP count on the AIADMK for the presidential polls any more, asks N Sathiya Moorthy.
The OPS camp believes Sasikala's family still calls the shot in the EPS camp.
After a stellar run in 2021 that saw the S&P BSE Sensex and the Nifty50 clock gains of 20 per cent and 22 per cent respectively, global equity markets, including India, are gearing up to welcome 2022 on a cautious note. For one, new variants of the Covid -19 infection that make current vaccines less effective is one of the key risks worth flagging, analysts said. Inflation was also a risk for this asset class in 2021, although most market participants expect that the current elevated inflation levels will be transitory.
'Your strike rate is very important when it comes to seat-sharing.'
The ruling DMK in Tamil Nadu had begun seeing Governor Ravi's decisions and actions as a part of the state BJP's non-stop criticism of its government and directed from Delhi, a view strengthened by the governor's decision to return the NEET exemption bill, points out N Sathiya Moorthy.
The order also provides that the field office will incur expenditure on the facilitation function under the head of publicity.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
'What we see here is puppetry. The string is with the BJP.' 'All the puppets here are dancing to the direction the BJP pulls the strings.'
DMK leader MK Stalin is concerned that a no-trust move would force the EPS faction to patch up with not only the OPS group but also the TTV camp and also get the 'Two Leaves' poll symbol unfrozen, which could upset his party's electoral apple cart, says N Sathiya Moorthy.
Will the AIADMK acknowledge the role of CAA and the anti-CAA protests, both inside the state and outside, as among the causes for the current electoral reversal, as many in the party now want? It is unlikely to be so, but then the pressure will increase on the leadership to reassess the BJP alliance at one level and the 'blind support' for Prime Minister Narendra Modi's controversial policies on the other, says N Sathiya Moorthy.
The 'AIADMK symbol issue' may be a fit case for the courts and the legislature to provide for a new law for application in similar fluid, dynamic political situations, says N Sathiya Moorthy.
After several years of downgrades to the country's medium-term growth outlook, the estimates are likely to be upgraded now, Credit Suisse said in a report. The country's economy is showing signs of bottoming out, it said. According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1 per cent). Analysts at Credit Suisse expect these estimates to be revised upwards.
'They are going to be clubbed with the Lok Sabha elections which are six months away.' 'These people who are ruling Tamil Nadu know very well that they cannot win another election.'
Second-line AIADMK leaders and cadres alike say that by starting the talks first with the BJP and committing the party to an alliance without discussing seat-sharing, the leadership might have commenced the coalition discourse at the wrong end. According to them, even 20 seats for the BJP may be too many, says N Sathiya Moorthy.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.
Senior All India Anna Dravida Munnetra Kazhagam leader D Jayakumar on Wednesday slammed V K Sasikala, confidante of late party supremo J Jayalalithaa, for attempting to create confusion in the party using "audio politics" and for trying to "divide and rule."
However, despite Covid, Indian markets registered their best financial year performance in a decade, with the Sensex and Nifty50 rallying 68 per cent and 71 per cent, respectively, in FY21.
At present, workers whose basic wage at the time of joining is up to Rs 6,500 per month.
The Hindutva social media continues to present the DMK especially as anti-god, anti-Hindu and anti-Brahmin. The strategy did not work in the past, it has not worked in the present, and would not work in the future, as a massive vote-getter, asserts N Sathiya Moorthy.
With the Tamil Nadu electorate having given him an unprecedented mandate that had eluded his father the late M Karunanidhi, Stalin has to prove his worth, ensuring at the same time that the Dravidian drag on the AIADMK's side does not open up space for the BJP to make inroads in the state, says N Sathiya Moorthy.
Employees' Pension Scheme has been asked to fold up and hand over subscribers to National Pension System
Indian companies typically have higher return on equity.
Even as the unity moves between the two AIADMK factions seem to be going nowhere, former chief minister O Panneerselvam is working on a grand alliance of other Opposition parties, reports R Rajagopalan.
With EPFO capping the contributions to your pension scheme, you could look at other pension plans.
investors sometimes fail to understand the factors that determine it.
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
According to the foreign brokerage major, after two quarters of 'near-zero' growth aggregate headline profit for Sensex companies, it is expected to show a weak recovery.
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
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