The ultimate consequences of Rahul Gandhi's yatra may be known only in 2024, points out Dr Sudhir Bisht.
L&T received bids for 5.54 crore shares on Thursday at the close of market hours. This is 108.09 per cent higher than the total offer, as per information available on the BSE. The open offer - for Rs 980 a share - opened on June 17 and is scheduled to close on Friday.
In coordinated raids, more than 300 Income Tax sleuths swooped down on premises linked to two prominent Congress leaders in Karnataka -- the former deputy chief minister and former MP R L Jalappa's son J Rajendra.
The budget if anything has been an important step for consolidating the reform momentum, says Dr. Siddhartha Roy.
L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering.
The Delhi High Court Tuesday said the Income Tax department is bound by its assurance to maintain confidentiality of the material seized during a survey operation at news portal Newslaundry's premises and to ensure that it is not leaked.
'Shane Warne is sick. He was an incredible cricketer but his lack of sensitivity & ignorance on a lot of occasions is baffling.'
From the pandemic shocks to state polls to global trends, a raft of sentiment drivers are expected to steer the Indian stock market in 2022 after a historic year of massive investor returns and milestones. The Union Budget, which will be closely watched for further reform moves, and quarterly earnings of corporates will be among the developments on investors' radar amid global central banks moving towards tighter interest regime in the wake of inflationary pressures. The year 2021 was rewarding in a big way for equity investors.
With this, India now has 12 medals and the fourth bronze at the 2020 Paralympics.
Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee, and Professor of Economics at Harvard University Raj Chetty have been named by the Carnegie Corporation of New York as '2020 Great Immigrants' honourees, the Corporation said in a statement on Wednesday.
Built at a cost of Rs 56 crore, the ropeway will cover a distance of 1.8 km, and bring down the travelling time between north Guwahati and the central part of the city to eight minutes.
This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.
Attributing the delay in debt servicing to a liquidity crisis, the company said its total indebtedness was Rs 518 crore.
'Even Aaradhya watches KBC,' Amitabh Bachchan tells us.
With the Bigg Boss 13 finale just two weeks away, the competition is getting fierce.
The Supreme Court on Thursday appreciated the decision of the West Bengal Government to withdraw the cases against some persons, including editors of a news web portal, in connection with articles published by them and hoped that it would be followed by other states.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
More than 90 per cent stocks in the NSE 500 universe are currently trading above their 200-day moving average (DMA). Experts say this is a sign that the market has become overheated and can lead to a correction or sideways movement for a long period. The 200-DMA is a key technical indicator used by traders to get a sense of market direction. A level, which is roughly a 40-week average, often acts as key support or resistance.
Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.
Brokerages are expanding the universe of stocks they cover amid a boom in the market. Several stocks in the mid-cap universe are now tracked by more analysts than they were a year ago. For instance, SBI Cards and Payment Services is now tracked by 17 brokerages, compared to just four a year ago.
Reader Siddhartha Kunzru sent us this photograph.
Ashok Soota, former chairman of IT firm MindTree, on Thursday sold half of his 11.4 per cent stake in the company in a block deal.
Company managements need to "curtail the kind of expenditures on themselves personally" with the COVID-19 pandemic highlighting the need to build internal resources with a frugal style of functioning, Maruti Suzuki India chairman R C Bhargava said on Tuesday. Addressing shareholders in the company's annual general meeting held virtually, he also termed as "a good development for the whole of industry" recent shareholder actions that did not approve expenditures by management on themselves, without specifying details. In the wake of the pandemic, building internal resources has to become a priority of industry and companies.
Indian Premier League franchise Royal Challengers Bangalore has notified the Board of Control for Cricket in India about Vijay Mallya's resignation as Director of Royal Challengers Sports Private Limited (RCSPL).
Stock markets are expected to remain under pressure this week due to the overhang of US presidential polls and uncertainty over global growth due to resurging cases of coronavirus, according to analysts.
Indian equity markets are likely to witness volatility this week due to concerns over rising cases of coronavirus and expiry of derivatives contracts, analysts said. Further, progress surrounding the COVID-19 vaccine, related updates, US stimulus talks and global cues would dictate the market trend, traders said. "Going ahead, the market is likely to be volatile as sentiments oscillate between fear of rising COVID cases globally and optimism over vaccine progress. Investors would closely watch out development over the US stimulus talks," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
The Congress unit described Ramesh's suicide an outcome of "targeted harassment" of their rank and cadre to keep them away from the party.
A bench comprising Justices SK Kaul and MM Sundresh made these observations while quashing the FIRs against editors of a news web portal and others, in connection with articles published in West Bengal.
RBI policy, macro data, company earnings to decide market course this week: Experts
With the finale inching closer, everyone is beginning to feel the heat inside Bigg Boss 13 -- including Shehnaaz Gill, who had been entertaining everyone with her crazy antics since Day One.
An effortless artist at all times, Surekha Sikri's emotional eloquence and authoritative presence showed a knack for turning moments into meaning.
The Telugu film industry reaches out to Chennai.
The Zee saga will see a long-drawn-out court battle before shareholders get any chance to vote on any proposal by the management or Invesco, says Prosenjit Datta.
People have said they would be inclined to travel for leisure during the festival and year-end season.
Companies in the small-cap universe are having a dream run - the Nifty Smallcap 100 index has shot up more than 25 per cent on a year-to-date basis, even as the benchmark Nifty is up 7 per cent. This is the best start for the index since 2017 when the Nifty Smallcap 100 index surged 32.3 per cent between January 1 and May 10. However, in terms of outperformance to the Nifty, this year's performance is the best in more than a decade. A combination of sectoral tailwinds and lack of institutional selling pressure has helped small companies escape from the correction triggered by the second wave of Covid-19.
The Indian-American woman, who was allegedly molested by Australian cricketer Luke Pomersbach, on Saturday, served a legal notice on Siddhartha Mallya asking him to apologise withing 48 hours for casting aspersions on her character or face legal action.
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