The farmers also marched along the ambulance and demanded action against those who are responsible for his death.
Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
Displaying 'ARMY' on private transport is an attempt to milk the respect and reverence that the common citizen has for a person in the armed forces, observes Colonel K Thammayya Udupa (retd). By writing 'ARMY' and displaying regimental insignias, we expect a few misdemeanours to be overlooked.
Giving a clarion call to defeat the Mamata Banerjee-led party in West Bengal, the prime minister while addressing a mega rally in Siliguri said, "The road to oust the corrupt TMC government from West Bengal will open from the Lok Sabha polls."
'From data on enquiries, we can build what we call a data lake or a data warehouse where data is classified into various cohorts and then we use AI and ML tools to predict demand down the line.'
Cyclone Biparjoy has left a trail of destruction in Gujarat's Kutch and Saurashtra regions as some 1,000 villages are still without power with hundreds of electric poles getting damaged, while several coastal villages were flooded due to heavy rains and incoming seawater, officials said on Friday, a day after the storm made landfall.
The labourers are safe, and oxygen, electricity, medicines, food items and water are being constantly supplied to them through pipes, they said.
Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen Ford Motors and General Motors slam the door on India.
US President Joe Biden visited the Detroit Auto Show to highlight electric vehicle manufacturing in America.
Several groceries in the metro ran out of milk, curd, bread, and milk powder and some of them displayed "no milk, curd" boards.
While two lives were "tragically" lost before the landfall of the cyclone, not a single human life was lost post the landfall in Gujarat.
He requested Prime Minister Narendra Modi to make an announcement that the farm loans would be waived, while a mechanism for the same could be worked out later.
Rao's history includes arrests in 2000 by Sahadha police of Nandurbar district and subsequent releases, as well as an underground stint in 2002, leading to his arrest by Malkanoor PS police of Karnataka in 2005.
'The UK is more of a structural problem, and that's why we're doing the restructuring.'
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
The Haryana Police on Wednesday fired tear gas shells to disperse farmers from Punjab at Shambhu and Khanauri border points as they tried to move towards barricades stalling their protest march to Delhi.
Coal India Limited's (CIL) October-December quarter of financial year 2023-24 (Q3FY24) results have beaten the Street's estimates. Revenue rose 3 per cent year-on-year (Y-o-Y) to Rs 36,200 crore, led by higher volumes and better realisation from Fuel-Supply Agreement (FSA) coal. The blended average selling price (ASP) was down 6 per cent Y-o-Y to Rs 1,727 per tonne, and the FSA ASP was up 3 per cent Y-o-Y to Rs 1,532 per tonne.
It was a simple 100-watt light bulb that provided much-needed heat to a newborn girl who was found stuck inside a cold borewell in Odisha, before she was rescued safely in an over five-hour-long operation on a winter night.
Former deputy chief minister Sachin Pilot on Tuesday alleged that the Bharatiya Janata Party government at the Centre had 'failed in every field' and claimed if the Congress wins in upcoming state elections, then the Indian National Developmental Inclusive Alliance (INDIA) will form a coalition government in 2024.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around $8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy plummeting 85-90 per cent.
Experts recommend awaiting the findings of the 2021 Census, which is yet to be conducted, before introducing population control policies.
The improving outlook for the power sector has caught the interest of dividend yield funds. In the first four months of the current financial year (2023-24, or FY24), five of the six largest dividend yield funds have shown a notable increase in their exposure to stocks within the power sector. Some have even introduced new stocks to their portfolios.
South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.
The Jordanian-drafted resolution did not make any mention of the militant group Hamas, with the US expressing outrage at the "omission".
Innovative companies the world over are discovering the research and development advantages to be found in India
Police on Friday used tear gas to disperse Haryana farmers heading towards Khanauri on Punjab's border with the state where farmers, mostly from Punjab, have been camping since last week after their 'Delhi Chalo' march was halted by security forces.
Maharashtra deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, held a meeting with trade union representatives and later said the government had no intention to privatise state-run power utilities.
United Nations chief Antonio Guterres has called on Hamas to immediately release all hostages without conditions and urged Israel to allow rapid and unimpeded access to humanitarian aid for civilians in the Gaza Strip.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
'You are one of the drops that make that ocean, but when you leave it makes no difference to the ocean.'
Mumbai's iconic red double-decker buses, which have been an integral part of the city's public transport system for more than eight decades, will go off the streets this week, an official from the Brihanmumbai Electricity Supply and Transport (BEST) Undertaking said on Tuesday.
Which businesses most expect their employees to step up and lead? And also nurture them to do so? Find out...
According to IMD, the cyclonic storm weakened into a 'deep depression' at 11:30 pm on Friday over Southeast Pakistan.
The Boeing Business Jet series are variants of Boeing airliners for the corporate jet market.
But, VC of GE also expressed concerns about the slow progress in infrastructure development, calling for pro-investment regulations and right tariff regime.
Interview with Chairman & CEO, General Electric.
A 21-year-old farmer was killed and a few others injured following a clash between security personnel and protesting farmers at Khanauri on the Punjab-Haryana border.
