The Congress may stand a better chance in the assembly polls if it followed the 'Himachal model', suggests N Sathiya Moorthy.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
India's Simranjit Kaur made an early exit from the Olympics after losing to Thailand's Sudaporn Seesondee in the pre-quarter-finals of the women's lightweight (57-60kg) boxing, in Tokyo, on Friday.
Images from the English Premier League matches played on Wednesday night.
Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum.
Addressing a meeting of the Congress Working Committee, Gandhi said it should worry every Indian and her party will have to work hard to repair this damage.
'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'
'The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.'
M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes.
Don't get carried away by the current rally; be picky and take a stock-specific approach.
Vanesa, the reigning European champion, executed her strategy perfectly as Vinesh could not find a way to wriggle out of Vanesa's headlocks.
'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'
Wipro Ventures is currently managed by Biplab Adhya and Venu Pemmaraju and has so far invested in 16 early to mid-stage start-ups. While 11 of these start-ups are in the US, four are in lsrael and one in lndia.
'In India, the impact will be less than 1% of employee headcount.'
However, the Indian economy is expected to bounce back in 2021, the World Bank said.
Star Indian wrestler Vinesh Phogat on Friday said she does not have much time to grieve over her Tokyo Games debacle and is gearing up for future challenges while young Anshu Malik suggested that a sports psychologist should be attached with the team to help them overcome nerves at big stage like the Olympics.
'About 90 per cent of our netas have no loyalty and will go with the winner.'
While Maharashtra and Gujarat continue to top the nationwide tally, Tamil Nadu has now crossed the 5,000 mark. The death toll of the southern state has reached 37, with two more women succumbing to COVID-19 during the day.
Recently, ex-Google executive Punit Soni joined FLipkart.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Congress general secretary Priyanka Gandhi Vadra appears to have shed the maximum sweat among top leaders for over the last 45 days in the seven-phase Uttar Pradesh assembly elections campaign.
It would be the biggest Conservative victory since 1987, the poll suggests.
While the number of active COVID-19 cases stood at 7,409, as many as 764 people have been cured and discharged, and one had migrated, it said. Of the total 273 deaths, Maharashtra tops the tally with 127 fatalities, followed by Madhya Pradesh at 36, Gujarat at 22 and Delhi at 19.
Images from Day 5 of the 2022 French Open at Roland Garros in Paris on Thursday.
The meeting also discussed possibilities of forming a non-BJP government including regional parties with the support of the Congress.
His exit from the IPL attributed to personal reasons this season, all-rounder Suresh Raina's stint with Chennai Super Kings seems in jeopardy even next year as the franchise might part ways with him before the 2021 edition.
Infibeam appointed Kothari as president, strategy, corporate development, international operations, and investor relations.
Mohan will be responsible for aligning of teams, overall strategy in this country and driving Facebook's investments in India
Exiting a mutual fund is an emotional decision. Five checkpoints that will tell you when to sell.
'Money that came into mutual funds near the previous peaks -- the second half of 2017 and 2018 -- has in most cases experienced unflattering returns.' 'A large proportion of redemptions could be such inflows exiting when the market recovered sharply from July 2020 onwards.'
GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
Violations from the Pakistani side along the Line of Control have become a common recurrence, and according to sources in the Intelligence Bureau, some peace can be expected only after Pakistan Army Chief Gen Ashfaq Parvez Kayani retires next month.
Franklin Templeton Asset Management (India) on Tuesday said it strongly disagrees with the findings in Sebi's order in the case of winding of six debt schemes in 2020 and has decided to challenge the direction in Securities Appellate Tribunal (SAT).
Allaying investors' fears, Franklin Templeton AMC has said Sebi's order prohibiting the company from launching new debt funds will have no bearing on existing schemes managed by it. Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees of over Rs 512 crore (including interest) collected with respect to the six debt schemes. This amount will be used to repay unitholders, as per Sebi order.
The government of British Prime Minister Theresa May was plunged into turmoil.
After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
Experts say, investors will be better off exiting them at higher levels and investing in stocks of fundamentally sound companies.
Be willing to learn from mistakes.
'In the course of my interactions with him, Modi insisted that he does not believe charisma alone can sustain people's trust for long.' 'That is why Modi consistently refers to Mahatma Gandhi to contextualise his politics.' 'He believes in taking his ideas to the masses and getting their acceptance as an index of approval.'
A revealing excerpt from Ajay Singh's The Architect of the New BJP: How Narendra Modi Transformed the Party.
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