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.
'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'
Don't get carried away by the current rally; be picky and take a stock-specific approach.
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.
'About 90 per cent of our netas have no loyalty and will go with the winner.'
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.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
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.
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.
Images from Day 5 of the 2022 French Open at Roland Garros in Paris on Thursday.
Recently, ex-Google executive Punit Soni joined FLipkart.
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.
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.
'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.'
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
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.
GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
Exiting a mutual fund is an emotional decision. Five checkpoints that will tell you when to sell.
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.
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.
'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.
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.
The government of British Prime Minister Theresa May was plunged into turmoil.
Experts say, investors will be better off exiting them at higher levels and investing in stocks of fundamentally sound companies.
India would be looking to sort out issues such as the opening blues, the middle-lower order conundrum and also the bowling strategies during the three-match T20 series against West Indies.
Be willing to learn from mistakes.
Sebi on Monday barred Franklin Templeton AMC from launching any new debt scheme for two years and fined it 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 to the tune of Rs 512 crore, including interest, collected with respect to the six debt schemes, Sebi said in its 100-page order. In a separate order, the regulator has barred Vivek Kudva, former head of Asia Pacific (APAC) for Franklin Templeton, and his wife Roopa from the securities market for one year for redeeming units of Franklin Templeton MF schemes while in possession of non-public information.
Another 8 pm prime ministerial speech. Will this one too lead to a scramble and chaos like his previous 8 pm telecasts?
More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
If rebel MPs from his own Tory party and Opposition benches succeed in uniting and seeing the motion through, it would force Johnson's hand on seeking an extension to the Brexit deadline from the EU at least until January 31, 2020, in the event that no withdrawal agreement is agreed between both sides by the middle of October.
'How the lockdown is phased out or lifted will tell us if the government has succeeded in its battle against COVID-19.' 'If it cannot sequence its decisions on exiting the lockdown, the few gains secured so far may be frittered away,' says A K Bhattacharya.
'Mere fundamentals will not do the trick,' cautions former commerce secretary Rahul Khullar.
The British PM's EU withdrawal deal has been rejected by MPs by an overwhelming 149 votes, with just 17 days to go.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.