Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
Eminent journalist H K Dua and noted entrepreneur and former chairman of Hindustan Lever Limited A K Ganguly have been nominated by the government to the Rajya Sabha. Sources said on Tuesday that the names have been sent to President Pratibha Patil for her assent. Ganguly, who was conferred with the Padma Vibhushan award, the second highest civilian honour, was also a member of the Prime Minister's Council on Trade and Industry.
Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
Several Bollywood celebrities turned up at the awards show.
The memorial will come up at the Remount and Veterinary Corps Centre and College in Meerut where the army breeds, rears, and trains dogs, mules and horses.
Kangna Ranaut and others make a style statement at the event.
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
What caused the supermodel's public breakdown in New Delhi?
Stocks of Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL) have more headroom left despite the sharp run in the last few weeks, suggests a recent report from Morgan Stanley. Stocks of these oil refining and marketing companies (OMCs), it believes, are seeing multiples re-rate as investors reassess long-term growth prospects. "IOCL trades at one year forward P/BV of 1.2x, 19 per cent below +1 standard deviation (SD); BPCL trades at one year forward P/BV of 1.5x, near historical averages; HPCL trades at one year forward P/BV of 1.5x, near +1SD," Morgan Stanley said.
With rising incomes, education, and health awareness in India, especially in the big cities, droves of people are saying no to sugar.
Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments amid strengthening US bond yields which are nearing 5 per cent for the first time since 2007. The 30-share BSE Sensex fell 231.62 points or 0.35 per cent to settle at 65,397.62.
IndusInd Bank, Suzlon, and Paytm will remain under focus, as the stocks are pegged to get added to the MSCI global standard index. These stocks, along with six others, are seen attracting cumulative inflows of nearly $2 billion from passive funds tracking MSCI indices. Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors DVR, and Tata Communication are the other six stocks that will be added to the MSCI index, shows an analysis done by Nuvama Alternative & Quantitative Research.
Vedanta group chairman, Anil Agarwal, 69, is well known for his business journey from a scrap dealer from Bihar to a London-based globe-girdling metal and oil and gas conglomerate with revenues of $19 billion. Now his abilities to keep his group from over-leveraging itself will be put to the test. Over the years, Agarwal, now based in London, set up the conglomerate via acquiring iron ore producer Sesa Goa, Cairn's oil producing assets in India, and Electrosteel Steel.
In a blistering attack against the BJP over the violence in Manipur, Congress leader Rahul Gandhi on Wednesday alleged that its politics had "murdered Bharat Mata" in the northeastern state and termed members of the ruling party "traitors".
'India's print media appears to be on the ventilator, gasping for breath, cutting staff, cutting salaries, cutting editions, cutting off its hands and legs,' notes Krishna Prasad.
The contracts for the procurement of the platforms and weapons systems were signed in the presence of Defence Minister Rajnath Singh and defence secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.
Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times, about Modi's vision, his psyche and his future that seems to be intricately linked with the future of India.
'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'
Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. Vedanta will issue one share of the five demerged businesses for every share held in the company, the firm said in a statement. The entire exercise, which would require shareholder and lender approval as well as a nod from the stock exchanges and courts, is expected to be completed in 12-15 months, its president for finance Ajay Agarwal said.
Flagging "anxieties" of business leaders on issues like red tape, tax laws, regulation and proceedures, Prime Minister Manmohan Singh on Friday said he often found it tough to deal with these challenges due to "lack of political consensus on reforms".
'Another term for the government under the prime minister would likely be a step forward on the path to Hindu Rashtra.' 'No question of going back or any slowing down.'
It beats popular cars such as Volkswagen Gold and Toyota Prius.
The agenda for the meeting is 'Evidence of the representatives of the Ministry of Electronics and Information Technology, Ministry of Home Affairs and Ministry of Communication (Department of Telecommunications) on the subject of 'Citizens' data security and privacy'.
Eminent journalist B G Verghese, a Ramon Magsaysay award winner and former editor of leading dailies Hindustan Times and Indian Express, died on Tuesday at the age of 87 after brief illness.
Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday expressed his shock and dismay over the poor growth of information technology under his predecessor Mayawati.
If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong. These moves appear to have full official backing, points out Debashis Basu.
Power Grid, HCL Technologies, Asian Paints, Hindustan Unilever, Maruti and Nestle were among the laggards. Shares of HCL Technologies were trading over 1 per cent lower even after the company reported a 7.6 per cent year-on-year rise in June quarter net profit on the back of new order wins.
Dainik Jagran continues to be India's most read newspaper across all languages.
An increased brand fee paid by India-listed Vedanta, apart from record dividend, has helped Vedanta Resources (VRL) - the London-based holding company of Vedanta Group - to repay part of its debt. Vedanta paid a brand fee of Rs 2,632 crore ($325 million) for 2022-23 (FY23), according to Nomura report. This was after the Anil Agarwal-owned holding company raised the brand fee to 2 per cent of the turnover for its Indian businesses in 2021.
Prime Minister Manmohan Singh on Thursday made it clear that there have to be 'suitable outcomes' for his undertaking a visit to Pakistan.
The state of the relationship between India and China will reflect the state of the border, external affairs minister S Jaishankar said on Thursday, referring to the lingering standoff in eastern Ladakh.
State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on petrol has trimmed due to recent firming up in international oil prices, industry officials said detailing reasons for continuing to hold retail prices. Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), who control roughly 90 per cent of India's fuel market, 'voluntarily' have not changed petrol, diesel and cooking gas (LPG) prices for almost two years now, resulting in losses when input cost was higher and profits when raw material prices were lower.
An exclusive excerpt from Samar Halarnkar's The Married Man's Guide to Creative Cooking And Other Dubious Adventures.
A prominent Hindu temple in Brisbane was attacked by Khalistan supporters on Saturday, in the latest incident of vandalism against Hindu temples in Australia.
Regional and local fast-moving consumer goods (FMCG) brands are gaining momentum at the cost of national brands for the second quarter in a row. Consumer brands are now losing out on share, especially at the mass end of the market. Local brands have been able to capture market share as prices of raw materials are lower.
Eyewitness Shekhar Iyer, a distinguished journalist, takes us through the eventful day at Patna's Gandhi Maidan.
Congress Secretary Pankaj Sharma and Hindustan Times' political editor Pankaj Vohra are among 15 members of the new Central Board of Film Certification for three years.
Observing that the country was yet to mature to multi-party governance, Jammu and Kashmir Chief Minister Omar Abdullah Saturday said it is impossible to eradicate corruption in a coalition government as "trade-offs" become necessary in such a dispensation.
With variants cropping up at regular intervals, Jha acknowledged that they are a concern as a very rapid evolution of this virus is being seen over the time.
