Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.
A joint venture of Reliance Industries Ltd and BP of the UK on Wednesday said it has signed an agreement with the Mahindra Group to explore EV and low-carbon solutions, including battery swapping technology options, for electric 3-wheelers. Besides exploring creation of EV products and services, the non-binding MoU signed by Reliance BP Mobility Limited (RBML) and Mahindra Group would look for identifying synergies in low-carbon and conventional fuels, the company said in a statement. "The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3 and 4 wheelers, quadricycles and e-SCV (Small Commercial Vehicles - sub 4 ton)," it said.
This is not an election Budget in the sense that I might target the voter in the coming elections. But if you look beyond this round of state elections, and tilt the periscope to graze at the more distant horizon, see how the Narendra Modi government wishes things looking by the summer of 2024, observes Shekhar Gupta.
Strong performance by technology (tech) stocks in the current year has led to superior returns in information technology (IT) sector funds. On average, tech funds have given returns of 63.53 per cent in the past one year, the highest among all categories of funds, reveals the data from Value Research. Market participants say that Covid-19 has accelerated the growth of IT companies with rise in demand for digitisation.
Volatility is likely to continue in the stock market this week amid Omicron uncertainty and the RBI monetary policy meeting will be a key driver for benchmark indices going ahead, say analysts. It will be an event-packed week for the markets, with RBI policy and several macroeconomic numbers scheduled to be announced, they added. "Volatility is likely to continue amid Omicron uncertainty, RBI credit policy, and macroeconomic numbers. "There are lots of news flows on the Omicron variant which are causing volatility in the market while on the domestic front we will have the outcome of an important monetary policy of RBI that is scheduled on December 8. "We will also have our IIP and inflation numbers this week however they will be released on Friday after market hours," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Is taxable amount above 1 Lac is also to be shown as income from other sources?'
The Hiroshima event is not just about the 10,000-odd lanterns that float down a river. It is about remembrance. It is about dignity. It is about respect. It is about love, observes Sandeep Goyal.
An explosion was reported in the capital city of Afghanistan. Sputnik reported citing local sources that the blast was the result of a rocket landing on a residential building near the Kabul airport and that it had killed a child,
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Bollywood stars have posted gorgeous pictures on Instagram.
Doctor G is outwardly all for women, but evidently has no interest in them, observes Sreehari Nair.
'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Eknath Shinde knows he can't possibly make all the MLAs loyal to him ministers. How will they be satisfied? And to satisfy them, the BJP will have to play ball.
Bundled products often come with restrictions. The customer also gets locked into two products at the same time. This reduces flexibility.
What models do when they quarantine, especially before a fashion week.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The dairy major is transforming into a full-fledged F&B and fast moving consumer goods (FMCG) player, reports Vinay Umarji.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In 2021, there is the risk of interest rates spiking. Investors should tackle duration risk with a longer investment horizon, suggests Sanjay Kumar Singh.
US Secretary of State Antony Blinken was asked by US Congressmen if the US had explore the possibility of northwest India for counter terrorism capabilities in Afghanistan. Blinken's remarks on India assume great importance, observes Ambassador M K Bhadrakumar
Stunning images of the Super Flower Blood Moon has left people around the world gasping. A super blood moon is a combination of a total lunar eclipse and a brighter-than-usual supermoon. The biggest draw of this celestial event is that a supermoon and a total lunar eclipse are occurring simultaneously. In the past 10 years, there have been just 10 total lunar eclipses. The next total lunar eclipse will occur about a year from now. But a near-total eclipse will come on the night of November 18 to 19, says Diana Hannikainen, observing editor at Sky & Telescope.
IOC president Thomas Bach said on Thursday that the Tokyo Summer Olympic Games will be held as scheduled, in an interview with Kyodo News.
Domestic investors have been increasingly investing in overseas stocks in a bid to diversify their portfolio. US stocks are the favourite for individual investors, though they have been increasingly looking at Chinese equities given the relatively attractive valuations. However, the regulatory crackdown in China and the latest concerns around Evergrande default have resulted in sub-par returns for investors. Edelweiss Greater China Equity Off-shore Fund and Axis Greater China Equity Fund of Fund are down 11 per cent in the past three months, the data from Value Research shows.
The merits and demerits of the telcos' 5G strategy however is clearly dependent on the financial muscle of players, reports Surajeet Das Gupta.
The CDS has the option to focus on key areas of capability development to fight new generation wars or get bogged down in trying to bring cosmetic changes to humour the political leadership, asserts Brigadier Narender Kumar (retd).
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
In years past, we often approached the Budget expecting to see changes in direct and indirect taxes. Those days are behind us. The Budget of today seeks to expand the economy and keep it at the forefront of technology, observes Harsh Goenka.
That AAP managed a sizeable vote share in Gujarat is creditable. The BJP can no longer ignore AAP's growing presence in its strongest bastion, explains Ramesh Menon, long-time observer of Gujarat politics.
Bollywood stars have been posting interesting pictures on their Instagram pages, reflecting on the good old days when they would don designer wear and pose for the paps.
While investing in PPF, investors must remember to put in the money at the right time to maximise the return they earn from it.