Jane Street could do what they did because of the most fundamental flaw in the Indian stock market: a fragmented, fractured, fissured, fistula-ed liquidity stream, points out Shankar Sharma.
Reliance Industries chairman and managing director Mukesh Ambani announced an unconditional grant of Rs 151 crore to his alma mater the Institute of Chemical Technology, Mumbai. Ambani had graduated from ICT in the 1970s.
Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors.
A Hyderabad-based deep-tech startup, Simpliforge Creations, has built the world's first on-site 3D-printed bunker in Leh for military use with the help of the Indian Institute of Technology Hyderabad. The project, called "Prabal," is a significant advancement in construction technology, allowing for the rapid deployment of military infrastructure in remote and challenging environments.
Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.
Prof Anantha Chandrakasan has been named Massachusetts Institute of Technology's new provost, the first Indian-American to serve in this leadership role.
More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.
President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.
Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.
The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, driven by strong equity market performance across segments, data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 52nd consecutive month of net inflows into the segment.
'...hesitate to support the risk-taking it requires.'
Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted.
The course comprises 36 weeks of classroom study, which includes lectures, case studies, tutorials, lab sessions, videos, individual and team assignments, guest lectures from the Japanese faculty, industry experts and business leaders, totalling 1,173 interaction hours.
The Delhi High Court has dropped charges against 70 Indian nationals accused of housing foreign attendees of Tablighi Jamaat congregation in March 2020 allegedly in violation of COVID-19 norms, citing lack of evidence.
India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
A group of people staged a protest on Wednesday against alleged "caste discrimination" at the Indian Institute of Management-Bengaluru (IIM-B), demanding the removal of its director. However, IIM Bangalore denied the allegations made by the protesters.
'We continue to view India as a standout within EM.'
'That way you're not hostage just to US sort of exports to India.'
Only Mukesh Ambani and Gautam Adani are ahead of her.
Khelo Bharat Niti: Regulatory bodies for better sports administration but will IOA, NSFs play ball?
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
The coveted QS rankings indicate that India is slowly but steadily overtaking other nations in the field of education.
Pataudi medal was an afterthought, ECB should have done better: Farokh Engineer
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
Bhagwat's 'retirement at age 75' comment lands just as he and Modi near that mark -- sparking whispers of retirement, rifts, and reshuffles.
India's last three major commercial aviation accidents --Patna (2000), Mangaluru (2010), and Kozhikode (2020) -- could offer critical safety lessons for the ongoing investigation.
From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.
India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally.
Rising inflation and stagnant wages are forcing a number of salaried professionals to venture into the bike taxi service as part-time riders.
'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'
'We met Gulzar sahab at his residence to honour him with the Jnanpith Award. Gulzar sahab's son-in-law Govind Sandhu, filmmaker Vishal Bhardwaj, his wife Rekha, and a few writers were present on this occasion.'
RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said.
Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.
Many unauthorised migrants originate from Punjab and Gujarat, states known for high migration aspirations rather than political instability.
Equity investors would track global market trends, inflation data and trading activity of foreign investors for further cues this week, analysts said. Moreover, progress of monsoon and developments related to trade talks would also be monitored by investors, experts noted.
There is a reason this 11 year phenomenon is a rule as much as it is an observation. It speaks to the nature of man and what humans are like, explains Aakar Patel.
>The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd).
'I always cook from my heart,' says New York Chef Vijaya Kumar who won his third Michelin Star recently.
Kant, a retired 1980-batch Indian Administrative Service (IAS) officer of Kerala cadre, was appointed as India's G20 Sherpa in July 2022, months before India assumed the G20 Presidency.
India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.