The IPO boom in 2023 added four new promoters to the billionaires' list.
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
Invests $1.1 billion in 6 months, against $3.7 billion in 20 years
Protesters on Twitter have begun asking people to boycott Ola's service, as mark of disagreement with the company's views
A beautiful mandap has been created at the Sheesh Mahal for the wedding ceremony.
Sluggish economy, high bullion prices and consumer shift towards cheaper gifting options such as electronic goods and mobiles have taken the sheen off gold
More cos could join the likes of Burger King and Antony Waste in giving listing another shot.
The listing day gain-to-loss ratio for FY21 was 71 per cent, the highest since FY17, when it was 85 per cent.
In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore (Rs 18 billion) in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.
Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.
Consumer sentiment seen better than last year's
Business should be pleasure, not pressure, believes Thrissur-based T S Kalyanaraman.
Which Bollywood diva was your favourite?
Recovery is attributed to higher domestic demand, export orders and import by NRIs.
Sebi has asked intermediaries to stagger the offerings as much as possible, said people in the know and ensure adequate capacity building.
'Virat is the captain of the Indian side and Anushka is an A-list Bollywood actor. Something like this has not happened before.'
Gold sales were reported at 40 tonnes last year; this might have been surpassed this year.
Indian jewellers such as Gitanjali Gems, Malabar Gold and Kalyan Jewellers have opened stores abroad to limit the slump in sales.
The supremely talented actor turns 57 today!
According to jewellers and MMTC-PAMP India, gold demand has picked up in the wake of good monsoon and favourable price levels. There was positive response and more footfalls.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
The period of assessment of these defaulters range from 1989-90 to 2013-14.
The damage to aircraft estimated to be around Rs 200 crore.
Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery.
See, learn and apply these cues!
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
From Shah Rukh Khan and Salman Khan to Chiranjeevi and Prabhas, India's film stars are stepping forward to do their bit for migrants, daily wage workers and those from their own film industry facing joblessness and near starvation in an unprecedented pan-India lockdown.
Its trajectory in telecom is well known but now it is pushing for a similar leap into the ranks of the top players in its other businesses: media and entertainment, e-commerce, a series of online businesses ranging from health to education, and retail.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
As advertising reaches a cacophonous pitch, as it does every year around this time, brands say they are finding newer and more effective ways to reach their audiences.
Archana Walavalkar is on a mission to 'make India stylish'.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
What Indrani doesn't know is that even if she is handed down a sentence of not guilty by the judge at the end of the long and meandering Sheena Bora murder trial, for India's legion of armchair judges, she will always be guilty. She won't be able to change that. Ever.
I-T heat on thousands of firms for unusual cash deposits.
'It is this new brand of nationalism, where the saffron has elbowed out the other shades in our Tiranga, that will go before the electorate later this year.' 'And it is this new nationalism that will power Modi back into office with 300-plus seats when elections are held,' says Saisuresh Sivaswamy.
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