Boeing is likely to vie for the deal to supply 110 fighter jets to the IAF in one of the biggest such procurement in recent years globally which could be worth over USD 15 billion.
The current spurt in the stock market is on account of strong fundamentals and robust corporate earnings and retail investors can look for buying opportunities to accumulate quality stocks, experts said.
Sushant Mathew's goal enabled the Mumbai side snatch a 1-1 draw with the Bahrain giants in the AFC Cup football tournament.
Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
Investors keen on mid and smallcap stocks but wary of volatility should consider multicap equity schemes over standalone midcap or smallcap schemes.
Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
Mahindra 2 Wheelers may be a young entrant to the gearless scooter segment, but they are slowly establishing their credentials as a serious player with a long term view of things.
Private sector lender Bandhan Bank on Friday said its founder, managing director and CEO Chandra Shekhar Ghosh has tendered his resignation. Ghosh would retire from the services of the bank as MD and CEO upon completion of his current tenure on July 9, 2024, the bank said in a regulatory filing. "After leading the bank for almost a decade, including three consecutive tenures as MD & CEO, I feel that the time has now come for me to assume a larger strategic role at Bandhan group level," Ghosh said in a letter addressed to the board.
Enhancing its product portfolio in the Latin American market, homegrown auto major Mahindra & Mahindra launched its sports utility vehicle Scorpio SUV in Chile.The Scorpio, M&M's second product to be launched in Chile after the Mahindra Pik Up Double Cab, has been introduced in the country in partnership with Fortaleza of the Automotores Gildemeister Group.
10-man Churchill Brothers fought valiantly but had to be content with a 1-1 draw against Mahindra United in the last of the quarter-final group league matches at the Ambedkar Stadium in New Delhi on Tuesday. Reisangmi Vashum beat Mahindra goalkeeper Mahindra United Amit Nandi as early as the eighth minute to give Churchill the lead. Churchill Brothers held on to the lead till the 75th minute, when Edeh Chidi scored the equaliser.
The stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.
Celebrating Freedom with an unusual automobile convoy!
Internet giant Google is investing $10 billion in India's digitisation fund, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech and will support small and large businesses in India, the US and around the world. Pichai met Prime Minister Modi in Washington on Friday and also announced the opening of Google's global fintech operation centre in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. "It was an honour to meet Prime Minister Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing $10 billion in India's digitisation fund," Pichai said.
As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.
The new four-wheeler (4W) electric vehicle (EV) policy may spur the entry of global majors. The manufacturing policy cuts Customs duty to 15 per cent, given a minimum investment commitment. It calls for a minimum investment of Rs 4,150 crore (about $500 million) for making electric four wheelers (e-4Ws), with manufacturing to commence within three years of approval.
The Indian National Football League champions beat Bangladesh's Brothers Union to keep alive their chances of making it to the quarter-finals.
On Tuesday, one of the longest serving chairmen of India Inc decided to step down from his post, which he held for 49 years.
Mahindra to sell Peugeot scooters in North Africa
The Mumbai champions lost their AFC Cup match to the Bahrain team 0-1.
The defeat is a severe jolt to Mahindra's hopes of making it to the semis in the under-19 NFL.
It also asked why the data shared pertained to a period from April 2019 even though the scheme for anonymous political funding was introduced in 2017.
FMPs remain an option for investors who believe interest rates could head downward over time and wish to lock in the current rates. TMFs have very low expense ratios, which makes them cost-efficient.
The donation by Tata Sons and Trusts is the biggest sum committed by a corporate and its philanthropic arm since the outbreak of Covid-19. Others, including Reliance Foundation, Mahindra Group, Bajaj Group, and ITC, are lending support too in the battle against the pandemic.
'It was beautifully played by an American band.'
Among the Sensex firms, Tata Motors jumped over 3 per cent. Tech Mahindra, Infosys, HCL Technologies, Axis Bank, Mahindra & Mahindra, ICICI Bank, UltraTech Cement and Kotak Mahindra Bank were the other major gainers. NTPC, Asian Paints, Titan and Power Grid were among the laggards.
Keeping with its global ambition, homegrown farm equipment-to-software group Mahindra & Mahindra said it will embark on a new brand positioning to project a singular voice for various entities under its umbrella.The group has decided to use 'Rise' as the new brand position.
The Mercedes-Benz GLC 220d 4MATIC, the SUV former Tata Sons chairman Cyrus Mistry was riding in on Sunday, comes with various safety features to protect passengers but just like other high-end cars, it has no airbags for rear seats.
Mahindra & Mahindra is developing a small engine for a smaller version of its UVs and replicate the Tatas dream of a small car, a company official said.
An injury time goal by Yusif Yakubu guided Mahindra United to a solitary goal victory over New Radiant of Maldives in their Group 'E' home match of the AFC Cup tournament, at the Nehru stadium in Margoa, Goa, on Tuesday.
Rajya Sabha MP Kapil Sibal on Friday described the electoral bonds scheme as a 'very big scam' and demanded that a special investigation team (SIT) be set up with court-appointed officials to probe the alleged quid pro quo and wrongdoings under it.
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
Mahindra & Mahindra is in talks to buy a majority stake in Pininfarina.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
Chaiman Therdsak's goal from a free-kick gave the visitors a 1-0 victory in the AFC Cup match.
'If you are investing in a Ulip for returns, go for a type I Ulip.' 'If you are investing for insurance cover as well, type II is better.'
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
Mahindra & Mahindra, the diversified business group with significant interest in automotive and information technology, is looking at setting up an aircraft financing arm in Australia
India's top clubs were drew 2-2 with Brothers Union of Bangladesh and Turkmenistan's Merv respectively in the second round.
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