Private equity (PE) players and investment bankers are divided over the timing of the BT Group's reported move to exit Tech Mahindra. BT owns about 30 per cent in TechM.
E-vehicles may face pollution hurdle with hazardous batteries. One lithium-ion battery has a potential to poison the whole water aquifer of Delhi.
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
Monday saw the Sensex post its weakest closing since July 11 when it settled at 36,265.93. In the previous four sessions the index had lost 1,249.04 points.
Change is being led by a transformation on the digital front. Pavan Lall reports.
Global NCAP strongly believes that no manufacturer anywhere in the world should be developing new models that are so clearly sub-standard.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
From India, Reliance Industries is the only one in the overall top-200 list and is followed by HDFC Bank at 209th, ONGC at 220th, Indian Oil at 288th and HDFC Ltd at 332nd place.
One associate feels rebuilding trust in existing and prospective clients will take six months to a year. "Currently, it's business as usual for those who are involved in project development but not for those in business development. We don't have financials and without it we cannot convince clients about our capabilities. Now that we have come under the umbrella of Tech Mahindra, things may change for the good soon," he said.
After a few exciting days in Nepal, a land of alluring stupas, Rediff.com's Rajesh Karkera, on a tri-nation drive, heads east via India into mysterious Bhutan.
The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.
Even erstwhile independent directors were being paid substantial remuneration including commission. The median annual salary of IL&FS employees was Rs 13.1 lakh.
Noted banker Uday Kotak said the country's financial system is currently in a Darwinian mode as only the fittest lenders are able to survive. Kotak also said that historically, whenever there has been a problem with a private sector lender, it has been merged with a state-run bank.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The K C Mahindra Education Trust, Mumbai, invites applications for Mahindra All India Talent Scholarships from students who have passed Class X or class XII and have secured admission this year in Government or recognised polytechnics for diploma courses.
TUV300 will take on the likes of Ford EcoSport and Renault Duster that are priced between Rs 7.88 lakh and Rs 13.54 lakh.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
'Chest-thumping on-air theatrics on television are no consolation for families who've been forced to embrace the price of war,' notes Nikita Puri.
Automobile companies are worried about challenges from electric mobility, automation and connected vehicles.
What does one do when one day, out of the blue, one is told to go on a road trip to the Everest Base Camp?
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'It could tempt investors to pick stocks that are not fundamentally sound.'
Mukesh Ambani continues to remain the richest man in India.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
A group of prominent personalities, including industrialists Azim Premji, Keshub Mahindra and Deepak Parekh, have expressed concern over a series of scams leading to 'governance deficit'.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.
Mohun Bagan rode on a Jose Barreto hat-trick to blank Kolkata rivals Mohammedan Sporting 3-0 in the 113th IFA Shield tournament quarter-final group league matches in Kolkata on Saturday. In the day's other matches, Mahindra United beat East Bengal 2-0 while Churchill Brothers and Dhaka Mohammedan Sporting drew goalless.
Mukherjee conferred with the Jordanian monarch on a wide variety of subjects, including terrorism, UN Security Council reforms, enhancement of bilateral trade.
K C Mahindra Education Trust, Mumbai, invites applications for the Mahindra All India Talent Scholarships.
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