The former Australia wicketkeeper joins former England coach Trevor Bayliss, who was appointed Sunrisers head coach last month.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.
The safest banks are those that have shown their strength in times of turbulence.
Piramal Realty received equity funding from Warburg Pincus and Goldman Sachs in July.
'We will infuse the next tranche of recapitalisation by mid-December. Close to Rs 42,000 crore remain to be infused as capital in public sector banks in the current financial year,' a senior finance ministry official said.
As India raised its pitch for upgrade of ratings from the current lowest investment grade, Atsi Sheth, vice-president and senior analyst, sovereign risk group, Moody's Investors Service, tells Business Standard that she does not foresee any movement from the current grade in the next 12-18 months.
Anil Kumble has been paid his dues of close to Rs 1 crore by the Board of Control for Cricket in India, marking a closure to his acrimonious episode as the head coach of the Indian cricket team.
Sunrisers Hyderabad coach Tom Moody has said that it is a pleasure working with players such as Shikhar Dhawan, who have a strong desire to improve their skills and evolve as a cricketer.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
The officials, sources said, will impress upon rating agencies the resolve of the government to follow the path of financial prudence and bring down the fiscal deficit to 3 per cent by 2016-17.
'We expect a pick-up in the second half of the current fiscal. But before that, data is likely to show a further slowdown. The second quarter print is likely to be worse than the first quarter,' said a senior official.
Sunrisers Hyderabad have roped in legendary Pakistan pacer Waqar Younis as its bowling coach for the upcoming Indian Premier League in April-May. 'One of the greatest fast bowlers of all-time, Waqar Younis will be the bowling coach for Sunrisers Hyderabad,' the team said on Twitter.
'Some months before his death, when I had inquired about his health, he was annoyed that people assumed the worst.' '"I am not going anywhere," Rishi snapped as only he could.'
The rating agency said that the 'Baa3' sovereign rating is supported by credit strengths which include a large, diverse economy, strong gross domestic product growth as well as savings, and investment rates.
Impressed by his amazing ability to win matches from nowhere, a British newspaper has likened Mahendra Singh Dhoni to the great Michael Jordan and said there is no better candidate than the Indian cricket captain for the sportsman of the 21st century award.
Former Australia batsman Darren Lehmann was on Thursday named the new coach of Kings XI Punjab for the sixth edition of the Indian Premier League.
Having missed the first two weeks of the Indian Premier League (IPL) due to a fracture on his hand, Sunrisers Hyderabad batsman Shikhar Dhawan is hoping to return to action "very soon" and is awaiting a clearance from the NCA.
It is not just a mere coincidence that the change in the government's response happened when Chidambaram took charge.
The 50-share NSE Nifty ended flat, up by 9.85 points, or 0.09 per cent, at 10,399.55.
'We didn't ask anyone for their views, because there was no scope for it'
S&P warned about spending on subsidies and heavy government debt.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
External Affairs Minister Yashwant Sinha on Thursday discounted the 'junk' grading of the rupee by rating agencies like Moody's and S&P, saying it was based on a few 'weak' parameters rather than the overall macro-economic picture.\n\n\n\n
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
The downgrade threat comes in the backdrop of growth slowing to a nine-year low of 5.3% in the fourth quarter of 2011-12, high inflation
India has pitched for a sovereign credit rating upgrade with Fitch Ratings, after announcing its budget last month.
Sunrisers Hyderabad, the new IPL outfit, have suffered a blow ahead of the tournament with star player Shikhar Dhawan being ruled out due to injury for at least their opening tie against Pune Warriors, to be held on April 5.
Italian tennis ace Francesca Schiavone has said that she regards Serena Williams better than Steffi Graf after she drew within four Grand Slam titles of the former German great's Open-era record.
Salman Khan talks about his upcoming film, Dabangg 2.
India's economy is likely to grow at the slowest rate in a decade this year.
The Indian oil company has been struggling to generate positive free cash flows given its already high capital expenditure programme and projected rise in its fuel subsidy outgo.
Besides, a higher opening in the domestic equity market and strengthening of the euro against the dollar overseas following a long-awaited bailout deal for Greece, supported the rupee, forex dealers said.
Opener Ian Bell plundered 187 off 145 balls and Stuart Broad captured four wickets as England crushed the Australian Prime Minister's XI by 60 runs in Canberra on Wednesday. Bell starred in England's imposing 391 for six to set the PM's eleven a run-chase of almost eight runs an over at Manuka Oval.
