Most airlines lose 30 pilots a year. Vistara has lost only 2 in 18 months.
Bank of Baroda Q4 results: Key brokerages have raised their target prices on Bank of Baroda after the state-owned lender posted better-than-expected March quarter (Q4FY23) results. Analysts now see up to 29 per cent upside in the stock from a one-year perspective as they believe BoB is well-placed among the large public banks with nearly all key business metrics moving closer to the top-tier banks. Valuations, too, remain attractive despite steady strong quarterly performances.
'There are times when I've gone back to my hotel room and cried about what they were doing to my character.' 'They want you to lower your performing ability in accordance with your co-actor.' 'They alter the script, change your character... that's when the real anger sets in.'
COVID-19 is on the verge of becoming endemic but Indian scientists are keeping a close watch on each new variant and the government would continue to maintain a high alert, Union health minister Mansukh Mandaviya has said, underlining that the virus has managed to survive and is going to stay.
An actor of remarkable presence and gravitas, Vikram Gokhale's dramatic eloquence and cocksure authority sparkled every time he had to call on someone's bluff or leave them too tongue-tied to beat around the bush. Often though, his cold, composed stare was enough to put a dolt in place.
The CBI has arrested former Maharashtra Home minister Anil Deshmukh's lawyer Anand Daga for allegedly trying to subvert the probe against him, officials said.
The central agency Wednesday examined Deshmukh's son-in-law Gaurav Chaturvedi and lawyer Anand Daga in over its probe after which an FIR was registered, they said.
Earnings growth, attractive valuations and change in FPI flows from negative to positive over the next 12 months are some of the key triggers for an upside. "A poor monsoon, high inflation and further rate hike are some of the key risks
The last year has seen public sector undertakings (PSUs) outperforming the Nifty50, albeit by a small degree. But PSU valuations are still, on average, less than half of private sector peers at price-to-equity or PE 8.7x for the Nifty PSU Index versus 20.9x for the Nifty50. There are several reasons for lower valuation.
Sukanya Verma quizzes you to find out just how much you know about the movies.
Rohit, along with another former skipper Virat Kohli, are currently not a part of the shortest format.
In March this year, Worldline India launched Vabox (Voice Alert Box): merchants will now get instant audio alerts on the settlement of UPI (Unified Payments Interface) payments via QR codes in languages of their choice when customers check out. "They needn't worry whether the amount has been credited to their account," says Gulshan Pruthi, the firm's executive vice-president. The French payments giant will roll out 500,000 Vaboxes in the initial phase.
Analysts have turned cautious on Cipla, as the recently issued form 483 by the US FDA with eight observations to its Pithampur (Indore) plant is expected to delay the launch of the company's key generic - Advair - in the US. The Indore plant contributes around 5 per cent of Cipla's revenues, as per analysts' estimates. While the respiratory product, which is used to treat asthma, had cleared the pre-approval inspection of the regulator at the Indore unit; the final approval could be unlikely until the company clears the recent US FDA observations, analysts say.
In a video now viral on Facebook, the little girl from the Lohai-Malhar village in Kathua district of Jammu voices an adorable wish to Prime Minister Narendra Modi -- "Please Modi ji, ek achhi si school banwa do na (Please Modiji, build a nice school for us)".
Just 14 companies raised Rs 35,456 crore through main-board primary share sales in the first half of the fiscal, down 32 per cent from the year-ago period when 25 issues had mopped up Rs 51,979 crore. But according to Prime Database, the IPO pipeline is strong with 71 issues worth Rs 1,05,000 crore having Sebi approvals and another 43 worth about Rs 70,000 crore are awaiting approval. Of these 114 planned issues, 10 are new-age tech companies, which are looking to raise roughly Rs 35,000 crore.
Sensing a huge opportunity in the healthcare sector during the Covid-19 pandemic and its aftermath, private equity (PE) players are upping their investments in the space. According to data from research platform VCCEdge, the PEs have together invested a staggering $583.82 million in the first five months of 2021 in five deals, which is the highest investment in the sector in the last five calendar years - from 2016 to 2020. The second highest investment in the sector took place in 2017, when PEs invested $503 million in 18 deals, with an average deal size of $29. 9 million.
Things are looking up for engineering firms and Siemens is likely to be one of the leading beneficiaries. Apart from the generic revival in activity, which is expected to continue through the 2023-24 financial year (FY24), the Budget has a strong infrastructure thrust, which works in Siemens' favour. The company reported a standalone Ebitda (earnings before interest, tax, depreciation and amortisation) of Rs 550 crore (up 66 per cent year-on-year or YoY) in Q1FY23 (Siemens follows the October-September accounting year).
Anil Kapoor and Jackie Shroff were among the guests who celebrated Sonu's honour.
'You can't control the emotions of the crowd and such incidents happened in the world of cricket.'
'Aamir is deeply patriotic and cares for the country.'
On Ashaji's 89th birthday on September 8, Subhash K Jha revisits some of her lesser-known classics.
Atiq Ahmed is named in more than 100 criminal cases, including the recent Umesh Pal murder case
'The prime minister is talking to his Chachaji and he is crying in the PM's lap, it was such an emotional scene.'
Invest in quality companies that make profits, advises stock market expert and rediffGURU Samraat Jadhav.
Sukanya Verma quizzes you to find out just how much you know about the movies.
'He didn't have a single mean bone in his body.' 'He never had a negative word about anybody, not even those who harmed him.'
The engineering and construction (E&C) sector delivered an excellent performance in the last two financial years (FY2021-22 or FY22 and FY23's nine-months) and there's reason to believe that FY24 will also see outperformance. The sector has emerged from the pandemic with stronger balance sheets and more rational cost structures. It has a big order book and it should see new order flows accelerate in FY24.
Discussion has started between blank check companies in the US and Indian PEs on possible deals in certain key sectors.
Sukanya Verma quizzes you to find out just how much you know about the movies.
For a segment that thrives on promise more than performance, the country's start-up ecosystem is refusing to get carried away by the funding this calendar year. This has created the highest level of uninvested venture capital in seven years as investors wait for corrections in the working and - more importantly - valuation of start-ups while looking for cockroaches instead of unicorns. "Investors are now keen to invest in companies that have good top and bottom lines.
There's much entertainment coming up from July to December, and Joginder Tuteja highlights those films for us.
This isn't a compilation of his best films, biggest blockbusters or important milestones but moments that swept Sukanya Verma off the floor, blew her heart into smithereens, regaled her with their sheer silliness, made her laugh till her sides hurt and look at phenke hue paise in disdain.
The Central Board of Direct Taxes (CBDT) has proposed a new common income-tax return (ITR), with greater focus on disclosing income from virtual digital assets or crypto assets and foreign equity and debt instruments held by resident Indians. For non-resident Indians, the draft ITR seeks exhaustive details ranging from nature of business, permanent establishment (PE), business connection, whether the entity has significant economic presence (SEP) in India, along with the number of users in India. The ITR protocol for NRIs could widen the scope of the SEP principle that was introduced in the Finance Bill 2018-19, and the explicitly defined 'business connection' to include provision of download of data or software, if aggregate payments from such transactions exceed a prescribed amount, or if a multinational's interaction is with a prescribed number of users.
Just like Gujarat Chief Minister Narendra Modi's 'chai pe charcha' where he connects with various sections while sipping tea over the internet, Congress vice president Rahul Gandhi will take part in a 'Google Hangout' on March 15, where he will interact with block, district and Pradesh Congress Committee presidents to give them pep talk on the coming elections and to get their feedback on their states and their districts. Renu Mittal reports
The agency has booked Sisodia, a 1992-batch IRS officer Sukesh Kumar Jain who was then secretary of vigilance, retired CISF DIG Rakesh Kumar Sinha who was working as special advisor to Chief Minister Arvind Kejriwal and joint director in the Feedback Unit, they said.
To become a sponsor-free AMC, a MF must have positive liquid net worth and net profit of at least Rs 10 crore in all of the preceding five years.
US retail giant Walmart has said it is "open to an IPO" for its Indian e-commerce arm Flipkart but there is "no specific timeline" for the share sale. Both Flipkart and payment app PhonePe continue to do well, Walmart International president and CEO Judith McKenna said while speaking at the DB Access Global Consumer Conference on June 7. "We always made it clear from the day we made the acquisition or the investment, that we would be open to an IPO," said McKenna. However, she noted that there is no specific timeline for the IPO.
Shares of companies having investments of late billionaire investor Rakesh Jhunjhunwala ended on a mixed note on Tuesday. The 62-year-old investor, who was known as the Big Bull and Warren Buffett of India for his investment acumen, passed away on Sunday. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata group. Titan ended 0.88 pe cent higher at Rs 2,493.65.
Subhash K Jha picks songs to celebrate Maha Shiv Ratri.
Deepa Gahlot picks a list of 10 essential RGV movies though there are 84 to wade through.