'...similar to the 2008 global financial crisis, the 2012 taper tantrum, or the 2018 midcap crash.' 'This could lead to a substantial decline in activity and revenues for the broking industry.' 'When this will happen is uncertain, but as brokers, we must be prepared for such a downturn.'
'Not sorry to any politician. Ever. No one. Any party. FIR kar lo (register an FIR). Case kar lo (register a case). Koi farak nahi padta (it doesn't make any difference) - I am not a pushover - won't be bullied. Don't make an issue where there is none. It might be an election year - but people are smart. Indori people - super smart. I'll come to Indore when I wish, as many times I wish - and am confident of Indori mehmaan nawazi (good hospitality)'
From aadmi to andas, Bollywood songs dispense gyaan for every occasion. But nothing beats its obsession with pyaar.
Mutual funds (MFs) turned net sellers of equities in April amid a run up in stock prices on sustained inflows from foreign portfolio investors (FPI). The benchmark indices, Sensex and Nifty50, logged their biggest monthly advance since November last year, gaining 3.6 per cent and 4.1 per cent last month. Data from the Securities and Exchange Board of India (Sebi) shows that MFs sold equities worth over Rs 5,100 crore in April, the highest since February 2021.
Kareena and Jeh get a quick pic... Sunny works in Goa... Shriya's ready for Diwali...
Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.
The protesting MPs did not accept the tea and snacks offered by the deputy chairman.
Rocky Aur Rani Kii Prem Kahani is sure to raise eyebrows with its over-the-top quality, but hey, this is the unabashed Bollywood we once fell in love with and who is better than Karan Johar to retrieve the genre, asserts Mayur Sanap.
The 33-year-old accused, Nossam Mohamed Yunus, was wanted for his alleged involvement in the Nizamabad terror conspiracy case, a spokesperson of the federal agency said
'The deal pipeline across products is robust for 2024.'
A number of private companies have contributed to the development of ISRO's Chandrayaan-3 spacecraft which successfully landed near the south pole of the Moon on Wednesday evening.
The sharp correction in the Indian markets from their peak levels has made valuations attractive, say analysts, who advise buying selectively, but only from a long-term perspective. Fifty-six of the Nifty 100 stocks, according to Mahesh Nandurkar, managing director at Jefferies, now trade below the 10-year historical averages, including stocks in financial, select auto, and pharma sectors. "Valuation (one-year forward consensus price-to-earnings, PE) has declined 25 per cent from October 2021 peak, almost matching the 33 per cent price-earnings contraction during the 2011 tightening cycle when repo rates went up by 375 basis points (bps) versus 250 bps this cycle.
Priyanka-Nick's night out... Kareena tucks into a yummy meal... Shriya prefers French fries...
After monetising Jio Platforms -- which houses the firm's telecom arm and digital ventures, richest Indian Mukesh Ambani is looking to rope in investors in the retail business.
Most airlines lose 30 pilots a year. Vistara has lost only 2 in 18 months.
Patience can be rewarding. 'Post-listing, sanity often returns to valuations of newly-listed businesses within six to nine months. Buy then.'
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
Sukanya Verma quizzes you to find out just how much you know about the movies.
'We will take tough calls where needed in the interest of doing what is right.'
Wardens and staff members of hostels in Kota will be given professional training in mess management, psychological and behavioural counselling, and other aspects of students' care to equip them to battle the rising number of suicides by aspirants in the coaching hub.
At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.
The Supreme Court held on Friday that Preliminary Enquiry (PE) is not mandatory before FIR registration by the CBI under the Code of Criminal Procedure or Prevention of Corruption Act or the investigative agency's manual and the accused cannot insist on it as a right.
With over 80 million Unified Payments Interface (UPI) users, Amazon Pay, the payments business of e-commerce giant Amazon, has been growing at 40-50 per cent year-on-year (Y-o-Y), said Mahendra Nerurkar, chief executive officer (CEO) and vice-president (V-P), Amazon Pay India. "Leveraging just the micro peer-to-peer (P2P) transactions on UPI is not a business model. "While we have enabled those features, we do not chase monthly active users based on this.
The last time a bear attack was launched on a controversial businessman was when a cabal of brokers launched an assault in the early 1980s on what they thought was an over-priced Reliance share, recalls T N Ninan.
'How do you stay so energised? So young?' 'Dev Anand flashed that familiar crooked grin and told me, "The mind never grows old. It urges you to surge ahead".'
At a time when the overall narrative is around India being an attractive investment destination, the two American multinationals are more specific in projecting India as their centrepiece.
The Lok Sabha on Wednesday passed three bills to replace the colonial-era criminal laws by voice vote.
American retail giant Walmart is not keen on opening direct-to-consumer physical stores in India, but will focus on growing its acquisitions - online marketplace Flipkart and payments major PhonePe, a top official said on Friday. It can be noted that the company acquired Flipkart and PhonePe in a $16 billion deal a few years back. "We've got an omnichannel strategy that includes both of those components.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
Sukanya Verma remembers the Boss in 30 of his underrated, overlooked gems in Hindi film music.
The ruling Aam Admi Party in Delhi rejected the allegation of any wrongdoing and accused the BJP of "using all its power to finish AAP".
As India successfully lands Chandrayaan-3, does the moon look as beautiful as one's beloved or has the Chanda Mama of folk ditties acquired a whole new meaning?
Three marquee exits accounted for nearly 60 per cent of the total exit value -- BillDesk's acquisition by PayU for $4.7 billion, Paytm's $2.5 billion initial public offering (IPO), and Zomato's public market debut of $1.3 billion.
Rishabh Pant used a line from the Mirzapur series, streaming on Amazon Prime Video, to accompany a dapper look posted on social media.
Shadab Khan doesn't shy away from expressing his love for Bollywood movies and local food.
PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.
The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity (PE) firm Bain Capital for Rs 1,440 crore. The total valuation of the Adani financial services business stands at Rs 1,600 crore. Gaurav Gupta, managing director (MD) and chief executive officer (CEO) of the Adani firms will hold the rest of the stake.
The nine-page guidelines have been issued days after the state government set up a 15-member committee headed by education secretary Bhawani Singh Detha to examine the issue after record student suicides were reported from coaching hub Kota.
Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.
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
