The BJP has called for a bandh (shutdown) in Jharkhand on April 3 to protest the alleged rape and murder of a 12-year-old girl in Hazaribag. The party is also protesting the overall law and order situation in the state.
The BJP in Jharkhand has postponed its planned bandh (shutdown) to April 9, citing Good Friday and the JEE (Main) examination. The bandh was initially called to protest the state's law and order situation and demand justice in a rape and murder case.
Jharkhand Police have formed a Special Investigation Team (SIT) to investigate the alleged rape and murder of a 12-year-old girl in Bishnugarh, Hazaribag. The SIT has been directed to submit a report within a week, and the investigation will consider all angles, including awaiting forensic and autopsy reports.
The Jharkhand High Court has taken suo motu cognisance of the alleged rape and murder of a 12-year-old girl in Hazaribag, prompting protests and a special investigation team.
The Jharkhand High Court has taken suo motu cognisance of the alleged rape and murder of a 12-year-old girl in Hazaribag district, demanding responses from state officials and police regarding the ongoing investigation and lack of arrests.
With competitive pressures increasing at home, Bharti is making a third attempt to gain a foothold in the African market.
Developers are tweaking their business model by launching smaller apartment sizes and playing the volume game to keep prices low and create buyer interest.
While domestic market growth is important, the sales trajectory in the international markets, which account for 45 per cent of the revenues, will be a key rerating trigger, say analysts.
Sixty-eight Rajya Sabha members, including nine Union ministers, are completing their tenure this year, triggering a race of sorts among leaders across political parties to eye a six-year term in the Upper House of Parliament.
There are multiple near-term worries for the stock of India's largest listed consumer company, Hindustan Unilever (HUL). While inflationary pressures will weigh on its profitability, demand pressures - especially in the rural market - are expected to hit the firm's revenues. This is why brokerages have cut the earnings estimates for financial year 2022-23 (FY23) by 7-10 per cent.
Riding on strong June-quarter numbers and positive brokerage outlook, the stock of retail major Trent hit a fresh all-time high on Monday (August 14). The stock has gained 14 per cent in five trading sessions. Continuing the trend of strong revenue growth over the last few quarters, the company posted 53.5 per cent year-on-year (Y-o-Y) growth in top line to Rs 2,536 crore in the June quarter (first quarter of financial year 2023-24 or Q1FY24).
Odisha Police, however, ruled out involvement of Naxals in the Hirakhand mishap.
Given the expectations of growth in the packaged foods segment, the company seeks to become a Rs 1-trillion FMCG business by FY30.
In addition to the negative sentiment as a consequence of changes announced in the Union Budget 2023-24 concerning tax treatment for debt repayment distribution, concerns about hiring slowdown and its leasing impact, as well as higher interest rates, could blight the sector in the near term.
Distribution yields could rise, but risk of Covid, higher interest rates remain.
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
While small-caps have delivered higher returns than their large-cap peers, investors would do well to recognise the incremental risk of investing in these companies.
These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
'Multiplexes will thrive by Q4 if 100% capacity is restored and a third Covid wave doesn't happen.'
What stocks will gain from a normal monsoon?
Street may be ignoring TCS headwinds as the stock's peak valuation doesn't seem justified by BFSI weakness, likely higher US tax rates and stronger rupee, reports Ram Prasad Sahu.
With little clarity on the demand outlook, investors should wait out the next couple of quarters rather than rush in to catch a falling knife, says Ram Prasad Sahu.
Ten stocks that can reap you a fortune
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.
Check out some of the stocks that will react on the basis of their numbers in the near term.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
Samajwadi Party patriarch Mulayam Singh Yadav is among six personalities chosen for this year's Padma Vibhushan.
Ram Narayan Sahu (Samajwadi Party) complained during a discussion on the Railway Budget that he did not get a glass for drinking water even in a first class coach.
From MRF to Shree Cement: 23 companies which delivered 30% CAGR in 15 years.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
Check out some of the stocks that will react on the basis of their numbers in the near term.
P Chidambaram and Rajeev Shukla of the Congress, Bharatiya Janata Party's Sumitra Valmiki and Kavita Patidar, former Congress leader Kapil Sibal, Rashtriya Janata Dal's Misa Bharti and Jayant Chaudhary of the Rashtriya Lok Dal were among the 41 winners declared elected unopposed to Rajya Sabha.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The SP's bid to dent the BJP's formidable social equation is playing out in a big way in the Poorvanchal or eastern region of Uttar Pradesh as the ruling party is working overtime to keep its caste equation unharmed.
Investors turn their attention to export-driven sectors.
The fifth phase of the Lok Sabha election witnesses several high-stake battles between the Bharatiya Janata Party and opposition parties, with people from 51 Lok Sabha constituencies across seven states casting their votes today to form the next government. Here's a look at who were among the early voters!