The BSE Smallcap index hit an over eight-month low of 47,627.96, falling 3 per cent in Tuesday's intraday trade amid selling pressure due to ongoing tariff-related concerns and rising geopolitical tensions.
India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
According to Mr Babar, within four days of this interview the Mumbai terror attack was underway, bringing the two countries closest to war in years -- 'The warmongers shattered Zardari's dream of peace with India'.
After Donald Trump became president of the United States, he unleashed economic weaponisation, upsetting the old world order, leading to much unrest. If that wasn't all, the threat of an imminent nuclear war was issued by the US, Russia, China, North Korea and Pakistan. In today's fractious times, Dr Paulos Mar Gregorios would have made a dent, notes His Holiness Baselios Marthoma Mathews III.
Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.
According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings.
Jyotindranath Mukherjee, popularly known as Bagha Jatin, attained martyrdom while fighting the British in Balasore district on September 9, 1915. It is unfortunate that the supreme sacrifice made by Bagha Jatin and his associates is little known outside Bengal and Odisha.
'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'
India, having secured two convincing victories, will be looking to complete a clean sweep of the women's ODI series against Ireland in the third and final match. The Indian team is brimming with confidence after a series of impressive batting performances, particularly from Pratika Rawal and Smriti Mandhana, who have formed a formidable opening partnership. Despite their strong batting, India's bowling has shown some vulnerabilities, allowing Ireland to score a respectable 254/7 in the previous match. The absence of key players like Shafali Verma and Harmanpreet Kaur has given opportunities for emerging players to shine. The series has highlighted the impressive performance of Pratika Rawal, who has made the most of her chances. The Irish team has been led by the strong performances of Gaby Lewis, Christina Coulter-Reilly, and Leah Paul, but their fielding has been a concern. The match is scheduled to begin at 11 am in Rajkot.
The launch of 'Makers', priced at a range of Rs 250-390 per metre, is the culmination of a process that started in March last year - a process which was initiated keeping in mind the Rs 6,000 crore (Rs 60 billion) organised textile market poised to grow at 20 per cent in semi-urban India.
The Ireland women's team has never beaten India in the 12 ODIs they have played against them.
618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.
Car restoration service provider Super Car Club Garage (SCCG), backed by Raymond chairman and managing director Gautam Singhania, has sought the Centre's green light for a licence to import foreign vehicles for restoration and subsequent re-export.
Godrej Consumer Products (GCPL) had a disappointing third quarter (Q3FY25) with flat volumes (after 7 per cent growth H1FY25). Price hikes will be required to maintain margins to offset the cost of palm oil inflation. However, some analysts see Q3 as an exception with strong volume growth expected to resume and it may be the fastest growing FMCG player in FY26.
Ashwini and Tanisha, who won the Guwahati Masters super 100 title, last month will take on Malaysia's Pei Kee Go and Mei Xing Teoh next.
Change is being led by a transformation on the digital front. Pavan Lall reports.
Wondeful shots of African women and giraffes roaming Kenyan grasslands were judged the most outstanding photographs of the year.
Raymond Ltd said on Thursday it has entered into a definitive agreement with Belgium-based UCO NV, for combining the denim business in a proposed 50:50 joint venture company to be located in India.
India defeated Ireland by six wickets in the first women's ODI to take a 1-0 lead in the three-match series in Rajkot on Friday.
Raymond was one of the first to start organised apparel retail in India.
If elected, Singhania will become a member of the FIA World Motor Sports Council Board and will represent the FMSCI as its Titular.
Raymond, the Singhania family-controlled textile and apparel manufacturer, had slapped a notice against the city-based footwear retailer for showing a man wearing suit with a tagline The Incomplete Man. In a letter written to ASCI, Raymond had pointed out that the company has been using the tagline for several decades and it is inseparable from its brand.
Raymond will open about 300 stores by end-March 2011, taking its total store-count to 800.
Literary adaptations, whistleblower pursuits, kidnapped Santas and South India's biggest stars, Sukanya Verma lists them all on OTT this week.
Star Plus is casting the desi version. Send in your choices!
Raymond's subsidiary Ring Plus Aqua Ltd, signed the joint venture agreement with AJ Rose for the facility that would manufacture sheet metal components, the company informed the Bombay Stock Exchange.
India, Canada relations have nosedived after Prime Minister Justin Trudeau's allegations last month linking Indian agents to the killing of Khalistani extremist Hardeep Singh Nijjar in June.
'There is a difference between a politician and leader.' 'A politician will have his pound of flesh first and do everything else later.' 'A leader will sacrifice everything to help people.'
Fashion designer Suket Dhir has bagged the International Woolmark Prize for menswear, becoming the second from India in four years to win the Rs 48.5 lakh worth prestigious prize.
'Being financially independent is crucial.' 'This spares women a lot of grief if the marriage, especially in large business families, breaks down.'
Billionaire Gautam Singhania on Monday announced separation from wife Nawaz, saying the two have decided to pursue different paths. Singhania, 58, had married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999. "This Diwali is not going to be the same as many in the past," Singhania, chairman and managing director of textiles-to-real estate conglomerate Raymond Ltd, said in social media posts.
Rouhalllah Quazim aka Raymond Gazi had a tough time surviving in the modeling world. Until, this ad happened to him. Divya Nair/Rediff.com interviews the Kashmiri model on his career highs and lows
Raymond India recently unveiled its brand new line jacketing fabric collection. We bring you snapshots from the fashion show held in Chandigarh.
Billionaire Mukesh Ambani's Reliance Jio is India's strongest telecom brand in India, ahead of Bharti Airtel and Vodafone Idea Ltd, according to brand intelligence and data insights company TRA. TRA, formerly Trust Research Advisory, in its 'India's Most Desired Brands 2022' ranked companies according to their brand strength. Reliance Jio topped the telecom category, followed by Bharti Airtel, Vodafone Idea Ltd and BSNL.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
Raymond India recently unveiled it all-new linen collection, designed by Suket Dhir.
Godrej Consumer Products (GCPL) reported 6 per cent year-on-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to Rs 3,385 crore and this was impacted adversely by currency movement. The constant currency (CC) growth would have been 30 per cent Y-o-Y in Q4FY24. India business clocked 12 per cent Y-o-Y revenue growth (5 per cent of it organic) with volume growth of 15 per cent Y-o-Y (7 per cent organic).
Textile stocks have exhibited a mixed performance so far this calendar year (CY23), amidst higher domestic cotton prices and tepid global demand. Shares of Page Industries, Dollar Industries, Lux Industries, and VIP Clothing have declined up to 13 per cent so far in CY23, as against a 9 per cent jump in the S&P BSE Sensex. On the contrary, shares of Arvind, Welspun India, Raymond, and Gokaldas Exports have gained up to 51 per cent, during the same period.
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