The filing of offer documents with the capital markets regulator - Securities and Exchange Board of India - has more than halved this financial year (2022-23, or FY23) as the outlook for new share sales has worsened, following correction in the secondary market. So far in FY23, 66 companies filed their draft red herring prospectus (DRHP), as opposed to 144 in the preceding financial year (2021-22, or FY22).
Some of the workers claimed they were entitled to draw salaries of SGD 2,200 to SGD 3,300 per month but were paid only SGD 900
The winning photos of the Animal Friends Comedy Pet Photo Awards 2022.
'The prospects for both India and the global economy is that we are headed towards a very difficult time.' 'I see very uncertain at least 8-10 months for both India and the rest of the world.'
Advance corporation tax collections grew 8 per cent in H1FY17 against 6 per cent last year. A moderate pick up in advance corporation tax collections suggest the sector might not witness significantly high growth in FY17, says Dilasha Seth.
'The district administration failed and it was a very costly failure.'
'After 2011-2012, both our investment rate and savings savings rate have declined. 'Correspondingly, the savings rate in the economy as percentage of GDP, also has come down.'
Former India opener Navjot Singh Sidhu salutes VVS Laxman and the Indian team on their showing in the first Test against Australia at Mohali
The Indian economy recovered from the Covid-induced downturn during 2022 and is poised for further improvement in the coming quarters though downside risks emanating from geopolitical tensions, strengthening dollar and elevated inflation will continue. The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come. The challenges before the government and the Reserve Bank in the new year would be to arrest inflation, check declining value of rupee against US dollar and promote private investment and growth, with a view to ensure that the country remains one the fastest growing major economies of the world.
'The finance ministry and the RBI will never admit to the difficulties in the economy because if they do so, it will adversely impact the financial markets, etc.' 'They like to present a rosy picture that everything is fine and under control.'
Major Indian automobile companies like Tata Motors, Bajaj Auto and Mahindra & Mahindra seem to have put up a robust performance in Q3 FY 10, paying advance tax of Rs 100 crore (Rs 1 billion), Rs 320 crore (Rs 3.2 billion) and Rs 195 crore (Rs 1.95 billion), respectively.
In the lightweight (57-60kg) division, Jasmine will feature straight in the quarter-finals after getting a first round bye.
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
The concept of investigative journalism is vanishing in the Indian media landscape, Chief Justice of India NV Ramana said on Wednesday.
Advertising growth in emerging markets such as China remained robust this year and would help offset any slowdown in developed countries, according to Miles Young, who takes over as chief executive of the Ogilvy Group in January.
'One of the biggest employment generators, the MSMEs, have not got much from the government.'
The Narendra Modi government is here to stay for 10-20 years, Bharatiya Janata Party President Amit Shah asserted on Friday, claiming that the new dispensation has ended the "reign of scams" and policy paralysis while changing the political culture in the country.
The jewel-encrusted Topkapi dagger and the enormous Spoonmaker's Diamond set amongst two more rows of diamonds were truly gape-worthy!, Letika Saran tells us after a fascinating encounter with Istanbul.
Here are a few pics of famous faces on the red carpet at the GQ Men of the Year Awards 2013 held in London last night. Who do you think scored bigtime in the style stakes and who tanked? Vote and let us know!
So rapidly that it has become imperative for the global community to notice and acknowledge its emergence on the global stage as an economy that counts," Dr Manmohan Singh said inaugurating last evening the three-day conference of the 'Fortune Global Forum.' The prime minister said the road to reform over the past two decades has been a one way street. Different political parties of different ideological hues have been in office over the past two decades.
Images from the third and final T20 International between India and New Zealand at the Narendra Modi Stadium in Ahmedabad on Wednesday.
After several tumultuous quarters, corporate India's earnings are turning positive. The ongoing earnings season has started rather well, with even laggards beating most estimates. Dig deeper and you will realise that the recovery is not real.
'When the gold price rises rapidly, India's physical gold market remains on standby.'
The Indians were undone by a horrendous stopwatch faux pas by technical officials in the shoot-out against Australia
'CWG was not that important to me as my main target is Paris'
Three Indian pugilists, including Nikhat Zareen, advanced to the semi-finals in their respective events after thrilling victories while Lovlina Borgohain bowed out in the quarter-finals in the Commonwealth Games in Birmingham on Wednesday.
'Most people my age don't know what fighting for your life feels like.' Rayna Arya on the lessons she has learnt from her life.
Joginder Tuteja lists the biggest projects announced during the lockdown.
Celebrity makeup expert Deepal Haria tells you how to glam up your New Year look.
Ian Chappell's belief stems from India's incredible depth of talent and its success ratio of late.
Like other cities of Gujarat, voters of this bustling urban centre have been standing firmly behind the saffron party since the early 90s.
At 23, Kendall Jenner is the highest-paid model this year.
LaLiga leaders Barcelona's pursuit of a 27th Spanish title gained momentum after a 2-1 comeback win over Real Madrid.
David Beckham earns up to 228,000 for a sponsored post.
Joginder Tuteja takes a look at the film projects that are on floors now.
Joginder Tuteja looks at the newcomers, who will make up the Class of 2021.
At the end of it all, Dravid's one-year report card doesn't paint a rosy picture and a meticulous planner like him will sit back and think hard about the tough calls he might need to take before the ODI World Cup in a year's time.