With the Big Four information technology services players having disappointed the Street, the focus is on mid-cap IT players who seem to have met expectations, according to analyst reports and management commentary on the demand environment.
After being in control of the IPL match till the 18th over of the chase, it was nightmare for the hosts as Sunrisers Hyderabad stunned Rajasthan Royals.
The four-five member team, led by NCB's Deputy Director General (northern region) Gyaneshwar Singh, is also likely to visit a few other places and will also record the statement of Prabhakar Sail, an independent witness in the case.
The Securities and Exchange Board of India's (Sebi's) proposal to re-introduce "hard underwriting" is seen as step to boost India's moribund initial public offering (IPO) markets. The regulator has proposed that in case an IPO fails to garner full subscription, the investment banker or a third-party can buy the unsubscribed shares. This practice was common during fixed-price issues prior to 1999. However, under the new book building regime, underwriting is allowed only to the extent of shortfall due to technical rejection of bids - this is referred to as "soft underwriting" and is rarely invoked.
AIADMK insiders see the very idea of an NDA conclave as a measure of the BJP's current electoral assessment, stemming from relative weakness in 2024 compared to 2014 and 2019. In their reckoning, the BJP now needs allies more than the other way round, observes N Sathiya Moorthy.
From panthers to crocodiles, Sukanya Verma gives you a wild menu on OTT this week.
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.
Syed Firdaus Ashraf unravels the chronology of controversy in the Aryan Khan drug bust case.
On legal front, Wankhede, who the NCB asserted has an impeccable service record, failed to get any relief related to an affidavit on the sensational extortion claims made by the independent witness, Prabhakar Sail, with a special court saying it cannot pass a blanket order barring courts from taking cognisance of the document.
Ace Indian shuttlers PV Sindhu and Kidambi Srikanth sailed into the pre-quarterfinals of their respective singles events after scoring comfortable victories at the Commonwealth Games in Birmingham on Thursday.
The legendary Allan Border feels Pat Cummins had a lot to worry about as the series against India was his "first real test as captain".
How did Bollywood spend the long weekend? By travelling, of course!
New Zealand were in trouble at 37 for 3 at stumps in reply to England's declared first innings total of 325 for 9 at Bay Oval, with seven wickets tumbling in a frantic evening session.
Skipper Meg Lanning's second consecutive half-century and Jess Jonassen's splendid all-round show powered Delhi Capitals to an emphatic 42-run win over UP Warriorz.
Sumit Nagal fought fire with fire to bring India back in the Davis Cup World Group Play-off tie against Denmark, winning the second singles.
Maha Vikas Aghadi, comprising the Shiv Sena, Nationalist Congress Party and Congress, has called a meeting of its MLAs in Mumbai on June 7.
Rossouw was supported by opener Quinton de Kock (68 off 43) while David Miller came in with four balls left in the innings to smash three sixes, guiding the tourists to a competitive total of 227.
Sevilla will bid for a record-extending seventh Europa League title when they face AS Roma in the final in Budapest on May 31, after Jose Mourinho's side drew 0-0 at Bayer Leverkusen to secure a 1-0 aggregate victory in their semi-final.
The re-opening of the Chinese economy, as it moves away from its zero-Covid policy, could help stabilise commodity prices, according to some of the country's top metal companies. They view this as a positive for demand, at a time when markets such as the US and Europe have been largely weighed down by slowdown concern now. "Most of us in the metals business are hoping the Chinese economy picks up because half of any metal demand, including demand for aluminium, comes from China.
Images from the IPL 2023 match between Lucknow Super Giants vs Punjab Kings played in Lucknow on Saturday
Friday will be a landmark day for domestic markets, with all the listed stocks entering the professed T+1 (trading plus one day) settlement cycle. About 200 stocks, which account for more than 80 per cent of India's market capitalisation, will be settled on a next-day basis, with effect from January 27. This will evidently complete the transition to the T+1 cycle that started in February 2022 with the bottom 500 stocks in terms of market value.
The clean chit to Aryan Khan and five others by the Narcotics Control Bureau on Friday has once again brought the central agency's former zonal director Sameer Wankhede under the spotlight.
'Chinese dominance reduces India's influence in South and Southeast Asia and erodes its status globally.' 'For a country striving to create a multipolar Asia, it would be a serious setback,' says Brigadier S K Chatterji (retd).
The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.
Saurashtra look poised to lift their second Ranji Trophy
Even as India's passenger-vehicle sales touched a record high of 3.9 million units in 2022-23, growing 27 per cent over the previous financial year, the country's largest carmaker, Maruti Suzuki India (MSIL), said on Monday uncertainties in the electronic-component supplies might affect production in FY24. MSIL said the shortage of electronic components had some impact on production in FY23. "The company took all possible measures to minimise the impact.
Bollywood stars are constantly on the go! And they have lovely pictures on social media to prove that.
A howler by Manchester United goalkeeper David De Gea gifted West Ham United three vital points in their battle against relegation as the hosts secured a 1-0 Premier League win.
I think he's just really earning the rewards for a lot of the hard work he's put in on and off the field, and long may it continue. He's been absolutely phenomenal for us and he's just a joy to watch. He puts on a show, no doubt,"
PHOTOS of the IPL 2023 match between Punjab Kings and Mumbai Indians at the Punjab Cricket Association Stadium in Mohali on Wednesday.
A summary of sports events and persons who made news on Thursday.
Manchester City moved four points clear of Arsenal atop the Premier League table with an 11th consecutive victory.
Mexico's exit ended a run of seven successive last-16 appearances at the World Cup and the defeat for Saudi Arabia killed off what had looked to be a realistic chance of advancing from the group stages for the first time in 28 years.
The NCB and Wankhede had earlier in the day filed two separate affidavits before the special court against the allegations of extortion attempt levelled against them.
The septuagenarian leader has with this victory, broken the record of veteran leader SC Jamir, who helmed the northeastern state thrice.
IMAGES from the WPL match between UP Warriorz and Royal Challengers Bangalore, played in Navi Mumbai on Wednesday.
Defending champion Andy Murray eased into the Wimbledon quarter-finals for the 10th successive year with a 7-6(1), 6-4, 6-4 victory over Benoit Paire on Monday.
The all-rounder bludgeoned 18-year-old Josh Baker for 34 runs in an over which included five sixes and a boundary -- the second time in his county career he had cleared the rope in five consecutive deliveries.
Suryakumar Yadav believes teams must be flexible to master cricket's 20-overs format and is fine with a floating position in India's batting line-up.
'I am honest, hardworking, spiritual, a bit of a hypochondriac, and fun!'
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