Several BJP voters say the Ram temple sentiment may give the ruling party a fillip but are also aware of the herculean task at hand and concede that it is a daunting electoral contest for Dinesh Singh, who lost to Sonia Gandhi in the 2019 Lok Sabha polls.
The equity cult has grown at a rapid pace in India in the last few years, with retail investors latching on to the stock markets like never before. At 126.6 million, the number of dematerialised (demat) accounts, where investors hold their securities in electronic form for trading purposes, are at record high levels. The growth rate, on an annualised basis, stood at 27 per cent in 2022-2023, up from barely 6 per cent a decade ago.
Tamil Nadu is leaving no stone unturned in marketing its upcoming global investors meeting on January 7 and 8. While business veterans are promoting the positives of the state's industrial climate through the 'Titans of Tamil Nadu" campaign, the state is narrating the human stories behind its robust industrial growth via the 'One Trillion Dreams' campaign. Among the industry bigwigs, who are showcasing Tamil Nadu to the world through this mega marketing initiative include Venu Srinivasan of TVS Motor Company, K M Mammen of MRF Ltd, Pratap Reddy of Apollo Hospitals, P R Venketrama Raja of Ramco Group, Mallika Srinivasan of TAFE; and Vellayan Subbiah of Murugappa Group.
'I didn't know how I would say all the loving, romantic bits.'
Info Edge (India) reported good Q2FY24 results with hiring across other segments helping offset weak IT performance. The revenue increased 11.5 per cent year-on-year (Y-o-Y) to Rs 593 crore, (up 1.5 per cent quarter-on-quarter or Q-o-Q). The earnings before interest, taxes, depreciation, and amortization (Ebitda) margin was excellent at 40.7 per cent, up 200 basis points year-on-year (Y-o-Y).
Another season of these legal antics would be welcome, applauds Deepa Gahlot.
Grasim Industries has announced a rights issue of around Rs 4,000 crore with the promoters committed to fully subscribing to their entitlements and to covering any unsubscribed portion. This is to part-fund capital expenditure (capex) of Rs 10,000 crore in a new foray into the paints business. The company has already invested Rs 3,640 crore in the paints business (by Q1FY24). The management has outlined a capex of Rs 5,700 crore for FY24, which includes Rs 4,280 crore allocated for the paints business, of which Rs 1,050 crore has already been spent in Q1FY24.
Bhuvneshwar's early strikes coupled with good spells from Pat Cummins and Thangarasu Natarjan in the middle overs saw SRH clinch victory against all odds.
Modi underlined his commitment to taking strict action against the corrupt amid criticism by opposition parties that probe agencies were used by his government to target their leaders.
Home favourites Satwiksairaj Rankireddy and Chirag Shetty went down in a tense final against world champions Kang Min Hyuk and Seo Sang Jae at India Open, settling for their second successive runners-up finish, in New Delhi on Sunday.
Germany expects 2.7 million people to attend matches in stadiums across the country and some 12 million in its fan zones for outdoor viewing, including on a long stretch of turf laid out in front of Berlin's Brandenburg Gate.
Analyst are cautious about the performance of IT services sector from January to March quarter (Q4) of FY24 and the first half (H1) of FY25. While the Bloomberg consensus on revenue implies the market is expecting 2-3 per cent growth on a quarter-on-quarter (Q-o-Q) basis for the IT majors through FY25, the H1FY25 is likely to see even flatter returns, and Q4FY24 is likely to be poor. There is likely to be some recovery in the second half (H2FY25) but even so, there's a chance that the market will be overall disappointed.
The cryptocurrency exchanges in India have got a fresh lease of life following the bull run in Bitcoin, which briefly hit a new all-time high of more than $69,000. Siddharth Sogani, managing director of CREBACO, expects the price to cross $1,00,000 by the end of the year. This will see a sharp reversal in the Indian market, which has largely been dormant since the new tax regime was implemented in 2023.
Virat Kohli shared the experience of facing the top bowler in the nets
Gautam Gambhir's captaincy had once helped Kolkata Knight Riders carve its own niche with two IPL titles in the last decade and as the former India opener starts his new journey as a 'Team Mentor', the endeavour is to put them in a better position compared to current situation.
Rangeela's presence in the fray could have been trifle uncomfortable for Modi. He may not have posed an electoral challenge to the prime minister, but Rangeela's public meetings could have seen people flocking, if only to hear him mimic Modi. In a completely Modi-centric election, the presence of a 'rival' -- if only for a smattering of audience at his meetings -- would not have been particularly appreciated by Modi, asserts Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times.
Double Olympic medallist PV Sindhu survived some tense moments before progressing to the women's singles second round, but it was curtains for Lakshya Sen and Kidambi Srikanth in the men's singles at the Badminton Asia Championships, in Ningbo, China, on Wednesday.
For the company's latest energy initiative to expand its green energy and storage portfolio, some analysts are beginning to suggest a closer look at some of its segments. In his address to shareholders in the company's FY22 annual report, billionaire Mukesh Ambani, chairman and managing director of the company, said: "The green energy value holds great promise to outshine all our existing growth engines in just 5-7 years." The company has marked an investment of Rs 75,000 crore towards its new energy plans, which include solar energy value chain, green hydrogen, energy storage and other similar businesses.
In August, the Reserve Bank of India Governor Shaktikanta Das held a meeting with chief executive officers/ managing directors (CEOs/ MDs) of large non-banking financial corporations (NBFCs). The discussions included diversifying borrowing sources for NBFCs and housing finance companies (HFCs) to contain increasing reliance on bank borrowing, risks associated with high credit growth in retail segment in unsecured loans, prioritising IT upgrades and cyber-security, improving provisioning, monitoring of stressed exposures and slippages, ensuring robust liquidity and asset-liability management, ensuring transparency in pricing, creating robust grievance redress mechanisms.
Attacking Narendra Modi, Rashtriya Janata Dal chief Lalu Prasad Yadav on Tuesday said that "even a butcher is shy" of the BJP leader who was aiming to become the Prime Minister of the country.
Does Rahul get your vote? Or did you prefer Dhoni's cameo?
Tata Motors is likely to exit the S&P BSE Sensex and the Nifty50 indices once the demerger process of its commercial vehicle (CV) and passenger vehicle (PV) businesses is complete, analysts at Nuvama Institutional Equities said. They have compared the development with Reliance Industries (RIL) and Jio Financial Services, which got listed separately and eventually (in the next few days) got excluded from the domestic indices.
After Canada Open triumph, Sen jumps 7 places to be at 12th spot in world rankings
Cummins or Bumrah? Which bowler would you rate higher on a day when more than 500 runs were scored?
A court in New Delhi on Tuesday sent Bharat Rashtra Samiti leader K Kavitha to judicial custody till April 9 on a plea made by the Enforcement Directorate that the 'highly influential' arrestee, if released, was likely to influence witnesses and tamper with evidence.
Prime Minister Narendra Modi on Sunday suggested that if the Congress comes to power, it would redistribute wealth of people to Muslims and cited former PM Manmohan Singh's remark that the minority community had the first claim on the country's resources.
The missile hit a plantation in Margaliot, a moshav (collective agricultural community), in the Galilee region in the north of Israel around 11 am on Monday, Zaki Heller, spokesperson for rescue services Magen David Adom (MDA), told PTI.
Hooda's spectacular 128-ball knock featured 19 fours and five sixes, guiding Rajasthan to chase down the target of 283
Although he's having a ball shooting for Bade Miyan Chote Miyan with Akshay Kumar in Jordan, Tiger Shroff misses being in Mumbai on his father Jackie Shroff's birthday on February 1.
A new era of Indian equity market outperformance compared to China "appears to be dawning", according to Morgan Stanley. The firm has upgraded India to overweight in its Asia Pacific-excluding Japan (APxJ) list, making it their most preferred market not only in the region but also in the global emerging market (GEM) pack. India now holds the top position in this category, with an overweight of 75 basis points, a significant increase from nil previously.
Avenue Supermarts, the operator of DMart retail chain, reported good results for the July-September quarter (Q2FY24) with strong earnings before interest before interest, taxes and depreciation (Ebitda) and profit before tax (PBT) growth, but lower PAT due to higher tax incidence. The operating margin improved, and like-to-like store sales growth was strong. Average bill value also increased though this may be a seasonal effect to some extent. Analysts are assuming this means the slowdown in retail may have bottomed out.
The external affairs minister said Pakistan should emulate the Sino-Indian model of not allowing one single issue to hold up progress in all other issues.
Official telecaster Prasar Bharati has got Life Insurance Corporation, Maruti, Suzuki, Insurance Regulatory and Development Authority (IRDA), Indian Oil Corporation, BSNL and Samsung on board as sponsors for telecast of the forthcoming Beijing Olympics. But with the tournament starting on August 8, Prasar Bharati is yet to have a presenting sponsor.
Communication is the secret ingredient of a healthy green flag relationship, says rediffGURU Ravi Mittal.
'Whoever is questioning the government on the Adani issue is being harassed'
Images from the IPL 2024 match between Kolkata Knight Riders and Royal Challengers Bengaluru.
The recent price correction in broader markets has hit cement companies hard. So far in the current month, smallcap firms like Visaka Industries, Andhra Cements NCL Industries, Sahyadri Industries, and KCP have lost 19.7 per cent, 14.3 per cent, 13.8 per cent, 13.5 per cent, and 11.5 per cent, respectively. On the contrary, largecap companies, while registering losses for the month, have seen a softer blow.
Benchmark indices--Sensex and Nifty--were 0.7-0.8 per cent higher from the Saturday closing. Among the widely-tracked Nifty 50 stocks, 39 advanced and the rest 11 declined at the opening bell. Among the individual stocks, Cipla, ICICI Bank, Sun Pharma, Power Grid Corp, and Bharti Airtel were the top five gainers, while Asian Paints, Hindustan Unilever, Britania, HDFC Bank, and BPCL the losers, NSE data showed. On Monday, Indian stock exchanges were closed for trading on the occasion of Pran Pratistha of Ram Temple in Ayodhya.
What did Union Minister Hardeep Singh Puri say that made Hema Malini laugh like we have never seen before?
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