Fund managers are withdrawing after a two-year long run in public sector bank (PSB) stocks. Domestic mutual funds (MFs) were net sellers of PSB stocks for the first time in nine quarters, offloading shares worth Rs 1,800 crore in the March quarter, said a report by ICICI Securities. In the previous eight quarters, fund houses had invested more than Rs 10,000 in PSBs amid deep discounts in valuation vis--vis their private sector peers.
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
Always acknowledge what you don't know and know that there are many paths to an end goal, says three-time founder and CEO Neha Sampat.
Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
Welcome to the world of tech start-ups Ms Chopra!
Prime Minister Narendra Modi on Monday held separate meetings with his British counterpart David Cameron and French President Francois Hollande.
India turns talent backyard for Southeast Asian taxi apps to fight Uber.
Amazon, in recent years, has emerged as a disruptive force in shopping, attracting millions of customers across the globe - the US and India in particular - to shop online.
To promote entrepreneurship in India's tier-II and tier-III cities, Silicon Valley entrepreneur Gururaj 'Desh' Deshpande's Deshpande Foundation will open the sandbox in Hubballi. Alnoor Peermohamed reports.
"Immigrants make many of the nation's greatest discoveries, and create some of the country's most innovative and iconic companies," says their court motion.
Alexander Zverev got the better of older brother Mischa at the Citi Open in Washington on Thursday, winning their first meeting at an ATP Tour event 6-3, 7-5.
While the historic success of Chandrayaan-3 is celebrated by Indians across the world, two untrumpeted engineering colleges in Kerala are basking in the glory of the key role played by some of their alumni in the crucial Moon mission.
'Such big falls are quite frequent these days, so do not try to time this market.' 'Use big dips to accumulate quality stocks.'
Four Indian-American politicians from the ruling Democratic Party, including Raja Krishnamoorthi, Ro Khanna and Pramila Jayapal, were elected to the US House of Representatives on Wednesday and many others won across the country to state legislatures in the highly polarised midterm elections.
What goes in favour of Asur 2 is its pace and novelty, even though the approach has all the hokiness of a comic book, observes Deepa Gahlot.
For the new millennium generation, slowly and at an accelerating pace, it is attractive to harbour a start-up ambition, says R Gopalakrishnan.
Silicon Valley is at the heart of the transformation of the global economy -- which has both winners and losers, writes Ajit Balakrishnan.
India was one of the very few countries where applications for US visas saw a major upswing after coronavirus-related travel restrictions were lifted.
The policy features a combined death benefit to be paid upon the death of the single insured that more than doubles the previous record, Guinness said in a statement.
"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.
What should you keep in mind while using the treadmill? Tell us!
Modi is expected to travel to the US late September.
According to the report, Facebook has invited media through the event to its headquarters in Silicon Valley city of Menlo Park where 'a small team working on a big idea' will unveil something which is still undisclosed.
The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.
What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan.
The global turmoil in the banking sector has made analysts cautious, who advise that investors stay away from stocks of this sector till the overall sentiment improves. The recent trouble for the banking sector started with the collapse of US-based Silicon Valley Bank (SVB), Silvergate Capital and Signature Bank. On its part, Moody's Investors Service has also cut its outlook for the US banking system to 'negative' from 'stable', citing the run on deposits at these three banks that led to the collapse of these banking majors in less than a week.
Analysts say the impact on Indian entities would not be immediate
The H-1B issue specifically did not figure in the talks, with Foreign Secretary S Jaishankar telling reporters that there was a lot of discussion with business leaders and the two leaders about the digital partnership when asked about whether H-1B visa issue figured in the talks.
'As a member of Congress, it was important to meet with Prime Minister Modi. Promoting the India-US relationship is a priority. It is important to have a constructive dialogue with the biggest democracy in the world,' US Congressman Mike Honda tells Ritu Jha/Rediff.com
Indian government bonds, particularly those of shorter maturity, strengthened sharply on Monday, as the collapse of the California-based Silicon Valley Bank (SVB) prompted investors to rush to the safety of American debt, leading to a decline in US bond yields.
he popular social networking site recently began covering egg freezing, while the technology giant would start in January, spokespeople for the companies told NBC News.
"This is something to be proud of," said Raj Panjabi, who is currently serving as Senior Director for Global Health Security and Biodefence on the White House National Security Council.
Recently, when TCS laid off a handful of employees, prominent trade unions rushed to offer their support to workers who had lost their jobs.
Nasscom has identified 4-5 different areas and is taking these recommendations to the government.
A serial entrepreneur and author talks about the mistake he made as a first time entrepreneur and the lessons he learned from it.
'The whole country has to aspire to move up. They should look at their neighbours, see where they are, and should work to get there.'
Arghyam Foundation on Monday said Rohini Nilekani has decided to retire from the foundation as Chairperson and member of the board on September 30, 2021. She will be succeeded by Sunita Nadhamuni, currently a member of the board at Arghyam and Head of Digital LifeCare, Dell Giving and Social Innovation at Dell Technologies. Rohini Nilekani, the wife of Infosys co-founder and chairman Nandan Nilekani, had set up the foundation in 2001 as a vehicle for her personal philanthropy.
The community is planning to welcome Modi at every possible location where he could be available during his three-day stay.
