Punjab Kings are placed eighth while Chennai Super Kings occupy the penultimate slot in the 10-team IPL points table.
A lot of mid and small-caps are in the bubble zone and command high valuation and have corrected sharply.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
He said COVID-19 can be a catalyst towards the adoption of digital technologies in health and education and drive change in a way that even venture capital funds have not achieved despite pouring billions in investments.
The Asian Development Bank (ADB) on Monday said it has approved a loan of $125 million (around Rs 938 crore) for water supply and sanitation projects in Uttarakhand. The funds will be utilised to improve access to quality water supply and sanitation services in the Himalayan state, ADB said in a release. Under this project, 136 kilometres of water pipe system will be constructed to replace defective water networks in South Dehradun. This will ensure reliable and continuous water supply, benefitting an estimated 40,000 people, including 4,000 urban poor and vulnerable groups.
Equity benchmark Sensex rebounded 454 points on Thursday, boosted by gains in index heavyweight Reliance Industries amid a positive trend in global markets.
That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.
His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.
Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
The Navi lending app, launched in May, provides instant loans of up to Rs 5 lakh, with repayment tenures of up to 36 months.
Reserve Bank Governor Shaktikanta Das on Wednesday said the country is at the doorstep of economic revival on the back of accommodative monetary and fiscal policies being pursued by the central bank and the government.
A meeting between Mann and several farmer leaders took place at Punjab Bhawan to discuss their demands, including a bonus on wheat and beginning paddy sowing from June 10, the sources said.
The criteria for allowing companies to avail of this provision will include profitability, networth, paid-up capital, and turnover.
Markets regulator Sebi's proposal of treating all orders emanating from application programming interface (API) as algorithmic or algo order can restrict the growth of such trading in India, brokerage houses said on Monday. In market parlance, algo trading refers to any order that is generated using automated execution logic. The algo trading system automatically monitors the live stock prices and initiates an order when the given criteria are met.
Elliott Capital's letter to Cognizant, detailing how the latter can reinvent itself, has many lessons for its India-listed peers like TCS and Infosys, says Akash Prakash.
'We showcased about 20 use cases in 5G trials in Pune and Gandhinagar and some of them were interesting and innovative.' 'However, which ones will take off and which ones would not be relevant, we don't know yet.'
'With the way we were going, we came to run-a-ball and to lose from there, really disappointing. We didn't play smart cricket.'
'The government is just laying foundation stones everywhere.' 'It has hardly inaugurated anything.'
While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.
Pranjal Kamra, CEO, Finology Ventures, lists seven efficient ways to cope with the rise in EMIs even as you balance your monthly budgets.
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
The police have put up barricades, tippers and rolled out water cannons to prevent protesting farmers from entering Chandigarh.
The 10 teams in the league will be bidding heavily for the Indian players in a list of 590 cricketer
It will not be an easy task for a struggling Punjab side to stand up to the challenge thrown by a RCB team
Images from Sunday's IPL match between Delhi Capitals and Mumbai Indians, Abu Dhabi.
'Most Indian logistics firms do not have the facility to store and transport COVID-19 vaccine right now.'
Sebi's move to curb volatility didn't work for the market as rules were applicable for both long and short positions which makes difficult new long positions while short positions caused more price damage due to lack of liquidity.
Tech Mahindra was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Bajaj Finance, Bharti Airtel, Bajaj Finserv, L&T, Tata Steel and Infosys. NSE Nifty surged 191.95 points to 15,824.05.
Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company.
Auto stocks are weighing on the indices.
Shravin Mittal's venture capital firm, Unbound Advisors, has made investments worth over $500 million so far
The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall.
Images from the IPL match between Royal Challengers Bangalore and Delhi Capitals, in Ahmedabad, on Tuesday.
On a roll after back-to-back wins, the vintage Chennai Super Kings would look to extend their winning run when they clash with struggling Kolkata Knight Riders in their next IPL match in Mumbai on Wednesday.
India led 2-0 in the five-match series, but lost the last three to the reigning World Cup champions to lose an ODI series after a lengthy gap.
The data collated by Dealroom.co and revealed in London this week shows that the Indian investment figures coincided with record investment numbers registered by the UK in 2019, at USD 13.2 billion, behind the US (USD 116 bn) and China (USD 33.5 bn). Both India and the UK witnessed a record year in terms of investments into their respective technology sectors in 2019. India attracted tech investments worth USD 9.36 billion last year, which marks a 95 per cent hike on the previous year, it said.
Indian wrestler Ravi Dahiya says will strive to improve and complete the unfinished task of winning a wrestling gold at the 2024 Paris Games.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
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