Over half, or 269 NSE 500 stocks, have given over 10-fold (10x) returns in the last two decades, finds a recent report by Goldman Sachs that analysed 10 major markets across emerging and developed markets (EM/DM) that covered 6,700 stocks. The report examined '10-baggers' - stocks that have generated at least 10x total returns within a rolling 5-year period over the past two decades. Some of the prominent ones that comprise these 269 stocks in the Indian context stocks that delivered over 10x total returns over a 5-year rolling period since 2000 as per Goldman Sachs includes Westlife Foodworld, Bharti Airtel, Adani Total Gas, Patanjali Foods, Larsen & Toubro, BEML, Blue Star, Shree Cement, Lupin, Godrej Industries, Astral, Adani Enterprises, Hindustan Petroleum and Deepak Fertilisers.
Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.
They travelled for almost three days in a train with dead bodies, witnessing bloodshed and massacre across the new border that was created between India and the new-formed Pakistan.
Indian evacuation flights are operating out of Bucharest and Budapest. The government is not charging the rescued citizens for the evacuation flights.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
Of those who were willing to pay, two-third said they can pay up to Rs 500 for two doses of the vaccine, whenever it is available.
An award-winning Indian chef, whose Kerala-style fish curry has wowed many food buffs in London, has won the overall winner title in the prestigious South Wales Echo Food and Drink Awards. Kerala-origin Anand George, whose Cardiff-based Mint and Mustard restaurant won the House of Commons Tiffin Cup for 2008, scooped the overall prize for the Best Indian Restaurant in South Wales.
India is expected to contribute 15 per cent to the global growth in 2023, an International Monetary Fund (IMF) official said on Tuesday. "Both India and China are expected to contribute 50 per cent of the global growth in the upcoming year (2023). "However, the share of India's contribution to global growth is expected to be around 15 per cent," Krishna Srinivasan, director, Asia and Pacific Department (APD) at IMF said at a roundtable with reporters from south Asian countries.
The prime minister will leave for the Indonesian city of Bali on Monday on a three-day visit to attend the summit that is expected to deliberate extensively on pressing global challenges including the Ukraine conflict and its implications.
By keeping the Sanatana Dharma row alive and adding the Ayodhya temple consecration scheduled for January 22 and adding the free darshan promise from four polled states to the entire country, the BJP may have a self-fulfilling concoction, predicts N Sathiya Moorthy.
They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.
'India is an equity market with a breadth and depth of companies to invest in.'
These Kerala-style accompaniments will add a pop of colour and an authentic touch to your Onam spread.
Indian equity markets had a good run in the first half of calendar year 2023 (CY23), with the S&P BSE Sensex and the National Stock Exchange Nifty50 hitting fresh 52-week highs. While the Sensex scaled up to a peak 64,718, the Nifty50 hit Mt 19,189. As the markets now prepare to enter the second half (H2) of CY23, all eyes are on global central banks, especially the US Federal Reserve, as to when they will pause and pivot as regards their interest-rate cycle.
The 63-year-old former Kingfisher Airlines boss, an avid cricket fan, is wanted in India on fraud and money laundering charges amounting to an alleged Rs 9,000 crores.
Hailing from Kolhapur, MasterChef Australia contestant Rishi Desai shares his experience on the show.
Babu after reaching there, slipped and fell and got trapped between rocks on the mountain face
India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.
Prime Minister Narendra Modi arrived in Bali on Monday for the G20 Summit and bilateral meetings on its sidelines with key leaders attending this annual conference of the world's major economies.
Two South Indian recipes to be served with rice.
The US hopes India will "reconsider" its decision to ban wheat exports, with Washington "encouraging" countries not to restrict exports as that will exacerbate food shortages, amidst Russia's invasion of Ukraine. India, the world's second-biggest wheat producer, has banned wheat exports in a bid to check high domestic prices amid concerns of wheat output being hit by scorching heat waves. The decision would help control retail prices of wheat and wheat flour, which have risen by an average 14-20 per cent in the last one year, besides meeting the foodgrain requirement of neighbouring and vulnerable countries.
Home chef Joyce Arora's Instagram account will inspire you to cook.
Two-wheeler exports from India fell by 17.8 per cent to 3.65 million units in 2022-23 (FY23), according to data released by the Society of Indian Automobile Manufacturers (Siam) on Thursday. This decline is due to a rise in global inflation and the weakening of economies and currencies in key export markets of Africa, Latin America (LatAm), and South Asia. In contrast to FY23, two-wheeler exports from India jumped 35.4 per cent to 4.44 million units in 2021-22 (FY22).
The gau rakshak stated that the famine-stricken people were suffering because of their past karma and nothing could be done for them. The reply apparently infuriated Vivekananda, who told the gau rakshak bluntly that he had no sympathy to spare for societies which would not lift a finger to help human beings but wasted piles of food on birds and beasts. A fascinating excerpt from Govind Krishnan V's book, Vivekananda The Philosopher of Freedom.
'India is respected by both Israel and Palestine.' 'India can push the international community for the peace process.'
The number of poor people in India fell by about 415 million between 2005-06 and 2019-21, a "historic change" and a demonstration that the Sustainable Development Goal target of reducing at least by half the proportion of men, women and children of all ages living in poverty by 2030 is possible to achieve, even at a large scale, according to the UN.
'Given that they are playing at home and will have full crowd support, India, who are in peak form and whose morale is high, will be the favourites.'
Cyclone 'Biparjoy', the first storm brewing in the Arabian Sea this year, has rapidly intensified into a severe cyclonic storm, with meteorologists predicting a 'mild' monsoon onset over Kerala and 'weak' progress beyond southern peninsular under its influence.
Chinese Foreign Minister Qin Gang will travel to India to attend the meeting of G20 foreign ministers on March 2, during which he is expected to hold his first bilateral meeting with External Affairs Minister S Jaishankar.
As far as people like Kamala Harris are concerned, it's okay to share a culture, but wrong to play domestic Indian politics during American elections,' notes Vir Sanghvi.
Ankit Kawatra was one of three Indians to be honoured by Queen Elizabeth II.
Prime Minister Narendra Modi will visit the Indonesian city of Bali from November 14 to 16 to attend the G-20 summit, the ministry of external affairs announced on Thursday.
'IDF (the Israeli Defence Forces) soldiers, be it a girl or a boy, they may look very cute, but you cannot mess with them.' 'People are serving their country at 95 years of age. That's the greatest example of patriotism.'
Former West Indies captain Daren Ganga is proud of his Indian heritage and has started to trace his family's roots in the country.
'I was wondering whether I would ever come out alive.'
Today, the Ladakhis and Tibetans have been joined by the Sikhs, the Madrassis, the Garhwalis, the Rajputs, who are well trained psychologically and otherwise, to defend the nation, observes Claude Arpi.
The Doha Round of talks of the World Trade Organisation (WTO) faces a new challenge and if some statements emanating after the General Council meeting on July 25 at Geneva are to be taken at face value, this could derail the process of trade liberalisation through a multilateral route for some time.
The leaders said they stand for adherence to international law, peaceful resolution of disputes and respect for principles of the UN Charter, including territorial integrity and sovereignty of all states.
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