Titan was the top gainer in the Sensex pack, rising around 4 per cent, followed by HDFC, Nestle India, IndusInd Bank, UltraTech Cement and Bharti Airtel. On the other hand, Bajaj Auto, Tata Steel and NTPC were the laggards.
Employees of around 150 firms may lose out on PF benefits as their companies failed to get an exemption certificate from the Employees' Provident Fund Organisation (EPFO)
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Around 25 per cent of the international real estate market in London also belongs to Indians with investments around 1 billion pounds.
With theatres remaining shut, new releases are making a beeline for OTT platforms, and companies are forging tie-ups to reach out to the target audience.
With the threat of a third Covid-19 wave looming large, companies are scrambling to protect employees and keep operations safe--from a no-jab-no-entry-at-workplace policy to ramping up vaccination, it's an all-out effort to prevent the scale of devastation seen in the first two waves. At least two top steel companies--Tata Steel and ArcelorMittal Nippon Steel India (AM/NS India)--are pushing for vaccination certificates for entry into work premises. AM/NS India, a joint venture between world's leading steelmaker, ArcelorMittal, and Japan's Nippon Steel, is set to make vaccination the certificate a requirement from July 1.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
Consumer durables and electronics companies are putting the final touches to their festive period plans.
Indian companies are expecting generous tax incentives from the Union Budget that will help them invest more in building capacities in the coming years. While the productivity-linked incentives (PLIs) are a good start to spur local manufacturing, the government should also take steps to boost consumer demand, which is not showing encouraging signs, say chief executive officers (CEOs) of India Inc. Statistics released by the Reserve Bank of India (RBI) shows that Indian banks had sanctioned loans worth Rs 75,558 crore in 220 new projects - a record low - in the pandemic-hit financial year ending March 2021. This is not showing any signs of a significant pick up in the last nine months of the ongoing financial year.
Land aggregators now want to sell to large corporations because their payment is guaranteed.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Heavy rains accompanied by strong winds damaged many cars, brought traffic to a grinding halt, left trees uprooted and led to power outages in various parts of the capital on Monday.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
he hike in service tax rate from 12.5 per cent to 14 per cent will increase the costs of buying
Close-ended equity funds, launched with fanfare three years ago, have disappointed investors with their dull returns. The data from Value Research shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent. In comparison, the Sensex Total Return Index (TRI) has rallied 46 per cent over the past one year.
The attack on Dabur comes days after Fabindia was pilloried for naming its collection 'Jashn-e-Riwaaz'.
Builders were questioned on unfair trade practices.
Modi will also perform the ground-breaking ceremony for the building, which is expected to be completed by 2022 at an estimated cost of Rs 971 crore.
Discounts could be luring but onus of due diligence is always on buyer
At a time when buyers are complaining about developers not sticking to delivery schedules and delays stretching for three-four years, these technologies have come as a boon.
The existing Parliament building will be conserved as it is an archaeological asset of the country.
It is expected to be completed in around 22 months from the start of construction work. The new building will come up on plot number 118 of the Parliament House Estate.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
'Nehru once told JRD, "I hate the mention of the very word profit".' '"Jawaharlal, I am talking about the need of the public sector making a profit!" JRD replied.' 'Nehru reiterated, "Never talk to me about the word profit, it is a dirty word".' A fascinating excerpt from Shashank Shah's The Tata Group: From Torchbearers To Trailblazers.
A Bolero car still could not be traced, he added.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It is expected to bring transparency and reinstate consumer faith in the industry, says Brotin Banerjee.
While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at the other. Also missing are technology players, observes T N Ninan.
The 61 year-old leader was the Minister for Home Affairs, Law, Parliamentary Affairs and Legislature in Yediyurappa's council of ministers that was dissolved on Monday and was also the Minister in-charge of Haveri and Udupi Districts.
Officials also said that sufficient steps have been taken to control air and noise pollution during the construction work for the new parliament building, which will have separate offices for all MPs and those will be equipped with the latest digital interfaces as a step towards creating 'paperless offices'.
'Government shouldn't be in the business of running airlines, instead it should develop the ecosystem of civil aviation.'
Intimate getaways offered in the form of homestays by hotels are proving to be the flavour of this extraordinary and difficult time. Not far from cities, they offer a pleasant respite from homebound lives, says Pavan Lall.
The 10,000-square feet top-floor apartment is being sold by Raheja Developers.
The sources further said that around five statues, including of Mahatma Gandhi and Bhim Rao Ambedkar, in the Parliament complex are also likely to be relocated temporarily due to the construction work and they will be reinstalled at prominent places within the new complex once the project is completed.
With the new owner shelling out Rs 18,000 crore for the buyout of 'Maharaja' this would be the highest ever amount garnered through privatisation or even the cumulative sum garnered through strategic sale in 1999-00 to 2003-04. The government had garnered roughly over Rs 5,000 crore during that five-year period by privatising 10 CPSEs.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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