The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.
New Zealand's stand-in captain Tom Latham was delighted to have found a new hero in ton-up Rachin Ravindra as they began their World Cup campaign, obliterating champions England by 9 wickets in Ahmedabad on Thursday.
Virat Kohli's World record 50th ODI hundred, a scintillating century by Shreyas Iyer and Mohammed Shami's brilliant pace bowling powered the hosts past New Zealand in the first semi-final with a 70-run victory at the Wankhede stadium in Mumbai on Wednesday.
The World Cup opener is set to be another barnstorming meeting between two of the favourites -- and a fitting way to start a cricketing feast.
Rajasthan Royals cruised to a nine-wicket win over Kolkata Knight Riders to resurrect their play-off hopes.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 33 World Cup 2023 games.
Both Jaiswal and du Plessis, the leading run-getters in IPL 2023 so far, are in scintillating form. While du Plessis is leading the scoring charts with 576 runs from 11 innings, including six half centuries and a best of 84, Jaiswal is a close second with 575 runs from 12 matches, which includes four fifties and a 124-run knock.
A summary of Saturday's action in the English Premier League.
Bruised and battered in their last game, Rajasthan Royals will hope for a much-improved effort from the batting unit against Sunrisers Hyderabad in order to avoid a hat-trick of defeats in the IPL match in Jaipur on Sunday.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 45 World Cup 2023 games.
'Great to catch up with the maestro who looks in fine fettle - @msdhoni,' Ravi tweeted.
Bangladesh scored 245 for nine against New Zealand in their ICC Men's ODI World Cup match in Chennai on Friday.
South Africa's bowlers chipped away at the wickets to stay on course for a huge victory against New Zealand.
They are languishing at the bottom and placed eighth in the points table after the first half of IPL 2023.
The most interesting aspect of the contest is the form of batters from both sides which has been the reason of their success so far.
Koopmeiners leads Atalanta past Milan into Coppa semis
New Zealand captain Kane Williamson doffed his cap to pacer Mohammed Shami and the India team after his side was outplayed in the World Cup semi-final.
Australia finished the 2021-23 WTC cycle on top of the table, their only loss being the 2-1 away defeat to India earlier this year.
Italy qualified for Euro 2024 after drawing 0-0 against Ukraine in their final Group C qualifier on Monday.
Since the start of the century, India have made it to two finals and two semis in five ODI World Cups but have just ONE title to show for. It's high time to end that barren run!
Mitchell Santner and Lockie Ferguson picked up three wickets each as New Zealand trounced Afghanistan by 149 runs.
How the IPL teams have shaped up after the auction.
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
A look at match-ups that could potentially decide the winner of the ICC World Cup final between India and Australia in Ahmedabad on Sunday.
Table-toppers Rajasthan Royals need more from their fragile middle-order as they look to return to winning ways against an inconsistent but dangerous Royal Challengers Bangalore in Sunday's IPL match in Bengaluru.
Images from Day 5 of the second Test between England and New Zealand at Trent Bridge in Nottingham on Tuesday.
Number 11 Ashton Agar made an astonishing record 98 on debut as Australia seized control of the first Ashes Test against England on a wildly fluctuating second day at Trent Bridge on Thursday.
Jacob Duffy, Blair Tickner, Rachin Ravindra and Hamish Rutherford were released from the initial 20 player squad.
Different players standing up at different times has been the positive aspect of Rajasthan Royals' 'hungry' batting unit, said pace spearhead Trent Boult.
Trent Boult, Jimmy Neesham and Daryl Mitchell had everyone in splits as they danced on a Bollywood hit from the last decade.
'But we need to turn around our cricket quickly and three games and no wins, you can't afford to get bad starts in IPL.'
'I have seen the talent these players have and there are plenty of superstars in that team'
The retail industry witnessed robust top-line growth for the greater part of the previous financial year, but demand has started to show signs of fatigue seen in the January-March quarter (fourth quarter, or Q4) of 2022-23 (FY23), especially in the apparel and innerwear segments. Jewellery, however, has managed to hold on to demand in the quarter. "In the discretionary space, demand moderation in urban markets is expected to impact the quick-service restaurant and apparel categories the most, while paint, luggage, and jewellery should see resilient growth," Systematic Institutional Equities observed in its preview of the sector.
New Zealand's Daryl Mitchell said he has no regrets after falling agonisingly short of a maiden Test double hundred in the second match of the series against England.
IMAGES from the first semi-final of the ICC World Cup played between India and New Zealand at the Wankhede stadium in Mumbai on Wednesday.
India vice-captain Smriti Mandhana struck a scintillating half-century to help Southern Brave crush Trent Rockets by 10 wickets and book their place in the knockout stages of The Hundred.
New Zealand have a team capable of winning the T20 World Cup.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 23 World Cup 2023 games.
IMAGES from the Premier League matches played on Sunday
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of World Cup 2023 after the first 12 games.
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