The company had appointed a three-member committee of directors to implement the changes.
With inflation down, the government's twin deficits are largely under control.
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
The new phones, launched at a virtual event broadcast from Apple's headquarters in Cupertino, include the iPhone 12, the iPhone 12 Pro, the iPhone 12 Pro Max and a new, smaller, iPhone 12 mini.
The first all electric Mercedes AMG launched in India
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
The realme X50 Pro 5G is a future ready phone that comes loaded with fancy tech for gamers and social media buffs, says Ashish Narsale.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
Developed markets have performed better than emerging market firms in the top 10 TSR-based rankings, says a BCG report.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
The India growth story is still intact, and fall in the Indian stock markets is an imported one and if the government succeeds in legislating the GST and Land Bill, India could yet emerge as a winner believe stock market experts
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Lithium-ion battery would be doubly efficient in near future.
In spite of a massive jump in the number of the uber rich and rich becoming richer, their contributions to charity continued to decline during the COVID-19 pandemic when a whopping 200 million-plus were forced into poverty, says a report. While CSR (corporate social responsibility) spends have increased from 12 per cent in FY15 (two years into mandatory CSR spends) to 23 per cent in FY21, charity by the uber rich slipped from 18 per cent of the total funding in FY15 to a paltry 11 per cent in FY21, says global consultancy Bain & Company and charity-focused domestic consultancy Dasra in their India Philanthropy Report 2022. The report said that donation from private foreign companies has contracted from around 26 per cent in overall private giving in FY15 to around 15 per cent in FY21.
From OnePlus' Concept One smartphone to the Microsoft Xbox Series X, Khalid Anzar lists the top 6 gadgets we can look forward to in 2020.
The 46-year-old chairman of the Aditya Birla Group has made at least 28 acquisitions since he took the reins of the group 18 years ago.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The government must justify why we need to buy foreign reactors when we have developed up to 700 MWe unit-size pressurised heavy water reactors, a design which can be easily extended to 900 to 1000 MWe unit size. Why can't the 'Make in India' philosophy apply to indigenous nuclear reactors, more than 18 of which have been designed, built, and being operated by Indian engineers, asks Dr A Gopalakrishnan.
Single Indians will continue to meet prospects over video calls even in a post coronavirus world, predicts Saurabh Goswami, founder-director, Ultra Rich Match, an online matchmaking company.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
In a major boost to its fire power, the Indian Army has deployed a sizeable number of upgraded L70 anti-aircraft guns in the high mountains along the Line of Actual Control in Arunachal Pradesh in addition to its existing M-777 howitzers and Swedish Bofors guns, officials said on Wednesday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Quorum in Mumbai aims to introduce and extend its blend of hospitality and philosophy of being community-led, content-driven, design-focused and experiential.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time - the target is July - they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023. But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
A cache of weapons was recovered from the encounter site
Michael Phelps was quickly back to his dominating best, powering to a pair of victories in less than an hour on his return to competition at the Charlotte UltraSwim Grand Prix Friday.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
Auto and realty shares were among the top Sensex gainers.
Streamlining its delivery network and shifting focus back to the mass segment - at a time when competitors were struggling to restore normalcy in operations due to the pandemi - aided the firm's revival.
Several brokers used shares of dormant or inactive clients to provide margins for other more active clients. This prompted Sebi to rework its entire system of pledging.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
