IPO market hopes to come out of slump in festive season, reports Sundar Sethuraman.
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
Most producers have put off plans to make capital investments in their wineries, and implemented cost-reduction measures to conserve cash.
Every psychiatrist and psychologist Rediff.com spoke to said one thing: Avoid news channels and social media.
India is a power hungry county and its demand for power will only increase in the coming times. We shall always remain underpowered in the short run and companies like Tata Power who have capacities on ground will benefit. In the long term, these stocks will perform better, says Pranav Sanghavi.
Tier-II and tier-III towns have a reason to rejoice.
"ACA will provide every possible support to the state government to fight the novel coronavirus outbreak during this critical juncture."
Kazuo Ishiguro has written eight books, as well as scripts for film and television, the Academy said.
'There's a difference between a captain who consults and one who is uncertain; dithering is a bad look for a captain. There are times in Australia when a captain has to be imaginative in order to force the issue and this is not one of Root's strengths.'
Mental health issues of sports-persons is now a serious topic and recently Australia coach Justin Langer advocated the need to keep a tab on the younger lot as to how they are coping up with trying times.
'You need to polish your skills and be prepared to be an asset in the 'new normal' work environment.' 'Access MOOCs (massive open online courses) and keep your brain razor sharp, despite not having a job offer or having your job offer rescinded.'
Students rescued from Ukraine face an uncertain future due to their inability to complete their education and also run the risk of falling into a debt trap as they may find it difficult to repay education loans, Congress MP Kodikunnil Suresh said.
A cascade of errors and uncertainty about the law on abortion contributed largely to the tragic death of Indian dentist Savita Halappanavar at an Irish hospital last year, according to an official enquiry report.
The 36-year-old made the announcement through a statement on Instagram.
'We told the government that we won't dance to their tunes this time.'
Uncertain political times in Meghalaya, Nagaland, Tripura.
In a tightening cycle, a premature pause in monetary policy action would be a costly policy error, Reserve Bank Governor Shaktikanta Das opined while voting along with five other members of the MPC for raising the key lending rate by 35 basis points earlier this month, according to the minutes of the meeting released on Wednesday. Prior to the December hike in repo rate, the RBI had raised the key short-term lending rate by 190 bps in four tranche.
Software services industry may have to relook its cost structure to maintain a higher margin.
Banks looking to raise capital via bond sales to fund decade-high credit growth were compelled to put some of these debt issuances on hold amid a sharp rise in yields since late September, sources told Business Standard. A major private lender, Axis Bank, has not yet followed through with a planned issuance of infrastructure bonds worth around Rs 3,000 crore. This is because volatility in the bond market in late September led to investors seeking higher yields, sources said.
Taiwan had shifted its purchases of large military platforms and systems, like fighter jets and naval vessels, to smaller lethal anti-ship and surface-to-air-missiles, reported The Singapore Post citing local media.
India's second-largest information technology (IT) firm Infosys has decided to reduce the average variable payout of employees to 70 per cent due to falling operating margins in the first quarter (Q1) of 2022-23 (FY23), said people in the know. "The margin impact in the current quarter has reflected on the performance bonus for this cycle," the company told its employees over email. "While 70 per cent is the correct figure, an important point is we have been told that the company will not defer any variable payment. "It is being paid according to schedule," said a person.
In his 'last appeal' to the over 9,000 Pradesh Congress Committee (PCC) delegates who constitute the electoral college to pick the next All India Congress Committee (AICC) chief, Tharoor noted that from his conversations over the last few days he gathered that many of them may have concerns or hesitation about change.
Prabhat Kumar from Kishtwar, Jammu and Kashmir explains how his wife Ranjana supported him and kept his family together in difficult times.
United States President Trump has been nominated along side his arch nemesis dictator Kim Jong-un.
The season-ending WTA Finals will be held in Guadalajara, Mexico instead of Shenzhen, China this year and will begin on Nov. 8, the WTA Tour said on Monday.
Major gainers in the Sensex pack were Hero Motocorp, which rallied 7.01 per cent, followed by Bharti Airtel (6.69 per cent), Yes Bank (5.30 per cent), Adani Ports (4.90 per cent), Tata Steel (3.75 per cent) and Bajaj Auto (3.70 per cent).
'If he plays his cards well; develops a thicker political hide; complements his populist 'Left of centre' image with a sounder understanding of economics, foreign policy and national security; and plays the waiting game with fortitude, who knows, India may well have a rejuvenated Congress party with a reformer and a statesman as its leader in the years ahead.'
Indian economy is likely to rebound with an 8.9 per cent growth in the fiscal year beginning April 2021 after economic activity showed significant improvement in the last quarter, IHS Markit said on Friday. The National Statistical Organisation (NSO) on Thursday predicted that the economy will contract 7.7 per cent in the current financial year ending in March, the worst performance in four decades.
A look at what the IPL teams and players are doing to support the people of India in this massive battle against the deadly coronavirus.
'Students are taking a keen interest in a hybrid model, where they start classes online and then complete the course on campus.'
Retail investment demand for gold bars and coins as well as central bank purchases pushed the global gold demand by 28 per cent to 1,181.5 tonnes in the September quarter, according to the World Gold Council report. The total global demand stood at 921.9 tonnes during the July-September quarter of 2021, the World Gold Council's 'Gold Demand Trends Q3 2022' showed on Tuesday. Investment was down 47 per cent year-on-year as gold backed Exchange Traded Fund (ETF) investors responded to a challenging combination of higher interest rates and a strong US dollar with significant outflows of 227 tonnes.
Bajaj Finance was the biggest loser in the Sensex pack, tanking up to 8 per cent, followed by Hero MotoCorp, IndusInd Bank, Maruti and HCL Tech. Axis Bank, ITC, NTPC and M&M were among the top gainers.
It seems that in the 2019 general elections, people want Narendra Modi, but not necessarily the Bharatiya Janata Party candidate. Aditi Phadnis reports
'They were certainly not practising Hinduism in the Harappan culture (which includes Mohenjo Daro and other sites).' 'There was no notion of Hinduism then.'
With five titles under his belt, Lakshya Sen was racing towards the top echelons of international badminton before his stunning run was halted by the coronavirus pandemic, which brought all sporting action to a halt across the world. With the world in lockdown to contain the deadly disease, Lakshya too is enduring the uncertain times within the confines of his apartment, near the Prakash Padukone Badminton Academy (PPBA) in Bengaluru.
'Enterprises have become more demanding in terms of their productivity expectation from their employees.'
'Young professionals should be open for jobs in adjacent industries, pick up a contract job to have an opening balance, develop skills in the job in hand, invest in learning and develop cognitive skills and capacities.' 'Spend as per the need only.'
The Singapore Formula One Grand Prix has been cancelled for the second year in a row due to the COVID-19 pandemic.
'Career paths are no longer linear as professionals look to build a more holistic career portfolio that is true to their professional and financial goals.'
International and Indian airlines are refusing to refund cash and giving credit that can be used later.