FSN E-Commerce Ventures (Nykaa) hosted its annual investor day recently. The responses were positive from analysts. Although some analysts pared FY25 and FY26 estimates, the bulk continued to issue 'buy' calls after the stock rose 2.5 per cent. The management expects the Beauty & Personal Care (BPC) business to grow at a 25 per cent compound annual growth rate (CAGR) during FY24-28.
The Punjab Assembly on Monday unanimously passed a resolution to not release any water from its share to Haryana, citing the state's water scarcity. The resolution also demanded the reorganization of the Bhakra Beas Management Board (BBMB) and the repeal of the Dam Safety Act of 2021. The decision comes amid a stand-off between the two states over the distribution of water from the Bhakra dam. The resolution was moved by Punjab's Water Resources Minister Barinder Kumar Goyal, who accused the BJP of trying to take away Punjab's water rights. The resolution was supported by all parties, including the opposition, which termed the Dam Safety Act of 2021 as an "attack" on the rights of Punjab. The resolution also criticized the BBMB, calling it a "puppet" of the BJP-led central government. The Punjab government maintains that the state does not have surplus water to spare and needs it for the upcoming paddy sowing season. The resolution has triggered strong reactions from the BJP, which has accused the Punjab government of politicising the issue.
The Maharashtra government has ordered a probe into the death of a pregnant woman after a hospital in Pune allegedly denied her admission due to non-payment of Rs 10 lakh as advance deposit. The woman, Tanisha Bhise, died after giving birth to twin girls at another hospital. The incident sparked protests outside the Deenanath Mangeshkar Hospital, with opposition parties alleging negligence and demanding action against the hospital.
Congress leader Rahul Gandhi on Sunday asserted that the party's Kerala leaders 'stand as one' and were 'united' by the light of purpose ahead.
'It could take the form of sporadic LoC violation through heavy artillery and mortar fire, focusing on border villages where the Hindu Dogra population is predominant.'
Tahawwur Rana, accused in the 2008 Mumbai terror attacks, has renewed his plea for a stay on his extradition to India, citing health concerns and alleging potential torture. He argues that his extradition would violate US law and the UN Convention Against Torture. Rana's lawyers claim he is at risk of being subjected to torture in Indian detention facilities due to his Pakistani origin, Muslim religion, and medical conditions. The US Supreme Court had previously denied his emergency bid for a stay, but he has now appealed to Chief Justice John Roberts. The US government has declined to provide information on any commitment from India regarding Rana's treatment, further fueling his concerns.
Tahawwur Rana, accused in the 2008 Mumbai terror attacks, has renewed his application to the US Supreme Court seeking a stay of his extradition to India. The Supreme Court will hear the application next month. Rana, currently detained in Los Angeles, claims his extradition would violate US law and expose him to torture in India due to his health and Muslim background. The US government has denied these claims and authorized his surrender to India, citing the Extradition Treaty between the two countries. The Supreme Court's decision will determine if Rana will face justice in India or remain in the United States.
Mumbai terror attack accused Tahawwur Rana has moved an 'emergency application' with the United States Supreme Court against his extradition to India, claiming that he will be tortured there since he is a Muslim of Pakistani origin.
'Putin dreams about his legacy. He wants to forcibly restore the Russian empire.' 'Unfortunately, after three years of large-scale war with massive human losses, Putin will not budge from his goal because human life is the cheapest resource in the Russian State.'
After Chennai, it is Coimbatore, Madurai, and Tiruchirappalli, that are emerging as manufacturing hubs. Coimbatore is India's top Tier-II city in terms of the number of GCCs, according to a report by Cushman & Wakefield.
Indo-Canadian Anita Anand and Delhi-born Kamal Khera are part of new Canadian Prime Minister Mark Carney's cabinet. Anand is the Minister of Innovation, Science and Industry while Khera is Minister of Health. Carney's cabinet with 13 men and 11 women is smaller than Trudeau's 37-member team.
Williams' father, originally from Jhulasan, migrated to the United States in 1957.
This Women's Day week, we salute India's first female doctor, Anandibai Gopal Joshi. Her achievement opened the gates of freedom and liberty for India's women.
Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.
Samajwadi Party MLA Abu Asim Azmi was on Wednesday suspended from the Maharashtra legislative assembly till the ongoing budget session ends on March 26, over his remarks eulogizing Mughal emperor Aurangzeb.
From premium electric motorcycles to mass-market scooters, manufacturers are rapidly expanding their portfolios to capture a larger share of the booming market.
Residents of NASA astronaut Sunita Williams' ancestral village in Gujarat are celebrating her safe return to Earth with Diwali-like festivities. The village, Jhulasan, is alive with excitement and prayers for Williams' safe return after a nine-month stay at the International Space Station. A grand procession will be held in her honour, accompanied by prayer chanting and fireworks.
The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.
'It is ensured that no adversaries or people who oppose Tahawwur Rana's philosophy are housed in the same ward or jail.' 'Additionally, it is ensured that he does not have any prior contacts within that jail.' 'So, the lodgment of such a high-profile prisoner is done very carefully.'
After United States President Donald Trump again raised the issue of alleged US funding of $21 million for voter turnout in India and 'kickbacks', the Bharatiya Janata Party has alleged that the money was used to sustain 'deep state assets' in India and demanded a probe into the matter.
The Supreme Court of India has expressed concern over the erosion of the family institution, stating that people in India, while valuing the concept of 'vasudhaiva kutumbakam' (the world is one family), are failing to maintain unity even within their immediate families. This observation came in a case involving a dispute between a mother and her eldest son over property and family relations.
US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."
Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.
A round-up of Saturday's action in the Premier League.
The number of suspected GBS cases went up to 192 after eight more infections were recorded. The tally of confirmed cases stood on 167, while 21 patients were on ventilator support, as per authorities.
Eighteen people were killed and five others injured after a firecracker warehouse exploded and collapsed in Gujarat's Banaskantha district on Tuesday. The incident occurred in an industrial area near Deesa town around 9:45 a.m., killing workers from Madhya Pradesh and their family members. The warehouse was used to store firecrackers, but there is no evidence that firecrackers were being manufactured there. The Gujarat government has announced financial assistance for the victims' families.
'Pakistan's only concern has been while they were on the FATF watch list was to distance their State institutions and organs from any direct connection with the actual execution of militancy inside Kashmir.'
'Aamir is really competitive. I feel that also keeps him young.'
The mortality-to-incidence ratio for India was 64.47 per cent in 2022, the highest while comparing the top 10 countries with the highest number of cancer incidences.
'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'
'If the Bill and Melinda Gates Foundation cuts funds, there could be more impact.'
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
A heated debate erupted in the Rajya Sabha over the ongoing strike by ASHA workers in Kerala, with Congress and CPI(M) MPs trading accusations over responsibility for addressing their demands for a higher honorarium and post-retirement benefits. Congress MP Jebi Mather alleged that both the Kerala government and the Union government had ignored the workers' pleas, while CPI(M) MP John Brittas countered by claiming Kerala provides the highest honorarium to ASHA workers. The debate also saw demands for an AIIMS in Kerala and a hike in MBBS seats, as well as concerns over maternal health, elderly care, and mental health in India.
Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25.
Trump has made it clear to Prime Minister Modi that India will not be spared from Washington's reciprocal tariffs and emphasised that "nobody can argue with me" on tariff structure.
US President Donald Trump has shared an AI-generated video on social media depicting a war-torn Gaza transformed into a luxurious riviera town, featuring himself vacationing with Israeli Prime Minister Benjamin Netanyahu. The video, which has gone viral, has sparked widespread criticism and backlash, with many users expressing their disgust and disappointment. The video, set to a catchy song, showcases a utopian vision of Gaza with luxurious amenities, including SpaceX CEO Elon Musk enjoying meals in the new town, belly dancers, party scenes, and luxurious cars. The video also portrays Trump and Netanyahu enjoying the beach, while children chase after falling dollars. The post has been met with outrage, with many users stating that they voted for Trump to focus on the American economy, not for this type of project. Others criticized the lack of respect and seriousness in the video. Trump recently announced that the US will take over the Gaza Strip, own it, and undertake economic development to create jobs and housing. He envisions a diverse population, including Palestinians, living in the rebuilt Gaza Strip, which has been met with rejection from key Arab allies like Egypt, Jordan, and Saudi Arabia.
Mumbai has reported its first case of Guillain-Barr Syndrome (GBS), a rare nerve disorder, in a 64-year-old woman. The patient, who resides in Andheri east, was hospitalized with a history of fever and diarrhea followed by ascending paralysis. She is currently undergoing treatment in the Intensive Care Unit (ICU) of a civic-run hospital. GBS is a condition where the immune system attacks the peripheral nerves, resulting in muscle weakness, loss of sensation, and difficulties with swallowing or breathing.
Mumbai reported its first case of GBS on February 7 after a 64-year-old woman, resident of Andheri (East), was diagnosed with the nerve disorder, officials earlier said.
'Currently, EVs are about 30-50 per cent more expensive than ICE vehicles. I believe the inflection point for EVs will come when this price gap narrows to 20-25 per cent. That's when people will start coming in.'
'Parents are forced to provide their children to Russian re-education camps in occupied territories and in different parts of Russia, for example, in Chechnya, where Ukrainian children wearing military uniform are taught to use weapons.'
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