Trinamool Congress, a major constituent of the United Progressive Alliance, on Monday night decided to support the alliance's vice presidential poll candidate Hamid Ansari but oppose any decision to open the multibrand retail to FDI and bills on forward marketing in commodities and privatisation of pension fund in the monsoon session of Parliament.
US-based software solution provider Adobe Systems on Thursday announced the appointment of Naresh Gupta as senior vice-president.
Vice President Hamid Ansari and Prime Minister Manmohan Singh on Monday condoled the death of freedom fighter Captain Lakshmi Sehgal, saying that the nation has lost an icon of selfless service.
Vice President Hamid Ansari has said that it is important to remember that those advocating extremist, fundamentalist and terrorist causes constitute a tiny minority. "They neither have the religious nor political mandate for their abhorrent actions and ideologies," Ansari said.
The 30-share BSE benchmark tanked 535.57 points or 1.13 per cent to close at 46,874.36 on Thursday. It has now lost 2,917.76 points in five days.
Dutta was president of United Airlines, where he worked for nearly twenty years. He also served as the president of Air Sahara for two years. Moreover, he was an advisor to the restructuring of both Air Canada and US Airways.
Adobe has roped in industry veteran Abhay Parasnis to head the firm's technology strategy, particularly its cloud portfolio, reports Ritu Jha.
Investors have lost over Rs 5.55 lakh crore in four days of declines in the domestic equity markets. Rising domestic COVID-19 cases and selling in RIL and banking stocks dragged down the 30-share BSE Sensex by 562.34 points or 1.12 per cent to 49,801.62 on Wednesday. In four days, the benchamark has fallen by 1,477.89 points or 2.88 per cent. The market capitalisation of BSE-listed companies has tanked by Rs 5,55,400.52 crore in four days to reach Rs 2,03,71,252.94 crore.
Investors' wealth jumped over Rs 59.75 lakh crore in the 2021-22 fiscal, helped by a largely buoyant trend in domestic stocks with benchmark index Sensex surging over 18 per cent during the period. Braving many headwinds in the latter part of the current fiscal, Sensex closed the 2021-22 financial year with a gain of 9,059.36 points or 18.29 per cent. Mirroring optimism in equities despite worries related to geopolitical tension, inflation concerns, FII selling, the market capitalisation of BSE-listed firms rallied by Rs 59,75,686.84 crore to Rs 2,64,06,501.38 crore in the entire 2021-22 fiscal.
Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday due to profit booking in banking, financial and IT stocks after a recent rally. The 30-share BSE Sensex plunged 537.22 points or 0.94 per cent to end at 56,819.39 as 24 of its stocks declined. During the day, it tanked 772.57 points or 1.34 per cent to touch a low of 56,584.04. The broader NSE Nifty declined by 162.40 points or 0.94 per cent to 17,038.40 with 39 of its constituents ending in the red. Bajaj Finance was the biggest loser among Sensex stocks, dropping by 7.24 per cent.
On the occasion of first anniversary of his government, Prime Minister Narendra Modi on Tuesday met President Pranab Mukherjee and Vice President Hamid Ansari.
Tarun Katial of Star Network has joined Sony Entertainment Television to oversee the channel's creative content, programming and on-air promotions.
The 30-share BSE Sensex surged by 477.24 points or 0.83 per cent to close at more than one-week high of 57,897.48. As many as 28 of its constituents closed with gains while two declined. The broad-based Nifty of the National Stock Exchange rose by 147.20 points or 0.86 per cent to settle 17,233.45, tracking gains in Sun Pharma, Asian Paints, and Reliance Industries.
Former Prime Minister V P Singh, who formed the first non-Congress coalition government at the Centre dethroning Rajiv Gandhi-led Congress in the 1989 elections, died In New Delhi on Thursday after prolonged illness.
Following his resignation, the second this week, the Congress' strength further slipped to 13, while the opposition has 14 MLAs in the 33-member house which has five vacancies.
The man behind this miraculous growth is 57-year-old VP Nandakumar, the executive chairman of Manappuram Group. He took over the reigns of the shop in 1986 when his father fell ill.
Roy Krishna had a couple of half-chances thereafter but good reflexes from Mirshad Michu in NorthEast goal and Krishna's inefficiency to keep the ball on target kept the score to 1-0.
Equity indices gave up early gains to close in the red for the third session on the trot on Wednesday, weighed by selling in banking and finance counters amid inflationary pressures and persistent foreign fund outflows. A weak rupee and lacklustre global cues also kept buying sentiment in check, traders said. The 30-share BSE Sensex opened on a firm footing but failed to hold on the momentum, finishing 237.44 points or 0.41 per cent lower at 58,338.93. On similar lines, the broader NSE Nifty dipped 54.65 points or 0.31 per cent to close at 17,475.65.
'Last year we sold 18 million phones in India, this year we should do 23-24 million, and next year our target is to hit 40 million.'
In what has now become a routine media query, Indian-American Louisiana Governor Bobby Jindal has once again said he is not going to be the vice presidential candidate with the presumptive Republican nominee Senator John McCain. Despite his daily statements to the contrary, the name of 37-year-old Jindal for the running mate simply does not go away from the radar screen.
Louisiana Governor Bobby Jindal told Fox News on Wednesday he will not run for vice president on the Republican ticket
Tata Steel was the top gainer in the Sensex pack, rallying nearly 4 per cent, followed by Bajaj Finance, M&M, Bajaj Finserv and Reliance Industries. NSE Nifty advanced 33.95 points to a fresh high of 16,563.05.
Tagging a tweet on the organisational changes by the party in Tamil Nadu, Karti Chidambaram tweeted, "These jumbo committees serve no purpose. 32 VP, 57 GS, 104 Secretaries. None will have any authority which means no accountability."
Bajaj Finserv was the top gainer in the Sensex pack, rallying over 9 per cent, followed by Titan, Bajaj Finance, Kotak Bank, Bharti Airtel, Nestle India and NTPC. On the other hand, Reliance Industries, IndusInd Bank, Sun Pharma, Axis Bank, ONGC and HUL were among the laggards.
In his Budget, Jaitley announced a pay hike for the President to Rs 5 lakh per month, Rs 4 lakh for the VP and Rs 3.5 lakh for governors.
The governor of Indiana, who was returning from a campaign event in Iowa, was not hurt in the bumpy landing.
Hockey India secretary general Narinder Batra has been elected to the post of vice president of the Asian Hockey Federation (AHF) at its recent Congress held at Kuala Lumpur.
After filing the nomination paper, the leaders posed for photographs seeking to put up a united face, a day after MPs from AIADMK, MDMK and SP participated in the voting for electing the successor to A P J Abdul Kalam.
Karat had on Thursday said the vice-president should be a person who has an exemplary record in some field and should have the widest acceptance.
Stock market barometers Sensex and Nifty ended marginally higher on Monday as rise in wholesale inflation capped early gains despite a positive trend in global markets. The 30-share index settled 32.02 points or 0.05 per cent higher at 60,718.71 with half of its constituents ending in green. The broad based Nifty edged up 6.70 points or 0.04 per cent to close at 18,109.45.
'When resources are few; when frugality demands repairing a broken thing rather than replacing it with a brand new and expensive option, enterprising commoners in rural and urban India improvise on a daily basis and solve their problems with whatever they have,' observes Shivanand Kanavi.
The country's leading automakers Maruti Suzuki and Hyundai Motor reported a decline in dispatches to dealers in March as shortage of electronic components impacted production. On the other hand, Tata Motors, Skoda and Kia India posted their highest ever monthly wholesales last month. Toyota Kirloskar Motor said its dispatches in March were the highest in the last five years while Mahindra & Mahindra also reported a robust increase in its passenger vehicle dispatches in March.
Prashant Kishor feels that the Congress is a national party that can counter the BJP.
Jeev said Father's Day on Sunday was 'another sad reminder of what I've lost'.
Former Australia Prime Minister John Howard's dream of becoming ICC president in 2012 suffered a jolt on Thursday as Sri Lanka joined Zimbabwe and South Africa in resisting his nomination for the vice-president's post.
Board of Control for Cricket in India Vice President Rajiv Shukla on Friday briefed Finance Minister Pranab Mukherjee on the ongoing Indian Premier League controversy.
Amit Singhal had joined Uber in January as senior vice president of engineering after working for 15 years at Google, where he oversaw the internet giant's search efforts.
Banking and financial stocks got more than their fair share of foreign portfolio investor (FPI) flows in February. Overseas investors pumped in $3.56 billion into domestic equities last month. Of this $1.96 billion went into financial stocks, data analysed by Edelweiss shows. "The sector now has 34.8 per cent of FPI assets, up from 33.8 per cent in January.
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