Top companies have grabbed a bigger pie of their sectors in the pandemic period, leading to a further rise in market concentration in many industries as measured by the Herfindahl-Hirschman Index (HHI). The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions. A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry's revenue is more evenly divided among many companies
S Somasegar, corporate VP, Microsoft, speaks about Vista and other products that the team at IDC, Hyderabad are working on.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
The central government should provide for free vaccination to all Indian citizens and greatly ramp up RT-PCR testing in both rural and urban areas, a group of former civil servants said on Thursday in an open letter to Prime Minister Narendra Modi.
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
Atanu Biswas explains the economics behind hosting a Games in pandemic times.
The Los Angeles Lakers captured a record-tying 17th NBA Championship on Sunday with a 106-93 victory over the Miami Heat that sealed the best-of-seven title series 4-2, restoring the storied franchise to the top of the basketball world.
Hughes Software Systems Ltd said ip.access, a provider of GSM and GPRS infrastructure, will use its protocol stack software for GPRS, SS7 and voice over pocket networks.
'I have been lucky to be at the right place at the right time, so my life and career have taken a trajectory as the flow goes.'
The 42-metre-high sandstone monument, sometimes compared to the Arc de Triomphe in Paris was laid down by Prince Arthur, the Duke of Connaught.
There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
After monetising Jio Platforms -- which houses the firm's telecom arm and digital ventures, richest Indian Mukesh Ambani is looking to rope in investors in the retail business.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
Stock markets squandered early gains but managed to end in the green on Friday, propped up by heavyweight Reliance Industries which announced another stake sale deal for its digital platform. A strengthening rupee and firm global cues also supported the domestic bourses, traders said.
These cars can change the fortune of automakers.
Jordan is a peaceful country in the troubled Middle East discovers Mridula Dwivedi who travelled there as part of the Indian media contingent to cover the visit of Pope Francis to the Holy Land.
"Nano is like an open canvas for us. We have the option of positioning it on the lines of the (Volkswagen) Beetle or the (BMW) Mini."
The fire at the studio in suburban Kanjurmarg broke out around 8 pm on Saturday. By 10 pm, it was brought under control.
Here we bring you all the sporting action from last week in this stunning photo feature.
20 best show-stopping moments from Lakme Fashion Week through the years.
Promising Indian long jumper Kumaravel Prem Kumar's hopes of qualifying for next month's World Championships virtually ended as his creditable 8.12m effort at a meet at Chula Vista in the United States turned out to be wind-assisted and hence cannot enter record books.
The existing Parliament building will be conserved as it is an archaeological asset of the country.
Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.
Spain and World No 1 Rafael Nadal visited the popular Christ the Redeemer statue in Rio before the Rio Open tennis tournament.
Hatchback and compact sedan to be unveiled at Auto Expo will have new DNA.
Ambani said Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue.
Mumbai, India's financial capital, is set for a mega transformation with a massive patch of land opening up for redevelopment; a new metro railway ready to start services by the year-end; and the country's oldest railway station, the Chhatrapati Shivaji Terminus, going for modernisation with private sector participation. Work on Mumbai's second airport will start from next month, while construction of the sea link connecting central Mumbai to Navi Mumbai has already moved into a fast lane despite Covid-induced lockdowns. Also, a coastal road project, connecting Nariman Point to Worli, is under way and will help decongest the city to quite an extent. Of all these mega infrastructure projects, the one that has a huge potential to change the city's skyline is the Eastern Waterfront project - to be built on the Mumbai Port Trust (MbPT) land.
In an online chat with readers, Rahul Reddy, IIM-Calcutta alumnus and co-founder, VistaMind Education, a CAT training institute, answered questions on how to crack the management entrance examination.
The Tata Bolt is a well packaged hatchback with attractive interiors, space and excellent ride quality.
What India's top restaurants are doing to satisfy your food cravings.
While the investment amount could not be immediately ascertained, a report pegged it at about $2 billion.
Jio Platforms is expected to use its 388 million mobile phone subscribers as the cornerstone of an e-commerce and digital services business to rival Amazon and Walmart's Flipkart.
Join us for a chat with ARKS Srinivas, IIM-Calcutta alumnus and CEO, VistaMind today, October 11 between 4 and 5 pm IST.
The reshuffle had politics at its heart, so the biggest complement of new ministers, both Cabinet rank and below, came from UP, which will see assembly elections in a few months.
A keen interest in our country's history, architecture, culture, and knowledge of a foreign language, can open new vistas for graduates.
Evidently, something has gone awry in India's regional strategies. Yet, one feels tempted to call this India's "BRICS moment". The Durban summit will show how far India is prepared to go in a new direction. MK Bhadrakumar examines
Seven years is a long time for any of Modi's promised actions to show up. If voters are angry and cynical today, it is because the rhetoric stings, argues Ramesh Menon.
