Ratan Tata, Chairman Emeritus of the Tata Group, on Sunday said ace investor Rakesh Jhunjhunwala will always be remembered for his acute understanding of the markets as well as for his jovial personality, kindness, and foresightedness. Jhunjhunwala, often referred to as 'India's Warren Buffett', passed away here Sunday morning due to a cardiac arrest. He was 62. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata conglomerate.
A round-up of Wednesday's action in the UEFA Champions League
'Chasing sectors which have reported strongest earnings is not always the right strategy for outperformance.'
Shares of companies having investments of late billionaire investor Rakesh Jhunjhunwala ended on a mixed note on Tuesday. The 62-year-old investor, who was known as the Big Bull and Warren Buffett of India for his investment acumen, passed away on Sunday. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata group. Titan ended 0.88 pe cent higher at Rs 2,493.65.
There is a buzz in insurance circles that Berkshire Hathaway might have resorted to a back-door entry into India in order to circumvent the caps on foreign direct investment in the insurance industry.
A lot of focus is on how Australia will cope with the dangerous Ravichandran Ashwin on turning tracks in India.
The 78-year-old former Australia skipper, globally known for his intelligent views on the game and straight talk, became part of a distinctive voices team that backgrounded broadcasts of Australian cricket for more than three decades, alongside Richie Benaud, Bill Lawry and Tony Greig.
Sunak, along with his wife Akshata Murty and two daughters, stayed in the flat when he was chancellor to former prime minister Boris Johnson.
Global engineering and product development digital services firm Tata Technologies on Monday said it has been selected by European aerospace major Airbus as a strategic supplier. The company will become an engineering, manufacturing engineering and services strategic supplier (EMES3), Tata Technologies said in a statement. "This is an outcome of an extensive seven month long multi-phased procurement assessment process that covered all Airbus divisions, subsidiaries, and affiliates across engineering, manufacturing engineering, and customer services engineering functions," it added.
The Warren Buffet-backed Chinese electric vehicle manufacturer BYD will be unveiling a Born Electric SUV for the Indian market by the fourth quarter of the current calendar year. The deliveries of the same would begin in January, the company's top official said. This will be the first Born Electric SUV in the mass market. The Born Electric models from Tata Motors and Mahindra and Mahindra would be launched from 2024. BYD has been selling the E6 MPV in the Indian market since 2021.
Known as the Queen of Rock 'n' Roll for her blistering performances and powerfully gritty vocals, Tina Turner died on May 24 after a long illness. She was 83.
Cheteshwar Pujara continued his good form in the English County championship with a second successive hundred for Sussex against Worcestershire but could not prevent his team from being enforced the follow-on.
Former leg-spinner Mushtaq Ahmed wished Khan "a long and healthy life".
The Supreme Court on Tuesday asked the Centre to clarify its stand on whether it wants to go ahead with its curative petition seeking Rs 7,844 crore as additional funds from successor firms of the US-based Union Carbide Corporation (UCC) for giving compensation to victims of the 1984 Bhopal gas tragedy.
IMAGES from Day 1 of the second Test between South Africa and India, in Johannesburg, on Monday.
IMAGES from Day 1 of the 1st Test played between South Africa and India at Centurion on Sunday.
Legendary South Africa batter Hashim Amla says more "collective experience" in the Indian side was one of the key factors in the visiting side's comfortable victory in the series-opener at Centurion.
His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.
The Bermuda Cricket Board has roped in Saurashtra's Niraj Odedra as the national team's head coach on a short term basis with an eye on qualification for the 2024 T20 World Cup in the West Indies and United States.
Congratulations, Jessica and Cash!
IMAGES from Day 4 of the opening Test between South Africa and India, in Centurion, on Wednesday.
All the glamour notwithstanding, investing in airline stocks is a loser's game
Bangladesh left-arm spinner Taijul Islam took 6/135 but the touring side struggled with the bat as they limped to 139 for five at the close on day two of the second and final Test against South Africa on Saturday.
The root of the problem, according to industry officials, is the sudden stoppage of lines of credit to tea plantation companies.
Nearly four decades ago, when Rakesh Jhunjhunwala was a young chartered accountant in training, he was paid a conveyance of Rs 60. Deductions would take away Rs 15 from this princely sum and he was left with Rs 45 by the time the allowance made its way to his hands. He would save as much as he could from this amount, so that he would have a small amount to spend when he met his friends on the weekend at Chicken Centre. This was an eatery popular with the young at the time, perhaps because food and drink were affordable even for those new to the workforce.
'This project that we began 50 years ago with really the most extraordinary collaborators, many of them legends and so many of them that I can't take the time to list them all, but you know them all well.'
Wicketkeeper-batsman Quinton de Kock will be available for the ODI series after his abrupt retirement from Test cricket on Thursday, while all-rounder Dwaine Pretorius earns a recall.
At least five states were hit by unseasonably powerful storms and tornadoes on Friday night, including Arkansas, Illinois, Kentucky, Missouri and Tennessee.
If future episodes are as verbose and unwieldy, it might be difficult to keep from switching channels, points out Deepa Ghalot.
A second-string Indian team will play against Ireland in two T20 Internationals in Malahide on June 26 and June 28.
'He likes to feel the weight, but he likes to close his eyes, and yeah, that's how he does it.'
India coach Rahul Dravid admitted that there is a need to have a conversation with wicketkeeper-batter Rishabh Pant regarding his shot selection.
Kingsley Coman came back to haunt Paris St Germain again as he earned Bayern Munich a 1-0 win in their Champions League last-16 first leg in Paris on Tuesday.
Aseem Chhabra and Sukanya Verma -post their predictions for the major categories.
Mayank Agarwal believes discipline and application were the key elements to India's commanding score of 272 for 3 on Day 1 of the first Test against South Africa on Sunday.
As Sachin turns 50, Rediff brings you 50 fascinating facts about the God of Cricket.
Haley, during remarks at the 2018 Alfred Smith Dinner in New York, mocked the president for getting laughed at the UN General Assembly last month -- a spectacle that both she and the US president said was intentional, New York Daily Times reported.
Australia moved one wicket from victory in the first Test against South Africa on Sunday after Mitchell Starc's swing bowling decimated the hosts' lower order and dampened their hopes of an unlikely recovery.
Elgar expects the players to be up for the fight.
'There is not much we can do as players, but there is that disparity in the number of games. We have to find a way mentally to meet the challenge.'
