The other bidders included some West Asian and Russian hotel chains.
Textile stocks have exhibited a mixed performance so far this calendar year (CY23), amidst higher domestic cotton prices and tepid global demand. Shares of Page Industries, Dollar Industries, Lux Industries, and VIP Clothing have declined up to 13 per cent so far in CY23, as against a 9 per cent jump in the S&P BSE Sensex. On the contrary, shares of Arvind, Welspun India, Raymond, and Gokaldas Exports have gained up to 51 per cent, during the same period.
Iran's controversial nuclear programme and Syrian crisis dominated the opening day of 16th Summit of Non-Aligned Movement here today, with India calling for 'coordinated global action' to deal with proliferation of weapons of mass destruction and international terrorism.
Net income for the quarter stood at $1.14 billion or 71 cents per share, against $1.43 billion or 89 cents per share, a year ago.
With the West Asian/North African crisis not likely to end soon and investors' appetite increasing for gold, it is expected to touch $1,600 an oz by the year-end.
A summary of sports events and persons who made news on Saturday
This partnership will significantly enhance customer experience and satisfaction through the use of IT, Wipro said in a statement.
Would there have been an incomparable batsman named Sachin Tendulkar had Doordarshan not telecast Guide one summer afternoon? A fascinating excerpt from Abhishek Mukherjee and Joy Bhattacharjya's must-read book, The Great Indian Cricket Circus.
Asian Development Bank to give $300 milion loan to India.
On February 24, when Vladimir Putin announced a military operation on Ukraine, few would have thought that Indian government-owned GAIL India would feel the impact. The tensions over gas supplies were essentially a Europe-Russia problem, related to the sanctions western economies imposed on Moscow. But the EU depends on Russian imports for 40 per cent of its gas stocks, an over-dependence that Russia has underlined with Kremlin-owned Gazprom cutting its supplies through the Nord Stream 1 pipeline to 20 per cent, citing maintenance issues.
'Gorkhas are terrific soldiers. They are known the world over for their fighting qualities.'
Nearly 100 government heads and business leaders from the Middle East region attended the five-day summit, participating in panel discussions on topics as wide-ranging as Sovereign Wealth Fund management to sustainable development.
While domestic market growth is important, the sales trajectory in the international markets, which account for 45 per cent of the revenues, will be a key rerating trigger, say analysts.
Pranati scored 13.633 in her first vault attempt and 11.766 in her second go for an average of 12.699 at the Arena Birmingham.
Talmiz Ahmad is a former Indian ambassador to Saudi Arabia, Oman and the UAE. In an interview with Aditi Phadnis, he says the disequilibrium in Iraq will continue to prevail. Ahmad also says there are indications that the US is now anxious to avoid intervening militarily in West Asia, and that this is the appropriate moment for Asia to assume responsibility for its own security. Edited excerpts:
The freeway will cover 296.5 km at a budgeted cost of 4.02 billion yuan ($503 million), with the ADB providing a loan of $150 million.
Kozhikode will connect Abu Dhabi, Dubai, Sharjah, Bahrain, Doha, Dammam and Muscat daily; Salalah will be twice a week, Kuwait thrice a week and one weekly service to the city of Al-Ain.
A Lebanese footballer, playing till very recently for I-League club Churchill Brothers, has been implicated in the match-fixing scandal that has rocked the west Asian nation, and the Lebanese FA has informed the AIFF about sanctions imposed on the footballer. Of the 24 players implicated, Akram Moghrabi, who had signed for the Goan club last July on a one-year deal, is one of them.
One of cricket's greatest players passed into the ages on Monday. Rediff.com salutes the legend.
India has gained centre stage in the carriers' plans as it is among the top 20 traffic-generating countries in the world.
The move comes amid expectations that the government would allow foreign airlines to invest directly in Indian carriers.
Professor Lord Kamlesh Patel of Bradford, an OBE and a leading voice on health, social care and community cohesion in the UK, has become the first British Asian to join the England and Wales Cricket Board.
Come December, India may have to re-evaluate purchases of Russian oil if a price cap on crude oil proposed by the US and the European Union (EU) comes into effect. That impacts nearly a quarter of India's oil purchases that come at a discount, helping limit marketing losses for India's state refiners and enabling New Delhi to manage inflation by freezing pump prices of motor fuels. In September, India imported 1 million barrels a day or 24 per cent of its overall imports from Russia, which became the biggest supplier of oil to India.
Babar Azam becomes fastest Asian batter to reach 10,000 international runs
Ouday Abduljaffal turned out to be Syria's saviour as his crucial strike helped the west Asian nation hold Cameroon to a 2-2 draw and stay alive in the Nehru Cup football tournament in New Delhi on Friday.
'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'
The IPL franchises are now expanding their bouquet of teams across leagues in the West Indies, UAE, South Africa and now the US is another untapped market that wasn't explored despite the Asian diaspora craving for some cricket.
While 89 per cent of Indians and 91 per cent of Chinese support foreign trade, the figure is only 59 per cent in the world's largest economy, the US, the Pew Global Attitudes survey of more than 45,000 people in 47 countries has found. While in the two Asian giants the public support for foreign trade has remained almost same since 2002, in America it has seen a sharp decline since 2002, when 78 per cent believed it was having a positive impact.
R Ashwin has urged selectors and team management to show faith in Tilak Varma and include the left-hander in the World Cup squad.
Praggnanandhaa said just talking to the Indian chess wizard (Anand) boosts his confidence.
Russian President Vladimir Putin told a summit of the Shanghai Cooperation Organisation (SCO) on Friday that the group should consider staging its own major sporting competition.
PT Usha set to get elected as IOA chief, first woman occupant of top job
Iraq entered the first Asian Cup football final beating South Korea on penalties.
During his three-day visit, the first by an Indian Naval Chief, Admiral Mehta met top brass of the UAE armed forces and discussed "collaborative cooperation and energy security", officials said on Thursday.
Zimbabwe also maintained their unbeaten run in Group B and progressed to the next stage with an 89 runs victory over Hong Kong.
Kerala Chief Minister VS Achuthanandan in a startling revelation told the media that Inspector General of Police Tomin Thachankery "had made contacts with certain terror suspects while he was in Qatar".
According to the complaint filed by SBI, the account had become non-performing asset on January 27, 2016.
The deadline to file nomination papers for the IOA elections ends on Sunday. According to IOA elections returning officer Umesh Sinha no nomination has been filed for any post so far since the process began on Friday.
'He said, "There was nobody to help me. I came from Kolkata to Mumbai to make a career of my own".' "'I have my own journey, and you need to experience that to value what you will have in the future.".'
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.