But the Robert Vadra firm, which held luxury apartments in top DLF projects, sees income and profits dry up since FY11.
Equity markets maintained their winning momentum for the second day in a row on Thursday, with the Sensex surging over 874 points, propelled by index majors Reliance Industries, Infosys and HDFC twins amid a mixed trend in global markets. The BSE benchmark Sensex zoomed 874.18 points or 1.53 per cent to finish at 57,911.68. During the day, it jumped 954.03 points or 1.67 per cent to 57,991.53. The NSE Nifty rallied 256.05 points or 1.49 per cent to 17,392.60.
Missus Jonas decided to take a break with her mummy and picked Valencia in Spain for a quick holiday.
With elections elsewhere in India showing that multi-pronged contests usually work to the BJP's favour, the party can gain if it hangs on stubbornly. In the meantime, any additional support helps. That is why the archbishop's comment attracted political traction in Kerala, observes Shyam G Menon.
Taapsee Pannu will play a cop for the first time in director Arshad Syed's Woh Ladki Hai Kahan.
US President Joe Biden has tested positive for Covid-19 and is experiencing "very mild symptoms", the White House said on Thursday, becoming the second sitting American president to be hit by the virus.
'If you take music away from me, there's nothing else I can do.'
German luxury car manufacturer Audi on Thursday reported 17.8 per cent growth in October sales at 1,002 units.
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
Technology stocks rallied, with the IT index up 2.45 per cent as TCS, Infosys, Wipro and HCL Technologies spurted following favourable rupee movement.
Ramesh alleged that the PM "forced" Defence Minister Rajnath Singh to read a "most wishy-washy" statement in Parliament earlier this week
As govt tries hard to choke the metal import, entry through unofficial channels doubled to 60 tonnes in first 5 months of this financial year
'It has been a wonderful experience since she independently manages the show without much of interference,' says IT professional Baudhayan Lahiri.
'Every day, after 'pack-up', Khansaab and Deepika would come for dance practice and rehearse till around 1-1.30 am.' 'The weather was a challenge because while on screen, it looks warm and sunny, it was actually bitterly cold, with a sharp, stinging wind which had the actors and dancers shivering in their summer clothing.'
Edtech giant Byju's is set to lay off nearly 2,500, or 5 per cent, of its employees as part of an "optimisation" plan. The move by India's most valuable start-up comes amid a funding winter and steep losses. "To avoid redundancies and duplication of roles, and by leveraging technology better, around 5 per cent of Byju's 50,000-strong workforce is expected to be rationalised across product, content, media, and technology teams in a phased manner," said the company in a statement. In June, Byju's laid off about 600 employees at its group companies -WhiteHat Jr and Toppr.
All Sensex components ended on a positive note with IndusInd Bank surging over 22 per cent, followed by Axis Bank, Mahindra and Mahindra, ICICI Bank, HUL, Maruti, HCL Tech and Hero MotoCorp.
A Delhi Police team searched for the murder weapon at a forest in Gurugram using a metal detector on Saturday, but returned empty-handed after one-and-a-half-hours, sources said.
'We are trying to salvage 50-100 million doses of Covishield with the latest drive on booster doses.'
Domestic macroeconomic data, RBI policy and developments related to the Russia-Ukraine war would be major driving factors for the stock market this week, analysts said. Moreover, FPI investment and trends in crude oil would also influence the trading sentiment, they added. "This week, the RBI credit policy will be a critical factor for Indian markets.
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
In this round, the market has won. But it is still for Gautam Adani to decide whether he has lost or not, argues Shekhar Gupta.
Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.
'My children -- Saif, Saba and Soha -- have been located in Mumbai for a while now.' 'In our case, it's the house more than me that keeps the family close.' 'All three of my children love Pataudi; they come to Delhi and head straight there.'
Nine of the top-10 most-valued firms together added Rs 111,012.63 crore in market valuation last week, with Tata Consultancy Services and HDFC Bank emerging as the biggest gainers. Reliance Industries was the only laggard from the top-10 list. The valuation of Tata Consultancy Services jumped Rs 24,635.68 crore to reach Rs 13,82,280.01 crore.
While we adjust to the new normal, bring back the stylish looks from your wardrobe and ace the meetings on Zoom, says Nelson Jaffery.
Like software-as-a-service (SaaS), CaaS has emerged as a well-orchestrated ecosystem for cybercriminals.
All nine Adani stocks saw a rise in their share price in H1FY23, ranging from 6.1% in case of Adani Ports to 102% in case of Adani Power.
A quick look at the Q1FY23 performance of top-tier IT services players shows that they are still far away from getting a grip on managing attrition. Talent retention has eroded not only their margins but also any gains they may have made from rupee depreciation. Despite robust growth numbers and strong deal pipelines, margins for all the players -- TCS, Infosys, HCL Technologies and Wipro -- have continued to shrink at a pace that has had the street surprised.
Investors' wealth has swelled by over Rs 13.16 lakh crore as benchmark indices continued their northward march for the fifth session on the trot on Monday. The 30-share BSE Sensex jumped 935.72 points or 1.68 per cent to settle at 56,486.02 on Monday. In the past five trading sessions, the benchmark has zoomed 3,643.27 points or 6.89 per cent. Propelled by the optimism in equities, the market capitalisation of BSE-listed firms jumped by Rs 13,16,944.74 crore in five trading sessions to Rs 2,54,27,775.78 crore.
Ashish Narsale/Rediff.com tells you what the Oppo Reno 2, Oppo Reno 2Z and Oppo Reno 2F have to offer.
Paytm Travel claims to have a base of around 13 million customers, a threefold increase over the user base in FY17. While significant, it is but a fraction of Paytm's wallet user base of more than 300 million.
The counting was scheduled to start at 5 pm Friday, but it could not be taken up as the Bharatiya Janata Party approached the Election Commission alleging violation of rules by three MLAs of the state's ruling alliance of Maha Vikas Aghadi.
The crux of the UK prime ministerial frontrunner Rishi Sunak's message was around honesty as he clashed with his four remaining rivals in the first televised debate of the race to replace Boris Johnson as the Conservative Party leader.
The third seeded Indian will face the winner of the other semi-final, between Japan's Aya Ohori and China's Wang Zhi Yi, on Sunday.
Adani Wilmar (AWL) joined the elite group of companies with market capitalisation (m-cap) of Rs 1 trillion after the stock of Gautam Adani-led edible oil company hit a new high of Rs 802.80, up 5 per cent on the BSE in Tuesday's trade.
Eight of the top-10 most valued firms together lost Rs 2,21,555.61 crore from their market valuation last week in-line with the weak trend in the broader market, with Infosys and HDFC Bank suffering the biggest hit. The 30-share benchmark index, Sensex, lost 1,141.78 points or 1.95 per cent last week. From the top-10 pack, only Reliance Industries and Adani Green Energy emerged as the gainers.
Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.
'Enterprises have become more demanding in terms of their productivity expectation from their employees.'
India held their nerves in the shootout to emerge winners.
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