With a potential for a 10x growth in pre-tax profit from the business over the next decade, retail including e-commerce will be the next growth engine for Reliance Industries Ltd, Goldman Sachs said in a report. After growing 5x over FY16-FY20, RIL's core retail revenue growth has taken a pause in FY21 (April 2020 to March 2021) due to Covid related macro headwinds including lower footfalls. The oil-to-telecom conglomerate run by billionaire Mukesh Ambani used the period to build strong digital capabilities of the retail business while continuing to expand its physical reach.
The Central Board of Secondary Education (CBSE) on Thursday notified its policy for evaluation of Class 12 students which will be based on a combination of marks scored in classes 10, 11 and pre-board exams and informed the results will be declared by July 31.
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.
The terrorist attack was carried out by ISIS gunmen, General Kenneth Franklin McKenzie, Commander of the United States Central Command, told reporters at a Pentagon news conference on Thursday, hours after the terrorists opened gunfire at American soldiers standing outside the Hamid Karzai International Airport in Kabul.
Batting coach Younis Khan has urged fans to be patient with the new members, saying the youngsters needed at least two-three series to find their feet in international cricket.
is scheduled to host the Twenty20 World Cup in six months' time and Geoff Allardice, the acting chief executive of ICC, feels there is enough time before they need to hit the panic button.
'The personal satisfaction is big because under the circumstances that we played this Roland Garros, even if I played an amazing match this afternoon, the conditions are a little bit not the conditions that I will choose, never, to play an event like this'
Shooter Avani Lekhara crashed out in the qualification round of the mixed 10m Air Rifle Prone SH1 event at the Tokyo Games on Wednesday.
The finance ministry on Saturday asserted that Indian customer deposits in Swiss banks have fallen since 2019, but said it is seeking details from Swiss authorities on the relevant facts along with their view on possible reasons for changes in the funds parked by individuals and entities in 2020. In a statement, the ministry said the deposits have halved but did not give numbers. Quoting data from Switzerland's central bank, PTI had reported on June 17 that funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 13-year high of 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell.
The Aaron Finch-led Australia side has moved to the top of the ICC Men's Cricket World Cup Super League points table following their 2-1 ODI series victory over India.
The scoreline remained 2-2 at the end of full-time and five minutes of added time despite the best effort of both sides to find the elusive winning goal.
Bowling three overs between them at the death, the South Africans kept it tight, giving just 15 runs and taking 2 wickets.
'I thought it was a good score on that pitch and the way we came out and bowled and showed that attitude on the field was very important, it was great team performance.'
A belligerent 56 off 32 balls from debutant Ishan Kishan and an unbeaten 73 from captain Virat Kohli steered India to an easy seven-wicket victory over England in the second Twenty20 International, in Ahmedabad, on Sunday.
Along with the Apple Watch SE, Apple also introduced its new Apple iPad Air and iPad 8th generation at an online event on September 15 at the Steve Jobs Theater at Apple Park.
P V Sindhu beat world No.12 Busanan 21-17, 21-13 in the women's singles opener, while Kidambi Srikanth demolished Sitthikom Thammasin 21-11, 21-11 in 37 minutes in the men's singles.
The Cairo World Cup assumes additional significance given that this will be the final chance for the shooters to qualify for the upcoming Tokyo Olympics
The government on Thursday announced new rules to curb misuse of social media platforms, as it mandated firms to appoint grievance officer, disclose the first originator of the mischievous information and remove, within 24 hours, content depicting nudity or morphed pictures of women.
Compared with the 2016 election, in which Donald Trump received a 13 per cent of the Muslim vote, Trump in 2020 received 4 per cent more support.
England will need their batting unit to fire against India, who are eyeing a 13th consecutive Test series victory on home soil.
Roger Federer saw his men's record haul of 20 Grand Slam singles titles matched by Rafael Nadal on Sunday and the Swiss great was quick to offer his congratulations to the Spaniard.
Roger Federer is practising pain-free after undergoing two knee surgeries this year and says he expects to return to the circuit at the Australian Open in January.
'I will be fine to play the T20Is. I have been working hard to play for my country, happy that I've got the opportunity'
Before the two teams face off in a much-anticipated four-Test series starting on December 17, Australia A are scheduled to play two three-day tour games against India A, which features Test specialists.
'DC changed things around tonight by bowling with pace, taking pace off and varying it nicely, we weren't able to deal with that'
'Physically, he was a strong man, but given to moments of emotional weakness.' 'He had to be put back on the right track by the women in his life.'
Aruna Tanwar enters Taekwondo quarters.
Red Bull's Max Verstappen qualified third, after a power unit scare in the second phase sent mechanics scrambling to fix his car, with AlphaTauri's Pierre Gasly a stunning fourth on the grid.
The Bavarians, unbeaten now in 32 consecutive matches, also won the domestic league and Cup double as well as the Champions League after Flick took over last November. Their last defeat dates back to December, 2019.
The move to declare those who continue to be missing in the flash flood as presumed dead has been initiated to expedite the process of distribution of compensation among the affected families, he said.
Moody's Investors Service on Tuesday slashed India's growth forecast for the current financial year to 9.3 per cent saying that the second wave of coronavirus infections hampers economic recovery and increases risk of longer-term scarring. Moody's, which has a 'Baa3' rating on India with a negative outlook, said obstacles to economic growth, high debt and weak financial system contrain sovereign credit profile. The US-based rating agency had in February forecast a 13.7 per cent economic growth for the current fiscal (April 2021-March 2022).
Bidding for a record-extending ninth Australian Open title, the world number one and double-defending champion remains the runaway favourite at his favourite Grand Slam where he once remarked that he felt touched by the "divine".
Addressing a press conference at a protest site on the Singhu border, they said the "super bandh" made the government open its 'eyes and ears'.
The salient features of the new OTT/social media policy announced by the Information Technology Minister Ravi Shankar Prasad and Information and Broadcasting Minister Prakash Javadekar on February 25, 2021.
For Pakistan, Rauf clinched three wickets while Afridi grabbed two scalps.
Growth has been under pressure since the lockdowns related to Covid-19 started and fresh prescription generations slowed.
Images from the English Premier League matches played on Saturday.
Sukanya Verma presents a DDLJ special quiz to test your knowledge about one of Hindi cinema's most successful films of all time.
Novak Djokovic recovered his poise to win the Rome Masters title and Wilander says Djokovic will use the pain of his US debacle to inflict maximum damage on the Parisian clay.
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