A 52-year-old woman doctor from Mumbai died while trekking to the base camp of Mount Everest in Nepal, a family member said on Sunday.
Cyclone 'Biparjoy', the first storm brewing in the Arabian Sea this year, has rapidly intensified into a severe cyclonic storm, with meteorologists predicting a 'mild' monsoon onset over Kerala and 'weak' progress beyond southern peninsular under its influence.
Game 20 of IPL 2022 will see the Rajasthan Royals take on the Lucknow Super Giants at the Wankhede stadium in Mumbai starting 1930 IST.
Wadia Group-owned Go First Airways' (Go First) insolvency plea could trigger a 'momentum rally' in shares of rival airlines, Interglobe Aviation (parent company of IndiGo) and SpiceJet, as they look to gain bankrupt airline's market share, said analysts. On the bourses, shares of InterGlobe Aviation hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday's intra-day trade, before settling 4.5 per cent higher at Rs 2,164 apiece. Those of SpiceJet and Jet Airways, meanwhile, rallied up to 6 per cent in the intra-day trade, and ended 1 per cent and 5 per cent higher, respectively, following the development, which was announced post market hours on Tuesday.
Bajaj Finance's quarterly business update, coupled with around 24 per cent fall over the past six months, has turned risk-reward favourable for investors, observe analysts. They see up to 39 per cent upside in the stock, from a one-year perspective. Global brokerage CLSA, for instance, has upgraded the stock from 'underperform' to 'outperform' with an increased one-year target price of Rs 6,600 (vs Rs 6,000 earlier) as it believes the risk-reward has turned favourable for the counter, and there is scope for expansion if growth remains robust.
'Because we can control the controllable things, so we just think about that.'
Royal Challengers Bangalore remained rooted at the bottom after five straight defeats in WPL 2023.
Dinesh Karthik suffered a back injury during the side's T20 World Cup match against South Africa in Perth on Sunday
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.
India's largest IT services firm Tata Consultancy Services (TCS) on Friday reported a 5.2 per cent year-on-year rise in consolidated net profit to Rs 9,478 crore for the first quarter ended June 30. The consolidated revenue from operations increased 16.2 per cent year-on-year to Rs 52,758 crore in the first quarter of FY23. TCS has declared an interim dividend of Rs 8 per equity share of Re 1 each.
Kami Rita and his group of 11 Sherpa guides summitted the 8,848.86-metre peak at 6.55 pm (local time).
In a thrilling final, Mumbai Indians handed Delhi Capitals a seven-wicket defeat to win the inaugural edition of the Women's Premier League.
On Tuesday, she had won a silver as part of the 4x400m relay quartet that finished second behind USA with an Asian junior record time of 3:17.76s.
Benchmark indices turned highly volatile in the last hour of trade on Monday, with the Sensex falling 86.61 points after three days of gain amid heavy selling in IT counters and weak trends in global markets. The 30-share BSE benchmark declined 86.61 points or 0.16 per cent to settle at 54,395.23. During the day, it fell by 391.31 points or 0.71 per cent to 54,090.53.
The Mumbai police seized more than 700 kg of mephedrone worth Rs 1,400 crore following a raid at a drug manufacturing unit at Nalasopara in Palghar district, and arrested five persons, officials said on Thursday.
With bilateral cricket remaining suspended between the bitter neighbours, India and Pakistan play each other only in multi-team tournaments with their rivalry now a rare but enticing occasion for fans worldwide.
Smriti Mandhana and Jemimah Rodrigues were among the overseas players retained by their respective franchises
David Miller and Rahul Tewatia then took the team home as the latter hit two consecutive sixes off the last two balls to register a thrilling last-ball victory for Gujarat Titans.
'According to the survey, ideological issues like Article 370 and Ayodhya received only 14 and 12 per cent voter-backing, respectively.' 'It could well imply that hardline Hindutva issues have only that much voter-purchase, compared to Modi's overall popularity of 52 per cent -- putting the man way above the mission,' points out N Sathiya Moorthy.
Coming back after a month-long break from cricket, Kohli scored a 34-ball 35 against the arch-rivals.
The BRO has constructed a 52-km long black-topped road through Umlingla Pass, bettering the previous record of a road in Bolivia connecting to its volcano Uturuncu at 18,953 ft, the ministry's statement noted.
Just because India has outperformed the US markets in a short recent period, it does not mean that this is based on fundamental reasons that are here to stay, points out Debashis Basu.
Strangely, Gill's innings resembled something off a One Day International scorecard rather than a T20 considering its steady pacing, patience and sheer resolve.
Analysts believe that investors should look at stocks that hit 52-week lows only if they have a dividend paying track record, are debt-free and have sound fundamentals.
The earthquake was measured at 5.2 magnitude on the richter scale.
Despite the wobble in the markets over the past few weeks, Indian equities remain expensive as measured by several yardsticks. India's market capitalisation-to-GDP ratio, for instance, has touched a multi-year high. The ratio is currently at 116 per cent, based on the FY22E gross domestic product (GDP) number, above its long-term average of 79 per cent.
A summary of all the action from Day 2 of the Ranji Trophy matches played on Wednesday.
The key risks against a fast recovery would include long delays in business travel resumption, delays in commissioning, etc.
Images from the Asia Cup match played between India and Pakistan in Dubai on Sunday.
Rediff.com's Ashish Narsale handpicks some of the latest gadgets that are immensely useful.
If their performance is any indication, Lucknow Super Giants and Rajasthan Royals could make for a blockbuster Indian Premier League contest on Sunday evening, an iconic venue adding to its charm.
IMAGES from the IPL 2022 game between RCB and Punjab Kings in Navi Mumbai, on Sunday
Investment firm Invesco Developing Markets Fund, the largest shareholder in Zee Entertainment Enterprises, on Thursday said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove managing director and CEO Punit Goenka and two independent directors. The company said it will support the merger of Zee and Sony, contending the "deal in its current form has great potential for Zee shareholders" but added if it is not completed as currently proposed, Invesco retains the right to requisition a fresh EGM. Two days after the Bombay high court ruled that Invesco's call for EGM was legally valid, the investment firm in a statement said, "Since we announced our intention to requisition an EGM and add six independent directors to Zee's Board of Directors, Zee has entered into a merger agreement with Sony.
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.
Andrew Wiggins added 19 points for the Warriors. Jordan Poole contributed 17 while Draymond Green collected 11 points, eight rebounds and six assists.
David Warner (4 off 12), returning to the franchise where he made his IPL debut back in 2009, struggled in his first innings of the season.
With all major US export-oriented drug manufacturing plants in the country up for inspection in 2022, some estimates peg that at least 20-30 per cent of the new product launches lined up for the US will be subject to on-site inspection by the US Food and Drug Administration (USFDA). The last two years saw limited physical inspections due to travel restrictions during the pandemic. "Pre-Covid, the frequency and number of inspections of manufacturing plants in India by USFDA had increased significantly," analysts from ICICI Securities Research noted. "With growing ANDA filings, especially for complex products. "We expect this trend to return with the environment normalising," analysts from ICICI Securities Research noted.
Analysts suggest investors remain in a wait-and-watch mode and not jump in to buy stocks across-the-board.
Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.
Bayern Munich eased past title rivals Borussia Dortmund 3-1 on Saturday to secure their 10th consecutive Bundesliga crown in front of a sold-out home crowd and with three games to spare, while Paris St Germain secured a record-equalling 10th French top flight title after stuttering to a 1-1 home draw by 10-man RC Lens.
