You could exit on completion of your set target or on spurt in the stock price.
As the FM said, this is a Budget that lays the foundation for the next 25 years, observes Kumar Mangalam Birla.
Says inordinate delay on this and other issues raised by firm earlier are impacting investor confidence.
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.
CEOs point fingers at rural job guarantee and related govt welfare schemes; say mechanisation an increasingly viable option.
The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.
To say that Nirmalya Kumar has enjoyed a groundbreaking career is to say the very least.
A large part of the current slowdown can be attributed to the execution bottlenecks and falling investor sentiment in the country, says Ajit Ranade, Chief Economist, Aditya Birla Group.
It emerges that Vi has probably offered good data quality despite being short on spectrum and infrastructure due to its stretched finances. Did the two companies that merged face the heat due to price wars? Probably. Did the government's tough stance in demanding its "due" share of telecom revenues hurt the company? Certainly!
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Economist Ajit Ranade chatted with our readers on March 1, and explained how the Budget affects us all.
Like other food and grocery chains, Birla Retail is aggressively pushing its private labels and large packs to woo customers. Besides offering value, private labels push retailers' margins.
Market worth has risen to half that of Airtel and double that of RCom.
The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category
After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
Radhakishan S Damani, investor and promoter of the D-Mart supermarket chain, has broken into the elite club of the top 100 global billionaires. Damani, who grew up in a single-room apartment in Mumbai, is now ranked 98th on the Bloomberg Billionaires Index with $19.2 billion as his net worth. The index is a daily ranking of the world's richest people. The other Indians on the top 100 rich list ahead of Damani are Mukesh Ambani, Gautam Adani, Azim Premji, Shiv Nadar, and Lakshmi Mittal.
The notification allows farmers to directly sell fresh produce to consumers, rather than through agriculture produce marketing committees.
It is not clear whether the drop in offers is a fallout of demonetisation.
M-Cap of top 10 business groups went up by 46% this year.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
Brand name of the proposed bank has to be sent to RBI by July 1.
India's resource-hungry corporations are going aggressive to acquire natural resource assets overseas.
The Central Bureau of Investigation (CBI) has started scrutinising the file received from the Prime Minister's Office on coal block allocation to Hindalco to understand the circumstances on the basis of which the earlier decision to reject the company's application for the same was reversed.
Shree Cement may join race; units in 3 more African countries may be sold.
The government should convert Vodafone Idea's (Vi) debt into equity to avoid a duopoly in the telecom sector, Deutsche Bank Research said in its report on Monday. This, the bank suggested, would be the only viable solution in the backdrop of the Supreme Court dismissing the telecom company's application for recomputation of adjusted gross revenue (AGR) dues.
The recommendation, if implemented, could severely dent coal miners' bottom line.
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
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Reliance, Birla Group, Airtel eye small finance banks.
Nirmalya Kumar, Professor at the London Business School, has been honoured with a fellowship by a leading academic institution here for his contribution to Indian art.
The mining major is selling the company to reduce its debt.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Fund redemption and rising import bills would continue to put pressure on the Indian currency.
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
'Private banks are well-placed to deliver good performance over the next six months.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
With an expanding domestic market, increasing cost and higher attrition rate, outsourcing action is shifting to tier-III and IV cities.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Top HR minds in India, including Santrupt Misra of Aditya Birla Group, Satish Pradhan of Tata Sons, P Dwarakanath of Max India, Aquil Busrai (ex-IBM India) and Price Augustine of Mahindra & Mahindra and Pankaj Bansal of People Strong were among those who brainstormed with Maruti Suzuki India chief operating officer (administration) S Y Siddiqui last week.
With the new entity coming in force, Bharti Airtel will lose the tag of India's biggest telecom service provider to the new entity.
The Novelis acquisition has done quite well for the fortunes of Hindalco.
