Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
Maidaan draws out more yawns than yays, observes Sukanya Verma.
Twelve constituencies of Bastar division were among 20 assembly segments in Chhattisgarh that went to the polls in the first phase on November 7. A high voter turnout of 78 per cent was recorded in these 20 seats.
Dramatic visuals showed fidgety people inside the cable cars that hung in air against the backdrop of a rocky hill cliff that overlooked a densely-forested valley.
'The future of BRICS is under stress as Chinese attempts to expand the platform are being resisted by India and Brazil.' 'Beijing is focused on a quick expansion with the aim of giving the platform a distinctly anti-Western orientation, which New Delhi and Brasilia seem to have no interest in,' notes Harsh V Pant.
Among the Indian carriers, Air India, Air India Express, IndiGo, and SpiceJet operate flights to Saudi Arabia while Saudi Arabian Airlines and Flynas are the two carriers operating in India.
Godrej Consumer Products (GCPL) reported 6 per cent year-on-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to Rs 3,385 crore and this was impacted adversely by currency movement. The constant currency (CC) growth would have been 30 per cent Y-o-Y in Q4FY24. India business clocked 12 per cent Y-o-Y revenue growth (5 per cent of it organic) with volume growth of 15 per cent Y-o-Y (7 per cent organic).
The launch of this train heralds a new era of high speed rail travel in India.
The marathon polling process to elect the 18th Lok Sabha ended on Saturday with the seventh phase of elections witnessing an approximate voter turnout of 62.36 per cent, amid clashes between Trinamool Congress and Bharatiya Janata Party supporters in Sandeshkhali and some other parts of West Bengal.
The four astronauts are -- Prashanth Balakrishnan Nair, Angad Prathap, Ajit Krishnan, and Shubhanshu Shukla -- Modi said at the Vikram Sarabhai Space Centre (VSSC) at Thumba near the Kerala state capital.
Union Minister for Civil Aviation, Hardeep Singh Puri tweeted, "Way to go girls! Professional, qualified & confident, the all women cockpit crew takes off from San Francisco to Bengaluru on @airindiain's flight to fly over the North Pole.Our Nari Shakti achieves a historic first."
About 400 activists were said to have taken part in the Bajrang Dal-organised event.
Laapataa Ladies is gentle yet firm in calling out the hypocrisies colouring everyday mindsets and prejudices without acquiring the high-handedness of a crusader, observes Sukanya Verma.
Abhay Pathak, Air India's regional manager, said so far, only one flight to India -- IC 968 Sharjah-Trivandrum-Trichy-Chennai -- has been cancelled.
Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.
Cash-strapped Air India is in the process of finalising appointments to three key managerial positions which would put an extra annual burden of about Rs 3.5 crore (Rs 350 million) annually, sources said.
With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.
The actor told a news channel that she feels proud that people have come out and raised their voice without fear
Sonia aid the Congress has been consistent over the years in its strong belief that both the Palestinians and Israelis have the right to live in a just peace.
External Affairs Minister S Jaishankar on Monday held wide ranging discussions with Iranian counterpart Hossein Amirabdollahian in Tehran and their discussion focused on the long term framework for India's involvement with the strategically vital Chabahar port and the North-South connectivity project.
High drama unfolded at the airport in Thiruvananthapuram on Friday when the pilot of an Abu Dhabi-Kochi Air India flight pressed the hijack button in panic after passengers created a ruckus in the cockpit following diversion of the plane to Thiruvananthapuram
Get ready for a great safari across some of the best national parks in the country, courtesy the Indian Railways.
A total of 168 people, including 107 Indians and 23 Afghan Sikhs and Hindus, were flown from Kabul to the Hindon airbase in a C-17 heavy-lift military transport aircraft of the Indian Air Force (IAF).
On the 25th anniversary of the battle that made his war cry 'Dil Maange More' part of national lore, we republish that feature to salute Captain Batra's ultimate sacrifice for the nation.
Over the years, Khalistani extremists were further "emboldened" and started "operating with impunity" from Canada.
Former MotoGP rider Capirossi pleased with BIC ahead of inaugural race
New Zealand Cricket (NZC) has released veteran opener Martin Guptill from his central contract
The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21. The hotel industry market cap has more than tripled since 2019 on the combination of a strong earnings rebound and positive surprises, as well as three recent listings. The industry has good tailwinds. The anticipation is, demand for rooms will outrun supply for a few years despite capacity expansions.
Chief ministers of Maharashtra, Uttar Pradesh, Kerala, Chhattisgarh, Madhya Pradesh and Delhi are among those who attended the meeting.
The top court also asked the state governments of Punjab and Haryana to pursue the farmers for two weeks not to do stubble burning.
Several politicians, including the former J-K chief ministers Mehbooba Mufti and Omar Abdullah, have condemned the action by police, alleging that it will disaffect the youths with such an extreme punishment.
Former Railway minister Dinesh Trivedi speaks to rediff.com's Vicky Nanjappa about why the Railways is today on the brink of collapse.
Every week, we bring you fascinating videos, chosen by you, through your likes.
In his poll rallies, Modi framed Pitroda's comments in his wider onslaught against the Congress, asserting that they have exposed its hidden agenda and that the party has become so removed from the country's social and family values that it wants to legally rob people of their assets and lifelong savings they want to bequeath to their children.
The families of victims of the Air India Express crash in Mangalore last year are entitled to a minimum compensation of Rs 75 lakh each, the Kerala high court held on Wednesday.
Staffers of the Air Traffic Control made two shocking revelations on day one of the proceedings in the Mangalore air crash case -- the flight did not land on schedule and the radar at the airport was non-functional at the time of the crash.
'It is indeed a fact that several issues were routinely red-flagged by DGCA, and were addressed by the (Kozhikode) airport operator. These pertain to excessive rubber deposits, water stagnation, cracks and other routine issues,' Puri tweeted a day after the plane crash in Kozhikode that claimed at least 18 lives.
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