'There's significant interest from both existing and new sponsors who recognise the value of associating with Olympic athletes.'
Many promoters still consider the cash in the company as their money and are averse to sharing this pie with minority investors, points out Akash Prakash.
With Janata Dal-Secular state president H D Kumaraswamy repeatedly attacking him and his son Yathindra, a former Congress MLA, accusing them of a 'cash for transfer' racket, Karnataka Chief Minister Siddaramaiah on Sunday said he will retire from politics, if proved that he has taken money, even in a single transfer case of government officials.
Vodafone plc has made it clear that it will not make any fresh equity infusion in its Indian telecom business--Vodafone Idea Ltd (VIL). Responding to a query, a spokesperson at the UK-headquartered telco said: "Just to confirm our position, there will be no new equity infusion from Vodafone Group." This is the first time that Vodafone has spoken about its stand after the government announced a telecom package.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
The youth brigade, set up in 2002 by Yogi Adityanath who is now Uttar Pradesh chief minister, filed a complaint against Yohannan Adam, the pastor of the church, accusing him of converting Hindus to Christianity, a charge the pastor denied.
Nand Kishore Balmiki, the main accused in the alleged forced conversion of about 100 people in Agra recently, was arrested after he surrendered before the police on Tuesday.
Both sports and digital will drag down the healthy operating margins that entertainment television continues to make.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.
The board of Maruti Suzuki India (MSIL) on Tuesday approved a proposal to issue shares worth Rs 12,841 crore to parent company Suzuki Motor Corporation (SMC) for acquiring Suzuki Motor Gujarat (SMG). The Gujarat manufacturing plant - with an annual capacity of 750,000 units - is owned by SMG, a wholly-owned subsidiary of SMC. The shares issued to SMC will raise its ownership in MSIL from 56.48 per cent to 58.19 per cent--India's largest carmaker stated in a notice to BSE.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
'Higher valuation remains the only spoiler for equities.'
A disappointed Pakistan captain Babar Azam refused to blame the umpires despite being on the wrong side of a DRS review which proved decisive in his team's narrow one-wicket loss to South Africa.
With nothing to lose on the eve of his final international outing, Dean Elgar didn't hold back while expressing his disgust about Cricket South Africa sending a third-string squad to New Zealand under an uncapped captain just because the series is coinciding with the cash-rich SA20.
The 73-year-old leader castigated the judges for legitimising military dictators.
On a daily basis, an average cash logistics company transports Rs 5,000-8,000 crore worth of cash nationwide.
The income tax department on Friday warned against indulging in cash transaction of Rs 2 lakh or more, saying that the receiver of the amount will have to cough up an equal amount as penalty.
The Reserve Bank of India on Thursday decided to keep policy rate unchanged for third time in a row as it maintains heightened vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022.
Showtime is watchable but never engrossing, notes Sukanya Verma.
Anubhav Sinha's latest effort just ends up making actors look silly.
'I just received a 10-second call. 'You will not be retained.' That was all. There was no talk, no explanation as to why they released (me) after a few seasons.'
A purported conversation in an audio tape between Andhra Pradesh Chief Minister Chandrababu Naidu and nominated legislator Elvys Stephenson, aired in a section of local television channels, has given a new twist to the cash-for-votes controversy.
If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.
There was no progress in the formation of a new coalition government in Pakistan on Tuesday as top leaders of the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP) failed to agree on a power-sharing deal in their latest round of talks, indicating deepening fissures in the country's political landscape.
Indian IT services sector's revenue growth will slow down to 3 per cent in the current fiscal from 9.2 per cent in the previous financial year, a domestic ratings company said on Tuesday. Icra Ratings said the profitability will also take a beating in this financial year and the operating profit margin will narrow by up to 1 percentage point to 20-21 per cent. The topline growth will come down to 3-5 per cent in FY24 from the 9.2 per cent posted in FY23, the agency said, attributing the slowdown to softening demand.
'It's an open secret that the UK business is structurally not in a great place.'
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
PVR-Inox is in an inherently fickle business. If there is a string of flops, the box office collections will be weak. Conversely, Q2FY24, which witnessed several hits, has brought about an upside in revenues. However, the merger has led to market share gains and synergies that helped bring breakeven down to approximately 20 per cent occupancy.
The reasons are too private to be discussed at a round table, listed out during a seminar, or uncovered in an academic course. A proud but insomniac connoisseur murmuring in his sleep may do a better job of explaining the phenomenon than an expert on a podium. Sreehari Nair airs his thoughts.
In a fresh twist in the cash-for-votes scam, Andhra Pradesh police on Monday registered a case against Telangana Chief Minister K Chandrasekhar Rao over the alleged illegal tapping of the phones of his Andhra Pradesh counterpart Chandrababu Naidu.
'Are we so ready to believe that in this country whose virtues we constantly shout from the rooftops, there is no single person -- other than Modi -- in a minimum of 272 elected MPs with the talent and ability to lead this country?' asks Prem Panicker.
The Central Bureau of Investigation has taken over the investigation of four distinct cases from the Assam police, all connected with the death of the state police sub-inspector Junmoni Rabha last month in a suspected road accident, according to officials.
Brokerages expect better financials as management is determined to improve profitability.
The Centre recently released the first advance estimates of kharif crops that, barring tur dal, showed a dip in production due to uneven monsoon and other natural calamities including pest attacks in cotton. The first Advance Estimates, released a few weeks back, are usually initial projections on the crop size and, more often than not, are revised as more inputs come from the fields. But, the findings have rung alarm bells in several quarters. The Centre, along with many others, is confident that as more details come, the estimates will be revised upwards.
In the new year be careful online as there are many scamsters lurking in the cloud, warns A Ganesh Nadar after twice escaping being scammed.
The ISI was taking no chances and wanted no repeat of Pulwama; it wanted to make it clear at a political level it was not involved with the revenge attack being planned, but was only giving India a friendly tip-off. A stunning excerpt from Ambassador Ajay Bisaria's Anger Management: The Troubled Diplomatic Relationship between India and Pakistan.
Refusing to respond to questions on the evidence of Canadian allegations, Sullivan said he is not going to speak to either intelligence or law enforcement matters from this podium.
'Markets are not expensive; they are fairly priced.'
