An accountant at a private cement plant in Uttar Pradesh was shot and injured by unidentified assailants. Police are investigating the attempted murder and the motive remains unknown.
'In a volatile global market, India is pursuing a low-risk, low-return policy, akin to a SIP -- slow, steady investment.' 'Pakistan is following a high-risk, high-return policy.'
West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.
Deep Kamra, the country manager of Dangote Cement -- owned by Nigeria's Dangote Industries Limited -- was attacked on Wednesday in the restive Oromiya region.
In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.
'One good outcome of Operation Sindoor -- perhaps, its best outcome -- could be that India has resumed meaningful contact directly with Pakistan at the military-to-military level,' observes Ambassador M K Bhadrakumar.
Zerodha and True Beacon co-founder Nikhil Kamath, along with Abhijeet Pai, has invested in Omnipresent Robot Tech through their investment arm Gruhas Proptech. This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday. However, the amount invested by Kamath and Pai has not been disclosed.
Titan, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra and Hindustan Unilever Limited were the biggest drags on the Sensex, tumbling up to 5.05 per cent. In contrast, ITC, Dr Reddy's Laboratories, Tech Mahindra and UltraTech Cement were among the gainers.
Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
'I clearly recall how you immediately directed your administration to identify and allocate land, water, and other clearances in the shortest time possible.' 'That was the fastest decision-making process I have ever witnessed.'
Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
'Both the people have a perspective and are people of stature and people of understanding'
Billionaire Gautam Adani-led promoter group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate, and only debt at operating company level remains, Adani Group said seeking to assure investors of its ability to repay debt. Adani Group in a statement termed reports of the group not completing repayment of $2.15 billion share-backed debt "baseless and deliberately mischievous." "Adani has completed full prepayment of margin linked share-backed financing aggregating to $2.15 billion (as was announced on March 12) and all corresponding shares pledged for those facilities have been released," it said.
More shares belonging to companies of the embattled Adani Group have been pledged as security for loans taken by the group's flagship firm, a trustee said. SBICap Trustee in notices to stock exchanges said that a further 0.99 per cent shares in Adani Green Energy Ltd were pledged "for the benefits of the lenders" of Adani Enterprises Ltd. An additional 0.76 per cent shares in Adani Transmission Ltd were also pledged to banks, the trustee said. SBICap, which is a unit of State Bank of India (SBI), however did not give details of the loans taken by Adani Enterprises for which the pledge was created.
Roundup of the Champions League matches played on Wednesday night
Madhya Pradesh Chief Minister Shivraj Singh Chouhan has announced that Hoshangabad city in the state would be renamed as Narmadapuram and a proposal to that effect would be sent to the Centre.
'When we finished the narration, we expected Shah Rukhbhai to say the usual, 'I'll think about it and let you know in two days.' But he jumped up and said, 'I'm doing the film.'
As the farmers prepare to leave their protest sites on Delhi's borders on Saturday after the government repealed the farm laws and acceded to their other demands, many say they will reinstall their tents in their villages as a symbol of their long, arduous struggle.
Eleven things we learnt about Rahul Gandhi's style of functioning from former Union minister Jayanthi Natarajan's November 214 letter to Congress president Sonia Gandhi.
Bangladesh Prime Minister Sheikh Hasina on Saturday said that she would not allow the soil of her country to be used for any kind of extremism and hoped that India would also reciprocate on the matter.
Just 20 years old, Inderlal Kamalsingh Dhurve is a migrant labourer, a part-time farmer, a sole breadwinner and one of four survivors from the group that was mowed down by a goods train near Aurangabad, Maharashtra, 10 days ago, claiming 16 lives.
The Centre has, however, retained its proposal to curb flash strikes as workers in all factories will be required to give employers a strike notice of at least two weeks after the Bill becomes a law.
'While Modi is undoubtedly the star of the show, the online sphere has found in Modi the champion to re-engineer what it means to support the right.'
'Freebies are yet be proven a 'pucca' vote-catcher. But don't say that to KCR because he takes pride in two things: His record of delivery and imagination,' says Shekhar Gupta.
