Sugar prices are hovering near six-year highs, leaving a bad taste in Indian consumers' palates but sweetening the portfolios of investors in related stocks at Dalal Street. Shares of sugar manufacturers such as Piccadily Agro, DCM Shriram, Magadh Sugar, and Bajaj Hindustan have rallied up to a whopping 200 per cent so far in the financial year 2024 (FY24) as deficient monsoon rains in major sugarcane producer states like Maharashtra and Karnataka are expected to lead to a shortfall in sugar output ahead. In comparison, the BSE Sensex has modestly gained 11 per cent during this period.
Rohtash's decision, however, brought to light the differences arisen within the HAWA, which is affiliated to WFI, with its general secretary Rakesh Singh calling the suspension of the district officials as a wrong move.
Malaika Arora and Arjun Kapoor rang in the New Year in Rajasthan and they had Varun Dhawan and his wife Natasha Dalal, Mohit Marwah and his wife Antara and Kunal Rawal and his wife Arpita Mehta for company.
Manish Malhotra turned 56 on December 5 and film folk trooped in to celebrate with him.
IT services company Wipro Ltd on Wednesday reported about a 21 per cent year-on-year fall in its consolidated net profit to Rs 2,563.6 crore for the first quarter ended June 2022. The profit for the period (attributable to the equity holders of the company) stood at Rs 3,242.6 crore in the year-ago period. The net profit was down 20.6 per cent on a year-on-year basis, according to a filing.
The 'Dhawans' were all smiles as they posed for the camera.
Sonam Kapoor took time off from her mommy duties to throw a Diwali party for her friends and colleagues from the film industry.
With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
IndusInd Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by Bharti Airtel, ICICI Bank, Axis Bank, PowerGrid, Tata Steel and HDFC Bank.
Like every year, Sunita and Anil Kapoor organised a Karva Chauth get-together at their home in Mumbai.
A simple recipe made without onion and garlic.
Sukanya Verma covers the whole spectrum for you.
Kiara Advani and Sidharth Malhotra's wedding reception was as star-studded as it can get.
Sidharth Malhotra and Varun Dhawan both dated women from the costume department on My Name is Khan.
There's so much entertainment coming your way this July. From exciting theatre releases to fun OTT watch, there's so much happening.
The prosecution said it was found during their custodial interrogation that the accused were aware of the victim's body being dragged under the wheels.
Sonam-Anand celebrate anniversary...Deepika misses Irrfan...Soha gets ready for Mother's Day.
With markets expected to remain volatile, promoters and lenders exposed to the industrials and materials space can face brunt of the price erosion of the pledged shares.
YouTube sensation Bhuvan Bam has a presence about him, but his character's flare ups do not convince in the least, observes Sukanya Verma.
An NCD's credit rating will tell you whether risk possibility is high or low. Instruments rated below AA are regarded as high-risk.
The rise in India Inc's market value was led by asset-light firms.
It is pouring heavily not only in North India, but at Dalal Street too. However, the latter is seeing a flurry of initial public offers (IPOs). After a busy fortnight that ended on July 7 with seven IPOs - IdeaForge Technology, Cyient DLM, PKH Ventures, Pentagon Rubber, Global Pet Industries, Tridhya Tech, and Synoptics Technologies -- four more IPOs will hit the Street this week, including one mainboard IPO of Utkarsh Small Finance Bank. That apart, India's largest securities' depository National Securities Depository Limited (NSDL) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an IPO.
India's third-largest pharmaceutical company by revenue, Cipla, is up for grabs in a three-way fight between Torrent Pharmaceuticals, Dr Reddy's Laboratories (DRL) and private equity (PE) giant Blackstone. Analysts say it is more likely for a strategic investor like Torrent or DRL to acquire Cipla than a PE firm, which may not derive healthy returns at Cipla's current market price (CMP) after the recent gains.
Varun Dhawan's family and friends return to Mumbai after the wedding.
The court passed the directions while hearing the prosecution's application seeking 14 days' judicial custody of the six accused.
Bambai Meri Jaan features horrific massacres and violence so brutal that it ought not to be seen on a home entertainment platform, warns Deepa Gahlot..
Hours after making the statement, the Haryana agriculture minister said he has seen "twisted" statements, attributed to him, on social media.
The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders' test. Under new rules introduced by the Securities and Exchange Board of India (Sebi), all such arrangements will require shareholders' nod by way of special resolutions. Legal experts say arrangements that are unfair to other public shareholders may not pass the muster.
The fight for freedom was long and hard and that is why it is important to go back to the monuments that celebrate those who fought the good fight.
Kangana Ranaut plays an Air Force pilot in Tejas, joining an increasing list of films and shows centered around women playing significant roles in their careers.
Nita and Mukesh Ambani's youngest son Anant got engaged to Radhika Merchant on January 19, and the occasion called for a celebration on a grand scale.
Rishad Premji, chairman of IT services major Wipro, saw his compensation for FY23 decline by almost 50 per cent year-on-year, due to a fall in the firm's profit. According to the Form 20-F, filed with the US Securities and Exchange Commission by Wipro, Premji's compensation for FY23 was $951,353, down 50 per cent from $1,819,022 in FY22. "Rishad A Premji is entitled to a commission at the rate of 0.35 per cent on incremental consolidated net profits of Wipro Limited over the previous fiscal year. However, in light of the fact that the incremental consolidated net profits for fiscal year 2023 was negative, the Company determined that no commission was payable for fiscal year 2023 to Mr Rishad A. Premji," said the company in the filing.
Varun Dhawan shows off his new film JugJugg Jeeyo to his family and friends from the industry.
The judge noted that according to the Investigating Officer (IO), Khanna had in his statement to the police said that accused Deepak was driving the vehicle.
Thriller, horror, feel-good, rom-com, action, vendetta, biopics -- you name it, you got it on OTT this week.
Macroeconomic data announcements, the Covid situation in China and global market cues would guide Dalal Street in the first week of trading in the New Year, analysts said. Markets would also keep a track on rupee movement, Brent crude oil prices and foreign fund investment trends. "As market players attempt to understand the Fed's stance, Indian markets may respond in lockstep with their international counterparts when the Federal Open Market Committee (FOMC) minutes are made public later this week.
Varun Dhawan is all set to marry long-time girlfriend Natasha Dalal on Sunday, January 24.
Demand among several pre-Budget representation by BSE Brokers' forum
The Adani group will have understood the fragility of investor trust in the group. The group needs to improve transparency including in areas like share-ownership (which they have long and mistakenly believed can be side-stepped) and related-party transactions, among others, Amit Tandon and Hetal Dalal point out.
The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.
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