Just what are Ranbir and Alia doing on the film's sets?
After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
As if wanting to be an antidote to the coronavirus pandemic, the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the world's largest vaccination drive sparking off a world-beating rally on Dalal Street, despite bouts of uneasiness over fizzy valuations. While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards. The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors' wealth, measured as the cumulative value of all listed shares in the country, taking it to nearly Rs 260 lakh crore.
Faster account opening, which allows investors to start trading without ever leaving their homes or visiting a physical branch of their local brokerage has played a role in the surge.
Wipro, which gets bulk of its topline from IT services, said it expects revenues from that business to be in the range of $1,962-2,001 million in the September quarter.
Google has acquired Flutter, a San Francisco-based company founded by two persons of Indian origin - Navneet Dalal and Mehul Nariyawala.
Despite all its drawbacks, I was engrossed in Toofaan and the intensity Rakeysh Omprakash Mehra imbues it with for most part, observes Sukanya Verma.
The two had been accused of making unlawful gains of over 4.94 crore (Rs 49.4 million) by cornering shares of various companies meant for retail individual investors and the penalty is three times of the amount.
"You are not together. Uttar Pradesh is divided and that is why dalals (touts) are running the state," Rahul said, addressing people in this village on the third day of his padayatra to Aligarh.
All Sensex components ended in the red. IndusInd Bank was the top loser, followed by Tata Steel, HDFC, ICICI Bank, Axis Bank, Infosys and ITC. According to traders, volatility heightened in global markets as US Federal Reserve's interest rate cut stoked concerns over an impending economic recession.
'Where do you leave a boy like Hiten, whose parents are not heavyweight politicians? He scores runs and someone's parent just writes a letter that he is fit, doesn't play a match and is in the team'
Sun Pharma was the top loser in the Sensex pack, shedding 2.37 per cent, followed by HCL Tech, Reliance Industries, IndusInd Bank and L&T.
'As long as you are moving, it's all right.' 'You are going to fall, you are going to have to pick yourself up and sometimes, it will hurt.' 'Sometimes, you would just want to lie there and look at the fan.'
Presenting pics from Akash Ambani and Shloka Mehta's grand wedding reception hosted in Mumbai.
'The show's success has only gone on to reinforce my belief that the best way to tell a story is with honesty, love and conviction... easier said than done in our industry!'
'They will not get more than two seats in Haryana if elections are held now.'
Look who made it to the Lakme Fashion Week.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
'Sonam is my lucky charm.' 'Because of her, 2018 went well for me, as I got four big weddings.' 'It started with Sonam's in November, then Deepika Padukone-Ranveer Singh's in December, Kapil Sharma's wedding and then Isha Ambani's wedding.'
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
Judgementall Hai Kya is a wild move but works because of how assured its cast is before and its crew is behind the camera, feels Sukanya Verma.
"They did business of temple, religion and feelings. Now, they want to do the business on hunger," Tikait alleged.
Veteran batsman Wasim Jaffer will lead Mumbai in their four-day Ranji Trophy Group A match against Orissa, at the Wankhede stadium, from December 14, as Abhishek Nayar is injured.
From stars making a comeback to lesser known actresses getting a platform to prove themselves, this medium is probably the best that has happened to actors.
Affluence without conscience, haunted homes and heads, a big fat Punjabi wedding and more on OTT this week. Here are Sukanya Verma's 10 recommendations.
'This fall is nothing. We could see worse if everybody hits the panic button.'
Gandhi's statement sparked controversy across the nation as the Bharatiya Janata Party hit back at Gandhi in equal measure.
Domestic giants Mumbai crashed out of the Syed Mushtaq Ali Trophy after suffering their third straight defeat
Sukanya Verma looks at the recent spate of book-to-screen adaptations.
The Group B match between Delhi and Punjab, beginning in New Delhi on Wednesday, will see Yuvraj Singh playing his first match of the 2018-19 Ranji Trophy.
Love is in the air... and on social media!
Each region in India has its own culinary narrative that speaks through its distinct dishes. Each cuisine packs within itself, textures, layers, ideas and historical nuggets so that all of Indian food cannot be pigeonholed together to say that there is one Indian cuisine. A fascinating extract from Sonal Ved's Whose Samosa Is It Anyway?.
The broader NSE Nifty reclaimed the 11,600 level, zooming 326 points or 2.9 per cent to settle at 11,600.20. Top gainers in the Sensex pack included Bajaj Finance, L&T, Asian Paints, ITC, Axis Bank, Kotak Bank, ICICI Bank, HDFC twins, Maruti and SBI, rallying up to 8.70 per cent.
After the Franklin Templeton episode, investor confidence has been shaken. Known brands have become more relevant to investors, as long as this psychological impact lasts.
'A thief sees a thief in everyone,' he said in an apparent swipe at the prime minister.
While sales momentum from rural areas may last another three to six months, sales growth in urban areas could stage a comeback by next year's June quarter as people learn to live with the coronavirus and economic activity gradually improves in the cities.
Bollywood stars do their part to raise awareness about coronavirus and the need to stay indoors during the lockdown.
Stung by BJP leader L K Advani's comment on "dalal (broker)" in politics, SP leader Amar Singh on Tuesday hit back at the Leader of the Opposition for making a "direct attack" on him.
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