Former Argentina football captain Diego Maradona has paid his respects to his Cuban revolutionary leader Fidel Castro who died on Friday night.
Image of Fidel Castro who is said to be close to death.
'Castro told us: "Give me a thousand Gurkhas and I shall keep my neighbour under control!"' 'We pretended that we did not know which neighbour he meant.'
'He was a very good friend for India. He stood by us through thick and thin.'
Fidelity International, the global mutual fund major managing assets of over $141.5 billion worldwide, on Tuesday said it plans to enter India this year and has appointed three senior executives for the Indian arm.
Fidelity's head of investment strategy defends his lengthy portfolio and explains his approach.
Debt-saddled telecom operator Vodafone Idea Ltd's Rs 18,000 crore follow-on offering (FPO) opened to a modest response on Thursday with just 26 per cent of shares on offer being sought by investors. Of the 1,260 crore shares on offer, 331.24 crore was subscribed on Thursday, according to information on the BSE. Qualified institutional buyers picked up 61 per cent of their 360 crore shares reserved for them while non-institutional investors sought 28 per cent out of 270 crore shares earmarked for them.
The CBI has booked five people for allegedly posing as Microsoft tech support and siphoning off USD 400,000 (Rs 3.37 crore as per current rates) retirement funds of a US citizen, officials said on Friday.
Castro condemned as "equally criminal" the bombing of Nagasaki three days later on August 9, 1945.
Ailing Cuban leader Fidel Castro, who has lived through the tenures of ten American Presidents, says that his health is deteriorating and he may not see the end of Barack Obama's presidency. "I have had the rare privilege of observing events over such a long time. I receive information and meditate calmly on those events. I expect I won't enjoy that privilege in four years when Obama's first presidential term has ended," the 82-year-old Cuban leader wrote in a column.
Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One 97 Communications and Life Insurance Corporation (LIC). One 97 Communications and LIC had raised Rs 8,235 crore and Rs 5,627 crore in the anchor round, respectively.
The Softbank-backed company has set a price band of Rs 72 to Rs 76 per share for the maiden share sale and is expected to test the appetite for new-age loss-making companies.
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
Bowlers with 'X-factor' will hold key in T20 World Cup, says Darren Sammy
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
The share of foreign loans in total Adani group debt portfolio dropped to 61 per cent by September 2023 from 63 per cent as of March 2023, as the group repaid part of its foreign loans and refinanced part of older loans. The share of Indian lenders, on the other hand, rose to 39 per cent in the total debt pie in September 2023 from 37 per cent in March after a report by US-based short seller Hindenburg Research in January last year, which led to volatility in the share prices of group companies. The group's total debt remained static at Rs 2.26 trillion in the same period.
Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country's robust economic fundamentals. Additionally, they injected Rs 4,000 crore in the debt market during the period under review, data with the depositories showed. With expectations of a prolonged decline in US interest rates in 2024, there is an anticipation that FPIs will likely escalate their purchase, particularly in the initial months of the New Year leading up to the general elections, V K Vijayakumar, chief investment strategist at Geojit Financial Services, said.
The cryptocurrency exchanges in India have got a fresh lease of life following the bull run in Bitcoin, which briefly hit a new all-time high of more than $69,000. Siddharth Sogani, managing director of CREBACO, expects the price to cross $1,00,000 by the end of the year. This will see a sharp reversal in the Indian market, which has largely been dormant since the new tax regime was implemented in 2023.
The West Indies bowler was found guilty of using inappropriate language by Match Referee Alan Hurst during the fourth Test against England.
The recovering valuations, will lead to enhanced optimism among investors about funding startups.
Fidelity International, a leading foreign institutional investor, has picked up about 9 per cent in the Multi Commodity Exchange of India Ltd for $49 million.
The court noted that the wife claimed her husband was impotent and compelled him to undergo a potency test which found him fit. Such allegations, it observed, caused mental cruelty to him.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
In a remarkable comeback, foreign portfolio investors (FPIs) have pumped Rs 1.7 lakh crore into the Indian equity markets in 2023, propelled by confidence in the country's robust economic fundamentals amid a challenging global landscape. The year 2023 has witnessed massive investment by FPIs, thanks to the sharp uptick in inflows of Rs 66,134 crore in December. Going forward, FPI flows are expected to be robust.
'I have made a new rule: When I'm having my morning tea, a guy keeps the harmonium on my bed.' 'So while I'm writing what my plan for the day is, that harmonium is in front of me and I do riyaz of 40-50 minutes.'
Learning will become genuinely global as a result of immersive experiences. Edtech advances will increase engagement, enhance knowledge and dissolve geographical barriers, says Anant Bengani, director, Zell Education.
A person may be inclined to look elsewhere for the desired sexual fulfilment if they feel unfulfilled or unsatisfied in this area, warns Sybil Shiddell, country manager India, Gleeden, a discreet extra marital dating Web site.
'I don't think marriages break because of infidelity, they break up because of disrespect.'
'This was a film, a story that had never been told before.'
'Even in his debut series he wasn't afraid to take on the opposition.'
Young left-arm pacer Arshdeep Singh could soon be walking into India's T20 team after consistent performances in the IPL over the last three seasons, said former India coach Ravi Shastri.
For the initial public offering (IPO) of the Life Insurance Corporation of India (LIC), the Centre has shortlisted 50-60 anchor investors, which include BlackRock, Sands Capital, Fidelity Investments, Standard Life, and JP Morgan, and will soon finalise its anchor book. The feedback from anchor investors has led to price discovery in LIC shares, valuing India's largest insurer at around Rs 7 trillion, said an official aware of the development. The "attractive valuation" is seen widening the investor base by providing an opportunity to more of them to participate in the IPO, the official added.
Despite markets turning volatile, share sale activity at India Inc has surged to its highest level in five months. So far in March, promoters, strategic investors and other large shareholders have been able to offload shares worth more than Rs 33,000 crore-the most since November-defying uncertain market conditions. Both the Sensex and the Nifty are on course to post their fourth straight monthly loss amid headwinds, such as interest rate tightening by the US Federal Reserve and the global banking crisis.
An interesting feature about the NFO is that the AMC will absorb all the initial issue expenses; it will not pass on the cost to the investor, which is the standard industry practice. The same will reflect in the investor's return.
Fast bowler Edwards, 39, has been recalled for potentially his first match for West Indies in more than eight years.
In March this year, Worldline India launched Vabox (Voice Alert Box): merchants will now get instant audio alerts on the settlement of UPI (Unified Payments Interface) payments via QR codes in languages of their choice when customers check out. "They needn't worry whether the amount has been credited to their account," says Gulshan Pruthi, the firm's executive vice-president. The French payments giant will roll out 500,000 Vaboxes in the initial phase.
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