'Because it is the only public sector company in this sector, currently.'
Automotive (auto) major Mahindra & Mahindra (M&M), which is readying to launch nine sport utility vehicles (internal combustion engine/ICE), seven Born Electric Vehicles (BEVs), and seven light commercial vehicles by 2030, has outlined an investment of Rs 27,000 crore in its auto business between 2024-25 (FY25) and 2026-27 (FY27). Over the next three years, the company will deploy Rs 37,000 crore, including its auto business, farm business (Rs 5,000 crore), and service business (Rs 5,000 crore).
Shuttlers in the singles competition have to be inside top-16 of world rankings to qualify for the Olympics. The cut-off for doubles is also top-16.
Notwithstanding robust volume growth and a strong performance from Jaguar Land Rover (JLR), Tata Motors, the country's second-largest automobile (auto) manufacturer by market capitalisation, disappointed the Street with its January-March quarter (Q4) results for 2023-24 (FY24). While consolidated revenues saw a 13 per cent increase, lower-than-expected realisations in the Indian operations weighed down overall performance.
Hussey felt this certainly was not the best side competing against the hosts.
South Korea will make its Formula One debut in October next year while Canada will return to the calendar subject to contract negotiations, the governing International Automobile Federation (FIA) said on Monday. The season, expanded to a record-equalling 19 races for the first time since 2005, will start at Bahrain's Sakhir circuit on March 14.
Races in New Jersey, Mexico and South Korea were dropped from Formula One's official 2014 calendar on Wednesday, with the season remaining at 19 races instead of a record 22.
India football coach Stephen Constantine has told his bosses to stand up to the dominating television companies if they ever want local football to flourish in the floundering South Asian nation.
Three different invitations were sent out for the wedding and the receptions with top-run guests being sent a large red box that contained an intricate chest incorporating a mini silver temple featuring gold idols of various Hindu deities, including Lord Ganesh, Radha-Krishna, and Goddess Durga.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
England batsman Joe Root will not be available to play in the lucrative Indian Premier League (IPL) this year as he is eager to spend time at home with his newborn son.
India's smartphone shipment grew by 11.5 per cent in the first quarter of calendar year (CY) 2024 on a year-on-year basis to 34 million units. This is the third consecutive quarter of growth in shipments, International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker said.
Test cricket remains the pinnacle of the game, Cricket South Africa (CSA) said after it was criticised for selecting a second-string squad featuring seven debutants for the country's two fixtures in New Zealand next month.
Now that the vaccination drive is in full force and Covid-19 restrictions are easing up, Prime Minister Narendra Modi is expected to follow a busy diplomatic calendar in the coming days.
2023 has been the year of redemption for Virat Kohli, the stalwart Indian batter.
The women's age group showpiece was to be held at five venues in the country --Kolkata, Guwahati, Bhubaneswar, Ahmedabad and Navi Mumbai -- from November 2-21. FIFA Under-17 Women's World Cup was postponed by football's governing body due to the worsening COVID-19 pandemic across the globe.
India has been dropped as previously announced, with hopes for a comeback in 2015, while Austria is due to make a return after an 11-year break with a race at Spielberg on June 22.
A 'hybrid model' to host next year's Champions Trophy in Pakistan remains an option as India's participation cannot be decided by the ICC if there is a government policy against it, a source in the governing body's all-powerful executive board told PTI on Friday.
'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.'
Former New Zealand captain John Wright said that Indian Premier League deserves a window in the international cricket calendar.
Shares of low-cost airline IndiGo hit record high on the bourses soon after reports of pilot crisis at Vistara emerged. The development also saw airfares surge by around 25 per cent on select routes. Shares of IndiGo hit a lifetime high of ~3,68.5 on April 2, 2024, and has gained 2.4 per cent on the bourses in April.
News of all that's transpired on and off the football field
Gold is an excellent asset class for diversification and should be included in all long-term portfolios.
Newly appointed International Cricket Council chief executive officer Haroon Lorgat has hinted that the international cricket calendar may be revised to make room for the cash-rich Indian Premier League (IPL). Lorgat, who will take over from Malcolm Speed as the ICC CEO in July, said it is hard to ignore the league and the game's governing body is more than willing to tinker with the Future Tours Program (FTP) to accommodate it in the international calendar.
The 2017 movie release calendar is out, and filmmakers have picked the major festival/ holiday time to release their films.
'Doubt if we will ever see Indian players in overseas leagues'
Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
Scheduled to be held in Denmark from October 3 to 11, the Thomas and Uber Cup will mark the resumption of international badminton after it was brought to a halt in March because of the dreaded virus.
'As a cricketer, in the last few years, we lost out on a few games which we could have potentially played. Yes, if we could sneak in a few matches, it would be great.'
Former doubles world No. 1 Leander Paes was recently elected to receive the Ultimate Honour in Tennis - induction into the International Tennis Hall of Fame - as the Class of 2024.
The critics might say that Indian Premier League is adding to the players' burden in a packed international calendar but Royal Challengers Bangalore skipper Virat Kohli has countered that claim.
BMW Group India recorded its highest annual sales on the back of strong demand for its top-end ICE (internal combustion engine) and electric vehicles (EVs). The German luxury automaker on Thursday announced that its domestic car sales jumped 18 per cent year-on-year (Y-o-Y) to 14,172 units in calendar year 2023 (CY23). This mirrored a trend in the luxury space, with its peers also reporting record numbers.
'With New Zealand, we have already beaten them recently and we know that there is quite a difference between the two teams. I don't think so it is going to add too much value. But, you have to cramp up the international calendar and, therefore, we are playing'
Stocks of Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL) have more headroom left despite the sharp run in the last few weeks, suggests a recent report from Morgan Stanley. Stocks of these oil refining and marketing companies (OMCs), it believes, are seeing multiples re-rate as investors reassess long-term growth prospects. "IOCL trades at one year forward P/BV of 1.2x, 19 per cent below +1 standard deviation (SD); BPCL trades at one year forward P/BV of 1.5x, near historical averages; HPCL trades at one year forward P/BV of 1.5x, near +1SD," Morgan Stanley said.
'In many ways, cricket is growing and, on the surface, seems financially strong. However, we are increasingly seeing a game which focuses on a powerful few, as opposed to a democratic and inclusive approach for the benefit of the whole sport.'
Kohli said despite defeat, they have got some positives too from the lost series and they can make changes to the playing XI for the third match.
Suryakumar beat the likes of Sam Curran, Pakistan wicketkeeper-batter Mohammad Rizwan and Zimbabwe's batting all-rounder Sikandar Raza for the top honour.
Saying that lack of opportunity to play in the hugely popular IPL is frustrating for England players, wicket-keeper Matt Prior has suggested the English Cricket Board to reschedule its international calendar.
'The BJP is not as mighty a political force in Odisha as it is made out to be.'
