Surprisingly, the Omaxe issue is priced at a discount to its net asset value and a reasonable earnings multiple.
World No 1 Carlos Alcaraz fended off in-form American Tommy Paul to reach the Cincinnati Open quarter-finals on Thursday
Max India Ltd will allot 1 crore (10 million) equity shares of Rs 10 each, representing 29.17 per cent of the share capital, to Parkville Holdings Ltd, a member of the Warburg Pincus Group for a consideration of Rs 200 crore (Rs 2000 million).
Red Bull's double World champion Max Verstappen won the Mexico City Grand Prix on Sunday to set a Formula One record of 14 victories from a single season, as well as the most points scored.
The Maharashtra government has capped the prices of N-95, double and triple layer masks for suppliers and private hospitals in the wake of the Covid-19 pandemic, state health minister Rajesh Tope has said.
Aiden Markram scored a superb century and Sisanda Magala claimed five wickets to lead South Africa to a 146-run win over the Netherlands in a one-day international on Sunday.
Sergio Perez won the Saudi Arabian Grand Prix from pole position in a Red Bull one-two on Sunday with Max Verstappen staying top of the championship after racing from 15th to second.
IMAGES from the Belgian F1 Grand Prix
'I played around 140 matches for RCB, but I received no proper communication from them.'
The BCCI on Friday gave details on Rishabh Pant's condition after the India wicketkeeper was hospitalised following a major car crash in the early hours of Friday morning.
According to the ministry, chemical ethylene glycol was found in a batch of syrup during laboratory tests.
Fernando Alonso will start the Miami Grand Prix on the front row alongside pole sitter Sergio Perez, providing Aston Martin the chance for a win, believes team principal Mike Krack.
The two obvious best choices are to combine OTT viewing time with some good eating, because Joe, Rishi and Co don't have to be the only ones dining well.
Sainz took the first pole position of his Formula One career in a wet qualifying for the British Grand Prix
Authorities got the information about a fire at Antara Care for Seniors at 5.14 am.
Vader is the first electric bike in India to offer 7-inch Android display.
''I don't revisit any of my work once it's complete because I'm very self-critical.' 'I will probably exclaim, "Oh God, such bad acting!"'
The victory moved South Africa, who picked up 10 points, into ninth place in the World Cup Super League which determines the eight automatic qualifiers for the World Cup in India later this year.
Sikandar Raza smashed the fastest ODI hundred by a Zimbabwean as his team pulled off a second big chase in succession for a six-wicket win over the Netherlands in the ICC ODI World Cup Qualifier.
Apple unveiled its highly anticipated iPhone 14 during its 'Far Out' event on Wednesday along with the iPhone 14 Plus variant, the iPhone 14 Pro and Pro Max. This new lineup is inspired by the iPhone 13, with sharp metal edges, rounded corners, a glass back, the recognisable notch at the top of the handset, and a lightning port.
In a medical product alert on Wednesday, the WHO said the 'substandard medical products', manufactured by Marion Biotech, 'are products that fail to meet quality standards or specifications and are therefore out of specification'.
Rishabh's condition remains stable, and he has now been shifted to Max Hospital, Dehradun, where he will undergo MRI scans to ascertain the extent of his injuries and formulate his further course of treatment, as per the BCCI statement shared with the media.
Nagal's court coverage and solid defence in long drawn points was the highlight of his win.
We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.
There were no potholes on the road where cricketer Rishabh Pant's car met with a near-fatal accident, a National Highways Authority of India official said on Monday.
Uttarakhand police said the wicketkeeper-batsman, who was alone in the car when it crashed had lost control of the vehicle after he "dozed off".
The manufacturing licence of Noida-based pharmaceutical firm Marion Biotech has been cancelled by the Uttar Pradesh authorities, according to officials.
India's domestic air passenger traffic nearly doubled to 1.25 crore in January compared to 64.08 lakh recorded in the year-ago period, according to official data released on Monday. In January, IndiGo saw its domestic market share decline for the fifth consecutive month at 54.6 per cent. It carried 68.47 lakh passengers last month.
Caldas, Aikman in fray for Indian head coach's position
Red Bull's Formula One championship leader Max Verstappen won the Hungarian Grand Prix from 10th on the starting grid on Sunday as Ferrari rival Charles Leclerc suffered another strategy nightmare.
Contrary to expectations, the new business premium (NBP) of life insurance companies dropped 12.62 per cent year-on-year (YoY) in March 2023 due to an over 30 per cent drop in Life Insurance Corporation (LIC) of India's premiums, albeit on a high base. Data released by the Life Insurance Council shows the industry racked up NBP of Rs 52,081 crore in March 2023, compared with Rs 59,608.83 crore in the year-ago period. NBP is the premium acquired from new policies in a year. It is the sum of the first-year premium and single premium, reflecting the total premium received from new businesses.
Airbus on Tuesday said it will deliver the first A350 aircraft to Air India by the end of this year and that the deal with the airline also marks the European aviation major's "emphatic return" to the wide-body segment in India, which is the fastest growing aviation market. As it looks to expand the fleet as well as operations, Tata Group-owned Air India on Tuesday announced that it will buy 250 planes from Airbus -- 210 from the A320 neo family and 40 A350. Remi Maillard, president and managing director of Airbus India and South Asia, said the company was very proud that the Tata Group has chosen A350 and A320 planes for Air India, adding that the magnitude of the order shows the appetite for growth in the Indian aviation industry, which is the fastest growing aviation market.
Three Indian carriers -- SpiceJet, Vistara and Air India Express -- have Boeing 737 aircraft in their fleets.
Bopanna and his Dutch partner Matwe Middelkoop, seeded ninth, were stunned by the unseeded Italian pair of Andrea Vavassori and Lorenzo Sonego
A SpiceJet spokesperson said that after take-off from Jeddah, ATC informed the pilots that tyre pieces were found on the runway.
The country's new scheduled airline Akasa Air is "well capitalised" and will allow carrying of domesticated dogs and cats onboard along with passengers from November, according to its senior executives. The airline, which began operations on August 7, also plans to launch international operations in the second half of next year. Akasa Air CEO Vinay Dube said the airline is well capitalised and is not looking to have new investors.
An alternate aircraft of Indian budget carrier SpiceJet flew to Dubai from Karachi's Jinnah International Airport on Tuesday night, ending a wait of nearly 11 hours for 138 passengers who got stranded there after taking off from New Delhi in the morning.
Maya Chemtech India Pvt Ltd supplied propylene glycol used in Marion Biotech's cough syrups that were found to be "not of standard quality", according to the regulator.
Domestic air passenger traffic touched 1.25 crore in January this year, an increase of 96 per cent compared to the year-ago period, according to rating agency Icra. However, it said the traffic remained around 2 per cent lower compared to the pre-Covid levels -- January 2020. The traffic stood at 64 lakh in January last year. Icra is maintaining a negative outlook on the Indian aviation industry, reflecting the view that the financial performance of Indian airlines is likely to remain under pressure in the near term, even though the recovery in domestic passenger traffic has been healthy.
'If Rishabh would also have been there, it would have made a big difference, yes, because of the kind of player he is.'
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