'While Indian markets are indeed not inexpensive, the valuations of largecap stocks are still a considerable distance from being overstretched.'
Two days after the termination of the merger agreement by Sony Group, Zee Entertainment on Wednesday hit back by filing a petition before the National Company Law Tribunal (NCLT), seeking a direction to implement the merger scheme. Besides, it has also initiated appropriate legal actions to contest the claims of $90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC), according to a regulatory update by Zee Entertainment Enterprise Ltd (ZEEL).
Airfares have nearly doubled in a matter of days on routes hit by the cancellation of 200 weekly flights linking Mumbai airport to 12 cities. The fares have soared as high as 193 per cent following a recent government order to cancel flights to ease "persistent congestion" that was causing delays. Aside from the reduction in flights on 12 routes, two destinations - Hubli and Jabalpur - have lost connectivity with Mumbai since last week, according to aviation analytics firm Cirium's data reviewed
The Mahagathbandhan's seat-sharing announcement comes a day after the filing of nomination papers for the first phase of Lok Sabha polls was over.
'The vision now is not just to look at national highways as a number of kilometres, but quality as well.'
Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week, analysts said. It will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya. Equity markets would also remain closed on Friday for Republic Day.
'It's dull because this time the election is spread over such a long period.'
"Babies separated from their mothers were brutally taken hostage. These are war crimes, blatant documented war crimes but tragically the abomination doesn't end here. Hamas terrorists happened upon an outdoor party of young Israelis celebrating the holiday weekend," he said.
'If people don't see you, they might be hesitant, but once they see you, they are confident that this is the person they will vote for,' says political debutant Shambhavi Choudhury, 25, alumnus of the Lady Sriram College and the Delhi School of Economics.
Nikhil Anand, senior vice president, operations, at NLB Services explains why professionals who are adept at data, cloud computing and cybersecurity will earn well in 2024.
Investors are reluctant to take long-term positions this year after the spectacular gains in 2023. The delivery-based trades on the National Stock Exchange (NSE) have declined to below 36 per cent this year from an average of 38.1 per cent in 2023. Investors tend to seek delivery for stocks where they see a long-term investment opportunity or tactical positional trade.
Former Lok Janshakti Party president Chirag Paswan on Sunday asserted that every party wants him to be on its side, indicating he could tilt towards the one that offered a better bargain.
Protein, calcium, vitamin D and other micronutrients play crucial roles in maintaining the health of bones and joints and should be incorporated into your diet, says Dr Sagar Hingrajiya, consultant orthopaedics, Bhailal Amin General Hospital.
"The Union and the state governments must ensure that manual scavenging is completely eradicated," the bench said.
North India is convulsed with spiritual excitement over the pran pratishta at the Ram temple. But what do folks in Tamil Nadu think about the events in Ayodhya?
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
JD-U chief whip Shravan Kumar said those defying the whip "will lose their membership" even as he maintained that it was a "routine exercise that takes place ahead of every assembly session".
Foreign portfolio investors (FPIs) sold shares worth Rs 20,170 crore ($2.4 billion) recently. This marked the fifth-highest weekly outflow from overseas funds since the beginning of 2008 and the largest since the last week of March 2020. Due to the Covid scare, FPIs had sold shares worth Rs 21,951 crore during that week, causing the market to decline by nearly 20 per cent.
If the BJP gets only 200 seats and wants to remain in power, Modi will have to make way -- either for a proxy of his choice, or for an internal rival, predicts Nilanjan Mukhopadhyay.
The Federal Retirement Thrift Investment Board's (FRTIB), one of the US government's main retirement funds, decision to change the benchmark index for gaining international exposure will channel $3.6 billion (Rs 30,000 crore) inflows into domestic equities. India has a weightage of 5.3 per cent, seventh-most in the new MSCI ACWI IMI ex USA ex China ex Hong Index, which FRTIB now plans to use. India isn't part of the current developed markets-dominated MSCI EAFE index that the pension fund uses.
AB de Villiers revealed that his young son accidentally kicked him in the eye, leading to a decline in vision.
Virender Sehwag feels it's too early to compare the young India opener with the icons of the game.
Last week's releases Farrey and Starfish have not done well at the box office.
As per the details, the hostages include 13 Israeli citizens and four Thais, reported The Times of Israel on Sunday.
A senior member of Hamas hailed the attack it carried out in Israel on October 7 and stressed that if given a chance, the terror group will repeat similar assaults many times in the future until Israel is exterminated, reported The Times of Israel.
The governor of a state has to act on the recommendation of the council of ministers, the Supreme Court said on Friday while dismissing an appeal challenging the decision of the Madras high court refusing to consider a petition against the continuance of V Senthil Balaji as a minister in the Tamil Nadu government despite his arrest.
The Bill allows stopping of transmission and intercepting messages in case of public emergency, in the interest of the public, to prevent incitement for committing offence.
However, there is no restriction on the movement of people anywhere in the valley, the officials said.
This may be in line with Russia's private military company, Wagner Group, which was controlled until 2023 by Yevgeny Prigozhin, a former close ally of Russia's president Vladimir Putin. The group used the infrastructure of the Russian Armed Forces.
'In the BJP I realised they are a different people with different mindset. They had a different ideology which was more rigid, and somewhere I was not comfortable.'
The yatra, which is scheduled to begin on January 14, will cover 6,713 kilometres and the participants will travel on buses and foot.
The resolution, moved by Chief Minister Bhupendra Patel, was passed unanimously as besides the BJP MLAs, members of the Opposition Congress as well as the Aam Aadmi Party extended their support to it.
'Clients deemed higher-risk are required to update their KYC more frequently.'
Union Minister of State for Information Technology Rajeev Chandrasekhar has rebutted The Washington Post report on the Indian government allegedly targeting Apple after the company warned independent Indian journalists and opposition party politicians that government hackers may have tried to break into their iPhones and called it 'half facts, fully embellished'.
South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.
As we celebrate women achievers who are excelling in their careers, here are incredible tales of hard work and perseverance to inspire you this week.
The students -- Hisham Awartani, Tahseen Ahmed and Kinnan Abdalhamid -- were walking on Prospect Street after visiting a relative in Burlington for the Thanksgiving holiday when "they were confronted by a white man with a handgun."
Are you looking to transform your health game? Dr Chetan Savaliya, director, Satvam Nutrition, has some tips for you.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
Air India has ordered 470 aircraft to serve the Indian economy and is set to receive a new aircraft every six days over the next 18 months, CEO and MD Campbell Wilson said on Friday. He was speaking at the 67th Assembly of Presidents of the Association of Asia Pacific Airlines here. "We have new aircraft, we are recruiting many, many new crew and staff, improving the training regime and there is more work to do and we are making good progress," he said.
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