After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023. Led by Indian companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855 transactions reported in the same period last year, according to the Bloomberg data.
In the first quarter (Q1) of the ongoing financial year ending June 30, Westlife Foodworld, which operates McDonald's outlets in the South and West, reported an 88 per cent drop in net profit. While net sales remained flat, its same-store sales growth (SSSG) fell by 6.7 per cent, impacted by "subdued in-store business, although the off-premise segment saw positive same-store sales", the company said.
Amazon Pay UPI has crossed 100 million customers, with the online platform used mainly for e-commerce transactions, utility bill payments and mobile recharges, the company announced on Monday.
Kurumbur in gold-loving Tamil Nadu was once a thriving centre for goldsmiths. Today their number is down to two.
Considered a neighbourhood specialist, Ravi Sinha has worked extensively in Jammu and Kashmir, the North East and other countries.
As Odisha and West Bengal are bracing for a severe cyclonic storm, governments of both states started evacuating people and while deciding to close educational institutions in vulnerable areas.
A 62-year-old man rammed his car into a crowd of people exercising at a sports centre in Zhuhai, China, killing 35 and injuring 43. The attacker, identified as Fan, was quickly apprehended and is currently receiving medical treatment after attempting self-harm. Police believe Fan's actions were motivated by his dissatisfaction with the property division outcome of his divorce. The incident occurred on Monday evening but was not reported by Chinese media until Tuesday evening. The event has sparked concerns and prompted authorities to strengthen security measures and investigate the incident.
Party sources claimed that many BJP MLAs and MPs are upset over the chosen candidates, with the party symbol withheld on eight seats due to dispute over ticket distribution.
Despite Dharavi being located in the Mumbai North Central constituency and Mahalaxmi Racecourse in South Mumbai, the issues have caught the attention of all parties and their candidates.
The Hyundai Venue car had five occupants, four of them students of Delhi University colleges, who were returning from a birthday party at a pub in neighbouring Gurugram.
China has long coveted Arunachal Pradesh, which it calls Southern Tibet. But, as Venkataraghavan Subha Srinivasan explains, in 1947, the present state of Arunachal Pradesh constituted the North East Frontier Tract of Assam. When India adopted its Constitution on 26 January 1950, NEFT became 'a separate politico-administrative entity' although it was constitutionally still a part of Assam. Its administration was brought directly under the President of India with the Governor of Assam acting as his agent. A revealing excerpt from his book The Origin Story of India's States.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
A memorandum to visiting Union Home Minister Amit A Shah, stated: 'Paramilitary forces might have been reluctant to prevent Kuki terrorists from attacking innocent civilians,' the news agency IANS reported.
Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).
Four arterial subways in the north-west part of Mumbai had to be closed for traffic on Tuesday due to heavy rains since the early hours of the day, officials said.
Senior Indian Police Service officer Manoj Kumar Verma was appointed the new Kolkata Police commissioner, replacing Vineet Goyal, on Tuesday, a day after Chief Minister Mamata Banerjee held a meeting with agitating junior doctors and agreed to their demands in a bid to resolve the more than a month-long impasse over the RG Kar hospital incident.
The Global Fund for Women, an international organization committed to defending women's rights globally, has awarded a first grant of $12,000 to the North East Network, which works in India's seven northeastern states.
By the time the enemy aircraft is 50 km away, the Akash-NG's computers have calculated the launch trajectory and impact point and launched the missile.
The government on Monday announced service medals for 954 police personnel of various central and state forces on the eve of Independence Day.
Union Home Minister Amit Shah has convened an all-party meeting on June 24 in New Delhi to discuss the situation in Manipur which has witnessed sporadic violence since May 3.
Key states of Karnataka, Madhya Pradesh, Rajasthan, Chhattisgarh and Telangana would go for polls this year, besides states from the North-East.
While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.
'...to think apna time aa gaya after the 2024 election.'
Lin Laishram has a big personality and an even bigger wardrobe.
At least 34 more deaths were reported from Uttar Pradesh, taking the total toll beyond 200 mark, as cold wave conditions continued unabated in North, East and Central parts of the country, even as temperature soared slightly in some places.
The party is better at winning elections than at governance and it remains intent on pushing ahead with its trademark social and political agenda observes T N Ninan.
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
The weather office has issued a forecast of heavy to very heavy rains at isolated places in several districts of Gujarat over the next one week.
The term of the three assemblies is ending on different dates in March.
This would give BJP the chance to explore Constitutional options for government formation if there is no clear-cut mandate, explains Sheela Bhatt.
NEUFC started the game at a furious pace and only needed nine minutes to come up with the first goal. Ashutosh Mehta found Machado with an accurate cross and the latter hit it first time past a diving Arshdeep Singh.
Asked about the BJP's claim that its performance in southern states will be exemplary, Tharoor said, "The claim of an 'exemplary' performance is yet another product of the BJP's propaganda mill."
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
Sarma claimed there has been a lot of improvement in the neighbouring state in the last month.
'They are attacking my wife; they are attacking our 13-month-old daughter. They are saying that I do drugs.' 'I'm giving an open challenge to Mr Nawab Malik and Ms Sana Malik let's go to the labs and let's do the medical test of our family and your family.'
The accused have been identified as PFI president Parvez and secretary Iliyas
India agreed to give up the Poonch salient as well as Uri. To the north India also proposed to give up land in the Gurez sector giving the entire Neelam/Kinshanganga valley to Pakistan. In return India sought control of the post dominating Kargil town, points out Colonel Anil A Athale (retd).
Prime Minister Modi last week called for optimal grain storage, fire audits and mock drills in hospitals as preparations for the harsh summer forecast by the meteorological department.
Officials said the polling went off peacefully in all segments including special polling stations along the International Border and Line of Control (LoC) with no untoward incident reported from anywhere.
'Secularism is the life of Kerala, and the BJP is trying to poison this atmosphere.'
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