Given the recent spate of commercial flops, has Bollywood become immune to star power?
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
'Fox makes films worth millions and millions of dollars. Fudging a few crores doesn't make much difference.'
A new generation of investors has taken to stock trading on mobile phones with a renewed zeal, driven mainly by social changes after the Covid-19 pandemic breakout. The proportion of the cash market turnover ascribed to mobile phones has jumped from 5.3 per cent in June 2019 to 18.7 per cent in June this year, reveals BSE data. The share of mobile trading on the National Stock Exchange (NSE) for June this year stood at 19.5 per cent.
More people working in India's technology industry have lost their jobs in the first six months of 2023 than in the corresponding period in 2022.
'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'
Dealerships, too, are going all out to roll out the red carpet for women.
Known for weighing his options carefully before making any move, Kumar, upon a closer look, comes across as a risk taker who has not shied away from going against the tide.
With the National Democratic Alliance retaining power in Bihar albeit with a narrow three-seat majority, workers from both the Bharatiya Janata Party and the Janata Dal-United celebrated by bursting crackers and distributing sweets.
In the jobs created in 2022, the share of those in the age group 18-25 increased to at least a five-year high of 56 per cent. A Business Standard analysis of the monthly Employees' Provident Fund Organisation (EPFO) payroll data shows in 2018 the share of youths among the new EPFO subscribers was 50.9 per cent. The National Statistical Office is releasing the monthly EPFO payroll data since April 2018 as part of the government's effort to track formal-sector employment by using payrolls as an instrument.
The outperformance of Hyderabad market was essentially due to the substantial increase in pre-committed absorption during this period, while the average deal size here till date increased 28 per cent at 18,400 sft, Cushman mentioned in the report.
A messy masala about an antihero bolstered by tons of whimsy, controversy and high drama, Khalnayak's hype is stuff of history. Sukanya Verma celebrates 30 years of this blockbuster.
The Met office had said Monday that significantly higher-than-normal temperatures may have an adverse impact on wheat and other crops.
After a brief lull during the pandemic, there is a strong revival in luxury car sales, bolstered by more launches across price bands, replacement demand, ban on old diesel vehicles in the NCR, and 'revenge buying'.
According to the apex court, the disclaimer should say that 'there is no authenticated data to back up the suggestion on figure of conversion and the film represents the fictionalised version'.
'Instead of ACs, the government should do something to increase our salary.'
Krithi Krithivasan is the kind of person one might look to when the need is to calm things down and put things back on track.
The BJP, which exit polls predicted would suffer a massive defeat, put up a spirited fight.
The amount of money Indians invested in foreign securities, property, and deposits in 2022 was likely the highest on record. At $2.1 billion, it was the largest spend for any 12-month period according to the Reserve Bank of India's (RBI's) data going back over a decade. The amount spent for each individual segment was also the highest.
If you thought electric scooters have caught the fancy of only people in the metros, think again. According to data from electric two-wheeler maker, Ather Energy, 54 per cent of its sales of scooters, starting from Rs 1.2 lakh, come from Tier 2 and Tier 3 cities. Based on sales per lakh population, the top five cities for the company are Calicut, followed by Kochi, Kolaphur, Trivandrum and Pune.
Speculation are rife that he may seek premature retirement or will be given a new role by the government.
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.
The five-judge constitution bench headed by Chief Justice DY Chandrachud, which heard their contentions at length, told them they will have to justify the procedure adopted for abrogation as the court cannot postulate a situation "where the ends justify the means".
The hiring scenario is for the batch that passes out in 2024. These are graduates who will be impacted, given 2022 graduates are not fully absorbed and 2023 onboarding still incomplete.
Chandna took to Twitter to vent out his anger. He wrote, 'Honourable chief minister, I have a personal request to you. Free me from this cruel ministerial post and give the charge of all my departments to Kuldeep Ranka ji, because anyway, he is the minister of all the departments. Thank you.'
Several party hoppers including Rana Gurmit Singh Sodhi, Fateh Jang Singh Bajwa and Anil Joshi were trailing from their respective constituencies in Punjab, according to poll trends.
In addition to educating Delhiites and holding a joint awareness campaign against cyber frauds, Truecaller will also display official numbers of the Delhi police representatives on the app's government directory services.
The COVID-19 pandemic has pushed demand and clients understand that every work does not have to be done onsite, which is expected to open a lot more offshoring opportunities from large global markets going forward, according to a top Infosys' executive. The Bengaluru-based company, which logged a 23 per cent jump in its December 2021 quarter revenue, also said its portfolio of services and capabilities, especially on cloud and digital, are resonating well with clients and it sees a good pipeline for that. "In the long run, if you see, COVID-19, while it had a huge impact on demand, the entire ability for the supply side to deliver in a remote environment really will shine up, and that has opened up the eyes of many of our clients that every work does not have to be done onsite.
Notwithstanding sharp volatility in March, mutual fund (MF) investors didn't fight shy of investing in riskier small-cap-oriented schemes. Inflows into small-cap funds were not just the highest in absolute terms, they were also the maximum as a proportion of assets under management (AUM) among all market capitalisation (m-cap)-oriented categories. Investors funnelled Rs 2,430 crore down small-cap funds - 1.8 per cent of their AUM of Rs 1.33 trillion.
'Was Salman Khan the only reason for the success of a film?'
Enthused by higher than expected GDP numbers in the fourth quarter of 2022-23, Chief Economic Adviser (CEA) V Anantha Nageswaran on Wednesday said India's economic growth may exceed the initial estimate of 6.5 per cent in the current fiscal and the country can look for another year of solid economic performance.
In addition to the negative sentiment as a consequence of changes announced in the Union Budget 2023-24 concerning tax treatment for debt repayment distribution, concerns about hiring slowdown and its leasing impact, as well as higher interest rates, could blight the sector in the near term.
Nariman Point was ranked 30th on the top 50 rankings for global prime office properties.
Neri Oxman is an award winning architect who combines technology with botany and life.
Companies don't have to be in the field to nudge people to return money they owe lenders.
The wholesale price-based inflation eased to a 29-month low of 1.34 per cent in March on easing prices of manufactured products and fuel items, even though food articles turned expensive.
The top court, however, did not stay at this stage the part of the high court order which had said that central probe agencies could quiz the Trinamool Congress general secretary in connection with these cases and fixed his plea for hearing in July.
'...you start running after the star.' 'If the star says yes to the film, the ecosystem supports it.' 'The biggest cog in the wheel of the ecosystem is the audience and we forget that.'
Continuing their massive selling spree for the ninth consecutive month, foreign investors dumped Indian shares worth Rs 50,203 crore in June -- the highest net outflow in over two years -- amid aggressive rate hike by the US Federal Reserve, elevated inflation and relatively higher valuation of domestic equities. Foreign portfolio investors (FPIs) have now pulled out around Rs 2.2 lakh crore from domestic equities in the first six months of 2022 -- the highest-ever net withdrawal by them. Before that, FPIs withdrew Rs 52,987 crore in the entire 2008, data with depositories showed.
