First-time buyers of cars and sport utility vehicles (SUVs) have made a comeback, shows last year's data from top passenger vehicle (PV) makers. If the trend persists, it may move the needle on the overall car penetration ratio. India's car penetration ratio is 32 per 1,000 people - one of the lowest, compared to mature car markets like the US and Europe.
For automakers, the festive season is about raking it in through ramped up sales and attractive consumer offers. However, despite the robust demand, what may spoil the party this year is a global shortage of semiconductors.
A round-up of Day 3 of the Ranji Trophy quarterfinal matches played on Tuesday
In a document submitted by Jacob's lawyer to Mumbai police, she claimed that the "toolkit" was being prepared by Extinction Rebellion India volunteers for presenting the whole picture with a simple breakdown for an international audience.
Tigmanshu Dhulia's earthy touches, perverse humour, and queasy depiction of the upscale and underbelly revels in pulpy and devious twists, notes Sukanya Verma.
Supreme Court judge Justice B R Gavai on Tuesday recused himself from hearing a plea filed by former Mumbai police commissioner Param Bir Singh seeking transfer of all inquiries against him to an independent agency outside Maharashtra.
'In the medium to long term mid-caps tend to generate higher returns, albeit with increased volatility.'
Tata group's hospitality firm Indian Hotels Company Ltd (IHCL) on Friday said its 'Taj' brand has been rated as the strongest hotel brand in the world. According to the 'Hotels 50 2021' report by Brand Finance, Taj topped the strongest brands list for having stood resilient in spite of the challenges posed by the pandemic, besides other achievements.
Look who makes up the the guest list.
'There is a lot of interest from potential clients who have remained away from the markets in past years.' 'They are evaluating whether this is a good time to enter, especially since there are very few alternatives to earn meaningful returns.'
'Markets are not prepared for a slowdown as the current expectation is of the continuation in earnings momentum.'
A summary of Thursday's matches in the Vijay Hazare Trophy limited-overs' tournament.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
Ekta Kapoor's telly show passes a milestone.
Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.
Puneet Goenka's ability to stay calm is probably what helped Zee rise from a down-in-the-dumps broadcaster into one of the largest, steadiest and most profitable media companies in India, reports Vanita Kohli-Khandekar.
Reader Puneet Birla has sent us a photograph.
'We are most bullish on all aspects of the financial sector -- private sector banks, even one state-owned bank, insurance, mortgage finance, broking, wealth management, gold finance, etc.'
The Delhi Police will investigate the role of a woman based in the United Kingdom after its probe revealed that she, along with lawyer Nikita Jacob and engineer Shantanu Muluk, allegedly drafted the content of a 'twitter storm' campaign in February in support of the ongoing farmer agitation, officials said on Wednesday.
Singh, who had accused the then Maharashtra home minister Anil Deshmukh of corruption, has alleged frame up in criminal cases.
Time was when you turned on your car's ignition, all that happened was that the mechanical system fired up your engine and made it run. Today, the moment you do so, your stereo system probably lights up, connects to the Bluetooth on your smartphone, and lets you make calls through an audio assistant or play music from your phone, which you can hear on the car's speakers. All these smart features in a car are powered by semiconductors, or chips, as they are commonly called.
Mobility company Ola's chief financial officer Swayam Saurabh and chief operating officer Gaurav Porwal are leaving the company. These developments come at a time when the SoftBank-backed company's core ride-hailing unit is planning to go public and for which it raised $500 million from Warburg Pincus and Temasek in July this year. These investment firms had partnered with the company founder Bhavish Aggarwal for this round.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
'It is less dependent on imported capital.'
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
'A lot of first-time users who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds, and stocks for their long-term goals.'
'The consolidation of the world's fifth-largest economy in the hands of 15-20 corporate giants is a once-in-generation event, which we are focusing on.'
'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'
'A time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months.'
With only a handful of models by a few manufacturers including Tata Nexon, MG ZS, Hyundai Kona, among others, the segment has remained under tapped.
'Waiting for a market correction and optimising entry time in the markets will be akin to missing the woods for the trees.'
Puneet Kaushal from The Deltin, Daman shares two cocktail recipes for summer.
'They can shift to dynamic asset allocation funds to automatically rebalance their equity exposure.'
Markets
'For equities, inflation trending upwards but within the range of expectations can actually be a big positive as it helps earnings and may shift flows from bonds to equities.'
The reduction in value of Chandra's assets comes close on the heels of the group's debt burgeoning to over Rs 12,000 crore, much of which he had raised by pledging his shares to banks and mutual funds in his flagship company ZEEL after many of the groups infrastructure bets did not take off.
Where are these Bollywood folk headed?
Companies are looking to combine risk management with strategy.
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