The country's dash to a $3-trillion market cap is more a case of teamwork, than a few members doing most of the heavy lifting. Sample this: The share of top 100 companies to India's total market cap (BSE-listed companies' m-cap) is 67.3 per cent currently, less than what it has been when the nation hit previous milestones, such as $1 trillion, $1.5 trillion in 2007 or $2.5 trillion more recently in December 2020. In 2007, when India's m-cap topped the $1-trillion mark for the first time, the top 100 companies accounted for three-fourths of the total m-cap; at $1.5 trillion, the share was almost 80 per cent.
How did India and Virat Kohli fare in T20Is? Rajneesh Gupta presents all the numbers.
The court directed the Union and the Maha governments to file their affidavits by April 21, pointing out the parameters followed for the regulation and distribution of Remdesivir vials.
Congress leaders are now in a "wait and watch" mode over the possible ripple effect of Punjab developments in faction-ridden Rajasthan and Chhattisgarh, the only two states other than Punjab where the party is in power on its own.
It was a day of mayhem for the main opposition party as S M Qamar Alam, a national general secretary of the RJD, walked to the chamber of Vidhan Parishad Acting chairman Awadhesh Narain Singh along with four others to tender their resignation. The other MLCs who resigned are Sanjay Prasad, Radha Charan Seth, Ranvijay Kumar Singh and Dlip Rai.
Deshmukh's personal secretary Sanjeev Palande and personal assistant Kundan Shinde were arrested by the ED on June 26, after it carried out raids against them and the NCP leader in Mumbai and Nagpur.
India expects 2.16 billion doses of Covid-19 vaccines between August and December, including the jabs that are currently in clinical trials, reports Sohini Das
Eminent Indian-origin academician Srikant Datar has been named as Dean of Harvard Business School, succeeding Nitin Nohria and becoming the second consecutive dean hailing from India to lead the prestigious 112-year-old institution. Datar, an alumnus of University of Bombay and Indian Institute of Management, Ahmedabad, is the Arthur Lowes Dickinson Professor of Business Administration and the senior associate dean for University Affairs at Harvard Business School (HBS). He will assume charge as the school's next dean on January 1, president Larry Bacow said.
Former Aligarh Muslim University student Sharjeel Usmani, accused of hurting religious sentiments with his comments at last week's Elgar Parishad conclave in Pune, will be arrested from whichever state he is in, Maharashtra Home Minister Anil Deshmukh said on Wednesday.
Tamil Nadu Chief Minister M K Stalin's Cabinet, including him, would be 34-member strong and he has retained senior leaders like Duraimurugan and over a dozen shall be ministers for the first time.
Rising commodity costs, coupled with other marketing-related expenses, could weigh on profitability in the coming quarters.
Pfizer sought to participate in the Subject Expert Committee consultations towards an emergency use authorisation for its Covid-19 vaccine. However, the company representatives have been unable to participate in the meetings because of extremely short notices of a few hours or less and time-zone limitations.
An important focus of the dry run will be on management of any possible adverse events following immunisation.
"The Trust chose January 26, 2021 for laying the foundation stone of the Ayodhya mosque as on this day our Constitution came into effect over seven decades ago. Our Constitution is based on pluralism, which is the leitmotif of our mosque project," said Athar Hussain, secretary of the Indo-Islamic Cultural Foundation (IICF).
Tata group companies have outperformed the broader market over the past four years, under the chairmanship of N Chandrasekaran. However, the group's fortunes rely heavily on the performance of Tata Consultancy Services (TCS) now, as compared to the past. The combined market capitalisation of the group's listed companies has nearly doubled in the last four years, against a 77 per cent rally in the benchmark Sensex during the period. The overall market value of 16 key group firms - excluding listed subsidiaries of such entities - stood at Rs 16.8 trillion as of Friday. This was close to 2x the Rs 8.45 trillion as of February 21, 2017 - the day Chandrasekaran took charge as chairman of Tata Sons.
V G Siddhartha's wife has the support of the employees. But the challenges ahead of her are tough.
The COVID-19 case fatality rate has reduced from around 3.33 per cent in mid-June to 2.25 per cent today.
Ahead of the second phase of polls in the state, Banerjee's letter, which was released by the Trinamool Congress on Wednesday, seeks to drum up support from opposition leaders by stating how non-BJP states have suffered due to the saffron party led Centre's actions.
The less charitable in the party say he owes his appointment Sonia Gandhi -- the family wanted someone who wouldn't talk back and would not exert himself too much, notes Aditi Phadnis.
JNPT, the country's largest container port, would soon move into congestion if cargo does not get lifted by importers in the next few days.
In 1970, Bharati, the hereditary head of Edneer Hindu 'Matha' in Kasaragod district of Kerala, had moved the top court challenging the state government's two land reform Acts meant to restrict the management of religious properties. The case had a number of firsts to its credit.
"V G Siddhartha, chairman and managing director of Coffee Day Enterprises Limited is not reachable since yesterday evening. We are taking the help of concerned authorities," Coffee Day Enterprises said in a regulatory filing.
'I'm very proud of having worked with one of the finest minds of India and Indian cinema.'
Earlier, a row erupted after Surya said the court functioned virtually, but asked students to appear for NEET, prompting a Madras high court judge and an advocates associaton to seek contempt action against him, while six former judges took a stand against it.
Inability to take everyone along during his nearly four-year term led to Trivendra Singh Rawat's undoing. He tried to take control of all major departments by holding on to more than 40 of them, but still could not deliver.
US auto major Ford Motor Co on Friday said it and India's Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the December 31, 2020 'longstop' or expiration date of a definitive agreement the organisations entered into in October 2019, Ford Motor Company said in a statement.
The way Dilip came to the porch to receive Lata, you would never have guessed something was amiss between the two. Raju Bharatan's many wonderful insights into Dilip Kumar's life.
Taxmen also claimed that the signature of Siddhartha on the letter being circulated on the social media under his name "does not match" with the record available with the department.
Experts attribute this trend to a combination of end of capital expenditure cycle, increased automation, RIL's preference for time-bound labour contracts, and telecom and retail's outsourced human resource model.
As Dravida Munnetra Kazagham's M Karunanidhi's health worsens with staff from Kauveri Hospital saying that his condition is extremely critical and unstable, supporters have gathered in the hundreds outside the hospital. Here are glimpses from outside the hospital.
'The idea is to have a place where people can come together and bridge the gap. It will be a contemporary design for the future, and not have the shadows of the past' Ritwik Sharma reports.
General T N Raina was an iconic Indian military leader whose contributions to the nation should be more widely known, notes Lieutenant General Syed Ata Hasnain (retd).
"We are waiting for the post-mortem report which will make it clear how the death happened," Patil told reporters at Mangaluru.
Stock market crash: TCS sheds $21 billion in market capitalisation, Infosys $7 billion and Wipro around $3 billion
The navy finds itself fighting for relevance, with navy planners lamenting that its share of the budget has dropped dramatically.
The combined market capitalisation of the top 873 family-owned companies was down 26.3 per cent year-on-year (YoY) to Rs 61.8 trillion at the end of trading on Tuesday. It had grown 6 per cent in FY19 and nearly 20 per cent in FY18.
The contemporary problem with the BJP in Tamil Nadu is that it has been trying hard to package the DMK especially as anti-god and anti-Hinduism, and seeking it to link to Periyar and M Karunanidhi, and by extension to Stalin, the latter's son and successor to the party mantle. Their hope was to consolidate the perceived 'pro-god, pro-religion votes', which they saw returning to the fold post-MGR, post-Jayalalithaa. But no such substantial vote-bank existed even in Periyar's time, says N Sathiya Moorthy.
The bulk of the erosion in terms of value took place in India's most-valued firms. For instance, Mukesh Ambani-led Reliance Industries alone has lost Rs 3.8 trillion in m-cap, followed by HDFC Bank, which has seen its value erode by Rs 2.45 trillion and Tata Consultancy Services (TCS), which has lost Rs 1.85 trillion to stand at Rs 6.24 trillion, making it India's most-valued.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
She also alleged an atmosphere prevailed where opposition parties were also afraid of 'horsetrading, harassment and political vendetta'.
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