Welcome to the little slice of heaven called Dawki.
The retail frenzy over initial public offers (IPOs) seen over the past few months is not without reason. Over the past two years, 61 companies have tapped the primary market and raised funds via IPOs. Of these, 24 companies (nearly 39 per cent companies) have more than doubled at the bourses with Happiest Minds, IndiaMart Intermesh, Indian Railway Catering and Tourism Corporation (IRCTC), Affle India and Route Mobile surging 468 per cent to 722 per cent since their listing date till now. Retail participation in the equity market, according to analysts, has just reached an inflection point due to the low interest rate regime amid lack of investment-worthy avenues that can generate a good return for investors.
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
The government is looking to plug loopholes in the Indian customs law provision that allows tax exemptions for gifts up to Rs 5,000 and trade samples up to Rs 10,000 sent to India from abroad.
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
The main sectors that receive the maximum foreign inflows include services, computer software and hardware, telecommunications, trading, construction, automobile, and power.
'Today, there is no easy money to be made after the run-up in equities.'
The weekly service was suspended on August 19 after authorities in PoK did not respond to a call from their Indian counterparts to let a bus get across the LoC.
'Younger investors start their journey with very little capital so they are risking less while they have a lot of time to experiment and learn early on.'
M&M was the top gainer in the Sensex pack, rallying around 7 per cent, followed by Bajaj Finance, Hero MotoCorp, RIL, Titan and Bajaj Auto. On the other hand, ONGC, Tech Mahindra, PowerGrid, Infosys and Kotak Bank were among the laggards.
Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
Last week, govt sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Beijing's growing assertiveness as kingmaker in Kabul has suffered a setback with Washington quietly moving in, observes Ambassador M K Bhadrakumar.
Pakistan's efforts for the peace process in Afghanistan would be remembered for long, he said.
Once the scheme is implemented 70-80 per cent of the freight would move along national highways as against the current 40 per cent, says Highways Minister Nitin Gadkari.
Chinese manufacturers are re-routing their products through the markets of other countries that India has Free Trade Agreements with.
There are as many as nine Hindi movies arriving in theatres in July.
The latest whistle-blower revelations of multiple shenanigans at global ride-hailing app Uber, coming thick and fast after serial exposes of various dodgy practices at Facebook, Apple, Amazon, Netflix, Google in the recent past raises uncomfortable questions about India Inc. If the FAANGs, Twitter and Uber can be guilty of multiple and diverse transgressions what's happening in Indian corporations? It can be nobody's case that India's largely family-owned and - managed private sector is a beacon of transparency or best corporate governance practices, bolstered as it is by an informal omerta among employees, managements and even boards.
The Delhi police had on Saturday increased security arrangements by deploying additional personnel and placing more concrete barriers.
The trilateral alliance between India, Afghanistan and Iran on the strategic Chabahar port is a security threat to Pakistan, defence experts in Islamabad have said and asked the government to use diplomatic manoeuvres to avert falling into an "abyss of isolation".
SP leader Akhilesh Yadav has successfully poached a number of OBC leaders from the ruling party, including Swami Prasad Maurya, in his efforts to broaden his party's social base beyond the traditional Muslim and Yadav votebank to take it on this time round.
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
China will increase its defence spending by "around seven per cent" this year, as it vowed to guard against "outside meddling" in its territorial disputes.
Torrent to buy Ranbaxy's anti-bacterial generic
Each region in India has its own culinary narrative that speaks through its distinct dishes. Each cuisine packs within itself, textures, layers, ideas and historical nuggets so that all of Indian food cannot be pigeonholed together to say that there is one Indian cuisine. A fascinating extract from Sonal Ved's Whose Samosa Is It Anyway?.
Fair trade regulator CCI on Friday ordered a probe against Google for its alleged abuse of dominant position. "In a well-functioning democracy, the critical role played by news media cannot be undermined, and it needs to be ensured that digital gatekeeper firms do not abuse their dominant position to harm the competitive process of determining a fair distribution of revenue amongst all stakeholders," CCI said. It added that the Commission is of prima facie view that Google has violated provisions of Section 4 of the Competition Act, 2002 which pertains to abuse of dominant position.
A total of Rs 52,759 crore has been raised by 61 companies through initial public offers till October this fiscal, higher than the funds mopped up through this route in the last financial year, the government told the Lok Sabha on Monday. Out of the 61 companies that hit the markets till October of the current fiscal, 34 entities were Small and Medium Enterprises (SMEs). Finance Minister Nirmala Sitharaman said that a large number of manufacturing and service sector companies are coming up for listing.
The Centre plans to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.
IMAGES from Day 11 of the French Open at Roland Garros in Paris on Wednesday.
India may hold the promise of a big market for China, but that promise is yet to be fulfilled
Thousands of agriculturists, mainly from Punjab and Haryana, are protesting against the laws for the last over four weeks at various border points of Delhi and demanding that the legislations be repealed.
If there is a morality tale here, it is that debt and death spare no king.
Situated at a height of 15,200 feet above sea level, the pass sits on the top of a craggily formed Himalayan range that separates the Tibetan plateau from the Indian sub-continent.
While the two leaders have met earlier when Biden was the Vice President of the country, this is for the first time that Biden will be meeting Modi after he became the 46th president of the US in January.
Prime Minister Narendra Modi on Friday squarely blamed those with political agenda for the deadlock in the Centre's talks with protesting farmers.
In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route.
This is the first time in past several decades that suburban trains have been stopped. Earlier in 1974, the suburban and long distance train services were stopped for around 20 days due to trade union strike.
