Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The deal follows Facebook picking up a 9.99 per cent stake in the firm that houses India's youngest but largest telecom firm on April 22 for Rs 43,574 crore. Within days of that deal, Silver Lake -- the world's largest tech investor -- bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore. On May 8, US-based Vista Equity Partners bought 2.32 per cent stake in Jio Platforms for Rs 11,367 crore.
Rajesh Karkera journeys through verdant countryside to the little-explored pristine Lonar lake in eastern Maharashtra.
Indian elections are won and lost on 'negative' imageries and campaigns - but not certainly on 'negativity' as a political trait and electoral creed, asserts N Sathiya Moorthy.
With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic.
Reliance Jio, together with partners, has tested its 5G solutions in India, successfully demonstrating speeds of over 1 GBPS, and its 'Made in India' solution is "globally competitive", RIL chairman Mukesh Ambani said on Thursday. Ambani also exuded confidence that the company will be the first to launch full-fledged 5G services in the country. Jio is not just working to make India '2G-mukt' (free from 2G) but also '5G-yukt' (5G empowered), he added. Jio's engineers have developed a 100 per cent home-grown and comprehensive 5G solution that is fully cloud native, software defined, and digitally managed.
Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.
'Three decades after liberalisation kicked off, my friend's son and niece -- both born well after that historic shift in economic policy -- find themselves newly off the beaten path for no fault than listening to their heart,' notes Shyam G Menon.
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Tata Motors has added what the old Indica lacked. The new Indica D90 comes with Fiat sourced 90BHP Multi-Jet diesel engine that also powers Manza Club Class sedan. The automaker has also added features that are unmatched in its class.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In-depth review of the new Indica D90 and how it measure up against the competition.
'Saving our economy is a priority.' 'We have to save our people and save our country.'
Stating that 'we cannot...infuse creativity in your bureaucracy', the apex court warned it will have to do something extraordinary if the authorities failed to control pollution.
'Everybody knows that any solution would upstage and expose official bungling.' 'That is something Mrs Sitharaman's masters will not allow.' 'No matter how high the cost in human misery, they will squander a fortune on the unnecessary Central Vista extravaganza,' notes Sunanda K Datta-Ray.
'The virus is constantly, constantly making mistakes when it replicates.' 'When the virus has accumulated enough mistakes, then it becomes now a variant and it behaves differently.'
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
He accused the previous governments of being sluggish on implementing railway projects and said the work of ambitious eastern and western dedicated freight corridors expedited only in the last six-seven years.
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
Modi will also perform the ground-breaking ceremony for the building, which is expected to be completed by 2022 at an estimated cost of Rs 971 crore.
Top companies have grabbed a bigger pie of their sectors in the pandemic period, leading to a further rise in market concentration in many industries as measured by the Herfindahl-Hirschman Index (HHI). The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions. A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry's revenue is more evenly divided among many companies
Tata Motors, India's biggest automotive company, is readying the launch of an electric version of Indica Vista, its most popular hatchback, in the United Kingdom.
It is a good offering is its segment, and more what we understand it will be the best value for money premium hatchback.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
LeBron James made it to his 10th NBA Finals appearance, while LA Lakers made it to their first Finals in a decade as the Lakers earned a comfortable 117-107 win against Denver Nuggets in Game 5 to win Western Conference Finals 4-1.
The central government should provide for free vaccination to all Indian citizens and greatly ramp up RT-PCR testing in both rural and urban areas, a group of former civil servants said on Thursday in an open letter to Prime Minister Narendra Modi.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Atanu Biswas explains the economics behind hosting a Games in pandemic times.
There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.
The hatchback market is getting very competitive with almost all big players flooding it with trendy models to get a piece of this lucrative pie.
The Los Angeles Lakers captured a record-tying 17th NBA Championship on Sunday with a 106-93 victory over the Miami Heat that sealed the best-of-seven title series 4-2, restoring the storied franchise to the top of the basketball world.
The 42-metre-high sandstone monument, sometimes compared to the Arc de Triomphe in Paris was laid down by Prince Arthur, the Duke of Connaught.
If you have been holding off buying a new computer, then Windows 7, the latest operating system from Microsoft, will give you a good excuse to buy one. Windows 7, or Win 7, is largely believed to be better than Microsoft's previous OS Windows Vista and way more advanced than the last generation Windows XP.
'I have been lucky to be at the right place at the right time, so my life and career have taken a trajectory as the flow goes.'
After monetising Jio Platforms -- which houses the firm's telecom arm and digital ventures, richest Indian Mukesh Ambani is looking to rope in investors in the retail business.
Mumbai, India's financial capital, is set for a mega transformation with a massive patch of land opening up for redevelopment; a new metro railway ready to start services by the year-end; and the country's oldest railway station, the Chhatrapati Shivaji Terminus, going for modernisation with private sector participation. Work on Mumbai's second airport will start from next month, while construction of the sea link connecting central Mumbai to Navi Mumbai has already moved into a fast lane despite Covid-induced lockdowns. Also, a coastal road project, connecting Nariman Point to Worli, is under way and will help decongest the city to quite an extent. Of all these mega infrastructure projects, the one that has a huge potential to change the city's skyline is the Eastern Waterfront project - to be built on the Mumbai Port Trust (MbPT) land.
'A country cannot be run on lines that everyone should be in agreement and those who disagree should be silenced.' 'If this is how they look at democracy, then I can only wish good luck to the future of parliamentary democracy in India.'
Microsoft Windows has today become an inevitable part of our work life.
Stock markets squandered early gains but managed to end in the green on Friday, propped up by heavyweight Reliance Industries which announced another stake sale deal for its digital platform. A strengthening rupee and firm global cues also supported the domestic bourses, traders said.
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