Business / The Economic Times
In its lifetime every midcap company sees some headwinds. There are many examples from history which show the difference between the companies which have been able to survive and grow even after all the trouble is that of the parent company. A company belonging to a strong industrial group which has a track record of handling many economic cycles in the past has a higher probability of surviving a bad phase and coming back on a growth path as compared to a company in the same line of business wh
Even the best of the rational brain can make wrong decisions when there is too much noise which gets created due to a narrative. Now for the last few days a narrative has been created that due to polls, FPI are selling. These kinds of narratives tend to hit the sector and stocks which are sitting with big gains and are dependent on government policy push. Railways was among the last sectors to get re-rated due to the policy focus. Whether it was companies which are financing the expansion of rai
Here are some of the top banks' travel credit cards providing significant value-back on travel spends. Some of these cards are co-branded with popular travel portals or airlines while others offer general travel benefits.
Jayaram tragically passed away in a road accident on May 12 in Hyderabad. According to an IANS report, her car was involved in a collision with a bus. The actress, known for her role in 'Tilottama', was accompanied by her sister Apeksha, co-star Chandrakanth, and chauffeur Srikant at the time of the accident. Coincidentally, Chandrakanth was also her co-star in the highly successful TV series 'Trinayani'.
To be undertaken by the Development, Monitoring and Evaluation Office of NITI Aayog, the evaluation is being done to understand the success of the scheme in supplementing the financial needs of the farmers, its impact on farm income and the extent to which it has reduced dependence on moneylender. The scheme costs the government Rs 60,000 crore a year.
Sahara Group criticises 'Scam 2010 - The Subrata Roy Saga' series by Hansal Mehta on Sony LIV, contemplating legal action for defamatory portrayal. The series delves into financial scandals involving Subrata Roy, with disputes pending before SEBI and the Supreme Court. Produced by Applause Entertainment in association with Studio Next.
Smartworks leases tower in Pune's Balewadi for coworking with 8,000 desks. The Indian market has become one of the fastest-growing centers for flexible office spaces, driven by the rising demand for adaptable workspace solutions from large corporations and dynamic startups worldwide, especially after the Covid-19 pandemic.
Nifty is expected to move towards the upper range of 22800 levels in the next 1-2 weeks. Immediate support is placed at 22200 levels, said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.
UP CM Yogi Adityanath criticizes Congress for inheritance proposal likening it to Aurangzeb's 'jizya' tax. He asserts BJP's election goal is a developed India under PM Modi's leadership.
In todays special trading session, 21 stocks among the Sensex closed in green while 9 were in red. day's trading session, five stocks saw top short covering. Here's the list:While S&P Sensex closed 0.12% higher at Rs 74,006, the 50 company index Nifty-50 closed 0.16% higher at Rs 22,502.Here are the stocks that saw action today:
US Defense Department is looking to acquire a new generation of ground- and space-based tools that will allow it to defend its satellite network from attack and, if necessary, to disrupt or disable enemy spacecraft in orbit, Pentagon officials have said in a series of interviews, speeches and recent statements.
After the recent phase of the volatility, there has been a bounce back in Nifty and sensex. Along with them there has also been an improvement in the market breadth as more number of stocks were able to inch upward. But this is not enough to say the volatile phase is over. At this point of time, one cannot rule out more profit booking ahead of election results. If one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concer
In 2012, we were at number 11 at GDP rankings, today we are at number 5, jumping 6 places, it is inevitable that we will go onto number 3 position in next 2- 3 years, he said at a panel titled Future of Competitive India: Should India Have an Integrated Trade, Investment & Industrial Policy? Singh emphasized India's position as a historical behemonth, saying it will regain its glories fueled by sustained growth and strategic government initiatives.
Here a list of sectors along with the sectoral top picks that will have a positive impact on NDAs return, as suggested by Prabhudas Lilladher:
Amitabh Kant, India's G20 Sherpa and former Niti Aayog chief, praised India's structural reforms, noting that they have elevated the country from the fragile 5 to the op 5, resulting in a growth rate of approximately 8.4% over the last three quarters. Kant highlighted analysts' projections that foresee India contributing 30% to global GDP growth between 2035-2040.
The actor finally returned home after being missing for nearly a month. He revealed that the reason behind his sudden disappearance was not anything sinister. He claimed that he had gone on a spiritual journey. He had visited multiple Gurudwaras, however later, he had a change of heart and decided to return home to his parents.
IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024.
The jump in stock price happened after the MNC's shareholders turned down a proposal to increase royalty payments to Swiss parent Nestle. Results of a remote e-voting by shareholders show that 57.18% of the votes were cast against the proposal for increasing royalty from 4.5% to 5.25%.
In a complaint, Maliwal alleged that Kejriwal's Personal Secretary Kumar 'slapped her atleast seven to eight times,' while she 'continued screaming.' Maliwal further claims that she was 'brutally dragged' while being 'kicked' in the chest, stomach and pelvis area. According to a medico-legal report from the Jay Prakash Narayan Trauma Centre at AIIMS, Maliwal had bruises over her left leg and her right cheek.
Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance has reported a net profit of Rs 57 crore for the January-March 2024 quarter, the company said.
Swati Maliwal News: AAP Rajya Sabha MP Swati Maliwal, who alleges she was assaulted by Delhi CM Arvind Kejriwal's aide Bibhav Kumar, reportedly has bruises on her left leg dorsal and right cheek, as per her medical report.
From his years of experience, Goodman made several observations about the market in his book The Money Game. Here are some of them which are still relevant for modern-day investors.
The March quarter has seen a slowdown in the topline growth across sectors as the nominal growth has moderated on the high base of last year and cooling off of inflation.
Shares of BKT surged 5% on Saturday to its fresh 52-week high of Rs 2,798.95 supported by the companys solid fourth quarter performance. Its net profit soared 88% while revenue jumped 16% to Rs 2,697 crore on the back of a sales volume of 82,085 MT.
Foreign Secretary Vinay Kwatra reviewed the India-UK 'Roadmap 2030' in London, enhancing bilateral cooperation in trade, defence, security, science, and people-to-people exchanges. Meetings were held with Minister of State Lord Tariq Ahmad, MoS for Defence Procurement James Cartlidge, and NSA Sir Tim Barrow.
EPF death claim: The EPFO stated that it has received specific references from field offices indicating that they are unable to seed and authenticate Aadhaar in cases of death of EPF members. Note that Aadhaar details cannot be updated or corrected after a member passes away, which presents challenges for the field offices.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) introduces comprehensive guidelines for senior citizen housing projects, covering design, accessibility, mobility, kitchens, bathrooms, green principles, lifts, ramps, safety. Developers must certify compliance with standards, covering structural design, stability, testing, materials, workmanship.
After the abrogation of Article 370, Ladakh, which shares its border with both Pakistan and China, was carved out as a Union Territory without legislature. While Leh welcomed the move initially, people in Kargil were unhappy about the split. However, soon the concerns over safeguards for land and jobs took over, and protests erupted.
Met department forecasts a partly cloudy sky, heatwave, and strong surface winds for the day. Heatwave conditions, defined as a maximum temperature exceeding 4.5 degrees above normal, reaching at least 45 degrees Celsius, are expected.
Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds, sources said.
The head of a top Indian diaspora think-tank criticizes the US Commission on International Religious Freedom for lacking diversity and producing biased reports on India and Hindus. USCIRF announced new members Maureen Ferguson, Vicky Hartzler, Asif Mahmood, and re-appointments of Stephen Schneck, Eric Ueland. Khanderao Kand criticizes the missed historic opportunity for diversity and balance in the commission.
In Himachal Pradesh's Mandi Lok Sabha constituency, the BJP's Kangana Ranaut and Congress's Vikramaditya Singh engage in a fierce campaign focusing on development, governance, and legacy. The battle for voter support intensifies as the two candidates highlight their agendas and seek to sway the electorate.
ZEEL swung back to profit in March quarter against loss a year ago. Its total income in the reporting quarter, too, increased 3% YoY to Rs 2,185 core. Goldman Sachs sees partial recovery in revenues as a positive sign.
The fifth phase of voting for the 18th Lok Sabha elections is scheduled for May 20. On the days of voting, banks in various cities will be closed. Here is a look at the cities where banks will be closed for the fifth phase of the elections.
Increased uncertainty during elections can lead to higher market volatility. Options trading strategies like straddles or strangles can be effective in profiting from price swings or hedging against unexpected market moves.
AAP leader Atishi on Saturday claimed that Swati Maliwal is facing charges and potential arrest in an illegal recruitment case registered by the ACB and has been made the face of a conspiracy by the BJP. She further added that if CM Arvind Kejriwal had not been busy when Maliwal visited him, she might have accused him instead of Bibhav Kumar in the assault case.The AAP leader added that if the Delhi Police were impartial, they should register a case based on Delhi CM's aide Bibhav Kumar's compla
The fall in share price came a day after the steel major reported a drop in consolidated net profit to Rs 1,299 crore for the quarter ended March 2024. It was Rs 3,664 crore a year ago. Revenue from operations in the reporting quarter, too, took a beating, though marginally, to Rs 46,269 crore.
Airports worldwide are increasingly investing in microgrid technology as a strong strategic solution that allows them access to continuous, localised, and self-reliant power supply.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day.
Markets are hoping for evidence that will solidify a brightening global economic outlook, though rising trade tensions are casting a cloud, while G7 finance ministers gather in Italy.
Building an MVP allows you to test, iterate, and pivot your product based on actual user feedback with minimal resources.
Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week. The benchmark S&P 500, which fell over 4% in April, is now up 11% year-to-date.