Business / The Economic Times
Goenka, who is part of the promoter family that holds a 4% stake, is the longest-serving CEO of Zee. In 2019, Goenka was reappointed as the MD and CEO of the entertainment giant, beginning January 2020. The Securities and Exchange Board of India is investigating Goenka and his father, Subhash Chandra, for allegedly diverting the entertainment company's funds to promoter-owned firms.
Launched in 2012 as Tandon Information Solutions, Infinx is also into medical transcription, eligibility and benefit verification, complete medical billing, medical coding (across specialty) and comprehensive account receivable management services.
On April 22 when BJD supremo Naveen Patnaik launched his campaign, he posted a video of himself with his party symbol -- two conches -- in his hand with the slogan, 'Jodi Shankha'. This time vote for a double conch, one for MLA and one for MP, he said.This has become the election slogan for the party and the BJD is appealing to voters to avoid splitting their votes.
The International Labour Organisation will introduce a legal framework to protect the global workforce from biological hazards, emphasizing the impact of Covid-19. India and 186 other countries will discuss this at the 112th International Labour Conference in Geneva, focusing on standalone legislation, occupational safety, health, and national policies for prevention and protection.
Experts caution on prolonged high pulse prices until new crop in October, impacting food inflation. In April, pulse inflation was 16.8%, with tur at 31.4%, gram at 14.6%, and urad at 14.3%. Government eases import restrictions, including duty-free lentils imports, to address production challenges.
India has reached out to the European Union for details regarding its forthcoming regulation, which aims to evaluate exporting nations as either low or high risk based on deforestation levels. The EU's proposed deforestation-free product regulation carries significant implications for India's exports of coffee, cocoa, soybeans, wood products, rubber and derivatives, as well as leather goods.
Ayodhya's historic Lok Sabha election post Ram temple inauguration sees competition between caste and convenience. BJP's Lallu Singh eyes third term amidst fielding of nine-time Dalit SP MLA Awadhesh Prasad, attracting Dalit, Muslim, and Yadav voters. CPIM's Arvindsen Yadav and BSP's Sacchidanand Pandey add complexity to the race, challenging SP's prospects in the keenly contested constituency.
Lucknow Lok Sabha seat has remained a stronghold for the BJP for more than three decades, primarily due to the enduring popularity of its longest-serving MP, the late Atal Bihari Vajpayee. Union Defence Minister Rajnath Singh, vying for his third consecutive term here, expresses confidence in the continuity of this trend. He campaigns on the basis of his contributions to the network of roads and flyovers in the rapidly expanding and urbanizing Uttar Pradesh capital, alongside emphasizing the 'de
On Monday, 49 constituencies in six states and two Union Territories will vote in the fifth phase of the Lok Sabha elections, determining the fate of several prominent leaders. This phase includes seats in Maharashtra, Uttar Pradesh, West Bengal, Bihar, Odisha, Jharkhand, Jammu and Kashmir, and Ladakh. Among the wealthy candidates are Anurag Sharma, Nilesh Bhagwan Sambare, and Piyush Goyal. This round covers the fewest seats in the seven-phase elections.
India to conclude Lok Sabha polls with PM Modi forecasting stock market surge post June 4 results. He urges new investors to boost the economy, highlighting market growth from 25,000 to 75,000 in 10 years. PM Modi shared his views in an exclusive interview with NDTV, emphasizing the importance of market participation.
Opposition shares video of youth voting for BJP candidate multiple times, prompting Election Commission of India, Uttar Pradesh to direct action. Congress, INDIA bloc, Rahul Gandhi criticize BJP for pressuring government machinery. Akhilesh Yadav warns election duty officers to uphold constitutional responsibility. Akhilesh Yadav calls out Election Commission for inaction. Akhilesh Yadav labels BJP's booth committee as a loot committee.
Delhi hit 44.4C with 'red alert' for severe heatwave. IMD forecasts clear skies with heatwave and strong winds. Stay hydrated, avoid heat exposure, and use ORS to combat heat. Relative humidity fluctuated between 57% and 15%.
Hyderabad: Sunrisers Hyderabad crushed Punjab Kings by four wickets to end the league phase of the Indian Premier League with 17 points here on Sunday. Chasing 215, SRH overhauled the target with five balls to spare after opener Abhishek Sharma hammered a 28-ball 66 (6x6s, 5x4s). SRH were also bolstered by contributions from Rahul Tripathi (33), Nitish Reddy (37) and Heinrich Klaasen (42) along the way. Earlier in the contest, Punjab Kings were helped by Prabhsimran Singh's quick fire 71 as well
The 46th Antarctic Treaty Consultative Meeting begins in Kochi on Monday under the shadow of the Ukraine-Russia conflict, an issue that has been affecting the discussions for the past two years. The 10-day deliberations among signatory nations to the Antarctic Treaty are expected to focus on collaboration between parties on research and exchanging information on plans for sustainable management of resources in the icy continent. Also on the agenda for the Antarctic Treaty Consultative Meeting (A
By embracing a more nuanced approach to investing and staying vigilant for special situations, retail investors can position themselves to capitalize on opportunities that often get overlooked. By understanding and capitalizing on special opportunities such as demergers or spinoffs, holding company discounts, and promoter buying, investors can generate superior returns as these strategies have a positive historical track record.
Slovak Prime Minister Robert Fico's life is no longer in danger following an assassination attempt, Deputy Prime Minister Robert Kalinak said on Sunday.Fico has been in hospital since Wednesday when a lone gunman shot him four times, including in the abdomen.He has emerged from the immediate threat to his life, but his condition remains serious and he requires intensive care, Kalinak, Fico's closest political ally, told reporters.The Slovak premier underwent a five-hour surgery on Wednesday and
ETMarkets highlights 8 penny stocks showcasing share price growth ranging from 15-80% throughout the week. Our selection criteria prioritized stocks with a market capitalization below Rs 1000 crore and a share price under Rs 20.
The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties.
Equity markets will be closed for Mumbai elections. Special trading session on March 2, 2024. Nifty 50 and BSE Sensex performance. Top gainers and losers. The Multi-Commodity Exchange (MCX) will remain closed for the morning session but will be open for the evening session. Apart from Mumbai Elections (May 20), in 2024, the markets will be shut for Bakri Id (June 17), Muharram (July 17), Independence Day (August 15), Mahatma Gandhi (October 2), Diwali (November 1), Gurunanak Jayanti (November 15
DLF's joint venture with DCCDL saw a 7% rise in rental income from office buildings to Rs 3,460 crore in the last fiscal, driven by rent appreciation and asset portfolio expansion. The rental business, holding a majority stake, demonstrated healthy occupancy levels and low vacancies. With sustained growth in rentals and service income, DCCDL reported a 9% increase in consolidated revenue and an 18% rise in net profit.
Mumbai's recent dust storm and subsequent rainfall brought relief but also havoc to homes along the Mithi riverbanks, reminding residents of impending monsoon woes and unmet election promises. Despite hefty investments in the Mithi River rejuvenation project, flooding persists, with corporators and activists criticizing authorities for ineffective flood prevention measures. Memories of the 2005 deluge haunt neighbourhoods like Kranti Nagar and Sandesh Nagar in Kurla, underscoring the urgency of
The government recovered Rs 852 crore under the amnesty scheme for exporters for one-time settlement of default in export obligation. The scheme, part of the new foreign trade policy, aims to settle default in export obligation by holders of advance and EPCG authorisations. Small exporters in Ludhiana have urged an extension of the scheme.
Record copper prices are driven by Chinese stimulus, mine supply concerns as well as green demand. MCX and LME futures surge. The Chinese 1 trillion yuan stimulus has boosted industrial metals demand for electric vehicles, renewable energy, and power grids. Goldman Sachs predicts major copper market deficit with US manufacturing rebound.
Peter Lynch is commonly linked with the PEG ratio, which compares PE ratios to growth rates. MarketSmith has developed a specialized screening tool inspired by Lynch's investment approach. 5 Indian stocks matching Peter Lynch's investing style.
Chirag Paswan's bid for the Hajipur Lok Sabha seat signifies a crucial moment as he seeks to assert his father's political legacy. Facing opposition from his uncle's faction and criticism over ticket distribution, Chirag navigates one of his toughest electoral battles yet. While he banks on NDA support and PM Modi's popularity, his opponent Tejashwi Yadav leverages his local roots and unity within the opposition. Despite challenges, Chirag remains determined, with PM Modi's recent visit undersco
In Saturday's trading session, five stocks experienced a buildup of fresh long positions, denoting a bullish trend.
In Saturday's trading session, five stocks witnessed a build of fresh short positions. Here's a look at them.
Delhi-NCR faces an intense heatwave with temperatures surpassing 45C in multiple areas, hitting a high of 46.8C in Mungeshpur. The IMD issues a red alert, signaling no relief from the severe heat till May 22. Dry winds and lack of moisture exacerbate the conditions. Residents are urged to stay hydrated. Meanwhile, Delhi's air quality remains poor, with an AQI of 261.
ITC, ONGC, IRFC, Ircon International, BHEL, BEL, Sun Pharma, Nykaa, Tata Investment Corporation, Hindalco, Ashok Leyland, and Divi's lab will be releasing their March quarter report cards this week.
The company is also recalling another lot of sapropterin dihydrochloride for the same reason, it added. The USFDA said the drug maker initiated the Class I recall in the US on April 8 this year. As per the US health regulator, a Class I recall pertains to defective products that can cause serious health problems.
Royal Challengers Bangalore (RCB) defeated Chennai Super Kings (CSK) in a rain-interrupted IPL match, with key insights from Dinesh Karthik. A crucial moment occurred when MS Dhoni's six required a new ball, benefiting RCB's Yash Dayal. Karthik praised the team's resilience, highlighting their impressive comeback and encouraging his teammates to enjoy their success.
With the fourth quarter earnings season, companies rewarded their shareholders with dividends for the financial year 2024. Companies announced dividend amounts as high as Rs 55 per share.Heres a list of 7 companies that announced dividend in the last week:
Thunderstorms with moderate rainfall and gusty winds up to 40 km/h are expected in several districts. The Meteorological Department issued red alerts for Pathanamthitta, Kottayam, and Idukki districts, and orange alerts for Thiruvananthapuram, Kollam, Alappuzha, and Ernakulam. The Idukki District Collector has banned night travel in hilly areas, and mining activities have been halted in Ernakulam and Kottayam. The heavy downpour led to waterlogging in Thiruvananthapuram, disrupting normal life.
Tata Motors group has raised its investment outlay for FY25 to Rs 43,000 crore for new products and technologies, with its British arm Jaguar Land Rover absorbing the maximum share, according to a senior company official. In FY24, Tata Motors group had given a guidance of 3 billion pound investment for Jaguar Land Rover (about Rs 30,000 crore) and Rs 8,000 crore for Tata Motors -- a total of about Rs 38,000 crore. Investment by JLR ended at 3.3 billion pounds (more than Rs 33,000 crore), and Tat
A list of 7 companies that announced dividend last week. The list includes, Bharti Airtel , DLF, M&M, Vedanta among others.
Reliance Industries Ltd aims to expand its market share in aviation turbine fuel (ATF) by accessing pipelines at major Indian airports like Delhi, Mumbai, Bengaluru, Hyderabad, Kochi, and Lucknow, competing with state-owned firms like Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL).
The BJP's bid for a third consecutive term at the Centre is centered around the recently inaugurated Ram temple in Ayodhya. While optimism abounds, there's also uncertainty until the results are in. Local businesses see opportunities, but concerns arise among rural voters about potential displacement due to development projects. The renaming of Faizabad to Ayodhya sparks debate among residents.
This week, SBI, Colgate-Palmolive (India), Oberoi Realty, Tata Consumer Products, and Sula Vineyard will go ex-dividend. Bharat Dynamics and Som Distilleries Breweries & Wineries will undergo a stock split, with other companies also set for corporate actions such as bonus issues and rights issues. On May 24, Tata Consumer Products (Rs 7.75/share), and Vedanta (Rs 11/share) will trade ex-dividend.
The Air Quality Index (AQI) of the national capital was recorded in the poor category at 9 am with a reading of 246, according to the Central Pollution Control Board. An AQI between zero and 50 is considered good, 51 and 100 satisfactory, 101 and 200 moderate, 201 and 300 poor, 301 and 400 very poor, and 401 and 500 severe.
Nifty500 has surged 37% and Sensex 20% in the past one year. Here's a look at the sectors with the biggest gains in the past quarter. Industrials sector was the biggest gainer, followed by consumer durables and metals and mining.
Sanjiv Bhasin, Director at IIFL Securities, discusses market predictions, FIIs impact, and how to election-proof the portfolio with HDFC Bank, Coforge, and Vodafone Idea. Bhasin says the Indian investor is mature now. The markets have become much more sanguine and there is no scope for runaway rallies or runaway falls.