Red Bull are concerned about their constructors' title defence being weakened at a time when McLaren are emerging as a threat
The country's largest private lender HDFC Bank on Saturday reported a 6.51 per cent decline in its consolidated net profit to Rs 16,474.85 crore in the April-June quarter compared to the previous January-March quarter. The city-headquartered lender, which merged its mortgage major parent HDFC into itself in July last year, had reported a net profit of Rs 17,622.38 crore in the March quarter. On a standalone basis, the net profit declined to Rs 16,174.75 crore in April-June 2024-25 from Rs 16,511.85 crore in January-March 2023-24.
India will send 117 athletes to the Paris Olympics, starting July 26 in the French capital. This will be India's second-biggest contingent at an Olympic Games after 121 athletes went to Tokyo in 2021. A total of 47 female and 70 male athletes will be part of the Indian contingent at the Games.
The universe of stocks trading at a 12-month forward price-to-earnings (P/E) multiple of 50x or more has swelled by 2.5x to 104, indicating the growing froth in the market. In March 2023, the number of stocks with a P/E of 50x and 100x stood at 41 and 3, respectively, which has now grown to 104 and 9, according to an analysis by Kotak Institutional Equities (KIE).
Unlike for previous Olympics, the Paris 2024 opening ceremony will not take place in a stadium.
Lewis Hamilton shed pent-up tears of joy after ending a 945-day wait for a win with a record ninth British Grand Prix victory in front of his home fans on Sunday.
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
Up against higher-ranked Miomir Kecmanovic (No. 53) of Serbia in the first round, the world No. 72, who has qualified for the 2024 Paris Olympics, lost 2-6, 6-3, 3-6, 4-6.
Shareholders of industry giants Adani Enterprises, Reliance Industries, and Tata Motors - the latter two are part of the Sensex - will decide on combined related-party transactions of more than Rs 2.68 trillion proposed for this financial year and later. Related-party transactions for BSE 500 companies touched at least a six-year high of Rs 42.1 trillion in FY23, the Capitaline data shows. The Rs 42.1 trillion includes related-party transactions both at balance-sheet and profit-and-loss levels.
India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.
Surya, world's No. 1-ranked T20I batter, played some exquisite shots all round the park to come up with a 28-ball 53 to take India to 181 for 8
Aakash Chopra believes Virat Kohli can rediscover his form if he shows patience at the crease
Ayush refers to the six Indian systems of medicines, namely Ayurveda, Yoga and Naturopathy, Unani, Siddha, Sowa-Rigpa and Homeopathy are majorly prevalent in the country.
Hosts West Indies primed for Super 8 clash against defending champions England
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. Amid a landscape where other banks struggled with soaring non-performing assets (NPAs), HDFC Bank thrived, eventually surpassing ICICI Bank to become the largest private sector lender in India. Its net interest margin (NIM) remained stable in the range of 4.1-4.4 per cent.
Finally, some good news for the Indian startup ecosystem. After four consecutive half-year periods of declining funding since 2022, the first half (H1) of 2024 has shown an upward trend compared to the second half (H2) of 2023. According to the India Tech Semi-Annual Funding Report H1 2024 by Tracxn, Indian technology (tech) startups raised $4.1 billion in H1 2024, marking a 4 per cent increase from $3.96 billion in H2 2023.
As the job markets open up, top IT services firms may look at a tiered strategy in which they hire entry-level talents at higher salaries, amid a major technological shift, say HR analysts.
Nicholas Pooran smashed a record-breaking 98 off 53 balls as the West Indies trounced Afghanistan by 104 runs.
South Africa skipper Aiden Markram claimed that batting on a 'slow and fresh' pitch in New York has been tough.
Rohit Sharma did practically everything right in the T20 WC: He batted brilliantly, he captained even more capably, but he failed to top the most valuable player table. Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of T20 World Cup 2024.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of T20 World Cup 2024 after Game 54.
Majestic cricket milestones mark T20 World Cup journey
As the political uncertainty settles down, investors are reviewing their assumptions about the power sector. Demand here is likely to continue to grow strongly in the long-term at around 5-6 per cent CAGR (compounded annual growth rate) during the next 6-7 years. Given policy continuity, several trends will persist.
Who do you think should be part of the Indian team for the T20 World Cup Super 8s match against Afghanistan?
David Warner and all-rounder Marcus Stoinis scored half-centuries as 2021 champions Australia opened their account in the T20 World Cup with a 39-run win against Oman.
India's largest life insurer, Life Insurance Corporation of India (LIC) reported encouraging performance in the January-March quarter (Q4) of FY24. Total annual premium equivalent (APE) was at Rs 21,180 crore, up 10.7 per cent year-on-year (Y-o-Y), with group APE of Rs 3,890 crore, up 60 per cent Y-o-Y, though individual APE contracted 2.1 per cent Y-o-Y. The participatory book contracted 20.2 per cent Y-o-Y, but the non-par grew by 206 per cent to Rs 3,740 crore.
The rains after arriving over Kerala will quickly cover Tamil Nadu and Karnataka, but then might slacken a bit, which could delay its arrival over Northwest India.
The ban is also estimated to have prevented 18 lakh men in the state from becoming overweight or obese, it said.
The Adani group, buoyed by a sharp recovery in its share prices over the past year, is set to embark on a series of roadshows this week to raise up to $4 billion (approximately Rs 33,254 crore) through equity and refinancing of older debt, according to banking sources. The roadshows, scheduled to take place in major cities, will inform investors about the group's investment plans across renewable energy, petrochemicals, and infrastructure development.
The share of foreign investors was lower than domestic institutions across key sectors, including commodities, consumer discretionary, financial services and industrials.
Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the Bharatiya Janata Party-led National Democratic Alliance expected to win a big majority in the Lok Sabha polls.
'Sectors like e-commerce, small finance, housing finance, and healthcare are in great favour, and people are paying a PEG ratio of up to 5, which is dangerous.' 'Wealth destruction is inevitable.'
From the Sensex basket, Mahindra & Mahindra, Larsen & Toubro, JSW Steel, NTPC, IndusInd Bank, Sun Pharma, UltraTech Cement, State Bank of India, Reliance Industries, and Maruti were the major gainers. Nestle, Tata Consultancy Services, Axis Bank, ICICI Bank, Bajaj Finance, ITC, and Asian Paints were among the laggards.
Chennai Super Kings head coach Stephen Fleming says the defending champions were undone by "high calibre" batting effort of the Gujarat Titans openers -- skipper Shubman Gill and B Sai Sudharsan -- during their 35-run defeat in the IPL match in Ahmedabad on Friday.
Gujarat Titans skipper Shubman Gill is optimistic about sneaking into the IPL play-offs, even though odds are heavily against them despite the 35-run victory over Chennai Super Kings in Ahmedabad on Friday.
Gujarat Titans skipper Shubman Gill did not forget to mention that they were 15 runs short while batting, as the net run-rate did not witness a quantum leap despite their 35-run victory over Chennai Super Kings in the IPL match in Ahmedabad on Friday.
From the Sensex basket, Asian Paints, Sun Pharma, HDFC Bank, Tata Consultancy Services, Axis Bank, Tata Steel, JSW Steel, Larsen & Toubro, ICICI Bank and Power Grid were the major gainers. Tata Motors dropped over 8 per cent despite reporting over three-fold jump in consolidated net profit at Rs 17,528.59 crore for the fourth quarter ended March 31, 2024. NTPC, Bharti Airtel, Titan, State Bank of India and Nestle were the other major laggards.
A devastating incident unfolded in northern Gaza, resulting in the loss of at least 104 lives and leaving hundreds injured, according to Palestinian officials, CNN reported.
Aman Sehrawat is the first Indian male wrestler to secure berth for the Paris Olympic Games
'During times of adversity, a brick becomes better than a stone. That is how I look at the election season.'
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