'Who has seen what Sharia is? Who knows what actual Sharia is?'
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Life Insurance Corporation of India (LIC) has made the most of the stock market boom by reducing stakes in all its top conglomerates during the financial year 2023-2024 (FY24). However, even after reducing exposure, the value of its remaining stake has gone up substantially across all groups, according to data collated from stock exchange filings.
Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.
IMAGES from Day 7 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Sunday.
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.
IMAGES from Day 1 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Monday.
Captain Rohit has been 'absolutely phenomenal': Bumrah
In June, Sensex went up 6.6% and Nifty 6.9%, their best monthly gains since December 2023.
Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.
London Spirit is the Lord's based team participating in England's domestic cricket tournament, The Hundred.
The post-Covid pandemic boom in corporate revenues appeared to have faded away in 2023-24. Yet, companies have reported a sharp recovery in their profits in FY24, driven by high margins. Their combined net sales, including gross interest income for lenders, rose by a modest 4.8 per cent year-on-year (Y-o-Y) in FY24.
While super hits like Jawaan are missing this year, it has been filled with a range of medium-range hits such as Crew, Teri Baaton Ne Uljhaa Diya and Guntur Kaaram, observes Vanita Kohli-Khandekar.
'The demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick.'
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
Sanjana thanked Jasprit for the interview, who replied saying: 'Seeing you in 30 minutes,' to which she quipped, 'What's for dinner?'
Bengaluru-based United Breweries (UBL), makers of Kingfisher beer, is eying strong growth in the premium beer segment, driven by changing consumer preferences towards premiumisation. "Across categories, premiumisation is taking place as people are looking for better choices and beer is no different. "People are upgrading to better beer and newer brands. We have a good offering of premium brands - Kingfisher's premium variants are Ultra and Ultra Max," Vikram Bahl, chief marketing officer (CMO), UBL, said in an interview.
An alumni of the prestigious Cornell University and a senior techie (coder) at Oracle, Netravalkar juggled academics and cricket with aplomb.
He alleged that besides Modi and Shah, Finance Minister Nirmala Sitharaman had also commented on the stock markets ahead of elections, which has never happened in the past.
Jasmine Paolini is the first Italian player to reach the French Open final since doubles partner Sara Errani in 2012.
Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?
In a hilarious social media video, the wicket-keeper-batter is seen playing a unique game of golf with team-mate Suryakumar Yadav -- using a cricket bat and a paper bag as a hole, all within the confines of their team hotel hallway!
Jasprit Bumrah posted the cute picture of Angad wearing his India cap on Instagram, embellishing it with a couple of heart emojis.
I liked how the film finds excitement in Mahendra and Mahima's dull lives and transforms their humdrum existence into an ode to second chances, notes Sukanya Verma.
Carlos Alcaraz made a winning start in his bid to claim a first French Open title
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
Tata Motors reported a consolidated net profit of Rs 17,483 crore (adjusted for exceptional gains and losses) for Q4FY24, surpassing TCS' consolidated net earnings of Rs 12,434 crore. For the automotive major, this marked a 213.7 per cent year-on-year increase in the bottom line, from Rs 5,573.8 crore a year ago. In contrast, India's biggest IT firm saw a more modest Y-o-Y growth of 9.1 per cent in net profit, from Rs 11,392 crore.
Manchester City won an unprecedented fourth straight English top flight title with a 3-1 win over West Ham United.
India has been a tea sipping society. But the aromatic wave of coffee culture is wafting across it.
It comes as no surprise when the world's fastest man Usain Bolt says that the fastest form of cricket is his favourite one and feels more fans in the Caribbean and world over will choose the T20 format over Tests going forward.
Pat Cummins-led side will also want to challenge for the top two spots, which is a possibility considering they have one more game after this match and a healthy net run rate of +0.406.
An overview of how the tournament could give it a welcome boost...
'The markets will correct, and they are bound to correct. The boom will turn into bust.' 'When this bust happens, people would lose like they have lost in the past.' 'Whatever you have made possibly in the last couple of years, you may lose in a couple of weeks. That's very much possible.'
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.
So many amazing bowling performances on Friday night, let's look at the best spells...
Adani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani's conglomerate, on Thursday reported a 37 per cent drop in March quarter net profit, bogged down by one-time past airport dues and commercial mining losses. Its consolidated net profit of Rs 450.58 crore in January-March - the fourth quarter of fiscal year 2023-24 - compares to Rs 722.48 crore net profit in the same period last year and Rs 1,888.45 crore earning in the preceding quarter, according to a stock exchange filing by the company.
Market players attribute the rally in small and midcaps to flows from retail investors and domestic institutions.
MI are scheduled to play Lucknow Super Giants and Kolkata Knight Riders twice each besides Sunrisers Hyderabad in their last five fixtures, which are must-win fixtures for them. All three teams are in the top four currently, making MI's task that much harder.
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