HDFC Bank's latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to fully include the stock in its indices. Currently, the index provider has applied an adjustment factor of 0.5 since the foreign room is less than 25 per cent. Removal of the adjustment factor will result in inflows of a massive $4.8 billion (Rs 40,000 crore) into HDFC Bank, according to Brian Freitas, a New Zealand-based analyst with Periscope Analytics.
India is far behind global competitors such as Vietnam, Taiwan, and Mexico in increasing electronics exports to the US by making the most of Washington's tariff action against China. In 2018, the US imposed a 25 per cent punitive duty on a range of Chinese electronics items. The trade duties led to a sharp fall in Chinese electronics exports to the US from $207 billion in 2018 to $140.2 billion in 2019, down 32 per cent, according to Indian Cellular and Electronics Association (ICEA) data, which has been analysed by ITC Trade Map.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
'Yes, there have not been any express fast bowlers that are coming from the MRF Pace Foundation that we used to have back in the years.' 'But that's not going to happen anymore. Now, in the next few years, you are gonna see a lot of really good fast bowlers coming out from the MRF Pace Foundation again.'
Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
In the run-up to the 2024 Lok Sabha elections, political parties are extensively using social media to propagate their achievements and seek support from voters.
Future Gaming and Hotel Services whose director is the lottery magnate Santiago Martin is the top purchaser of electoral bonds having purchased bonds worth Rs 1,368, according to data uploaded by the Election Commission of India on its website on Thursday.
Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
Analysts have given a thumbs up to the Reliance Industries (RIL) and Walt Disney Co. (Disney) proposed a joint venture (JV). The stock of the Mukesh Ambani-controlled company gained nearly 1.5 per cent on Thursday to Rs 2,952 levels as compared to the S&P BSE Sensex that traded marginally weak, down 0.2 per cent to 72,172 levels in intra-day trades.
The report said that his classmates and senior held a public trial inside the hostel alleging that he had misbehaved with a girl student of the college.
The Mark-1A will be more sophisticated and capable than the Tejas Mark-1.
Walt Disney Co and Reliance Industries on Wednesday announced signing of binding pacts to merge their media operations in India to create a Rs 70,000 crore behemoth. Reliance and its affiliates will hold 63.16 per cent in the combined entity while Disney will hold the remaining 36.84 per cent, the companies said in a statement.
Wearing a white diving helmet and ochre robes, Modi sat cross-legged on the sea bed, folded his hands in prayers while being helped by the Navy divers and waved peacock feathers before offering them to Lord Krishna.
Prime Minister Narendra Modi on Sunday inaugurated 'Sudarshan Setu', the country's longest cable-stayed bridge of 2.32 km, on the Arabian sea connecting Beyt Dwarka island to mainland Okha in Gujarat's Devbhumi Dwarka district.
The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.
Tourists and skiers seen in Kongdori, Gulmarg, near the Affarwat peak, during a snowstorm on Thursday, February 22, 2024.
The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.
The CEOs have been discussing a collaboration for some time, according to two people with knowledge of the situation.
The Centre has disallowed installation of mobile towers in core or critical tiger habitats in the country, according to new guidelines by the environment ministry.
Investments worth more than Rs 80 trillion are expected in roads, railways and urban infrastructure between now and FY30 and the supply chains helping to build this core infrastructure are also readying to cash in on the growth. In the first half of the current financial year, orders worth more than Rs 2.6 trillion were tendered in the roads and railways segment alone, according to data sourced from ICRA Ratings and Research. "India's transportation infrastructure sector is in high gear, and we enjoy a sizable share of it," said S V Desai, whole time director and senior executive vice president (Civil Infrastructure) for Larsen & Toubro.
Jailed former Pakistan prime minister Imran Khan and ex-foreign minister Shah Mahmood Qureshi were on Tuesday sentenced to 10 years each in prison for leaking State secrets.
Several states declared a holiday for schools, while government offices, other establishments and public sector banks remained closed for half a day.
Many people have received fake messages related to VIP invitations, donation drives and prasaad of the mega event.
The combined market capitalisation of Adani group companies increased to Rs 15.11 trillion last week. As a result, Gautam Adani's family raced ahead of Mukesh Ambani of Reliance Industries, reclaiming the title of India's wealthiest promoter.
The outfit suggested that the government amend the Information Technology Act to classify all such content as pornography, which people should only be able to access by punching in their Aadhaar details or their fingerprints. Archis Mohan reports
Reliance Jio added 34.7 lakh mobile subscribers in September, cementing its lead in the competitive telecom market, while Airtel's wireless subscriber tally rose by 13.2 lakh, according to monthly data put out by Trai. Vodafone Idea lost 7.5 lakh mobile subscribers during September, dragging its wireless user tally to 22.75 crore. Reliance Jio gained 34.75 lakh wireless subscribers in September, and its user base climbed to 44.92 crore, as per data by Telecom Regulatory Authority of India (Trai).
The Telecommunications Bill, 2023, which was passed by a voice vote after a short debate, also allows the Centre to take possession of a telecom network in case of any public emergency or in the interest of public safety.
Gulmarg was the coldest place in Kashmir on Sunday.
Biden is not risking his reputation in a crucial election year, argues Ambassador M K Bhadrakumar.
Keisha Santwan, 16, and her travel-obsessed family love the joy of exploring new places.
United States President Joe Biden is not travelling to India next month to grace the Republic Day celebrations as the Chief Guest, and New Delhi is looking at holding the next Quad summit later next year instead of its earlier plan to host it in January, people familiar with the matter said on Tuesday.
The Archies is an evergreen thought passed on from generation to generation. But Sukanya Verma wishes it had some of the comic's tee-hee humour and hyuk hyuk too.
'Subjecting each such creative content to scrutiny will impose burdens on the OTT platforms and impact user experience.'
'Both the DMK and ADMK are equally to blame.' 'When the question is violence against Dalits, they don't take measures to protect Dalits.'
In his post, Gandhi urged people to elect the Congress and said, "Rajasthan will choose free treatment. Rajasthan will choose cheaper gas cylinder. Rajasthan will choose interest-free agricultural loan. Rajasthan will choose English education. Rajasthan will choose OPS. Rajasthan will choose caste census."
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
'Focus on 19,400/64,900 as the key resistance levels for the Nifty/Sensex.'
If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.
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