Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.
In terms of sheer numbers there is not much to choose between the two wicketkeepers.
'I've been a villain, I've been a champ, I've been a superhero, I've been a zero, I've been a rejected fan, and I've been a very, very resilient lover.'
With a promising team at the helm and stellar cast steering the action, Ulajh may be that action-packed political drama that we have been missing in Bollywood of late, hopes Mayur Sanap.
Kansai Nerolac Paints has seen its market capitalisation (mcap) erode by over 5 per cent since May 3 after posting a subpar performance in the fourth quarter of 2023-24. Weighed down by stiff competition, the company has shed Rs 1,172 crore over the past two weeks in mcap. India's largest paint maker in terms of mcap, expects double-digit growth in the industrial segment and aims to maintain margins, but its performance in decorative paints could suffer amid competition.
The Hindi version of Hindustani didn't do much either.
The wedding celebrations of Radhika Merchant and Anant Ambani that started in Jamnagar in March and continued in Italy in May, finally culminated in Mumbai on July 14, with the Mangal Utsav or the wedding reception.
Amidst strained ties with China, the pre-budget Economic Survey on Monday made a strong case for seeking foreign direct investments (FDI) from Beijing to boost local manufacturing and tap the export market. As the US and Europe are shifting their immediate sourcing away from China, it is more effective to have Chinese companies invest in India and then export the products to these markets rather than importing from the neighbouring country, the Survey said.
'It was not a love affair, it was much more.'
'I always wanted to be a part of a platform like this which enables you to show your true personality to the world. But after entering the show, I realised this show is more suitable for people like Armaan Malik, who backbite and indulge in unnecessary arguments. I am not cut out for such things.'
'I think of that young baby, still in her diapers, balancing with her arms held up by her mother, a Tamil woman wearing a salwar kameez and a dupatta, seated on a stoop,' recalls Aseem Chhabra.
The first two episodes of Commander Karan Saxena have nothing to offer, except for Gurmeet's muscles and shirtless torso, observes Namrata Thakker.
India failed to extract the 'price' from Pakistan for its Kargil misadventure.
The price could have been military in terms of loss of territory/soldiers/equipment or destruction of terrorist training infrastructure. Giving a 'face saving' option to Pakistan proved disastrous for the future, asserts Colonel Anil A Athale (retd).
As a panel of senior ministers deliberates on the need to review curbs on exports of some rice varieties, data shows that since outbound shipments saw restrictions in July-August last year, the non-basmati segment has suffered more than basmati exports. Sources said the panel is expected to soon deliberate on a few suggestions to ease the export curbs on some rice varieties due to higher-than-required stocks in the central pool. The panel, some observers feel, may also postpone the decision to ease the export curbs till a firm picture emerges on the latest kharif paddy sowing.
'I think because India is a bigger country and Bollywood is such a well-oiled machine, the star thing has become so much bigger than the actor thing.'
The Softbank-backed company has set a price band of Rs 72 to Rs 76 per share for the maiden share sale and is expected to test the appetite for new-age loss-making companies.
'Everybody goes through tumultuous times. I've been lucky and my journey has been excellent.' 'I can't complain because I've had everything and God has been kind.'
The consistently heavy downpour of films, shows, events, videos and whatnot is causing economic disruption.
The stock of Voltas, the country's largest room air- conditioner (RAC) maker, is up 22 per cent in the past three months. Robust demand on the back of a sweltering summer, distribution expansion, slew of launches and backward integration are expected to forge a good operating performance for the company. In the core RAC segment, there are multiple triggers for the company.
Kamal Haasan is right where he left off from the first film but there is only so much he can do to salvage an already lost cause, observes Arjun Menon.
Ultratech Cement's acquisition of a 23 per cent stake in Tamil Nadu-based India Cements is another instance of growing consolidation in the cement market in India. The deal will raise Ultratech's share, based on India Cements' revenues in FY24, in the domestic market by 230 basis points if the latter is formally acquired by the former in due course. India Cements' share was up 11.5 per cent on Thursday on market expectations of an open offer.
'They are testing the waters to see if there is a market. That is why they are not giving sales targets.'
'My mom used to tell me that I should accept films where they would not make fun of me or my religion.' 'It's a conscious decision to stay away from such films.'
'I promise you, you've never seen her do anything like this.' 'It is a complete reinvention of Janhvi Kapoor.'
Amritsar kite maker Jagmohan Kanojia shows the kites which he has created to send best wishes to the Indian cricket team on the eve of the ICC T20 World Cup final against South Africa.
From wearing sparkling outfits to donning coats and painting the town red, our favourite celebrities went all out to serve us some AMAZING looks in the month of June.
It has already collected Rs 110 crore* (Rs 1.1 billion), which is better than the three -day weekend score of Prabhas' previous release, Adipurush (Rs 103 crore/ Rs 1.03 billion).
'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.
'Stars have made stacks of wealth at the cost of the rest of the film industry.'
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
Despite being a model of longevity for more than two decades in an outstanding career, breaking numerous records and playing for some of the biggest clubs in the world, Cristiano Ronaldo was a shadow of his old self over the last two weeks at Euro 2024 in Germany.
NTPC, JSW Steel, Tata Motors, Bharti Airtel, Power Grid, Kotak Mahindra Bank and Tech Mahindra were also among the major gainers. Larsen & Toubro, Sun Pharma, Nestle, HDFC Bank and Maruti were among the laggards.
Apple iPhone maker Foxconn has informed the government that 25 per cent of its new hires are married women and its safety protocol, which requires all employees to avoid wearing metal irrespective of gender or religion, is not discriminatory, sources said. In an informal note shared with the government after reports suggested it is not hiring married women, Foxconn stated that such stipulations are not part of its policy and these claims may have been made by those individuals who were not hired, sources said.
The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Brokerages have a mixed view on the country's second-largest medium and heavy commercial vehicle manufacturer. The company reported steady March quarter results and its valuation, focus on growth and medium-term prospects are positive, but some brokerages are cautious, given near-term demand concerns and the risk of competition increasing in the industry.
Films that turned out to be box office disappointments.
'The makers don't shoot in chunks, it is all in one go with all the characters visible in the frame. This set-up is different from the general shooting style.' 'To execute this, everyone needs to be well prepared.'
It looks like Stree 2 has been granted a bigger budget for VFX and sound, bringing with it a promise of more chills, observes Deepa Gahlot.
Biden, seeking a second term in the White House, stumbled and fumbled during the televised presidential debate with his predecessor Donald Trump on Thursday night in Atlanta, setting off alarm bells among top Democrats about whether he can stay atop the gruelling months ahead of the elections on November 5.
This season of BB OTT may be a difficult watch, observes Namrata Thakker.
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