Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The nominees are Congresswoman Deb Haaland as Secretary of Interior, Jennifer Granholm as Energy Secretary, Michael Regan as administrator for Environmental Protection Agency and Brenda Mallory as Chair of the Council of the Council on Environmental Quality.
Roshni, also a trained classical musician, came on the board of HCL Technologies in 2013 and was vice chairperson. Shiv Nadar would continue to be MD of the company with designation as chief strategy officer.
Besides, Federation of Indian Chambers of Commerce and Industry secretary general Amit Mitra, L Suresh, vice president of Film Federation of India, UTV Group chief financial officer Rajeev Waghle, chief financial officer of Reliance Big Films Subhashish Sarkar and Zee Tele films chief executive officer Puneet Goenka, among others, were also part of the delegation.
The move marks the entry of GWM, one of the largest manufacturers of sport utility vehicles (SUVs) and pick-ups, into the Indian market and a complete exit for GM from the country, two years after it stopped selling cars here.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
A sharp decline in crude and strengthening of the rupee added to the buoyancy.
market mood was also buoyed after China said its Vice Premier Liu He will visit Washington next week for the signing of an interim trade deal. ICICI Bank was the top gainer in the Sensex pack, rallying 3.80 per cent, followed by SBI, M&M, IndusInd Bank, Maruti Suzuki, Asian Paints and RIL.
While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.
Rediff reader Vijai Kumar Sharma, 79 from Jaipur tells us about his first salary.
Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
Brent crude oil price surged 4 per cent on Friday, following tension between Iran and the US. Airlines, however, have been unable to pass on the price increase to customers due to the soft demand.
According to the order, all factories producing essential goods and services will remain operational at full capacity.
In the first two months of the current fiscal, Indian exports of finished steel reportedly grew by almost 76 per cent on a YoY basis and China alone accounted for close to 60 per cent of the increase.
The well-known satirist, who has issued a statement saying his comments weren't intended to insult the country, found backing from Trinamool Congress member Mahua Moitra as well as Congress leaders Kapil Sibal and Shashi Tharoor.
The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.
Adhikari, the face of the Nandigram movement that catapulated Mamata Bannerjee to power in 2011, sent his resignation letter to the chief minister by fax, which he then forwarded to Governor Jagdeep Dhankhar by e-mail.
Scanty rainfall, last year's lockdown, growing competition from Nepal and the disaster of the 2017 Gorkhaland agitation are steadily weakening exports and sales of Darjeeling tea.
Keeping trusted men in key positions at Lahore, Rawalpindi and Peshawar has become vital for Bajwa, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The committee has recommended Rs 8,000-10,000, Rs 13,000-15,000, and Rs 15,000-18,000 including PPE costs for isolation beds, and ICUs with or without ventilator, respectively, to all hospitals. Currently, hospitals are charging Rs 24,000-25,000, Rs 34,000-43,000 & Rs 44,000-54,000 (excluding PPE cost).
A change is in the wings, though perhaps not right now, for Basant Kumar Birla's Kesoram Industries. Birla, who is 90 and the chairman, says his daughter, Manjushree Khaitan, will manage Kesoram, but under his grandson, Kumar Mangalam Birla.
Capital markets regulator Sebi on Tuesday asked listed companies to work towards splitting the roles of chairman and managing director before the April 2022 deadline, as the new directive is not aimed at weakening the position of promoters. Listed entities were initially required to separate the roles of chairperson and MD/CEO from April 1, 2020 onwards. However, based on industry representations, an additional time period of two years was given for compliance. The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022.
This is because while the emergency authorisation for treating Covid was a recent move, the drug has been used since years for rheumatoid arthritis and autoimmune lupus.
About 1.2 crore passengers flew in November compared to 1.1 crore in October. While the industry opinion is divided over the sustainability of unprofitable growth, which is primarily led by low fare, some described it as the resilience of air travel against the economic slump.
Nationalisation has served its purpose. It's time to move ahead, keeping majority ownership of the government in a few banks to serve the people, argues Tamal Bandyopadhyay.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The reserves rose to $501.70 billion helped by a whopping rise in foreign currency assets, the latest data from the Reserve Bank of India.
The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.
The second day of pre-Diwali Dhanteras witnessed a tepid response from shoppers on Friday as gold and silver sales have likely to be fallen by up to 35 per cent year-on-year due to high prices and COVID-19 induced financial distress, although consumers moved to online buying to make most of the festival, jewellers said. The buying was heavily restricted to light weight jewellery, coins and precious stones due to lower purchasing power and high gold rates, they said. Due to the fear of coronavirus infection, many customers who had booked in advance were taking delivery of wedding orders on Friday, while some were seen buying safely through online brands like Tanishq and Melorra.
Wineries in Maharashtra, which produce over 90 per cent of the wine in the country, have been facing a severe financial crunch due to economic recession. The problem was compounded because of the terrorist attacks of November 26, 2008 in Mumbai, as the foreign tourist inflow -- on which the retail wine business is heavily dependent -- was badly hit.
Pre-Diwali Dhanteras sales of gold and silver witnessed a tepid response from consumers on Thursday on account of high prices of the precious metals and sluggish demand due to COVID-19 induced economic hardship, according to jewellers and industry experts. However, jewellers are expecting maximum footfalls on Friday as Dhanteras -- considered the most auspicious day in Hindu calendar for buying items, ranging from precious metals like gold and silver to utensils -- is being celebrated for two days this year.
The domestic auto industry is set to hit an all-time high sales figure of 12.2 million units in 2009-10, surpassing the previous sales record of 10.1 million units in 2006-07.
The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.
Industry insiders believe that the 32-year-old's earnings will see a quantum jump of Rs 75 crore per annum.
The Indian film and television industry is expected to reach a size of over Rs 600 billion (Rs 60,000 crore) in the next five years
After the easing of lockdown in mid-May, auto companies were able to resume production in a phased manner, but the ramp-up was slow due to a broken supply chain, and lockdown-induced restrictions.
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
Irked by India's status as the world's biggest arms importer, Modi wants to build an advanced defence industry
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