Screenwriter Kriti Kapoor, who has served as assistant director on films like ‘Airlift’, ‘2 States’, and ‘Blood Money’, is making her directorial debut with the film ‘Sorry Not Sorry’. The upcoming comedy-drama produced by Mohaan Nadaar’s Teamo Productions revolves around a small-town girl who gets caught up in the world of social media fame and […]
A complete ban on sugar exports next year, as suggested by many news reports, is unlikely, said broker Systematix Institutional Equities in an update on Friday. It was commenting on media reports that the government may impose a ban on sugar exports in the year starting October 2023 to ensure that sugar prices remain sweet […]
Vetri Subramaniam, the chief investment officer of UTI Asset Management Company, said the United States may be seeing a ‘regime change’ in terms of interest rate policy under which the US Federal Reserve may keep its rates higher on a long-term basis. This will, in parallel, be accompanied by fiscal policies — such as enhanced […]
The Center has kept the quantum of rice to be procured in the current monsoon (Kharif) season at roughly the same as last year, while the quantum of millets to be procured has shown an increase. The Food Corporation of India (FCI) and state government agencies are preparing for the procurement of 521.27 lakh metric […]
Brigade Enterprises said it has acquired a plot of Rs 139 crores from Pfizer Healthcare India Ltd in Chennai to build a residential project. The 6.54 acre land-plot has been acquired in Sholinganallur, on the Old Mahabalipuram Road. “We will be developing a residential project on this land parcel with an overall development of over […]
An analysis of the futures & options trends indicate that NSE Nifty 50 index is expected to face resistance at around 18,000-18,200 points this week, and will find support between 17500-17300. With uncertainties around Fed, Budget and global economy persisting, traders appear wary of taking large bets. This implies rangebound action will likely continue into […]
While 2023 has been a wild ride for stock investors in India so far, market volatility doesn’t mean that there aren’t enough front-line stocks with interesting tales of their own this year. There are several stocks that could outperform on the back of strong fundamentals and growth drivers, from sectors ranging from lending, IT services, […]
The upcoming 2024 general elections in India have major implications for infrastructure, capital goods and construction sector stocks in the country. The infrastructure and housing segments are key areas that will likely see policy action and initiatives to support economic growth in the run-up to elections. Infrastructure Spending Push The ruling BJP is expected to […]
In the world of finance, the relationship between U.S. Treasury bond yields and the stock market has traditionally been inverse: when bond yields rise, stocks tend to fall, and vice versa. The logic behind this inverse relationship is grounded in fundamental economic principles. Another, more recent reason is that when US treasury bond yields rise, […]
Honda Motorcycle & Scooter today launched what is perhaps among the most awaited motorcycle in the last several weeks — the 2023 model of the Honda Unicorn. Priced at around the 1.25 lakh mark, Honda Unicorn is arguably the most well-loved and respected ‘mass market’ motorcycle in the country, and has made a strong reputation […]
GTPL Hathway, the country’s single largest cable feed provider, said it has tied up with France-based Verimatrix to deploy its video content authority system — a software solution that helps GTPL stream video content to its Android TVs securely. The moves comes as GTPL Hathway ramps up its Android TV box-based service. The company started […]
A Supreme Court-monitored bail-out of nearly 41,000 customers of the erstwhile Amrapali Group, which went into insolvency four years ago, has kicked off with the sale of the first 150 flats, said Anarock, the real estate agency hired to sell the stock. Amrapali Group, at one time one of the biggest names in real estate […]
The three main state-owned oil refining and marketing companies have so far lost $2.25 bn (Rs 17,000 cr) due to the freeze on petrol and diesel price imposed by the government ahead of state elections in Uttar Pradesh, Punjab and Goa, according to a report by Moody’s. The rating agency pointed out that Indians are […]
Maruti Suzuki India, the local unit of Suzuki Corporation, has got a new CEO after ten years. Current CEO Kenichi Ayukawa will step down next week and his place will be taken by the current Joint MD Commercial, Hisashi Takeuchi. Takeuchi joined Suzuki Motor Corporation (SMC) in 1986. “With vast experience in the international operations […]
Brigade Group, a Bangalore-based real estate developer, announced its entry into plotted development or the villa space, responding to post-COVID changes in the market. The company said it plans to announce several gated community villa projects in the coming months. It will start off with a 66-acre project in Devanahalli, near the Bangalore airport, on […]
State-owned oil companies such as Indian Oil, Bharat Petroleum Corporation and Bharat Petroleum are facing an under-recovery of Rs 12-15 per liter of petrol and diesel sold in the market, and may have to raise selling prices by around Rs 30 per liter to plug the under-recovery, according to industry sources. These companies had last […]
The relentless selling of stocks by foreign institutional investors or FIIs is likely to ‘taper off’ by the end of the current month, according to an analysis of FII fund flows into India by Maximus Securities Research. “The FII selling is expected to taper off by end of March’22, After which we expect normal market […]
Alembic Pharmaceuticals said it received tentative approval from the US Food & Drug Administration to launch a generic form of blood pressure tablet Opsumit. The tablet, including generic forms such as macitentan, is one of the bigger sellers in the market with estimated annual sales of $797 mn. Most of the generic drugs sold by […]
ICICI Bank is emerging as a strong challenger for long-time leader HDFC Bank in India’s credit card market, thanks to strong take-up for its co-branded card with Amazon, according to an analysis of RBI’s January numbers. ICICI Bank accounted for 2.41 lakh of the 13 lakh new credit cards added in January 2022. With this, […]
Info Edge Ltd, the parent of Naukri.com, has bought a 76% stake in dating app maker Aisle Network Pvt Ltd for Rs 91 cr. Aisle Network operates several dating websites, such as Aisle, Anbe, Arike and HeyDil, catering to various languages and states such as Malayalam, Hindi and Tamil. The company is based in HSR […]
