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Amnish Aggarwal, Head of Research, Prabhudas Lilladher, says “Asian Paints and Berger a few months back were the most expensive paint stocks globally. That was because of the resilient performance they have been giving and the growth in the Indian market because paints have been a very steady growth segment. But in the current context where a large player is making an entry, while Asian Paints and Berger would not, die out or lose massive market shares, but some advertising, realignment in incentives to distributors in some credit period and some other similar things cannot be ruled out. If that happens, definitely there could be some breaks in the margins or the earning trajectory in the near term.” What kind of impact are you expecting with the entry of Grasim in the paints space and what are you waiting to hear from the management? Amnish Aggarwal: Paints has been a sector where the entry of new players is not happening for the first time.

₹11.11 lakh crore in FY25). Since 2014, the Government of India has accorded significant importance to infrastructural and developmental initiatives. The same is evident in sectors like cement, which have experienced steady growth over the past 5–6 years.

CBSE Class 12 board exam today? If yes, then you may need to follow a different route due to traffic congestion on the usual ones. Delhi Police issued a traffic advisory because vehicular movement will remain affected due to the deployment of pickets or checking at various borders of the national capital. The Central Board of Secondary Education class 12 exams are scheduled to begin today, February 22, with the English paper, the common subject for all streams, be it science, commerce, or humanities.

Cisco Systems, which specializes in both networking and security solutions. Daisy Chittilapilly, India and SAARC president, Cisco told ET that as companies seek to monetize investments made in the 5G telecom infrastructure and harness the insatiable appetite for data to drive India’s announced ascent to the top three of the global economic leaderboard, the company expects New Delhi to become a top revenue-generating market for its suite of products and services.

Rajya Sabha Elections 2024: As many as 41 of the total 56 leaders were elected unopposed to Rajya Sabha on Tuesday. The returning officers declared these 41 leaders winners on the last date of withdrawal of nominations as there were no other candidates in the fray on these 41 seats. Among these 41 leaders were former Congress chief Sonia Gandhi, Bharatiya Janata Party (BJP) chief JP Nadda, Ashok Chavan and Union ministers Ashwini Vaishnaw and L Murugan.

Edmunds answers five of the most crucial questions about buying an EV

Ford Motor Co. and the United Auto Workers union have reached a tentative agreement on a local contract at the company’s most profitable factory, averting the threat of a strike

India is poised to overtake China as the largest member of the World Trade Centers Association (WTCA) in the next five years, its chairman said, underscoring a hitherto circumspect New Delhi's rapid global strides that neatly dovetail into a China-plus-one corporate sourcing strategy aimed at derisking supply chains across the planet. «I would say, particularly in the past 10 years, India's presence on the global stage has become increasingly pronounced,» said John E. Drew, Chairman of the WTCA, an international trade platform that connects more than 300 WTCs in nearly 100 countries. «While India's growth trajectory has been ongoing, its recognition and active participation in major economic discussions alongside China, the US, Russia, and the EU signify its emergence as a significant player in the global economy,» he said. Currently, India has about 40 WTC licensees covering more than 30 cities. According to the real estate developer, a large number of Indian entrepreneurs establishing successful companies in the US, particularly in tech hubs like California and Massachusetts, further strengthened India's influence in global business. «I expect this trend to continue, paralleling the trajectory seen with Chinese entrepreneurship,» he said.

The Employees' Provident Fund Organization (EPFO) is a retiral body which provides retiral benefits like provident fund, employee pension or family pension to the dependents of the employee in case of death. The Employees’ Provident Fund scheme provides that the employer is required to deduct 12% of the aggregate basic wages & dearness allowance and contribute a matching amount. EPFO declares the annual interest on the provident fund accumulations. Employees can withdraw the provident fund accumulations at the time of superannuation.

₹4,100 crore for the next five years from 2021-22 to 2025-26 (15th Finance Commission period). Under the Flood Management Programme an outlay of Rs.

MUMBAI : Fantasy gaming app My11Circle on Wednesday won the race to be an official partner of the Indian Premier League (IPL), bidding ₹125 crore per year for a period of five years. The app from Games24x7 trumped incumbent Dream11, which bid ₹103 crore per year for the partner rights for the cricket tournament. Over five years, My11Circle will pay a total of ₹625 crore for the rights, two officials in the BCCI confirmed.

Delhi Chalo’ march and protests, now in their eighth day. “After the fourth round, the government is ready to discuss all the issues including MSP demand, crop diversification, stubble issue, and FIR in the fifth round. I again invite farmer leaders for talks.

Arctic penal colony where Russian opposition leader Alexei Navalny died last week. Western leaders have expressed outrage at the news from Russian authorities that Navalny, President Vladimir Putin's most prominent domestic critic, had fallen unconscious and died in prison on Friday.

Vladimir Putin's critic Alexei Navalny on 16 February, following which the United Kingdom froze assets of six Russian prison bosses, who were reportedly in charge of the Arctic penal colony housing Navalny. According to media reports, the sanctioned six Russians, including the head and five deputy heads of the penal colony, will also be banned from travelling to UK.

environmental mitigation after Ammonia gas leaked from its sub-sea pipeline at Ennore creek near here in December 2023, state Environment and Climate Change Minister Siva V Meyyanathan said on Wednesday. The government will also consider the next course of action against the factory of the company, Coromandel International Ltd (CIL), after it implements all safety mechanisms recommended by the technical committee and the ratification is done by Tamil Nadu Pollution Control Board (TNPCB), he told the Assembly. The Minister was replying to a special calling attention motion on the gas leak issue moved by several parties which sought the permanent closure of the factory. He informed the Assembly that after a seven-member technical committee submitted a report, the TNPCB served a notice to CIL asking for a compensation of Rs 5,92,50,888 towards environmental mitigation. «The notice was served under section 5 of the Environment Protection Act, 1986, on February 2. The firm agreed to pay the sum,» Meyyanathan said.

According to a letter to shareholders seen by Investment Week, the fund's assets have more than halved over the past five years due to outflows, making the fund «uneconomic» to operate. The proposed merger, which was approved by shareholders last week, would provide «enhanced economies of scale» to the Japan fund, which is managed by Min Zeng. The Japan fund invests in Japanese companies of all sizes, while the Japan Smaller Companies strategy focuses on small to mid-cap Japanese companies. Fidelity hires veteran manger duo following Jeremy Podger's retirement Fidelity Japan fun...

Kylian Mbappé was 14 years old when Real Madrid first brought him in for a tryout—and the club was determined to impress him. Real sent Mbappé’s fellow Frenchman Zinédine Zidane to meet him at the airport. It introduced him to his idol, Cristiano Ronaldo.

Delhi Chalo march on Wednesday. After four rounds of negotiations with the union government failed to yield results, the Shambhu border crossing between Punjab and Haryana looks set for a faceoff between protestors and police forces today morning. The first rounds of tear gas shells were fired by police forces around noon.

Passive income from dividends has become the lifeblood of many investors, and is one of the many reasons why they keep faith in the stock market. Even the father of value investing Benjamin Graham agreed. In his words, “The true investor will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies." The assumption is that companies paying out a slice of their earnings to shareholders typically have a record of strong profits.

The federal government is cutting the amount of financial relief small businesses will receive from carbon pricing revenues so it can increase thesize of the rebate it is providing to rural families.

CBSE Class 12 Board Exam 2024: The Central Board of Secondary Education (CBSE) class 12 exams are scheduled to begin tomorrow, February 22, with the English paper. English is the common subject for all streams, be it science, commerce or humanities. The subject is considered to be among the highest-scoring exams and has the potential to improve the overall Cumulative Grade Point Average (CGPA) significantly.