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Anand Tandon, Independent Analyst, says that “the key challenge in IT today is that we are rotating into IT for a lack of other good places. But at the same time, there is no case that has been made that the IT sector is actually going to either perform very well in the near term or that the outlook has improved in terms of the demand side of the equation. ”Which are the top stocks that you like in the auto space?The view on auto is not particularly positive for me.

Walking Dead' and the next season of 'Interview With the Vampire' can resume production despite the ongoing Hollywood strikes after reaching an agreement with the actors' union. The three AMC series are the highest-profile television productions yet to get what's known as an interim agreement from the Screen Actors Guild-American Federation of Television and Radio Artists. The approval was granted Wednesday because the cable channel AMC and production company Stalwart Films are not part of the Alliance of Motion Picture and Television Producers — the coalition of studios the actors are striking against — though they are what's known as «authorized companies» that abide by the contracts reached by the AMPTP. 'The Walking Dead: Daryl Dixon' and 'Interview With the Vampire' will now resume shooting their second seasons. And the deal will allow actors to do post-production work on the first season of 'The Walking Dead: Those Who Live.' No new writing will be allowed on the series because the Writers Guild of America, in perhaps the most significant divergence in strategy with the actors union, has opted not to grant any such agreements. SAG-AFTRA's tactic of granting interim agreements — which have been given to hundreds of films and shows produced outside the major studios so long as they grant actors the terms the union asked for in their last offer before the strike began July 12 — has drawn objections from many union members who feel they're undermining their objectives. Union leaders, while conceding that they did an insufficient job of explaining the strategy at first, have consistently defended it and touted its effectiveness in recent weeks.

In an exclusive interview with ET, Rajeev Menon, President, Asia Pacific (excluding China) at Marriott International said the chain has seen a RevPar (revenue per available room) growth of 35% in India in the first six months of this year compared to 2019. He said the country is a ‘decades long’ growth story.The major hospitality players have seen both demand and margins grow. That doesn’t happen often. Right now, all around the world including India, people are willing to pay more for travel experiences.

mutual fund (MF) houses are busy launching new schemes. At least six MF houses new fund offers (NFOs) will close this month. Navi S&P BSE Sensex Index Fund, Shriram Multi Asset Allocation Fund NFOs will close today, while Quant Teck Fund, Quant Teck Fund, WhiteOak Capital Multi Cap Fund, and DSP Multi Asset Allocation Fund NFOs will close later this month.

Two spinoffs of “The Walking Dead” and the next season of “Interview With the Vampire” will be resuming production despite the Hollywood strikes after reaching a deal with the actors' union

Lil Wayne, Doja Cat and Kelsea Ballerini are set to perform at the MTV Video Music Awards (VMAs) on September 12. Anitta and Tomorrow X Together will also perform, joining artists Demi Lovato, Karol G, Måneskin and Stray Kids. Lil Wayne will perform «Kat Food,» his new single, for the first time at the VMAs after more than a decade. He's nominated for best hip-hop, a category he won in 2008. Doja Cat returns after hosting and performing in 2021. She's up for five awards, including video of the year and artist of the year. Kelsea Ballerini will premiere a performance from her EP «Rolling Up the Welcome Mat (for Good).» It's her first VMA performance. Anitta will perform hits from her latest release, «Funk Generation: A Favela Love Story.» She won a Moon Person trophy last year and aims for another win in the best Latin category. Tomorrow X Together (TXT) will debut a new single with Anitta. They're also nominated for best K-pop and push performance of the year. MTV plans to announce more performers soon. Shakira will receive the Video Vanguard Award and perform as previously announced. Taylor Swift leads with eight nominations, followed by SZA with six; Doja Cat, Kim Petras, Miley Cyrus, Nicki Minaj, Olivia Rodrigo, and Sam Smith with five each. Blackpink, Diddy, and Shakira have four each. The VMAs 2023 will air live from New Jersey’s Prudential Center at 8 p.m. ET on September 12. Fans vote for the awards. The show is executive produced by Bruce Gillmer and Jesse Ignjatovic, with Barb Bialkowski as co-executive producer. Alicia Portugal and Jackie Barba oversee production. Wendy Plaut is in charge of celebrity talent, and Lisa Lauricella is the music talent executive.

TV line-up for 2023 leans heavily on reality shows due to ongoing writers and actors strikes. Alongside this trend, a few new scripted series are making their debut, including NBC's «The Irrational.» Executive producers Arika Lisanne, Mittman, Mark Goffman, Sam Baum and David Frankel helm this drama, which is adapted from the 2008 book «Predictably Irrational: The Hidden Forces That Shape Our Decisions» by Dan Ariely, who also advises on the show's production.

Drake and Travis Scott teamed up on August 29 in Vancouver, Canada, to perform their latest joint track, Meltdown, for the first time. The performance was a highlight of Drake's popular It's All a Blur tour, held at the Rodgers Arena. Originally, the tour was set to feature rapper 21 Savage alongside Drake.

Taylor Swift's concert film «The Eras Tour» is set to be screened in AMC Theaters across North America, including the U.S., Canada and Mexico. The film, which captures the essence of the tour's different eras, will debut on October 13.

energy storage technologies has taken on a relevance that has never been witnessed in the ever-changing environment of renewable energy adoption. Energy storage systems' durability and dependability, a crucial aspect that depends on batteries' toughness, are at the core of the matter.

The competition watchdog’s investigation into Qantas flights has revealed that 15,000 Qantas and QantasLink flights were cancelled between May and July 2022 – more than treble the 4149 cancellations publicly reported by the government over the same period.

Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. The Indian economy reported a strong performance in the quarter ended June on the back of services sector growth, while the government announced a price cut of ₹200 on LPG gas cylinders. Maruti Suzuki is planning to invest ₹45,000 crore to boost production.

NEW DELHI : The Indian economy expanded 7.8% in the first quarter of the current fiscal year on higher government and private capital expenditure and strong services growth, official estimates released on Thursday showed. A Mint poll of 22 economists had estimated the growth in gross domestic product (GDP) at around 7.8%. In the fourth quarter of 2022-23, GDP growth stood at 6.1% against a 4.4% growth rate witnessed in the preceding three months, according to data from the National Statistics Office (NSO).

₹100 crore in Jet Airways in less than 48 hours of the National Company Law Appellate Tribunal (NCLAT) allowing implementation of the revival plans, PTI reported on Thursday. The JCK, the winning bidder for the revival of grounded carrier Jet Airways, has so far invested ₹250 crore in the airline. "With this infusion, JKC has now invested ₹250 crore in Jet Airways and now is only required to fund the remaining ₹100 crores in Jet Airways by September 30, 2023, to take control of the airline," the consortium said in the statement.

In such a scenario, how are serious economists to interpret the National Statistical Office's (NSO) April-June 2023 GDP estimates that were released yesterday? Well, with caution. On the face if it, Q1 growth of 7.8% looks strong, especially when compared to the rest of the world.

Sebi has proposed a performance validation agency (PVA) that will independently verify the claims made by intermediaries including research analysts and investment advisors. The regulator, in a consultation paper floated for public comments, said there has been a demand from registered intermediaries to showcase their performance to investors so as to establish their credibility in the eyes of investors. «In order to address this demand, it is proposed to facilitate registered intermediaries to disclose their performance to investors, while at the same time having checks and balances to protect investors interest against unverified claims,» the paper noted. The proposed PVA will validate the claims related to investment advice, 'buy/sell/hold' recommendations, mutual fund schemes, portfolio management services etc. by Sebi registered intermediaries such as portfolio managers, AMCs, stock brokers, research analysts among others. If formed, PVA will be a wholly-owned subsidiary of market infrastructure institutions (MIIs) or a jointly supported entity by multiple MIIs, whose purpose would be to enable intermediaries to market their products based on validations made by the PVA. The recognition of the proposed PVA would be based on the eligibility of the parent entity, for which the eligibility criteria will be prescribed by the regulator. The Sebi paper said that the performance or claims will be validated by PVA based on specified parameters such as returns, risk, volatility and other suitable parameters as may be decided by industry forum in consultation with the validation agency and the regulator. «PVA will be responsible to maintain confidentiality of the information received by it during this process.

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By Ankika Biswas and Shashwat Chauhan

Narendra Modi on Thursday after meeting18-year-old chess prodigy R Praggnanandhaa and congratulating him on his brilliant performance at the International Chess Federation (FIDE). On social media platform X, Modi said that Praggnanandhaa personify passion and perseverance. The prime minister said, “Had very special visitors at 7, LKM today.

India’s economy has clocked up impressive growth of 7.8% in the first quarter of the current financial year, mainly due to good performance by the agricultural and financial sectors

core sector registered an 8% growth in July, compared with 8.3% in the previous month, as all eight sectors recorded a positive growth for the first time in 14 months, according to data released Friday. While the continuation of government capex (both centre and states) in July led to a strong performance in steel and cement sectors, economists noted that the growth in cement and electricity sector, despite seasonal rains, indicated a progression of economic activity. “Overall, the recovery in the infrastructure industries appears to be ticking off on a pervasive note which bodes well for the private sector capex cycle which Ind-Ra believes is at the cusp of a pickup,” said Paras Jasrai and Sunil K Sinha, economists at Ind-Ra. On Friday, another data released by the government showed GDP growth rising to a four-quarter high of 7.8% on the back of rising consumption and sustained capex. Economists pointed out that a private capex revival was necessary for India to sustain growth momentum.