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Macrotech Developers Ltd. with a target price of Rs 1415. The current market price of Macrotech Developers is Rs 1199.55. Macrotech Developers Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 124477.35 Crore) operating in Real Estate sector.

Sandip Sabharwal, asksandipsabharwal.com, says the Axis Bank stock needs to get re-rated higher. It trades at 1.8 times book while most of the other large private sector banks are more near 2.7 to 3 times. It trades at valuations which are 35% cheaper than HDFC Bank while on most parameters it is doing maybe as well or better in terms of gross NPAs, net NPAs, provision coverage, return on equity across the board. Disadvantage Kotak is turning out to be advantage with good numbers from Axis and the entire PSB bank pack is also holding out very smartly. SBI had a solid 4.25% move, the smaller ones are holding out well. What is it that you have made of the RBI move on Kotak banning addition of credit cards as well as online accounts and Axis numbers as well?

Senior brokerage executives continued to shrug off the potential impact of the Department of Labor’s new fiduciary rule, which many believe may be legally contested by the insurance industry at some point.

interest rate differential between domestic and US sovereign bonds has shrunk to its lowest levels in at least 17 years, an occurrence that textbook theory says should drive foreign capital out of India. Overseas investors, however, are in no mood to shun the world's fastest-growing major economy. If anything, an improvement in India's domestic and external fundamentals, along with events like the inclusion of domestic debt in global bond indices, has prompted foreign investors to pour funds here, a compressed rate differential notwithstanding.

chess prodigy D Gukesh on Thursday thanked the legendary Viswanathan Anand for playing a huge role in shaping his career, saying «I wouldn't have been close to what I am now if it wasn't for him». The 17-year-old Grandmaster scripted history on Monday by winning the Candidates Chess Tournament in Toronto to become the youngest ever challenger to the world title, beating a record created by the legendary Garry Kasparov 40 years ago. The triumph paved the way for Gukesh's clash against reigning world champion Ding Liren of China later this year. «Vishy sir has been a huge inspiration for me and I have heavily benefitted from his academy. I am truly grateful to him and wouldn't have been close to what I am now if it wasn't for him,» Gukesh said at a press conference a few hours after his arrival here to a rousing reception from fans and schoolmates.

financial services — in employing women in key managerial personnel (KMP) roles across the top 200 BSE-listed companies. While female KMPs in the financial services sector were all professional leaders, in pharma, they were promoters, according to data from FY23 collated for ET by executive search firm EMA Partners India. However, Indian companies continue to struggle to have a better gender balance when it comes to KMPs. According to the Companies Act, KMPs are the CEOs or managing directors, chief financial officers, company secretaries and wholetime directors.

Politicians try to catch a wink in between their busy schedules. But recently Raju Waghmare, a former Congressman who is now in Shiv Sena, dozed off right in the middle of a press conference addressed by Neelam Gorhe in Shirdi. A little later, Gorhe sternly asked him in Marathi ‘utha atha’ (wake up now) and Waghmare was jolted out of slumber. There’s a lot in a name

Hilton portfolio, and the chain expects to achieve that same level of success in the India market in the coming years, Chris Silcock, president, global brands and commercial services at Hilton told ET in an interview. Silcock said the chain is 'exceptionally' bullish on the sector and that is supported by its results. «Last year was a record year for us in signings and we added more rooms to our portfolio on a global basis in Q4 than in any year in over 100 years of our history,» Silcock said. «We opened over 130 hotels in Q4 of 2023 and we now have a pipeline of over 3,000 hotels, and half a million rooms. So, on a global basis, we feel very bullish.» Hilton aims to have 75 trading and in-pipeline hotels in India by 2027. It operates 26 hotels in India and there are 20 more in the pipeline.

Bajaj Finance, IndusInd Bank, Tech Mahindra among 38 companies to report Q4 earnings on April 25 While Joshi did not delve into the specifics of how the margin target would be achieved, Rohit Anand, Tech Mahindra’s chief financial officer, said the company is planning “cost-saving exercises to stabilize the margin by next year, before growing further by FY27". To be sure, the company’s margin was 6.1% in FY24—the worst among the top six IT services firms. According to Joshi and Anand, Cost-saving initiatives will amount to reducing expenses by $250 million per year to reach its margin target.

husband has no control over his wife's 'stridhan' (woman's property) and while he may use it during the time of his distress, he has a moral obligation to return it to his wife, the Supreme Court has reiterated while directing a man to pay Rs 25 lakh to a woman in return for her lost gold. The woman in this case claimed that 89 sovereigns of gold were gifted to her by her family at the time of marriage. Additionally, after the wedding, her father gave a cheque for Rs 2 lakh to her husband. According to the woman, on the first night of their marriage, the husband took custody of all her jewellery and entrusted the same to his mother under the garb of safekeeping. She alleged that all the jewellery was misappropriated by the husband and his mother to discharge their pre-existing financial liabilities. The Family Court, in 2011, held that the husband and his mother had indeed misappropriated the appellant's gold jewellery and that she was entitled to recoup the loss caused to her by the said misappropriation.

intelligence is a great privilege and wonderful blessing. But, points out HH The Dalai Lama, if you choose to use that intelligence to further your fears, hatred and anger, then the very intelligence that is a unique attribute can turn into an instrument of destruction. We cannot blame intelligence for our wrongdoings. This is so similar to technology that works like magic. Technology itself is neutral; how you use it, for what purpose and for what end, makes it good or bad, positive or negative. We cannot blame technology for nuclear war threats, for designer babies, for plastic that is now threatening our lives, for global warming and so on. It all boils down to intention. Why do we do what we do, for what end? Can the means justify the end or vice versa? Who decides what is good and what is bad? A simple test is that anything that encroaches on another's rights, anything that adversely impacts health, anything that ruins the environment, cannot be good. Whatever adds value to life, what makes people happy and spreads loving kindness cannot be bad.

Supreme Court recognised the fundamental right of all citizens to be free from adverse impacts of climate change. This was in the context of a plea by environmentalists to protect the great Indian bustard from encroachment of its natural habitat by companies building wind and solar farms for expanding India's capacity for RE. Meanwhile, a political controversy has flared up on the question of whether private property belongs only to its present owner and his or her inheritor(s), or should return to the public with owner's demise. At the same time, a nine-bench of the Supreme Court is re-examining its interpretation in 1978 of constitutional rights to private versus public property. Here, too, the question is about the fair redistribution of wealth in society. These cases before the court point to fundamental questions about rule of law in a democracy. In a 'true' democracy, every human — whether she or he is wealthy or not, or having formal higher education or not — has an equal vote with others, and all voices must be heard while framing laws.

The BEFE coin is gradually becoming the most talked about meme coin project in the crypto market right now. Especially now being a time when small crypto projects are in high demand from investors looking to secure a future profit. BEFE coin’s rise to glory lately has been driven primarily by the potential it has been showing as the meme coin to give investors bigger profits. Although It has been living up to the hype in the last 6 weeks, most investors are still confused about what’s driving the BEFE coin price . However, most of this confusion is just to confirm that the same factor that has driven the price in the past can still drive it in the future.

Congo’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into supply chains

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Mumbai, April 24, 2024 - So many organizations have jumped on the generative AI (GenAI) bandwagon in the last year, but are those efforts delivering results yet? If the organization uses the SAS® Viya® data and AI platform, the answer is a resounding yes. Infused with large language model (LLM) orchestration strength, SAS Viya is already helping customers accelerate efficiency and productivity.

Also read: Centre to soon bring amendments to IT rules to curb deepfakes The company said that complying with the rule would require storing vast numbers of messages for extended periods, which no other country mandates. It said the rule exceeded the scope of its parent law, the Information Technology Act, which does not mandate breaking encryption.

Legislation forcing TikTok’s parent company to sell the video-sharing platform or face a ban in the U.S. has received President Joe Biden’s official signoff

government-in-exile on Thursday called on India and other democratic nations to press Beijing to divulge the whereabouts of Panchen Lama Gedhun Choekyi Nyima and allow an independent fact-finding commission to examine his disappearance in China nearly 29 years ago. The demand was made at a grand event held in this Himachal Pradesh town commemorating the 35th birth anniversary of Choekyi Nyima who disappeared just three days after the Dalai Lama declared the then six-year to be the reincarnated Panchen Lama. A joint statement issued by leading Tibetan leaders called on foreign governments and the UN to direct their ambassadors in China to meet with the 11th Panchen Lama and ascertain his whereabouts and wellbeing.

WhatsApp LLC and its parent company Facebook Inc, now Meta, challenging the 2021 Information Technology (IT) rules for social media intermediaries requiring the messaging app to trace chats and make provisions to identify the first originator of information. Observing that the matter would have to be argued by the parties, a bench headed by Acting Chief Justice Manmohan asked if the issue has been considered in any other country. «There is no such rule anywhere else in the world. Not even in Brazil,» the lawyer appearing for WhatsApp said, adding that the requirement was against the privacy of users and the rule was introduced without any consultation.