Wellness Financial News

Abhishek Sharma and Riyan Parag and pace sensation Mayank Yadav are likely to get their maiden Indian team call-up for the upcoming T20I series against Zimbabwe, as per sources. India will be touring Zimbabwe for a five-match T20I series following the conclusion of the ongoing ICC T20 World Cup. The series will start on July 6 and go on until July 14 with all matches taking place in Harare. The sources added that the series will witness a lot of senior players being rested as well.

Birla Estates Pvt Ltd on Monday said it has acquired a 16.5-acre land parcel in Pune to a develop a housing project with an estimated revenue potential of Rs 2,500 crore. Birla Estates is a 100 per cent wholly-owned subsidiary of Century Textiles and Industries Ltd and the real estate venture of the Aditya Birla Group. The company said it is expanding its presence in Pune with a land acquisition in Manjri, Pune. «The land parcel is spread across 16.5 acres with a development potential of approx. 32 lakh sq ft and an estimated revenue potential of Rs 2,500 crore,» a regulatory filing said.

initial public offer (IPO) of luxury furniture maker Stanley Lifestyles was booked 3.2 times so far on the second day of the bidding process. The issue closes tomorrow. The categories reserved for NII and retail investors were subscribed over 4 times, respectively. The QIB portion of the issue was booked at just 30%.

Nilesh Shah, MD, Kotak AMC, says many people depend upon their next generation and become a burden on them. It is important that we create financial security for every Indian through capital market participation whereby they can generate real return. How can you make a country rich when 93% of savings went into either below inflation or inflation return products? Only 7% went into above inflation return products. We have to ensure that the 7% keeps on increasing and Indians become wealthy.

Non-Resident Indian (NRI) investors. The NDA's consistent emphasis on economic reforms, infrastructural development, and ease of doing business has historically resonated well with the investor community.This new tenure promises to build upon these foundations, potentially offering numerous opportunities for NRI investors.

₹1721.85, more than 4% higher on Monday over the previous close of ₹1645.15 on the BSE , however gained further to touch highs of Rs1818.20 , marking more than 8% gains.Also Read- JSW Energy stock hits new all-time high as subsidiary wins 300 MW wind-solar hybrid projectThe Garden Reach Shipbuilders share price is only slightly short of all time highs of ₹1904.55 it had scaled a few days back.The Garden Reach Shipbuilders share price having risen more than 200% in last one year has given Multibagger returns to the investors. Notably Garden Reach Shipbuilders share price has gained more than 106% year to date also.The investor confidence remains strong on the Defence Sector companies looking at the country's Make In India Initiative.

As a football enthusiast, I find the sport exhilarating. It demands patience, persistence and timing. Its unpredictability adds to its allure.

Jaishankar held «productive and deep» conversations with his United Arab Emirates counterpart Abdullah bin Zayed Al Nahyan on India and UAE's «ever-growing» comprehensive strategic ties and discussed regional and global issues. Jaishankar, who was in the UAE on Sunday, visited the iconic BAPS Hindu Mandir in Abu Dhabi and participated in the 10th International Yoga Day celebrations before meeting Al Nahyan. «Very pleased to meet UAE FM @ABZayed today in Abu Dhabi,» he said in a post on X after meeting his UAE counterpart. «Productive and deep conversations on our ever-growing Comprehensive Strategic Partnership. Appreciated the discussion and his insights on regional and global issues,» he said.

Edited excerpts from an interview: How does the equity capital market and M&A landscape look like to you? India is rapidly emerging as a top contender in global equity capital markets. The Indian equity markets have delivered consistently about 8-10% USD CAGR returns over the last 20 years. This momentum has strong tailwinds thanks to the strong macroeconomic environment, earnings growth trajectory, and equity market inflows especially from domestic mutual funds (MFs).

OpenAI, the startup behind it, that seized the business world’s attention. But, as usual, big tech is back on the front foot. Nvidia, maker of accelerator chips that are at the core of generative artificial intelligence (AI), is now duelling with Microsoft, a tech giant of longer standing, to be the world’s most valuable company.

Philosopher George Santayana said the world is in “perpetual caricature" of itself because, every moment, it is presented with a contradiction of what it is pretending to be. This holds especially true even for the knowledge universe, where an eternal cycle of conflicts and contradictions ensures that the graveyard of old ideas is always full, leaving behind a vacuum for new ideas to take birth. This never-ending sequence becomes the source, the wellspring, for renewal and endless optimism.

Ajay Bagga, Market Expert, says the size of the order flow has started coming down in IT because companies are not willing to give very long-term orders or very large orders given the way AI is disrupting the entire industry. But within the next one year, we will start seeing the first case studies coming out where Indian IT companies will start enabling the hardware gains to come into actual industries via some software and that is where Indian IT will start scoring. Probably, we can wait it out for three months more. Do private banks and the underperforming ones seem to be the only value zone in the market right now?

Brookfield Asset Management Inc. is aiming to more than triple investments in India’s renewable energy sector to over $10 billion in the next three-four years. It’s also looking at acquisitions in the segment besides exploring opportunities in electric vehicles (EVs) and green hydrogen. Brookfield is the second-largest investor in India’s green energy assets. “In terms of size and scale, we are close to $3 billion AUM (assets under management),” Nawal Saini, managing director of Brookfield’s renewable power and transition group, said in an interview. “We think this will be well over $10 billion in the next three-four years as we deploy more capital in just these existing platforms.”

The U.K. general election is nearly two weeks away

American Express will acquire the dining reservation and event management platform Tock from Squarespace for $400 million cash

France on Sunday to protest against Marine Le Pen's far-right National Rally, as polls indicated the party could win the upcoming parliamentary elections. About 200 women's rights groups and unions organised the marches in dozens of cities, including Paris, saying women's rights come under attack when countries are governed by far-right parties. In Paris, more than 10,000 women demonstrated peacefully, organisers said.

Mint on condition of anonymity that the demand-driven model in question has created conflicts in terms of how government bodies pursue space missions. “No global space economy has ever been successful without the government being the primary customer for public as well as private sector firms. In India, government departments and agencies under various ministries are conflicted regarding the allocation of funds to Isro, which is creating this said demand shortage in the market.

Junaid Khan, whose debut film "Maharaj" premiered on Netflix after the Gujarat High Court lifted an interim stay on the film's release The period drama, backed by Yash Raj Films (YRF), is based on an 1862 libel case involving a Vaishnavite religious leader and social reformer Karsandas Mulji. «I cannot explain in words what I'm feeling right now. 'Maharaj' has been a long and wild journey for me, but all's well that ends well I guess,» the debutant actor said in a statement issued on Saturday. The Gujarat High Court on Friday observed that «Maharaj» did not target the Vaishnav Pushtimarg sect as alleged by its members, who had filed a petition against the release of the film, claiming that it hurts religious sentiments. The film has nothing objectionable or derogatory, the court said after watching it, and allowed its release on streaming platform Netflix.

BJP of ruining the future of the youth, Samajwadi Party chief Akhilesh Yadav on Sunday said the country's examination system has been completely ruined and handed over to the copying mafia. The former Uttar Pradesh chief minister said the government does not have the ability to conduct even a single examination transparently. «The BJP government has ruined the future of the youth. The education and examination system has been completely ruined and handed over to the copying mafia,» he said in a statement issued by the Samajwadi Party. Yadav said the government is steeped in corruption.

paramilitary force Frontier Constabulary in Pakistan-occupied Kashmir (PoK) which was rocked by protests last month, during which several people were killed. As many as six platoons of the paramilitary force will be deployed in the region for three months, Geo News reported. The decision to deploy the Frontier Constabulary comes a day after Pakistan announced to launch a major new operation against terrorism with a renewed commitment. The protests, against inflation and high electricity prices, were led by the Jammu Kashmir Joint Awami Action Committee (JAAC) and had traders at the forefront in most parts of the region.

will take cues from trading activity of foreign investors and global trends this week with benchmark equity indices likely to face volatility amid the scheduled monthly derivatives expiry, analysts said. Moreover, factors such as the progress of monsoon and Brent crude oil would also dictate investors' sentiment during the week. «This week, sector-specific movements are anticipated amid budget-related buzz. Key factors to watch include the progress of monsoon, which will be closely monitored for its near-term impact on investors' confidence.