KULKARNIS
Shipping delays and disruptions erode profitability of MSMEs: Ketan Kulkarni, Allcargo Group
Extended transit times can result in increased transportation expenses and potential penalties for late deliveries, further straining financial resources, says Ketan Kulkarni, Chief Growth Officer, Allcargo Group.
ETMarkets Smart Talk: Final Budget 2024 eyed! IT sector is currently a dark horse: Naveen Kulkarni
The policy framework will likely continue if the key personnel remain unchanged. However, if there are significant changes in the cabinet structure, the direction of policymaking could change.
Thousands flock to village in Karnataka for 'wonder pill' to cure asthma
Thousands of people from across the country flocked to Kutaganahalli village in Koppal district to receive a herbal medicine claimed to cure respiratory issues, especially Asthma, prepared by traditional healer Ashok Rao Kulkarni. The medicine, administered during a specific time determined by the lunar calendar, attracted crowds from Karnataka, Maharashtra, and other southern states.
Rural demand theme blooms
Investor money is shifting to defensive shares like FMCG, healthcare, and information technology following the lower-than-anticipated seats for the BJP in recent elections. Marico, Godrej Consumer, Nestle India, ITC, Britannia, HUL, and Dabur saw significant gains. The Nifty and NSE FMCG Index also rose.
eInfochips joins TSMC Design Center Alliance to accelerate semiconductor innovation
The TSMC DCA program focuses on chip-implementation services and system-level design solutions to help lower design barriers for customers adopting TSMC technology.
Caltech professor Shrinivas R Kulkarni bags Shaw Prize for his work in astronomy
Kulkarni is the younger brother of well-known writer and Rajya Sabha member Sudha Murty, and hails from Karnataka. He was born in Kurundwad, near Sangli in Maharashtra and studied at Hubballi.
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Beacon Trusteeship IPO to open on May 28; sets price band at Rs 57-60/ share
Leading debenture trustee Beacon Trusteeship Ltd on Wednesday said it is aiming to raise a little over Rs 32 crore through its initial share-sale opening for public subscription on May 28.
'Gullak' season 4 release date announced: Check plot details, cast
'Gullak' season 4, the beloved family drama series, is set to premiere on June 7 on SonyLIV. Created by TVF and directed by Shreyansh Pandey, the show will continue to follow the Mishra family as they navigate new challenges and experiences in their lives. The season promises a sweet blend of parenting and adulthood conflicts, with familiar faces reprising their roles alongside new additions to the cast.
CCTVs turned off for 45 mins: Supriya Sule expresses concern over Baramati poll incident
On Monday, Supriya Sule posted a short video on X which showed CCTV cameras monitoring the strong room where the EVMs were kept, not displaying any images. Sule claimed that "the CCTVs going off for 45 minutes is suspicious; when we contacted the election department officials and the administration, we didn't get a satisfactory reply..."
ETMarkets Smart Talk: Sensex could go past 80,000 if earnings compound by 12-13% in 2-3 years: Naveen Kulkarni
Naveen Kulkarni predicts market reaching 80,000 with robust corporate earnings. Quality largecaps, which have a higher weight in the index, are likely to perform well as the year passes. Global interest rates will decline while the US Fed remains cautious on inflation. Indian liquidity situatiom may improve. The Q4 earnings have been largely positive with no major surprises.
Dharwad Karnataka Lok Sabha Election 2024 Phase 3: Date, schedule, result, party-wise candidates and other key details
At the forefront of this electoral battleground stand Pralhad Joshi of the BJP and Vinod Asooti representing the Indian National Congress (INC), emerging as prominent contenders in the fray.
Allcargo Group appoints Ketan Kulkarni Chief Growth Officer
Ketan Kulkarni appointed as Allcargo Group's Chief Growth Officer to empower flagship businesses, enhance partnerships, and drive synergistic growth by leveraging the existing network for higher market share and operational efficiency.
Lok Sabha polls: Congress appoints five working presidents and forms 3-member campaign committee in Karnataka
According to a press release, Tanveer Sait (Mysuru MLA), G C Chandrashekhar (MP), Vinay Kulkarni (Dharwad MLA), Manjunath Bhandary (MLC) and Vasanth Kumar have been appointed as the working presidents of the KPCC. The campaign committee comprises chairman Vinay Kumar Sorake (former minister), co-chairman Dr L Hanumanthaiah (MP) and vice chairman Rizwan Arshad (Shivajinagar MLA).
ETMarkets Smart Talk: FY25 is likely to see private banks doing well along with PSU utilities: Naveen Kulkarni
FY25 outlook favors private banks, PSU utilities, Pharma, and IT sectors. While largecaps offer decent value even at current levels, the broader market will likely see tepid returns in FY25.Gold's rise, market momentum, and challenges from political risks, credit crises, inflation highlighted. NBFC and real estate sectors face risks. FIIs may target small & midcap stocks with market correction.
Mumbai win record-extending 42nd Ranji Trophy title
Mumbai secured their 42nd Ranji Trophy title by defeating Vidarbha with a 169-run victory. Despite Vidarbha's resilient efforts, Mumbai's Tanush Kotian's exceptional bowling performance played a crucial role in the outcome of the summit clash.
Rs 7 lakh crore of mutual fund money riding on shoulders of 42 women fund managers
The number of women mutual fund managers remains at 42, managing total assets of Rs 6.66 lakh crore. The representation of women fund managers has marginally declined, but their performance has been impressive, with the majority outperforming their peers.
JSW Group elevates Kaustubh Kulkarni as group head of banking
Kaustubh Kulkarni has been appointed as the Head of Banking at JSW Group, in addition to his role as the Group Head of M&A and Strategic Financing. With over 27 years of experience in banking and finance, Kulkarni will oversee banking relationships across JSW Group's business verticals, supporting the conglomerate's expansion plans.
ETMarkets Smart Talk: It is a 10/10 Budget from Modi govt; Renewable good theme for next 10 years: Naveen Kulkarni
Naveen Kulkarni says, PSUs and Capex-oriented sectors are likely to benefit the most from Budget 2024. PSUs will see lesser supply from the government, and consistent growth in government capex will drive an uptick in capex-oriented sectors. There will not be many tweaks in portfolios, but focus should continue to be value MFs, with some emphasis on large-cap schemes as small caps are getting into an overheated zone.
BJP calls Congress 'anti-Dalit' as row erupts over Pitroda's deleted X post on Ambedkar
The BJP has accused the Congress of exposing its "anti-Dalit" face by endorsing Sudheendra Kulkarni's views that Jawahar Lal Nehru's contribution to the making of the Constitution was more than that of B R Ambedkar. BJP leaders shared a screenshot of Pitroda's deleted post on X, in which he shared Kulkarni's article on the issue and asked Congress leadership if they also support such "anti-Ambedkar" views.
"Congress leadership should apologise, clarify on Sam Pitroda's stand": BSP MP
BSP MP Malook Nagar demands Congress to apologize and clarify whether Sam Pitroda's endorsement of Sudheendra Kulkarni's views is personal or on behalf of the Congress. Sam Pitroda later deleted his tweet supporting Kulkarni.
Karnataka CM Siddaramaiah appoints 34 Congress legislators as heads of state-run boards and corproations
There has been some disgruntlement and growing impatience within a section of the Congress party, with legislators, who could not make it to the Ministry and were keenly aspiring for the key posts in boards and corporations, unhappy about the delay in appointments.
Slight beat in Reliance O2C encouraging; retail numbers good: Naveen Kulkarni
Naveen Kulkarni of Axis Securities PMS says Jio's earnings look good overall, with a slight beat in the O2C business and strong subscriber additions. However, the ARPU number was slightly lower than expected, indicating a need for tariff hikes to improve average revenue per user. The timing of such hikes remains uncertain. In terms of stock expectations, there is a significant upgrade in Jio's earnings, but it is difficult to determine the impact on the market in the short term.
Tata Passenger Electric Mobility plans to launch 5 EVs in next 18 months
Tata Passenger Electric Mobility (TPEM) is all set to revolutionize the electric vehicle market with its advanced electric vehicle architecture, 'acti.ev'. With plans to introduce more than five new products in the next 18 months, TPEM's first offering will be the electric version of its popular compact SUV, Punch, called 'Punch.ev'. This new platform will be the foundation for future vehicles, offering a range of body styles and sizes.
ETMarkets Smart Talk: Power utilities, PSUs could see re-rating; Defence looks overheated: Naveen Kulkarni
Naveen Kulkarni says: "Our learnings from 2023 have been to remain focused on fundamental strengths and invested in the markets. It is not very easy to enter a market at higher levels once you have missed opportunities at lower levels. Thus, time in the market continues to remain the most critical factor. Risk-taking is rewarded in the market when underlying fundamentals are seeing sharp improvement, and vice versa is also true."
Sebi chief deeply regrets failure to de-freeze shares in Kirloskar Industries case
The Sebi's order was challenged in the appellate tribunal, which passed in the interim of December 2020 and stayed Sebi's order subject to an undertaking to the effect that they would not sell their shares in KIL
Mask sales surge as people seek cover from air pollution
The air quality index (AQI) in some cities, especially Delhi, has been "very poor" for the last few days, pushing people to take extra precaution of their health. On Wednesday, the AQI fell back into the "severe" zone, according to readings from the System of Air Quality and Weather Forecasting And Research.
Maruti posts 13% margin. Can Tata Motors and M&M follow?
“It will vary from one company to another company. M&M has a completely different mix of products. M&M, of course, has a very large tractor portfolio and farm equipment portfolio, so that has a meaningful impact on revenues. We will have to wait and watch what exactly the auto companies report in terms of their overall numbers.”
ETMarkets Smart Talk: Israel-Hamas conflict could result in long term inflationary headwind: Naveen Kulkarni
"Geopolitical events have long-term consequences for equity markets, but they are difficult to quantify. These challenges often result in higher inflation, particularly in the form of higher crude oil prices. The crude oil price vector will be critical to assessing the long-term impact. Geopolitical concerns may put pressure on commodity prices, but a strong up-move is unlikely. SIP flows remain strong, and as long as investors focus on their risk tolerance, selecting mutual fund schemes should not be a challenge."
J'khand governor applauds IAS officer and doctor for saving baby onboard Ranchi-Delhi flight
IAS officer Nitin Madan Kulkarni, along with another doctor, came to the aid of a six-month-old baby experiencing breathing difficulties during a flight from Ranchi to Delhi. Kulkarni, who is also a qualified medical practitioner, immediately initiated CPR and played a crucial role in saving the infant's life. The incident highlights the importance of CPR training for all individuals and demonstrates the compassion and preparedness to act in times of adversity.
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