SUDEEP JAIN
Up to 1,800% returns! How RVNL, Titagarh, other railway stocks performed in Ashwini Vaishnaw’s last stint
Railway stocks like RVNL and Titagarh delivered up to 1,800% returns in Ashwini Vaishnaw's last tenure. Analysts predict continued focus on power and railways sectors for long-term growth.
IT stocks gain up to 5% led by Wipro, Infosys. Is it ECB impact or something else?
IT stocks contributed to Friday’s massive surge in Nifty. Though Infosys was the top contributor, Wipro held the top spot in terms of percentage gains.
Holiday home demand tapers off as rentals fall
Goa is becoming a first-home market with interest from businessmen and startup founders. Luxury second homes are in demand, especially in locations like Porvorim. Coonoor Estates is developing high-end luxury homes for buyers looking to settle down.
It’s buy-the-dips time; Nifty support at 22,300
Amid high volatility last week, indices retested the support zone at 21,825, which was closer to the previous three swing lows of February, March and April 2024, and after that, witnessed a strong rebound leading to a close above 22,500 with a gain of 2%.
IHG Hotels & Resorts and Brigade Group ink deal for maiden InterContinental hotel in Hyderabad
IHG Hotels & Resorts has partnered with Brigade Group to develop a 300-room InterContinental brand hotel in Telangana, India. The InterContinental Hyderabad Neopolis will be the first InterContinental property in Kokapet, Hyderabad, and will be part of Brigade's mixed-use development project. The hotel will offer five dining options, conferencing facilities, a fitness center, spa, swimming pool, outdoor recreation area, and retail outlet.
FPIs mount bearish bets as risk aversion grows
The long-short ratio of foreign portfolio investors (or FPIs') Nifty futures bets fell to 35.4% on Friday, from about 56% a week ago. The long-short ratio in index futures is a measure of the number of bullish positions versus bearish. A low reading means foreign investors are bearish. The reading was 12.4% on February 28, 2020, when concerns over the spread of Covid had erupted.
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Global hotel chains set for record expansion in India
Radisson Hotel Group aims to reduce driving distances between its hotels in India, planning to have a property within every two hours of driving. Last year, they signed 21 new hotels, with plans to sign approximately 30 annually for the next five years. This period is expected to witness significant expansion by global chains like Marriott, Hilton, IHG, and Wyndham in India.
Metal stocks fire on China data; Hindustan Copper surges 9%
An official factory survey on Sunday revealed that China's manufacturing activity had expanded for the first time in six months in March. The world's largest producer and consumer of copper saw its most-traded May copper contract on the Shanghai Futures Exchange closing day-time trade 1.1% higher at 73,100 yuan ($10,110.79) per metric tonne.
India can easily surpass 500 GW RE target before 2030: Official
India is poised to exceed its 500 GW renewable energy target before 2030, according to Ministry of New and Renewable Energy (MNRE) Additional Secretary Sudeep Jain. India currently ranks fourth globally in installed renewable energy capacity. Jain expressed confidence in surpassing the target ahead of schedule, noting India's track record of exceeding its Nationally Determined Contributions (NDCs). He also highlighted the importance of raising awareness about new technologies, particularly green hydrogen, which plays a significant role in India's net-zero goals.
IHG Hotels & Resorts & K Raheja sign two hotels in Powai, Mumbai
IHG Hotels & Resorts has partnered with Nikhil K. Raheja and Vijayta Raheja to expand its portfolio in Mumbai. The partnership will see the launch of a new five-star brand, voco, and a Holiday Inn Express & Suites property in the city. IHG has signed a management agreement with Saryu Properties & Hotels to convert two hotels in Mumbai into voco Mumbai Powai Hotel & Convention Centre and Holiday Inn Express & Suites - Mumbai Powai.
Have full faith in Dy-EC in-charge of WB: Election Commission after TMC's allegation of bias
In a statement, the poll panel said that all its deputy election commissioners and other officials posted in the commission's headquarters or working in the field are "discharging their duties strictly as per the Constitution of India and the various extant rules regarding the conduct of elections".
TMC demands removal of deputy EC Sudeep Jain; BJP wants TMC netas out of municipalities
Soon after the Trinamool letter, a group of senior BJP leaders including Union Minister Dharmendra Pradhan, party general secretary Bhupender Yadav and Sanjay Mayukh met Election Commission officials in Delhi and demanded the removal of Trinamool-appointed administrators from the state municipalities.
West Bengal BJP to raise concerns regarding political violence with EC
State BJP vice president Pratap Banerjee, who is in charge of the election office set up for the assembly polls, told ET, “Sudip Jain is coming to Kolkata. We will meet him and inform him about our concerns. We have complete faith in the body. The core agenda of the BJP is to ensure justice to the people of Bengal, and it starts with free and fair elections."
EC, MHA discuss forces for upcoming state polls; EC to visit Assam, WB next week
The meeting between the EC brass and home secretary Ajay Bhalla at Nirvachan Sadan came ahead of a visit by the Commission to West Bengal and Assam next week to assess poll preparedness.
Deputy Election Commissioner oversees poll preparedness in Bengal
Sources close to the chief electoral officer in Bengal said Jain, who arrived in the city on Wednesday night, will be interacting with government officials over the next two days.
Senior EC official to visit Bengal to review assembly poll preparedness
Jain is scheduled for a two-day tour during which he might also visit North Bengal, they said.
EC team tells officials to aim for higher turnout in Bihar, enroll all migrants
Bihar saw 56.6% polling in the 2015 elections, with women voter turnout being at 60.5%. The official quoted above said the focus is on ensuring 100% coverage of migrants who had returned and women voters in the voter lists. Lakhs of migrant workers returned to Bihar during the lockdown.
Mizoram government proposes names of 3 IAS officers for CEO's post
The names suggested by the government were -- Lalhmingthanga, H Lalengmawia and K Lalthawmmawia -- the official said on the condition of anonymity.
Portuguese team to visit Mumbai to check on Abu Salem
The development came even as a Delhi court on Thursday jailed Salem for seven years over a 2002 extortion bid on a Delhi businessman.
‘Do Abu Salem’s life terms violate India’s treaty with Portugal?’
Last January, when the 1993 serial blasts trial was still on in Mumbai, Salem had filed a case before the European Court of Human Rights (ECHR) seeking his return to Portugal.
RTI Info raises questions on EVM security
The EC insists that it follows strict protocol to guard EVMs, and once looted, these machines are condemned and never find their way back into the system.
1993 Mumbai blast case: TADA judge nails underworld-terror nexus
The CBI may seek the advice of or inform the ministry of external affairs before it argues next Monday on the quantum of sentence.
Less voter turnout in Tamil Nadu, Kerala and Puducherry compared to 2011
EC Director General Sudeep Jain said that ahead of polling, Rs 24 crore in cash was seized by authorities, which is a record in Kerala.
GoM backs EC proposal to buy 14 lakh EVMs
The GoM, headed by Home Minister Rajnath Singh, is learnt to have sent its recommendation to the Prime Minister's Office supporting the purchase of EVMs in batches.
Get ready to drool: Times 50 Most Desirable Men of 2014
India has voted and chosen the Times 50 Most Desirable Men of 2014. The 20.3 lakh votes received online http:www.itimes.compolls along with our vote on decided the winners.
Pradeep Jain murder case: Court fixes February 25 for Abu Salem's sentencing
A special court will pronounce on Wednesday the quantum of punishment to extradited gangster Abu Salem who has been convicted in murder of Pradeep Jain.
Pradeep Jain's murder was incidental; not pre-planned, says Abu Salem's lawyer
"He was killed only after Jain started dilly-dallying about the payment of extortion money," Salem's lawyer advocate Sudeep Passbola argued.
Ujjwal Nikam seeks death for Abu Salem, defence cites extradition terms
Saying that the case fell in the rarest of rare category, Nikam termed Salem "a contract killer, merchant of death and captain of the ship of underworld".
Delhi Jal Board ordered to stop using metal pipes
A trial court has directed it to stop using metallic pipes saying they are prone to corrosion and can have serious health hazards.
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