Entertainment

[ad_1] Goldman Sachs has a ‘buy’ recommendation on Trent with the target price at Rs 6,970. Analysts said the company’s margins came in better than expected by them. They said while the weak gross margin possibly indicated higher than usual discounting during the end-of-the-season sales, operating costs were well below estimates, leading to an operating margin expansion.Some operating costs in the Jan-March quarter were unusually low. Also, the management mentioned that the full year profitability is more representative of the business.Motilal Oswal Financial Services has put a ‘buy’ rating on Varun Beverages with a target price of Rs 665. Analysts believe the company maintained its volume growth trajectory in the domestic market and its expansion in international markets, with the integration in South Africa progressing well. Management is confident about its double-digit growth guidance on the back of industry tailwinds […]

[ad_1] NEW DELHI: BJP on Thursday hailed the Centre's decision to include caste enumeration in the next census as evidence of the NDA's commitment to social justice, asserting that it exposed the contrast between the Modi govt's genuine efforts and Congress's hollow rhetoric.At a press conference, Union minister Dharmendra Pradhan, a prominent OBC face of BJP, called the caste enumeration a "gamechanger decision" and recounted instances when Congress opposed reservations.He accused Congress, particularly its 'first family', of hypocrisy on social justice, saying members of the Nehru-Gandhi family have opposed reservations, starting with the first PM who wrote to CMs to oppose caste-based quotas. "It became a practice with them. Indira Gandhi did not act on the recommendations of the Kalelkar committee for extending reservations to OBCs, Rajiv Gandhi opposed the recommendations of the Mandal commission, and Sonia Gandhi and Rahul […]

[ad_1] NEW DELHI: Congress Thursday said PM Narendra Modi had last year dubbed Rahul Gandhi's demand for a caste census an "urban naxal mindset", poking fun at BJP functionaries for taking credit for the govt decision to count caste in the much-awaited decennial census. It said the central govt has not clarified the timeline for the census, which is overdue for five years, saying the Prime Minister has given "headline without deadline" which is a "diversionary tactic", reports Subodh Ghildiyal.The CWC will meet on Friday to discuss the govt decision on caste enumeration, and may pile further pressure on the govt over its demands linked to the issue, besides amplifying the point that the BJP regime buckled under Rahul's pressure. The CWC will also discuss the Pahalgam attack.Congress president Mallikarjun Kharge said RSS and Jan Sangh have been opposed to […]

[ad_1] Ajay Devgn’s much-awaited film ‘Raid 2’ hit the big screens on 1 May and took a good start at the box office. The crime drama, which sees Devgn return as honest IRS officer Amay Patnaik, pulled in impressive numbers despite tough competition from other big releases.Raid 2 Movie ReviewStrong Opening for ‘Raid 2’As per early estimates shared by Sacnilk, ‘Raid 2’ earned around Rs. 18.25 crore on its first day. The film had a decent turnout in cinemas, with about 34.36% overall occupancy across India. Morning shows saw a slower start with 21.23% occupancy, but things picked up by evening and night, with crowds filling 42% of seats by the end of the day. This solid opening sets the stage for a strong weekend, especially if word-of-mouth remains positive.Ajay Devgn Returns as Amay Patnaik‘Raid 2’ is a sequel to […]

[ad_1] NEW DELHI: Pakistan Prime Minister Shehbaz Sharif and President Asif Ali Zardari have pledged a "befitting response" to any act of aggression amid rising tensions with India in the aftermath of Pahalgam attack that killed 26. In a meeting held on Thursday, first time since the attack, the leaders said, "Pakistani nation is united and stands behind its armed forces, who are capable of responding to any threat or aggression." Sharif also spoke to Qatar’s Amir, Sheikh Tamim bin Hamad Al-Thani, Radio Pakistan reported, during which he reiterated Pakistan’s offer to cooperate in a “transparent” investigation into the terror attack.This came after Union home minister Amit Shah vowed to take strong action against the perpetrators of the attack. "Whoever has carried out the dastardly attack in Pahalgam, we will not spare anyone. We will hunt down each and every […]

[ad_1] Chandra Holt (L) is now at the center of a corporate scandal involving her former Walmart colleague, and reported former romantic partner, Ashley Buchanan(R). Chandra Holt, once considered one of the most promising executives in American retail, is now at the center of a corporate scandal involving her former Walmart colleague, and reported former romantic partner, Ashley Buchanan. Buchanan was fired this week as CEO of Kohl’s after the company accused him of engineering a vendor deal riddled with “undisclosed conflicts of interest.”According to a filing with the US Securities and Exchange Commission, Buchanan directed Kohl’s to enter into a multimillion-dollar contract with a vendor that allegedly had “highly suspicious” and “favorable” terms. The filing did not name the vendor or the individual involved, but The Wall Street Journal identified the woman as Chandra Holt.Holt respondsIn a statement to […]

[ad_1] NEW DELHI: In a relief from intense heat, Delhi and the national capital region (NCR) witnessed dust storm accompanied by heavy rainfall and thunderstorm on early Friday morning.Delhi recorded a minimum temperature of 26.8°C, 2.1°C higher than the seasonal average. The weather office predicted thunderstorms with rain, and the maximum temperature is expected to reach around 37°C. [ad_2] Source link

[ad_1] NEW DELHI: Apple CEO Tim Cook on Thursday said that most US iPhones would be "sourced" in India amid rising tariff tensions between the States and China.He said he expected a "majority of iPhones sold in the US will have India as their country of origin."He noted that trade tariffs targeting imports from China—where Apple manufactures many of its iPhones—could cost the company as much as $900 million. He, however, said that the exact impact of the tariffs remains difficult to predict. Despite trade pressures, Apple posted stronger-than-expected earnings for the first three months of the year, with Cook noting that tariffs had only a limited impact on the company’s fiscal second-quarter results.It reported solid earnings for the first three months of the year, posting a 4.8% increase in profit to $24.78 billion, or $1.65 per share, up from […]

[ad_1] MUMBAI: When HDFC began offering home loansin the late 1970s, credit was a privilege, accessed cautiously and late in life. A large downpayment was a prerequisite, and only those in their 40s, with years of savings, could typically afford to borrow.Today, credit is accessed much earlier and more casually, with a growing number of Indians starting their credit journey in their mid-20s.The average age at which Indians avail their first credit product has fallen by 21 years across three generations, a study by Paisabazaar showed. K Cherian Varghese, former chairman of Corporation Bank, who began his banking career five decades ago says that the ability to borrow is directly linked to the size of disposable income. "Personal loans are taken either to finance purchase of some asset like home loan or for consumption. In the 70s, the disposable income […]

[ad_1] NEW DELHI: Navy has further intensified its muscle-flexing against Pakistan by issuing another warning for ships to stay away from specified coordinates in the northern Arabian Sea due to its firing drills, as the exchange of small arms fire continues unabated between the rival armies along the Line of Control in J&K.The "NavArea' warning for the specified zone off Gujarat till May 3, incidentally, is just around 80-85 nautical miles from where the Pakistan Navy is undertaking its own drills in the Arabian Sea. "We have made it clear that if any warship or ship enters that zone, she will do so at its own peril," an officer said.Navy chief Admiral Dinesh K Tripathi took stock of his force's operational readiness during a visit to the Western Navy Command in Mumbai Thursday. The review came even as Navy has […]