Rakesh Jhunjhunwala

One of the best things about him was that he wanted people, his friends, and the masses at large, to make money, writes Raamdeo Agrawal of Motilal Oswal Financial Services

Rakesh Jhunjhunwala: The Bull of all seasons

Business Standard

<I>Raamdeo Agrawal</I> on companies that create wealth for shareholders. 


Wealth creators

Why does India sell one million motorcycles in a month? Why does the demand for cars in the country grow by 30 per cent and the same for Maggie noodles rise by 25 per cent annually? And, why has India become the fastest-growing cellphone market in the world? This is because India is moving from being a trillion-dollar economy to a two trillion-dollar one in the next six years.

Raamdeo Agrawal: A trillion-dollar opportunity

India is a highly energy-dependent country. The recent crash in the price of crude oil by 30 per cent to $90 a barrel has changed a lot of things. I hope this is more permanent in nature and not temporary. India will see coal imports rise, but coal prices, too, have fallen. The world is also saying we cannot bear high energy and commodity prices. Somewhere in the commodity markets, a fundamental change has taken place. From a sellers&rsquo; market, it has become a buyers&rsquo; market. Part of it is also because of large discoveries of shale gas in the US.

Time to build a quality portfolio

Shivakumar said that the Gruhalakshmi scheme has brought a significant socio-economic change in poor and middle-class families

DK Shivakumar

CEAT announced that it has approved an investment upto Rs 2.57 crore by way of right issue of equity shares of its wholly owned subsidiary, Tyresnmore Online (Tyresnmore).

Markets Today LIVE: Indian markets are likely to open higher tracking gains on Wall Street boosted by a rally in tech stocks and reports that Donald Trump's tariffs regime might be more moderate

Market, BSE, NSE, NIfty, Stock Market, investment

Israel and Hamas once again appear to be inching toward a ceasefire that could wind down the 15-month war in Gaza and bring home dozens of Israelis held hostage there.
Both Israel and Hamas are under pressure from outgoing US President Joe Biden and President-elect Donald Trump to reach a deal before the January 20 inauguration. But the sides have come close before, only to have talks collapse over various disagreements.
The latest round of negotiations has bogged down over the names of hostages to be released in a first phase, according to Israeli, Egyptian and Hamas officials, who spoke on condition of anonymity because they were discussing ongoing negotiations.
Israel wants assurances that the hostages are alive, while Hamas says that after months of heavy fighting, it isn't sure who is alive or dead.
Other hurdles remain.
The first phase, expected to last for six to eight weeks, would also include a halt in fighting, a release of Palestinian prisoners and a surge in aid to the

Israel, Hamas, Israel Hamas flag, Israel Hamas

In a statement, the Brazilian Foreign Ministry welcomed Indonesia for its entry into Brics

Indonesian Flag

From FII selling to fears around HMPV virus, here's why the Indian markets crashed on Monday, January 7, 2025

bear market, stocks, sensex, nifty, loss, growth, crash, index

While HMPV may affect anyone with a weakened immune system, young children and people above the age of 65 are at higher risk

Human Metapneumovirus (HMPV)

The Union Budget for FY 2025-26 assumes significance as it comes on the back of lower than expected growth numbers in the second quarter and geopolitical uncertainty

Sitharaman

Health Min says current data shows no unusual surge in influenza-like respiratory illnesses

Covid, Covid in india, india coronavirus case

At 12:20 PM; with a market cap of Rs 51,609 crore, ITI is trading 17 per cent higher at 535.15, the BSE data showed

The number of active investors on the National Stock Exchange (NSE) have jumped 44 per cent over the past one year to 47.9 million at the end of September 2024. The surge in active clients is underpinned by the rally in the markets, with the Nifty 50

In response to the worsening air quality, the Commission for Air Quality Management (CAQM) announced the reimplementation of stricter pollution control measures under Grap Stage III

Delhi Air Pollution

Chief Minister underlined transparency and efficiency in recruitment processes, which have been pivotal in meeting the expectations of job aspirants

Bhajan Lal Sharma, Chief Minister, Rajasthan

As day 2 progressed in Sydney, Bumrah was seen going off the field just before lunch and was seen in training gears.

Jasprit Bumrah

President-elect Donald Trump has expressed frustration that flags will be flying at half-staff when he takes office later this month.
It's an action put in place by President Joe Biden to honour the late President Jimmy Carter, who died Sunday at 100. It's not a timeline that Trump can do anything about  until after he takes office.
Here's what to know about why flags are lowered when a president dies, who can issue that order and how long the process lasts:
Why are US flags being flown at half-staff?
On Sunday, Biden ordered that US flags be flown at half-staff in honour of the late former president. It's an honor that indicates that the country or a state is in mourning.
The US flag code lays out parameters for lowering the US flag to half-staff, including a 30-day period for current or former presidents to cover flags at federal government buildings and their grounds, as well as at US embassies and other facilities abroad, including military installations and vessels.
Flags ca

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Pudukkottai district is known for having the highest number of vadivasal (entry points for bulls) and hosting the most Jallikattu events

Bull tamers attempt to tame a bull during the Avaniyapuram jallikattu as part of Pongal celebrations in Madurai (Photo: PTI)

jallikattu

In smaller Indian cities and towns, where opportunities for advancement are few and dwindling, the nounis emerging as something of a social and cultural phenomenon

Phone, social media, mobile phones

Travel booking major OYO has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines effective this year whereby unmarried couples will no longer be welcome to check in.
Under the revised policy, all couples will be asked to present valid proof of relationship at the time of check-in, including for bookings made online. OYO has empowered its partner hotels' discretion to decline couple bookings based on their judgment, aligning with local social sensibility, the company said.
OYO has given the directive to its partner hotels in Meerut to ensure this with immediate effect. Based on ground feedback, the company may expand this to more cities, people familiar with the policy change said.
"OYO has received feedback in the past from civil society groups especially in Meerut urging action to address this issue. Additionally, residents from few other cities have petitioned for disallowing unmarried couples to check-in at OYO hotels," they said.
Pawa

OYO, Oyo rooms, Oyo app, Oyo logo

The draft protection rules released by the government create a balance between regulation and innovation while completely protecting citizen rights, Union minister Ashwini Vaishnaw said on Saturday.
The government issued draft rules for the Digital Personal Data Protection (DPDP) Act on Friday for public consultation till February 18.
"Rules have to be within four walls of the Act. It is within the ambit of the Act passed by Parliament. These rules have been framed to ensure a balance between regulation and innovation while completely safeguarding the rights of citizens," Vaishnaw told PTI in an interview.
The minister said earlier there was only one template available to the world -- the European data protection rule with a high level of regulation. However, Indian rules have attempted to balance the regulation with innovation to safeguard the boom in the innovation ecosystem developing among startups in the country.
He said extensive consultations have been held with the industry

Ashwini Vaishnaw, Ashwini, Vaishnaw

The shooting unfolded in the 1500 block of Harry Thomas Way Northeast, located just 500 feet from the NoMa-Gallaudet U New York Avenue Metro station

Raamdeo Agrawal

Raamdeo Agrawal

Raamdeo Agrawal

Rakesh Jhunjhunwala: The Bull of all seasons

Wealth creators

Raamdeo Agrawal: A trillion-dollar opportunity

Time to build a quality portfolio

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'Pyari Didi' scheme in Delhi on lines of Gruhalakshmi: DK Shivakumar

CEAT approves Rs 2.57-cr investment in Tyresnmore via right issue

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Hurdles remain as Israel, Hamas once again inch toward ceasefire deal

Brazil admits Indonesia as new member of Brics bloc of developing nations

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