Page 494 - BS Premium
LIC's top management set for June reshuffle; govt appoints 2 new MDs
MD & CEO Mohanty's term ends next month
 "LIC's top management set for June reshuffle; govt appoints 2 new MDs")
Easing investment norms: FPIs may take to lower rated corporate bonds
RBI's move to scrap short-term and concentration limits opens doors for FPIs to explore high-yield, lower-rated corporate bonds amid attractive returns and easing inflation
 "Easing investment norms: FPIs may take to lower rated corporate bonds")
Govt needs to reinterpret viability gap funding for building social infra
Public spending on social infrastructure is constrained by the government's commitment to fiscal consolidation
 "Govt needs to reinterpret viability gap funding for building social infra")
Value strategy paying off for Shree Cement, but stock may be fully priced
In FY25, revenue was down 8 per cent, while EBITDA was down 12 per cent and PAT was down 51 per cent YoY. Volumes were flat YoY
 "Value strategy paying off for Shree Cement, but stock may be fully priced")
Fund managers lapped up IT stocks in April after index correction
As per an analysis by Nuvama Alternative & Quantitative Research, companies in the information technology (IT) sector found favour among fund managers following a sharp correction in the IT index
 "Fund managers lapped up IT stocks in April after index correction")
Cash holdings with equity mutual fund schemes soar for a 5th month
cash levels in April surged to 7.2%, the highest since May 2021
 "Cash holdings with equity mutual fund schemes soar for a 5th month")
Cash holdings with equity mutual fund schemes soar for a 5th month
cash levels in April surged to 7.2%, the highest since May 2021
 "Cash holdings with equity mutual fund schemes soar for a 5th month")
Pharma, health care funds: Ignore correction, stay invested for long haul
Sector provides investment opportunity for the long term, according to experts
 "Pharma, health care funds: Ignore correction, stay invested for long haul")
Volume over margins may weigh on automotive firm Eicher Motors earnings
The volume uptick was led by product interventions at attractive price points and brand activation and marketing efforts
 "Volume over margins may weigh on automotive firm Eicher Motors earnings")
Piramal Pharma expects single-digit growth in FY26 amid uncertainties
PPL projects a muted FY26 due to global headwinds but aims to double its India consumer health business turnover to Rs 2,000 crore by FY30 through scale and expansion
 "Piramal Pharma expects single-digit growth in FY26 amid uncertainties")
Singtel to sell 47.6 million Bharti Airtel shares worth $1 bn on Friday
The Singapore-based telco currently holds a 29.5 per cent cumulative stake in Bharti Airtel through direct and indirect shareholding in promoter entities
 "Singtel to sell 47.6 million Bharti Airtel shares worth $1 bn on Friday")
Cognizant says winning large and mega deals regularly helping growth
With 24 large deals won last year and four in Q1, Cognizant says its ecosystem for securing mega contracts is key to regaining a top-four global IT services ranking
 "Cognizant says winning large and mega deals regularly helping growth")
Quick commerce unicorn Zepto starts testing new feature 'Swap & Save'
Zepto's new feature suggests lower-priced alternatives to items in user carts, starting with ice creams, while also announcing Zepto Atom for brand analytics
 "Quick commerce unicorn Zepto starts testing new feature 'Swap & Save'")
Rajasthan to promote religious tourism, ensure development of temple towns
According to Rajasthan government data, the tourism industry has a share of 7.45 per cent in the gross value added (GVA) of the state, and a share of over 11.35 per cent in overall employment
 "Rajasthan to promote religious tourism, ensure development of temple towns")
Datanomics: Pakistan's defence expenditure exceed its IMF bailouts
In 2024, the country received $1 billion under an Extended Fund Facility (EFF) worth $7 billion approved for disbursal over 37 months. The same year, it shelled out $10.2 billion in defence spends
 "Datanomics: Pakistan's defence expenditure exceed its IMF bailouts")
Beyond the bag: How this luxury item is more than just an accessory
India's growing love affair with luxury handbags is not a phase, it's a movement. In boardrooms, at brunches, and across airport lounges, the bag is not just carried, it carries the person holding it
 "Beyond the bag: How this luxury item is more than just an accessory")
Turkish businesses under lens after country backs Pak in clash with India
Reservations for destinations including Turkiye and Azerbaijan have dropped by 60 per cent over the past week, while cancellation rates have surged 250 per cent
 "Turkish businesses under lens after country backs Pak in clash with India")
Govt plans 360 kW charging points along highways for heavy-duty EVs
According to the latest guidelines from the power ministry, minimum charger capacities are 12 kW for e2w and e3w, 60 kW for e4w, and 240 kW for e-buses and e-trucks
 "Govt plans 360 kW charging points along highways for heavy-duty EVs")
Operation Sindoor showcased national air defence capability: Govt sources
India's air defence grid countered the multi-domain threat posed by Pakistan, ranging from hard-to-detect drones to high-speed missiles
 "Operation Sindoor showcased national air defence capability: Govt sources")
Finance ministry considers 10% duty on key telecom gear amid tax disputes
Plans new product classification for items at heart of Samsung, Nokia cases
 "Finance ministry considers 10% duty on key telecom gear amid tax disputes")