Investing in beaten-down high-RoE stocks can be rewarding, says the veteran investor

Raamdeo Agarwal, chairman and co-founder, Motilal Oswal Financial Services

Markets Highlights: Shriram Finance, Bajaj Finserv, Wipro, HCL Tech, and Infosys were among the 23 Nifty50 constituent stocks that ended in the green, with gains of up to 2.48 per cent

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

Greaves Cotton hits 35-monhts high of Rs 232.65, surging 18% in two days after Vijay Kedia-led Kedia Securities bought over 1 million shares of the company via the open market

stocks, markets, investors, growth, funds, investments, brokers

Insurgents' stunning march across Syria accelerated on Saturday with news that they had reached the gates of the capital and that government forces had abandoned the central city of Homs. The government was forced to deny rumours that President Bashar Assad had fled the country.
The loss of Homs is a potentially crippling blow for Assad. It stands at an important intersection between Damascus, the capital, and Syria's coastal provinces of Latakia and Tartus  the Syrian leader's base of support and home to a Russian strategic naval base.
The pro-government Sham FM news outlet reported that government forces took positions outside Syria's third-largest city, without elaborating. Rami Abdurrahman who heads the Britain-based Syrian Observatory for Human Rights, said Syrian troops and members of different security agencies have withdrawn from the city, adding that rebels have entered parts of it.
The insurgency announced later Saturday that it had taken over Homs. The city's capture is a

Bashar al-Assad

In a post on X, Jaishankar said, 'A good conversation with Borge Brende of World Economic Forum in Doha today, discussed the global economic and political scenario'

Borge Brende, WEF CEO, S Jaishankar, EAM

UNCTAD data show that while digitally deliverable services account for 56 per cent of services exports worldwide, that share is just 20 per cent in least developed countries (LDCs)

UNCTAD

This success comes as a relief for the industry after theatres in the country were faced with the challenge of few films working well at the box office

Pushpa 2: The Rule

The ongoing crisis in Bangladesh and subsequent non-arrival of travellers from there has led to a blow to the traders of a particular area in central Kolkata, which is popular among tourists from the neighbouring country for shopping and staying.
A section of those perplexed traders are staring at a void, while others are either looking at new avenues or decided to woo back the Indian customers they have lost in the past.
An estimated 15,000 families are now affected by the situation.
According to a trader, in the past, local customers and tourists from other states in India used to visit these areas for various purposes. They were more or less ignored by the traders and their population gradually dwindled over the years.
"Now there is a big question mark. They don't know what to do they don't know in which direction their business will go since they are dependent only on the Bangladeshis," the National Committee Member of Travel Agents Federation of India (East India), Anil Punjab

India Bangladesh

SKMU's Ayyakannu mentioned that recommendations of MS Swaminathan report for farmers' welfare were not considered during Congress regime, and the same issue persists under BJP government

Farmers Protest, Protest, Farmer Protest

The Competition Commission of India (CCI) on Tuesday said it has cleared Blackstone's arm BREP Asia III India Holding Co VIII's proposed acquisition of stakes in Bagmane Developers and Bagmane Rio.
US-based Blackstone is the world's largest alternative asset manager, with more than USD 1 trillion in assets under management (AUM).
"The proposed combination involves the acquisition of certain stake in the Bagmane Developers and Bagmane Rio (Target entities) by BREP Asia III India Holding Co VIII (Acquirer)," CCI said in a release.
Bagmane Developers and Bagmane Rio are engaged in the business of development, leasing and operation of commercial real estate, hospitality business as well as allied services such as generation of renewable power.
"Commission approves the acquisition of certain stake in Bagmane Developers Pvt Ltd and Bagmane Rio Pvt Limited by BREP Asia III India Holding Co VIII Pte Ltd," the regulator said.
In a separate release on Tuesday, CCI said it approved the propo

Blackstone

Electric vehicle maker EKA Mobility on Tuesday said it has secured two orders worth around Rs 150 crore from the Uttar Pradesh State Road Transport Corporation (UPSRTC) for supply of 70 air-conditioned electric buses.
The orders comprise supply and maintenance of  12-meter 40 and 9-meter 30 AC buses, it said.
These buses will play a key role in enhancing UPSRTC's fleet, the company said.
EKA Mobility said it will also supply chargers to enable smooth operations, adding that both projects include long-term annual maintenance contracts to maintain peak performance for the next 10 years.

electric bus

Zepto's HR head Martin Dinesh Gomez has resigned, following which the company has reoriented the function as Chief Culture Officer and named Chandan Mendiratta for the post.
Gomez has put in his papers in September and is serving his notice period in the firm, a company spokesperson told PTI.
Mendiratta, Chief Brand Officer at Zepto, will now take on HR function and operational responsibility as the Chief Culture Officer, the spokesperson said.
He will be responsible for employer engagement and branding.
The spokesperson denied media reports of company co-founder Aadit Palicha taking over the HR role.
Before Zepto, Gomez was associated with Amazon for over 11 years. He has also worked with Sapient, Accenture, Microsoft and Thomson Reuters.
The Mumbai-based firm secured USD 350 million in funding in November, which included investments from Indian HNIs, family offices, and leading financial institutions.
Earlier this month, Palicha, in an interview with PTI, exuded optimism about

Zepto

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Blackstone gets CCI nod to acquire stakes in two Bagmane Group entities

EKA Mobility secures two order of Rs 150 crore from UPSRTC for e-buses

Zepto's leadership shift: CHRO Gomez exits, Mendiratta takes charge

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Stock Market Highlights: Sensex ends flat at 81,510, Nifty at 24,610; Adani Group shares dip

This smallcap stock up 109% from June low; Vijay Kedia buys 1.2 mn shares

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