Once the go-to safe havens for investors, India’s defensive sectors, FMCG, IT, and Pharma, have stumbled badly this year. But with valuations cooling and earnings stabilising, could these fallen giants be gearing up for a rebound?

Once the go-to safe havens for investors, India's defensive sectors, FMCG, IT, and Pharma, have stumbled badly this year. But with valuations cooling and earnings stabilising,

From Marico to TCS: 10 defensive stocks that could stage a rebound

The deep-tech-focused venture firm plans to raise ₹1,400 crore for its second growth fund to back companies from Series A, betting India's ecosystem is shifting from research to execution

Business Standard

Xiaomi is doubling down on TVs, tablets and wearables in India while pushing premium smartphones, aiming to lift non-phone revenues to the high-20% range

The company announced a compliance plan on Wednesday for Japan's Mobile Software Competition Act, or MSCA, which was passed last year and goes into effect this week

Bloomberg

The effort is part of Google's aggressive plan to make its Tensor Processing Units a viable alternative to Nvidia's market-leading GPUs

Reuters

This achievement is expected to significantly reduce India's carbon footprint, as rail transport emits 89 per cent less CO2 than road transport

The highest court of Belgium -- Court of Cassation-- has rejected the appeal of fugitive diamantaire Mehul Choksi against India's extradition request, while endorsing a lower court's view that there are no grounds for his claims of flagrant denial of justice, torture or inhuman and degrading treatment in India, according to the order released on Wednesday.
Imposing costs of Euros 104 on Choksi, the court upheld the view of the Indictment Chamber of Antwerp Court of Appeal, which had observed that the documentation provided by Choksi was insufficient to make it concretely plausible that he runs a real, present and serious risk of being subjected to flagrant denial of justice or to torture or inhuman and degrading treatment in the requesting State.
The Court of Cassation does not re-examine the facts or decide whether extradition is fair or wise. Its role is limited to checking whether the law was applied correctly, and whether procedural rules and reasoning duties were respected.
If 

As long as the person can fully argue his case on appeal, there is no legal violation, even if the first-instance procedure was imperfect, the apex court in Belgium said

Press Trust of India

ICEGATE enables e-filing and customs payments by traders; RMS automates risk-based scrutiny; and ICES handles backend assessment and clearance workflows at Customs locations

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

Russia-Ukraine War

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Google Messages

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Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

From Marico to TCS: 10 defensive stocks that could stage a rebound

Once the go-to safe havens for investors, India’s defensive sectors, FMCG, IT, and Pharma, have stumbled badly this year. But with valuations cooling and earnings stabilising, could these fallen giants be gearing up for a rebound?

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