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Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Container Corporation of India Concor is the dominant player in the CTO business (65% market share) with ~60 terminals. • Revenue from rail transportation comprised 75% of total revenues (rest 4% by road, 13% via handling income, 2% warehousing and 4% others) • Total volumes handled in FY21 were 3.6 million TeU, of which Exim volumes were at 83% of the mix with the rest contributed by domestic containers Outlook We remain positive on the long term growth prospects of the stock and maintain our BUY recommendation. We value the stock at Rs 680 i.e. 18x P/E on FY24E EPS. For all recommendations report, click here Close Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating … [Read more...] about Buy Container Corporation of India; target of Rs 680: ICICI Direct

Sex worker Nagma watches a song video of Gangubai Kathiawadi on her smartphone in Mumbai, India, May 10, 2022. Image: Thomson Reuters Foundation/Roli Srivastava via Reuters MUMBAI — The brothels look brighter, the alleyways are cleaner, and a stirring soundtrack accompanies the protagonists, but a new Bollywood film set in Mumbai’s red-light district has struck a chord with India’s roughly one million sex workers. “Gangubai Kathiawadi” is a biopic telling the story of a sex worker of the same name who went from being a young trafficking victim to fight for the rights of women working in the trade in the 1950s, a battle still being fought today, Thomson Reuters Foundation reported. Many sex workers in Kamathipura (Mumbai’s red-light district) and across India say the film starring celebrated actress Alia Bhatt shows rare understanding of their everyday struggles. “We saw the film carefully, minutely. There have been so many films on women like us, but none that raised these … [Read more...] about Bollywood sex worker biopic resonates in India’s brothels

(Image credit: vineetasng/Instagram) SUGAR Cosmetics CEO Vineeta Singh did not plan to launch a make-up brand. The beauty products market was already crowded with big players and coming from an engineering background, she had no experience with make-up or chemistry. Vineeta Singh, one of the judges on hit startup reality show Shark Tank India, recently took to LinkedIn to answer the question she is asked frequently: How she thought of starting a make-up company. “Well, the answer is that I did not think of launching a makeup brand,” Singh said in response. “I definitely wasn't born with the courage to take on "giants"! I obviously wasn't planning to enter any over-competitive markets.” Singh added that she and her husband Kaushik Mukherjee “started something else” and it failed. “It was our customers who literally took us down this road,” she said. The SUGAR Cosmetics CEO has previously revealed she planned to begin her startup career 15 years ago with a lingerie … [Read more...] about ‘Started something else and failed’: Business lessons from Shark Tank judge Vineeta Singh

An electron microscopic image showing Monkeypox virus particles. Viral disease monkeypox is quickly spreading around the world-- creating concern as countries are still combating coronavirus. The illness causes symptoms like fever, intense headaches and swollen lymph nodes. The disease is endemic to Africa so its spread to other countries, without traceable travel links, has puzzled researchers. Here are the five latest developments related to the outbreak: 1)  The World Health Organization confirmed 92 cases of monkeypox in 12 countries -- Australia, Germany, France, Belgium, Italy, Netherlands, Portugal, Spain, the United Kingdom, United States, Canada and Sweden. "The situation is evolving and WHO expects there will be more cases of monkeypox identified as surveillance expands in non-endemic countries," it added. The global health agency is guiding medical workers and will come up with more recommendations in the coming days. 2) Israel reported its first … [Read more...] about Monkeypox spreads in Europe, Israel reports first case: 5 latest developments

US President Joe Biden (Reuters filepix by Evelyn Hockstein) - A + A SEOUL (May 22): US President Joe Biden, in Seoul before heading to Japan as part of his first Asia trip as president, had a simple message for North Korea's Kim Jong Un: "Hello... period," he told reporters on the last day of his visit to South Korea on Sunday. Biden said he was "not concerned" about new North Korean nuclear tests, which would be the first in nearly five years. But his wry response when asked what message he had for Kim underscored the administration's low-key approach to the unresolved tensions with North Korea. It is a stark contrast with former President Donald Trump's showy threats, summits, and "love letters" with Kim. Neither president's approach has led to a major breakthrough, however, and North Korea has resumed testing its largest intercontinental ballistic missiles (ICBMs), while intelligence reports suggest it is preparing for a new nuclear test. “We are … [Read more...] about Biden says ‘hello’ to N.Korea’s Kim amid tensions over weapons tests

BUTTERWORTH: The move to abolish Approved Permits (APs) for food imports will need to be studied further to ensure it not only benefits the country but also does not jeopardise the local food production industry in the face of a looming global food shortage, says Tan Sri Muhyiddin Yassin. The National Recovery Council chairman and former premier said this policy change should not be done at the expense of local entrepreneurs. “There is a need to have balance. Don’t let them get the perception that the government is not helping them,” he said after attending Penang Gerakan’s Hari Raya Aidilfitri open house at Autocity here yesterday. He said that while the abolition of APs for food imports (excluding rice) is in line with the World Trade Organisation’s stand of not allowing restrictions on food trade, it must not bring any negative effects to the local agriculture and food industries, as there may be an ensuing overflow of imported agriculture and food products into the country. … [Read more...] about Muhyiddin: Food AP policy needs further study

Salil Parekh has been chief executive and managing director of Infosys since January 2018 India’s second largest software firm Infosys said on Sunday that its board has reappointed Salil Parekh as managing director and chief executive officer for five more years starting July, reposing trust in a leader who has turned around the company ever since he took over in January 2018. In a filing to exchanges on May 22, the company said, “The board in a meeting on May 21 approved the reappointment of Parekh subject to the approval of shareholders.” ESOPs to retain top talent The company has also rolled out performance-linked stock units to nearly 100 top executives amid rising attrition. The board has approved a grant of 104,000 shares to six key management personnel and another 375,760 shares to 88 other senior executives in a bid to retain leadership amid a war for tech talent. These performance stock units will be granted under the Infosys Expanded Stock Ownership … [Read more...] about Infosys reappoints turnaround artist Salil Parekh as boss, showers stock options on top execs

Madhusudhan KM Moneycontrol Contributor In the digitally-driven world of today, strategic organisational direction for most businesses is not complete without weaving in a robust digital strategy. The right approach to an effective digital strategy is to first re-imagine business processes and then think about how technologies can help realise them. Thinking of just "digitising" existing business processes, and not overhauling them, would only give incremental benefit, but that won't differentiate them from competitors. For example, for millennial leisure travellers, booking processes could be completely reimagined by allowing one to search for "I have $1000. Tell me where I can go for a nice beach vacation". This is a completely different approach from allowing travel searches based on an origin-destination pair. The latter assumes that the traveller knows exactly where he/she wants to go. The new approach could allow for way more exploration and discovery and an … [Read more...] about Digital transformation – Reimagining businesses with a difference

The software services industry body National Association of Software and Services Companies (Nasscom) on September 18 introduced the second phase of its 10,000 Startups initiative, Accelerate 10X. The Accelerate 10X programme, that aims to catapult the nation's deep tech startup ecosystem onto the next level, will focus on emerging technologies that will catalyse business and economic growth in the future. The artificial intelligence (AI) startup sector saw an increase in funding of over 70 percent in 2017 with natural language processing being one of the major focus areas for investors. Estimates suggest 50 percent of firms in India are implementing AI in their products, Nasscom said. Artificial intelligence has the potential to add $957 billion, or 15 percent of current gross value added to India’s economy in 2035 and deep tech startups will drive this transformation and the broad structural transformation of the economy, it said. In the last five years since its … [Read more...] about Nasscom launches next phase of 10,000 Startups programme

The technology arena has some of the most one of the most lucrative jobs, according to data from job site Indeed. It is also consistent in terms of job growth in the past five years, as last year saw an increase in the number of technology job roles by 31 percent from February 2018 to February 2019. Here are some of the best-paid jobs in the field, according to the website. (Image: pxhere) With technology touching each part of our lives, the human resource (HR) function is no exception, as recruiters and professionals are considering everything, from using video streaming apps for interviews, to using blockchain for verification. At a recent event organised by staffing firm Teamlease Services, participants discussed the different challenges facing HR professionals and the optimum way to utilise technology to keep pace with the times. "Our speakers shared thoughts and touched upon various interesting trends such as application of digitalisation, IoT (Internet of Things) and … [Read more...] about Blockchain, cryptocurrency and the gig economy concerns for HR