Sunday, October 11
This year's Asia Cup hangs in the balance following the recent clashes between tournament hosts India and arch-rivals Pakistan. Already-soured relations between the nuclear-armed neighbours further worsened after four days of intense fighting before a 'understanding' was announced last month. India are scheduled to host the Asia Cup, a flagship event of the Asian Cricket Council (ACC), in September but uncertainty lingers over the T20 tournament. "To be honest, we have had no discussions within the board about the Asia Cup," a top official of the Indian cricket board (BCCI) told Reuters on Tuesday, refusing to confirm whether the tournament will go ahead as scheduled. "We have been busy with the Indian Premier League and then we have India's tour of England. These are our immediate concern
Tyre major MRF has reclaimed its title as India’s highest-priced stock, overtaking Elcid Investments after a steady rally over the past few months. As of June 3, 2025, MRF shares were trading at Rs 1,38,539—a sharp recovery from its 52-week low of Rs 1,02,124 recorded in March.In contrast, Elcid Investments, which briefly held the top spot, is now trading at Rs 1,29,899. The stock has dropped nearly 60% from its record high of Rs 3,32,399.95 seen in November 2024.Elcid shot into the spotlight in October 2024, when its stock price soared during a special call auction conducted by the Bombay Stock Exchange (BSE). On October 29, its price jumped from just Rs 3.53 to Rs 2,36,250—a staggering single-day increase of 66,92,535%.This spike followed a SEBI initiative to discover fair market v
With Q4 earnings and the limited risk of further equity dilution already priced in, global brokerage Morgan Stanley has reiterated its bullish stance on Eternal (formerly Zomato), naming it its top pick in the food delivery and quick commerce space, with a target price of Rs 320 on the stock.The target price reflects the company’s market leadership, strong balance sheet, favorable risk-reward profile, and improved cost structure.In its report, Morgan Stanley said: “We think Eternal offers (a) market leadership in both food delivery and quick commerce; (b) a superior cost structure driving healthy unit economics versus peers; (c) a stronger balance sheet than peers, limiting the risk of further equity dilution; and (d) favorable risk-reward – with a potential floor at Rs 200–220.”
Union Minister for Department of Space, Dr Jitendra Singh, announced on Tuesday that Prime Minister Narendra Modi will inaugurate the world's highest railway bridge, the Chenab Bridge, on June 6. The bridge is part of the Udhampur-Srinagar-Baramulla Railway Link (USBRL) project in Jammu and Kashmir.In a post on X, Dr Singh shared the news, stating, "History in the making... Just 3 days to go! The mighty Chenab Bridge, the world's highest railway bridge, stands tall in Jammu and Kashmir. Part of the Udhampur-Srinagar-Baramulla Railway Link (USBRL). Built to withstand nature's toughest tests. PM Modi to inaugurate the #ChenabBridge on 6th June, 2025. A proud symbol of New India's strength and vision!" The iconic Chenab Railway Bridge, the world's highest railway arch bridge, will be part of
