Czech Republic can be key partner for India's development initiatives, says President Ram Nath Kovind in Prague
The Czech Republic, a manufacturing "powerhouse" with advanced technology base, can be a key partner for India's development initiatives, President Ram Nath Kovind has said, referring to footwear major Bata, a brand with which all Indians have grown up.
The Delhi High Court on Tuesday denied staying summons issued by a trial court in a defamation case against the team of Bollywood movie Jolly LLB 2, including its actors Akshay Kumar and Annu Kapoor, director Subhash Kapoor and producers.
Bata had claimed that a contentious dialogue in the film was a deliberate attempt to tarnish the image of the footwear brand by Akshay Kumar and the makers of Jolly LLB 2
The Bank Index holds the key to the short-term trend in the Nifty. But the index is distinctly bearish after Friday's breach of the support at 9,600.
We have to wait for the Nifty to show us the right direction. While that happens, stocks such as United Spirits, MRF, TCS and Bata come across as candidates for the long-term portfolio.
Nifty is currently at levels where there is no technical justification to consider fresh long or short positions. Unless the Nifty falls below the 6,000 mark, there is no reason to even consider short positions.
The court passed the order on a petition filed by leading shoe manufacturing company Bata alleging the song is defamatory in nature.
Tamal Chakravorty shifts gears to leading IT for consumer retail giant, Bata after eight years of heading IT for Ericsson.
After closing of market hours news flashed that CBI will look into Anil Ambani's role in the 2G scam. Perception of repercussion of the inquiry will see selling pressure in all ADAG group stocks. Reliance Capital being the flaship can see the brunt of the bear attack.