India’s diversified equity funds bucked the trend in the broader markets to eke out gains in November, as a strong performance by mid- and small-cap shares and sectors such as capital goods supported unit values.
Anyone who keeps a radio turned on in India’s National Capital Region knows that election fever has settled on Delhi ahead of the Dec. 4 state polls. The ruling Congress party, main opposition Bharatiya Janata Party (BJP) and newcomer Aam Aadmi Party (AAP) are betting big on radio campaigning — a medium that reaches millions of people across economic classes and backgrounds.
Legendary comic book writer Stan Lee has someone in mind that he would like to popularize as much as his 1960s co-creation “Spider-Man”: “Chakra, the invincible!” said the 90-year-old Lee, his voice booming with the excitement of a freshman working on his first project.
Best known for his comic book superheroes that have been adapted into big Hollywood movies, veteran American writer Stan Lee is set to make his India debut.
Sharad Devarajan is no stranger to the animation and comic book scene in India. He was responsible for bringing DC Comics, Marvel and the publishing activities of Cartoon Network to the country, and worked with Marvel on an Indian avatar of the Spider-Man in 2004, the first “trans-creation.” Devarajan is also launching a series on Bollywood superhero franchise Krrish.
From yoga and fenugreek powder to mobile messaging, diabetes experts in India are searching for local and cost-effective methods to fend off the disease as it affects ever more numbers of people in the country.
For around a year, Girish Kale was flirting with the idea of buying his dream house. His budget of 3.5 million to 4 million rupees ($56,000-$64,000) wasn’t going to work for Mumbai, where the kind of house the auto industry professional wanted would cost upwards of 10 million rupees.
Kale, who currently lives in a rented flat in Kandivali suburb, turned instead to Pune, a university city 150 kilometres away, with a plan to opt for a so-called 80:20 payment scheme. Such schemes allow the buyer to pay 20 percent of the property’s cost initially and the remaining amount on possession after construction.
Hurt by profit-taking in blue chips, the BSE Sensex posted its worst weekly decline since August as it lost 2.7 percent in a holiday-truncated week.
India’s diversified equity funds posted their best monthly performance since Jan 2012 as the benchmark Sensex scaled record highs in October, with bets on sectors such as banking and capital goods boosting mutual fund returns.