V RESORTS
Festive season: It’s different this time, so be more selective. 25 stocks for investors to watch – and also be watchful about
Do you remember what triggered the decline in the stock market in September 2024? It was the first indication of an economic slowdown. And it came by way of a statement by a senior auto executive who told a TV channel that “the festive season is not panning out as expected”. So, why is the festive season so important? Does it reveal what is happening in the Indian economy? And why is it even more important this time? Which sector and stocks are most dependent on festive season sales? And what changes in light of the GST rate rationalisation? We have some of the answers.
WBSSC teacher recruitment exam, first since SC scrapped 26,000 jobs, underway in West Bengal
The School Level Selection Test took place across West Bengal. This was the first teacher recruitment exam after job cancellations. Around 3.19 lakh aspirants appeared for assistant teacher posts. Security was tight at 636 centres. Candidates from other states also participated. The exam happened after a Supreme Court order.
Section 87A tax rebate can be claimed for short term capital gains income under new tax regime, rules ITAT Ahmedabad
In a significant win for taxpayers, the ITAT Ahmedabad has ruled that Section 87A tax rebate is applicable on short-term capital gains (STCG) under the new tax regime for AY 2024-25. This decision allows taxpayers with total income up to Rs 7 lakh to claim the rebate on STCG, nullifying tax department notices denying such claims. Read more.
Why pay Rs 150 for traffic jams? Supreme Court slams NHAI, upholds Kerala HC order suspending toll
The Supreme Court has questioned the justification of toll collection on Kerala's NH 544, where commuters face 12-hour traffic jams on a stretch meant to take only one hour. The court criticised NHAI's arguments, highlighting that poor road maintenance contributes to accidents and delays. The verdict is awaited, raising concerns about citizens paying for failing infrastructure.
Why should commuter pay toll if stuck in jam for hours: SC
The Supreme Court questioned NHAI about the fairness of toll charges on a severely congested highway stretch in Kerala, where commuters faced 12-hour delays for a 65-kilometer journey. The court was hearing appeals against a Kerala High Court order that suspended toll collection due to poor road conditions and traffic snarls.
Supreme Court urges overhaul of slow adoption process, warns delays push parents to illegal routes
The Supreme Court has pointed out issues in India's adoption process. It finds the system complex for parents. The court urges the government to simplify adoption rules. This encourages legal adoptions over unlawful methods. Many couples face long waits. Demand for children exceeds the number available. A recent case highlights the need for accessible adoption.
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Breaking structural barriers: How women leaders are rewriting rules of leadership
Collaboration, inclusion and diversity are driving change in leadership approach for women and improving outcomes across organisations.
Jagan Mohan Reddy accuses Andhra CM N Chandrababu Naidu of 'undermining democracy' in Pulivendula, Vontimitta bypolls
YSRCP President Jagan Mohan Reddy alleges that Chief Minister Chandrababu Naidu is undermining democracy. He claims Naidu is misusing authority and police power in Pulivendula and Vontimitta bypolls. Jagan accuses TDP supporters of attacks and intimidation against YSRCP leaders and workers. He also alleges polling booth shifts to suppress YSRCP voters. Bypolls are scheduled for August 12.
Probal Sen on why oil prices remain steady despite extra 25% tariff on India for buying Russian oil
Oil prices remain steady despite new tariffs and sanctions on Russia, which exports 4.7 million barrels daily. India's imports from Russia have decreased, increasing logistics costs. Replacing Russian oil is difficult, but OPEC is unwinding supply cuts, creating demand uncertainty. India faces supply and cost challenges, potentially reducing OMCs' GRMs, with the worst case being increased costs, not disrupted flows.
GTA 6 Release date: Why are millions of gamers slamming the upcoming launch?
The GTA 6 trailers have made it evident that Rockstar Games is pushing graphical boundaries to new heights. Viewers dissecting the teasers have identified striking details, from carbonation bubbles in beverages and fingerprint smudges on metal surfaces to subtle muscle movements reacting to character animations, reflecting the game’s visual ambition.
Think ahead about the festive season: 22 stocks whose fortunes are shaped by the festive season; what they say impacts the market
India’s consumption year has two currents: The festive-season (Ganesh Chaturthi to Diwali, typically September–November) and the monsoon (June–September) that shapes rural cash flows and sentiment. For investors, the best opportunities emerge when these currents reinforce each other. Now, the monsoon has been largely normal. Will this result in a better festive season? For all those who have forgotten about the importance of the festive season, just a reminder: In September 2024, the correction in the market started when a senior executive of a two-wheeler company said that festive season sales may not pan out as expected. It was enough for the street to realise the economy might be moving into a cyclical slowdown. The rest is history.
Your Weekend Watchlist: ‘Untamed’, Billy Joel Doc, Shark Week & more streaming picks
Get ready for a weekend packed with new shows and movies. Netflix offers the thriller 'Untamed' starring Eric Bana. Max brings 'Billy Joel: And So It Goes' and the start of Shark Week. Paramount+ has the return of 'Star Trek: Strange New Worlds'. Hulu features new documentaries and action films. Disney+ offers family fun and behind-the-scenes looks at Disneyland.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 25%
Not just this quarter, but for the next couple of quarters only one thing will matter to the street: Earnings. The reason: Valuations, and a phase of readjustment of expectation that is currently underway. It is a healthy trend, and something the street goes through after a phase of euphoria. There are also chances that the markets will be more sector and stock selective as the earnings season unfolds. One more thing, though: Keep an eye on the news flow on China and the tariff wars. These can impact the real business in many sectors. And, finally, as you focus on earnings and the real business, ignore the narrative.
Buy Taj GVK Hotels & Resorts, target price Rs 194: ICICI Direct
Taj GVK Hotels & Resorts Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1148.38 Crore) operating in Tourism & Hospitality sector.
Sebi imposes Rs 85 lakh fine on Orient Resorts, 2 individuals for non-compliance with its directive
In November 2013, Sebi had passed an order directing Orient Resorts to wind up its operations and refund the money of the investors which it had collected through its illegal collective investment scheme.
V Resorts bags the UNWTO Award for sustainable tourism
V Resorts competed with enterprises from Canada, Colombia, India, Italy, Spain, Switzerland and the Philippines.
Hospitality startup V Resorts launches its mobile app
The app offers easy-to-use features like Editor's Choice of resorts, the option to browse through various resort and travel packages.
V Resorts raises $10 million from HNIs
The six-year-old company, which operates over 150 properties in 22 states, has now raised an estimated $14 million in equity financing.
V Resorts CEO Aditi Balbir is addicted to her iPhone
This top boss loves unwinding to ’80s rock.
Buy Taj GVK Hotels & Resorts, target Rs 190: Dharmesh Shah
Buy Taj GVK Hotels & Resorts at a price target of Rs 190 and a stop loss at Rs 157 from entry point.
V Resorts raises $4 m from Seedfund, RB investments
"The travel space is flooded with such aggregators but no player is currently targeting the problem of on-ground experience,” said Aditi Balbir, CEO at V Resorts.
Sasikala likely to surrender before Bangalore court on Wednesday
There was power supply disruption in the area leading to speculation that police disconnected the power supply to force the MLAs to leave the resort.
Sasikala to hold 'key discussions' with party MLAs
She had held discussions with her MLAs at the resort on Saturday and Sunday and stressed the need to stay united to form the government.
Who said AIADMK MLAs are not free? Legislators loyal to Sasikala meet family members outside resort
Sources said MLAs loyal to Sasikala were given complete freedom to move around. A few of them even went out of the resort to visit their family members
V Resorts expands its employee strength, acquihire Techafaqs
V Resorts, a travel solutions company has announced its first acquihire deal with Techafaqs, which is a part of Banyan Netfaqs that publishes afaqs!.
Acknowledge junior employees: Aditi Balbar, Co-founder & MD, V Resorts
My first year at work: After commiting a mistake, I realised the importance of doing one’s homework and taking time to respond.
Boutique resort chain V Resorts eyes 100 properties by 2017
The asset-light company, which manages small resorts with 10 rooms on average, was founded by ISB and Duke University graduate Aditi Balbir in 2012.
Boutique stays chain V Resorts raises $2 million from Seedfund
While Oravel, which operates budget stays under the brand name OYO Rooms, primarily targets the business traveler, V Resorts is aimed at the leisure traveller.
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