Asin, known for Ghajini, married Rahul Sharma in 2016, with Akshay Kumar playing a key role in bringing the couple together, as revealed in a recent interview with Rahul.
Most of the founders of unicorn Zetwerk have two things in common: they studied at IIT or worked at ITC. Founded in 2018 by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma and Vishal Chaudhary, Zetwerk is a manufacturing platform connecting original equipment manufacturers and engineering procurement construction customers across India, North America and Southeast Asia with small and medium-sized enterprises (SMEs). It is present in categories such as fabrication, machining, casting and forging and helps customers in procuring custom products (which are not available off-the-shelf), real-time tracking and project management all the way till delivery. On this episode of Bits to Billions, the founders weighed in on How Zetwerk started, why manufacturing is broken in India, how they plan to fix it, the currency macro environment and why Zetwerk is insulated.
This is the time to pick good stocks and be patient; it will be rewarded in the coming three or four months, say Sharma
Going ahead, pharma, banks and auto sectors are expected to perform well in the small and midcap space, said Rahul Sharma of Equity99.
Following the sell-off in China and tightening government regulations, foreign investors are expected to flow to developing countries especially India, says Sharma.
Technically, the market has seen a lot of “back and forth” action within the 14,500-14,900 zone in the last 7-10 sessions. This could be a way to absorb selling pressure and lay the foundation for a rally in the coming weeks.
Banking stocks which were major laggard in the entire run-up but have now caught up especially Private Banks. We expect BFSI, Cement, Insurance, and Auto to do well in the next one year.
The PLI scheme was introduced by the government in the electronics manufacturing segment on April 1 earlier this year, under the National Policy on Electronics 2019 that aims to position India as a global hub for Electronics System Design and Manufacturing.
The companies preceding Micromax include Samsung, Apple, Microsoft, LG, Lenovo (along with Motorola), Huawei, Xiaomi, TCL and ZTE. Most of these companies have a prominent presence in the Indian market too.
Rahul Sharma said with less than two-thirds of its products are assembled in India currently and full home production now made economic sense given rising Chinese labour costs and a growing network of local suppliers of components.
Micromax, which has grown rapidly since 2008 by selling low-cost smartphones, said earlier this month it would invest 3 billion rupees ($45 million) on constructing new factories and would make more phones in India to cut its dependence on Chinese imports.
The phone- touted as the world's most powerful phone- was earlier planned for a December 7 launch in India. However, as Micromax's co-founder Rahul Sharma puts it, the company plans "to announce something special with Yutopia."
According to a company spokesperson, the company has two devices scheduled for December 17. While one of them will be the Yutopia handset, the other device would not be a smartphone.
Under the deal, Gaana will be available on all Micromax smartphones, enabling users to seamlessly enjoy mobile music, a statement said.
Smartphone handset maker Micromax Informatics on Monday announced a "strategic investment" in ixigo, a mobile travel search and marketplace, as part of its ongoing investments of up to USD 20 million in over 20 startups in the coming year.
The Gurgaon-based firm is looking at picking up stake in as many as 20 companies this year across the globe. It has already picked up minority stake in Bengaluru-based health and fitness company 'HealthifyMe'.
The BCCI said it would not jump the gun and "execute" Rahul Sharma without conducting a proper investigation after the cricketer tested positive for drugs in a rave party in Mumbai earlier this year.
In yet another blow to IPL's image, cricketers Rahul Sharma and Wayne Parnell were found attending a party busted by the Mumbai police.
IPL players Wayne Parnell and Rahul Sharma of Pune Warriors team, who were detained during a raid on a rave party in suburban Juhu, were let off today after collection of their blood and urine samples.
The Mumbai Police busted an alleged rave party at a hotel in Juhu on Sunday night. At least 100 people including 38 women, mostly foreign nationals, were detained.