Hemendra Kothari, the former chairman of DSP Merrill Lynch, is set to acquire Ambuja Cements' stake in ING Vysya Life Insurance for around Rs 190 crore.
We have a great team and they are quality people with decades of experience. Everyone would like to retain them, says Hemendra Kothari, Chairman, DSP Merrill Lynch.
Sally Holkar left America and made India her home nearly 60 years ago. She went on a mission to revive a dying craft and changed the lives of rural weavers.
The father of teenager Aryan Mishra, who was shot dead allegedly by cow vigilantes in a car chase in Faridabad, is restless with many questions about the death, such as why none of the other passengers in the vehicle were hurt in the attack.
The impact of the explosion led to the collapse of walls and roof of the room where the music system was kept.
The Chhattisgarh police have solved the case of a home theatre music system explosion in Kabirdham district and arrested the former lover of a newly married woman for allegedly planting a bomb in the electronic device with an intention to kill the couple, an official said on Wednesday.
I would say don't look at the market because fundamentally our economy is good and one has to see the economic story of the country and not only the market.
A large number of the civilian awards went to persons from the 'art' category.
Yashaswini Singh Deswal has won the individual silver medal in the junior women's air pistol event after she shot a total of 197.7 points on the second day of the ISSF Junior World Cup in Suhl, Germany.
In 2006, Kothari had sold 48 per cent stake in the company to Merrill Lynch. Kothari will be retiring from the company effective from March 31.
Indian shooters got off to a positive start on day one of the ongoing International Shooting Sport Federation (ISSF) Junior World Cup (Rifle/Pistol/Shotgun), clinching seven medals, including three golds, at Gabala in Azerbaijan on Sunday.
New York-headquartered hedge fund BlackRock Inc has acquired the 40 per cent stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers, in a move that signals the world's fifth largest asset manager's entry into the booming Indian market.
Iran's Sepehr Boroujeni Safari emerged as the surprise gold medal winner ahead of the Indian fancied duo of Gurpreet Singh and Jitu Rai, who settled for silver and bronze respectively in the men's 10m air pistol event at the 8th Asian Air Gun Championship in New Delhi, on Tuesday.
The city unit of the VHP on Tuesday said it would stage protests on the riverfront against the Valentine's Day celebrations, which, the outfit claimed was "against Indian culture".
Hemendra Hazari of Karvy Stock Broking believes that government banks will be impacted by rising bond yield because they have a much higher proportion of investments and their durations are higher too.
'There may be more rebels and they will also face similar action,' Munde said.
The Indian contingent added seven more medals, including five gold, to their kitty on day three of the 13th Asian Shooting Championship, in Kuwait City, on Thursday.
The Ambedkar statue that was vandalised in Badaun's Dugraiyya village on April 8 was repainted saffron on April 9.
Parliament was adjourned on Monday morning after condoling the death of 3 sitting members, including former Union minister Murli Deora.
The woman who had accused environmentalist R K Pachauri of sexual harassment, on Tuesday tore into TERI, saying the "shameful" decision of appointing him as executive vice-chairman of the green body made her "flesh crawl", and resolved to take the case to a logical conclusion.
Incumbent Praful Patel is set to be re-elected unopposed as the president of All India Football Federation for his third term at its Annual General Meeting in New Delhi on Wednesday after the Delhi High Court vacated a stay on the elections of the national sports body on Tuesday.
Sarod maestro Ustad Amjad Ali Khan on Sunday said writers and artistes who returned their awards "are not mad" but pained at the situation in the country, and Prime Minister Narendra Modi should rein in people responsible for it as there is lot of hope from him.
Congress candidate Gabriel Denwang Wangsu won the Kanubari Assembly seat in Arunachal Pradesh in a close contest defeating his lone rival Rongnai Maham of BJP by 885 votes in the October 15 by-poll.
'The service charge is given to the employees as a part of their salary. Now, employees have been calling to negotiate their salaries to balance the loss that they will face personally. In which case, we won't be able to retain some of them.'
Deal with current owner Exide may be signed next week
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Police probe still on; ex-parte stay against sexual harassment panel report and court permission to enter premises help NGO chief
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Sentiment has improved but no progress on GST & ending 'tax terrorism' disappoints.
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