The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.
The Bad Boy Billionaires series has a lot in common: The three billionaires' hefty ambition, dangerous arrogance and untrammeled power, observes Dhruv Munjal.
This rise was spurred by record kharif sowing - after a good rabi season - that ensured high disposable incomes in rural India.
From being exorbitantly priced to facing stiff competition, Harley was always going to find it tough to crack a market like India, says Dhruv Munjal.
The development comes after the shareholders of Ambadi Investments, the holding company of the Rs 38,100-crore Murugappa Group, voted against the induction of 59-year-old Valli Arunachalam, the eldest daughter of former executive chairman M V Murugappan, into its board.
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.
Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.
The drop was the result of the change in FDI rules, which was amplified by the border standoff between India and China.
Recovery was largely driven by the European Union markets.
The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.
The company signed a JV agreement with Coal India to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027.
Given the relative paucity of cricket this year, Test cricket has emerged as a healer for deprived fans, notes Dhruv Munjal.
Increase in kharif sowing area, good monsoon, rural cash flows and base effect among factors that have driven volumes.
Bhutanese brewery Serbhum is behind Kati Patang, a beer sold by Delhi-based Empyrean Spirits. Launched in Zesty Amber and Snappy Wheat variants in 2018, Kati Patang prides itself on being "brewed with the happiest water on earth".
The dispute arose after Nissan alleged that Tamil Nadu hadn't paid certain incentives under a 2008 agreement to set up a car plant at Oragadam, near Chennai.
Dhoni presently endorses a healthy 25 brands, and found himself in fifth place on the Forbes India Celebrity 100 list last year, with earnings worth almost Rs 136 crore. How much of that is set to change, given that Dhoni has chosen to call time on his international career?
An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.