US bank Citigroup on Wednesday announced the sale of its Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans, to private lender Axis Bank for Rs 12,325 crore, as part of its plans to exit retail operations in 13 markets.
Wipro, which gets bulk of its topline from IT services, said it expects revenues from that business to be in the range of $2,095 million to $2,137 million in the March quarter - a sequential growth of flat to 2 per cent.
The downhill slide in the India-Pakistan relationship will suit one party eminently -- the Pakistani military, says M K Bhadrakumar
'Aquaponics can effectively cushion the impact of a calamity like COVID.'
'How can one bring jihad into a relationship? How can one be restricted on the grounds of religion in marital things?'
'Russia is the only country that can act as facilitator for any eventual Chinese-Indian rapprochement,' points out Ambassador M K Bhadrakumar.
Revenue of the Mumbai-based firm grew 6.7 per cent in the quarter under review to Rs 39,854 crore from Rs 37,338 crore in the corresponding period of the last fiscal.
"Fifteen years ago, I was leading the efforts to approve the historic civil nuclear deal with India. I said that if the US and India became closer friends and partners, then the world will be a safer place," Biden, who was vice-president in the Obama administration, said while addressing the Indian-American community on India's Independence Day.
Shringla began his two-day official visit to Nepal on Thursday. He was accorded a warm welcome on his maiden visit to Nepal which is happening at the invitation of Nepal Foreign Secretary Paudyal, amid a strain in bilateral ties following a bitter border row between the two countries.
India and the US also made a strong push for the intra-Afghan peace process to end violence in Afghanistan and ensure that it does not become home to terrorism, and vowed to deepen cooperation in the Indo-Pacific and on COVID-19 response and economic recovery.
Sachin Tendulkar has recently made an equity investment of $2 million in digital entertainment and technology company JetSynthesys. The investment further strengthens Tendulkar's relationship with JetSynthesys, as the two already have an existing joint venture for a digital destination for all things cricket, called 100MB, and immersive cricket games Sachin Saga Cricket Champions and Sachin Saga VR. With this investment, Tendulkar joins the bandwagon of existing shareholders of JetSynthesys, who include Adar Poonawalla, Kris Gopalakrishnan, and the multi-billion-dollar family offices of the promoters of Thermax, Triveni Group, Yohan Poonawalla Group and DSP Group.
After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.
Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.
This is for the first time in recent history that the leaders of the two largest democracies would be addressing a joint rally anywhere in the world.
United States Secretary of State Antony Blinken has said that he had a productive meeting with visiting External Affairs Minister S Jaishankar during which they discussed the bilateral ties, COVID-19 relief efforts, India-China border situation and Afghanistan and vowed to work together to address areas of shared concern.
The Indo-US strategic relations deepened further in 2009 which saw installation of Barack Obama as the first black President, who attached high importance to bilateral ties and invited Prime Minister Manmohan Singh as his first state guest.
'It is not a matter of fixing the military problem up there in the Himalayas and the retreat of the two militaries.' 'India has to find a way to correct the racist and very patronising views of India in the Chinese mind.'
America's strong and deepening defence ties with India are not dependent on any arms sales, but on common interests and objectives between the two largest democracies of the world, a top Pentagon official said on Saturday.
The gala organised by the Asian Pacific American Advisory Council and National Committee of Asian American Republicans on Friday was attended by ambassadors from several Asian countries including the Indian Ambassador to the US Navtej Sarna.
"He (Biden) is very much part of this period when Indo-American relations underwent a radical transformation, which I reasonably date back to (Bill) Clinton's visit," Jaishankar said.
Archbishop Desmond Tutu, South Africa's anti-apartheid icon who won the Nobel Peace Prize for fighting racial discrimination in the country, died on Sunday. He was 90.
Gen Naravane's visit to Nepal from November 4-6 is largely aimed at resetting bilateral ties that came under severe strain following a bitter border row between the two countries.
The SAARC has not lived up to its potential, the White House said.
The meeting between Jaishankar and Pompeo comes at a time both India and the US are at loggerheads with China.
'Pakistan has robust incentive to turn heat on LoC.'
'Someone who has lost a dear one to Covid; that person is not going to forget and will not vote for the BJP.'
The launching ceremony for the first warship was held at the Hudong Zhonghua Shipyard in Shanghai on Sunday. Pakistan-China defence ties turn a new chapter with the launch of the first ship of Type-054 class frigate, Pakistan's state-run APP news agency reported.
The visit of Modi to the United States represents an important opportunity to rejuvenate bilateral ties after a period of malaise and inattention.
The loan package consists four projects, including a freight railway project connecting New Delhi and Mumbai, and a subway construction project in southern India.
This marks the second billion-dollar investment by Silver Lake in a Reliance subsidiary after the $1.35 billion investment in Jio Platforms.
A government statement said Modi conveyed to Putin that India attaches the highest priority to the safe exit of Indians from Ukraine and their return to India.
With the signing of the pact, the Quad grouping of India, Japan, Australia and the US is set to gain more heft now, notes Dr Rajaram Panda.
The White House said that the US-India partnership has come a long way in the past eight years, but the best is yet to come.
"Engagement means deepening cooperation with key centres of power. In Russia, the reset, has elevated relations to the best point in years. In China, we now have a broad- based strategic and economic dialogue. In India, which President Obama calls one of the defining relationships of the 21st century; and obviously in Brazil," US National Security Advisor, General (rtd) James Jones said.
Two powerful US Senators have urged President Joe Biden not to impose provisions of the punitive Countering America's Adversaries Through Sanctions Act against India for buying the S-400 surface-to-air missile system from Russia.
Addressing the India-ASEAN Summit in Phnom Penh, Singh said, "India's relationship with ASEAN members and with ASEAN institutionally continues to grow in all dimensions. Commerce and connectivity are vital areas of this relationship and we have made good progress in both."
Two top United States lawmakers have introduced a legislation in the House of Representatives to designate India as a special global partner of America
These nine tips will go a long way in keeping relationships healthy within the family.
The United States, he said, 'desires a new age of ambition' in its relationship with India. Asserting that the US has never been more supportive of India's security, he said New Delhi too, is an important partner and a key pillar of President Trump's foreign policy.
Prime Minister Narendra Modi's visit will highlight the growing collaboration between India and the US and their "shared leadership" on the world stage, the White House said on the eve of his arrival.
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