The next great mega-litigation could rival the $12 billion spent cleaning up Enron.
When Kashmir willow sees biz boom and cricket raises Afghan hopes
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.
Melodies that stayed on in the mind and memory are too few and far between. Except the ones that do make an impression are definitely worth celebrating for their refreshing style and substance.
The U.S. still leads the world in number of millionaire households, but maybe not for long -- household wealth is growing fastest in China.
Honda Cars India (HCIL) net profit dropped by 52.8 per cent year-on-year (Y-o-Y) to Rs 661.4 crore in 2023-24 (FY24), primarily due to deferred tax of Rs 359.8 crore, according to the annual results submitted to the Registrar of Companies (RoC) and reviewed by Business Standard. In FY24, the company's production increased by 16 per cent Y-o-Y to 134,807 units.
A large number of layouts have come up or are being formed either by property developers or co-operative societies some 4-6 km from the city.
Spurred on by the Multi-modal International Hub Airport at Nagpur, Nagpur is turning hungry for commercial and residential spaces.
Ahmedabad looks like a big construction site today -- what with malls, flyovers, roads, residential townships, a waterfront development plan, and office spaces that are fast changing the city's landscape.
Food delivery and quick commerce (qcom) service application (app), Zomato, now commands a market capitalisation (mcap) higher than automobile giants Tata Motors and Bajaj Auto. Zomato, whose shares closed 1.18 per cent lower on Thursday at Rs 288.45 per share, has an mcap of Rs 2.78 trillion, according to BSE data. By comparison, Tata Motors' mcap stood at Rs 2.74 trillion, while Bajaj Auto's was Rs 2.5 trillion on the BSE.
Brad Durham, Managing Director of Emerging Portfolio Fund Research, EPFR, says that Emerging Market, EM, funds have seen inflows of $450 million last week.\n
The injury-ravaged Indian team was dealt another blow on Tuesday as pace spearhead Jasprit Bumrah is likely to miss the fourth and final Test against Australia, starting on Friday, due to an abdominal strain.
Australia now have the opportunity to avenge last year's final defeat by Italy after world number one Jannik Sinner inspired the holders to a 2-1 victory over Argentina.
Lakshya Sen progressed to the quarter-finals of the China Masters Super 750 badminton tournament with a straight-games win, but two-time Olympics medallist PV Sindhu's campaign ended in the second round in Shenzhen, China, on Thursday.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Treat yourself to two of Chef Satish Arora's signature five-star dishes.
Across the board, brands use influencers like a Bhuvan Bam or Kusha Kapila as the second or third rung of their strategy. The first rung is always a celebrity that has been created outside the Internet, through mainstream media.
Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.
The market is a bit sluggish, but I would remain invested.
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
ZEE5 has launched a short film festival. Joginder Tuteja tells you what's on offer.
'With him in particular, I've had a lot of chats with him, a lot of conversations to try and make him a better cricketer.'
'Just this year alone, close to 40 major transactions involving Bollywood stars have been recorded.'
The IPL 2022 player retention witnessed interesting action as some franchises generously splurged cash on their trusted players as others helplessly watched their top players walk away.
'My father is a businessman and he has gone through a lot of ups and down.' 'When I see him have the money and then lose it all, but keep trying at this age, I feel if he can do it, then why cannot I?' 'That has been my biggest motivating factor.'
Buoyed by regulatory overhaul and infrastructure boom, engineering conglomerate Larsen & Toubro (L&T) has identified realty business as one of its growth engines for the next 10 years and plans to acquire land parcels while expanding pre-sales, said a senior company executive. L&T Realty has started looking out to acquire land parcels and grab partnership development opportunities across markets to scale up its business. "We are making some strides in that direction, albeit cautiously.
It is time for India to rebalance itself by sorting out its social and health issues and reorganising its soft infrastructure
China's ascendancy has reached a point where India will have to play a delicate game of exercising autonomy in its pursuit of national objectives without provoking conflict.
