The Parsi community runs India's respected corporate houses like the Tata, Wadia and Godrej groups.
Federal authorities in the United States have seized two valuable artefacts stolen from India valued at about $450,000 (Rs 3 crore) from the premier auction house Christie's, just days before a scheduled auction of the items as part of planned festivities to celebrate Asia week.
Only 10,059 tourists have visited the state this month compared to around 90,000 in July
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
US-based designer Rosena Sammi is retailing jewellery and designer accessories made by sex workers in West Bengal and Bihar.
Jaspal Bhatti's feel for the grime, the confusions, and the madness in our system was so complete that he could take on every kind of woman or man God ever gave to the institutions of India, feels Sreehari Nair.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
The plan was activated in October last year.
A look at celebrities who have gone naked for a good cause.
R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
On Mody's death, Tata on Friday said, "Russi Mody was an institution at Tata Steel. Under his leadership, the company grew significantly and he instituted many human resource initiatives.
Vishal Mahadkar's horror film 3 AM is the story of a paranormal investigation gone wrong -- both for the film and the viewer, feels Nishi Tiwari.
The Ambani brothers, Mukesh and Anil, came together on Thursday to raise the issue of stalled projects plaguing India Inc and implored the Maharashtra government and the Centre to make Mumbai, India's financial capital, an easier place for business and investments. "Several projects are stuck for many years in Mumbai and we would like to know how the government intends to improve the financing and execution of projects, including those relating to infrastructure and education which have been in limbo for long and are affecting the growth of the city," Reliance Industries Ltd (RIL) Chairman Mukesh Ambani told Finance Minister Arun Jaitley. Seated on the same table was his brother, apart from Tata Group Chairman Cyrus Mistry and State Bank of India (SBI) Chairman Arundhati Bhattacharya. Jaitley was addressing the Mumbai Next MMR Transformation conclave, organised by the Maharashtra government and Mumbai First here, through video conference. In his reply, Jaitley said the government was exploring several options of infrastructure financing in India and that a number of international bodies were ready to fund infrastructure development projects. He added the government was keenly considering these funding sources. While praising Maharashtra Chief Minister Devendra Fadnavis for honesty, Jaitley also had a word of advice. Apart from being honest, the government had to be decisive, he said. On his part, Reliance Group Chairman Anil Ambani told the chief minister about his experience of decisions being delayed due to an indecisive bureaucracy and the need to protect officials who wanted to take quick decisions. "Through the past many years, we have faced a number of obstacles in decision-making," he said, adding he was speaking as someone who had lived and invested in Mumbai. Fadnavis responded by saying he would bring about a transparent process to ring-fence officials. Both the Ambani brothers have announced a number of infrastructure projects in and around Mumbai, including a world-class convention centre in Bandra Kurla Complex by RIL, but very few have actually fructified. RIL's special economic zone project failed to take off due to land acquisition problems in Raigarh, while a second SEZ near Mumbai is stuck due to lack of clarity in SEZ norms. The first phase of the Mumbai Metro, set up by Anil Ambani's Reliance Infrastructure, was marred by cost overruns and run-ins with the government over fares. Subsequently, the company withdrew from the second and larger phase, citing inordinate delay. Anil Ambani also withdrew from Mumbai's sea link project on the same grounds. The brothers had also bid for a trans-harbour sea link between Navi Mumbai and Mumbai under the Congress-Nationalist Congress Party government, but their bid was rejected. Reliance Infrastructure is also the power supplier to more than half of this city. Participating in the conclave, some of India Inc's leading bankers said making Mumbai a financial hub would take at least a decade. SBI's Bhattacharya said the Indian currency should be made fully convertible and facilities should be created for it. "However, for this, the economy needs to look up and that will happen only in the next 7-10 years, not immediately," she added. Sunil Kaushal, Chief Executive Officer of Standard Chartered, India, pitched for strong infrastructure to support development. "We will take a long time to develop into a global financial centre. We need to solve transport bottlenecks in Mumbai and have lifestyle facilities for people working in and around these areas," he said.
Tatas may look at selling part of its stake in couple of investments
Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.
Vistara starts flying in India.
Enjoy our fascinating series where film folk reveal what their movies taught them...
The list has been compiled by the Shanghai-based The Hurun Research Institute, the second year it has done this ranking, of an 'India philanthropy list'.
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
'My character was earlier called Dolly but it was such a tacky name. I asked Karan to change it to Sheena, which sounded cool,' Anaita Shroff Adajania tells Sonil Dedhia/ Rediff.com
A "shocking" fraud involving 106 people, including former New York city cops and firefighters, who allegedly used the 9/11 terror attack disability benefits worth hundreds of millions of dollars to fund their lavish lifestyles, has been cracked by authorities in New York.
'The idea is to do everything, be creative... do mad stuff.' 'Then, you come home and live your life.' Saif Ali Khan reveals his game plan.
It has turned around its domestic operations under the HorizoNext strategy
Bouldering is the new favourite among India's adventure enthusiasts
We have to move from E-governance to M-governance. M-governance does not mean Modi governance. It means Mobile governance, the PM said.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
Terms reveal that such premature redemption is allowable on dividend reset dates in case there is no agreement on the dividend rate
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
Playwright and novelist Cyrus Mistry's English novel Chronicle of a Corpse Bearer and K R Meera's Aarachar in Malayalam are among the works that have won the prestigious Sahitya Akademi award for this year.
Provisioning for bad investments, finance costs shoot up in FY14.
Two Nobel Laureates, four listed writers of this year's Man Booker Prize, Pulitzer Prize winners and finalists, winners of Commonwealth Writers' Prize, Crossword Prize and film stars will be the attraction at the most sought after literary event in India -- the Jaipur Literature Festival.
The meeting will focus on how to make the crisis an opportunity for India.
The 57-year-old Charudatta, a Tata Steel official, was constantly humiliated and harassed between May 2012 and May 2013 following which he took the drastic decision to end his life.
In 2006-07, TCS had employed 7,000 people in the eastern states.
PM promised a tax regime that is predictable and competitive
Deep down, Katragadda is still that boy who makes as well as sells soap
'Tata may have sensed that the suddenness of the decision to replace Mistry would become controversial and it was proper to keep the prime minister informed of the decision,' says A K Bhattacharya.
Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for "maintaining stability and continuity of leadership" and promised to give the group "a world-class leader" when a fulltime boss is appointed.
