Four enterprising women tell us how they tackled bias and criticism to create a niche for themselves and are now leading their businesses.
Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.
Long-term capital gains tax may be scrapped and the burden of dividend distribution tax could perhaps be shifted from companies to shareholders. Also, the Budget could provide income tax relief for the salaried classes, while proposing tax sops for small, medium and micro enterprises.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
Beijing fights a massive power crisis by granting paid leave to employees from industrial enterprises.
Future, even present, wars -- at least those involving such tech giants as China -- include hi-tech battlefields, which a Pakistan-obsessed India has not sufficiently prioritised. Today's generals plan on how to disrupt an enemy city's power supplies, rail networks, airports, ports, and government departments, not just by bombing or torpedoing them; they also examine the option of tripping up the computer networks that run these, notes David Devadas.
It is impossible for Mumbaikars not to glimpse themselves or someone they know in Sudhir Patwardhan's paintings.
Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.
Banking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat.
Embattled smartphone company BlackBerry Ltd plans to go private in a $4.7 billion deal being orchestrated by its largest shareholder.
Qatar has tried to make itself more attractive to tourists and launched a "Summer in Qatar" initiative this year to try to attract visitors during the brutally hot months of June, July and August.
'And because she was very close to Indira Gandhi, she was close to me.' 'Sonia is a wonderful person'
China's National Health Commission on Thursday said the country reported only four new confirmed COVID-19 cases on Wednesday, taking the total number to 82,862, while no death due to the disease was registered. The virus has claimed 4,633 lives in the country.
Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
Last year in January at Amazon's flagship event Smbhav, Infosys Co-founder N R Narayana Murthy had to shorten his keynote speech from 20 minutes to about five because the event was delayed by 1.5 hours. "I will try to finish it in five minutes, because I am not used to delays," said Murthy, while addressing hundreds of micro, small and medium enterprises (MSMEs) about building businesses that last. In the audience was Amazon founder Jeff Bezos. Murthy referred to Bezos' prediction that the 21st century will be the Indian century. "That confidence enhances our enthusiasm," said Murthy. The relationship between Murthy and Bezos dates to 2014, when Prione, a 49:51 joint venture (JV) between Amazon and Murthy's venture capital company Catamaran, was formed.
Rohit Gawli, who co-founded The Lokal Kitchen in the lockdown, shares some interesting career lessons.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government has constituted a committee headed by NTPC Chairman Arup Roy Choudhury to study the proposal and submit a report in two months time.
In an interview with Peerzada Abrar and Romita Majumdar, Cisco CEO Chuck Robbins said that his company would continue to bet heavily on India's engineering talent pool.
The master plan reveals a far more expansive project involving Chinese penetration into Pakistan's agriculture, industry, telecommunications, surveillance and intelligence networks and even leisure and popular culture.
Social media helps #RainHosts come to the rescue of those stuck in every part of the island city.
Agri-enterprises are finding it hard to expand due to lack of commercial guidance.
The additional outgo to combat the impact of COVID-19 will significantly erode the fiscal consolidation achieved by the state governments in the past three years, an RBI report said on Tuesday. In its study of the state budgets of 2020-21, the RBI report which has dwelled on the theme 'COVID-19 and its Spatial Dimensions in India', said that Gross Fiscal Deficit (GFD) of the states would spiral during the current fiscal.
Traders are 'chowkidar' (watchman) of Indian economy, CAIT secretary general said.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
The government on Tuesday extended the deadline for filing income tax and GST returns, raised the threshold of default that could trigger insolvency of a company, and waived charges on cash withdrawals from ATMs of other banks as a precursor to a broader stimulus package for the economy distressed by the coronavirus outbreak.
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
While there is a shortage of testing kits, manpower and capacities, India does not have other scalable testing options.
Rediff.com did a word cloud analysis (see the image below) of the Prime Minister Modi's speech at the Digital India dinner meet.
Village panchayat unanimously passed a resolution declaring it would not allow the MNC to go ahead with its plans.
Gadkari said that the MSME sector contributes significantly in pushing the country's economic growth and creating employment.
Siddhartha's knack for value investment dates back to 1995 when he infused capital in Kshema Technologies, which was acquired by MphasiS. He also took an early exposure in Mindtree way back in 1999. Since 1995, he had invested in more than 15 technology companies including chip-designing firm Ittiam Software, and GlobalEdge Technologies, among others, says Debasis Mohapatra.
What this means is that crucial and accurate data about the city like dwelling units, roads, power, infrastructure, telecommunications, water distribution, sewage disposal, educational institutes, public health units, tourism centres, religious places, transport junctions etc will now be available to the government at any given time.
The mid-cap universe - comprising firms that rank 101-250 in terms of m-cap - could see as many as 17 new stocks move out. Similarly, over half a dozen stocks could exit the large-cap universe, which is defined as the top 100 entities in terms of m-cap.
Footfalls will invariably come down to a trickle even after lockdown restrictions go away, and the only way to prevent someone else from poaching your consumer is to go down to the consumer herself. Consumers will prefer products and services to be delivered to their doorstep, hygienically and safely.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Plans outlets smaller than in the US, with mostly Indian products, and a desi nameplate.
