Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
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
Bombay House turns evangelist for new Tata products.
India's cumbersome arms procurement procedures and a plodding Ministry of Defence bureaucracy have long been blamed for shortfalls in combat capability. Now there is another, more worrying, reason - a growing crisis of funds, magnified by the lack of tri-service coordination.
'One of the director's primary jobs is to make sure that all the actors perform as if they are in the same movie, playing in the same band -- one is not acting in a different band than the other.'
Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.
'IAF is expanding at a rapid pace'
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
Looking at how the idea of gift giving and taking on Diwali has changed
'The India-France relationship has been that of the elites of two countries, who appreciate each other's philosophical traditions -- whether it is ancient Indian civilisation and Sanskrit texts or the French tradition of Rene Descartes, Albert Camus, (Jean-Paul) Sartre... This is a drawback. It doesn't create the buzz, the excitement necessary for a relationship. We need more people-to-people contact, especially among students,' says former Ambassador to Paris, Rakesh Sood.
It came under severe criticism from the CAG on Friday as it pointed out that its Mark-I version has 53 'significant shortfalls'.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
'The range of purchases throw a light on India's threat perception as also its perceived role of being a stabilising influence in the region,' says Brigadier S K Chatterji (retd).
Here's a round up of some information the nation learnt from Parliament on Tuesday.
Deep down, Katragadda is still that boy who makes as well as sells soap
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
Auto manufacturers are busy filling up their portfolio with cars catering to each and every possible segment
FIIs pump in Rs 2,075 crore in past three trading sessions.
'Under the present Defence Procurement Procedure, it would have been a nightmare, and a long, long one at that, to build 108 Rafales in India. Modi realised this and took the wise decision, though it is a definitive setback for his Make in India scheme.'
TCS still ace in the pack
On display was India's military might and cultural diversity.
This is the safest Nano Tata has ever put into production.
With China and Bangladesh losing their edge, textile exports from Tirupur are rising once again, turning the city into a job magnet.
Conde Nast Traveller sorted through the wish lists of wildlife enthusiasts from around the world to collate this definitive guide. How many will you cross off?
Prime Minister Narendra Modi on Thursday address Members of the British Parliament in London where he promised to open more doors of cooperation between the two countries and delved on issues like terrorism and United Nations reforms.
Prince William and Princess Catherine, the Duke and Duchess of Cambridge, collected quite a few Mumbai hearts on a hot two days in April.
'It was almost as though there was widespread relief that the defence bureaucracy, and the minister, could find someone willing to shoulder the blame for everything that had gone wrong with the services under Antony's charge -- the poor preparedness of the forces, slow acquisitions caused by indecision, cancellation of contracts and whimsical blacklisting of defence contractors over the tiniest suspicion that they may have paid speed money or kickbacks.'
Indian billionaires do not believe in sitting on their wealth.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances