Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
'The BJP and Congress are like those Bollywood lovers who are kept apart by their families where it is a generational problem of different values: The older ones think differently from the younger ones,' argues T C A Srinivasa-Raghavan.
Mathematical problems can sometimes turn out to have real-world applications. This is true for the Riemann Hypothesis. Crypto-currency investors will heave a sigh of relief if the problem is unsolved since a proof could render their expertise obsolete, explains Devangshu Datta.
He added that the risks can increase if the Chinese slowdown gathers more speed.
The Supreme Court appointed Special Investigative Team, which is looking into the black money cases, on Thursday said it will go after the offenders "big or small" but also made it clear that the confidentiality of account holders abroad will not be violated.
Vijender Singh said he is doing high intensity training ahead of his much-awaited title fight at home and hopes to 'knockout' Australian Kerry Hope early for the WBO Asia Pacific Super Middleweight Championship crown.
Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
Santos and Fernandez were attacked outside a popular eatery in Mumbai's Amboli area while trying to protect their female friends from a group of harassers on October 20, 2011. They were stabbed brutally by four men.
The daughter of the victim, who died after Smriti Irani's cavalcade hit their vehicle, on Monday said that she pleaded before her with folded hands but the Union HRD minister didn't provide them any help.
The bad loans of public sector banks were at 4.4 per cent in March 2014 compared with 2.09 per cent in 2008-09, it said, adding, the gross NPA increased by almost four times from March 2010 (Rs 59,972 crore or Rs 599.72 billion) to March 2014 (Rs 2,04,249 crore or Rs 2,042.49 billion).
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
The state needs great numbers of new-generation entrepreneurs.
The recent market crash in China has triggered sympathetic drops.
Ferrari had every hope of winning their home Italian Grand Prix for the first time since 2010 on Sunday and they blew it.
'The Jharkhand government is increasingly intolerant of voices of dissent.' 'Recently 20 persons, including activists, writers and academics, were booked for sedition.' 'Many of them have been critical of the government's apathy towards Adivasis,' notes Siraj Dutta.
Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
we are facing a situation of empty coffers but eagerness to expand.
The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
'The critics were writing so well about me, I was shocked!' 'My phone didn't stop ringing!' 'This is the biggest tribute for a senior actor.' 'Now, I can pack up.'
After 40, getting into a romance is like batting your eyelashes at an approaching SUV before throwing yourself under its wheels, says Mitali Saran.
The leader should be cautious while accusing the Modi government of cronyism.
Underwater Photographer of the Year celebrates photography beneath the surface of the ocean, lakes and rivers. More than 5,500 underwater pictures were entered in 13 categories by underwater photographers from 70 countries around the world. Scroll down to see the winning images.
New data show tax reform, better tracking needed
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
Thanks to a well-sorted chassis and Renault's motor, the car induces confidence in the driver to take it for a faster spin
Your vote now is going to decide whether India fixes itself and becomes a vibrant democracy, or a failed State like the ones in our neighbourhood, says Dasarathi G V.
Having invested close to $15 billion in Indonesia, Indian firms have lined up further $15-16 billion investments.
'One of the biggest things I've learned over the years is adaptability. Playing with different partners teaches you that.'
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Most of the projects face hurdles such as delay in approvals and lack of coordination between state governments and the railways.
Filmmaker Suresh Krissna talks about directing films for television, a first-of-its-kind concept.
'Kumbalangi Nights is a movie that respects women, but most importantly, it's a movie that loves them,' says Sreehari Nair.