It is the highest rank an individual can achieve in the police through examinations and is equal to a chief superintendent in Britain.
In a significant decision on Monday, the Supreme Court ruled that foreign companies would not have to pay tax on their global income earned from business related to their outsourcing arms/units if these are done at existing market prices.
Indian stock markets have developed a resilience to political hurdles, reforms and have aligned to global cues which decide the direction of their movement, a report by a leading investment bank has said.
Stanley O'Neal isn't the first deposed chief to walk away with millions. A look at who's won the most by losing.
Stephen S Roach, chairman of Morgan Stanley Asia, warned that Asia and India will be hit hard due to a likely recession in the US in 2008, saying "if US sneezes, Asia will catch a cold." Predicting a significant correction in emerging market equities, which would also not spare the fast rising Indian stock markets, Roach, who is regarded as one of the Wall Street's most influential economists, said he did not believe in the global de-coupling theories.
Sources close to the developments said the company would announce the deal any day. Morgan Stanley is advising Standard Chartered on the deal.
Total assets under management (AUM) for September stood at Rs 20.4 lakh crore compared with Rs 20.6 lakh crore at the end of August.
A consortium of bankers that will fund the Ruias' bid for Hutchison's 67 per cent equity stake in Hutchison Essar Ltd will begin "due diligence" on the company in the next few days
As top bosses of Vodafone and Essar arrived in Hong Kong to negotiate a deal for acquiring Hutchison Telecom's Indian business, its parent company has indicated it will not consider any offer below $14 billion.
According to a Thomson Financial research, no Indian investment bank figures in the top ten list of the M&A deals that was struck this year, which was topped by UBS.
Paes and his Italian partner Daniele Bracciali were shown the exit at the Thailand Open, in Bangkok, while Somdev and his South African partner Rik De Voest went down fighting in their last four match at the Malaysian Open, in Kuala Lumpur.
The list was topped by Oracle's Larry Ellison last year.
The under-leveraged nature of corporates will help reduce the impact.
Trade analyst Vinod Mirani gives us the weekly verdict.
The federal and provincial governments have pledged to cover the $860,000 cost for the memorial playground and the monument.
Former champions Punjab beat Karnataka 4-2 while Mumbai routed Chattisgarh 6-1 in pre-quarter-final knock-out matches of the National hockey championship.
Here's how you can get placed at an investment bank for your summer training.
China spends seven times more on infrastructure than India.
China spends seven times more on infrastructure than India.
In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.
Chinese President Xi Jinping told FIFA boss Gianni Infantino he hoped the Asian nation could host a World Cup "in the future", the world soccer governing body said on Wednesday, after the two met in Beijing.
For most people, there are five legal ways of becoming rich; some of these might be faster than the other. I have arranged the five in the descending order, starting from the fastest and probably the easiest.
Morgan Stanley Real Estate on Wednesday announced that it has invested Rs 300 crore (around $68 million in Mantri Developers Private Ltd, a private Bangalore-based real estate developer.
Transcript of the market chat held on January 12.
Narendra Modi's diplomacy and persuasive prowess has ensured long-term investments from China and Japan.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Malcolm Wood, Asia Pacific Equity Strategist at Morgan Stanley is not too positive on the financial sector in India.
Reliance Comm wants all of Hutch Essar at one go.
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.
Trade analyst Vinod Mirani gives us the weekly verdict.
The eight-member team has been selected from 63 teams in the US to represent the country. One J8 team from each of the eight countries was chosen through an international process developed by Morgan Stanley and UNICEF.
Around 250 financial market players will participate in a closed door meeting with Narendra Modi on February 27.
A Ganesh Nadar/Rediff.com tracks the train from Jolarpettai carrying its precious cargo.
Foreign institutional investment flows remain key driver for the Indian markets.\n
The top posts on social media from your favourite Bollywood celebrities.
PSU banks must be privatised, say experts.
Salman has just launched Pranutan Bahl and Zaheer Iqbal in Notebook. Urvi Parikh looks at other talents who have bloomed under his care.