Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
Brazil failed to make a winning start despite home advantage, a multi-million dollar strike force and a man advantage as they were held 0-0 by South Africa in their opening soccer match at the Rio Olympics on Thursday.
'God has given me everything -- wealth, success, a good wife and good friends. I wish He gives me good health.'
'With our focus and strategy we can solve at least 20 per cent per cent of India's education problems.'
Among other transfer news globally, defender Rahul Bheke joins Mumbai City FC while Locatelli completes Juventus move.
'It has taken us 15 years to get to where we are. It obviously doesn't happen overnight.'
'If you ask me what is God, I'd say, God is Mr World.'
The net worth of India's richest man, Mukesh Ambani, dropped 28 per cent, or USD 300 million a day for two months to USD 48 billion as on March 31 due to the massive correction in stock markets, a report said on Monday. The chairman and managing director of the diversified Reliance Industries saw his wealth decline by USD 19 billion (app Rs 144,400 crores) in the February-March period, taking his global ranking down eight places to 17th, the Hurun Global Rich List said.
Born in poverty and subjected to inhuman abuse, Kalpana Saroj overcame all hurdles to emerge a success story.
They needed a helping hand. And when they got it, these women worked wonders.
Three films and one TV show old Suraj Sharma is glad that an acting career means he is not behind a desk. Aseem Chhabra finds out that despite a life that can be heady Suraj hasn't lost sight of reality
Sarao was described as a fun guy, outgoing and talkative by other members of the tight knit South Asian community.
Vikramank Singh looks back at the year gone by!
The Time list also includes Zakouma National Park in Chad, Red Sea Mountain Trail in Egypt, Newseum in Washington, The Shed in New York City, the Geosea Geothermal Sea Baths in Iceland, Six Senses Hotel in Bhutan, Leopard Hill in Mara Naboisho Conservancy, Kenya and the Pohoiki in Isaac Hale Beach Park in Hawaii.
Both countries are closer than before due to these two leaders's public display of mutual connectivity and warm exchanges of words, but how it will help India to serve its interests will be known on Tuesday.
Ethiopian Shura Kitata won a thrilling London Marathon as a stunned world record holder Eliud Kipchoge faded late in the race
The tournament, which has been shifted to the UAE due to five million plus COVID cases in India, is a 'TV-only event', expected to be lapped up by all and sundry who crave for cricket and Bollywood in equal measure during prime time.
The win was the third of the Finn's career and season, denying Hamilton a 10th of the campaign.
Internet entrepreneurs are the next big thing in India.
Lanka's sports minister said some 10 million rupees (around $70,000) had been offered to the players to lose the match. Police had mounted a search for the suspect who was said to have approached the two players
At least 200 Indian students stranded at the University of Houston were being evacuated to safer places.
Apply the 'insurgent' tests on what Ambani, Ramdev and Agarwal have done of late, and you will start seeing the similarities rather than obvious differences of industry, upbringing or social station, says Shailesh Dobhal.
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
For the four new players, the spike in wealth is 126 per cent.
Four individuals who have taken up poker professionally tell Norma Godinho/Rediff.com how their stars have changed for the better.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
Rajeev Srinivasan on how India has continued to disappoint, but could outdo Singapore one day.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
About 800 people already have paid or put down deposits for rides on SpaceShipTwo, a six-passenger, two-pilot suborbital spaceship owned by Virgin Galactic.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Democratic candidate Hillary Clinton registers her first 'win' by four votes to two against Trump.
The horrific disaster that has struck Uttrakhand has been assessed as a mix of natural and man-made. In fact, the various media analyses indicate we were asking for it and there were enough warnings and indications that this would happen, says Lt Gen (retd) Prakash Katoch.
India's good fortune, experts in the US feel, is not the result of a fundamentally strong economy, but because it is the best of a bad set of options.
'The transmission sector is going to be the next sunrise industry.'
'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the production system. Whenever production rises, prices go lower. So if we store when the prices are low and release them when prices rise, prices can be maintained.' 'The problem is that in our country fruits and vegetables worth Rs 110,000 crore go to waste as they rot. And grains worth Rs 85,000 crore rot. So the storage system is another big reason for inflation.' Union Transport Minister Nitin Gadkari in an exclusive interaction with Sheela Bhatt/Rediff.com
A summary of sports events and sports persons, who made news on Monday
Dani Alves has blamed the media for Brazil's unsuccessful World Cup campaign but conceded that the team did not prepare properly ahead of the humiliating 7-1 defeat by Germany in the semi-final.
'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a determined leader who wants to bring a desired change, the system will begin acting. Today, people think there is policy paralysis, but there is functional paralysis also.' 'When things start moving, people will invest. Many companies are holding cash, many people are not investing. Nobody is making any move. Everybody is waiting for the elections to get over.' Economist and Swadeshi Jagran Manch convenor Swaminathan Gurumurthy in conversation with Shobha Warrier/Rediff.com
International Ski Federation (FIS) president Gian-Franco Kasper has warned FIFA against holding the 2022 World Cup in Qatar at the same time as the Winter Olympic Games.
'I always say I am a teacher by choice and an entrepreneur by chance.'
