"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
India has been a core portfolio holding for emerging market funds.
Private sector investment is likely to improve mildly in H2 of FY17, even though signs from investment data are not encouraging.
'Investors need to diversify at least 30% to 50% of their liquid wealth across different markets, asset classes, and instruments across the world.' 'Do this with proper guidance and advice.' 'Global investing is complicated, but if done right, is extremely rewarding.'
Many successful entrepreneurs who did not go to B-school are sharpest in assessing people, differentiating between those who tell time and clockmakers.
Bahrain's Ruth Jebet blew away the competition to win the women's 3,000 metres steeplechase gold on Sunday, but narrowly missed out on the world record. Jebet ran a bold race, bursting into the lead after a few laps and setting a blistering pace to win in 8 minutes, 59.75 seconds, just shy of the 8:58.81 world record set by Russia's Gulnara Galkina at the 2008 Beijing Games.
'Analysts see BECA as a 'force multiplier' for India.' 'But China too is known to have such capabilities.' 'The military gap with China will continue to remain a fact of life, BECA notwithstanding,' argues Ambassador M K Bhadrakumar
Strategic direction post-COVID-19 and further details on asset monetisation are key expectations from the 43rd AGM of RIL, analysts said.
Contrarian stocks can help investors generate much higher returns than buying shares of companies that have shown consistent high growth for years.
Is it a smartwatch or an upgraded fitness band? Veer Arjun Singh finds out.
It has 18.9 per cent share of the market, down from 22.6 per cent for the third quarter of 2018 while Xiaomi has 27.1 per cent share.
The WPI number follows retail inflation (CPI) data, which had slipped to a record low of 3.78 per cent in July.
Two employees of the Indian Navy were found dead near a railway track in Visakhapatanam on Monday morning.
Since the Mahabharata the Yadavs have been known for infighting. And the 2017 UP election proved yet another example of that, says Nazarwala.
The Chang'e-4 spacecraft scripted history on Thursday when it made the first-ever soft landing on the far side of the moon.
Three stockmarket experts give their best picks for the New Year.
Biju Menon tells Divya Nair/Rediff.com how he transformed himself to play a 73 year old character, one of his most challenging and satisfying roles as an actor.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
India's plan to buy futuristic tanks and infantry combat vehicles -- estimated to be worth Rs 80,000 crore to Rs 100,000 crore each -- will certainly intimidate Pakistan which already feels threatened by our vast tank strength.
Delhi BJP chief Tiwari said each poor family will be provided good quality, subsidised 'atta' (wheat flour) at a rate of Rs 2 per kilogram. The BJP will bring an ambitious 'Samridh Delhi Infrastructure Scheme', with a provision of Rs 10,000 crore, to ensure "focussed and priority" development of roads, flyovers, foot over-bridges and other key infrastructure projects, the manifesto stated. The manifesto promises to set up a 'Colonies Development Board' for undertaking development of various civic amenities.
Anurag Chatterjee, 37, a corporate training and instructional designing consultant tells us how he went from 93 kg to 72 kg.
Bradley Wiggins has backed Chris Froome to emulate his 2012 Tour de France and Olympic time trial double success but felt his former Sky team mate's task is more difficult as next month's Games are in Rio de Janeiro.
There is only word to describe Ashok Munne's journey -- 'incredible', says A Ganesh Nadar.
'China's investment destination image the world over has taken a beating, therefore investors feel India is a safe haven for investments.' 'FDI is at an all-time high in India.' 'Now after such poor ratings, this FDI amount will fall.' 'Therefore, I am saying these things are happening at China's behest.'
Gunn-Rita Dahle overcame searing heat and problems with her mountain bike to win the women's cross country title.
Amazon's single largest building is also the single largest building in Hyderabad city. Spread over 9.5 acres, this multi-storied building comprises of 290 conference rooms, casual and collaborative work spaces that will house 15,000 employees, along with private areas, interfaith prayer rooms, mothers room, quiet rooms, showers, unisex rest rooms and a huge cafeteria besides a helipad on the building roof.
Growth in India's manufacturing sector cooled to its slowest in 22 months in October.
Neeraj's gold and three other athletics silver medals, along with Saina Nehwal's badminton singles bronze, propelled India's overall medal count to 41 (8 gold, 13 silver, and 20 bronze).
'Our honourable CM is so shameless that she will say the state is among the safest for women.'
United States space agency NASA said it would launch a water-related satellite in collaboration with India's ISRO.
His outburst came a day after UP Governor Ram Naik asked the state government to take action over the reported damage to the bungalow vacated by the former chief minister, calling it a serious matter involving the taxpayer's money.
The President in his address to the joint sitting of Parliament unveiled the policies and priorities of the Bharatiya Janata Party-led National Democratic Alliance government which assumed power last month after elections to the 16th Lok Sabha.
Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.
It has been a decade since Shyam Srinivasan took over as managing director and chief executive officer at Federal Bank. He wants to ramp up the bank's unsecured lending going ahead even as it homes into the space vacated by competition. Reappointed for a fresh three-year term as the bank's helmsman, he spoke to Hamsini Karthik on the plot ahead.
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
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