'Two esteemed foreign investors with huge funds are coming with us in our real estate and city development businesses.'
In 2010, TCS's brand value was $2.3 billion.
Young professionals who lost their jobs tell Rediff.com's Divya Nair how they reclaimed their lives.
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Starting a business in India has become much easier in the last two years.
Rediff.com spoke to Raghuram Rajan about his book, what enthuses him about the Indian economy, and what are the concerns he has with India's chaotic progress . . .
Arora started off his career at Wipro.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Citigroup, apart from grappling with the write-offs and losses in its consumer banking business in the US, will also have to get its act right in other markets as well, particularly, India and Mexico.
Tens of thousands of protesters marched through the streets of Hong Kong on Monday on the 22nd anniversary of the territory's return to China from Britain.
Finance Minister Arun Jaitley, in his Budget speech on Monday, announced a new dispute resolution mechanism for such companies who are in confrontation with the taxman's action.
Designated I-League champions Mohun Bagan have announced a donoation of 20 lakh in the fight against the coronavirus pandemic while Bhaichung Bhutia will feature in Asian Football Confederation's (AFC) public awareness campaign on the COVID-19 pandemic,
The government has an opportunity right now to save Indians from deep recession, and in many cases, starvation, notes Kalyan Singhal.
Today, with growth having slowed and macro-economic challenges in every direction, would the government have benefited from the advice of 'Harvard' economists? asks T N Ninan.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
When asked if he sees himself back in Chicago, he said, "Yeah, Chicago has been kind to me over my history".
Jaitley said each of the regions in the world is trying to do its best.
Sebi has approved the norms for financial institutions setting up shop at GIF City in Ahmedabad.
Pallon has already joined the boards of some of the unlisted companies such as Afcons
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Apollo Hospitals group is open to investing in health care start-ups says its director Sangita Reddy.
The total number of arrests by the CBI has risen to six -- four PNB officials, a retired employee of the bank, and an authorsied signatory of Nirav Modi's company -- after Monday's development.
However, the growth during the next financial year would be higher at 8.1 per cent in case of a second wave of the coronavirus and bit slower at 7.9 per cent if the virus recedes and remains under control.
'If some measures are implemented quickly, they can help revive growth.'
Dawood Ibrahim is wanted in India to face the law of the land for carrying out serial blasts in Mumbai in 1993 in which scores of people were killed and injured.
"At present, there are two main rate slabs under which sa majority of goods are covered -- five per cent and 12.5 per cent -- which will now increase to three (five per cent, 12 per cent and 18 per cent).Will this result in multiple litigations is anybody's guess."
It takes three months to open a business in Mumbai. Two of the months are spent in obtaining the Personal Account Number at UTI Investors Services Limited
India is worried about Pakistan getting the Taliban to ignite trouble in Kashmir, observes Ramesh Menon.
A lack of adequate disclosures raises the financing costs of corporate firms, especially sub-investment grade ones, and keeps the capital markets small, believes RBI deputy governor Viral Acharya.
'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.'
News of all that's transpired on and off the football field on Friday
