'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
Slump in realty market to add to woes, debt of top players likely to rise 15-20% this financial year
Seeking home comforts after multiple reverses at the Ferozshah Kotla, Delhi Capitals will be desperate to buck the trend when they take on a rejuvenated Kings XI Punjab in the Indian Premier League, in Delhi, on Saturday.
Amid continuing uncertainty over the fate of the national carrier, an official said there is also need for funds to restart operations of 12 grounded narrow-body planes.
'To keep the next catastrophe at bay, a carbon free economy will be an imperative. 'Our 2000 cc internal combustion engine powered personal cars and public transport may have to give way to electric and hydrogen powered fuel cells. 'The oil refineries which were so much part of my professional life may have to be dismantled and trees planted in its place. 'The smokestacks, which once upon a time represented growth and prosperity, will now be gory symbols of a polluting past,' notes former Hindustan Petroleum chairman Arun Balakrishnan.
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
While media reports suggested that Tata-Singapore Airlines is looking at an all-stock merger of Jet, Tatas, in a statement said, discussions to take over Jet Airways have been preliminary and no proposal has been made
Cottage industries across India have suffered heavily because of the note ban. In the second of a six-part series, Sanjay Jog travels to Bhiwandi to examine how the power loom industry here is coping five weeks on.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
The SBI auction will be the biggest nationwide online sale.
The Mumbai Indians' paceman reveals the secret of his precision bowling
Rediff readers tell us what their first salary was and what it meant to them at the time.
While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
The biggest let down for India's aviation sector has been the failure of the government to privatise Air India, says Anjuli Bhargava.
Sadhvi, 44, was granted bail by the Bombay high court on Tuesday.
The size of the accessories market ranges from Rs 1,500 crore to Rs 3,000 crore and has been growing at 15 to 18 per cent, according to Anand Ramanathan, manager, business performance services, KPMG. Within this, he said, the branded accessories segment is growing 25 per cent, against a growth rate of 35 to 36 per cent for apparel. Margins, however, are 10 to 15 per cent higher on accessories than apparel.
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.
'Modi has not lacked courage in the political sphere. It is time he showed it in the economic sphere as well.' 'To do this, he needs to shed the simple-minded nostrums about economic growth and swadeshi that he learnt in the Sangh Parivar,' suggests Virendra Kapoor.
The poor can't withdraw their money from their bank account and other Indians live in constant fear of their money getting stolen by unscrupulous hackers, says Syed Firdaus Ashraf.
In their bid to cash in on the popularity of IPL among Indian diaspora, Indian Test captain Virat Kohli could be pitted against limited overs skipper Mahendra Singh Dhoni in exhibition matches for their respective franchises in the United States. According to highly placed sources in the BCCI, three franchises namely Mumbai Indians, RCB and Rising Pune Supergiants have expressed their desire to play some exhibition matches in the US where there is a sizeable Indian and South Asian population. "The matter is expected to be discussed at the IPL Governing Council in Bengaluru before start of the final match on Sunday. The venue is tentatively Houston," a senior BCCI official told PTI on Saturday. "However the dates need to be chalked out. Earlier, it was being discussed it would happen in the window available between India's tour of Zimbabwe and West Indies. But it could now be held in September also. All three teams are expected to play against each other. Obviously, major attractions will be Kohli and Dhoni," the official said.
'With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.'
Uber would look to expand the service to six Indian cities
He is, at the closing of 2018, a man quite different from the Peter Mukerjea who entered judicial custody three-and-a-half years ago. He is a man not yet convicted of a crime, but already suffering for it, like the hundreds that enter these courts every day and the thousands Peter shares jail space with in a central Mumbai prison.
If Uddhav Thackeray is fazed by the BJP's attempts to build a narrative against his government in order to bring it down, he is not showing it. He has fought against all odds to remain in the CM's chair and faced difficulties with a smile, reports Syed Firdaus Ashraf.
Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank accounts.
In the 2012 election, the BJP's performance was the poorest in Purvanchal, winning only 12 of the region's 112 seats. Will 2017 be different? Will the party ride on Varanasi MP Narendra Modi's charisma?
Babychakra's online community has 500,000 mothers seeking advice and support and who share lessons learnt on their journey through pregnancy and parenthood.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
FY17 GDP growth faces cash crunch heat
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Crores of new currency notes continue to tumble out of lockers and hidden locations as authorities conduct raids and searches across the country.
'It is only natural that in such a national crisis, we should lend a helping hand to the less privileged members of our communities.'
'You may show at the end of December how much money has come into the system, but none would be the wiser because most of see only what we want to see and believe.' 'Some of us will see through it and you will make your proxies call us enemies of the State.' 'I was somewhat with you till here. But we diverge from here on until you can do something which will veer through my cynicism brought about by your policy,' says Harsh N Gokhale.
'We have severely under-invested in waste water treatment.' 'We charge for water a minimal amount and we don't charge anything extra for providing sewerage service.' 'As a result, every water entity is cash-strapped.'
Swiggy is following a path that seems similar to what Meituan, one of China's largest O2O (online-to-offline) platforms that delivers food, sells movie tickets and offers hotel reservation, has done so far, reports Patanjali Pahwa.
"There's no chance I'll be missing my wedding," Finch told reporters.
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