Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
The debate boils down to what path India should take in coming years as slower growth puts further poverty reduction at risk in the world's second-most populous nation.
Tata Sons director R Gopalakrishnan shares his views on MBA education in the country, its ills and why he never did an MBA.
Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee, and Professor of Economics at Harvard University Raj Chetty have been named by the Carnegie Corporation of New York as '2020 Great Immigrants' honourees, the Corporation said in a statement on Wednesday.
It has been an incredible journey for Rajendra Hari Patil and Hemchandra Dagaji Patil who traveled from Jalgaon to the Harvard Business School to talk about their success.
How Umang Dua and Oisin Hanrahan founded Handybook, an online start-up.
The young and suave candidate of the ruling Bharatiya Janata Party, Bhavya Bishnoi, looks to defend his 'family bastion' for five decades, while the main opposition Congress has placed its bet on veteran leader Jai Prakash in the Adampur bypoll in Haryana.
United States President-elect Joe Biden on Monday named two Indian Americans -- Reema Shah and Neha Gupta -- to the Office of the White House Counsel.
'Rani made it very clear when she signed the film that she would shoot only during her daughter's summer vacation so as not to disturb her role as a real life mother.'
The commerce ministry and industry bodies are in favour of FDI in the education sector. However, the HRD ministry is opposed to it.
Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.
Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.
Companies today are taking a very fashionable way to reduce their workforce. Instead of the outright firing of employees, an alternative approach that some companies are using is the passive-aggressive method which is both deliberate and accidental, points out corporate lawyer Ishanee Sharma.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
MIT, in a release, said the 'work of Duflo and Banerjee has emphasised the use of field experiments in research, to bring the principles of laboratory-style randomised, controlled trials to empirical economics'.
Renowned women's rights activist and founder of the Self Employed Women's Association (SEWA) Ela Bhatt passed away in Ahmedabad on Wednesday due to age-related ailments, her associates said.
The agency recorded his statement under criminal sections of the Prevention of Money Laundering Act (PMLA), officials said.
Among the 36 new faces in Prime Minister Narendra Modi's council of ministers, eight are lawyers, four are doctors, two former IAS officers and four MBA degree holders, besides several engineers, making it an eclectic mix of professionals.
Eruditus runs on a partnership model with top global universities such as MIT, Columbia, Harvard, Cambridge, INSEAD, Wharton, and UC Berkeley, offering courses in coding, data science, fintech, block chain, and entrepreneurship.
President Droupadi Murmu administered him the oath at a brief ceremony held at the Rashtrapati Bhavan.
While a recent study has claimed that dining out, and grocery shopping could be more dangerous than air travel during the COVID-19 pandemic, partly due to special ventilation systems in airplanes, some scientists say such a comparison cannot be made without knowing if mask-wearing and social distancing norms are properly followed in each of these scenarios.
The Gray Man is mindless fun, worth your monthly Netflix subscription, notes Aseem Chhabra.
Dhananjaya Y Chandrachud, however, had no qualms about overturning the judgements of father Y V Chandrachud on hot- button issues like adultery and the right to privacy.
He will take oath on November 9, a day after incumbent CJI Justice Uday Umesh Lalit demits office on attaining the age of 65.
Twitter and other social media platforms have taken down around 100 posts and URLs after the government asked them to remove content that was critical of the handling of the current medical crisis or spreading fake news around the pandemic.
The announcement comes as a big relief to international students, including those from India.
'Not only would it be good to prevent coronavirus disease, it probably would decrease instances of influenza dramatically in this country'
The United States Senate took the historic decision by 53-47 votes after three Republican Senators Susan Collins, Lisa Murkowski and Mitt Romney voted in her favour along with 50 members of the ruling Democratic Party.
China said the study was "ridiculous" and based on "superficial" information.
In New Delhi, Singh will continue US administration's ongoing consultations with India, and advance a range of issues in the US-India economic relationship and strategic partnership.
Devita Saraf, chairman and CEO of Vu Televisions, is on the cover of Hello magazine.
Juster played a key role in the landmark Indo-US civil nuclear deal.
The Lakhimpur Kheri violence, in which four farmers were killed, is "absolutely condemnable," Finance Minister Nirmala Sitharaman has said, emphasising that there are issues of such nature happening in other parts of India equally which should be raised "when they happen and not when it suits others" because there is a Bharatiya Janata Party government in Uttar Pradesh.
The QS World Rankings 2018 lists the best universities to pursue business and management.
In addition to supporting the president-elect, Klain will work to build a diverse, experienced and talented team to help President-elect Biden and Vice President-elect Kamala Harris meet the urgent challenges facing the country, a media release said.
Juster, who is the Deputy Assistant to the US president for International Economic Affairs and Deputy Director of his National Economic Council, would replace Richard Verma if nominated and confirmed by the Senate.
Conference organisers, who are requesting anonymity, claim the three-day event starting September 10 is cosponsored by more than 45 centres or departments at over 40 universities, most of whom are from the United States.
'Who would think of making a bank of poor women? She had vision and boldness.'
'The worry among many international actors is whether there will be stability to provide assistance to the government because the political developments in the last few months are a real concern.'
As the Under Secretary for Commerce, Juster played a key role in developing the Indo-US deal.
