Interview with chief investment strategist, Reliance Capital.
'With one fell swoop he (Sharad Pawar) won the sympathies of the NCP workers at the grassroots, his own flock of MLAs and bolstered his position as the NCP chief'
Veterans in the travel industry, a well-known corporate lawyer, and a marquee US-based hedge fund have backed the upcoming low-cost airline Akasa Air. Founded by former Jet Airways chief executive officer (CEO) Vinay Dube, the venture counts ace stock trader and investor Rakesh Jhunjhunwala as its biggest financial backer with an investment of around Rs 300 crore. A person with knowledge of the development said most of the people were well known to Jhunjhunwala and Dube, who approached them during the conception stage.
At the 45th Annual General Meeting of Reliance Industries (RIL) in August, chairman and managing director (CMD) Mukesh Ambani described the company as an "unputdownable book" with never-ending chapters of success. "Reliance grew from strength to strength because we internalised the founder's mindset of purpose, philosophy and passion," he said. Wednesday marked the 90th birth anniversary of RIL founder Dhirubhai Ambani.
Golden Kela Awards, the desi equivalent of Hollywood's Razzies will dole out honours to 2011's worst performers in films.
Check out the nominees for the Kela awards in Bollywood.
Maintaining a bullish stance despite the meltdown in the stock market, renowned fund manager Madhusudan Kela on Wednesday said the current fall gives great opportunity to buy good stocks. He said Market will be in consolidation mode for the next 4-6 months. Investors should start buying into high conviction ideas. On the sectoral front, for the next 2-3 months bank stocks may not see any great news and the amount of derivative losses is yet to be measured.
Here's looking at the winners of the Golden Kela awards.
CPI leader says the attack is a conspiracy by communal forces to hush up those who have shown courage to stand up to them.
Gujarati popular dish kela methi nu shaak, mouth-watering chicken chettinad from Tamil Nadu, Punjab's dal makhani and Bengali dish Potol Dorma will be served at a private dinner hosted by President Pranab Mukherjee for visiting foreign dignitaries on Monday.
A mix of vegetarian and non-vegetarian delicacies were served at the lunch hosted by PM Modi in honour of visiting US President Barack Obama.
'Please do not threaten us with street violence.' 'Do you have some humanity left in you?'
The vehicle was on its way to Ramban town from Banihal when the accident occurred around 9.55 am. The driver lost control over the "overcrowded" vehicle which rolled down the deep gorge at Kela Morh near Maroof, Deputy Inspector General of Police, Doda-Kishtwar-Ramban range, Rafiq-ul-Hassan, said.
True Indian scenes most often lie on less travelled routes, along roads that have fallen off the map, after modern highways have come up. On the fourth leg of their 2,148 km journey, Rediff.com's Archana Masih and photographer Rajesh Karkera discover one such forgotten place in the Thar Desert.
President Pranab Mukherjee on Monday night hosted a dinner for visiting South Asian Association for Regional Cooperation leaders and Prime Minister Narendra Modi where the guests were treated to a variety of dishes drawn from various parts of the country.
Kapiva's plans to introduce allopathy-like doses of ayurvedic remedies for the millennial consumer finds traction.
People were seen wading through knee-deep water in several areas. Commuters, too, had a hard time as vehicular traffic crawled on the roads clogged with long tailbacks.
The repo rate, at which RBI lends to the banking system, will be at 7.5%
Shares of RIL ended 2.4% higher as it pips TCS to become most valued firm
Markets will continue to remain volatile till the Chinese economy shows some signs of stability
Mary Kom is a victory for its protagonist Priyanka Chopra, scriptwriter Saiwyn Quadras, and director Omung Kumar, says Laxmi Negi.
One of the most glaring contradictions of the more than decade-long Narendra Modi regime in Gujarat is the sad fate of Gujarati medium schools, says Urvish Kothari
Rediff's film critic Sukanya Verma lists her worst Hindi movies of 2014.
Only 2.3% of the Indian workforce has undergone formal skill training, as compared to 68% in UK and 52% in the US
'What will we drink if we start fearing these wells?'
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