Brown's resignation follows that of Citigroup's South Asia CEO, Sanjay Nayar, who has quit the financial services major to join Kohlberg, Kravis, Roberts & Co as its Country Chief.
Out-of-favour opener Gautam Gambhir cracked his first century in more than two years as India 'A' came up with a solid batting display to take firm control of the third unofficial Test against the West Indies 'A' in Hubli.
The fresh suit was filed on Monday in the Delhi high court after Jethmalani accused Jaitley of being 'guilty of crimes and crookery'.
Three Indian players selected for the four-match ODI series in the West Indies are yet to depart because of transit visa problems. Mumbai's Abhishek Nayar, and Tamil Nadu's Murali Vijay and Subramaniam Badrinath are still waiting for UK transit visas to proceed to the West Indies via London, it was learnt on Tuesday.
Economic affairs secretary S C Garg said that all macroeconomic parameters are performing well.
Import growth moderated to a four-month low, owing to sharp decline in that of gold.
A total of 62 players were sold at the auction for the 13th edition with the eight franchises spending a total of 1.403 billion rupees ($19.73 million). Australia's Pat Cummins became the most expensive overseas buy ever in the Indian Premier League when the Kolkata Knight Riders paid a staggering Rs 15.50 crore ($2.18 million) for the fast bowler in Thursday's auction in Kolkata on Thursday.
Abhishek Nayar's 156 coupled with a sedate 69 by Iqbal Abdulla to give holders Mumbai firm control of their Ranji Trophy semi-final match against long-time rivals Delhi on the second day in Mumbai.
Making a presentation on Indian Real Estate Sector: Slumdog or Millionaire at an event hosted by the Observer Research Foundation, Sameer Nayar, managing director and head of real estate (Asia Pacific), Credit Suisse, said that land use laws in India are the most antiquated.
A 127-run opening partnership between Sachin Tendulkar (68) and Sanath Jayasuriya (52), followed by splendid bowling by Lasith Malinga (three for 11) and Abhishek Nayar (three for 13), helped Mumbai Indians beat Kolkata Knight Riders by 92 runs in the Indian Premier League match in Port Elizabeth on Monday. Chasing an improbable 188 to win, Knight Riders crashed to 95 for nine and suffered their worst defeat in the second edition of the league.
At a critical time in the history of the United Nations, when the global order itself may be reshaped, following a devastating pandemic, India has chosen an experienced, charming and upright diplomat to lead the Indian delegation to the UN in New York.
Veteran pacer Ajit Agarkar's maiden century (102 not out) rescued Mumbai from a precarious position and enabled them set Himachal Pradesh a target of 252 runs on the third day of the Super League Group A Ranji Trophy match in Mumbai on Thursday.
The Indian team under Subramaniam Badrinath began their campaign with a bang, crushing local favourites Australian Institute of Sports (AIS) by six wickets in their first match of the Emerging Players Twenty20 Tournament in Brisbane on Monday. After restricting the locals to a modest 101 for seven wickets in their allotted 20 overs, the Mumbai duo of Ajinkya Rahane (43 not out) and Abhishek Nayar (30) guided India to 102 for four in 18.3 overs to complete a facile win.
A summary of Friday's Super League matches in the Mushtaq Ali T20 tournament.
Indian captain Mahendra Singh Dhoni won the toss and elected to field. India made two changes, bringing in Ishant Sharma for Praveen Kumar, while Ravindra Jadeja made way for Abhishek Nayar. West Indies fielded the same team that won the second one-dayer at Sabina Park, Kingston.
An Indian peace delegation, during its visit to Pakistan after the Mumbai terror strikes, has tried to impress upon the Zardari government to expedite prosecution of the perpetrators of the carnage saying the people in India are "angered" by the ghastly incident.
Opposition Pakistan Muslim League-Nawaz chief Nawaz Sharif claimed on Monday that there was a major breakthrough to resolve the Kashmir issue with India during his premiership but the gains were "turned upside down" by the subsequent military regime of Pervez Musharraf.
When the firm decides what to do, we will evaluate it.
This year's Ranji Trophy had been marred by umpiring howlers and fatigue was a reason cited by many for the bloopers.
Rohit Sharma cracked an unbeaten ton as Mumbai recovered from a miserable start to reach a decent 297 for six at close on a keenly contested opening day of the Ranji Trophy final against Uttar Pradesh at Hyderabad on Monday.
Munaf Patel bowled a brilliant last over while Shane Warne overcame a hamstring injury to win his personal duel with Sachin Tendulkar as Rajasthan Royals edged out Mumbai Indians by two runs in an IPL edge-of-the-seat thriller in Durban on Thursday.
Among the states due for election next year are AP, Haryana and Odisha, which have a fair share of agri credit. If these states individually announced debt relief, the combined waiver would be at least around Rs 600 bn to Rs 700 bn. Clearly, this will be a frightening challenge for Indian banks.
Direct tax collections grew by a meagre 6.6 per cent during April-July of the current financial year against the Budget target of 14.4 per cent for 2018-19. Corporation taxes, in particular, grew at just 0.57 per cent, the lowest in the first four months in at least seven years.
RBI may hold rates steady as economic parametes are going strong, say experts.
"HCL's employees know that bill tightening has to happen, but in a collaborative manner. There is a trust factor between the employees, the company and the customers and we do not have a pink slip policy. That is why we squeezed utilisation up to 75 per cent and our hiring in the last two quarters has not been much," says Vineet Nayar, CEO, HCL Technologies.
Overseas education consultant NNS Chandra shares advice.
Check out the Rajasthan Royals squad for IPL 2014.
Opener Ajinkya Rahane's classy 92 went in vain as India slumped to a four-wicket defeat against South Africa in their fourth 50-over match of the Emerging Players Tournament in Brisbane, on Sunday. This was India's third 50-over defeat in the tournament. The Badrinath-led Indian side had also been beaten by the Australian Institute of Sports on July 23.
"Growth is expected to moderate gradually in China... pick up in India, and remain broadly stable in the Asean-5 region."
Mir Kazim Ali Khan, the 20-year-old student from Hyderabad who was assaulted in Melbourne on Monday, told the Consul General of India in Melbourne that the two offenders who punched him in the face made no verbal abuse and neither were there any kind of racist remarks.
Mumbai Indians notched up their sixth win on the trot to continue to be in hunt for a semi-final place after pipping Deccan Chargers by 25 runs in their Indian Premier League encounter on Sunday. The Mumbai team first scored a competitive 178 for seven, thanks to some sensible batting by Abishek Nayar and Dwayne Bravo, and then restricted hosts to 153 for seven in 20 overs.
Refusing to disclose details, Citi India Chief Executive Officer Sanjay Nayar told reporters that non-performing assets in the consumer finance segment were much larger than expected, but added that business remained 'satisfactory'. "It is classic over-indebtedness, consumers were over-leveraged, while the underlying capacity remained unchanged," he said on the sidelines of a press conference.
Vishal Mahadkar's horror film 3 AM is the story of a paranormal investigation gone wrong -- both for the film and the viewer, feels Nishi Tiwari.
The IPL pricing so far has been extremely irrational, and one expects franchise owners to correct this in subsequent years.
Shardul Thakur and Balwinder Singh Sandhu's superb bowling injected more spice into the Ranji Trophy semi-final, which seems headed for an exciting finish with Mumbai needing 384 runs to dethrone defending champions Karnataka. Set a daunting target of 445 runs, Mumbai were 61 for no loss at stumps on day two of the match in Bengaluru, on Thursday.
After a fine domestic season that earned him a place among the probables for the T20 World Cup, all-rounder Abhishek Nayar is raring to go in the second edition if the IPL.
Skipper Wasim Jaffer starred with a hundred as West Zone clinched their ninth Deodhar Trophy title, outplaying East Zone by 218 runs in the finals of the Zonal One-Dayers in Cuttack on Wednesday.
S Badrinath stood tall amid ruins before West Zone bundled out South for 199 and stretched their overall lead to 492 runs after day three of the Duleep Trophy final in Chennai on Saturday.
Exports rise for 8th month, albeit at lower pace
RBI targets to keep inflation at 4 per cent, (+/- 2 per cent), and its rise beyond this comfort zone will put pressure on the central bank to hike rates.