Technology giant IBM's workforce-rebalancing efforts have now hit India, with the company asking several of its employees in its hardware business unit to quit.
Former Finance Minister Yashwant Sinha said inflation in India is not going to be reduced any time soon, thanks to the wrong policies of the United Progressive Alliance Government headed by Prime Minister Manmohan Singh. He was responding to a question by rediff.com on the sidelines of a day-long India business conference at the Columbia University, in New York. He said that the government should have woken up long time ago and not now when the situation is out of control.
Economic reforms in India are being hampered by interventions from business pressure groups and politicians, including Left parties who support the ruling United Progressive Alliance government at the Centre, Tata group chairman Ratan Tata said.
India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.
By 2022, there is a plan to make an mRNA-technology vaccine, for which it has tied up with Canadian firm Providence Therapeutics.
Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.
Walmart had entered into a joint venture with Bharti Enterprises.
'If the government was serious about co-opting the corporate sector meaningfully in the fight against COVID-19, it could have specified activities beyond cheque-writing,' notes Kanika Datta.
Talking corporate heads are a barometer of the business community's engagement with the economy. If they have nothing to say now there should be cause for concern.
Upholding principles was a luxury when there were charismatic leaders capable of winning elections without stooping low to indulge in identity politics, observes Virendra Kapoor.
His career as a bureaucrat has been somewhat colourless, which suggests his current elevation is simply a matter of being at the right place at the right time.
While Yadav began to tour different constituencies and address public meetings to mobilise the SP rank and file, he has concurrently started the tedious process of cobbling up an alliance of smaller outfits representing a mlange of castes and sub-castes, reports Virendra Singh Rawat.
Modi has often been accused of promoting crony capitalism in Gujarat for his proximity to certain businesses.
At the moment, there appears to be no alternative political narrative to the one lying buried under the debris of havoc caused on this front by the fallout of 'August 5, 2019', asserts Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
In an exclusive interview with Business Standard, Nato Secretary General Anders Fogh Rasmussen insisted that the military alliance's relations with close ally Pakistan would not be developed at the expense of India.
Massive restrictions on legal immigration - including restricting immigrants who contribute to medicine, science, and research in the United States, and who are working to develop treatments for coronavirus and other deadly diseases - will not only hinder efforts to save lives, but prevent job creation and hurt American economy as the country struggles to recover.
The Vodafone India head said hope is high now with the new government coming with a strong mandate and he is sure that the new government will quickly start to address some of the blocking factors for stronger economic growth.
India had been engaged in a contentious battle with the US over the issue, especially in the pharmaceutical sector.
The previous United Progressive Alliance government had permitted up to 51 per cent foreign direct investment in multi-brand retail but the current National Democratic Alliance government is opposed to it.
In his first poll rally for the April 6 assembly polls, Modi rooted for the Tamil language, culture and invoked the welfare legacies of M G Ramachandran and J Jayalalithaa, late chief ministers and All India Anna Dravida Munnetra Kazhagam icons.
The national airline had incurred a net loss of Rs 5,859.91 crore (Rs 58.59 billion) last fiscal.
It will not be to India's advantage to create misperceptions that it is bandwagoning with some Anglo-American project for regime change in Myanmar, argues Ambassador M K Bhadrakumar.
In 2020 India was compelled by China to change its national security strategy. From counter-insurgency, which the army has been focussed on for years, we shifted to conventional war, observes Aakar Patel.
This comes despite sharp criticism received from various RSS affiliated organisations
Sitharaman also highlighted the steps taken by the government to achieve ease of doing business by digitisation of approvals and making more stable policies to make India a favourable destination for investors.
A meeting of opposition leaders from many anti-Bharatiya Janata Party parties, most of them regional forces, hosted by the veteran leader and Nationalist Congress Party president Sharad Pawar on Tuesday is being seen by political pundits as a beginning of an exercise by them to join forces to put up a more cohesive challenge to the saffron party.
Long caught between two polarities, Gujarat's electoral field has expanded to include a third party with the Aam Aadmi Party challenging the ruling Bharatiya Janata Party as well as the opposition Congress that has lost ground but still has significant presence.
'As people have moved from cities to small towns and villages, they have carried the infection into new territories.' 'Poor healthcare infrastructure in these places should be a big worry in the days to come.'
'We should expect a cold-blooded, transactional relation that requires a lot of engagement and mutual trust to sustain,' says Constantino Xavier, Fellow, foreign policy, Brookings India.
'While dairy farmers are suffering from low prices, consumers are paying a high price for milk.'
'Gift-giving' - from free dinners and drug samples to promotional merchandise - seems to be driving drugmakers' marketing - a marketing prescription deeply entrenched in the industry. This is a well-oiled racket that sees pharmaceutical (pharma) companies 'gifting' doctors to push their respective drugs under the guise of marketing. But is there a cure in sight to end this unhealthy alliance? The recent controversy following the income-tax raids on Bengaluru-based drugmaker Micro Labs, makers of popular paracetamol brand Dolo-650, has brought this to the fore, again.
The apex auditor is busy preparing a report on the Air India-Indian Airlines merger and modernisation of airports through public-private-partnerships, both carried out during the previous term of the United Progressive Alliance government.
Mukesh Ambani's Reliance group has struck acquisition deals worth $4.2 billion with a dozen companies in just two years to expand its retail business. The latest purchase was of a majority stake in Justdial for Rs 3,497 crore. Elaborating on his acquisition strategy a few weeks ago during the AGM, Ambani stated that one of the key planks would be to acquire businesses that enhanced Reliance's offerings and experiences to customers and that they would be both physical and digital.
In India, it is fighting a pitched battle against Ola.
Teams of both companies are collaborating on all areas of mutual interest including electrification, distribution and product development.
ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.
A report by the Azim Premji University showed that during the pandemic 270 million Indians were pushed into poverty. Meaning that they were not poor according to the government poverty line before, but have become now. Aakar Patel mulls on the state of the nation as the Modi government enters its eighth year.
Kerala, Punjab, Telangana and Andhra Pradesh are among the major agriculturally important states that have banned the use of glyphosate citing its adverse impact on human health.
