The Indian market is very competitive because you have existing foreign banks, private banks, new foreign banks and public sector banks, says Mike DeNoma, executive director, StanChart.
Flight AI173 from Delhi was diverted to Magadan in Russia on Tuesday owing to an engine glitch, the Tata Group-owned private carrier said in a statement.
Global travel and payment services firm American Express will be trimming another 4,000 jobs representing nearly 6 per cent of its global workforce, as the firm continues its efforts to cut down costs.
They expect the region to enter a period of strong recovery and growth as early as the fourth quarter of 2009, according to a global survey of CFOs conducted by American Express. Thirty nine per cent of CFOs in Asia and Australia are expecting economic expansion in their country compared with only 18 per cent of global respondents. On the other hand, 45 per cent are anticipating a contraction compared with 72 per cent of global respondents.
Ajit Balakrishnan on keeping an eye on democratising finance in India.
Mansi Hemdev is an entrepreneur -- and a very young one, at that. At the age of 21, she already owns her own cafe in Chennai. rediff.com's Ganesh Nadar caught up with this enterprising young lady to learn more about her business and career success.
Congressman Jim McDermott, who represents Washington state -- who incidentally voted against the enabling legislation also known as the Hyde Act two years ago -- said, "The likelihood of Congress taking up the nuclear issue again before the end of the year is, it will be very difficult."
Fashionistas with a distinct sense of style share their fundas.
An American defence contractor has pleaded guilty to having illegally sent blueprints of military hardware to India, including parts used in nuclear submarines.
Liverpool manager Juergen Klopp said that his side should be awarded the three points if Monday's game against Manchester United at Old Trafford is called off due to home fans protesting against their owners.
Prime Minister Narendra Modi's visit to the United States hasn't been all rosy with a Sikh group protesting his visit and also securing a summons against the Indian PM in the 2002 Gujarat riots case. However, in the face of these protests, a group of Sikhs in New York met with the PM and expressed solidarity with him on Saturday.
Modi said this 'special invitation' from President Joseph Biden and First Lady Jill Biden for a state visit is a reflection of the vigour and vitality of the partnership between the democracies.
A 75-year-old French actor has alleged she is being held "hostage" in her house at Calangute in North Goa since earlier this week over a property dispute and finds herself in a "dangerous situation".
New Delhi-based businessman Krishan Kumar Karnani had to cancel his order resulting in humiliation and loss of goodwill in the market as the bank's cheque of Rs 1,72,000 was dishonoured with remarks 'stop payment'. Karnani, who had approached the bank following an advertisement in the newspapers on August 21, 2000 for 'spot loan', was found eligible under the scheme.
Cancer has no race, so why do new innovative cancer drugs discriminate based on race and ethnic groups, asks Digonto Chatterjee.
Morocco has lodged a last-minute bid to host the 2026 soccer World Cup and will compete against a three-way bid from the United States, Mexico and Canada.
The eastern theatre command of the Chinese People's Liberation Army successfully completed all tasks of its combat readiness patrols and exercises around Taiwan Island, official media in Beijing reported.
Aviation industry sources said some of the airlines were also planning to consolidate their flight schedules, by cutting some flights to certain select destinations. Indian carriers were also focusing on getting their products to a global standard and consolidating their domestic market, the study also pointed out.
The prime minister, who is visiting the US at the invitation of President Biden and First Lady Jill Biden, will join them for the state banquet along with a number of dignitaries on Thursday.
Pakistan's new Prime Minister Shehbaz Sharif and Russian President Vladimir Putin have quietly exchanged letters to strengthen bilateral relations, a media report said on Sunday, amidst allegations by Imran Khan that his maiden visit to Moscow, much against Washington's wishes, led to his ouster.
The Commission was critical of the fact that the information relating to subscribers, which was confidential and lying with mobile companies, was being passed on to telemarketing agencies without the users' consent.
Amchem said that Amway is a direct selling FMCG company that uses multilevel marketing to sell its daily use products through independent distributors, instead of from a shop or a mall.
Salman Rushdie has been taken off a ventilator and was able to talk, a day after the Mumbai-born author was stabbed, in what US authorities said was a 'targeted, unprovoked, preplanned' attack.
Since the bull run began in May 2003, the Sensex has gone up by 367%. The MoneyLIFE Index of lifestyle stocks has gone up by 507%. A major bull market for leisure, lifestyle and entertainment stocks has just begun.
'I am a lover of Hinduism, a lover of Jainism, Buddhism and other religions that were born in India, but we need to protect the rights of all people there. Whether they're Muslims, Hindus, Buddhists, Jews, Christians, Jains'
A 33-year-old Indian-American woman has been sentenced to 30 years in prison in the United States for female foeticide and child maltreatment of a dependent.
Sujatha Gidla's scathing observations about Mahatma Gandhi and other highlights from Jaipur Literature Festival 2018.
India scripted history as the ambitious third Moon mission of the Indian Space Research Organisation (ISRO) touched down on the Moon's south pole, propelling the country to an exclusive club of four and making it the first nation to land on the uncharted surface.
A study has revealed that demand for hotel rooms will outstrip supply in 2008, in the Asia Pacific region. Bangalore is rated on top of the list of cities running short of hotel rooms.
The US regulators on Wednesday fined Citigroup, American Express, J.P. Morgan Chase & Co and Putnam Investments a combined $81.25 million for failing to provide customers with necessary information about mutual funds.
'The government should immediately enact an Act to make caste discrimination a criminal offence and lay down a procedure similar to that of the Anti-Ragging Act.' 'Ragging has nearly been eliminated because it is treated as a criminal offence.' 'Similar procedure should be used in case of caste discrimination.'
India taking up Russia's offer of discounted crude oil would not be a violation of American sanctions, the White House has said. "Our message to any country continues to be that abide by the sanctions that we have put in place and recommended," White House Press Secretary Jen Psaki told reporters at her daily news conference on Tuesday. Asked about a report on the possibility that India could take up the Russian offer of discounted crude oil, Psaki said, "I don't believe this would be violating that (sanctions)."
Security was beefed up around the Indian high commission in London on Monday and Scotland Yard detained one person in connection with vandalism at the mission by Khalistan supporters a day earlier as India asked the UK to quickly arrest and prosecute those involved in the attack.
India CEOs of 12 banks form pressure group within IBA.
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
The competition for the worst or most perilous 10 years has always been between the 1960s and the 1980s, points out Shekhar Gupta.
Indian millionaires are growing in numbers and the population of individuals with liquid wealth of $1 million is expected to touch 1.1 million by 2009, says a survey by plastic card major American Express.
