Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.
Ekta Mohanani Kamra, travel enthusiast and founder, Hop & Bop, lists places and activities to add to your monsoon bucket list.
There, however, has been an improvement in operating margins.
A summary of major figures and facts at the Tokyo Games.
Maharashtra is looking for potential investment from the US electric car major Tesla in the state and has held discussions with the company, weeks after Tesla revealed its plans to enter the Indian market.
India Inc gets about Rs 67,000 crore worth of fresh orders in the Sept quarter, a rise of 45% sequentially.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Chandrayaan-3's success is a must for India's space ambitions; we can't afford to lose out. And for realising our space dreams, the Indian private sector must be encouraged because if we lose this race, the moon, Mars, and mineral-rich asteroids will already be crowded before we reach there.
"Getting straight to business. PM @narendramodi just concluded a fruitful interaction with top energy sector CEOs at a Roundtable meeting in #Houston. Discussion focussed on working together for energy security and expanding mutual investment opportunities between India & US," MEA Spokesperson Raveesh Kumar said in a tweet.
The two sides held discussions on enhancing investment in technology, renewable energy and food security.
It rained investments on India as the Make In India programme, envisioned by Prime Minister Narendra Modi with a focus on the manufacturing sector, raked in Rs 15,20,000 crore in committed investments.
PM Modi also called for a strong action plan for combating extremism.
Top losers in the Sensex pack included Tata Steel, Vedanta, Maruti, SBI, Coal India, Tata Motors, Sun Pharma, HUL, RIL, IndusInd Bank, Axis Bank, HDFC duo, ICICI Bank, M&M, Kotak Bank, and Infosys, falling up to 2.89 per cent.
The global Indian company has hit gold in the Emirates of the Gulf.
In the Sensex pack, Bharti Airtel was the top performer, surging 4.61%. Other gainers included ICICI Bank, IndusInd Bank, L&T, Sun Pharma, RIL, HDFC duo, Tata Motors and M&M -- climbing up to 3.69%.
Raising the issue of Balochistan for the first time before the United Nation, India on Wednesday accused Pakistan of widespread human rights violations there as well as in Pakistan-occupied Kashmir.
'Cyrus was always very different. He would think before acting.'
Mahindra will serve as a mentor and sounding board for the managing director on issues to be presented to the board, especially in the areas of strategic planning, risk mitigation and external interface. In addition, he will be available to provide feedback and counsel to the managing director on key issues facing the enterprise.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
An $1 per barrel change in crude price impacts the net import bill by Rs 3,513 crore.
Adani is the fastest growing energy company in Asia-Pacific and the second fastest in the world
'I was born a lower middle-class person, am one today and will die as one,' Billboard's International Power Player Devraj Sanyal tells Vanita Kohli-Khandekar.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60.
So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?
The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year
India 'throws up' investment opportunities for Qatar investors.
Holding that popularity of language was linked with financial might of any country, Prime Minister Narendra Modi on Tuesday said that importance of Hindi was set to increase with India marching rapidly towards economic prosperity.
Skylark Drones, a leading drone platform company that counts Tata Steel, Ultratech Cement, Softbank Energy among its customers has secured $3 million in a pre-series A funding round. It would use the funding to strengthen its product offerings and fuel international expansion.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Commercial launch and supply to major government and private hospitals is expected in mid-June.
The domestic deal-making activities were hit by weak corporate governance and a huge liquidity crunch in 2019, while the global deals were also hard to come by due to various factors including uncertainties caused by the US-China trade war, which left many investors in a wait-and-watch mode.
The UK has responded to PM Modi's call to 'Make in India' by launching great collaborations in January 2015.
The army has long been deficient in artillery, the modern battlefield's most lethal killer, says Ajai Shukla.
With $120 billion worth of deals, 2018 was the best year on record. Many also blame frequent policy flip-flops and increasing tax scrutiny as big dampners for business.
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
The country may propose pipeline via China when Putin visits this year.
