'Let us remember that Make in India for defence must not be our goal.' 'The goal is to have a strong military to help the nation protect its identity and assert its will.'
PhonePe wants to dethrone its Alibaba and SoftBank-backed rival, Paytm, claiming that additional capital that Walmart will bring to the table will help it grow much faster
The omission of historical responsibilities, implying the build-up in the atmosphere of 165 years of greenhouse gas emissions from industrialised countries, is a body blow to the notion of climate justice, sums up Darryl D'Monte, reporting exclusively for Rediff.com from COP21.
Though most analysts expect the global central banks to keep the liquidity tap open, valuations of Indian markets, they say, are beginning to look stretched. Against this backdrop, they remain cautious, with some even expecting a minor correction from here on.
What started in 2009 as a five-location service has seen a steep expansion.
Meet the new class of Forbes India 30 Under 30.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
Stick to export-focussed plays, large-caps, say analysts
His relations with the BCCI having reached its lowest ebb, it can be safely concluded that Virat Kohli has 'retired hurt'.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
Total debt for listed Indian companies excluding financials fell only 4 per cent to $368 billion in the year ended in March 2015.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Alvarez & Marsal will develop a detailed restructuring plan for the group to demonstrate to shareholders and lenders that it was self-sufficient in repaying its liabilities. So far, the IL&FS management had been working on its revival plan.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
The PM will meet President Donald Trump face-to-face for the first time at the White House on Monday. "I think that the US really appreciates India, and I think that President Trump realises that India has been a force for good in the world and that it's a relationship that's important. And I think that will come through in the visit on Monday," the official said.
Companies need to provide 90-95 per cent of what Europe, US, Japan, Korea may give and for that, you have to spend this kind of money: Pawan Goenka.
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
V Vaidyanathan, former executive director at ICICI Bank who turned entrepreneur to run Capital First, an NBFC that caters to smaller businesses, tells Pavan Lall in an exclusive interview that his new entity post the merger of Capital First and IDFC Bank which will be called IDFC First will launch by January and cater to a new India with value services.
'Decisions on nuclear power have so far been taken by a small select group, primarily interested in profiteering from their actions, stating 'secrecy' as necessary from the national security point.' 'This argument is false, because we are dealing with the 'civilian' nuclear power sector, which is open even to the IAEA,' says Dr A Gopalakrishnan, former chairman of the Atomic Energy Regulatory Board.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
At present, in Myanmar, GAIL and IndianOil have a minority stake in a gas pipeline which goes to China, through South East Asia Gas Pipeline Company.
India's decision to skip the meeting came after a year of bilateral discord over China's stubborn opposition to India's entry into the Nuclear Suppliers' Group and a UN ban against Pakistan-based terrorist group Jaish-e-Mohammed leader Masood Azhar.
Companies write off investments, shed assets as initial projections go haywire
Nifty snaps 10-day winning streak
'We're 26 and every time we write a song, we try to see how we can relate it to our life's experiences or that of our friends.'
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
'Speechless with the tragic news of the passing of my great mate and beloved cricketing man'
Other shortlisted chief executives include Abdulrahman Ali Al-Abdulla of Muntajat, Peabody Energy's Gregory Boyce, Pailin Chuchottaworn of PTT Public Company Ltd, Repsol's Antonio Brufau and Ian Taylor of Vitol.
The market breadth, indicating the overall health of the market was strong
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
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