Business conglomerate Adani Group's chairman Gautam Adani is now the world's second-richest person after overtaking Louis Vuitton's Bernard Arnault, according to Forbes' Real-Time Billionaires List. At the time of writing this report, Gautam Adani's net worth was $153.9 billion, compared to Arnault's net worth of $153.7 billion. Adani is now just behind business magnate Elon Musk, according to Forbes' data.
Bollywood actor Payal Rohatgi was arrested by the Ahmedabad city police on Friday for allegedly threatening the residents of her housing society, an official said.
It was more more entertaining that Comedy Nights with Kapil
The Confederation of All India Traders (CAIT) representing 70 million traders has written to Union Commerce Minister Piyush Goyal, drawing his attention to the alleged violations of laws and regulations by quick commerce (qcom) companies.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The government in December had announced incentives for exporters that include extension of two per cent interest subsidy for an additional one year ending March, 2014.
Shareholders of Bombay Stock Exchange approved a bonus issue of 12:1 at an extraordinary general meeting held in Mumbai on Friday. The face value of the BSE share is Re 1.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
The feud between Gangwal and Bhatia came into the public after the former, in July, wrote to markets regulator Sebi seeking its intervention to address alleged corporate governance lapses at the company.
Company set to see its three co-founders - Executive Chairman Murthy, Executive VC Gopalakrishnan and Chief Executive Officer and Managing Director Shibulal move out in the next few months
Bangladesh's chief advisor Muhammad Yunus introduced to an American audience in New York the "brains" behind the "meticulously designed" protests that led to the ouster of Sheikh Hasina from power.
IndiGo has proposed to issue 185,000 shares worth to Chief Executive and Whole-time Director Ronojoy Dutta under the company's Employee Stock Option Plan (ESOP). The shares that can be exercised at a price of Rs 765 apiece is worth Rs 14,15,25,000. Dutta can exercise 25 per cent of that at the end of first year, 35 per cent at the end of second year, and the remaining in December 2023 when his current tenure ends.
A new "unreturnable" spin-serve had caught the attention of the world's top badminton players with even the Indian doubles shuttlers putting in the hard yards to master this latest skill, which many believe can give "unfair" advantage to the players.
Fuelled by rising passenger traffic and reviving local economies, the global airline industry is projected to record a net profit of $9.8 billion this year, IATA Director General Willie Walsh said on Monday and also made a strong pitch for having global standards for a Sustainable Aviation Fuel (SAF) book and claim system to help reduce carbon emissions. While addressing the Annual General Meeting of the International Air Transport Association (IATA) here, Walsh also flagged concerns about supply chain issues that are raising costs as well as limiting the ability of airlines to deploy aircraft. He also pointed out that decarbonising aviation is a serious issue and governments must not be allowed to use it to shore up exchequer finances.
"Don't forget that there is an ICC chairman's nomination to be filed on October 20. Whether the powerful people in the BCCI have a change of heart, is the question," he said.
Wipro chairman Rishad Premji on Sunday said its leaders will start returning to office from Monday after 18 months of work from home amid the COVID-19 pandemic. "After 18 long months, our leaders @Wipro are coming back to the office starting tomorrow (twice a week). All fully vaccinated, all ready to go - safely and socially distanced," Premji said in a tweet. He also shared a video about the COVID-19-related safety protocols, including temperature checks and QR code scans, that have been put in place at the Wipro office.
Australia signal Warner ban to be revoked after integrity code review
Why did the political system in the country react to these two decisions of the Modi government in a diametrically opposite manner? asks A K Bhattacharya.
Kamlesh Patel was tasked with navigating Yorkshire County Cricket Club through a racism scandal involving British Asian cricketer Azeem Rafiq.
Shareholders' demand list included from providing ABCD (appreciation, bonus, cash & dividend) security to making pepper spray.
While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license. UPI consumer data indicates stable market share, and expansion in partner networks in financial distribution. All this implies Paytm could be set to meet guidance of turning Adjusted Ebitda breakeven by Q4FY25 (ex of UPI-incentives).
Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).
In a conversation with Business Standard after an eventful annual general meeting of Kingfisher, he clears the air on many aspects.
The RBI said the board has been superseded "in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively". It has also appointed Nageswar Rao Y (ex-executive director, Bank of Maharashtra) as the administrator of the NBFC.
The home minister will also review the preparation for the annual Amarnath pilgrimage set to start on June 29.
State-owned Indian Oil Corporation said it has earmarked Rs 43,250 crore for capacity expansion over the next five-year period. This was announced by the company's Chairman S Behuria at its annual general meeting in Mumbai
Any player who accepts a sanction under the current code, as Warner did, forgoes the right to a later review of the punishment but the CA board on Friday asked the body's head of integrity to propose an amendment to it.
In 2019, an all-party meeting was held in Delhi and it was attended by 19 political parties to discuss critical reforms in governance. One of the subjects of the discussions was simultaneous elections
Fearing legal repercussions, N Srinivasan refrained from staging a comeback as Board of Control for Cricket in India president but attended the Board's working committee meeting which decided to have its crucial Annual General Meeting on September 29 in Chennai.
IT services firm Infosys on Thursday reported an 11 per cent rise in consolidated net profit in June quarter at Rs 5,945 crore, but lowered full year growth outlook to 1-3.5 per cent amid macro uncertainties. The net profit (before minority interest) during the same period previous year stood at Rs 5,362 crore.
Hockey India President Dilip Tirkey on Thursday confirmed the appointment of Indian former field hockey player Sardar Singh and Rani Rampal as the chief coach
Less than a week after closing an acquisition, Premji tells investors firm will continue to look at buyouts.
ICC Chief Executive Geoff Allardice said he was pleased to confirm two iconic venues for the next two cycles.
Electric two-wheeler (e2W) maker Ather Energy has submitted preliminary papers to the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the IPO will comprise a fresh issue of equity shares valued at Rs 3,100 crore, alongside an offer for sale of 22 million equity shares by its promoters and investor shareholders.
For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.
Realising that rising prices had brought the Congress down in the Assembly elections, Gandhi flagged tackling inflation, including the food part, as top priority.
The war and Modi's recent visit to Ukraine is expected to figure prominently in the bilateral meeting, according to US National Security Adviser Jake Sullivan.
BCCI President Anurag Thakur will continue as India's representative in the International Cricket Council.
India and China on Wednesday held 'constructive' and 'forward-looking' diplomatic talks to resolve the over four-year border standoff along the Line of Actual Control (LAC) in eastern Ladakh but there was clear no indication of any breakthrough.
