With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
The Board of Control for Cricket in India on Saturday refuted allegations that it violated India's foreign exchange regulations while conducting the second edition of the Indian Premier League in South Africa in 2009, insisting that all the payments were "bona fide and legitimate".
Here are some of the best photos from around the world in the month gone by...
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.
Just 20 years old, Inderlal Kamalsingh Dhurve is a migrant labourer, a part-time farmer, a sole breadwinner and one of four survivors from the group that was mowed down by a goods train near Aurangabad, Maharashtra, 10 days ago, claiming 16 lives.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
'Two have already sacrificed their lives.' 'How many more shall need to sacrifice before the government listens?' 'Four, five or six? They are ready, waiting.' After Ganga campaigner G D Agrawal's death, a Haridwar ashram's sadhus are on a relay fast unto death.
The CAD in 2012-13 was at 4.7 per cent of GDP and in 2013-14 it will only 1.7 per cent, the Finance Minister said.
Lalgarh, once a nerve centre of Naxal insurgency in West Bengal, now represents a different place.
Cairn, which is sitting on a cash pile of about $3 billion, in a statement said its board has approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 apiece.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
Launches of new homes reduced drastically this year.
All is not well with Telengana and its Chief Minister K Chandrasekhar Rao
The storage of water in the six major reservoirs in the state was just 6.2 per cent of capacity as of April 27, 2017, reports T E Narasimhan and Gireesh Babu.
If the Ganga manages a rebirth, so will the country.Roy
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Budget proposals have set four goals to transform Indian Railways.
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
'Given that 95 per cent of rapes are committed by adults and only 5 per cent by juveniles, these 95 per cent of rapes will continue to take place, so what women's safety are we talking about?'
The collapse of an under-construction 11-storey building in Chennai which claimed 11 lives should serve as a wake-up call for the housing sector to have a regulatory mechanism for the construction industry, says N Sathiya Moorthy
'The Modi government's lurch toward America has not brought it any dividends so far. The Western world is simply not in a position to make big investments in India... India needs to take a leap of faith vis-a-vis China.'
With EU, it is part of the FTA that we will need to negotiate.
'The response to terror is not always reciprocal terror, nor is launching a conventional response the best response.' 'The best response is to make the sponsor pay a price he cannot afford,' says former RA&W chief Vikram Sood.
'Modi is a master of convergence. By his ability to converge and add new features to a non-star idea, he is able to sell it. Like how he has turned Kutch into a tourist destination by selling the salt desert of the Rann as a flat snow desert of the night and roping in Amitabh Bachchan to sell it. In one stroke this has ensured economic returns to the people and on the other hand it has taken care of the national security angle in the sense that the border population in the Rann, which is almost entirely Muslim, is feeling better as now they are much more connected with the mainstream.' Ahead of the launch of his book on the much-debated Modi model of governance, journalist Uday Mahurkar speaks to Rediff.com's Sheela Bhatt.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
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