'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'
'After taking the decision on Kashmir, nearly 20 days have passed and even now, the people there are not allowed to react or respond to it'
Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.
The Government of National Capital Territory of Delhi (Amendment) Bill, 2023, which will replace an ordinance promulgated for handling the transfers and postings of senior officers in the city government, was passed in the Lok Sabha on Thursday amid a walkout by opposition parties.
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
Most of the hirings are, however, in the entry or junior level.
'You need to apply a total health approach to maintain cardiac health.'
Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
The government on Tuesday asserted in Lok Sabha that it was ready to discuss issues related to farmers both inside and outside Parliament amid vociferous protests by the Opposition which forced repeated adjournments of both the Houses.
'Hindi-Chini Bhai Bhai? Don't you believe it. I don't trust the Chinese one bit,' Nehru told Gopalaswamy Parthasarathi before he traveled to China as India's ambassador. Asking GP to be ever vigilant, Nehru advised the diplomat to send telegrams on important matters only to him. Many such anecdotes from a long and eventful career as diplomat and bureaucrat crowd the pages of GP: 1912-1995, discovers Uttaran Das Gupta.
This also shows that there are other skills that go into a success story than mere ideas.
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Besides the Joint Entrance Exam that we all know of, here are some more that are equally competitive.
She had got 849th rank in the 2014 civil services exam and was allotted the Indian Revenue Service (Customs and Central Excise).
Rajyavardhan Singh Rathore has shot off a letter to the Lok Sabha Speaker against Shashi Tharoor for speaking in public about his intention to summon Facebook officials without discussing the matter first in the parliamentary committee the Congress leader heads.
In his letter to Lok Sabha Speaker Om Birla, Tharoor took strong objection to Dubey's remarks on Twitter that 'the Chairman of Standing Committee does not have the authority to do anything without discussion of the agenda with its members'.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
While the recent volatility in the secondary markets is a concern, experts believe the sentiment towards IPOs is still buoyant.
From 26-year-old Rakhi Birla to 41-year-old Manish Sisodia, the soon-to-be Delhi Cabinet is not just going to be the youngest ever but also probably the first in which all members, including the chief minister, are debutant members of Legislative Assembly.
About 80 per cent of the companies that are registered are essentially non-IT.
Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.
After six years in the business, the scorecard of Bengaluru-based QwikCilver is impressive, with a 90 per cent market share.
While the investment amount could not be immediately ascertained, a report pegged it at about $2 billion.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
Nearly 150 companies visited the campus this year.
We look back at some of the most inspirational stories featured on Rediff Get Ahead in 2014.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
Over Lebanese delicacies, the daughter of billionaire Kumar Mangalam Birla talks money, relationships, her passions and how she outpaced her peers.
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
'Unfortunately, our system doesn't care for slow learners. That's where tutors like us come into play,' Aarti Kannan tells Rediff.com's Divya Nair.
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
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Tata Sons, India's biggest business group, and firms controlled by billionaires Anil Ambani and Kumar Mangalam Birla are among the 26 companies that have applied for licences to open banks.
The Maoist-infested state needs a visionary leader and Hemant Soren is definitely not one, opines Aditi Phadnis
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
'I have realised that if we want to make a difference in global ranking, there has to be movement in a few dimensions, but it is a bit beyond us.' Outgoing IIM-A director Ashish Nanda discusses his tenure at the revered institute with Vinay Umarji.
