Micky Jagtiani, owner of Landmark, the unlisted Dubai-based retail chain, has entered the list of 10 richest Indians compiled by Bloomberg.
A day before the United States presidential elections, officials in New York and New Jersey, the two worst hit states by hurricane Sandy, were scrambling to put in place alternate voting sites to enable millions disrupted by the storm to cast their ballot.
India growth story has been deeply hurt by a suffocating bureaucracy and a workforce, which is 'unskilled'.
Adani group has interests in a wide range of businesses - trading, coal mining, realty, shipping, city gas distribution, power generation, edible oil refining, grain storage, food processing.
Recently, Suzuki Motor Corp (SMC) in an investor presentation expressed strong intent to enter the electric vehicle (EV) space. This is part of a larger strategy the Hamamatsu-based firm has drawn up in developing electrification of technologies as it seeks to achieve carbon neutrality. The significance of this presentation is that it marked the first time that the Japanese carmaker spelt out its EV strategy with well-defined timelines. SMC plans to develop electrification technologies by 2025, fully implement them in products from the same year, and make a full-scale quantitative increase from 2030.
An MBA from Harvard Business School with work experiences in global firms like Bain Consulting and GE, Rishad joined Wipro in July 2007 as a business manager in the banking and finance division.
In the current economic scenario, most banks around the world have experienced some jitters and felt the jolt. However, some banks have managed to steer away from the storm and stay resistant to the troubles whirling around the sector.
Expectations for a rate cut had gathered momentum this week after inflation slowed to its lowest level in three years.
Oil sank to the lowest level in a month after shedding all of its gains from the US-Iran clash as traders waited to see whether any further hostilities will disrupt exports from the East Asia.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Australian mining magnate Clive Palmer on Friday delayed the roll-out of details for his Titanic II project out of respect for the victims of superstorm Sandy.
Overall, Tata Steel becomes the seventh non-financial firm, including four oil PSUs to report quarterly revenues of Rs 50,000 crore.
To maintain a strong and mature economic growth, countries around the globe are focusing on attracting foreign investments. For this, many nations are working on developing easy policies and laws for foreign investors.
If the government had paid enough to begin with, or if it had made serious advance purchase commitments that allowed the vaccine producers to mobilise necessary investment, then it is possible to imagine more free or subsidised vaccines such as are available in developed economies, asserts Mihir S Sharma.
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
China's assisting and arming Pakistan has made "it a second class enemy", but its economic strength overpowering India is not a real concern, according to Tata Group Chairman Ratan Tata.
A massive snowstorm hits United States, with upto 12 inches of snow expected in New York. Hundreds of flights were cancelled and schools closed following the wintry weather.
As the coronavirus outbreak enters its fifth month, the UN Children's Fund (UNICEF) requested $1.6 billion to support its humanitarian response for children impacted by the pandemic. The health crisis is 'quickly becoming a child rights crisis. And without urgent action, a further 6,000 under-fives could die each day', it said.
Tata Nano's potential was not fully exploited and the world's cheapest car needed another push to boost sales, said Tata Motors Ltd Chairman Ratan Tata.
"In the wake of the Wisconsin killings, which have shocked the national conscience, our City can enact meaningful inclusion of this community by changing NYPD rules to allow Sikhs to serve without having to forsake their turbans and beards," the New York City Comptroller John C Liu said in a letter to Bloomberg on Sunday
The 125th birth anniversary of the iconic Statue of Liberty was celebrated in New York with events including a gun salute, fireworks and naturalisation ceremony for 125 immigrants organised to commemorate the day.
Results from early-phase non-randomised vaccine trials in a total of 76 people show that two formulations of the vaccine have a good safety profile detected over 42 days, and induce antibody responses in all participants within 21 days.
Mukesh Ambani, who is in talks with Saudi Arabian oil giant Aramco to sell one-fifth of his oil-to-chemicals business in India for $ 15 billion, said the two countries have all factors to drive growth - technology, young demography, and leadership.
A 27-year-old man, who was allegedly an al Qaeda sympathiser, has been arrested in New York by law enforcement authorities on charges that he planned to carry out terror attacks in the city targetting government workers, military personnel and officials in New York.
US election results may not reverse Indian markets' bearish trend, says Devangshu Datta
Analysts predict TCS's outlook to be stable.
The Reserve Bank of India's limited intervention was not enough to lift the rupee, the worst performing Asian currency since March.
Celebs follow a template for their special day -- an intimate ceremony with few people and a keen eye for a touch of luxury in every aspect.
Indian consumers and oil companies are losing out because buying remains a government monopoly.
Posts a fall in net profit sequentially despite clocking higher volume growth.
In the lawsuit filed in federal district court in Manhattan, five of the protesters said police officers had led people onto the bridge's roadway and then prevented them from leaving the bridge on Saturday.
New York Mayor Michael Bloomberg on Friday said the new terror threat to the city ahead of the 9/11 anniversary is "credible but has not been corroborated". He asked people to remain vigilant as law enforcement officials further heightened security across the city.
Oil imports are a third of India's total import bill.
The market capitalisation of China, the world's second-largest economy, has topped $10 trillion for the first time.
Formula One commercial supremo Bernie Ecclestone has dismissed reports from Australia he was visiting New York this week to discuss the possibility of staging a Grand Prix on Staten Island.
World Health Organisation data suggests that the biggest causes of mortality in children between the ages of 0 to 4 years are prematurity, acute lower respiratory infection (including pneumonia), birth asphyxia and trauma and diarrhoeal disease.
The United States will not stop its drone attacks in Pakistan's tribal areas bordering Afghanistan, President Barack Obama's top military officer has said, according to a report.
The controversy about the construction of a mosque near Ground Zero "has highlighted the inner strength of America's pluralist society as well as the raw sentiments of some politicians," according to Srinagar-born Professor Sayyid M Syeed, national director of the Office for Interfaith and Community Alliances of the Islamic society of North America.
'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici
The government hopes the latest action will lead to banks also lowering the cost of borrowing for corporate and individual borrowers.
