Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
When New York Mayor Michael Bloomberg formally inaugurated the Sports Museum of America May 7, Sameer Ahuja saw a dream transform into vibrant reality. The nation's first and only interactive, multi-media all-sports museum experience proved an instant hit, with people lining the street before its 26, Broadway entrance, just across the street from the Statue of Liberty ferry, to get in. The building had earlier housed the Standard Oil Company, founded by John D Rockefeller.
Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
'The market position from here on is expected to go up'.
It is significant that the PM's appeal to invest in India comes at a time when the global economy is facing a difficult phase
The Reserve Bank of India on Wednesday said that the rupee was much more stable compared to other international currencies and it was happy with its movement even as the currency advanced to a one-year high.
Bloomberg's data notes that since last year, Bill Gates's net worth has decreased by $1.1 billion, while Ortega's has increased by an impressive $10.4 billion.
The price difference between branded tea and loose tea has narrowed to a mere 5 per cent, helping the consumer to opt for branded labels. According to Bloomberg, the wholesale price index for tea in India gained 74 basis points from 128.30 in January to 222.50 at end of October this year. As a consequence, tea manufacturers in the wholesale and loose tea business, besides branded tea players, have increased prices.
The shortlist for the Architectural Photography Awards 2018 has been revealed. The awards are split into four categories: Exterior, Interior, Sense of Place, and Buildings in Use, with each comprising five finalists. The 20 photographs that make up the shortlist will be exhibited at the World Architecture Festival in Amsterdam between November 28 - 30, and an overall winner will be announced on the 30. Here are some of the brilliant photos in the shortlist.
Mayor Bloomberg shared a breakfast chat with representatives of six major faiths at the Mayor's annual inter-faith meet. Hinduism was represented by Dr Uma Mysorekar of the Hindu Temple Society of North America and six other Krishna devotees.
A drop in value of the rupee against the dollar and other major currencies may hurt Maruti Suzuki, the country's biggest producer of passenger cars, as it is slated to import as much as Rs 2,000 crore (Rs 20 billion) of auto parts in this financial year.
Researchers found those who had orthostatic hypotension at the beginning of the study had a 54 per cent higher risk of developing dementia
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
Strong passenger growth will help domestic airlines improve their top line and margins.
Amidst reports that Donald Trump is gaining ground in key battle states in the US, the Republican presidential nominee on Thursday said that Americans are "ready to discard failed political establishment" that disrespects upon hardworking people.
Jim Rogers, expert financial consultant, predicts a US recession in the near future and advises sound investment in agriculture.
Now, economists are famous for having a wide array of views, with most of them being wrong, but it is difficult not to notice that economists working for companies that will benefit the most from -- and, in some cases, desperately need -- lower interest rates are the ones that are screaming most loudly about how terrible things are and how the US Fed needs to cut, cut, cut rates.
As a first step, the company has sponsored a Bloomberg news terminal at the Indian Institute of Management Ahmedabad.
Musharraf and Bhutto had earlier met on July 27 in Abu Dhabi, capital of the United Arab Emirates, according to the Pakistani government.
Forget sack races and Slip 'n Slide. These days select companies are adding luxe touches to their annual employee outings.
Investors willing to pay premium for only software, banking stocks.
Indian-origin US presidential aspirant Bobby Jindal is considering skipping the next Republican national debate after he failed to garner a minimum 2.5 per cent support in a recent poll, according to a report.
As volatility continues to plague the emerging markets, India has been the worst performer after Vietnam this year. The US credit crisis and fears of a recession in the world's largest economy is compelling the foreign funds to dump stocks.
The CMD thinks the carrier will be back in the black next fiscal; his colleagues can't understand how.
The parent companies, however, performed well on the profitability front, posting 30.93 per cent net profit growth compared to 22.6 per cent by their Indian subsidiaries.
From India's perspective, a decline in the dollar against the major currencies invariably means appreciation for the rupee.
Twitter has been in talks with India-born Padmasree Warrior among others.
Prime Minister Manmohan Singh will seek more investments from Japanese companies into India during his four-day visit to Japan.
Stellar results compared to TCS led to reversal of valuation discount.
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
Looking to monetise assets not in Reliance Capital's core area of business.
The move is expected to help Nokia expand its presence in the key US market.
When BJP leaders, including Mr Modi's number two, Amit Shah, use the pandemic to launch an assault on state governments run by opposition parties, or to topple them, they are exploiting a grave crisis in cynical political self-interest, notes Shekhar Gupta.
The exchange has always seen huge volumes in gold trading. But due to a fall in prices, volumes took a hit.
In his departure statement ahead of his week-long visit, Modi referred to Indo-US relations and said working together, the two nations can contribute to building a more peaceful, stable, secure, sustainable and prosperous world.
The Alibaba tycoon is all about Love Quotient, not IQ or EQ.
The shock and anger that had consumed Bear Stearns' 14,000 employees on Sunday afternoon had, by mid-week, yielded to a sense that the door of opportunity may have just opened.
In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he concluded that he did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove".
Polls show that Hillary's contenders are stronger than her.
While Global Warming has been talked about for some years now, most of us haven't taken it seriously.
