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.
Looking to monetise assets not in Reliance Capital's core area of business.
From India's perspective, a decline in the dollar against the major currencies invariably means appreciation for the rupee.
Republican presidential candidate Donald Trump is a fraud, a liar and a hypocrite, top Democratic leaders and speakers at the party's national convention said as they lashed out at the billionaire from New York.
The exchange has always seen huge volumes in gold trading. But due to a fall in prices, volumes took a hit.
Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global Management and Softbank to end up with a significant majority holding
Prime Minister Manmohan Singh will seek more investments from Japanese companies into India during his four-day visit to Japan.
The bid by Facebook highlights the company's efforts to accelerate its push into video as it tries to take advertising dollars from television and increase the time people spend on its platform.
The electric vehicle market in India needs a policy push that goes beyond targets, says Vandana Gombar.
'Awareness should be raised; protocols and procedures, and reporting mechanisms must be put in place to protect both men and women in the workplace,' notes Jael Silliman.
Harris, 54, would beat Trump most handily -- by a 10-point margin -- if the election were held now, according to an online poll carried out by Axios.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
The entrepreneur, who draws a minimum wage, won't be paid if he doesn't meet ambitious goals. But...
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.
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.
A new study has linked the use of contraception to improving your sex life.
Find out what's in store this year for everyone from Steve Jobs to Oprah.
Apple Inc is preparing for the largest initial production run for its next iPhones by the end of the year.
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
Some make for good investment ideas even after a strong run-up but others could see gains fizzling.
The new feature is designed to make Web pages faster.
In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.
If the deal is indeed being considered, this will be the first time that Ambani will be putting his money in a print media venture since he and his younger brother, Anil Ambani, split businesses to form their own groups
Vanity Fair's August issue, featuring Caitlyn Jenner, formerly known as 1976 Olympic gold medal-winning decathlon champion Bruce Jenner, on the cover was the magazine's best-selling issue in years. Covers featuring tennis aces Serena Williams, Sania Mirza and Maria Sharapova also delighted in 2015. Check them out.
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
"I'm short the dollar," Gates, chairman of Microsoft, said in an interview at the World Economic Forum in Davos, Switzerland.
The improving earnings and economic outlook has titled the scales back in favour of Indian equities this year, reports Pavan Burugula.
Reliance Infocomm may go public in 2005, Mukesh Ambani, chairman of Reliance Industries said in New York on Thursday.
Prime Minister Narendra Modi on Wednesday arrived in Frankfurt en route to New Delhi after concluding his visit to the US where he met President Barack Obama and agreed to make joint efforts to dismantle terrorist safe havens besides stepping up cooperation in defence, energy, economy and space.
NBFCs are mainly dependent on funding their operation from their own cash flows.
Medical tourism is likely to be the next major foreign exchange earner for India as an increasing number of patients, unwilling to accept long queues in Europe or high costs in the US, are travelling to the country to undergo surgery, according to a
President Donald Trump talked to the Saudi King, during which the latter flatly denied having any knowledge of the missing journalist.
Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.
Reports from Vienna said that China was leading the opposition to India's membership. Turkey, New Zealand, Ireland, South Africa and Austria are said to be backing the Chinese stand.
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