Accompanied by Japanese Prime Minister Shinzo Abe, Obama lay flowers at the cenotaph in Hiroshima, which sits in the shadow of a domed building, whose skeleton has been left standing in silent testament to the victims of the first ever nuclear attack.
While hotels and FMCG saw weak top line growth, most segments witnessed Ebit margin contraction.
'Physically, he is your boy next door, but attitude-wise, he is an evangelist who does not mind shouting from the rooftops to take a stand on a cause he believes in.'
Global supply is staying in excess of demand.
The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was made easier by low crude oil prices.
Economists warn of the impact that a Fed rate rise could have on emerging economies.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
Experts hail 2014 as the worst year for banks.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
Wayward employee behaviour at Uber and Infosys highlights the risk to corporate reputations.
Cook's statement is of major significance, especially given Apple's recognition as a global brand, says Aseem Chhabra.
The lesson for Indian corporations, which otherwise like to pride themselves on adopting global best practices, is corporate America's proactive activism.
Renewable energy is mistakenly restricted to electricity.
Zara co-founder Amancio Ortega has toppled Bill Gates to become the world's richest person four times. A peek into the life of the 81 year old even Jeff Bezos can't keep up with!
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
Deal values have been falling steadily since May this year, when it touched a high of $851 million.
Infosys' aspirations to improve revenue per employee might also prove to be a tall task, believe analysts.
Longest period of price-earnings expansion in the index since 1996
According to estimates, if the companies are not allowed to raise petrol rates at least Rs 5 a litre by the first fortnight of September, they might begin to suffer underrecoveries on this decontrolled auto fuel, too -- for the first time this financial year.
From February to mid-March, oil prices receded rapidly.
For debt-laden companies, asset sales is an obvious solution.
For the last 40 years, Modi fasts during Navratras devoted to Ma Amba. He drinks lukewarm water and sometime he eats a fruit a day.
The contraction in M&A activity in India contrasts sharply with the upbeat global picture, much of it led by a reviving US economy.
On Wednesday, the Chinese authorities extended a ban on sales of shares by large shareholders.
Here are 10 global and domestic factors.
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
India needs to fix policy paralysis in order to reach teh top slot in solar power.
For the four new players, the spike in wealth is 126 per cent.
Uber is present in over 250 cities in 50 countries.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
oreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter