Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.
'Now they're talking about changing the Constitution; they feel they have no reason now to hide their intentions.'
'The continuing crisis in agriculture, the inability of successive governments to provide secure jobs to millions of youths having varying degrees of skills, and fragmentation of politics have created a sense of despondency.'
'When one was with Mother, one realised you were with somebody who was the nearest person to God.' 'She must have been God incarnate.'
Bharati Dutt witnessed life-changing events that shaped India on the threshold of freedom. Her memories are an account of how ordinary Indians saw India change.
'The skilling gap is a serious issue.' 'We partner with the government on skilling, but as a company we have several skilling programmes, and we work closely with the partner ecosystem.
'Hatred increases with every killing.' 'It sets one family against another.' 'The sooner it is stopped, the better.'
Thimpu apparently didn't think it necessary to take Delhi into confidence. Bhutan is loathe to getting dragged into the geopolitical rivalry between India and China. And for Beijing, this was too good an opportunity to be missed to thumb its nose at the powers-that-be in Delhi, points out Ambassador M K Bhadrakumar.
The team heard a loud crackle. Then the scream came from Dilshan at the front of the bus. 'Get down.' Jayawardene was hit first; his sock filled with blood. Outside, twelve gunmen blocked the exit. A revealing excerpt from Nicholas Brookes's An Island's Eleven: A History of Cricket in Sri Lanka.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
Colonel Ajay Kothiyal, Kirti Chakra, Shaurya Chakra, is one of the most decorated soldiers to join politics. He still has two bullets lodged inside his body sustained in a gun battle with terrorists in J&K.
'The logical step is to challenge the very legitimacy of the Chinese claim over Tibet,' recommends Inspector General Gurdip Singh Uban (retd).
Prominent in the DRDO's display are several artillery guns, armoured vehicles and tanks that underline a measure of success in developing these key weapons platforms for the army. Here are three systems that are headed for success.
No plaque marks the historic meeting place of the fathers of two nations. And no history textbook tells us about that first meeting and their mutual admiration, common ethos and comradeship.
'It is a pattern of behaviour of the Chinese that whenever a Chinese leader visits India or an Indian leader visits China, some incidents take place.' 'When Modi visits China, we should look out for some similar demonstration by the Chinese.'
'Our boys are very patriotic.' 'They say Bharat Mata Ki Jai and Jai Hind in front of the Chinese.' 'We have never accepted their claims, we are Indians and proud to be Indians.'
'Jim Corbett was a remarkable man. There's a history behind Corbett and he deserves the honour of the area being the Jim Corbett National Park.'
Lord Paul made reference to Caparo's factory in Singur.
Why is the Mini the only "lifestyle" auto badge that seems to be growing and staying strong? Pavan Lall finds out.
'Having dedicated my life towards improving breast healthcare in my motherland. I shall continue to work with rock-solid determination following this "chosen" path.'
Today, the two countries, ruthlessly divided by the Radcliffe line that pierced their very heart, grapple with the political challenges of the present. Yet, when friendships develop there are no borders, observes Payal Singh Mohanka.
'We are trying to trace them.' 'We feel their phone batteries must have died because they are travelling by road.'
Hinduja Brothers are keen to invest in Indian Infra projects.
In his monthly 'Mann ki Baat' broadcast, Modi maintained that his government is committed to "modernising" farming and has been taking many steps.
The BJP promised revival of the legislative council in Tamil Nadu, which was abolished decades ago by its ally, the ruling AIADMK, if their combine was voted to power in the coming assembly elections.
According to state government sources, not only did the governor insert some corrections, but he also initialled the final draft after those corrections had been made, reveals N Sathiya Moorthy.
The administration was triggered by Force India's Mexican driver Sergio Perez, supported by engine provider Mercedes and team sponsor BWT who were also owed money by a team struggling financially.
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
'A lack of strategic trust and the 'persistent security dilemma' prevails between India and China,' points out Dr Rup Narayan Das.
Dr Ravi Prakash's 250 vintage car collection includes J R D Tata's 1940 Buick Limousine and a Sunbeam-Talbot used by Lord Mountbatten.
"We want Mahatma Gandhi's India, return of our identity and honour which was given to us by the Indian Constitution and I am sure they have to return it with interest as well," PDP chief Mehbooba Mufti said.
The waterlogging under the colonial-era bridge has again come into sharp focus after a 56-year-old driver of a mini-truck died allegedly due to drowning there on Sunday following a heavy downpour in the morning.
Defying prohibitory orders, protests were held in Delhi, Bengaluru, Hyderabad and several other cities. Protesters, mostly students and activists, were detained on a large scale in national capital and other places.
'A Colourful World is for every child, telling them that like the different coloured crayons in a box, they should also appreciate their differing identities, shine and live peacefully with other human beings in our colourful world.'
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
'London being Tier 2, pubs can serve drinks but only with a 'substantial meal',' sighs Sunanda K Datta-Ray.
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
The British government has turned down India's request for the extradition of Tiger Hanif, an alleged aide of underworld don Dawood Ibrahim wanted in India in connection with two bomb blasts in Surat in 1993, the UK home office has confirmed.
The list is of companies declared sick as on March 31, 2014.
'The origins of the model of planned economic development adopted by independent India was a direct consequence of the war.' 'The war provided an opportunity for groups at the margins of Indian society to find new avenues for mobility.' 'The war also led to the emergence of India as a major Asian power and set the stage for it to play a wider role in international politics.'
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