The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.
TCS hopes the Rs 2,628-crore (Rs 26.28 billion) bonus to its employees will help contain the high attrition level.
Four Chinese soldiers were killed in the fierce clash with the Indian Army in the Galwan Valley in eastern Ladakh in June last year, the People's Liberation Army (PLA) acknowledged for the first time on Friday.
Sangita Agrawal shares a simple recipe.
China has been taking "incremental and tactical actions" to press its claims at the Line of Actual Control (LAC) with India and has unsuccessfully sought to prevent New Delhi from deepening its relationship with the US during and subsequent to the standoff, the Pentagon has said in a major report on China's military modernisation.
The ruling DMK in Tamil Nadu had begun seeing Governor Ravi's decisions and actions as a part of the state BJP's non-stop criticism of its government and directed from Delhi, a view strengthened by the governor's decision to return the NEET exemption bill, points out N Sathiya Moorthy.
Shares of IT major TCS on Friday tumbled over 8 per cent after its September quarter numbers failed to meet market expectations.
The company reported 13.5 per cent rise in revenue to Rs 23,816 crore (Rs 238.16 billion) in the second quarter.
Support from the committee gives Xi an indefinite extension on the reins of power, which will surely result in hawkish and insular policies. It does not bode well for relations with the USA, or with anyone else who does not bow the knee to Beijing, for that matter.
'The virus is constantly, constantly making mistakes when it replicates.' 'When the virus has accumulated enough mistakes, then it becomes now a variant and it behaves differently.'
Will China's new military reforms endanger Xi Jinping's rule?
Chinese President Xi Jinping has asked the People's Liberation Army to be combat ready to win a "regional war" and make sure that all decisions from the central leadership are strictly followed.
Chinese President Hu Jintao is all set to succeed Jiang Zemin as the Chairman of the State Central Military Commission (CMC), further consolidating his grip on power in world's most populous nation.
Two Tata-controlled companies -- Tata Consultancy Services and CMC -- have been selected by the government to make the ministry of company affairs paperless through a project that would earn them a revenue of Rs 314 crore.
Chinese President Xi Jinping has underlined the need for building a combat-ready army and accelerate the building of the theatre joint combat command system, amidst the People's Liberation Army flexing its muscles in the disputed South China Sea.
Lieutenant General Wei Fenghe's, China's new defence minister's, first guest of honour could be his Indian counterpart Nirmala Sitharaman.
Xi ordered country's 2.3 million-strong military to be absolutely loyal to the party, to focus on how to win in wars, to pioneer reforms and innovation, to scientifically manage commanding a unit, to lead troops in accordance with the strictest standards and to take the forefront in complying with laws and regulations.
CMC has strong presence in the domestic market. It certainly compliments TCS.
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
Govt expects to award contract to the lowest bidder by February.
'What the government should do is to use the vaccine judiciously, not just to prevent a third wave alone, but to stop the number of deaths happening in the interim.'
Important for India was Xi's meeting with representatives of PLA officers and soldiers stationed in Tibet. The video of the encounter was interesting to watch, especially the large number of lieutenant generals and major generals, observes Claude Arpi.
The Cauvery Monitoring Committee on Wednesday directed Karnataka to release four thousand million cubic feet of water to Tamil Nadu over the next fortnight even as it asked the latter to make a written submission before the panel on issues it wants to be addressed.
China on Friday hiked its defence budget to $209 billion, maintaining a single-digit growth for the sixth consecutive year with a 6.8 per cent increase in 2021.
In an interim relief to Tamil Nadu, the Supreme Court directed Karnataka on Wednesday to release 10,000 cusecs of Cauvery water per day its neighbouring state and asked the Cauvery Monitoring Committee to hold its meeting to decide the amount of water required by the states.
Gold was among the least bruised by Monday's selloff, dropping half a percent versus a 6 percent slide in Brent crude and a 2 percent decline in copper.
'He came back from the US only to work for his country.' 'He has invested his fortunes to build this company and is married to his work.' 'Rarely does one see such commitment.'
Scores of leading SEZ promoters, including Infosys Technologies, CMC Ltd, Hindalco Industries, NIIT Technologies, HCL Technologies, Orient Craft Infrastructure, L&T Phoenix Infoparks and K Raheja Corp, have sought more time from the Board of Approval, which is meeting in New Delhi on June 2.
Xi has already been elected as general secretary of the ruling Communist Party of China at its once-in-five-year congress in October last year.
The Ebitda margin, too, was lower than the expected 29.1 per cent.
They took investor money via IPOs and then disappeared.
The development has elicited huge response from the country's top information technology companies. At least seven players, including Infosys, HCL, Tata Consultancy Services and its subsidiary CMC, are in the fray to develop a biometric card and the infrastructure that can handle 12 million new users annually.
'We behaved as if this disease is not a problem for India.' 'We acted as if it would go away. But it didn't go away; it exploded.'
'A hotline between the Chinese and Indian military establishments is essential if the possibility of conflict is to be minimised.' 'When relations are uneasy, even minor incidents can spiral out of control,' warns former senior RA&W officer Jayadeva Ranade.
Karunakaran was shifted to a special ward from the ICU on September three after it was found that he was responding well to the treatment. The 90-year-old former Kerala Chief Minister was shifted back to ICU yesterday, Dr Lionel Gnanaraj, Superintendent of CMC told media persons.
Troubled banking giant Citigroup on Friday said it has completed the sale of its German retail banking business to European banking group Credit Mutuel-CIC for euro 5.2 billion ($ 6.6 billion) in an all cash deal.
'Why did your generals try to grab a few square kilometres of Indian territory in Ladakh?' 'And what happened to the hard work that you and Prime Minister Modi put into the Wuhan and Mamallapuram meets?' Claude Arpi writes a letter to Xi Jinping, China's self-styled supreme leader, who turns 68 today, June 15.
At a time when Donald Trump is making belligerent noises, Chinese President Xi Jinping responds by overhauling the People's Liberation Army and restructuring the command of the PLA Navy to emphasise Beijing's resolve to dominate the South China Sea.
Air Carnival can make quick progress by stepping into the space that SpiceJet has left empty.
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