Parekh said divestment can unlock huge funds.
Ellison and the two new co-CEOs each stressed that nothing would change under the new management structure, with Ellison staying on as executive chairman and chief technology officer.
'Studying History, we come close to all of the messiness of human life -- we understand what motivates people, what makes them get along or go to war, what dreams they had for themselves and their futures.'
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
Most bankers say they will look at reducing deposit rates from April.
Banks get bonds boost to raise funds for core sector; up to Rs 50 lakh of home loans in metros and Rs 40 lakh in other cities not to have CRR, SLR requirements
Kickstarting the Bharatiya Janata Party's poll campaign for Delhi, Prime Minister Narendra Modi on Saturday wooed voters with a host of promises as he singled out 'anarchist' Aam Aadmi Party leader Arvind Kejriwal for attack and asked voters to punish him for "wasting" one year.
SBI had a tough journey in the last 40 years.
Former editor of Femina magazine, Sathya Saran looks back at the Miss India pageant that changed the lives of two young women.
'Will people who buy iPhones stop buying iPhones to help swadeshi models?' 'There should be some advantage for the consumer to make them buy a Made in India product.' 'Patriotism and nationalism are good words, but in business, it won't work.'
As the Concacaf (North America, Central America and the Caribbean federations) Gold Cup kicked off on Sunday morning (July 07 ET) at the Rose Bowl, in Pasadena, California, Concacaf president and FIFA vice-president Jeffrey Webb spoke with Siddhanta Pinto over the telephone from Los Angeles.
Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.
Mumbai's famous dabbawalas are reinventing themselves to meet the challenge posed by food delivery portals.
Shekhar Chakravarty has developed and patented Curvo -- world's first non-linear ropeway system.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Two hundred years after George Stephenson built the steam-powered Blucher, Open Knowledge pays tribute to 200 years of rail transport.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
The government has provided a long-term vision.
The AAP has adopted policies in an ad hoc manner, without thinking them through or deriving them from a broader framework. This must change if the AAP is to become a credible alternative, says Praful Bidwai.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
Prakash Javadekar enjoys being information and broadcasting and parliamentary affairs minister, but heading the green ministry is turning out to be thornier than he had expected.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
