'Nehru once told JRD, "I hate the mention of the very word profit".' '"Jawaharlal, I am talking about the need of the public sector making a profit!" JRD replied.' 'Nehru reiterated, "Never talk to me about the word profit, it is a dirty word".' A fascinating excerpt from Shashank Shah's The Tata Group: From Torchbearers To Trailblazers.
'Many who have experimented with online education will adopt a blended model once things return to normal,' edX CEO and founder Anant Agrawal tells Anjuli Bhargava.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
The recovery was led by information technology exporters.
Expressing disappointment over the hike in repo rate by the RBI, India Inc on Friday said a rate cut by the bank would have helped ameliorate sentiments as businesses are "reeling" under a tight liquidity crunch due to high cost of capital.
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It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.
The broader markets, however, outperformed their larger peers.
Outgoing president Sepp Blatter hit back at Chung Mong-joon, one of the candidates to replace him, for labelling FIFA a 'corrupt organisation' on Monday and said the South Korean's remarks were 'disturbing'.
Since the disastrous 2005 floods, that crippled Mumbai, little work has been done on disaster management and relief preparations.
Think organic food, affordable homes, artificial intelligence, suggests Prof Manmeet Barve.
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
Whether it was the Bofors gun in 1986 or Italian helicopters in 2012, a leak or disclosure at the source overseas is like dynamite, and usually impossible to refute. They acquire a life of their own in the hands of the media, says T N Ninan.
Kalyan Jewellers is eyeing overseas expansion by catering to India-like markets and the diaspora
'The smartest businessmen are shopkeepers as their return on investment is better than anyone else.'
Jaitley's Budget has the potential to change the face of Modi's Bharat
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
Tencent reinforces India's consumer internet story. Ranju Sarkar reports.
'Modi's visit is path breaking in the sense that India has come out of the closet and is prepared to deal with Israel openly and in a host of fields, military as well as civilian,' says P R Kumaraswamy, one of India's leading experts on the Middle-East, currently in Israel.
Indian indices have hit all-time highs in the New Year and the sentiment remains strong. All valuations are also at extremely high levels, cautions Devangshu Datta
With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
Chillr recently raised $5 million from Seqouia Capital.
The United States has lifted most of its sanctions against Iran after a UN watchdog reported that Tehran had complied with a nuclear weapons deal.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Chief minister Shivraj Singh Chouhan's task is to live down the hype and address the nitty-gritty, reports Radhika Ramaseshan.
'Everyone confuses GDP to be a measure of output, when it is actually a measure of income.'
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
'The voter thinks that the State is not going to impartially deliver services, provide justice, basic law and order, social insurance -- so as a voter it's very rational that I may choose a criminal who will help me navigate the State.' 'A weak State allows a criminal politician to be the person who provides that guarantee to mediate whatever problem the citizen has with the State.'
Milind Deora, minister of state for communication and information technology and shipping, is one of the Congress' young guns under Rahul Gandhi. He tells Kavita Chowdhury that the core problem for the United Progressive Alliance in its second term has been its inability to communicate effectively. Edited excerpts:
The Union government is keen to ensure financial security for unorganised sector workers
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
'The information is used only to fight the COVID-19 virus and the privacy terms explicitly state that information will be used only for this purpose.'
The Oppo R5 has bagged the title of the world's thinnest smartphone. We list 10 features that will help you decide if the R5 is meant for you!
'The main ploy of the BJP's pre-poll proclamations on corruption was so cacophonous and resounding that it unexpectedly worked out to its greatest advantage. But there seems to be a lull after the sound and fury over corruption,' says Ram Ugrah.
'Manmohan Singh was blamed for administrative paralysis, but if you speak to any senior bureaucrat today, they are very bitter and say that files do not move. I am told that more than a thousand files are awaiting clearance.'
Uttarakhand was a tragedy that none of us will forget. As experts analysed the tragedy, it became clear that the disaster was more man made. The intergovernmental panel on climate change in its Assessment Report 5 states that human influence on the climate system is clear and this is evident from the increasing greenhouse gas concentrations in the atmosphere, positive radiative forcing, observed warming, and understanding of the climate system.
'We are completely engaged in fighting poverty; alas, our neighbour Pakistan seems only engaged in fighting us.'
'Make no mistake, legally Chanda Kochhar was not and still is not obliged to quit.' 'But quitting earlier would have placed her personally and as a leader on a very high pedestal, indeed where she belonged until this lapse,' says S Muralidharan, former managing director, BNP Paribas.
Mahendra Raj is a towering figure of 20th century Indian architecture.
Money is being released and the government knows it will have to front-run private investment.
The railways continue to lose market share with an actual fall in the number of passengers and stagnant freight tonnage, says Subir Roy.
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