The big guys have access to funds overseas, and their cost of borrowing does not change at all. If anything, a tighter domestic monetary situation gives them a comparative advantage when it comes to the cost of borrowed funds.
Who do you think is right? Will Murthy's resignation adversely affect Bangalore's development? Or is Deve Gowda's claims correct? Or is it a matter of development versus petty politics? Tell us.
Microsoft chief and software czar Bill Gates' charity organisation has offloaded its entire stake valued at nearly $23.1 million (over Rs 1 billion) in an India-specific investment fund.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
Take the Rediff Biz Quiz and find out how much you know about business magnates.
A blend of traditional as well as contemporary features, the All-New Thar exceeds expectations by far, says Rajesh Karkera/Rediff.com.
Exotic vacations, birthday parties or just a game of football, these mums know just how to spend time with their kids.
Wipro chief Azim Premji has asked the Karnataka government to raise professional tax levied on employees in the sector and review the move to hike the tax on IT products and services.
Take some help from Farah Khan before planning summer holidays.
The road ahead will be long and winding and much resistance can be expected from the high-flying 'hawks' in our skies. But that should not deter the policymakers from planning a road map with the 'big picture' in mind, observes Ambassador M K Bhadrakumar.
On her 55th birthday today, Sukanya Verma celebrates one of Bollywood's most cheerful celebrities and her 10 amazing talents.
Born to Zerin Rao anchooling fd Jehangir Narioshang Rao, both Parsi physicians from India, Rao grew up in Michigan and did her srom Detroit High School. She is married to Alan Lefkowitz and the couple has two children.
The Securities and Exchange Board of India has issued "certain observations" and "sought clarifications" on draft prospectus for Tata Consultancy Services Ltd's initial public offering.
Infosys co-founder Narayana Murthy has singled out "erroneous policies" pursued by successive governments at the Centre.
This is the first time since the Pathankot terror attack that the country's top security czar has spoken about India's strategy in dealing with terror, says Rajeev Sharma.
Take the Rediff Biz Quiz and find out how much you know about wives of corporate czars.
Like Farah Khan says, 'Kabhi Eid, Kabhi Raksha Bandhan' and Bollywood can't stop celebrating.
The Enforcement Directorate has stepped up its probe into a foreign exchange violation case against former Indian Premier League boss Lalit Modi.
Snapshots from the party.
Is this the ultimate filmi tourist destination?
The ED conducted further searches at 21 locations across India.
Narayana Murthy requested the government to make commuting easier and provide healthcare facilities.
Nilekani has been maintaining silence on reports about his political plans, which has gained more currency after the KPCC reportedly shortlisted his name among the three probable candidates for Bangalore south recently.
A look at the pictures.
Flowers from Bangkok in Thailand, Indonesia and Bengaluru, a nizami feast and a rose petal shower await United States President Donald Trump's daughter Ivanka Trump as she heads to Hyderabad on November 28 for the Global Entrepreneurship Summit. The US First Daughter will be accorded the royal treatment at Taj Falaknuma where she will be joining Prime Minister Narendra Modi for dinner on November 28.
Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
