Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
Tata has invested in close to 10 companies, mostly in the e-commerce space, including Snapdeal and Chinese handset maker Xiaomi.
Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
'Raghuram Rajan's contribution to the country's economy is "exemplary" and he would always be remembered for his outstanding work.'
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
Some say the MPC will raise the rate, while others are of the view that there is already de facto interest rate tightening through rising bond yields, which might prompt the central bank to go for a pause.
"There was not a single decision that I took during my second tenure without discussing it with Ranga and getting valuable input from him," says Narayana Murthy.
Kamil's elder sister Samina Vaziralli has taken on an expanded role
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
A 25-year quest by nearly 1,000 scholars to document and present one of the world's oldest living traditions came to fruition when the 'Encyclopedia of Hinduism' was unveiled in Columbia.
India and Singapore on Tuesday elevated their ties to the 'strategic partnership' level and signed bilateral agreements for enhanced defence cooperation and in areas like cyber security, shipping and civil aviation.
'China's deep involvement in the stability and economic and political success of Pakistan actually produces some elements of congruence with India's core interest in a stable and productive relationship with Pakistan.' 'It is not far-fetched for us to pursue that congruence and with ingenuity work out with China a formula that also satisfies our formal position on PoK,' argues Ambassador Kishan S Rana.
'We must compartmentalise issues, ensuring that one disagreement does not sour everything,' advises Ambassador Kishan S Rana.
The IMD has said temperatures in most parts of the country from March to May would be 'above normal'.
Tata, whose latest investment was in Ampere, a start-up that produces electric two-wheelers and three-wheelers from Coimbatore.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
India Inc has too much on its plate to ensure double digit growth in FY16.
'Success will require political skill, not just economic expertise'
When I met him last year for his 75th birthday, he seemed frail. There was a sense of urgency. I will miss Stephen. His passing fills me with sadness.
'It is vital that objects such as the Harihara -- and collections from South Asia generally -- remain here,' the British Museum tells Vaihayasi Pande Daniel.
'The only positive I see are the youth of India who were earlier just after money. The young now want to do something for society.'
'In the past the US has been reluctant to name Pakistan directly in an US-India joint statement.'
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
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