Diversified entity ITC on Thursday said it has received shareholders' approval to demerge ITC Hotels into a separate entity. Shareholders of ITC, in a virtual meeting held on Thursday through video conferencing/other audio-visual means, approved the resolution for the scheme of arrangement between ITC Ltd and ITC Hotels Ltd, the Kolkata-headquartered firm said in a regulatory filing. The proposal "has been approved and passed by the requisite majority of the Members, pursuant to Section 230(6) of the Companies Act, 2013", it added.
"In a year dominated by political chaos and bluster, it was a rare brand of steady -- even quiet -- leadership that won the day in the business world. And no one epitomises that brand of obsessively results-driven, team-based leadership more than our new No. 1 Businessperson of the Year," Fortune said.
'My mother puts up with me beating everybody up through the film but before the film comes to an end, she stops it. She is like, "I know what's happening next, I don't want to watch".'
'I am very happy to see that the work is starting to bear some fruit now.'
'I had got some offers from the South and most of them were negative roles.' 'I used to think that whatever I would play, the character would stay inside me and corrupt my value system.' 'So I was very scared of getting out of character, especially negative roles.'
Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.
Paswan said he was willing to contest the upcoming Bihar assembly polls as an NDA partner "if the BJP so desires", and made light of estranged uncle Pashupati Kumar Paras' recent meeting with Union Home Minister Amit Shah.
President A P J Abdul Kalam said righteousness in life and possessing an indomitable spirit are the two key ingredients to become a great corporate or a brand institution.
Will Lieutenant Governor Manoj Sinha, who gets his orders from New Delhi, call the shots or allow a democratically elected government to independently govern, questions Ramesh Menon.
Kapil is known to be a keen golfer, whose handicap was almost down to scratch at one time.
Ranking is based on latest sales and gross revenue figures.
Former South African quick Dale Steyn opined that MI's frontline pacers Bumrah and Coetzee need support from other bowlers, given the rigours of the IPL. He hinted that an off-colour Pandya was not helping MI's bowling department.
'The girls will do well, I hope we get one or two medals. It could be a silver or may be even a gold.'
Indian companies have become bigger and stronger in the last ten years with the average revenue of a company on the Fortune India 500 list standing at Rs 7,632.5 crore (Rs 76.32 billion).
Both Khera and Suman joined the saffron at its headquarters in Delhi in the presence of senior leaders, including BJP national general secretary Vinod Tawde and national media department in-charge Anil Baluni.
Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.
Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.
Arshad Nadeem's home village erupted into rapturous celebrations after he clinched Pakistan's first Olympic medal in athletics
Richest Indian Mukesh Ambani-led RIL was the top private sector company from the country as it jumped from 203rd rank last year to 148th.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
'The kind of things they were writing, 'Oh, what is this, she's overacting at her wedding.' 'Why is she not covering her head?' 'The kind of liberty people take to comment on what I should be doing in my personal life is not something I'm okay with.'
A win for New Zealand against Afghanistan would end India's hopes of advancing to the semi-finals at the T20 World Cup.
Women's IM Mounika Akshaya and WGM Srija Seshadri were away for an evening walk and IM CRG Krishna was sleeping inside the room while burglars entered the apartment.
'I never thought we would get him for that price because of his performance being tremendous in the last couple of years in T20Is and ODIs for Australia.'
'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'
Prime Minister Narendra Modi ended his whirlwind Lok Sabha poll campaign with a rally in Punjab's Hoshiarpur on Thursday, closing out his electioneering the way he began -- by focussing on a region where he has invested heavily over the years for the Bharatiya Janata Party to make a mark outside its strongholds.
The Indian duo of Shubhankar Sharma and Gaganjeet Bhullar had contrasting fortunes on the weather-hit opening day of Olympic golf competition in Paris on Thursday.
From installing water-saving aerators on taps to using cans for washing hands and dishes, Bengaluru is adopting diverse strategies to tide over the water crisis. While several citizens have taken to social media to urge Karnataka Chief Minister Siddaramaiah to make work from home mandatory for IT companies, it appears that hybrid mode will continue to be the norm for most - although with new water conservation measures in place. Co-working space provider Urban Vault has, for instance, installed smart water meters to detect leakage.
'...there is every possibility that Shreyas will travel for the three-match ODI series in Sri Lanka. The last ODI that India played was in South Africa and he scored a half-century (52). He had 500 plus runs (530) in the World Cup and averages just around 50. Can you drop him?'
England captain Ben Stokes tried hard to be self-effacing on the eve of his 100th Test appearance, saying "milestones are what they are" but he is looking forward to the "theatre" that would come with playing the marquee game against a star-studded India.
India will need to be ruthless and tactful in equal measure while dealing with an unpredictable England when the third chapter of a riveting Test series begins in Rajkot on Thursday.
The world's largest carmaker, Toyota on Wednesday said it will bring its sports utility vehicle Fortuner in India by September this year, expected to be priced at about Rs 20 lakh.
Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.
Bharatanatyam and Kuchipudi veteran Yamini Krishnamurti died at the Apollo hospital New Delhi on Saturday. She was 84.
The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.
The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Ramoji Rao, who created a sensation in the media industry in undivided Andhra Pradesh with the Eenadu newspaper and ETV group of channels, was a recipient of Padma Vibhushan.
Dhoni was once considered India's best finisher and no target was deemed out of reach with the boundary-hitting right-hander at the crease.
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