Promoter says he sold a third of his firm to deliver Rs 251 handset.
Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.
Hundreds of JNU students rocked the national capital on Monday, bringing several parts of the city to a halt.
Mahendra Singh Dhoni's aim was to take the game against Kings XI Punjab deep and ensure a top-two finish for defending champions Chennai Super Kings once he realised that Lokesh Rahul's blitzkrieg has sealed the deal for the home team, in Mohali, on Sunday.
The government has given no reason regarding withdrawing of the security of Chaudhry Azhar, who is also a special prosecutor of the Federal Investigation Agency.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
'Children need milk. If there is no money, how can one buy it'
'Investments are like motion pictures rather than still photographs.' 'Business dynamics keep evolving for better or for worse over time.' 'An investor's job is to keep a tab on these developments,' says Viraj Mehta, head-PMS and fund manager, Equirus Securities.
The South-East Asian country is a growing market for sponsors such as brewer Heineken and will give the region four races on the calendar again after the departure of Malaysia last year.
Most of the unicorns or billion-dollar valuation firms including Flipkart, Paytm and Ola have had the maximum stakes owned by foreign funds. The founders of all these firms have either single digit stakes in their companies or in low double digits.
The longer a bear market lasts, the more the eventual returns are, says Devangshu Datta.
All that India must aim for is to match China's military prowess adjusted to equal Beijing's India-specific military capability, argues Vivek Gumaste.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
It is imperative to check the basics of a company before investing in it
In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to provide 47,100 jobs. But a clearer picture on where the projects stand will emerge only after the Covid-19 induced fear psychosis ends, to see if popular protests will derail them like they have done so many others, says N Sathiya Moorthy.
It is not clear as to whether we are in a bubble in technology stocks. What is clear, however, is that there is no reason why this potential bubble will pop anytime soon, notes Akash Prakash.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
NBFCs are facing the heat of a crisis at IL&FS, which defaulted on repayment of its commercial paper dues, leading to a contagion effect in the sector.
Calling the Budget 2018 'anti-labour', the Bharatiya Mazdoor Sangh will observe February 20 as a 'black day'.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
Only he, with his tremendous political capital and personal stature, can pull it off, observes B S Raghavan, the veteran civil servant.
Opposition leaders will also meet the Election Commission and raise the issue of tallying the paper trail of votes with the electronic voting machine figures as directed by the Supreme Court.
Shah wants to focus this time on a mentoring role and help youngsters with innovative ideas live their entrepreneurship dreams by providing them a platform for "institutionalisation, globalisation and scaling up" of their ventures.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
Prime Minister Narendra Modi and Home Minister Amit Shah will soon get around to reworking their organisational set-up and administrative priorities to regain lost ground in the wake of the Delhi electoral debacle, but there's third course available to them as well. That is to introduce the presidential form of government, which prime ministers Indira Gandhi and A B Vajpayee flirted with before abandoning it. Will Modi go further than them? N Sathiya Moorthy analyses the scenario.
Founded in 2006, PremjiInvest's assets under management are worth over $2 billion across India
The prime minister was received at the airport by India's Ambassador to the US, Harsh Vardhan Shringla, and his American counterpart Ken Juster.
Havmor will now make its next journey, across India, under the banner of South Korea's Lotte Group, the confectioner best known for manufacturing and marketing chocolate marshmellow pies under the Choco Pie brand, says Sohini Das.
'She has never advocated people taking to the streets and calling for a revolution.' 'I don't know if that will change now.'
Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.
Timing is crucial for a short-sell, so is an understanding of likely float.
'Now that the Ram mandir is done, we need to move on. And grapple with COVID-19, a sputtering economy, a belligerent China...' 'The temple may win a few more elections for the BJP, but by itself it won't solve the nation's growing problems of economic and social distress,' notes Virendra Kapoor.
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
'The Modi government is about privatising profits and nationalising losses.'
A five-judge Bench of Justices NV Ramana, Arun Mishra, RF Nariman, R Banumathi and Ashok Bhushan heard the petition filed by Vinay Sharma and Mukesh Singh. The duo had moved a curative petition in the top court after a Delhi court issued death warrants in their names for their hanging on January 22.
Stunning moments from across India as it celebrates its 69th Independence Day