AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.
Rediff.com takes a look at drones as they engage in activities you'd never thought you'd see.
Candle light vigils, prayer meetings, street plays and a series of other events on Tuesday marked two years of the brutal gang rape of a 23-year-old girl in a moving bus in the city that had triggered widespread nation-wide outrage forcing the government to enact stricter laws against sexual assault.
'I am angry because this ever happened.' 'I am sad because it's painful to think what they must be going through.' 'I am glad we've fought hard to break through such cruel tradition.' 'But it burns my blood to think we're still holding on to regressive culture that is stemmed from preserving this so-called honour,' says Sukanya Verma.
Approaches Morgan Stanley, GIC and Blackstone
Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
The Mukesh Ambani-led Reliance Industries Ltd (RIL) might take a write-down on the KG-D6 block.
Israeli President Reuven Rivlin arrived on Monday on an eight-day visit to India, the first by any Israeli President in nearly two decades.
Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh
'The optimistic advice might be "fasten your seat belts" and the pessimistic one might just turn out to be "brace for impact",' says Claude Smadja.
The progress of the GST Bill in Parliament is also likely to remain in focus
'Islamabad is only as big as a Delhi suburb.' 'How can a city with just two five star hotels and only one departure gate at their international airport be compared to Delhi with its sprawling airport?' Ambassador T P Sreenivasan finds the pulse of Pakistan after visiting Islamabad for the first time.
Former Prime Minister Manmohan Singh on Friday stepped into the raging debate on intolerance by condemning the murders of dissenters and some on the basis of what they eat and said the nation is deeply concerned at the "blatant violation" of the right to freedom of thought, belief and speech by some violent extremist groups.
Companies like Ace Turtle are helping brands enable omni-channel retail, bridging the offline and online gap. Abhishek Jejani reports.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
The rising popularity of Heritage Walks is uncovering forgotten historic sites all over India.
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
According to data from Venture Intelligence, PEs invested in two mobile payment solutions firms each in 2009, 2010 and 2011. This grew to four deals in 2012 and five deals in 2013.
"The case falls under the category of the rarest of rare, hence the accused is awarded death sentence... he must be hanged by his neck till he is dead," said Special Women's court judge Vrushali Joshi pronouncing the verdict.
Novices should enter markets via SIPs of equity mutual funds.
Commercial papers, certificates of deposit also dry up
McDonald's problems couldn't have surfaced at a worse time. Cut-throat competition, rapid expansion and a slowdown in consumer spending in the wake of demonetisation have seriously dented the overall quick-service restaurant business.
'The Modi government's lurch toward America has not brought it any dividends so far. The Western world is simply not in a position to make big investments in India... India needs to take a leap of faith vis-a-vis China.'
Go for high quality and low-to-medium-duration funds in your debt portfolio
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Debt fund managers think the Reserve Bank governor might at best go for one rate cut in April.
A firm's claim for more than $100 million in damages from Bernie Ecclestone is far-fetched and relies on confessions from a jailed banker who is a "fantasist", a lawyer for the Formula One boss argued on Wednesday.
As many as 54 per cent people from the northeast feel that discrimination is a reality in the national capital while 74 per cent felt that Delhi is the 'most unsafe' place in terms of ethnic discrimination, a survey report has revealed.
The new norms were cleared by the Securities and Exchange Board of India in New Delhi on Thursday and the relevant provisions would be incorporated in the listing agreement soon, Sebi Chairman U K Sinha said.
Weakness in the greenback overseas against the backdrop of sluggish US macro data outcome helped the home currency move higher
It is by now quite clear that in all likelihood the US Federal Reserve will hike interest rates in its next meeting in mid-December.
Desolate streets with security personnel and a communications lockdown has left the Valley cut off from the world.
This Budget signals a shift from a hand-out to a hand-up economy.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
Non-Performing Assets are a wake-up call for public sector banks.
The majority in the markets believe that a September lift-off is likely.
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