They turned a small family construction business into a conglomerate with interests in shipping, steel, oil and gas.
India is perceived to be a powerhouse for investment in coming times.
The Ruias of Essar have informed merchant bankers that they have 'veto powers' to prevent any buyer of Hutchison Whampoa's 67 per cent stake in Hutchison-Essar from using its own brand name.
Tagged with hefty sums, the paintings of a host of Indian artists would be auctioned in Hong Kong on May 24-25. Among others, top-tier works by Subodh Gupta, Jitish Kallat, Anju Dodiya, and Atul Dodiya will be up for grabs on the opening day. The auction would also feature a selection of significant works by many Pakistani artists besides the ones drawn by their counterparts from China, Japan and Korea.
It was a day of mixed fortunes for India's badminton players at the $120,000 US Open Grand Prix Gold tournament as Sai Praneeth sneaked into the quarter-finals after a hard-earned victory while compatriots Ajay Jayaram and R M V Gurusaidutt lost their respective men's singles matches.
From the Sensex pack, Larsen & Toubro jumped 4.26 per cent to emerge as the biggest gainer, followed by IndusInd Bank, Tech Mahindra, State Bank of India, HCL Technologies, Power Grid, NTPC, Axis Bank, Kotak Mahindra Bank, HDFC Bank and Wipro. Mahindra & Mahindra, Infosys, UltraTech Cement and Hindustan Unilever were the major laggards.
An improving economy and the rapid opening-up of the Indian market has given rise to a group of affluent consumers who are more than eager to adopt the latest fashion trends. According to the latest Nielsen Global Luxury Brands study, nearly 35 per cent Indians, who participated in the survey, confirmed buying luxury brands. This is the third highest percentage globally. Greece leads the pack with 46 per cent, followed by Hong Kong at 38 per cent.
Seven Indian shuttlers, including Saina Nehwal and Anup Sridhar, sailed into the pre-quarter-finals of the Yonex Sunrise Indian Open even as world No 1 Lee Chong Wei crashed out of the tournament in Hyderabad on Wednesday. Women's second-seed Saina thrashed Chew Yen Daphne Ng 21-6, 21-10 in 21 minutes to set up a clash with Hung Yung Chan of Hong Kong in the second round.
India are eyeing a place in the final after three wins in as many matches, while Pakistan will look to step up their game in the Super Four match, after a scare against Afghanistan.
The Indian men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty shocked reigning World champions Mohammad Ahsan and Hendra Setiawan to join P V Sindhu and Saina Nehwal in the quarter-finals of the US $750,000 French Open, in Paris, on Thursday.
She toppled the world number 25, dished out a tough fight against world number 18 and is moving faster than ever on the courts, yet Sania Mirza -- on a comeback-trail -- does not want to jump the gun in saying that she has got back the touch which once perched her to the top 30. A matured Sania is treading her path carefully as the first Grand Slam of the year -- Australian Open -- beckons and is not making any tall promises.
Analysts said that there is some amount of decoupling between India and the rest of world backed by strong growth momentum.
In the men's draw, HS Prannoy, went down to giant-killer Anthony Sinisuka Ginting.
Anup Sridhar lost to 10th seed Wei Ng of Hong Kong in the men's singles quarter-finals at the Thailand Open Badminton Championships.
Virgin Comics -- founded by Sharad Devarajan, Suresh Seetharaman and Deepak Chopra -- is redefining the comic book industry with tales based on eastern myths.
Bharti Airtel was the top laggard in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ITC, SBI, Axis Bank, HDFC twins and Nestle India.
Dipika Pallikal stunned top seed Christina Mak of Hong Kong in straight games to storm into the semi-finals of the ICL Chennai Open Squash tournament on Friday. The fifth seeded Indian beat her higher-ranked opponent 9-7, 9-5, 9-3 in 34 minutes.
Top Indian shuttlers Kidambi Srikanth and H S Prannoy were knocked out of the 18th Asian Games after suffering shock defeats in the second round of the men's singles competition, in Jakarta, on Friday.
Hutchison Telecom International Limited, which recently sold its 67 per cent control in mobile service provider Hutchison Essar to Vodafone, has filed a caveat in the Bombay high court requesting that it be made a party to any suit by the Ruias.
Prannoy took to Twitter to express his displeasure.
Among Sensex stocks, Tata Motors rose the most by 2.79 per cent. NTPC, Reliance Industries, Infosys, TCS, HDFC twins, Tata Motors, ITC, Power Grid and Bajaj Finserv were among the major gainers. Tata Steel fell the most by 1.22 per cent. L&T, Sun Pharmaceuticals, IndusInd Bank and Ultratech Cement were among the losers.
Qatar returns to the spotlight on Friday little more than a year after the first World Cup held in the Arab world when the relocated and delayed 2023 Asian Cup gets underway amid a seismic shift in football's global order.
Star Indian shuttlers PV Sindhu and Kidambi Srikanth will look to arrest their slump in form when they begin their campaign at the Australia Open badminton tournament in Sydney on Tuesday.
China on Monday termed as "disgraceful" the British government's permission for a Taiwan representative in the UK to sign the condolence book of Queen Elizabeth II, who passed away on September 8.
Equity benchmark Sensex on Monday crashed about 1,546 points to sink below the 58,000-level due to across-the-board selloff tracking sluggish global markets. Besides, persistent foreign capital outflows continued to affect the market sentiment, traders said. Benchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red. The 30-share BSE Sensex ended 1,545.67 points or 2.62 per cent lower at 57,491.51.
P V Sindhu cemented her position as a dominant force on the world stage with an Olympic silver medal while Saina Nehwal continued to battle with injuries in a year, which saw Indian badminton take giant strides at the global platform. It turned out to be a watershed year for Sindhu, who reached the upper echelons of world badminton with a silver medal at Rio Games -- an achievement also for her mentor and chief coach Pullela Gopichand, who became the only Indian coach to produce two Olympic medallists. On the other hand, for the first part of the year, it was Saina's battle with injuries which dominated the headlines even though she was considered to be the best bet for India at Rio. The Indian ace fought against time to recover from an Achilles tendons and went on to win the Australian Super Series.
Famed for her on-court grunts, Maria Sharapova admitted she let out a loud yelp of unadulterated joy on New Year's Eve.
Bajaj Finance was the top gainer in the Sensex pack, rallying over 4 per cent, followed by SBI, Tech Mahindra, Asian Paints, Bajaj Finserv, IndusInd Bank, ICICI Bank and M&M.
The best performance (barring Afghanistan game) was against Sri Lanka when 78 runs came off those nine overs.
According to traders, recovery in global equities and hopes of growth-boosting measures in the upcoming Budget buoyed market sentiment. Further, short-covering ahead of January derivatives expiry also lifted key indices, they said.
Indian ace shuttlers Kidambi Srikanth and Parupalli Kashyap advanced to the pre-quarterfinals after notching up contrasting victories in the men's singles competition of the $ 120,000 German Grand Prix Gold in Mulheim an der Ruhr.
Bajaj Finance was the top loser in the Sensex pack, shedding over 2.5 per cent, followed by SBI, Bajaj Finserv, Tata Steel, Asian Paints and Axis Bank. NSE Nifty dipped 15.40 points to 15,763.05.
If you get a banking license in India, open 500 branches nationally in one year and announce plans for another 500 by year two.
The national champion shocked 11th seed Chan Yan Kit of Hong Kong to advance to the second round of the men's singles in the Thailand Open badminton championships.
Officials said 387 passengers were aboard two flights from Toronto and Singapore on the day the country ended its strict COVID-19 restrictions for travellers.