Indian prisoner Sarabjit Singh, currently on death row following his conviction for alleged involvement in bomb attacks in 1990, is hopeful that his fresh mercy petition will get a "favourable decision" from President Asif Ali Zardari, his lawyer said on Thursday.
The Bombay high court has granted Deccan Chronicle Holdings Ltd (DCHL) three more days to furnish an irrevocable and unconditional bank guarantee of Rs 100 crore to the Board of Control for Cricket in India for its Indian Premier League franchise Deccan Chargers.
India's finance minister Pranab Mukherjee is all set to become the next President of the country.
The BJP celebrated the revocation of Article 370 of the Constitution.
Several PE managers now prefer Sanskrit names for their funds over typical foreign names
Virtually out of the reckoning for a place in the plays offs, a demoralised Deccan Chargers will look to salvage some pride when they take on Kings XI Punjab in an Indian Premier League match in Hyderabad on Tuesday.
Ravi was found guilty in March on charges of bias intimidation and invasion of privacy and faces up to 10 years in prison and possible deportation to India when he is sentenced on May 21.
The new partnership on the block doesn't exactly boast novices. Sunish Sharma, managing director at General Atlantic, and another PE veteranManish Kejriwalthe Indian head of the Singapore government-owned Temasek Holdings (who is also married into the super rich Bajaj family) have come together to raise an independent private equity fund.
World No. 10 Indian, playing with black pieces, had to be at her defensive best to avoid conceding the game.
Economic growth slipped to a nine-year low of 6.5 per cent last financial year, but India Inc fears further deceleration in the GDP expansion during 2012-13, shows a survey.
The top posts on social media from your favourite Bollywood celebrities.
Indian real estate saw 14 such private equity (PE) exits, worth $457 million (around Rs 2,285 crore) in 2011. Of these, promoters bought out existing PEs or other financial sponsors in eight deals, according VCCEdge, the research platform of VCCircle.
Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
Lalit Modi believes that his brainchild, the IPL, can overtake NBA and NFL in terms of popularity and money.
The bond between Mahendra Singh Dhoni and Karachi-born Mohammad Bashir aka 'Chacha Chicago' blossomed during the 2011 World Cup semi-final between India and Pakistan and has only grown stronger since then. Such is the attachment that Bashir has flown to Manchester from Chicago (approximately 6000 kms) for Sunday's high-octane Indo-Pak contest without a match ticket.
'So much so we don't feel the need to create anything, but just bask in that glory.' 'It's time to move on.' 'How much burden can you put on a person or the legacy of the person?'
The Nifty is up 6.5% in the last 12 months. The NSE IT Index is down 10% in the same period. But will the sentiment improve going ahead?
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
Surge in UPI transactions is because of an increased consumer interest in making bill payments and recharging mobile phones online, and purchase of non-essential goods on e-commerce platforms.
Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper
Prime Minister Narendra Modi will leave on Thursday on a nine-day tour of France, Germany and Canada with focus on inviting investments.
Prime Minister Narendra Modi on Sunday said he regrets not being able to learn the world's oldest language Tamil during his long political innings as a chief minister and prime minister.
The Gujarat high court on Wednesday ordered further probe into the murder of Right To Information activist Amit Jethva in view of allegations made by his father.
Sukanya Verma presents a DDLJ special quiz to test your knowledge about one of Hindi cinema's most successful films of all time.
The poster boys of Indian private equity are getting a reality check. If last year many of them branched out independently with their entrepreneurial PE shops, many are scaling down or biting the dust a year down the line.
Between January and June 2011, PE investments in real estate reached $444 million, 47 per cent higher than the investments made in 2010 during the same period.
Amid the perception of gloom and doom in the Indian property market, here's something to cheer about. The real estate industry has given 1.21 times, or 20 per cent, average returns to private equity (PE) investors in the past four years, compared to the global average of 0.8 times.
Attributing the decline to various global and domestic factors, especially poor performance of the manufacturing sector, the chamber called for 'immediate policy intervention' to deal with the situation.
India is world's one of the biggest e-commerce markets.
Indian CEOs are to be now offered the choice of outsourcing all or part of their managerial responsibilities for a specified period.
Bubbles can inflate indefinitely and also burst, with deep corrections, warns Devangshu Datta.
Does the rally reflect expectations of improving fundamentals or they are likely to correct?
The NIA is also probing all angles of the funding of separatist leaders.
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UBS said it remained bullish on India and it may be early to book profits.
Kolkata Knight Riders captain Gautam Gambhir would be keen to prove a point by putting up a solid performance against his old franchise Delhi Daredevils when the two teams square off in an Indian Premier League match at the Feroz Shah Kotla Stadium on Thursday.
It is raining private equity funds in the logistics and warehousing space.
The Aishwarya Rai and Madhuri Dixit dance face-off from the 2002 box-office hit Devdas has been voted the greatest Bollywood dance number of all time.
In a chat with Business Standard, Blackstone India chairman and managing director Akhil Gupta says the PE player is eyeing investment opportunities in infrastructure and personal consumption-driven sectors and may raise an India-focused fund.
'...changed my image, changed everything.' 'Now I make calls with great confidence.' 'Day before yesterday, I sent a message to a director that I heard you are making a film, is there any role for me?' 'I have confidence now. Earlier, I could never do.'
Luckily for him, the bumps on the way got forgotten, thanks to his expertise in earning high returns for investors through patient exits.
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