'One out of three phones sold in India is a Xiaomi phone.'
There is churning at the top in IDBI Bank's two group entities.
The government must undo the damage inflicted by the flawed policies of globalisation, and India should be converted into a country where entrepreneurs can thrive and the entire population can participate in the economy, says Arvind Kumar.
A digital economy can only work with uninterrupted electricity supply. So, states now face the unpleasant task of telling their citizens that electricity rates need to be hiked. Subhomoy Bhattacharjee reports.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
'Tens of millions will be working from home for months at a time, which means the smartest brains in business will be focussed on creating more efficient WFH processes,' predicts Devangshu Datta.
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
A Bangladeshi commission has proposed the government takeover or split the Nobel-award-winning Grameen Bank into 19 parts, sparking criticism with several analysts fearing it to be a systematic move to destroy the pioneering micro lending agency.
The minister said the terrorist groups created by Pakistan is not only harming India, but also hurting its neighbours.
Asserting that there was growing scourge of terrorism in view of fast growing linkages of terrorist groups across the globe, India on Tuesday strongly advocated stepped up cooperation through intelligence exchange and training with 54 African countries.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
Mannapuram Finance, Mahindra and Bharti Axa are some of the firms known to have bought office spaces worth more than Rs 100 crore
'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'
The prime minister and the Chinese president walked along the banks of East Lake and also took a boat ride together as they decided to step up their personal rapport.
Infosys has been aggressively embracing automation tools.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
Prime Minister Narendra Modi on Saturday announced a package of Rs 80,000 crore for Jammu and Kashmir.
Make The World Wonderful, an NGO founded by Meghana Dabbara in 2015, is on a mission to set up 2,500 child adoption programme centres by 2023.
'A veiled secret of India's defence and strategic culture is the lack of a serious interest in them by the political class. The Indian National Defence University would fill this void,' feels Lieutenant General Anil Chait (retd).
The students can appear both the times in NEET and the best of the two scores would be taken in account for admission, the minister said. NEET is conducted for admissions to medical institutions across the country.
At 89th, India is the lowest-ranked among the BRICS.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
'As a child, I believed that my world record would be a national pride. But I feel cheated now.'
The Indian State has low operational capabilities. Individuals will have concerns about material that flows through the government, on questions of purity, perfection of the cold chain, and correctness of procedures at the frontline. Even if a government programme is able to solve all these problems, it will be limited in scale-up. The passion, management capabilities, and response to local conditions, which will be found with tens of thousands of ground-level initiatives, Individuals will have concerns about material that flows through the government, on questions of purity, perfection of the cold chain, and correctness of procedures. Even if a government programme is able to solve all these problems, it will be limited in scale-up, argues Ajay Shah.
The RBI will have to focus on constructive change to ensure growth.
There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.
United States space agency NASA said it would launch a water-related satellite in collaboration with India's ISRO.
The pacts signed after Modi-Hasina talks provided for deeper cooperation between the two countries in areas of water resources, youth affairs, culture, education and coastal surveillance.
Their bootstrapped brand sold 25,000 units on Flipkart in five days during the 2017 festive sale.
Singapore's Changi Airport International (CAI) has decided to increase its stake in Bengal Aerotropolis Projects Ltd (BAPL) to 32.2 per cent from 26 per cent held since the project began in 2009.
Prime Minister Manmohan Singh on Friday batted for nuclear power as a "dependable and clean option", even as he underlined the need to ensure that all ingredients by which nuclear fuel is made remain safe and do not fall in the hands of terrorists and anti-social elements.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'
The ideal employee will be the one who can learn to adapt to the changes in a short span of time and apply their technical skills and problem-solving ability to come up with creative solutions, says Anoop P Kudva.
'In the present era of strategic uncertainty and rapidly changing threats, no military professional now disputes the unavoidable necessity of a joint planning staff for the planning and conduct of joint operations so that integrated operations can be planned 'top down',' says Brigadier Gurmeet Kanwal (retd).
Robotics is making inroads into HR, but will not replace the function any time soon, experts say.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances