Old timers in Oil and Natural Gas Corporation (ONGC) still remember how in early 2000 its overseas subsidiary, ONGC Videsh Ltd (OVL), was on the verge of closure. Though OVL was set up in 1965, the only discovery the company had made till then was in Vietnam offshore, with more investment needed to monetise it. In 2001, when OVL started looking for new blocks abroad, the company's previous acquisition was 13 years old.
The country's largest software services firm Tata Consultancy Services on Monday opened the fourth-quarter earnings season with a stellar set of numbers, crossing the Rs 50,000 crore revenue mark for the first time and earning a net income of Rs 9,926 crore, registering a growth of 7.4 per cent year-on-year. The company said its revenue jumped 15.8 per cent to Rs 50,591 crore in the reporting quarter on an annualised basis. Many analysts were expecting the Tata group flagship to report over Rs 10,000 crore of net income and revenue to cross the Rs 50,000 crore mark this quarter.
He accused the previous governments of being sluggish on implementing railway projects and said the work of ambitious eastern and western dedicated freight corridors expedited only in the last six-seven years.
A short video released by Islamic State militants on Friday night shows the apparent beheading of British aid worker Alan Henning, with the executioner blaming the death on the United Kingdom for joining the US-led bombing campaign against the group.
Check out these middle eastern recipes curated by chefs from Dubai.
'Akhilesh did politics like Rabi and Kharif crop which come once a year. Politics is not seasonal, you have to harvest your field all through the year and only then you get a good crop' Political analyst lists 12 reasons why Akhilesh Yadav lost the UP elections.
Very light rains and thundershowers occurred at isolated places in Uttar Pradesh though, and a fresh warning of heavy showers was issued in Himachal Pradesh as the India Meteorological Department (IMD) said heavy to very heavy rainfall is likely in several parts of the country, including the northern region, over the next six-seven days.
Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.
Foreign tourists are postponing their India holiday and there have been some cancellations as well, with trips to the North-East seeing the most adverse impact.
Radiocarbon dating found the manuscript to be at least 1,370 years old, making it among the earliest in existence.
A roundup of the Vijay Hazare Trophy one-day matches played on Wednesday
'What would we feel if we found the world behaving the way it has?' 'Forced to fight our own prolonged battle; nobody from outside really demanding that the war end or actively working to make it end, and above all, a completely toothless United Nations reduced to pleading for a halt to the violence,' notes Shyam G Menon, exactly a month after Vladimir Putin ordered the invasion of Ukraine.
It is a timely reminder that when faced with twin threats, India has succeeded by wisely choosing allies, points out Colonel Anil A Athale (retd).
The slowdown in sowing is mainly because of the delayed onset of the southwest monsoon and its slow progress in June.
Saudis are interested in expanding their relationship with India, given it is becoming the main driver of crude demand growth in Asia
Iraq beat Iran 7-6 on penalties to reach the semi-finals of the Asian Cup on Friday after the two Middle Eastern rivals played out one of the most extraordinary matches in the tournament's history.
'The markets seem apprehensive and that explains why the markets have been feeling slightly uncomfortable ahead of the Budget.' 'After the event, when all the concerns are resolved and clarity emerges, markets will decide what to do next.'
Notwithstanding how the current impasse is solved, at some point in the future, Russia will realise that just as centuries ago it developed the paradigm of securing its heartland's safety through annexing vast buffer zones between itself and the enemy, a more modern security is possible only through friendly relations and sustainable peace, observes Shyam G Menon.
The story of Iceland is the story of life, notes Payal Singh Mohanka after a recent journey to that fascinating land.
The Indian Air Force is probing the incident, an IAF source said.
"We do not think it is a terrorist act," Hasan Aydin of the local council in Verviers said.
'The missile mounted near Kailash-Mansarovar is called DF-21. It is a medium-range, 2,200 kilometres ballistic missile. Its advantage is that it can cover all cities of north India, including New Delhi'
'Heroes are weak; they are cowards; they cry; they betray their fellow soldiers; they lie to their wives so that they can fight for their country and yet have their conscience devour them with guilt.'
There are allegations that the Congress-ruled Chhattisgarh govt is putting pressure on South Eastern Coalfields to not renew the contract with Sainik Mining whose promoter Rudra Sen Sindhu is the son-in-law of the late Sahib Singh Varma, a BJP leader and former chief minister of Delhi.
Speaking of the religious freedom and safety they feel in India, Rabbi Romiel Daniel, part of the Indian Jewish Congregation of USA, tells George Joseph/Rediff.com that members of his community hope for better relations between India and Israel.
It is time the current leaders who swear by 'cultural nationalism', that is religion neutral, assert that Bharatiyata is at the core of our nationalism and India was never a 'Hindu Rashtra', argues Colonel Anil A Athale (retd).
Governments encouraged motorists to switch to diesel in the belief that its superior fuel economy would outweigh the higher pollutants per litre burned.
Earlier this year, he pleaded guilty in federal court to hate crime and firearm offenses arising out of the shooting.
Dozens of Japanese towns have abandoned plans to host Olympic athletes because of concern they will overburden stretched medical resources amid a fourth wave of coronavirus infections.
Civil rights activist Lakshmi Sridaran argues why South Asians must stand on the right side of history and resist the Trump administration's "systematic attack on the entire spectrum of the US immigration system."
In a strong response to China's objection to development of infrastructure on the Indian side of the LAC, New Delhi also asserted that Beijing has no locus standi to comment on India's internal matters.
He served the right-wing organisation for around 16 years under the guidance of Gobinda Acharya and Krishnagopal Sharma, two prominent Sangh leaders.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
Atul Keshap, a senior Indian American career diplomat and one of the rising stars in the United States foreign service, has been picked by Nisha Desai Biswal, the newly appointed assistant secretary of state for South and Central Asian affairs, to be her deputy.
The border guarding force is also moving its mechanised column assets like SUVs, all-terrain vehicles, snow scooters and trucks to forward locations in the midst of the projected increase in the number of troops at border units and fresh directives to undertake 'additional' patrols.
The globally popular Fast and Furious' last installment is weighed down by mundane dialogues and plot points, says Paloma Sharma.
News of all that's transpired on and off the football field
Most successful and ambitious business leaders feel persuaded that they have no competent successor, says R G Vilakudi.
Rajesh Karkera journeys through verdant countryside to the little-explored pristine Lonar lake in eastern Maharashtra.
