The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.
ISRO needs next generation launchers and new facilities to manufacture and launch them.
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
In separate statements, the two companies said they will combine Novartis' over-the-counter division with GSK's consumer business, creating a new world-leading consumer healthcare business with $10 billion in annual sales.
India's crony capitalists will have had their day in the sun.
In his first visit to India since being elected the FIFA President Gianni Infantino labelled India as the "passionate giant," of Football. Infantino was in Goa as the local organising committee of the FIFA U-17 World Cup India 2017 (LOC) unveiled the official emblem for what will be India's first international football event.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
XTI Aircraft, a Denver, Colorado-based aerospace startup firm, launched an equity crowdfunding campaign.
Max Bupa, standalone private health insurer, is a joint venture between Max India (with 74 per cent stake) and UK-based global healthcare group Bupa (26 per cent).
China has launched a host of reforms to halt the slow down of the economy, which is hovering around seven per cent with forecasts that it would dip down further.
Siva Sankar looks at S P Balasubrahmanyam's fantastic repertoire.
The role of AI spans coaching, performance, learning, engagement and career growth.
With exactly 10 days to go for the FIFA U-17 World Cup, Local Organising Committee chairman Praful Patel, on Tuesday, declared that India is "100 per cent ready" to host the event.
The Sensex took less than two years to rally from the 10,000-mark it first hit in February 2006 to double that on that New Year's Eve.
Amazon has emerged a competition for posterboy of Indian e-commerce Flipkart.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India on April 22 at a high-level signature ceremony convened by the Secretary-General of the United Nations Ban Ki-moon.
'While fighter pilots must not be sent into combat in inferior aircraft, an obsessive quest for outright combat superiority will leave an air force short of numbers,' says Ajai Shukla.
Dollar's strength against other currencies overseas capped the rupee's gain
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
The United States and Cuba have announced that they have formally re-established diplomatic relations after 54-year freeze and would reopen embassies in their respective capitals from July 20, a major step towards normalisation of ties between the Cold War foes.
Prime Minister Narendra Modi's announcement about demonetising Rs 1,000 and Rs 500 currency notes was hailed as a "bold step" by President Pranab Mukherjee and the BJP, which called it a "surgical strike" on black money, but his rivals denounced it as a "heartless and ill-conceived" decision that would inconvenience people.
Singaporeans waved flags and cheered for swimmer Joseph Schooling on his return to the island city state on Monday after winning the country's first Olympic gold medal.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
In a significant development in the war against militant group Islamic State, Iraqi forces have retaken control of Ramadi from the Islamic State with the United States also hailing their victory.
The world's most-talented young players gave India a memorable show of high quality football on the field as the country showcased its organizational skills in a near-flawless and record-breaking FIFA Under-17 World Cup across six cities, which culminated with England clinching the title in Kolkata on Saturday.
Here's the full text of President's address with a word cloud.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
The Modi government has ambitious plas to achieve 10% growth, but there is no assessment of how much money is needed for the whole package of measures, and where it will come from. In short, there is no plan for how to get from here to there, points out T N Ninan.
To celebrate his 50th birthday, India's 'hottest old man', Milind Soman, swam 3.8-km, rode 180.2-km on a cycle and ran 42.2-km in just 15 hours and 19 minutes in Zurich to complete the Ironman challenge.
Under Neemuchwala's digital-first vision, Wipro has accelerated investments in automation, analytics, cloud and cognitive technologies over the past three years, says Ayan Pramanik.
Drivezy is helping people share their vehicles.
Modi govt has a unique style of working, say experts.
Ahead of Modi's two-day visit, the capital city Dhaka is having a festive look with streets adorned with life-size cutouts of Modi.
'In the Asean market, the train left at the same time for India and China, but while India's ride has been symbolic of India's rickety railways, it seems that China's has been on a bullet train,' note Renjini V R, Manmeet Ajmani and Devesh Roy.
India's fourth largest software services firm HCL Technologies on Thursday reported a 53.7 per cent jump in its consolidated net profit to Rs 1,834 crore (Rs 18.34 billion) for the fourth quarter ended June 30, 2014.