L&T will give Rs 6 per share special dividend to shareholders for the six decades that company patriarch A M Naik served with the engineering and construction major, S N Subrahmanyan, the CEO & MD of the infrastructure major said.
The top court said the exclusion of a member of the Opposition from the House just because of a perspective which may not be consistent with the viewpoint of the government is a serious issue.
Taiwan's Foxconn signed a letter of intent (LoI) with the Tamil Nadu government on Monday to establish a new mobile component manufacturing facility for Rs 1,600 crore in Kancheepuram with potential to generate 6,000 jobs. On his Twitter handle, Chief Minister M K Stalin said the LoI was signed, in his presence, between the state government and Foxconn Group represented by its chairman Young Liu. State Industries Minister T R B Rajaa, Chief Secretary Shiv Das Meena and senior officials participated.
'Everyone is so excited. There is a lot of excitement everywhere. This was a long time desire of many people.'
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
Educational technology company Byju's chief financial officer Ajay Goel has quit after completing the audit process for the financial year 2022 and will return to Vedanta, the company said in a statement. The edtech major has roped in industry veteran Pradip Kanakia as senior advisor, and president (finance) Nitin Golani has been given additional responsibility as India chief finance officer (CFO) to handle the finance function of the company.
Mr Adani has a fight on his hands. It is not a fight to the death, asserts T N Ninan.
Following is the full text of External Affairs Minister S M Krishna's address on 'Lasting Peace through Joint Global Governance' at the preparatory ministerial meeting of the Non Alignment Movement Summit at Tehran, on Tuesday.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
Trinamool Congress leader Mahua Moitra was expelled on Friday from the Lok Sabha after the House adopted the report of its Ethics Committee that held her guilty of accepting gifts and illegal gratification from a businessman to further his interest.
If they will allow I will speak inside the parliament, the Wayanad MP said.
A visibly perturbed Dhankhar termed O'Brien's behaviour "theatrics" that would not be tolerated.
With Supreme Court asking Srinivasan to step down for a fair probe into the Indian Premier League betting and fixing scandal, questions are being raised about whether the Tamil Nadu strongman can indeed become the chairman of the International Cricket Council's all powerful executive board.
What some of our leaders were up to on Thursday and Thursday.
India's primary failings have been in its inability to deliver health and education for all.
Board of Control for Cricket in India secretary Anurag Thakur says former president Narayanswami Srinivasan will continue as ICC chairman till September after which the Board will chalk out a way forward at its Annual General Meeting.
'I was amazed at how tasty it was.' 'They did a good job with millets and lentils, which Mr Modi liked.'
'Approaching the SC, getting a favourable decision and overturning the situation (the speaker's order), will be too much to ask for in too short time.'
'The party is breaking stereotypes by not inviting senior leaders to become chief ministers.' 'No other party has had the guts to do this.'
It's mostly fun and games at annual general meetings of companies, but sometimes it is also a bit ugly. . .
Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.
ICC said that Pakistan is yet to provide written assurance regarding their participation in the upcoming ODI World Cup in India.
'He wanted to learn all the time.'
"Whoever said all those words you mentioned, I did not respond in kind because it is not the way I am built and we now have to move on, let bygones be bygones, whatever was said, we need to forget and move forward. It is not about individuals or positions or someone's statements now. It is about the country and the party," Pilot said.
Chief Justice of India DY Chandrachud on Tuesday remarked that once judges demit office whatever they say is just opinion and is not binding, after former CJI Ranjan Gogoi's comments that the basic structure doctrine was debatable was flagged in the Supreme Court.
'Modiji's programmes are efficient and with foresight, and needed for the country.' 'I also like his way of functioning. So, in whatever way I can, I would like to contribute.'
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
The financial crisis, which a year ago seemed to be localised in one part of the financial system in the US, has exploded into a systemic crisis
The PCB clarified that the concept of a 'hybrid model' of tournament was strictly pertaining to Asia Cup since India will not travel to Pakistan.
'Considering Pai is putting his own personal money in Byju's, stakeholders in the company can look forward to more governance and transparency.'
Addressing a press conference, Congress general secretary Jairam Ramesh said efforts are being made since the last few days that a 'formula' or middle path is found with both the Opposition and the government relenting.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
'Taranjit has the ideal temperament to deal with the Americans who understand firmness and appreciate flexibility.' 'He can hold his ground with a cheerful face and still make it clear that India and the US are partners, rivals,' says Ambassador T P Sreenivasan.
Realty major DLF's chairman Rajiv Singh remains the wealthiest Indian real estate entrepreneur with a wealth of Rs 59,030 crore, according to GROHE-HURUN India. With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Mumbai-based Macrotech Developers (Lodha Group) is at the second position. Arjun Menda & family of Bengaluru-based RMZ Corp debuted at the third position on the list, with a wealth of Rs 37,000 crore.
The cricket career of Pakistan captain Misbah-ul-Haq has come a full circle. Misbah is no longer 'Mr Tuck Tuck'.
The information provided by AMCs in these fact sheets is often inadequate and/or incoherent.
In the past six months, (Pakistan President Prevez) Musharraf has been seriously weakened, the major non-religious political figures have been diminished, and the US has been publicly involved in the deal-making leading to Pakistan's next government. The biggest security challenge for the US, however, comes from the newly emboldened violent extremists who are challenging the authority of the Pakistani state
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