Virgin Atlantic Airways Chairman Richard Branson has said he planned to invest about $50 million in his personal capacity in an Indian airline for which he was in talks with 'four different people' in the country.
After a $110 billion rout in market value, embattled Adani group got some reprieve on Tuesday after shares of most of its listed firms rebounded on bourses and international rating agencies said there was no credit risk for lenders with exposure to the group. The group, which is in the midst of a political storm after US-based short-seller Hindenburg Research's adverse report dated January 24 triggered a meltdown in group stocks wiping out billions of dollars in market value, also had a mixed day with the quarterly results of four of its entities, particularly Adani Ports and Special Economic Zone reporting a 12.94 per cent decline in consolidated net profit to Rs 1,336.51 crore for the December quarter 2022. Shares of flagship firm Adani Enterprises settled nearly 15 per cent higher at Rs 1,802.50 apiece while shares of Adani Wilmar jumped 5 per cent to end at Rs 399.40 on BSE.
Serum Institute along with other vaccine producers have agreed with the government to sacrifice profits. There is no vaccine industry on the planet that has agreed to provide vaccines at such a subsidised price, he added.
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A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
'While I am personally pained at the raids on Dr Roy's home, I want to ask five questions of those crying themselves hoarse over the attack on the "freedom of the press",' says Sudhir Bisht.
He is not a regular corporate honcho. The appointment of Raj Nayak, often decsribed as 'the people's person' and 'go-getter' by his peers, as the CEO of Colors, the general entertainment channel of Viacom18, came as a surprise to many.
Even as the profit margins swelled for most media conglomerates on the back of robust growth in advertising and subscription revenues for the second quarter ended September, companies running television news channels had an uphill time.
One of Indian TV's most famous faces tells Kanika Datta why and how she hopes to reinvent herself in the uncharted territories of multimedia and think tanks
And, in turn, help 1,000 artisans earn Rs 5,000 at a time when they are struggling to cope with financial hardships during the COVID-19 pandemic.
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
Many of the tragedies occurred in the dark, which is when it is cooler to walk, and many people were caught in their sleep. The combination of no traffic and speeding vehicles has led to havoc, endangering the lives of those who found themselves without work or money in the coronavirus-induced lockdown and were frantic to get home, any which way.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
The growth of a credible, objective news media business in India requires political will and a belief in free speech.
Though the markets have lost ground since the past few sessions, analysts do not seem worried.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
Anshuman Jain became the co-head of Deutsche Bank in 2012 along with Juergen Fitschen.
LS MPs are paid Rs 2.8 lakh per month plus travel and other perks which works out to nearly Rs 177 crore for 545 MPs during the last financial year. Add another Rs 78 crore for the Rajya Sabha MPs, according to data.
'It was a professional relationship with Jayalalithaa.' 'Being a businessman, I have to be in touch with the ruling party.'
'Modi and the BJP don't want Delhi to function.' 'The LG is like a puppet of the BJP.'
Airtel Zero launched with the promise of free access to apps.
'The most important issue for Indians, the only way in which to get them quickly out of poverty, is sustained high growth.' 'If we are not doing that despite a strong government and a leader with clarity of vision and purpose, we are facing big trouble.'
Some unlikely celebrities are behind multiple campaigns to fight the fake news menace.
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The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
The company has done a lot to promote 'Open Happiness'.
India will have to deal with the question of whether broadband service providers are 'common carriers', like highways.
For some, he is a visionary who grew his one-channel firm into a media giant by the sheer dint of his courage; for others, he is a compulsive risk-taker.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
This was good enough for Fernandes to hire Chandilya to lead his India business.
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