Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
The interest it has generated among designers who are helping create new styles and uses for the product is likely to leave a lasting imprint on the future of khadi.
Is it time to take a relook at our economic theories? asks Ajit Balakrishnan.
The Wuhan lockdown was lifted even as epidemiologists warned that it is not the time to completely lower the guard and ease on full-scale restrictions, considering the looming asymptomatic patients and possible rebound in infections, the official media reported.
'When you forgive a farmer's loans there is this ideological economists lobby which says: 'That's socialism. And that's bad'.' 'But to forgive the loans of big people, so that they will be interested to invest further is capitalism and is good.'
'Nothing will stop India's top three-four corporates who have become aggressive players in the agri-markets after Modi came to power from acting in concert to drive down at will the prices at which they buy from farmers.' 'These corporate houses have the wherewithal to purchase all the farm produce at low prices and store them for a long period of time.' 'Once the harvest season is over they will sell the same produce at higher prices.'
'A robust electoral democracy provides the institutional basis for the generation and regeneration of political hope.'
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
As the country readies to go to polls on July 25, one can't deny the role of the military, but there are other factors too.
When Modi's name was called out by the Secretary General for taking oath, Members from the ruling National Democratic Alliance thumped the desk greeting the Prime Minister with slogans such as 'Modi Modi' and 'Bharat Mata ki Jai'.
Sensex, Nifty under pressure on weak global cues.
From Bollywood strong men to cricketing greats, celebrities upped the glam quotient this poll season. Some we will see as future MPs, the others just have to get back to business. Rediff.com takes a look at some popular faces, who fought Election 2019 and here's the verdict on them.
The National Democratic Alliance won 64 seats.
'Both reflect prejudice and short-sightedness peculiar to Mr Modi's way of thinking.'
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
Godavari Dange, a school dropout who was widowed at the age of 19 is now changing the lives of farmers in her village and beyond.
Zee5 is now the fifth largest streaming app after YouTube, Hotstar, MX Player and Voot, and there is talk of hiving off Zee5 to drive valuation, says Vanita Kohli-Khandekar.
Ministers who were in the news for all the wrong reasons
In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to provide 47,100 jobs. But a clearer picture on where the projects stand will emerge only after the Covid-19 induced fear psychosis ends, to see if popular protests will derail them like they have done so many others, says N Sathiya Moorthy.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.
The fixed line broadband will offer "ultra high-definition entertainment on large screen TVs, multi-party video conferencing from your living room, voice-activated virtual assistants, virtual reality gaming, digital shopping, immersive experiences," Ambani said.
Entrepreneurs, however, say they are unsure when the many obstacles in India will be cleared.
'Unless we change and we see a change in the direction we are taking, times can only get worse.'
NSEL, promoted by Jignesh Shah-led Financial Technologies (India) Ltd, is facing the problem of settling Rs 5,500 crore.
He challenged the Congress to select someone 'capable' as its president, who did not belong to 'that one family'.
'Unlike Trump, who has an isolationist approach, Bolton would like to roam around the world, trampling upon any sign of dissent,' says Ambassador T P Sreenivasan.
'The supreme art of war is to subdue the enemy without fighting.' Former RA&W official Jayadeva Ranade explains what China's military reforms mean for the world.
Etihad has purchased 24 per cent stake in Jet Airways in a deal worth about Rs 2,060 crore deal which was announced in April 2013.
'A President who is a living embodiment of high principles can tone up the entire national fabric,' says B S Raghavan, the distinguished civil servant.
The Commerce Ministry earlier this week commissioned a study to assess the impact of free trade agreement with South Korea, with which India had a trade deficit of about $9 billion in 2012-13.
De-scaling of businesses, job losses and subsequent impact on disposable incomes has created negative sentiment among traders, business owners and workers alike, says Abhishek Waghmare.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
Congress President Sonia Gandhi on Wednesday attacked Prime Minister Narendra Modi for his "blatant U-turn" on the issue of transparency.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
