Foreign Direct Investment (FDI) is critically important for India to become a $5 trillion economy, Deloitte CEO Punit Renjen said while noting that over two-fifths of the 1,200 business leaders surveyed in the US, UK, Japan and Singapore are planning additional or first-time investments in India. Referring to the survey, he said India continues to be "one of the most attractive" FDI destinations. "Despite the COVID-19 destruction, inflows hit a record high last year. "Business leaders, whom Deloitte surveyed, are preparing to make additional and first-time investments in India," Renjen said.
Billionaire Gautam Adani on Thursday said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce world's cheapest hydrogen. Adani Green Energy Ltd (AGEL), the world's largest solar power developer, is targeting 45 gigawatts of renewable energy capacity by 2030 and will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Ltd (ATL), India's largest private sector power transmission and retail distribution company, is looking to increase the share of renewable power procurement from the current 3 per cent to 30 per cent by FY 2023 and to 70 per cent by FY 2030.
Two cases of the new Omicron variant of coronavirus have been detected in Karnataka, the Union government said on Thursday while asking people not to panic but follow Covid-appropriate behaviour and get vaccinated without delay.
RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system.
Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.
The infrastructure sector received a huge facelift in the last nine years with improvement in road and railway networks, power generation and teledensity, among others, says the UPA government's report card.
After two decades, the SCO appears to be at a cross-roads with the US withdrawal from Afghanistan, asserts Srikanth Kondapalli, the leading China expert.
Individuals who can understand data and go for data driven decisions making using their critical mind will be highly valued.
Three-times Grand Slam winner Murray has struggled to regain form since undergoing hip surgery last January and was knocked out in the first round of the Australian Open on Monday having said the tournament could be his last as a professional.
A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
Michael Clarke's injury-ravaged career may not be as jeopardised as initially feared with the Australian captain and team physiotherapist Alex Kountouris saying that the surgery to fix his hamstring injury went "really well", giving him a good chance of being fit for the World Cup.
The defender buys French boxer's kit in auction, hands it back
The most important driving factor that entrepreneurs should remember is to believe in themselves, their capabilities, and their dreams, advises Harvard Business School and Singularity University alumnus Nitesh Jain, founder and CEO, BeSingular, an edtech company.
'As a course mate who has followed closely this star on the Bombay Sappers firmament, my heart swells with pride to see his extraordinary brilliance and focus; his commitment and his dedication; his hard work; and his technical as well as tactical knowledge,' says Colonel K Thammayya Udupa (retd) of his batchmate General Manoj Pande who will take over as chief of the army staff on May 1.
In the last five years, 37 bridges have collapsed in Uttarakhand. Another 27 bridges are on the brink of collapse. 'Our politicians don't view these bridge collapses as a setback.' 'Rather they see them as an opportunity to make more money.'
Earlier in the day, Russia was banned from defending its Davis Cup and Billie Jean King Cup titles but its players will still be allowed to compete at the Grand Slams and in regular tour events.
India has come a long way from conducting the first COVID-19 test in January in a laboratory in Pune to crossing the milestone of conducting four crore such tests.
Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.
Investment banking star and Moelis India Chief Executive Officer Manisha Girotra remembers a colleague who wanted to resign because she needed to attend to her parents' health issues in a different state. Rather than quit a promising career, she was given the flexibility of working from home on Fridays, which was unusual in the pre-pandemic days. This allowed her to take care of her parents' visits to the doctor and other health-related needs without quitting her job. She would be back in the city office on Mondays.
The NFL's Cowboys, who unseated Spanish soccer club Real Madrid for top spot on the list in 2016, were valued at $5 billion, a 4% rise when compared to last year, Forbes said in a statement.
The former Test batsman clearly played a part in trying to cover up the cheating by getting word to Bancroft that his use of some tape to try and scuff up one side of the ball had been spotted by the television cameras.
News that transpired on and off the football field.
In first 9 months of FY18, scooter sales grew by 18.5%, the number may jump further as more women join workforce
Here's a glimpse of how the massive rescue operation was carried out by the agencies.
The module was also planning to carry out targeted killings in India and was in the advanced stage of procuring arms, including automatic rifles and pistols, ammunition and explosives to carry out the attacks, he said.
The airline has closed reservation for flights to Silchar, Imphal, Aizawl, Jorhat in northeastern states from mid-February. Reservation has also been closed for flights to Madurai, Visakhapatnam, Raipur, Muscat and Sharjah.
The government, however, dismissed allegations of any kind of surveillance on its part on specific people, saying it 'has no concrete basis or truth associated with it whatsoever'.
The company needs Rs 2,000 crore more in 2 years to repay debt.
Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities.
The green panel ordered a survey to seek views of the common people about what they feel on ground about the pollution in the Ganga.
The BCCI on Sunday announced an open tender process for allocating the cash-rich Indian Premier League's global broadcasting rights, a move that conforms to the Lodha Committee recommendations on transparency. "We are happy to announce the tender process for IPL Global Media Rights (TV and Digital)," BCCI President Anurag Thakur announced in a press conference in New Delhi.
'The BJP's solo aim in Mumbai and Maharashtra is to finish off the Shiv Sena and Sharad Pawar's NCP.'
MUrgency is slated to launch services in Amritsar and Jalandhar in the last week of May and cover the entire state by June end.
Australian TV network Channel Ten has scored a major coup in its cricket war with new rivals Nine by signing former captain Ricky Ponting as a marquee commentator for the domestic Big Bash series this summer.
Samridh Seth suggests nine must-read books that can help turn your life around.
The bench, however, granted Purohit the liberty to raise his contentions before the trial court and said it is not expressing any opinion on his petition.
UP East tops number of rural internet users; Urban internet subscriber base stands at 231 million, rural at 112 million
Joint Secretary in the health ministry Lav Agarwal said 154 new positive cases of the disease have been reported due to the transit-related history of those who attended the Tablighi Jamaat congregation. These include 23 new cases from Jammu and Kashmir, 20 from Telengana, 18 from Delhi, 65 from Tamil Nadu, 17 from Andhra Pradesh, nine from Andaman and Nicobar Islands and two from Puducherry.
The Indian Army has shown it can face down the PLA, but is too often held back by a political leadership that lacks boldness, asserts Ajai Shukla.
The rescued boys are said to be in "high spirits."
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