The $108 billion Indian IT-ITeS industry is also witnessing the rise of tier II and III cities like Kochi, Ahmedabad and Kolkata as product hubs.
Apart from the Google team led by AI scientist Manish Gupta, the company will also partner with the research community across the country to focus on tackling challenges in fields like healthcare, agriculture, and education.
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Goldman Sachs, Morgan Stanley and JPMorgan, the three bulge-bracket banking groups of the US, are likely to get active in Indian real estate after a long gap, according to executives with property funds and consultancies.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
The market for vinyl collapsed with the advent of CDs in 1982. But LPs, as they were fondly called, have made a comeback in the past ten years, with certain editions costing quite a packet
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
Snapdeal said it will give its users the option to defer the delivery by a few days till new currency notes become easily available.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
"Features of the Bill are anti-people and anti-Constitution...it is a very dangerous act," the fiery TMC MP said.
'A CEO is successful if he is able to retain the confidence of his shareholders. And the shareholders of India Inc have backed their prime minister-CEO to the hilt,' says Sudhir Bisht.
Sukanya Verma shares her exciting filmi week with us!
'According to me, her finest hour was in 1983-1984 when she neutralised a combined US-Pakistan-British conspiracy to Balkanise India by creating an independent Sikh State of Khalistan,' says Colonel Anil A Athale (retd). A special assessment of Indira Gandhi on her centenary.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
Over the past two decades, India has evolved economically as well as from the market's perspective.
Priyanka Chopra's mother Madhu opens up about her famous daughter.
'Indira Gandhi, it appears, did not to consult her Cabinet colleagues, or diplomats, or civil servants when she decided to sign the agreement in Shimla.' 'We ruefully recall Bhutto's perfidy and the Indian prime minister's gullibility,' says Lieutenant General Ashok Joshi (retd).
Indian economy about to take-off
