Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
The seventh round of talks between protesting unions and three central ministers ended inconclusively on Monday as the farmer leaders insisted on the repeal of the three contentious farm laws right from the beginning, even as the government listed various benefits from the Acts.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
In dollar terms, TCS' market valuation rose to $84 billion.
The pensioners have been agitating for last 18 years
But Down Under is a tough call due to shipment time and quality control issues.
India Inc is ready to diversify into unchartered areas.
CBI has also summoned a senior official of Reliance Industries Limited and a noted chartered accountant.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
RIL, which has faced numerous delays in getting approvals and shifting goal-posts, said the country did not have a stable policy regime and this was responsible for exit of global energy giants like Royal Dutch Shell, BHP Biliton of Australia, Statoil of Norway and Brazil's Petrobras.
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
Which were the five businesses Ratan Tata had great hopes for, but his successor failed to deliver?
India, the world's fourth-biggest oil consumer, recently offered Saudi Aramco a stake in refineries and petrochemical projects.
'One by one we are seeing these private banks taking people's money and mismanaging it.' 'In the last 30 years, 30 private banks have collapsed.' 'Nationalise all banks so that people's money is safe.'
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Manchester City CEO Ferran Soriano said the group had been looking for years at soccer in India and the Indian Super League (ISL), which is currently in its sixth season.
Vipul Ambani, a runner who participated in city marathons, never wore his last name on his sleeve, was easy-going, mild-mannered and always smiling. Yet, the question that begs to be asked is why would he join a luxury jewellery company, says Pavan Lall.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
'Investors need to diversify at least 30% to 50% of their liquid wealth across different markets, asset classes, and instruments across the world.' 'Do this with proper guidance and advice.' 'Global investing is complicated, but if done right, is extremely rewarding.'
The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.
Building front-end and stitching it with back-end is a task that IT firms are learning the hard way, finds Raghu Krishnan.
Let all the stakeholders, especially the government, remember that if the Make in India lion needs to roar and rise again, it won't happen unless India Inc rises too, points out Shekaar Subramanian.
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
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.
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
Now, you can own a two-wheeler for Rs 18.5 per day
President Ram Nath Kovind on Friday strongly defended the three new agri laws saying their benefits have begun reaching 10 crore small farmers instantly, and condemned as 'very unfortunate' the Republic Day violence and 'dishonour' to the tricolour during the tractor parade by the protesting farm unions in New Delhi.
The decision of the Telecom Commission to approve in-flight connectivity won't just bring cheer to the chat-friendly passengers, but even more to the telecom industry facing severe financial stress, says Nivedita Mookerji.
Risk sentiment received a boost after eight core sectors grew to a five-month high of 4.9 per cent in August
Banerjee along with other regional leaders are likely to play an important role in any future government in New Delhi, so it is in India's interest that regional leaders like herself realise the importance of progressive economics and good governance, says Tridivesh Singh Maini.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
Sensex in green, JSW climbs higher.
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Companies are legally allowed to invest in markets in India, but the practice has seldom stirred central bank concern until recently, when they have become much more active players.
Rediff readers tell us what their first salaries meant to them.
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The anger against land acquisition is not only among landowners.
