Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
'We should become an all-encompassing entertainment and information destination," says chairman Subhash Chandra, who monitors the group on a monthly basis, leaving the day-to-day operations to the chief executive officers.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
'Modi was in as sweet a spot as is possible for an Indian prime minister in mid-term.' 'Why, then, did he plunge into this massive disruption?' 'The answer,' argues Ashok Malik, 'lies in a single word: Belief.'
Nearly $120 bn will come from private sector
In its report 'Global Top Picks', Barclays expects the current bull market in global equities to continue, generating a total return of 9 per cent in 2015.
We take a look at India's major imports and exports with Japan in recent years.
Of late, net neutrality has generated much debate.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
RJio's LYF, Videocon and other smartphone makers to also get notices
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.
RJio is targeting the existing base of high-value customers.
Unlike last year, investors turn cautious on e-commerce sector.
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
ONGC was the top performer while private banking major ICICI Bank extended gains
A truly 'made in India' satellite that will empower a digital India.
The Supreme Court-appointed Justice Rajendra Mal Lodha panel asked the Board of Control for Cricket in India to accept its reforms before proceeding ahead with the process of awarding the Indian Premier League media rights from 2018 onwards.
With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Despite low tariffs, voice usage is not growing.
Defence minister claims MoD 'alive and kicking' after 'getting the weeds out'.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
Mid- and small-cap companies seem to have done better than top-tier companies
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Network18 founder Raghav Bahl is all set to launch his new venture.
HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.
The S&P BSE Sensex dropped 207 points to end at 25,230.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
The net sales growth declines 4.4% in September quarter, the second worst in eight years.
With slower than expected growth in smartphone penetration, operators and OEMs are joining hands to provide affordable mobile devices with attractive offers.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
The Network18 stock is down 4.2 per cent after the declaration of results to Rs 49.50 currently.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
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