This move to sell a part of its land holding in one of its SEZ is part of an overall move by GMR to exit some of its assets as part of its 'asset light -- asset right' strategy.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
Prime Minister Narendra Modi's real test will be whether he can bring a longer-term vision to India's foreign policy planning, says Ravi Agrawal.
A summary of sports events and persons who made news on Thursday
The system will wed BlackBerry's security platform with the South Korean company's own security software for its Galaxy devices.
Adulterated food can cause cancer, insomnia and other neurological problems, and adulteration is a growing concern across India
A key UN climate change summit that will be attended by nearly 150 world leaders including Prime Minister Narendra Modi kicks off on Monday under the shadow of the deadly Paris terror attack to try to craft a long-term deal to limit carbon emissions.
'If India maintains the Constitutional set-up that its founders envisaged -- which is that it is a parliamentary democracy, with a broadly speaking market economy, in which all people are equal as everyone votes, in which the rights of minorities are respected -- that will be a great thing.' 'Not just for India. But for humanity.'
India Inc has few leaders who are likely to grab headlines in 2015.
'Not only are four of the top five fathers, but Federer famously injured a knee, weakened by years of twisting and turning on tennis courts, early this year while giving his elder pair of twins a bath.'
Abdulla Yameen, half-brother of former autocratic ruler Maumoon Abdul Gayoom, on Saturday clinched an unexpected victory in the presidential run-off elections by defeating former President Mohamed Nasheed, who had led in two recent aborted polls.
Ahead of Modi's two-day visit, the capital city Dhaka is having a festive look with streets adorned with life-size cutouts of Modi.
The largest private sector lender is also looking to open a full-fledged branch in China, where it already has a representative office, managing director and CEO, Chanda Kochhar said during the bank's 19th annual general meeting in Vadodara.
RBI's surprise rate cut has revived sentiments of India Inc.
Modi's Vietnam visit is timely and crucial for several reasons. First, Vietnam lies at the heart of India's vision for Southeast Asia as also its 'Act East' policy. India also wants to boost its defence exports to friendly countries. And it is looking to increase trade between the two countries will now is only $7.83 billion, says Dr Rahul Mishra.
'Culture is our asset. Culture is our identity.' 'Wherever you go in India, every millimetre can be measured with culture.' 'There is so much to see that even one life is not enough.'
HDFC and Infosys contribute the most to today's rally.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
How will China deal with Taiwan's first woman president? Srikanth Kondapalli explains the significance of a historic election.
Refining major optimistic on planned investment of $16 bn for expansion and new technology to post healthy margins
Colombo can handle more container traffic than all of India's ports put together. For a country with a long maritime tradition, this is a pathetic state of affairs, saya T N Ninan.
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The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
Global investment is agnostic when it comes to nationalism, says Kanika Datta.
New Delhi has missed its target for partial privatisations for the past five years
Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the Budget decided to classify income from all foreign portfolio investment as capital gains.
'Most likely scenario is Modi comes back with either a much smaller majority and no majority at all and a coalition.' 'Very hard to imagine him doing better than he did last time.' 'He will then be a weaker prime minister,' the author of The Billionaire Raj tells Rediff.com's Vaihayasi Pande Daniel.
Former FIFA official Jerome Champagne formally announced on Monday that he will stand against incumbent Sepp Blatter in next year's election for president of the world soccer body.
The Indian kabaddi contingent made an impressive start to its campaign at the 18th Asian Games with the women's team mauling Japan and the men's side beating Bangladesh and Sri Lanka in Jakarta on Sunday.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Recently, The World Bank has come up with the latest figures on the wealthiest countries in the world.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
13 MP rear camera, 'Live' photos, 4K videos and the A9 chipset that aid faster CPU- and GPU-intensive tasks. Apple's latest iPhone iterations, the 6S and 6S Plus, come with dollops of wow factor.
Read this before you get started on a 'healthy' eating plan.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
West Bengal Chief Minister Mamata Banerjee alleged on Friday that some local news channels had ganged up with the opposition to make a hue and cry over rape and violence in the state and reiterated that there was a conspiracy to kill her.
'With the recent challenging of the notion of the Indian Ocean Region being India's strategic backyard, China is gradually upping the ante in the maritime realm around India.'
Profit of $18 billion was the biggest ever reported by a public company, worldwide.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
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