DOIT is a 100 per cent subsidiary of Morgan Credits in which Rana Kapoor's daughters Radha, Roshini and Raakhe, are directors. In 2018-19, the company incurred a net loss of Rs 48.76 crore on revenues of Rs 59 crore - a sharp contrast to 2017-18 when it had profits of Rs 2.7 crore on revenues of Rs 43 crore. To fund these aggressive investments into its subsidiaries in 2018-19, DOIT used debt which doubled to Rs 600 crore in 2018-19 from the previous year.
Spotlight likely on cement, metals, road cos
'The India-Canada relationship has suffered benign neglect. Its full potential has not yet been realised,' says Rup Narayan Das.
Images from the UEFA Champions League matches on Tuesday night.
The numerous integration measures have led to savings in areas including supply chain, technology, inventory management, and marketing.
These projects will be undertaken by BMC, Mumbai Metropolitan Region Development Authority, Maharashtra State Road Development Corporation.
PM promised a tax regime that is predictable and competitive
The Obamas got a glimpse of Indian culture and ethos at Rajpath on Monday
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
The new Budget would do well to fill up the gaps and pave a strong way forward to ensure that the optimism surrounding it is not short-lived.
Is the XUV700 just a facelifted XUV500 or is it a completely new breed in the vast range of SUVs available today? Rajesh Karkera takes the latest offering from the Mahindra stable for a spin to find out.
'I have no doubt that the government means well.' 'I am merely curious to know whether my suspicions of it being enthusiastic about shooting first and aiming later are unfounded,' says Aakar Patel.
Juergen Klopp's side returned to English Premier League action on Friday with a hunger and desire that suggested they have spent the close-season break chomping at the bit to get back on the field.
This comes ahead of the resumption of the functioning of metro rails across the country from September 7.
India has eased foreign direct investment rules for the construction sector, the government said on Wednesday, in an effort to attract more money into the country to build new hotels, housing and townships.
English Premier League leaders Liverpool opened up a 22-point gap at the top of the table with second-half goals from Alex Oxlade-Chamberlain, Jordan Henderson and a Mohamed Salah brace giving them a 4-0 home win over Southampton. A rare double from defender Antonio Rudiger earned Chelsea a point in an entertaining 2-2 draw with third-placed Leicester City.
The Prime Minister said he was glad that the world community took note of this "because this is an issue that does not selectively affect one nation."
He said that India will work with Singapore to bring the Regional Comprehensive Economic Partnership to early conclusion. He also said the India-Singapore Comprehensive Economic Cooperation Agreement has been reviewed and the two sides will work to further upgrade it.
This is the fifth consecutive day that coronavirus infections have increased by more than 15,000. There has been a surge of 3,38,324 infections from June 1 till date.
'In today's digitalised world, news about the prevalence of such intolerant groups with their pathological animosity towards the minorities cannot remain a secret.' 'Silicon Valley CEOs will undoubtedly factor in such disturbing inputs as they draw up their investment plans.'
Lauren Gottlieb is our new favourite Bollywood girl. So we just had to travel the half the length of the city if only to see her. Hitesh Harisinghani/Rediff.com carried his camera too :-)
Ola commits to invest $100 mn in Vogo, to bring scooter-sharing to its app, reports Alnoor Peermohamed.
Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Here are some answers.
Patricia Hewitt, chair, UK India Business Council and former UK minister, spoke on a number of government initiatives and investment sentiments.
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