Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
ISI chief Faiz Hameed coerced the Taliban to announce an interim government guaranteed to preserve Pakistan's control over the levers of power in Kabul, observes Ambassador M K Bhadrakumar.
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
The SKM had said that the rail blockade will held across the country from 12 pm to 4 pm.
India's largest carrier IndiGo will cut 20 per cent of its flights due to lower demand as a rapidly spreading coronavirus upends the recovery of air travel. The airline was operating around 1,200 flights as on Saturday. Other airlines are being forced to cancel flights as states tighten restrictions to combat the spread of the virus, and people are dropping last-minute travel plans. Airlines carried 2,518 passengers on 260,251 flights on Saturday, compared to 2,794 passengers on 358,856 flights the day before.
Experts explain the distinction between the rights of small and minority shareholders in public-listed and private companies.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
He is believed to have told that he was silently operating in the adjoining districts of Hamirpur, Banda and Chitrakoot for last 10 years preying upon poor children between 5-16 years of age, the officials said.
Private sector lender Kotak Mahindra Bank will handle the salary account of the Indian army personnel, the bank said on Thursday. The bank has signed a memorandum of understanding (MoU) with the Indian Army for salary account. The MoU enables Kotak to offer its salary account proposition, combined with exclusive benefits for the Indian Army, to all army personnel - both active and retired, Kotak said in a release.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
The creation of a CDS has got the head right. Issues that were not talked about for years are now being discussed, points out Ajai Shukla.
The board has learnt from the harsh lessons of the 2021 edition when the tournament had to be suspended midway due to the raging pandemic and could only be completed in the UAE four months later.
This doctor couple put their faith in India. And in return India has put faith in them.
Samantha Lewthwaite or the White Widow and the world's most wanted woman terrorist, has reportedly been gunned down in war-torn Ukraine by a Russian marksman.
'It is time India thought big not only about its global clout politically and diplomatically, but also act its size against pin-pricking by anti national elements,' says Group Captain Murli Menon (retd).
A salute to the youngest Param Vir Chakra Awardee, Subedar Major (Honorary Captain) Yogendra Singh Yadav who has retired from the Indian Army.
Uttar Pradesh left-arm spinner Saurabh Kumar is the only new face in the 18-member Indian squad for the three-Test series against Sri Lanka.
The Union home ministry on Wednesday directed the National Investigation Agency (NIA) to take over the investigation of 'brutal murder' of a tailor in Udaipur and probe involvement of any organisation and international links.
The Indian financial system's asset quality improved despite the pandemic, but it could be due to special dispensations by the regulator, and banks would likely see increased stress on their books once the schemes expire. According to the annual trend and progress report of the Reserve Bank of India (RBI) released on Tuesday, the data available for this financial year so far indicate that banks' bad debts have moderated while provision coverage ratios (PCRs), capital buffers as well as profitability indicators have improved relative to pre-pandemic levels.
10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
Prime Minister Modi, who is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida, penned an op-ed on the vibrant relations between India and Japan in the Yomiuri Shimbun.
'How can we have lunch offered by the government when our fellow farmers are sitting on roads'
Union Health Secretary Preeti Sudan held a high-level review meeting through video conference with the chief secretaries, health secretaries and National Health Mission (NHM) directors of these states, the health ministry said. 'These states are witnessing a surge in COVID-19 cases since the last three weeks as lockdown rules have been eased and inter-state migration has been allowed,' the ministry said in a statement.
'Since the Covid virus has a tendency to mutate, we can continue to expect new variants of the virus to emerge and keep circulating and recirculating in the communities.'
This step by the Modi government is in the right direction and will go a long way in safeguarding the interests of socially and economically backward communities, asserts Professor T V Kattimani, Vice-Chancellor, Central Tribal University, Andhra Pradesh, Vizianagaram.
The navy is pushing hard for IAC-2 to be a 65,000-tonne, flat deck carrier that is designed and built in India, with technical and tactical consultation from the US navy -- the global masters in aircraft carrier operations.
President Zelenskyy's telephonic conversation with Prime Minister Modi came hours after India abstained on a UN Security Council resolution by the United States that 'deplores in the strongest terms' Russia's 'aggression' against Ukraine.
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
The plea also states that the petitioners are also questioning why or how the project constitutes an "essential service", merely because some executive mandated contractual deadline has to be met.
The court said that all the convicts will have to undertake community services for six hours a week besides reporting to the local police station on a weekly basis as bail conditions.
'Anglo-Indians have played a significant role at the forefront, meeting every challenge to the security of the motherland.' A fascinating excerpt from Barry O'Brien's The Anglo-Indians: A Portrait of a Community.
CIA Director William J. Burns held a secret meeting in Kabul on Monday with Baradar in the highest-level face-to-face encounter between the Taliban and the Biden administration since the militants seized the Afghan capital, the Washington Post reported, citing unnamed US officials who spoke on the condition of anonymity,
Budget might turn out to be neutral for the sector.
A round up of the fourth and final day's action of the Ranji Trophy matches on Sunday.
In a volte-face, Pakistan's cabinet on Thursday rejected the proposal of a high-powered committee to import cotton and sugar from India, with Foreign Minister Shah Mahmood Qureshi asserting that there can be no normalisation of ties until New Delhi reverses its decision to revoke the special status of Jammu and Kashmir.
'We're seeing major Bollywood celebrities, fashion icons, and even movie studios all wanting to build Metaverse experiences'
As the FM said, this is a Budget that lays the foundation for the next 25 years, observes Kumar Mangalam Birla.
