This marks the second billion-dollar investment by Silver Lake in a Reliance subsidiary after the $1.35 billion investment in Jio Platforms.
'If you look at the relationship with Pakistan, or the relationship with China, both are today, more uncertain than they were when this government came into power.'
The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.
'If things don't work on the ground and they continue moving at this pace, it will vanish.'
Pompeo will travel to India, Sri Lanka, Japan and South Korea from June 24 to 30. His four-nation is aimed at deepening US partnerships in the strategic Indo-Pacific region.
Biggest challenge is to control fiscal deficit
In the opinion piece after the summit, the leaders said the cooperation, known as "the Quad," was born in crisis. It became a diplomatic dialogue in 2007 and was reborn in 2017.
It would be realistic to see India's position on the DGMOs joint statement more as 'engagement, different from dialogue', where our subsequent options could be decided depending on the realities of the situation on the ground, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Aayog to present its performance review - since its existence - before the governing council
In the second of the three part series, C Raja Mohan, Strategic Affairs Editor with the Indian Express, says that as India moved from the expansive internationalist vision of Jawaharlal Nehru to the narrower worldview of the Indira years, the pursuit of 'strategic autonomy' became an important theme in the Indian foreign policy discourse.
The two-plus-two dialogue will be held on Tuesday. A host of crucial bilateral, regional and global issues including China's efforts to expand influence in the Indo-Pacific region as well as its aggressive behaviour in eastern Ladakh is likely to figure in the talks.
Before migrating into the theatre command concept, it would be worthwhile to study the shortfalls experienced by the Tri Services Command in the Andaman and Nicobar islands and make good the deficiencies, suggests Commodore Venugopal Menon (retd).
'When the issue of terrorism came up, the Vice President suo moto referred Pakistan's role in that regard (of terrorism),' Foreign Secretary Harsh Vardhan Shringla told reporters when asked if the issue of Pakistan's role in terrorism came up during her meeting with Modi.
Together, AT&T and TechM aim to improve the agility in rolling out and supporting networks of the future, while improving returns on investment through technology-led transformation.
Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.
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.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued momentum in retail and steady telecom unit Jio.
'Chinese experts estimate that the new US administration is 'at the crossroads of how to re-manage and control' Sino-American differences and strategic divergences and Biden's bottom line is that the US would have 'extreme competition with China, but won't allow competition to develop into conflict',' notes Ambassador M K Bhadrakumar.
Finance Minister Nirmala Sitharaman on Tuesday said monetisation of Central Public Sector Enterprises (CPSE) assets is based on the principle of value creation for the government and investors and would bring about a paradigm shift in infrastructure augmentation and maintenance. Chairing the National Workshop with the states/UTs on Asset Monetisation organised by Niti Aayog, the minister sought the collaboration of states for the holistic development of infrastructure. She said India can become a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, through active collaboration between the public and private sector.
In a veiled reference to China's aggressive military behaviour, Defence Minister Rajnath Singh on Thursday said exercising self-restraint in the conduct of activities and avoiding actions that may further complicate situation will go a long way in bringing sustained regional peace.
Puneet Goenka's ability to stay calm is probably what helped Zee rise from a down-in-the-dumps broadcaster into one of the largest, steadiest and most profitable media companies in India, reports Vanita Kohli-Khandekar.
Prime Minister Narendra Modi on Friday told his military commanders that he saw a "rare" possibility of a full scale war but asked them to be ready for "invisible" enemy and challenges which will be "less predictable" in a changing world.
The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach. We need to accept that this process will take time if executed correctly and in the best interests of the Indian armed forces, argues Commodore Venugopal Menon (retd).
Billionaire and Mahindra Group chairman Anand Mahindra along with top Silicon Valley investors Naval Ravikant and Balaji Srinivasan are backing space tech start-up Agnikul as part of a new funding round. Chennai-based Agnikul said, on Thursday, that it has raised $11 million in Series A funding round led by Mayfield India. It is the largest funding round for a private Indian space technology company in the country. Existing investors pi Ventures, Speciale Invest and Artha Venture Fund also invested in this round.
One of the leading contenders in the Indian e-commerce space, Snapdeal has seen its fortunes falling amid strong competition from Amazon and Flipkart.
His vision drove ITC to pursue business models that today support over 6 million livelihoods, many amongst the weakest in society.
Despite the Oscars, the box office glory, and the universal acclaim, Francis Ford Coppola, I am sure, remembers The Godfather with as much frustration as pride. Like Michael Corleone, he got into it with the best of intentions, and got out of it on top but lost in the heights. Sreehari Nair revisits the film as it turns 50 this month.
Amid "great expectations", Prime Minister Narendra Modi on Saturday embarked on a visit to Japan which is expected to open new vistas in the bilateral ties and take the strategic and global partnership to a higher level.
Auto majors, including Maruti Suzuki India, Hyundai and Tata Motors, on Sunday reported high double-digit growth in their domestic passenger vehicle sales in July riding on stabilisation of macro-economic factors and better consumer sentiments. Similarly, Honda, Nissan, MG Motor and Skoda also reported healthy growth in their sales last month leveraging on improved market mood amid prevailing lower coronavirus infection rate, despite supply constraints of semi-conductors. The country's largest carmaker Maruti Suzuki India's (MSI) domestic sales increased by 39 per cent to 1,41,238 units last month as against 1,01,307 units in July 2020, the company said in a statement.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
India's negotiating posture at the multilateral negotiations should be aligned with a significantly transformed development strategy domestically.' 'The positions the country takes at the negotiations will then carry credibility, says Shyam Saran, former foreign secretary and India's chief negotiator on Climate Change 2007-2010.
Prime Ministers Modi and Abe enjoyed a close and empathetic relationship and this certainly gave a sustained momentum to the India-Japan strategic partnership. It is necessary for India to reach out and engage with his successor as early as possible, advises former foreign secretary Shyam Saran.
'The India-France relationship has been that of the elites of two countries, who appreciate each other's philosophical traditions -- whether it is ancient Indian civilisation and Sanskrit texts or the French tradition of Rene Descartes, Albert Camus, (Jean-Paul) Sartre... This is a drawback. It doesn't create the buzz, the excitement necessary for a relationship. We need more people-to-people contact, especially among students,' says former Ambassador to Paris, Rakesh Sood.
It is time for the US to reposition its foreign policy.
'But, then are we saying that armed forces must prepare for war? No'
As the pandemic unfolded, the India-China relationship has come under severe stress. To restore normalcy, agreements between the two countries must be respected scrupulously in their entirety. Where the Line of Actual Control is concerned, any attempt to unilaterally change the status quo is unacceptable, declares External Affairs Minister Dr Subrahmanyam Jaishankar.
Suresh Prabhu must first work to repair damage to railways.
Chinese observers forecast that whether it is Trump or Biden, they are expected to follow tough and hardline policies towards Beijing as part of US efforts to contain the rise of China.
The deal, as well as some other strategic and financial investments in works, will help Ambani cut debt at RIL.
Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
