The leaders of the Quad comprising India, the United States, Australia and Japan are set to demonstrate that the grouping is a 'force for global good' and has a unifying commitment to a rules-based international order amid China's increasingly intimidatory behaviour.
Byju's is set to promote its chief operating officer (COO) Mrinal Mohit to a bigger role, including leading the India operations, according to people familiar with the matter. This is because Byju Raveendran, founder and chief executive officer (CEO) of the edtech giant - which is valued at $22 billion - is planning to focus on global expansion and acquisitions. Among the global regions, Raveendran may look at markets such as the US and the Middle East.
The Wayanad MP also said that he supports Indian foreign policy and doesn't have a huge disagreement with it with regard to India's position on the Russia-Ukraine war.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
Former England skipper Michael Vaughan on Thursday termed the non-selection of off-spinner Ravichandran Ashwin in the Indian lineup as "madness". "The non selection of @ashwinravi99 has to be greatest NON selection we have ever witnessed across 4 Tests in the UK !!! 413 Test wickets & 5 Test 100s !!!! #ENGvIND Madness," tweeted Vaughan.
In a major expansion into sportswear and lifestyle wear segment, the Kumar Mangalam Birla-led Aditya Birla Fashion & Retail has signed a long-term licensing agreement with Authentic Brand Group of New York, which has the marketing and branding rights of Reebok, to run the operations of the global sportswear, athletic and lifestyle major in the country and ASEAN markets. The new agreement between the largest domestic multi-brand fashion retailer and Authentic Brand is an extension of their existing relationship as ABFRL already markets and sells some ABG brands like Forever 21. The agreement follows the global transfer of ownership of the Reebok brand from Adidas to ABG, which is expected to close in the first quarter of 2022.
The country's second-largest IT services firm Infosys on Wednesday reported a 16.6 per cent rise in consolidated net profit at Rs 5,197 crore for the December 2020 quarter. The company had posted a net profit (after minority interest) of Rs 4,457 crore in the year-ago period, Infosys said in a regulatory filing. Its revenue grew 12.3 per cent to Rs 25,927 crore in the quarter under review from Rs 23,092 crore in the corresponding period last fiscal.
To progress from U-19 to first-class level, we need to put in double effort: India U19 captain Dhull
Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.
We have already suffered considerable collateral damage as a result of the war, and its continuance will continue to dampen our prospects for faster economic growth. We have a direct and legitimate interest in its early cessation, counsels former foreign secretary Shyam Saran.
Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.
Tech major Lenovo on Thursday said it is significantly ramping up its local manufacturing capabilities in India across product categories like PCs, notebooks and smartphones to meet the increasing customer demand. While the company did not disclose the investment being made, Lenovo said it is expanding in India across all business lines, including PC and smart devices, smart phones, infrastructure solutions, and especially in the newly established services and solutions group. Lenovo has expanded its in-house PC manufacturing plant in Puducherry to include a third manufacturing line, while it has started local manufacturing of its tablet computers in partnership with Wingtech Technology in Tirupati, Andhra Pradesh.
Microsoft India on Tuesday said it has collaborated with Invest India to support tech startups in the country. As part of the partnership, the Microsoft for Startups programme will work closely with Accelerating Growth of New India's Innovations (AGNIi Mission) - a programme of the Office of the Principal Scientific Adviser to the Government of India, a statement said. Housed and executed by Invest India, AGNIi Mission helps startups become enterprise-ready.
South Africa's openers have struggled and the skipper said losing Quinton de Kock to injury has affected the team.
The meeting between Jaishankar and Pompeo comes at a time both India and the US are at loggerheads with China.
Bollywood superstar Shah Rukh Khan's Knight Riders Group, on Tuesday, announced their foray into the untapped US cricket market investing in development of Major League Cricket with a multi-million dollar T20 tournament.
The owners of Rajasthan Royals have acquired a majority stake in CPL team Barbados Tridents, becoming the third IPL franchise to be associated with the Caribbean Premier League T20 tournament after Kolkata Knight Riders and Punjab Kings.
A summary of Ranji Trophy matches played on Thursday.
E-commerce giant Amazon and Infosys co-founder N R Narayana Murthy's Catamaran Ventures have "mutually decided" to not continue their joint venture (JV) beyond the end of its current term. The JV, Prione Business Services, which has been running successfully for the past seven years, was coming up for renewal on May 19, 2022. The JV enabled over 300,000 sellers and entrepreneurs to go online. It also enabled 4 million merchants with digital payment capabilities, providing these small and medium-sized businesses (SMBs) and merchants access to millions of customers across the country.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
Strategic direction post-COVID-19 and further details on asset monetisation are key expectations from the 43rd AGM of RIL, analysts said.
'Mere fundamentals will not do the trick,' cautions former commerce secretary Rahul Khullar.
That the eventual margin of victory was a mere 16 runs tells one exactly how crucial Karthik's innings was in the overall outcome.
Biden welcomed Prime Minister Modi at the Summit and said "it is wonderful to see you again in person".
'The crisis has strengthened America's resolve to work towards building its relationship with India as a bulwark against Chinese aggression'
Joe Root's decision to bat backfired on England, who were bowled out for just 147 on a rain-hit first day.
Overseas shipments at auto firms expanded at a brisk pace year-on-year (YoY) in March, bumping up the overall annual exports for FY22 and taking it to a record level for some like Maruti Suzuki India and Bajaj Auto. Amid a semiconductor shortage, a depreciating rupee and a strong demand in various export destinations, passenger vehicle makers diverted capacity meant for the local market in favour of the more-lucrative export market. Among the passenger vehicle makers, market leader Maruti Suzuki led the rally with its overseas shipments touching a record level of 238,376 units in FY22 - the highest for the company in any financial year.
HDFC Bank on Monday said it aims to regain the two per cent market share in the credit card market it ceded to rivals during a recent ban, within a year by aggressively tapping into its existing depositor base. The bank will also focus on forging new partnerships to sell more cards and will not deviate from its conservative approach on taking credit risks as it goes aggressive in the market, its group head for payments and consumer finance, digital banking and IT, Parag Rao, told reporters. On August 17, RBI lifted the ban on HDFC Bank which had prevented it from issuing new credit cards from December 2020.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
Pacer Craig Overton says England still hold all the aces going into Day 4 of the third Test against India, at Headingley, Leeds, on Saturday.
While the two leaders have met earlier when Biden was the Vice President of the country, this is for the first time that Biden will be meeting Modi after he became the 46th president of the US in January.
Mukesh Ambani is stringing in new partnerships within the Reliance ecosystem with the best in global business -- from Facebook, Google and Microsoft to umpteen sovereign wealth funds and a soon-to-be-declared strategic partner in a big global retailer, notes Shailesh Dobhal.
'India, which climbed the escalation ladder first, has climbed down.'
'It remains unclear what Indian objectives have been realised in precipitating the crisis in the first instance last Tuesday,' notes Ambassador M K Bhadrakumar.
These mistakes can turn out very expensive and not just in terms of your finances, but also in the time it will take to resort to the conflict at hand. Having a legal hand can save you from any unforeseen troubles, alerts Harshit Malik, entrepreneur, wisdom coach and enrichment guide.
Summary of sports events and persons who made news on Wednesday.
Two powerful US Senators have urged President Joe Biden not to impose provisions of the punitive Countering America's Adversaries Through Sanctions Act against India for buying the S-400 surface-to-air missile system from Russia.
Top Pentagon officials have shown an understanding of India abstaining at the UN on resolutions against the Russian aggression against Ukraine but had a hard time pacifying many US lawmakers during a Congressional hearing on the Indo-Pacific on New Delhi's repeated abstention at the world body in New York.
In December, Aisha Shah was named as Partnerships Manager at the White House Office of Digital Strategy.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
