Nehru decided to build The Ashok in New Delhi to host a UNESCO conference. For a prime minister focussed on India building with projects like the Bhakra-Nangal Dam, IITs and factories, "the hotel spoke of the gumption of the country at that time." Manavi Kapur traces the eventful journey of the hotel, which has now completed 60 years.
'By the time he came out after nearly five hours, he had a one-to-one conversation with the President, a delegation-level meeting, a reception, a dinner, a tour of the White House and a joint statement of a kind none of his predecessors ever had,' says Ambassador T P Sreenivasan.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
A glance back at some of the important ups and down Indian Inc faced in 2018.
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
Hers is a rags-to-riches story for the ages, peppered with risks, determination and strokes of luck.
India's banks are propping up too many weak producers.
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
'Unless we change and we see a change in the direction we are taking, times can only get worse.'
In a growth market, these funds should not form more than 10-15% of your portfolio. Invest with a horizon of at least 5 years
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
Sensex ends lower; govt schemes in focus.
Single window clearances for realty must.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Three businessmen disclose their success mantras: One belongs to an old Marwari family, another is a second generation industrialist whose father scripted an amazing rags-to-riches story and the third was a professional till one day he succumbed to the charms of entrepreneurship.
R K Studios is not just another piece of real estate; it is part of India's movie history.
Affaq Husain and his wife Saira built a Rs 100 crore empire preying on the most vulnerable people in society.
Sheela Bhatt meets Bharti Patel, a truly exceptional mother of our times whose son Dr Vikram Patel was recently ranked among Time magazine's 100 most influential people of 2015, to find out her recipe for a remarkable upbringing.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Few top honchos of India Inc did very well in 2014.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Besides a great idea, it takes pluck, and some luck, to get going.
Jyoti Punwani examines the relevance of the Sairat, the hit Marathi film everyone is talking about, in today's times.
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
