'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
The promoters of East India Hotels Ltd, owners of the Oberoi brand and the largest hotel chain after the Tata-owned Indian Hotels and ITC Welcome Group, are in advanced discussions with leading corporate houses and private equity firms to divest a strategic stake, possibly 26 per cent.
ONGC was the top performer while private banking major ICICI Bank extended gains
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
TCS was recognised as a leader in all the categories, namely overall, efficiency, consulting, transformation and digital focus
'If you look at this Budget, except for the Rs 2 increase in petrol and diesel, there is no positive or negative impact from the Budget for the common man.'
Sonia Gandhi, chief of India's key ruling alliance member Congress party, and Ratan Tata, who heads one of the country's top business houses, have been named in a list of 100 most influential in the world by Time magazine. The list also includes international figures like Tibetan leader Dalai Lama, US President George Bush as well as three presidential aspirants Hillary Clinton, Barack Obama and John McCain, former British Prime Minister Tony Blair.
T Thomas, former chairman of Hindustan Unilever, passed away March 2.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
With clients increasingly looking at cost optimisation by passing on the risks to the IT vendors and IT services players demanding longer tenure deals to hedge their risks, a mix of these two factors are giving rise to large deals coming up in the market with a lot of strings attached.
HR can make better hiring decisions with solutions powered by robotics & machine learning.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
'In India, most funds have one or at most two platforms, but we are the only one which has four -- growth equity practice, real estate practice, a special situation and credit platform, and infrastructure.'
The store is spread across 51,300 sq feet area at Hutatma Chowk Square.
It was only an exterior launch, not the actual car, but what he saw left Rediff.com's Rajesh Karkera hugely impressed.
The real estate sector is set to enter a progressive phase in 2015.
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
The NSE Nifty also moved up by 12 points to 8,648.35.
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
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