Corporate America does not believe that the United States-India relationship has been oversold, but that it's certainly over-hyped. However, it is more concerned over New Delhi's recent actions such as retroactive taxes and predicts all of this will lead to foreign direct investment drying up at a time when India needs it more than ever.
The announcement comes a day after the Subject Expert Committee (SEC) on COVID-19 of the CDSCO recommended granting emergency use authorisation (EUA) to the COVID-19 vaccines Covovax and Corbevax with certain conditions.
Bharat Ram, Chairman Emeritus of DCM Ltd, will be remembered as a leader who successfully forged partnerships between private sector and the government besides bringing international recognition to Indian business.
A large part of the work that CEO Sumit Gupta does is focused on educating users and the larger community about investing in cryptocurrencies, reports Neha Alawadhi.
Finance Minister P Chidambaram, back in the United States for the second time in less than three months, kicked off a series of meetings with American corporate heavyweights, making a pitch for American investment in India, even as the rupee continued to plummet.
Taimur Ali Khan will follow the family tradition of the Pataudi children attending boarding school in England.
At a time when merger and acquisition (M&A) activity is still recovering, companies are finding solace in private equity (PE) funds for acquisitions. And, PE funds seem keen to participate in such deals.
There is "dictatorship" in India now with politicians not being allowed to visit Uttar Pradesh to meet the families of the victims of the Lakhimpur Kheri incident, Rahul said.
NCW data show a noticeable rise in sexual harassment at the workplace.
The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.
Pressure on credit quality of Indian corporates is on the rise suggesting a decline in creditworthiness, a study by rating agency Crisil has revealed.
Sodium can cause water retention resulting in inflammation and damage of the blood vessels, Dr Manoj Kutteri.
Corporate India is on the path to recovery after having been pummelled around in the global recessionary storm, with companies showing optimism on hiring and salary increases, says a joint Mercer-CII survey.
The car was expected to have a price tag of Rs 10 lakh and launch was slated for this June.
Gandhi said it was his responsibility to tell the truth and it is for the people to listen or not to listen.
Providing job quotas for the socially underprivileged in private sector should be voluntary and the industry should not be forced to implement reservation, captains of Indian industry said on Tuesday.
Narendra Modi's diplomacy and persuasive prowess has ensured long-term investments from China and Japan.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Declining GDP growth, persistently high consumer inflation, poor public finances and worsening macro-economic indicators. In such a scenario, should Indian companies chase growth or consolidate their market position?
'What he has done has really been to give his time to go outside India, to reach out to governments, important countries, to meet world leaders. And I am sure when he is meeting them, he is not only presenting a Tata group message, he is presenting an India message. Therefore, he has become a kind of quasi-ambassador for us which is, of course, why the government values and respects him so much as well.' Top corporate lawyer Zia Mody assesses Ratan Tata's legacy.
However, the number of transactions declined to 76 in January-March this year from 110 in the year-ago quarter.
Boost to dairy sector will generate jobs
With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic.
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
Usain Bolt sprinted through thin air and sipped champagne floating on his back as he enjoyed near zero-gravity conditions in the back of an aircraft performing stomach-lurching parabola dives.
The Indian industry on Tuesday expressed overwhelming concern at the way the stock market had negated all negatives and scaled an all-time high and felt that the Sensex needed a healthy correction.
Disappointed for not being given the Day One slot, leading corporates are giving a hard time to candidates at the IITs. While many skipped the process, others chose to reduce hiring.
A string of acquisitions abroad by Indian companies, which have spent over $10 billion to buy foreign firms this year, is not a one-off thing and may continue for years to come complemented by a healthy economic growth at home.
Adani Airports is planning to centre its airport business around Mumbai and Ahmedabad by developing them as gateway airports, feeding them with traffic from other airports in the company's portfolio. The Ahmedabad-based conglomerate - with investments in logistics, transportation, utilities and energy - intends to spend Rs 35,000 crore in the airport business in the next five years. This forms the bulk of the conglomerate's total capex of Rs 50,000 crore. According to a presentation given by the company in an investor call with Bank of America, gateway airports of Mumbai and Ahmedabad will be connected with the feeder airports of Lucknow, Guwahati, Trivandrum, Jaipur and Mangalore.
A longer shelf life is critical, given many makers have started manufacturing vaccines and stockpiling them, so as to make them available in the market immediately after approval, reports Sohini Das.
Dear readers, do you agree with Meghna Pant that ovaries don't have an expiration date?
A Twitter spokesperson on Tuesday said the company continues to make every effort to comply with the new guidelines, and is keeping the IT Ministry apprised of progress at every step of the process.
'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'
For now, the concerns over bad loans have taken a back seat; a bigger challenge for the banking community is credit growth, explains Tamal Bandyopadhyay.
A local civil court in Hyderabad has issued an interim stay restraining Netflix from airing its web series Bad Boy Billionaires-India on a petition filed by B Ramalinga Raju who was convicted in the multi-crore accounting scandal of Satyam Computer Services Limited. The XXV Additional Chief Judge B Prathima, while issuing notices to Netflix Inc in USA, Netflix Entertainment Services India LLP and the nodal officer, department of electronics and information technology, posted the matter for further hearing on November 18 when the plea came up on Tuesday.
For exporters, there will be lower realisations because of rupee appreciation, the report added. Crisil's modified credit ratio for FY 2008 was at 0.97 times, that is, downgrades outnumbered the upgrades during the year. However, credit quality pressures does not automatically mean more defaults.
According to retail-intelligence firm StellaService, customers who buy a product from Apple's online store can get a refund in under a week, versus 10 days previously.
Under mounting pressure from sponsors and Native American rights groups, Washington Redskins owner Dan Snyder said on Friday he would consider changing the name of the National Football League team whose roots date back to the 1930s. Snyder, who has previously stated he would not change the name, softened his stance a day after FedEx Corp, which owns the naming rights to the team's Landover, Maryland, stadium, called for the NFL club to be rebranded.
Industry says legislation will increase cost and timeframe for setting up new enterprises.
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