Experts say a lot of new wealth is being generated by promoters selling their stake.
Mumbai is the most hard working city in the world. Mumbaikars work for an average of 3,315 hours annually. In comparison, a full-time employee in Beijing works for an average of 2,096 hours a year, says Shyamal Majumdar.
At least half a dozen are in the works with increasing brand awareness and growing purchasing power in upper classes.
The long-delayed and much-awaited $2.3 billion aircraft carrier INS Vikramaditya was on Saturday inducted into the Indian Navy in Severodvinsk, Russia, in a strategic boost to India's maritime warfare capabilities.
'Lending to Mr Mallya was the bankers' season ticket to corridors of power and glamour. Borrowing from them was like a favour Mallya did to them,' says Shekhar Gupta.
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
India is Asia's third-best performing equity market.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Experts believe volatility is here to stay for some time, at least till China stabilises and clarity regarding the US Fed's interest rate move emerges.
Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".
Switzerland remains the 'biggest private banking financial centres for cross border wealth management' with assets worth over CHF 2.11 trillion ($2.2 trillion), as per the study conducted by the Swiss Bankers Association and the Boston Consulting Group.
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
Annualised staff attrition rate at Infosys rose to a record 20.1 per cent in the September quarter.
Analysts have started talking about at least a 25 bps cut immediately.
The company will wait for sizeable user base for better valuation.
Deal to bolster firm's position in healthcare IT.
Of all the other cities in India, Bangalore is one city, where you can actually walk around and take in the crowd and confusion, says Sumit Ganguli.
