The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.
India lost its competitive advantage as China gave fiscal benefits to its local manufacturers. Besides, recent policy flip-flops have, however, dented India's image as the 'pharmacy of the world'.
Watch Bollywood actors, director as they enter the Jab Tak Hai Jaan premiere.
Distorting facts in relation to politics and religion and appeasing extremist ideology has grave long term implications for India's security, feels C Uday Bhaskar.
In a major embarrassment to the Rashtriya Janata Dal, its no-confidence motion in the Bihar assembly against the Nitish Kumar government was on Thursday rejected by Speaker Uday Narayan Chaudhary due to the lack of required strength of supporting members. Soon after the Question Hour, RJD Member of Legislative Assembly Durga Prasad Singh and six other party members submitted a no-confidence motion against the government to the Speaker.
At 17 and 20 respectively, Satwik and Chirag form a formidable pair that has proved its mettle in international badminton, often punching above their weight, only to fall short of podium finishes.
It was a riot of colours as three young designers showed on the final day of Lakme Fashion Week.
Ace designer Vikram Phadnis ended Day Four at Lakme Fashion Week Summer/Resort 2013 with a superb collection, a celebrity line up of stars, celebs and personalities from Raigad that told the glorious story of India's great craftsmen and traditions.
The Ishaqzaade star opened the show for the talented Masaba Gupta's show on Day One of the Lakme Fashion Week.
The Attri and Reddy duo made light-weight of their opponent
'Anyone can string together a few alliterative words, but are they a substitute for serious thought?' 'And do they make for a strategy or plan for coherent action?' asks T N Ninan.
The Rs 19,100 crore 'Indian film industry' is more than its monikers for three simple reasons, feels Vanita Kohli-Khandekar.
'Post Kargil, the effete Indian response to the complex national security challenges was a matter of deep anguish and muted anger. B Raman felt very strongly about the need to create a more informed national security community in India,' remembers C Uday Bhaskar.
Here are glimpses from Tarun Tahiliani's off site show for Lakme Fashion Week Summer/ Resort 2013.
The Pakistani actress is VERY keen to work with Bollywood's top stars.
Interview with Uday Kotak, executive vice-chairman & MD, Kotak Mahindra Bank.
India among developing nations is far ahead in becoming a service economy, says Uday Karmarkar.
There will be total of 51 seats going to polls spread across 7 states in the fifth phase.
As the government has adopted ascending e-auction for radio waves, there is a danger that players might end up overbidding.
It was Dev Anand's dream to put Indian cinema on the world map and he thought Guide was the perfect film for it.
Private lender Kotak Mahindra Bank Ltd said on Thursday its board had approved the acquisition of local rival ING Vysya Bank Ltd, in which Dutch lender ING Groep NV owns about 43 per cent, in an all-stock deal.
In the second major change in a year, Trai had capped individual channel subscription at Rs 12 per month, down from the earlier Rs 19, and capped channel bundle discount to 33 per cent, among other moves.
Do you like Vidya Balan's saree or would you vote for Jacqueline's hot skirts? Take our style poll and let us know
Our photographer had a blast capturing these ravishing lovelies as they attended Lakme Fashion Week Summer/ Resort 2013 in Mumbai. Enjoy!
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
The newly elected Legislative Assembly in Himachal Pradesh has seen a decline in the number of members who are facing criminal cases. Of the 68 newly elected MLAs, 14 MLAs or 21 per cent have declared criminal cases against them. In the 2007 assembly elections, 26 MLAs or 39 per cent of the MLAs had declared criminal cases against themselves as per the analysis of the Association for Democratic Reforms.
Eminent banker Uday Kotak has said that Indian banks face some 'real' risks from their disproportionate exposure to a few large companies, particularly in sensitive sectors like infrastructure.
Metropolitan Magistrate Sudhanshu Kaushik extended the police custody of Bhupender Singh, Uday Raj Singh, Rajpal Singh, Anand Singh Bisht and Mathura Singh Mehra till November 28 on police plea that the five have to be confronted with Sukhdev Singh Namdhari, who is also in police custody for his alleged role in the November 17 shootout.
Liquor baron Ponty Chadha's four guards, who were arrested for allegedly entering a disputed farmhouse in south Delhi and thrashing some men there, were on Tuesday remanded to five days of police custody by a Delhi court.
The bowlers' impressive display on the first day, followed by Uday Kaul's century, proved decisive as Punjab earned three points from their Group A Ranji Trophy match against Railways, in Bhubaneshwar, on Tuesday.
Thayil's Narcopolis was part of a shortlist of six works which included Jamil Ahmed's The Wandering Falcon, Tahmima Anam's The Good Muslim, Amitava Ghosh's River of Smoke, Mohammed Hanif's Our Lady of Alice Bhatti, Uday Prakash's The Walls of Delhi (translated into English by Jason Grunebaum).
The Aatma star turned up the heat as a showstopper for Shantanu and Nikhil's show.
There has been talk in the I&B ministry on allowing analogue signals in a few cities, like in Kolkata and Chennai in the first phase, even after March 31.
A look at some of our favourites nerds of Bollywood.
Reader Munish Sethi sends us a picture.
Tennis star Leander Paes's disastrous acting debut reminds of similar duds that Bollywood has seen over the years.
Reader Munish Sethi has sent us a photograph.
Designer Uday Kuckian on why BCCI chief N Srinivasan should feel inspired to present his own version of Chennai Express
Aseem Chhabra lists his favourite Indian films of 2021.