India, who are 0-1 down in the three-match series, would surely like to change the record to keep themselves afloat in the series.
Amid an existential crisis facing the firm over Rs 50,000 crore unpaid dues towards the government, billionaire Kumar Mangalam Birla on Wednesday stepped down as the chairman of Vodafone Idea Ltd. Birla -- who had in June offered to give away his holding in the joint venture with Britain's Vodafone to the government -- will cease to be a director and non-executive chairman of the company at the end of business hours on Wednesday, VIL said in a filing to the stock exchanges. It did not give any reason for Birla's decision. He will be replaced by Himanshu Kapania (who was earlier managing director and CEO of Birla's Idea Cellular) as the new chairman of Vodafone Idea Ltd.
'We expect the bull run to continue until economic growth continues.'
Images from the T20 World Cup Super 12s match between Afghanistan and Pakistan, in Dubai, on Friday.
There is nothing to suggest that the DMK stands to gain from the AIADMK split nor is there anything indicative of an extraordinary advantage for the BJP, independently or in the company of the AIADMK, explains N Sathiya Moorthy.
The Kerala youngster delighted once again with his magical batting at the Sharjah Cricket Stadium.
England resumed the day on 98 for two having lost their openers cheaply for the third time in as many innings this series.
Send us your most interesting monsoon pictures and videos.
With their eight-match unbeaten run at home coming to a halt against Mumbai Indians, Chennai Super Kings will hope for an improved show by their bowlers to stay alive in the tournament when they take on Cape Cobras in a Champions League Twenty20 match, in Chennai, on Wednesday.
How Shibani Bhagat plans to rewrite the rules of the Indian sneaker business.
American has had only one black president so far. And only one on-screen black superhero as well. Subhash K Jha salutes Chadwick Boseman, who passed into the ages on Friday.
The Department of Telecommunications (DoT) has initiated discussions with banks to address financial stress in the telecom sector, particularly Vodafone Idea Ltd (VIL) that urgently requires fund infusion to stay afloat. There was a meeting of DOT officials and senior bankers on Friday on the issue of Vodafone, sources said, adding that banks have been asked to look for a solution within the prudential guidelines. According to sources, senior officials from the country's biggest lenders State Bank of India and Bank of Baroda were also present among others in the meeting. More such meetings are expected to take place in the coming days, they said.
'I think they need to have a good look at how they're playing.'
Rediff reader Nalini Jagnat Kudalkar from Thane, Mumbai tells us how she coped with life after being laid off.
'Her inspiring teachings have helped me tackle the worst of situations and kept me afloat and smiling.'
As long as Varun gives us one such performance every 2-3 years we forgive him all the excesses of Coolie No 1 and Judwaa, says Subhash K Jha.
Unlike any other national asset, which is typically sold to the highest bidder, the profile of the bidder is the most important criterion for a licence to bank, and even for acquiring more than 5 per cent stake, explains Tamal Bandyopadhyay.
Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.
Amid continuing uncertainty over the fate of the national carrier, an official said there is also need for funds to restart operations of 12 grounded narrow-body planes.
Under pressure Indian women's hockey team produced a spirited performance to come back from a goal down and hold higher-ranked USA to a 1-1 draw in their last Pool B match and progress to the knock-out stages of the World Cup, in London, on Sunday.
Still very much in the play-offs race after registering their fourth victory on the trot, Kings XI Punjab skipper K L Rahul said his side has at last made winning a habit after a slow start in the ongoing Indian Premier League.
'We only really make money from England, and I think India. We break even with Pakistan and Australia, and all the rest of the series we play are losses'
IT spending in India is projected to rise 6 per cent to $81.9 billion in 2021 compared to this year on the back of growth across segments like enterprise software and IT services, research firm Gartner said on Monday. IT spending in 2020 is expected to total $79.3 billion, down 8.4 per cent from 2019. "The COVID-19 pandemic stalled many digital transformation projects for Indian enterprises, mainly because of the market uncertainties and reduced cash flows," Gartner research vice president Arup Roy said.
'If the Congress wants to keep the ship afloat, it will have to bury the differences.'
'There is still scope for selective stockpicking.'
'In the process, I hope that our Earth will be able to heal some more.'
Janhvi, Sara workout together... Ayushmann celebrates nine years of Vicky Donor...
Atletico Madrid have taken the decision to cut the wages of their staff, including the players, to ease the financial burden on the club as they struggle with the economic impact of the coronavirus pandemic, the La Liga club said
News of all that transpired on and off the football field.
Aseem Chhabra brings you the Best of the Berlinale.
'I saw an opportunity to provide people with employment, enabling them to sustain themselves and, in the process, help alleviate society's suffering.'
India captured four wickets to reduce South Africa 'A' to 179 for 9, who go into day four with a paltry lead of 40 runs in the second innings.
Royal Challengers Bangalore captain Virat Kohli dedicated his side's much-needed victory over Mumbai Indians in Tuesday's IPL match in Bengaluru to his actress wife Anushka Sharma, who was celebrating her 30th birthday.
The other board members will be Sunil Mehta, former non-executive chairman of Punjab National Bank, as the non executive chairman of Yes Bank, Mahesh Krishnamurthy and Atul Bheda as non-executive directors.
The survey, however, said that GDP is expected to revert to growth terrain next year, when it is likely to grow by 7.2 per cent.
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
The watchdog would also endeavour to do its best to help the company revive its operations within the set regulatory framework.
The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
The navy had so far maintained that there were 273 persons on board the barge but an official on Wednesday evening said that the company which operated it has informed that there were 261 personnel on board the ill-fated barge.
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