'ABCL was almost bankrupt, Amit's house was mortgaged...'
Audi's strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience, says Pavan Lall.
Under flak from the opposition for 'diverting' Covid vaccines to private hospitals to make a profit, the Punjab government on Friday asked them to return all stock meant for the 18-44 age group.
He dismissed as "hollow claim" Prime Minister Narendra "Modi's propaganda" that things have started looking up
Ukrainian President Volodymyr Zelenskyy on Wednesday invoked Pearl Harbor and 9/11 attacks in appeal to the United States Congress for help against Russia.
Union Finance Minister Nirmala Sitharaman on Friday said the Indian economy is on a sustained path of revival and cited rise in GST collections and direct taxes to support her assertion. She further said that the confidence in the Indian stock market is growing as retail and small investors are keenly investing money in the share market. She was addressing the media in New Delhi.
Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.
'For all of us at Amazon, it is 'Bharat first'.' 'We are keeping the Indian customer at the centre of what we are doing.'
After cyclone Hudhud wreaked havoc in Vizag, also called the 'city of destiny', citizens continued to scramble for essential commodities on third day on Tuesday with no signs of immediate restoration of electricity and communication while their sufferings being exacerbated by seemingly tardy response by agencies concerned.
In a comment loaded with sarcasm, Bharatiya Janata Party on Monday said former Prime Minister Manmohan Singh had wanted to do a lot of things during his tenure but "so many super PMs" had prevented him, triggering protests from Congress members.
AQ Khan, a controversial scientist known as the father of Pakistan's clandestine nuclear programme, passed away here on Sunday after a brief illness. He was 85.
Trade pundits and quick think piece experts can speculate all they like, but what works at the box-office is a mystery as always.
The actor had filed a complaint in 2016 alleging that someone impersonating him was e-mailing actress Kangana Ranaut from a bogus e-mail id.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
A man was caught with 94 iPhones attached to his body with cling film and sticky tape in China.
E-commerce platform Snapdeal is looking at filing its Draft Red Herring Prospectus (DRHP) in the next few weeks to launch an initial public offering in first half of next year, according to sources. Sources close to the development said the company is looking at a $250 million (around Rs 1,870 crore) IPO that could value Snapdeal at about $1.5-1.7 billion. Snapdeal is looking at filing the DRHP in December-January time frame, and launch the IPO in the first half of 2022 after the necessary approvals, they added. One of the sources said the founders will not be selling shares as part of the IPO, and major shareholders are also expected to hold onto their shares.
Only a few thousand chargers dot the Indian landscape, some in working condition, others not, with some held hostage to the power supply vagaries of local utilities, reports S Dinakar.
Russian forces have made minimal progress on land, sea or air in recent days and they continue to suffer heavy losses, the UK's ministry of defence said on Thursday.
"Democracy has been shamed by the manner in which the government passed death warrants against farmers in the form of two farm bills in Rajya Sabha," he tweeted.
Lalit Modi had gained in prominence and it was all evident from his high-flying lifestyle
'Post Independence, it is for the first time that people have Rs 500 in their pocket, but the family is sleeping without food.'
Sundays are generally quiet days for air travel, but this Sunday was a tad different. There was quite an excitement at Gate 28 of Mumbai airport's Terminal 1 as Akasa Air, India's newest airline, prepared to take to the skies on Day 1. With a new fuel-efficient Boeing 737 Max aircraft and soft cushioned seats equipped with USB ports, Akasa Air hopes to bring freshness to the flying experience.
'The SJM has requested the government to bring a change in the law which will ensure MSP as the floor price for all farmers below which nobody should buy anything from them.'
Deputy US Attorney General Jeffrey Rosen on Wednesday announced that three indictments have been unsealed in the matter that collectively charge five Chinese nationals with computer hacking and charge two Malaysian nationals with helping some of those hackers target victims and sell the fruits of their crime.
All households are entitled to get 12 cylinders of LPG or liquefied petroleum gas.
If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
At the BSE, 1,964 stocks declined and 871 advanced while 99 remained unchanged.
The President in his address to the joint sitting of Parliament unveiled the policies and priorities of the Bharatiya Janata Party-led National Democratic Alliance government which assumed power last month after elections to the 16th Lok Sabha.
Passengers can dial 139 giving confirmed ticket details to receive an OTP to claim refunds
On February 19, India's largest private low-fare airline IndiGo announced the resignation of one of the two founders, Rakesh Gangwal, from the airline's board and his intentions of offloading his stake in the airline over the next five years. The announcement came on a Friday, giving the stock markets the weekend to absorb the news but the markets registered a tepid response on Monday's opening. In contrast, in July 2019, when the fight between the two founders and erstwhile friends first became public, the markets reacted savagely. The IndiGo scrip at the time fell 19 per cent, wiping out millions of rupees of shareholder wealth before bouncing back. For readers who may be hazy on the details of the dispute, here is the context.
'The norm will be even less public accountability, even less transparency, tweets instead of press conferences, TV lectures rather than parliamentary debate, and greater political authoritarianism,' predicts Sunanda K Datta-Ray.
In his monthly Mann Ki Baat radio broadcast, Modi hailed the potential of India and said the basis of its strength is the country's farmers, artisans, weavers, engineers, small entrepreneurs, the MSME sector and people from many different professions."
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
It claimed doctors were being paid 'for referring medical tests'.
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
'It has taken us 15 years to get to where we are. It obviously doesn't happen overnight.'
'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.
He termed the Centre's decision to demonetise Rs 500 and Rs 1,000 notes as "surgical strike" on common man's "small savings" and not on "black marketeers".
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