In an interview with Sanjay Jog, REC chairman and managing director P V Ramesh talks of the growth strategy and the company's plan to ride the transformation wave in the power sector.
'We forecast real GDP growth to moderate to 6.7 per cent in the year ending March 2018.' 'However, as disruption fades, we expect to see a rebound in real GDP growth to 7.5 per cent in the next fiscal year.'
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
Political scientist Vinay Sitapati explores the role played by the then Prime Minister P V Narasimha Rao in steering the reforms through in his new book Half Lion.
AC Milan surged into third place in Serie A with a 3-1 win at Chievo Verona on Sunday but their great city rivals Inter Milan were left in turmoil as their captain Mauro Icardi again came under fire from his own fans in the 2-1 defeat by Cagliari.
Brand ambassadors and their lackeys are busy opposing the idea of being held accountable, even though they are ready to take all the money, says Sunita Narain.
Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.
Captain and star striker Jann-Fiete Arp (7th and 65th) struck twice while Yann Bisseck (39th) and John Yeboah (49th) scored a goal each to help Germany reach the quarters.
'The Indian state is very benevolent when it comes to corporates,' says Tom Thomas, chief executive officer of Praxis, and convenor of CRW India.
The path to the Olympics is paved with potholes for many athletes but few can claim to have overcome hardship like wrestler Vinod Kumar, who was thrown from a speeding train by a rival's family in India before landing on his feet in Australia.
'I was trying to play every match like it was my last one. Trying to play best all the time' 'For me it is easy to practise and stay in this life but sometimes it is hard to compete'
Chelsea found no chink in Everton's defensive armour as the Premier League champions were held to a frustrating 0-0 draw at Goodison Park on Saturday.
Ola's cash reserves are starting to run dry. The company was in talks to raise $1 billion in funding by the end of July, but no announcement has been made as yet
Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.
One of the 16 fishermen who have been released from an Iranian jail speaks to A Ganesh Nadar about his ordeal.
Amidst fear of layoffs across many IT companies, Saurabh Govil, bottom left, head of Wipro's Human resources, explains who are the affected lot and why it is essential to re-skill for employees in this sector.
'Focus on companies with healthy balance sheets and return ratios.'
We tried our best to recover money from Vijay Mallya: Arundhati Bhattacharya
Adam Bain, the company's president and head of revenue, has emerged as an early favorite.
Enthused by India's financial inclusion drive, US-based Accion, one of the biggest micro finance organisations in the world, has renewed its focus in India. Michael Schlein, bottom, left, chief executive officer of Accicon, tells Namrata Acharya in an email interview the Wall Street and Silicon Valley are eager to participate in opportunities presented by the issuance of the small finance and payment bank licences, the expanded banking correspondent opportunities, and the Jan-Dhan Yojna.
Pradip Baijal, former chairman of Telecom Regulatory Authority of India (Trai), spoke to Nivedita Mookerji on what made him write the book, former Prime Minister Manmohan Singh telling him to cooperate with then telecom minister Dayanidhi Maran, being hounded and harassed during the UPA years, questioning by the Central Bureau of Investigation, and more.
News of all that's transpired on and off the football field
'Earnings revival could be two quarters away.'
Indian-origin Dr Vivek H Murthy expresses his reservations on marijuana, now legalised in two US states
'In terms of growth rate, India is better than China.'
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
'Sharapova has been a US resident since early in her career, which does bring in a question of how or why she is using a drug that is not licensed there'
'Jaitley should get the GST and multi- brand retail bills passed to achieve 9%+ growth.'
If Jatin Singh is right in the long run and his morphed business can help reduce farmer distress, Skymet will provide a service of far more value from where it began
'Progress demands regular senior-level attention from American leaders.' 'A leaders' summit is great, but we need sustained engagement to continue to forge new agreements and find new areas of cooperation.'
'Rahul has done nothing for us. Rajiv Gandhi was different. He was a great man.' In Amethi, each person knows at least five people who have spoken to him, sipped chai with him. It's a connect the Gandhis hope people won't forget when Amethi goes to the polls on May 7.
'I am not optimistic about the global economy for the next couple of years.'
Budget has several small steps which will boost growth
'I believe having the right attitude, working hard for what you want and taking no for an answer gets you over any hurdles that are on the path to success.'
Dharmendra Pradhan lays bare the next course of action for his ministry and says RIL will have to pay the same price at which it produced the volumes.
Senior Executive Director & Co Head (Strategy) of Kotak Institutional Equities Sanjiv Prasad tells Prasanna D Zore/Rediff.com that even if there are a number of challenges facing the Indian equity markets, there are certain sectors that offer a ray of hope.
'There are two pre-conditions for big reforms. One, a sense of crisis and second, fairly concentrated levers of power.' 'India is growing at 7.5 per cent or something close to that.' 'Our levers of power are decentralised, not just between the Centre and states. Power is dispersed and there is no sense of crisis.'
'Workers and employers should be ready for a change demanded by the new dynamism of the economy'
'Karna is the greatest warrior in the Mahabharata -- in fact, Arjuna is a nobody in front of Karna.' 'But Arjuna had a better advisor in Krishna than Karna.' 'Karna failed because he listened to the wrong advice given by Salya.' 'It just shows wrong advisors can land even the mighty in trouble.'
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