Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.
Together with its share buyback worth Rs 16,000 crore completed in January this year, TCS shareholders will receive a record Rs 30,250 crore from their company in FY21.
For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.
Used intelligently, a credit card will get a smart buyer more value than what he pays for. Here's how you can push that plastic further
National Investigation Agency has issued sketches of two absconding accomplices of Pakistani terrorist Mohammad Naved Yakub, who was captured after the Udhampur attack, and announced a cash reward of Rs 5 lakh to anyone providing information leading to their arrest.
A terrorist holed up in a border village in Jammu and Kashmir's Kathua district was killed by security forces on Wednesday in a more than 15-hour operation during which his partner was also shot dead and a CRPF jawan lost his life, officials said.
Earlier, district police officers had claimed that two bike-borne assailants were involved in the incident.
Life came to full circle for the 35-year-old bespectacled chief of the banned Hizbul Mujahideen terror outfit as he was gunned down at the same village from where he had scripted his journey in militancy in 2012.
With over 80 million Unified Payments Interface (UPI) users, Amazon Pay, the payments business of e-commerce giant Amazon, has been growing at 40-50 per cent year-on-year (Y-o-Y), said Mahendra Nerurkar, chief executive officer (CEO) and vice-president (V-P), Amazon Pay India. "Leveraging just the micro peer-to-peer (P2P) transactions on UPI is not a business model. "While we have enabled those features, we do not chase monthly active users based on this.
While police is on the lookout for six people, including local BJP leader Dhirendra Pratap Singh, two have been arrested. Police have detained five others in the case. Besides the eight accused, the first information report also mentions 20-25 unnamed accused of which three people who were later identified as Munna Yadav, Raj Pratap Yadav and Rajan Tewari were arrested on Saturday, Additional SP Sanjay Yadav said.
Key suspect in the nurse Bhanwari Devi case, Sahiram Bishnoi, who was absconding since the Central Bureau of Investigation took over investigation in the matter, on Friday surrendered before the special court in Jodhpur.
Prime accused in the Jnaneswari Express train sabotage Asit Mahato, who was carrying a cash reward of Rs 1 lakh on his head, was arrested on Sunday from Gorneta village in West Midnapore district of West Bengal.
Vatsal Ramaiya draws wisdom from the Bhagvad Gita and correlates it to how you can build a decent corpus to achieve a peaceful retirement.
Taking a cue from the BCCI, Hockey India is set to organise a grand felicitation function for its yesteryear stars who will be paid a one-time benefit from the HI coffers for their contribution to the game.
The National Investigation Agency on Friday declared that three Hizbul Mujahideen terrorists hailing from Kishtwar district in Jammu and Kashmir were wanted in the Delhi high court blast case and announced a cash reward of Rs 10 lakh for any information on each of them that could lead to their arrest.
If you do not overspend, we advise you to get yourself a credit card. It will open up a whole new world of benefits.
At least nine separatist organisations supporting terror groups have their bases in Canada and despite multiple deportation requests Ottawa has taken no action against those involved in heinous crimes, including the killing of popular Punjabi singer Sidhu Moosewala, officials in New Delhi said on Tuesday.
'The conditions from now onwards will also be similar to what we get during the IPL so we want to cash in on that aggression'
We did not ask for exemption from trials, just asked for time to prepare: Wrestlers
Bharati Das, the Indian wife of Maninder Pal Singh Kohli, the prime accused in the Hannah Foster murder case, has refused to accept a British cash award of around Rs 4 lakh for providing information to help arrest him from Kalimpong.
Gogamedi, the chief of Rashtriya Rajput Karni Sena, was shot dead in Jaipur on Tuesday by unidentified bike-borne criminals.
The Bharatiya Janata Party on Tuesday accused Chief Minister Mamata Banerjee, who is Trinamool Congress's Bhabanipur bypoll candidate, of violating the model code of conduct (MCC) by participating in a programme where the West Bengal government announced a grant of Rs 50,000 to each Durga puja organising committee ahead of the state's biggest festival.
Sharif Hashmi was traveling with her husband Haseen Hashmi along with her four-month-old child in a Shramik Special train from Belgaum to Gorakhpur on May 31. Her baby was crying as she did not get milk at any previous station. She asked help from the constable, the statement said. Yadav immediately bought a packet of milk from a shop outside the Bhopal Railway Station, but the train started moving.
The Union home ministry has sought a report from Jammu and Kashmir government on circumstances leading to release from jail of hardline separatist leader Masarat Alam, who has over 15 cases pending against him.
An accused in the 2008 serial blasts in the national capital was on Monday arrested by the Anti-Terror Squad of the Uttar Pradesh Police from Azamgarh district, a senior officer said.
Debit card payments remained sluggish due to the surge in digital transactions after the pandemic, and the Unified Payments Interface (UPI) has emerged as the most popular mode of money transfer, particularly for small value transactions, according to RBI data. In July 2020, the total debit card spends stood at Rs 2.81 trillion, as compared to Rs 3.15 trillion in July 2023, reflecting a growth of 11.96 per cent. UPI spends have seen a whopping growth of 428 per cent, zooming from Rs 2.90 trillion to Rs 15.33 trillion during the same period, the data revealed.
They also slammed the "violent rhetoric" against India's Ambassador to the US Taranjit Singh Sandhu and said free speech does not mean a license to incite violence or vandalise property.
Higher dividend taxes, falling valuations make alternative shareholder payment attractive.
In a hurriedly called press conference in New Delhi at the CBI headquarters, agency's Deputy Director (Coordination) Neerja Gotru said the CBI will pay a cash reward of Rs one lakh to anyone who would give further clues to recover the weapons of offence and mobile phones of the deceased -- Aarushi and her domestic help Hemraj. "The investigation of this case will continue. The CBI will file its report under section 173 Criminal Procedure Code only on conclusion of the probe."
Let's take a look at the features of one particular offering which has generated quite a following in recent times -- 'cash-back' offers, which are often promotional schemes for limited periods that are run periodically by all the credit card companies.
India's participation in Olympics will be decided only by the general body of the Board of Control for Cricket in India, which in all likelihood won't change its present stance of not taking part as they don't want to follow the Olympic charter.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
The exhumations have shocked the people who are repeatedly venting their anger at the sites.
This latest credit card product is a double-edged sword. Beware before you get ensnared!
Former India seamer Venkatesh Prasad on Friday tendered his resignation from the post of chairman, junior national selection committee, less than a month after the country won the Under-19 World Cup.
When a strong executive decides it wants something, even something that is dangerous and unconstitutional, there is little resistance from within to stop it, notes Aakar Patel.
Gangster Udham Singh, who operated in Meerut and Baghpat districts and carried a cash reward of Rs 50,000 on his head, has also accused the Bahujan Samaj Party minister of framing him in false cases. Singh, against whom over 50 cases are pending including the killing of Siddharth Upadhaya, deputy general manager of Bajaj Sugar Mill in Meerut on April 11, had surrendered before a local court on May 2.
Special Task Force of UP Police gunned down Naushad Qureshi, hailing from Bihar and with a cash reward of Rs 20,000 on his head.
Weeks before Canada made an explosive allegation implicating Indian officials in the killing of Sikh separatist leader Hardeep Singh Nijjar, Canadian officials sought public condemnation of the murder from their allies, including the United States, but were met with reluctance, The Washington Post reported.
