However, till Monday evening he was still in prison as formalities for his release could not be completed.
The quarter also saw exits worth $1.9 billion across 37 deals, 59 per cent higher YoY. This was driven by one of India's largest PE-backed IPO exit, the $1-billion partial exit by Carlyle in the SBI Cards IPO.
The Bharatiya Janata Party has become less of a party with a difference and more an aggregate of leaders with their own individual ambitions and agendas, says Neerja Chowdhury
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According to sources, the company has identified smaller markets such as Peru, which do not contribute significantly to profits, where it might shut shop in the near term.
Officials said 387 passengers were aboard two flights from Toronto and Singapore on the day the country ended its strict COVID-19 restrictions for travellers.
Bihar Chief Minister Nitish Kumar seems intent on mending fences with estranged former colleagues as part of the spadework for posing a credible challenge to the Bharatiya Janata Party's national hegemony.
The BJP can't be sure if it should celebrate that the old rival is fading or worry that new ones are rising. Because the last thing the BJP wants to see is alternatives rising, if only to the Congress, observes Shekhar Gupta.
With the international markets facing uncertainty after Russia invaded Ukraine and Western nations retaliated with sanctions, Indian companies are putting their international fundraising plans on hold as they wait for the markets to recover. Bankers said apart from the geopolitical crisis, international rates are hardening in anticipation of interest rate hikes by the US Federal Reserve to control rising prices in the US. The Ukraine situation has implications for the market. In such a situation, international investors try to shift to safe haven assets by exiting from emerging markets.
India's boxer Amit Panghal (51kg) displayed his class as he reached his second consecutive Commonwealth Games final, while Nitu Ghanghas (48kg) also remained on course for a gold in her maiden appearance in Birmingham on Saturday.
Indian officials will focus on expanding the country's footprint in oil-rich Siberia when they meet their Russian counterparts at the four-day 7th Eastern Economic Forum beginning Monday in Vladivostok. The two sides will discuss the possibility of joint oil exploration in the area and cooperation in running offshore oil and gas fields Western companies are in the process of exiting, officials said in New Delhi. Pavan Kapoor, India's ambassador to Russia, will lead the official-level talks at the summit scheduled September 5-8.
Her deputy V K Singh is leaving for Saudi Arabia to oversee the evacuation process, she said in a statement in both Houses of Parliament.
If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.
At the 45th Annual General Meeting of Reliance Industries (RIL) in August, chairman and managing director (CMD) Mukesh Ambani described the company as an "unputdownable book" with never-ending chapters of success. "Reliance grew from strength to strength because we internalised the founder's mindset of purpose, philosophy and passion," he said. Wednesday marked the 90th birth anniversary of RIL founder Dhirubhai Ambani.
Private equity and venture capital investments more than halved to $3.6 billion in May 2021 when compared to the preceding April's $7.5 billion and a third lower than the year-ago period's $5.4 billion, a report said on Monday. However, on a year to date basis, the venture investments by these two categories of investors have doubled to $20 billion for the first five months of 2021, the report by industry lobby IVCA and consultancy firm EY said, stressing that investors continue to remain bullish. It can be noted that the country underwent the ravages of the second wave of the pandemic since April this year.
Although this may not be music to Raghuram Rajan and Viral Acharya's ears, the real reason in my estimation for their quitting is expatriate over-sensitivity, intolerance or arrogance, argues B S Raghavan, the distinguished civil servant.
Kodak has said it hopes to emerge from Chapter 11 in the third quarter of this year.
England underlined their domination in white ball cricket as they outclassed Pakistan by five wickets to win the T20 World Cup title on Sunday.
Ever since Nitish embarked on the slippery path of trying to unite the Opposition against the BJP, he has repeatedly rebutted suggestions that the exercise was aimed at bringing himself centre stage. The problem is: It is not enough if he says so. Others have to say so as well, especially Congress, observes Aditi Phadnis.
Germany's left-leaning, Social Democrats Party (SPD) won in the German federal election with over 25 per cent votes, but uncertainty remains over the next leader as results showed that the party won narrowly.
While the Gandhi siblings have had their way with Amarinder Singh's ouster, the future of the party under the temperamental Navjot Sidhu's leadership is uncertain, reports Sai Manish.
After a two-year lull, the deal pipeline in India's hospitality sector, which has witnessed a strong revival since the second wave of the pandemic receded, is running full. Family offices, high net-worth individuals (HNIs) and institutional investors are looking at the sector with renewed interest, according to investment and transaction advisory firms working on multiple deals. Most of them declined to divulge details of the deals for reasons of confidentiality. The cumulative debt of the tourism, hotels and restaurant sector rose 8.2 per cent year-on-year (YoY) to Rs 64,408 crore as of March 25, 2022 against Rs 59,519 crore on March 26, 2021, according to the Reserve Bank of India.
The triumph also took Germany to the top of FIH world rankings from the pre-tournament fourth place.
Political parties were bracing for the assembly election results on Thursday in the crucial state of Uttar Pradesh, Punjab and politically volatile Uttarakhand, Goa and Manipur, sending out feelers for possible post-poll tie-ups.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
CPPIB, which started investing in the country in 2009, has invested in Kotak Mahindra Bank, L&T Infrastructure Development Projects, online education firm Byju's, energy company ReNew Power, logistics firm Delhivery, among others.
The bureau hopes the updated images -- rendered using Adobe's Photoshop programme to show what the men might look like now -- will generate new leads and encourage anyone with information to contact the FBI directly or submit a tip online.
By removing Avinash Chander last week, the government has chosen to sacrifice the organisation's most potent symbol of success
'Eknath Shinde's credibility will not grow beyond Thane, Uddhav's credibility will rise across Maharashtra and perhaps in the rest of the country'
Political analysts say the Congress appears on the backfoot this time after one of its senior tribal leaders from the region joined the BJP, which has a stronghold in urban areas where civic bodies, leaders and the network required to win the election are firmly with the saffron party.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
The Supreme Court on Thursday allowed jailed activist Gautam Navlakha's request for house arrest, saying prima facie there is no reason to reject his medical report.
India will aim for their first podium finish in 48 years in the men's Hockey World Cup as they begin their campaign with a tricky match against Spain in Rourkela on Friday.
Amid a brewing political storm in Bihar, the opposition Rashtriya Janata Dal on Monday said it was ready to "embrace" Chief Minister Nitish Kumar and his Janata Dal-United if he broke ranks with the Bharatiya Janata Party.
Geeta Phogat bowed out of the London Olympics after being blanked 3-0 by Tetyana Lazareva of Ukraine in the repechage round two bout, in the 55kg freestyle category, at the ExCel Arena on Thursday.
Roger Federer said his 'lethargic' countrymen got what they deserved at the World Cup after they were beaten 1-0 by Sweden in the Round of 16.
"The man, Noor Mohammad Ajiz Mohammad, 30, was found staying in Nagpur since the last 10 years illegally. He was living in a rented place in Dighori area of the city. Acting on a tip-off, the police had started keeping a watch on his activities. He was finally nabbed and deported to Afghanistan on June 23," he said.
The ruling BJP is confident of bettering its 2017 performance, especially with the new UP party chief, Bhupendra Chaudhary, at the helm of affairs, reports Virendra Singh Rawat.
Infosys CEO Salil Parekh, has praised the company's founders for building an "incredible organisation", and exuded confidence that the firm which "has always been solid" will "continue with that stability." Parekh - who steered the firm to stability after a bitter spat between founders and then-management a few years back - believes that Infosys is "well positioned" to leverage tech-led growth opportunities over the next several years. Parekh took over at the helm in January 2018, after a standoff between board and founders, including NR Narayana Murthy, over issues such as governance, led to the exit of then-CEO Vishal Sikka.
A few years ago, when top officials of Indian state-run refiners went to Dubai to negotiate a crude oil supply contract, a senior official from state-owned Saudi Aramco told them, "We can negotiate on anything, but I am the last man standing for you. "Nobody can offer the range of crudes we do with certainty," an official who was part of the negotiating team recalls. Perhaps that explains why Saudi Arabia is less concerned about losing its place as India's premier oil supplier to an upstart like Russia, which emerged from nowhere to become India's biggest crude oil supplier in September and October.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
