Where Shamshad Begum was charging Rs 900 for a song, Lata was prepared to settle for Rs 50 as she came on the scene. Raju Bharatan recalls yet another memorable incident from Lata Mangeshkar's incredible life.
In India, the anniversary of 26/11 comes and goes with only the bare minimum of remembrance. We don't even bother very much about honouring those who acted with great bravery that day, rues Vir Sanghvi.
Hospitality and travel-tech firm OYO is looking to launch its initial public offer after September and has written to stock market regulator Sebi, seeking to file updated and restated consolidated financial information. The company, which had filed preliminary papers with Sebi to raise Rs 8,430 crore through an initial share sale in October last year, is now prepared to settle for a lower valuation of around $7-8 billion against the $11 billion it was targeting initially, according to people in the know of the development. OYO's move to launch the IPO after the September quarter is mainly driven by the expectation of improvement in its financial performance and the current volatile nature of the market, they said.
Billionaire Mukesh Ambani-led Reliance Retail on Thursday said it has acquired sole control of 25-year-old search and discovery firm Just Dial. The firm's subsidiary Reliance Retail Ventures Ltd had in July announced a deal to buy a controlling stake in Just Dial for Rs 3,497 crore. Further to that announcement, "RRVL has now taken sole control of Just Dial Ltd in accordance with the SEBI Takeover Regulations with effect from September 1, 2021."
The Indian economy remains on track to regain its position as the world's fastest-growing major economy after official estimates on Friday put the expansion at a tempered 9.2 per cent this fiscal amid concerns over the impact of a resurgent virus on the fragile recovery. The growth in the gross domestic product (GDP) of 9.2 per cent in April 2021 to March 2022 fiscal (FY 2021-22) given by the National Statistical Office (NSO) in its first advance estimate compares with 9.5 per cent expansion forecast by the Reserve Bank of India (RBI) last month. The economy had contracted by 7.3 per cent in the previous financial year.
There are several more innovative ways to eat fries.
Direct economic stimulus measures such as tax cuts for individuals and industry would have helped to prop up the Indian economy which was hit hard by the lockdowns across several states in India, say economists and corporate leaders. While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move the needle for the economy.
The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.
A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala.
Intimate getaways offered in the form of homestays by hotels are proving to be the flavour of this extraordinary and difficult time. Not far from cities, they offer a pleasant respite from homebound lives, says Pavan Lall.
Here's the complete list of which team bagged who, and for how much!
Steve Smith will be in quarantine for six days after which he can join his mates for practice sessions.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Naresh, who works at a bookstall and Raichand Singh, who owns a small hotel, at Carter Road in Bandra (suburban Mumbai), feel that post-budget the prices of essentials like cooking gas, petrol and hence vegetables is likely to move up.
The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report. The country's economy had contracted by 7.3 per cent in fiscal 2020-21. The agency said the outlook for the Indian economy on almost all counts in FY22 would look seemingly better than FY21 on account of the negative base effect.
Nearly 250 private liquor vends, licensed under now-withdrawn Excise Policy 2021-22, are running currently in the city.
A mere two-bedroom apartment - albeit quite spacious, covering 3,000 square (sq.) feet (ft) - will set you back 5.8 million. That's the asking price from the Indian-owned Hinduja Group, if you desire a nest in London Whitehall's iconic Old War Office (OWO). Its 1,100 rooms are now being converted into 85 residences and a first-ever hotel to be operated in Britain by Singapore's legendary Raffles Hotels chain. Gopichand Hinduja, co-chair of the conglomerate, said: "Every decision made on The OWO (as the building is fondly called) is underscored by our passion and respect for the heritage of the building and long-term commitment to London."
The restrictions imposed in March led to a sharp slump in demand from bulk consumers like hotels, restaurants, and roadside tea stalls, as they were forced to shut down. Sales of major milk products such as ice-cream, butter milk, and cheese, which usually spike during summer, also dropped.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The Indian Premier League 2022 Player Auction came to an abrupt halt after auctioneer Hugh Edmeades collapsed on stage.
The ex-president returned to Sri Lanka on a Singapore Airlines flight.
In a bid to ramp up anti-COVID-19 vaccination coverage in Maharashtra's Aurangabad district, authorities have ordered impounding of autorickshaws if their drivers are found to have not taken even a single jab.
Novak Djokovic is prepared to miss the French Open and Wimbledon if COVID-19 vaccination becomes mandatory at the Grand Slams but he is not against inoculation, the world number one tennis player said.
She came like a whirlwind to wipe out, in one stroke, practically all female singing competition, recalls Raju Bharatan.
Punjab Kings head coach Anil Kumble was extremely satisfied with the new players, including Liam Livingstone and Odean Smith, coming to his franchise during the IPL 2022 Player Auction, the dynamics of which were "very different and challenging".
Australian opener Ben McDermott and West Indies all-rounder Romario Shepherd are banking on their recent impressive performances to bag a maiden IPL deal, having gone unsold in the previous seasons of the lucrative T20 league.
India's economic growth slowed to 8.4 per cent in the second quarter of 2021-22, mainly due to waning low base effect, official data showed on Tuesday. The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy had contracted by 24.4 per cent in April-June last year.
The car was expected to have a price tag of Rs 10 lakh and launch was slated for this June.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Kyrgios out of Australian ATP Cup team as world ranking slips.
Just a few weeks ago, the Centre has come out with the long-awaited Motor Vehicle Aggregator Guidelines, which have drawn a dismayed response from the companies concerned.
With supporters not allowed to attend matches and even the numbers of media tightly limited, there will be no boost in business for local bars and restaurants.
Concessional rate of tax on dividends received by Indian companies from foreign subsidiaries will be done away with from April 1, a change that may hamper global expansion of Indian companies and compel some firms to move their headquarters out of India to geographies such as Singapore and Dubai. At present, dividends received by Indian companies from their foreign subsidiaries are subject to a concessional tax rate of 15 per cent under Section 115BBD of the Income Tax (I-T) Act. The provisions of this section shall not apply from assessment year 2023-24 onwards, according to the Finance Bill.
The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs.
While Birla did not specify the financial implications of the move, sources said the Lok Sabha Secretariat can annually save more than Rs 8 crore with the subsidy coming to an end.
Manoj Bajpayee confides in Rediff.com's Ronjita Kulkarni about his 'long journey filled with rejection, betrayal, misery, failures and disillusionment.'
Indian Hotels' ambitious bid to acquire Orient-Express Hotels (OEH) has disappointed the Street. However, this might be a knee-jerk reaction.
'I'm now living under threat, but life has to go on because as a soldier, you can't run away from it.'
'DDLJ gave my career a boost, and placed me on a pedestal.' Farida Jalal relives the DDLJ moments.
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