The Royal Enfield Himalayan might boost the motorcycle touring culture in India with its off-road prowess and affordable cost, says Indian automobile website MotorBeam.
DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company.
Bharti Airtel Ltd, India's top telecommunications carrier, said on Friday it had bought out Qualcomm Inc's stake from a fourth-generation (4G) broadband joint venture in the country, taking full ownership of the business more than a year earlier than planned.
The airports chosen for operation, management and development through a public-private partnership model are those in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
Since the Pulwama terror attack the international community has stood by India, the MEA spokesperson said.
The finance ministry is resisting pressure from other departments to cap foreign ownership of domestic drugmakers, fearing such a move would discourage potential investors, a senior ministry source said.
The real estate buzz is so loud that you could not have missed it. Go ahead and buy if it's your first house. But Wait, if investment is your purpose.
Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.
'Petrol cars, which constitute the majority, do not contribute to the 2.5 PM emissions as petrol used in the country is of higher quality.'
Developers will now be able to get their land classified as an SEZ at the initial stage of approval by submitting legal documents that prove land ownership. With exports falling sharply in the last six months, faster development of SEZs is seen as one way of increasing overseas sales of Indian goods and services, an official said.
'People are getting admitted to hospital two to three days before their death in a very serious respiratory compromise state and they are passing away within 48 hours.' 'Those who are coming early in the disease, the minute they are suspicious that they have COVID-19, the recovery rate has been much, much, higher.' 'The moral of the story is: We must destigmatise COVID-19.' 'People should be told: 'Look, if you have anything like this, please come immediately'.'
Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
Uber CEO Dara Khosrowshahi says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand.
'India in 2020 is a lot better prepared than in 1962.' 'It is no longer a pushover; and anything other than a crushing Chinese military victory will be a major loss of face for China,' observes Rajeev Srinivasan in the first of a three part column.
It is time to shrug off the ideological shackles about the way we work, play and live, says Ajit Balakrishnan.
'What is true khadoos? Stubborn? Dogged? Unyielding? Relentless? Or something in between that? Or all of it together?' 'Just like you can't translate it, you can't teach a kid to be khadoos either. You can only inculcate that attitude in him by sharing stories of all the khadoos-ness of past stalwarts.' 'For instance, the story of Sunil Gavaskar batting left handed to counter the left-arm spin of Raghuram Bhat and salvaging a draw in the 1981-1982 Ranji Trophy semi-finals...' Rahul Dravid on Cricket's Great Oral Tradition.
The admission comes as it seeks to ensure approval of the deal by Indian regulators under restrictive foreign investment laws.
The Congress, however, dismissed it saying that the BJP was levelling baseless charges as it sensed imminent defeat in the Bihar assembly elections.
However, this was subject to conditions like substantial ownership and effective control of the airline being vested in Indian nationals.
The cricket icon is a co-owner of the Chennai franchise, one of the new teams added to the sport league
Hyundai, which is also toeing Maruti's lines, said special schemes are offered to engage the cab aggregators, including annual-maintenance-contract packages and extended warranty.
Millions of Indian children lack access to online education as they do not have smartphones, computers or an Internet connection.
India has a unique window of opportunity to effectuate long-lasting structural change in its banking sector, says Riju Agrawal.
Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.
What sets 2018 apart from previous years is the magnitude of the shocks that hit our brand ecosystem, says Bharat Bambawale.
Toughening his stand against migrants, specially north Indians, Maharashtra Navnirman Sena chief Raj Thackeray on Thursday indicated that his party would launch more intense agitation on the issue.
'Let us see the tricolour flutter and soar as we park our vehicles, as we play cricket in the gullies, as we surf the Internet, as we enter our places of worship,' says Ankita Athawale.
Data localisation, an overarching theme across recent government policy proposals, has been a thorny issue with industry
According to the US-based Financial Markets International, India's ban on foreign funds into commodity futures market is these days benefiting the Chinese commodity markets. It pointed out that the cumulative effect of foreign investment is undeniably positive. "Limiting foreign investment in India's commodity futures exchanges would deny a key impetus to a rapidly growing sector of the Indian economy," the report said.
During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.
India's income tax department today said it would scrutinise more than a dozen cases of offshore mergers and acquisitions in which the deal results in an ultimate change of ownership of Indian firms. The latest move by the tax department comes in the background of a favourable ruling from the Bombay High Court yesterday in a case filed by Vodafone International Holding BV.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
French observers point out that Paris had no choice but to issue a denial given the importance of India's Rafale purchase for France's aerospace industry.
Indian auto major Mahindra & Mahindra has set up a joint venture with American manufacturer Navistar International to produce and market light, medium and heavy commercial vehicles for Indian and export markets.\n\n
Real estate major DLF, Mukesh Ambani-promoted Reliance Industries, cinema production and distribution company Eros International, Reliance Anil Dhirubhai Ambani Group and Videocon Industries are believed to be readying to bid for team ownership rights in the Indian Premier League.
'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
An Indian consumer pressure group has warned that a proposed deal between Bharti, the country's largest mobile operator, and South Africa's MTN could breach the country's foreign ownership rules.
The case pertains to allegations that Lalu Prasad, as railway minister, handed over the maintenance of two hotels run by the IRCTC, a subsidiary of the Indian Railways, in Ranchi and Puri to Sujata Hotels, a company owned by Vinay and Vijay Kochhar, in return for a prime plot of three acres in Patna through a benami company.
RJD leaders attacked PM Modi and CM Nitish Kumar, alleging that it was a malicious exercise.
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