UTI Venture Funds, part of India's largest mutual fund, plans to nearly double investments in 2003 to around $20-$25 million, with a special focus on the fast growing back-office services and life sciences sectors.
Only five sectors such as consumer internet companies, professional services, life sciences, automotive and consumer products are projecting double-digit increment.
'I have saved your name on my phone, but I cannot read or pronounce it.' 'I am able to recognise my wife's name today because after seeing it for so long, it has been imprinted in my mind as a picture and not the letters.'
The narrative is faithful to the source, American Prometheus, but what makes it absolutely spell-binding is Christopher Nolan's technique, notes Shreekant Sambrani.
Matrix Laboratories Ltd is to set up two joint venture companies, one each in India and Ireland, at a total cost of euro 3.9 million for the development of finished dosage of formulation dossiers.
US Vice President Kamala Harris said India's history and teachings have influenced and shaped the world, asserting the country has inspired millions of people through its philosophy.
Hiring for management professionals with greater than 16 years of experience witnessed a spike of 66% compared to last year.
'Sex is such a healthy thing that your first encounter with it should be good, otherwise it scars you for life, it disturbs you for life.'
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
A two-judge bench of the Supreme Court on Wednesday pronounced a split verdict on the Centre's plea for recall of its October 9 order granting permission to a married woman, a mother of two, to terminate her 26-week pregnancy, with one judge voicing her disinclination to allow abortion and the other asserting that the woman's decision "must be respected".
'Essentially there are three things the government should be doing: Identify who you are going to get your vaccine from, figure out how you are going to pay for it, and figure out how you're going to deliver it and to whom.'
'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.
Many companies globally are working on plasma research to develop and manufacture hyperimmune globulin therapies from plasma donations.
Corporate India handed over an average increment of 8 per cent in 2021, and early estimates reveal that average increment for 2022 is expected to increase to 8.6 per cent in line with a healing economy and improving confidence, according to a Deloitte survey. As per the second phase of Deloitte's Workforce and Increment Trends survey 2021, 92 per cent companies gave an increment in 2021 at an average of 8 per cent, compared with only 4.4 per cent in 2020, where just 60 per cent companies had extended a pay hike. For 2022, average increment is expected to increase to 8.6 per cent, at par with the pre-pandemic levels of 2019, the survey said, adding that about 25 per cent companies surveyed have projected a double-digit increment for 2022.
'He said, "There was nobody to help me. I came from Kolkata to Mumbai to make a career of my own".' "'I have my own journey, and you need to experience that to value what you will have in the future.".'
'The war has been on for four weeks; the bombings are still on. I can hear it in my house.'
Cabinet Secretary Ajit Seth, who is due to retire on June 14, was on Monday given a six-month extension in service, the second time he has got it in the top bureaucratic post.
The deluge of offerings in the primary market, a muted results season and increasing talks of a Fed taper may quicken the pace of overseas investors selling Indian equities in the near term. The next few weeks may see a dozen companies tap the market for initial public offerings and raise about Rs 30,000 crore. These include the likes of Zomato, Glenmark Life Sciences, Utkarsh Small Finance Bank and Seven Islands Shipping.
A seasonally-strong quarter, with no immediate impact of the second wave and continued acceleration of digital transformation will allow the IT services sector to report a robust Q1 this financial year. However, key metrics to look out for will be attrition rate and margin lever as they will be impacted by salary hikes. Analysts expect growth for the quarter to be broad-based, with sectors like banking, financial services and insurance (BFSI), retail, manufacturing, hi-tech and life sciences driving revenue growth. Analysts across brokerage houses are pegging revenue growth in the range of 1.5 per cent to 4.5 per cent.
Prime Minister Narendra Modi on Sunday called for a global framework for ethical use of Artificial Intelligence (AI) as he flagged concerns surrounding bias in such modern technologies and their impact on the society. Days ahead of the G20 Summit, the prime minister also made a strong case for developing an integrated approach to deal with issues concerning cryptocurrencies. Modi, addressing B20 Summit India 2023 organised by CII, said India is preparing a global framework for Green Credit and urged industry leaders to adopt life and businesses with emphasis on planet positive actions.
India is among the top three emerging markets in the wellness economy.
'A large portion of youngsters who aspire to join the civil services are not motivated by the spirit of public service and idealism of which the civil services offer in abundance.' 'When they join the mandarin club they look for the loaves and fishes of office, rather than make a difference and wipe what Mahatma Gandhi called 'every tear from every Indian',' points out Rup Narayan Das.
Deciphering its secrets will unlock the early history of not only our planet, but also of the star system, explains Kumar Abishek.
Lakshmipathy Balaji turned out to be the cynosure of all eyes during the Indian cricket team's tour of Pakistan in 2004.
The leakage of benzimidazole gas occurred at Sainor Life Sciences Pvt Ltd in Visakhapatnam on Monday night.
Whenever you think of Microsoft, the only name that crosses one's mind is Bill Gates. But the tech behemoth was co-founded in 1975 by Gates and Paul Allen.
In a tribute, President Joe Biden called him a "born patriot", while Indian External Affairs Minister S Jaishankar hailed him as a thought-provoking global strategist.
The luxury hotel with 318 rooms and to be operated by a private entity is spread across 7,400 square metres and has been built at a cost of Rs 7.9 billion.
'Try to get in 30 to 60 minutes of a brisk walk every day, like my grandparents would do in the village -- twice a day they would go for morning walks and they would go after dinner.'
Modi called business communities and governments to work together to ensure usage of ethical AI as "we have to sense the potential disruptions in different sectors. This problem has to be solved under the global framework."
Infosys chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services.
We are currently in a transition phase and its resultant turmoil as a titanic struggle between Indian and Western value systems is being waged, argues Colonel Anil A Athale (retd).
Nerves gave way to smiles at the spaceport in Sriharikota as delays and an anomaly-triggered 'hold' forced Indian Space Research Organisation (ISRO) scientists to revise the launch schedule of a test vehicle carrying payloads related to the country's ambitious human space flight mission, Gaganyaan which soared into skies after initial hiccups.
For Yoginder, it is a release from pain. But for us, his friends, it is the loss of a warm and generous life companion, says Nitin Desai of his 50-year association with the eminent economist who passed into the ages on December 6, 2022.
The Indian vaccine industry largely feels there are two ways in which vaccine innovation can be spurred - one, get a high price for the product and two, have the government buy a few hundred million doses of the product at a certain price.
Atlee gives temporary relief from reality, by blinding us into a make-believe world where the perfect family hero and messiah makes the world a safer and equal place for all, explains Divya Nair.
From the US, Modi will travel to Egypt at the invitation of President Abdel Fattah El-Sisi.
