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What Was The Secret Of Rakesh Jhunjhunwala's Success?

His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu. Illustration: Dominic......

Citi joins list of foreign banks scaling down India ops

Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis......

FPIs turn net sellers in Oct; pull out Rs 12,278 crore

After two months of buying, foreign portfolio investors (FPIs) have turned net sellers in October by pulling out Rs 12,278 crore from Indian markets. Illustration: Uttam Ghosh/Rediff.com As per......

Govt mulls permitting foreign investment in LIC

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO,......

Why PEs may be better source of capital for banks

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country. Recently, Reserve Bank of India’s (RBI’s) internal working......

Soccer Extras: Twitter to meet United over Pogba racist abuse

IMAGE: Manchester United midfielder Paul Pogba became the latest high-profile player to be a target of online abuse after he missed a penalty in Monday's 1-1 draw at Wolverhampton Wanderers.......
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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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