With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. However, it is among the only two major economies, which will register a positive growth rate in 2020. The other being China, for which the IMF has projected a growth rate of 1.2 per cent.
He is betting on emerging firms to generate ideas and build wealth through Premji Invest
Are we seeing a replay of March 2000? What are the similarities and differences and how worried should we be, asks Akash Prakash.
India, with m-cap of about $1.6 trillion, is ahead of Switzerland.
A French court recently sentenced Mohammad Niaz Abdul Rasheed, an Indian national, to eight years in prison for criminal conspiracy.
High-networth individuals and domestic funds from India are eyeing a slice of the much-touted mega IPO of Chinese e-commerce giant Alibaba, which looking to raise an eye-popping $21.1 billion.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
Kunal Shah is one of five of India-origin to have made the cut in Goldman Sachs in the 2014 class of partners.
Identifying cyber crime as a major threat, Sebi Chairman U K Sinha recently said such attacks are occurring these days in a more sophisticated manner.
United said it would rebook flights for affected passengers without charge
As part of the deal, Hilton will continue to operate the property for 100 years and the 1,413 room hotel will undergo a major renovation.
Jaitley began his 10-day visit to the US on Wednesday.
The offer of $196 per share represents a premium of 49.5 per cent to LinkedIn's Friday closing price
Its market capitalisation tops those of the 3 largest Indian firms combined
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances.
They are trying to better the country's education system.
12 images that show the odd, odd world we live in.
Exchanges have twin roles: commercial and regulatory.
Four new retailers from US, two from Germany may have shown interest in setting up shop in India.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
Even within China, economic slowdown and stiffer competition may hit growth.
The attendee had to call into the conference call and say a few initial pleasantries to establish his/her presence, but could then leave the app to handle the rest once the Senior Company Bore began his monologue... A rib-tickling excerpt from Sanjeev Sanyal's Life Over Two Beers.
He was number three in 1999 when the company was founded.
Ma is also exploring strategic play in one of the largest media houses in India.
Among the biggest winners of a successful IPO would be co-founder Evan Williams with a 12 per cent stake.
The US Federal Reserve has raised its benchmark interest rate by 0.25 per cent, only the second increase in a decade.
The Dow has never lost more than 800 points in a day.
Beijing did not announce expected policy support over the weekend
Its internet penetration still matches up poorly to other countries
If it goes ahead, the combination would create the world's biggest exchange by revenue.
'I am actually quicker now than before,' Boxing legend Mary Kom tells Pavan Lall.
He increasingly looks like a manager unable to cope with the modern tactical realities of football. His display of a fear of failure has been appalling to watch. But Mourinho getting the sack at this juncture will hardly solve the problem, says Dhruv Munjal.
In the city to lead India's 70th Independence Day celebrations, M J Akbar called terrorism a major threat to human rights.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Rajat Gupta, 70, the first Indian managing director of McKinsey and who of 17 months in US prison for insider trading, gets ready to tell his side of the story. And he is less than complimentary about Preet Bharara, then the famous crusading US attorney for the Southern District of New York. "The jury, the press and the public saw only... a 'cropped picture', he says. For someone whose life story was a model of the Great American Dream - an Indian of modest means who rose to the highest circles of politics and business, mingling with the White House and Davos crowd - his indictment in 2012 marked a stunning fall from grace. Many ascribed it to the hubris of the rich and powerful, says Kanika Datta.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
Summary of sports events and persons who made news on Thursday