'No Sane Pilot Would Shut Off Fuel'

'It's absolutely absurd to suggest pilots intentionally shut off fuel.'   In the first of a two-part interview with Prasanna D Zore/Rediff, Air Marshal Sanjeev Kapoor (retd) challenges the......

Will Japan Instability Derail India Ties?

There is nothing to be worried about as bilateral ties are robust with solid foundations.Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall......

Nippon Life to buy 26% Reliance Life pie for $680m

Japanese insurance firm Nippon Life Insurance Company will acquire a 26 per cent stake in Reliance Life Insurance for $680 million. "Nippon Life Insurance will invest an aggregate value of Rs 3,062......

ICICI Pru AMC sets price band for IPO, seeks Rs 1.07 trillion valuation

ICICI Prudential Asset Management Company has set a price band of Rs 2,061– Rs 2,165 per share for its Rs 10,600-crore initial public offering (IPO) that will open on Friday. At the upper end of......

Nippon to acquire 23% stake in Reliance Life

The planned deal will reduce Reliance Capital's stake in Reliance Life Insurance to 51 per cent from 74 per cent. Japan's Nippon Life Insurance plans to acquire another 23 per cent stake in......

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

Mutual funds (MFs) — flush with cash amid record inflows in July — invested heavily in the Rs 25,000-crore qualified institutional placement (QIP) of India's largest lender State Bank of India......