The $12.1 billion Corus acquisition-the biggest global acquisition made by an Indian company-ended up as a millstone around Tata Steel's neck, points out Indrajit Gupta.
New Year is around the corner and these things should be on your agenda!
Classically, the Japanese - who are not guided by short-termism - added capacity during slumps to be ready to reap their good fortune when the business cycle turned upwards again and shortages emerged, says Subir Roy.
Sellers, beware! Here are the risks involved
He keeps a Ganesha idol in his room. His next book will have eight chapters set in Mumbai. He loves India; it's his biggest market. Yet there is one thing that bestselling Jeffrey Archer detests -- it actually drives him nuts! -- about this country.
The 25 odd witnesses that so far had given testimony had not come up with anything incriminating against Peter or the way Shivade characterised it -- "not even a whisper."
A day before iconic street artist Banksy opens Walled Off -- his hotel in Bethlehem, a few feet away from the Israel-Palestine Wall -- we take you inside on a tour.
Bollywood star Salman Khan's appointment as the Indian Olympic contingent's goodwill ambassador has not gone down well with star wrestler Yogeshwar Dutt, who feels a sportsperson should have been chosen for the role. Salman, who is playing the role of a wrestler in his upcoming film 'Sultan', was named goodwill ambassador by the Indian Olympic Association on Saturday in the presence of star woman boxer M C Mary Kom, hockey captain Sardar Singh, and shooter Apurvi Chandela among others. Yogeshwar, the London Olympics bronze-medallist, said he cannot understand what purpose such an appointment will serve for the athletes. "Everybody has the right to promote movies in India, but Olympics is not a place to promote films." Yogeshwar tweeted in Hindi. "Can anyone tell me what the role of goodwill ambassador is? Why are you fooling the public?" he added.
Union Finance Minister Arun Jaitley on Monday filed civil defamation suit in the Delhi high court against Chief Minister Arvind Kejriwal and Aam Aadmi Party leaders, amid a raging row over irregularities in the Delhi and District Cricket Association and allegations of corruption against him by the Delhi government.
Seeking to seize "transformative moment" in ties with India, US Secretary of State John Kerry will arrive in New Delhi on Wednesday for talks on key issues with the new Indian leadership.
The stage is now set for the controversial three-day cultural event opening on Friday on the Yamuna flood plains even as Art of Living guru Sri Sri Ravi Shankar struck a defiant note that he will not pay Rs 5 crore fine imposed by Green Tribunal and would rather go to jail.
'It has been a quick evolution.' 'That is because he saw the big names playing in the IPL and he played alongside them; that transformed him as a batsman.' 'I would say now he is perfect.'
The Beatles came to Rishikesh to experience Indian spiritualism in 1968. The ashram where they stayed is now a 'Beatles museum'.
'During his visit to Vietnam on September 3 -- the first visit by an Indian prime minister in 15 years -- Modi will notice the widespread anti-China sentiment in that country.'
Narendra Modi on Thursday trained his guns on Sonia Gandhi, saying she should speak up on coal and 2G spectrum scams as he alleged that the Congress was "misleading" the country on issues like development, inflation and employment generation.
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
Michael Phelps won the 19th gold medal of his Olympic swimming career on Sunday after helping the US men's team to victory in the 4x100 metres freestyle relay.
In its complaint, Sebi had alleged that despite a public notice of December 18, 1997, accused had failed to get the CIS registered with Sebi or wind up the schemes or repay the amount collected from investors in terms of CIS regulations.
A rebounding and steady market is a good time to weed sectors and funds that tend to drag the portfolio.
If companies get into trouble, the loan becomes a non-performing asset and "we very much want these assets to be back on track," Raghuram Rajan said.
From being a national level swimmer to playing a swimmer on the show Swim Team, Pooja Banerjee shares her long journey.
There is too much focus on building, infrastructure, the number of teachers (as opposed to quality), number of laboratories and so on, says Vineet Gupta.
The decline bolstered bets that the Federal Reserve will hike interest rates in mid-2015
In his first media interaction after taking over as the president of the Board of Control for Cricket in India, Anurag Thakur on Sunday made it clear that the BCCI is not running away from implementing the recommendations suggested by the Supreme Court-appointed Justice Lodha Committee, however, he clarified that it is not possible to implement all the changes. He gave reference to the one particular recommendation which says that no advertisements should be shown between overs during a live match on television, which he believes will affect the revenues of the BCCI and in turn affect everyone connected to the Board including the former, current and future players. "If you look at the reports, IPL is the fastest growing league in the world, which in itself is a great achievement for the BCCI. They have worked well, the franchises have contributed. If you look at the other side of it, where do you get the major revenues from? It is from the home series. And your revenue comes from where? It is from the advertisements," Thakur said.
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Preetisheel Singh lets us into some star secrets.
The lesson Waghmare sternly received on Monday from CBI Investigating Officer K K Singh and CBI Prosecutor Bharat Badami about the way a witness must answer questions from the defence seemed to have had only a marginal effect on him. On Tuesday the timid former office boy still chose, unpredictably and remarkably, to answer many a question in the manner of his choosing. He told the room categorically that he had asked Indrani's former secretary Kajal Sharma not to forge Sheena Bora's signature on her resignation letter.
Nitish Kumar has said the only remarkable thing during the period was that prime minister has more selfies than all his cabinet colleagues put together.
'... For the India-US relationship to continue its positive trajectory, it will require India to adapt to a different approach.' Nisha Desai Biswal -- who as the Obama administration's point person for South Asia was in the inner circle of all the Obama-Modi Summits -- tells Rediff.com's Monali Sarkar why she is hopeful that India and the US are on an irreversible forward course.
Swaraj said there is scope to do a lot more and this would be an important element of their deliberations.
When it comes wildlife, stock market investors can immediately identify with bulls and bears. But there are other animals in the stock market jungle too.
The exotic Italian manufacturer steps into the middleweight naked space with the new generation Brutale 800. What's it like to ride? Abhay Verma finds out
Looking at Aamir Khan's top money-making movies at the box office.
'Because of the impact the movement has had, people will think twice before misbehaving because you don't know who will turn out to be another Tanushree Dutta.'
With Centre, state and municipal governments passing the buck on issues as critical as sanitation, Aditi Phadnis looks at the revolving door politics that is often played with the running of local self government
The American influential IT and telecom industry sought intervention of the Obama Administration against what they alleged are "discriminatory" Indian policies, which they claimed has resulted in several hundred millions of dollars of losses in the last quarter.
The Samajwadi Party government went overboard in deploying nearly 10,000 policemen to patrol the streets of Ayodhya to prevent the VHP from carrying out its 84-kosi parikrama, reports Sharat Pradhan
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Spending money to make this day special is the easiest way out, but also very predictable and boring. Some creative thinking and you can indeed spend less money and have more fun!
'I'm a rascal, I'm going to play a paramahansa?!'