Demergers of companies offer opportunities to investors to create wealth.
'When resources are few; when frugality demands repairing a broken thing rather than replacing it with a brand new and expensive option, enterprising commoners in rural and urban India improvise on a daily basis and solve their problems with whatever they have,' observes Shivanand Kanavi.
If the deal goes through, Snapdeal founders will get $60 million (cumulative), of which half will be given to employees.
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
If it doesn't do that, what Uddhav Thackeray postpones addressing today will be there on the table to confront, for whoever anchors the Sena in the years ahead, observes Shyam G Menon.
The Board of Control of Cricket in India could get richer by at least Rs 5000 crore with the addition of two new franchises for the 2022 edition of Indian Premier League.
Look at savings as a percentage of income rather than a fixed amount. Both should rise in the same proportion.
Domestic mutual funds have added over 20 billion dollars in July to their 100-billion-dollar kitty, driven by fresh capital raised through new fund offerings as well as a sharp rally in stock markets.
What is the lure of a government job? The answer is India's worst kept secret: Job security. And among the many government jobs desperately sought after is in the armed forces. Which is why the riots by aspiring armed forces job seekers against the government's Agnipath scheme should not really be surprising, points out Harishchandra.
India's respectability in the world, particularly the west, lies in its steadfast adherence to ideas and ideals for democracy such as the rule of law, freedom of press, judicial activism and the vibrant civil society -- unlike China, says Rup Narayan Das
High gold prices let Indians feel wealthier and spend more, making monetary policy less effective.
In spite of a massive jump in the number of the uber rich and rich becoming richer, their contributions to charity continued to decline during the COVID-19 pandemic when a whopping 200 million-plus were forced into poverty, says a report. While CSR (corporate social responsibility) spends have increased from 12 per cent in FY15 (two years into mandatory CSR spends) to 23 per cent in FY21, charity by the uber rich slipped from 18 per cent of the total funding in FY15 to a paltry 11 per cent in FY21, says global consultancy Bain & Company and charity-focused domestic consultancy Dasra in their India Philanthropy Report 2022. The report said that donation from private foreign companies has contracted from around 26 per cent in overall private giving in FY15 to around 15 per cent in FY21.
Both Harikrishna and Carlsen drew all their four games on the opening day of the tournament as matches ended late on Saturday.
Voicing concern over many countries failing to vaccinate their people, World Health Organisation chief Dr Tedros Adhanom Ghebreyesus on Thursday called for vaccinating at least 10 per cent of the population of every country by September as he described vaccination as the best way to control the pandemic and reboot the global economy.
The championship was organised by Bangladesh Shooting Sport Federation (BSSF).
Domestic mutual funds have witnessed a windfall of assets worth about Rs 20,000 crore (Rs 200 billion) over the past month on the back of investors reposing faith in the market.
The Virat Kohli-Rahul Dravid era began with a convincing Test series win against New Zealand at home and the India skipper on Monday said team is following the same "mindset" and objective under the new support staff.
Why settle for $400-500 million when you can make a billion or even more? That, in a nutshell, is why Krishna Kumar, 43, and Kashyap Dalal, 40, co-founders of Bengaluru-based edtech firm Simplilearn, one of the big players in the segment, sold a 51 per cent stake to Blackstone instead of selling 100 per cent as close competitor and rival Great Learning chose to do.
Aam Aadmi Party's chief ministerial candidate Bhagwant Mann too questioned separately Gandhi's description of Channi as belonging to 'gareeb ghar', asking 'from which angle, is he poor'.
Team India captain Mahendra Singh Dhoni has pipped the likes of 'Sprint King' Usain Bolt, tennis ace Novak Djokovic and teammate Sachin Tendulkar in the latest list of world's 100 richest sportspersons, released by the Forbes magazine.
Ankeet Chavan, one of the three Rajasthan Royals players charged with spot-fixing during the 2013 IPL and banned for life by the BCCI, was paid his Ranji Trophy dues worth Rs 32 lakh.
The living will do anything to save their lives. The dead can't defend themselves. Will Sheena Bora's good name survive her murder trial?
'And they are going to be milder because we are dealing with the vaccinated and are much richer in terms of the immune response in the population.'
Participants from Indian sub-continent expect their average wealth to grow to $9.07 million in 2010.
Zelda Pande recounts the specialness with which Diwali was celebrated in her home in Ranchi.
The much-awaited upturn in the stock market on Thursday added more than Rs 1.17 lakh crore to investor wealth, which had plunged by over Rs 4.35 lakh crore in the past four days amid heavy sell-offs.
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
So just keep on playing the game like Tendulkar has done over the past two decades . . . not bothering about short-term declines in form but practicing to be a master in the long term.
Investor wealth has jumped by over Rs 12.31 lakh crore in three days, taking the market capitalisation of all BSE-listed companies to a record Rs 198.43 lakh crore on Wednesday as equities continued their Budget-driven rally. The BSE benchmark Sensex closed above the historic 50,000 mark for the first time ever on Wednesday. The 30-share benchmark closed with a gain of 458.03 points or 0.92 per cent at 50,255.75. During the day, it zoomed 728.67 points to its lifetime high of 50,526.39. In three trading days, the benchmark has gained 3,969.98 points or 8.57 per cent.
Singh said he had worked as prime minister for 10 years and had always preferred that his work should speak for itself.
'Modi looks to be an effective, result-oriented, purposeful leader, focused on bringing greatness and glory to the nation.'
'
So it is best for his critics to give up their sniping and supplement his efforts,' asserts B S Raghavan, the distinguished civil servant who served three prime ministers.
Former captain Ricky Ponting says he himself failed repeatedly before learning to perform in India and the bunch of Australian cricketers playing there will be able to handle the conditions better next time.
Arun Sarin, the chief executive of Britain's mobile giant Vodafone, would leave the company with over 25 million pounds in his pocket.
'There is a growing split between rich professional Indians and working class Indians in the USA,' says novelist Chitra Banerjee Divakaruni.
'The top 11 billionaires in India added so much to their wealth during the pandemic that it would have sustained MNREGA for 10 years or the ministry of health for 10 years.'
Leicester City manager Claudio Ranieri will earn a five million pound ($7.33 million) bonus if his team win the Premier League title.
Per capita income of Indians grew by 14.5 per cent to Rs 46,492 in 2009-10 from Rs 40,605 in the year-ago period, as per the revised data released by the government on Monday.
BSE data suggest 2 demerger proposals a month in the last 2 years.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances