Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
The roads will reduce the distance to the border considerably and make easier the movement of Indo-Tibetan Border Police personnel, who at present have walk up to 25 kms to reach there, officials said.
The recently-created flexi-cap fund category is emerging as the hottest segment in the Rs 11-trillion equity mutual funds (MFs) space. Buoyed by the success of ICICI Prudential Flexicap Fund, other MFs are lining up new fund offerings (NFO) in this segment. Industry players say the flexi-cap category could emerge as the biggest segment in the equity MF space. Recently, ICICI Pru Flexicap's NFO collected a record Rs 10,200 crore.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
'Such incidents can only exacerbate the sense of alienation among the Kashmiri people, in particular the Kashmiri youth.' 'It is as if for some of our political figures and misguided youth, Kashmir is a piece of real estate over which we assert our claim, but the people there are dispensable,' notes former foreign secretary Shyam Saran.
The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Two days before the Hyderabad blasts, the Centre had alerted all states that Pakistan-based terrorist groups may carry out attacks in a major city to avenge the hanging of Ajmal Kasab and Afzal Guru.
A day after the Congress brainstormed over its electoral reverses, senior leader M Veerappa Moily on Monday said Sonia Gandhi should take "full control" of the party with a free hand to change non-performing leaders, and asserted that a "mere culture of tweets and social media propaganda" would not take the organisation forward.
With most Adani Group shares locked in lower-circuit in early morning trade based on news that accounts of three foreign portfolio investors, heavily invested into group companies, were frozen by the National Security Depository Limited, market experts advise caution that investors should not jump in now to buy at lower levels.
'Consistency is the key to cracking any goal.' 'If you can't put in 10 hours a day, make it 6 hours or 8 hours, but stick to it.' 'Don't lose momentum.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Kalrock Capital-Murari Lal Jalan combine has emerged as the frontrunner. A consortium of Imperial Capital and FSTC is the other bidder.
Professionals with sharp technical skills and knowledge of emerging markets will continue to be in demand, says Nikhil Barshikar, founder and CEO of Imarticus Learning, a tech learning and training company.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
The advisory follows several such 'trading leagues' coming to light, including one by a film star and her husband, wherein the general public is asked to guess returns for some particular stocks and get prizes for right bets, among others.
IIM Lucknow has concluded its 2020-21 final placements.
The remaining two One-Day Internationals between India and South Africa will be played in empty stadiums following an order by the government to combat the spread of coronavirus. While the Uttar Pradesh Cricket Association (UPCA) confirmed that Lucknow ODI will be held behind closed doors, the Cricket Association of Bengal (CAB) has also put ticket sales on hold with immediate effect, an indicator of things to come.
Bringing a local or non-Chinese partner onboard opens up the possibility of legal recourse to have the ban diluted or revoked. However, the process of going through a review committee and setting up local servers might take at least 3-6 months.
The officials said Pakistani intelligence operatives have adopted the modus operandi of investing in illegal call exchanges that switch Voice over Internet Protocol (VoIP) calls to normal Indian mobile calls.
Officials said a number of such photographs of badly mutilated bodies were being circulated and the development was brought to the notice of force officials after which the advisory was issued.
West Bengal Chief Minister Mamata Banerjee on Wednesday said she had suggested to the Congress that an advisory council comprising prominent personalities from civil society be set up to give a direction to the opposition, but rued that the plan did not materialise.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
The UK government said on Tuesday that it has kicked off preparations for a free trade agreement (FTA) with India, launching a 14-week consultation to seek the views of the public and business before formal negotiations begin later this year. UK Trade Secretary Liz Truss said Britain wants a trade deal with India that pushes new frontiers and welcomes wide input from consumers and businesses across all sectors, which will help craft a deal that includes closer cooperation in "future-focused industries" such as science, technology and services, creating high-value jobs across the country. "We're firing the starting gun on a free trade deal with India - the world's largest democracy, fifth-biggest economy, a nation of 1.4 billion people and a huge market for British goods like whisky, cars and services," said Truss.
The cash transactions have been stopped at the branches belonging to the Jammu and Kashmir Bank and Ellaquai Dehati Bank.
Modi called for timely evacuation of those involved in off-shore activities.
To overcome your fear of the property being taken over, draw an ironclad agreement with a good lawyer's help, recommends Sanjay Kumar Singh.
The Securities and Exchange Board of India's (Sebi's) technical advisory committee has been mandated to probe the trading halt at National Stock Exchange (NSE) and fix accountability. The committee after a detailed examination would send its findings and recommendations to whole-time member Madbhi Puri Buch, to decide the future course of action, said two people in the know. The panel, which is currently chaired by Ashok Jhunjhunwala of IIT Madras, is learnt to have sought an explanation over two key issues from NSE: One on the effectiveness of interoperability as it was unable to migrate the trading positions; the other on laxity in switching it to the disaster recovery site.
The rally in mid- and small-cap stocks has spilled over into the IT sector as well. Second and third-tier IT stocks, which historically traded at a discount to the big five IT companies, are now trading at nearly 25 per cent premium to their large-cap peers. The smaller IT companies have a price-to-earnings (P/E) multiple of nearly 38 times against the big five's current P/E multiple of around 31x.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
'It shows that they cannot manage the situation with the forces in their hand.'
Opposition leaders across the Maldives are being rounded up and placed under detention as draconian measures are being put in place by President Abdulla Yameen.
In the wake of the terror attack on a school in Pakistan's Peshawar, Centre has asked all states to beef up security particularly in educational institutions.
Drama heightened on Friday when the army said that Pakistan-based terrorists are planning to target the ongoing Amarnath Yatra followed by the Jammu and Kashmir administration issuing an advisory, asking the yatris and tourists to "curtail" their stay in the Valley and leave immediately.
The Inter-Ministerial Committee, which looked into the matter has in their comments, mentioned clearly that the threat to national security cannot be justified on any grounds whatsoever, sources said.
The prospects of India becoming a credible manufacturer of defence platforms or major weapon systems for export are remote, says Vice Admiral Premvir Das (retd).
None of the overseas recruits of eight IPL franchises have expressed any apprehensions about travelling to India. And there are multiple practical reasons why the T20 extravaganza will be held as per schedule.
Smaller stocks continue to shine at the bourses. The BSE MidCap index is up 18 per cent since the beginning of January this year against a 5 per cent rise in the Sensex during the period. With the current rally, the mid-cap index has doubled in value since the end of March 2020 against a 70 per cent rally in the Sensex during the period. On Tuesday, the mid-cap index closed at 21,232, as compared to 17,941 at the end of December 2020. In the same period, the benchmark index moved from 47,751 to 50,193.
The C-17 Globemaster can airlift around 230 passengers in one go and takes less time to fly between different places.
Dr Anthony Fauci has been named as Chief Medical Adviser to the President on COVID-19, while Dr Rochelle Walensky has been named as Director of the Centers for Disease Control and Prevention; and Dr. Marcella Nunez-Smith as COVID-19 Equity Task Force Chair.
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