Arora was hired in July to run a newly created unit called SoftBank Internet and Media Inc.
Through the past 12 months, the Bank Nifty has risen 55%
Valuation-wise, the markets look more attractive now
Every 30 seconds its website is connected to an SME for a loan, every five minutes it evaluates a loan, and every 20 minutes it disburses a loan.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'
The students of Marjory Stoneman Douglas and other United States schools, Tim Cook, India's Indira Jaising and Mukesh Ambani. The names mentioned above have nothing in common... until now. They have all been named as Fortune's World's 50 Greatest Leaders. Here are some of the prominent names mentioned in the list.
A good monsoon would translate into demand pickup across multiple sectors.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
For existing investors, it may be prudent to redeem their current investments in gilt or dynamic schemes and invest it in short-term funds, if the exit load is not very high, advises Malhar Majumder.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
The automobile segment is our preferred area, and old favourites such as Tata Motors, Bajaj and Maruti Suzuki continue to entice us.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
TCS still ace in the pack
No one is quite sure when the soft launch is likely.
The 39-year-old, the fifth child of an illiterate labourer couple and only the second of their eight to be educated, now helms various ventures that bring in a turnover of between Rs 75 crore and Rs 90 crore.
US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
For an entrepreneur, managing his personal finances well is half the battle won.
Sensex ends in green on boost from bluechip stocks.
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The BSE Realty Index is on a downhill journey.
The global economy may just be entering a new phase.
India Inc has few leaders who are likely to grab headlines in 2015.
Sensex lacklustre, bluechips in focus.
'People don't want to watch a screaming channel if given a decent alternative.'
After a robust Q4 FY14, thanks to election spends on advertising across platforms, media entities might see slightly lower ad revenue growth at 12 to 14 per cent.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
AAP has promised lower electricity bills, free basic water supply.
Budget was a mild disappointment. Yet, the bull run continues.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
That's all it takes to protect an institution -- just one person with no past and no greed for the future, says Shekhar Gupta.
The government is keeping its options open.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
Indian states are preparing for a Rs 1.9 lakh crore (Rs 1.9 trillion) tax windfall this fiscal year.
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.