Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.
World chess champion Viswanathan Anand must have never imagined when he left his home in Madrid last Thursday that he would undergo so much to reach the venue that saw him traverse 2000 kilometres across five countries to reach Sofia for his World Chess Championship match against Veselin Topalov.
World champion Viswanathan Anand got a breather on Wednesday as the World Chess Federation agreed to postpone the first game of his World Chess Championship match against Veselin Topalov by a day to Saturday.
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
All shops and markets remained closed in both east and west Midnapur district.
The Haryana government, which had earlier ordered suspension of mobile Internet services in Karnal from Monday 12.30 pm to Tuesday midnight, decided to suspend these services in four adjoining districts as well.
In less than a week's time, a fourth submarine cable was severed in West Asia, disrupting voice and telecommunication traffic between Qatar and the United Arab Emirates (UAE).
Normal life was disrupted in Kashmir Valley on Thursday due to a strike called by hardline Hurriyat Conference led by Syed Ali Shah Geelani to protest killings in Gaza and to mourn the death of seven persons in an accident involving an army vehicle.
Heavy rains continued to lash several parts of Mumbai for the second consecutive day on Thursday, disrupting rail and air traffic, causing inconvenience to a lot of commuters.
Samajwadi Party workers on Thursday held demonstrations in some parts of Uttar Pradesh and stopped a train in Allahabad in support of the bandh against Foreign Direct Investment in retail and hike in diesel prices.
The district administration in Kozhikode, Malappuram and Wayanad has declared a holiday for educational institutions on Tuesday to cope up with the situation.
Hundreds of people disrupted rush hour traffic in New York with peaceful protests over the aquittal of three police officers who allegedly killed an unarmed black man on his wedding day in 2006.
Several trains were cancelled, highways and key roads blocked and many thousands stranded for hours on Monday as a nationwide 10-hour shutdown against the Centre's three agri laws disrupted lives across parts of India, particularly in the north.
The suburban areas received around 20 mm rainfall in just three hours starting 8.30 am, an official at the India Meteorological Department's centre in Mumbai said.
The disruption by Opposition members drew sharp criticism from Prime Minister Modi who accused them of being unable to digest the fact that a large number of new ministers are women, Dalits, tribals and those from other backward classes
West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.
Suburban services were disrupted with trains on all the three lines -- western, central and harbour -- running late.
A stretch about 50 metres long on the Rishikesh-Badrinath National Highway near Pursari village is showing signs of land subsidence with cracks appearing on it.
Over 80 domestic flights of all major airlines to and from Mumbai were cancelled on Monday.
In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.
Commercial pilot licenses will now be valid for ten years, with the government amending rules as part of efforts to further improve ease of doing business in the aviation sector. Till now, the validity of Commercial Pilot License (CPL) was for five years and after completion of that period, it had to be renewed. The civil aviation ministry amended the Aircraft Rules, 1937.
Normal life was thrown out of gear as moderate to heavy rains lashed south and central Gujarat, with Ahmedabad recording 210 mm rainfall overnight.
Tourist centres have been closed in many districts, including Kottayam and Thiruvananthapuram, and a night travel ban has been imposed in the hilly areas of Idukki district.
Four arterial subways in the north-west part of Mumbai had to be closed for traffic on Tuesday due to heavy rains since the early hours of the day, officials said.
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
Prohibitory orders banning the gathering of people were imposed in Karnal on Monday, a day ahead of a farmers' planned gherao of the mini-secretariat over the August 28 lathicharge episode, officials said.
Companies like Amazon Prime Video are also temporarily lowering bit rates -- a measure of how much data is being transferred -- to ease pressure on telecom network infrastructure.
Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.
In a shocking incident at Haneda Airport, Japan Airlines Flight 516, en route from New Chitose Airport, erupted into flames just after landing on Runway C at approximately 5.47 pm (local time) on Tuesday, Japanese public broadcaster NHK reported.
Any government support or incentive to help exporters deal with high freight and insurance costs is unlikely.
The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.
Fresh snowfall disrupted normal life in Jammu and Kashmir, where an avalanche warning was issued in five districts, higher reaches and tribal areas of Himachal Pradesh and the Garhwal region of Uttarakhand on Monday.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
According to FlightAware, a flight tracking company, more than 9,500 flights within, into or out of the United States were delayed and more than 1,300 were cancelled due to the system failure.
Tuesday's nightmare continued well into Wednesday morning for Mumbaikars, as trains on the Western Railway ran behind schedule.
There will be a complete ban on gathering, processions or rallies and entry of tractor trolleys carrying people in the national capital as the Delhi Police has imposed Section 144 for a month in the view of intended widespread tension and 'social unrest' due to the farmers' 'Delhi Chalo March' on Tuesday.
There was no casualty and all passengers were taken to Thrissur for their onward journey. Railway ordered a probe.
Local train services came to a halt between Badlapur and Ambarnath section in Maharashtra's Thane district adjoining Mumbai due to water-logging on railway tracks after heavy rains, officials said.
Floods in West Bengal have claimed over 40, with water levels rising arlamingly in East Midnapore, North and South 24 Parganas, Hooghly, Howrah, Birbhum and Burdwan districts.
