Following their passion paid off for Harsh Jain and Bhavit Sheth with their fantasy sports platform Dream11 entering the unicorn club with a valuation of over $1 billion.
The struggling steelmaker said the sale includes several South Yorkshire-based assets, including electric arc steelworks and bar mill at Rotherham, steel-purifying facility in Stocksbridge and a mill in Brinsworth.
Snapdeal's Kunal Bahl tells team to follow DMart example. Sources close to the company says Snapdeal plans to launch an IPO by 2019.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
Is India witnessing jobless growth or is there actually no issue with employment? The real story is between the first two suggesting that though there is sufficient employment, the challenge is to create well-paying quality jobs, says Amitabh Kant.
The Centre intends to consolidate the 44 central labour laws into 5.
The last thing the country needs in a globalising and technologically advancing international business environment is a poorly educated workforce.
The challenge for politicians is that the continuous electoral cycle favours short-termism and the loan waiver type of policy, whereas prosperity requires hard decisions where commonly held perceptions must be disrupted and over-turned, says Dhiraj Nayyar.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.
If economic growth does not accelerate soon, lower profits and the expectations that accompany them will further deter private investment.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
The ban does not speak about used luxury cars.
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The company's loss in the financial year 2013 was Rs 13.82 crore (Rs 138.2 million).
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
Robotics is making inroads into HR, but will not replace the function any time soon, experts say.
With swanky showrooms and VR-enabled sales platforms Maruti Suzuki, Tata Motors, and Skoda bet on shine and gloss,and place their faith in experiential branding.
Renting start-ups make a killing as millennials fuel sharing economy.
Modi is as divorced from reality as Manmohan Singh. He might want to sound expansive and visionary, but to be credible he must have his feet on the ground and know the reality around him. Instead of delivering irrelevant homilies to small and hence poor farmers, the prime minister should be thinking in terms of creating a huge demand for alternative employment, mainly in the construction sector, and his promised hundred new cities is a capital idea, says Mohan Guruswamy.
Government tenders could soon go to bidders who promise to train highest number of youth.
India has more than 45 million SMEs, accounting for nearly 40 percent of gross domestic product.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
The Tata group-owned budget hotel chain is going back to drawing board to reboot the brand. Is it too late?
'India will soon have the world's largest and youngest population -- just imagine what tomorrow's citizens of India will be able to accomplish, given the right education, training, and opportunity.'
The more one thinks about it, the more difficult it is to see how India will be able to reap the benefits of a demographic dividend, says Aakar Patel.
Needs funds for Odisha plant expansion, to cut high debt.
For 20 years, the stock market headed nowhere, and this has created permanent aversion.
"I love being in Rajasthan and am doubly happy that I have been able to come so soon after doing the The Best Exotic Marigold Hotel 's first version. I would like to go to Udaipur again and see how the lakes are there now," Judi Dench, who has been shooting in Jaipur for the sequel of her hit film The Best Exotic Marigold Hotel, says. P B Chandra reports.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
Students will have more H1Bs to count on after they graduate.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
The IMF's predictions for India's near-term growth may seem rosy, but the usual caveats apply - that is, we are apt to under-perform.
Since many of Modi's urban policies were initiated in Ahmedabad, the city may act as a template to examine what can be expected in a country that is witnessing the biggest migration from rural to urban areas in the world
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
Stay ahead of the game; learn the tricks from Ecom king Jack Ma.
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