With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
'If Facebook were a country, it would be the third most populous one and the most connected.'
'Success will require political skill, not just economic expertise'
The partners intend to invest $2 million annually through the India Innovation Growth Programme for the entrepreneurs to develop technology-based solutions for the betterment of the society
Modi in his address to the BRICS Leaders Meeting in Hangzhou said "terrorists in South Asia or any where for that matter do not own banks or weapons factories". "Clearly someone funds and arms them and BRICS must intensify joint efforts not just to fight terror but to coordinate actions to isolate those who are supporters and sponsors of terror," he said, without naming Pakistan which is a close ally of China.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
Here are 10 photographs that prove that it's a mad, mad, mad, mad world out there!
Jaitley presents NRI award to G P Hinduja.
Watson used to take flak for his inability to convert half centuries to centuries but recently his problem has been progressing from scores in the 20s and 30s.
ADB was urged to take up the Railways sector.
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
'This is part of our efforts to make it easier to do business.'
Pitching for making the country's 7,500-km long coastline an "engine of growth", Prime Minister Narendra Modi on Thursday said India wants to mobilise Rs 1 lakh crore investment to enable port development and invited global community to invest.
Budget will get a welcome reception from the international biz.
This merger, Bhupesh Bhandari believes, will be watched keenly by management gurus the world over.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
I look forward to many years of success and friendship, working together to solve not only our problems, but world problems and problems of great danger and security, says President Trump in Beijing.
Their bowling frailties thoroughly exposed in the first two ODIs, India are left with no option but to bank heavily on their batsmen to steer the side and upstage the rampaging Australians in the must-win third one-dayer in Melbourne.
Summary of sports events and persons who made news on Tuesday
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
'It must have been great viewing for people at home to see the way that especially the first game and this one, how tight they've been, how it swung both ways'
Addressing the Indian diaspora on the second day of his three-day visit to Malaysia, Modi said India draws strength from its diversity and that his government is working to create an environment where enterprise flourishes and everybody gets basic needs like roof, sanitation, water, health care and education.
Diwesh Sharan, a deputy director general of ADB, says beside the PPP model and viability gap funding, there is a 3rd option - value capture - to raise funds for India's ambitious infrastructure projects.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
"No problem is insurmountable," Shaheen Mistri tells Anjuli Bhargava.
US president wows the 2,000 people at Siri Fort
India needs to build an economic system that will provide adequate capital to budding entrepreneurs, says Ajit Balakrishnan.
Iran is preparing for a trade and investment boom that could reshape the region after agreeing with world powers to curb its nuclear programme, paving the way for sanctions that have stifled its economy to be lifted.
Modi govt has a unique style of working, say experts.
'India needs to adopt a more proactive policy of triggering exports to China.'
'The government's proposal to store citizens' data including Aadhaar data under its Digital India initiative on cloud is violative of the citizens' human rights because the cloud is admittedly beyond India's jurisdiction.'
For 20 years, the stock market headed nowhere, and this has created permanent aversion.
'I can snap my fingers and get 1,000 people overnight, but I can't guarantee that they will develop because there has been zero change in education in the country in the last nine years.'
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
During the meeting with Acting Deputy US Trade Representative Wendy Cutler on Wednesday,
It is imperative to invest in real time marketing, even at double speed.
'On the tax front, most of the Budget proposals are sensible'.
'Markets should be driven more or less by earnings growth.'
