Modi vows to boost 'B4B' ties on first foreign tour

India Inc’s promoters have held on to their holdings, despite sharp swings in the market and corporate profitability in the past 10 years. Promoter stake in India’s leading family-owned companies has increased marginally to 51.7 per cent in June this year from 51 per cent in June 2005. Overall, promoter stake in top listed companies has declined to 48.9 per cent from 54.4 per cent 10 years ago. This has been led by public-sector undertakings, as the government has divested its ...

India’s affection for gold has only been growing across rural and urban areas. When compared with real estate, the yellow metal is still clearly perceived as a safer bet, a recent National Sample Survey Office survey revealed. The share of expenditure on gold has risen sharply in both rural and urban parts of the country between 2004-05 and 2011-12, the survey shows. On the other hand, the spending trend on real estate in this duration has revealed that the proportionate share of ...

Owners of Pune-based Serum Institute of India, the Poonawalla’s have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group. Adar Poonawalla (bottom Left), CEO of Serum Institute and son of Cyrus Poonawalla is categorical that they are only interested in the Grosvenor House Hotel property from Sahara and this does not signal their entry into the hospitality sector. In an interview with Shivani Shinde Nadhe, Poonawalla talks about funding options, expansion plans for ...

KATHMANDU : Former foreign ministers and political leaders have suggested utilising Indian Prime Minister Narendra Modi’s visit to strengthen, consolidate and uplift Nepal-India relations, rather than making a “long shopping list” of ...

NEW DELHI: India’s Parliament erupted in anger today after television footage showed a hardline Hindu nationalist lawmaker apparently trying to force-feed a Muslim man during the fasting month of Ramadan. Opposition Congress MPs launched raucous ...

Amazon to expand MUMBAI: The world’s largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees. Amazon.com Inc said on Wednesday it will invest $2 billion to expand its Indian business, a ...

Glasgow: Star grappler Sushil Kumar says the gold medal bout against Pakistan’s Qamar Abbas was a cake walk for him and he predicted India’s further domination in wrestling arena at the ongoing Commonwealth Games.Abbas could not endure Sushil even ...

New Delhi: Moeen Ali could face a disciplinary charge after he was pictured wearing wristbands saying ‘save Gaza’ and ‘Free Palestine’ while batting on Monday.According to daily mail, the International Cricket Council (ICC) ...

Hyderabad: YSR Congress Party (YSRCP) chief YS Jaganmohan Reddy today requested the Centre’s intervention for ensuring the safe return of Indian nationals stranded in strife-hit Libya.In a letter to External Affairs Minister Sushma Swaraj, ...