Mary Kom: Sarita Devi has all my support
It was a day of tears in the boxing arena at the Asian Games in Incheon, South Korea. Some happy, some sad. While the indomitable Mary Kom added yet another gold in her glittering career, compatriot Sarita Devi refused to accept her bronze after losing a controversial fight. Kom wiped her tears,... read more »
Three reasons why bad loans are a bigger challenge than inflation for RBI
The fourth bi-monthly monetary policy announcement of Raghuram Govinda Rajan on Tuesday, as expected, was a non-event — both for the financial markets and for the common man. A status-quo in rates doesn’t have any immediate implication on bank lending rates. Rajan kept the key lending rate,... read more »
RCom to cut debt to below Rs 20,000 cr over 2 years; 4G roll-out in 2015
umbai: Reliance Communications today said it plans to reduce its debt to below Rs 20,000 crore in the next couple of years and also will roll out 4G services by next fiscal. “We will participate in auctions next year and will be in a position to launch 4G services in 2015,” Reliance... read more »
Vijay Mallya Gets Shareholders’ Nod to Continue as USL Chairman
Liquor baron Vijay Mallya has been re-elected as non-executive director and chairman of United Spirits at the annual general meeting of the liquor major. Following a reduction in its shareholding in USL, United Breweries (Holdings) Ltd (UBHL), promoted by Mallya, is no longer entitled to recommend... read more »
