EICHER Motors on Thursday (12) announced that Vinod K Dasari, the chief executive of motorcycle manufacturing major Royal Enfield (RE), has decided to step down. He has also resigned as the director of Eicher Motors Ltd, the parent company of RE. The resignation will be effective from Friday (13). Dasari…
THE weather gods continued to dominate the ongoing England-India Test series as the first day of the second Test at Lord’s was disrupted by downpours. Early lunch was taken after India reached 46 for no loss after 18.4 overs after England captain Joe Root won the toss and sent the…
INDIA captain Virat Kohli said his team had no one to blame but themselves after both they and England were docked two World Test Championship points each for maintaining a slow over-rate in their rain-marred drawn series opener at Nottingham last week. Both teams were also fined 40 per cent…
INDIA cannot become the world’s next factory by copying China, Amitabh Kant, the chief executive officer of the Narendra Modi government’s think-tank on public policy Niti Aayog said on Thursday (12). He stressed that the country needs to find itself in the sunrise areas of growth if it aspires to…
JAIRAM Thakur, the chief minister of the northern Indian state of Himachal Pradesh, on Thursday (11) visited the site in the state’s Kinnaur district which saw a devastating landslide. The death toll on the day went up to 14 after four more bodies were found during the rescue operation, news…
RECENT regulatory crackdowns in China have seen funds getting redirected from there to India, the United States and other emerging markets, according to veteran American investor Mark Mobius. Speaking to Reuters Global Markets Forum (GMF) on Tuesday (10), Mobius, emerging markets fund manager and founder of Mobius Capital Partners, said.…
INDIAN conglomerate Reliance Industries is weighing a bid for Deutsche Telekom AG’s Netherlands subsidiary, news agency Bloomberg reported quoting sources. Reliance is working with an adviser to evaluate an offer for T-Mobile Netherlands BV. Deutsche Telekom is seeking about €5 billion (£4.2bn) in any sale, people familiar with the development…
ZIMBABWE has entered into a joint-venture agreement worth $1.3 billion (£939 million) with Britain-based Coven Energy to set up a fuel pipeline from the port city of Beira in the neighbouring Mozambique to its capital Harare, the country’s information ministry said on Wednesday (11), AFP reported. Monica Mutsvangwa, the southern…
AT least 15 crore (150 million) children and youth in India have gone out of the country’s formal education system while roughly about 25 crore (250 million) people are below the primary definition of literacy, the country’s education minister Dharmendra Pradhan on Thursday (12) said. Addressing a session on “Job…
THE Indian Space Research Organisation’s (Isro) second mission of the year to place an earth observation satellite by a GSLV rocket experienced a setback as the mission could not be completed because of a performance anomaly in the cryogenic stage of the rocket, the space agency said on Thursday (12).…