virendra pandit

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Wealth creators: ‘Infosys fastest, RIL biggest, KMB most consistent’

December 23, 2020 virendra pandit 0

Virendra Pandit Mumbai: Information technology bellwether Infosys has been the fastest, RIL the biggest, and Kotak Mahindra Bank (KMB) the most consistent wealth creators in India between 1995 and 2020, a study has revealed. KMB is also the Top All-Round Wealth Creators—adding up the fastest, biggest and consistent ranks, according to the Motilal Oswal Financial […]

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Wealth: Reliance biggest creator at Rs.6.3 trillion since 1995

December 22, 2020 virendra pandit 0

Mumbai: Reliance Industries Ltd (RIL) has emerged as the biggest wealth creator in India, to the tune of Rs. 6.3 trillion since 1995, followed by Hindustan Unilever, at Rs.4.9 trillion, a market study said. RIL, which began as a yarn trading company, has grown to become the biggest wealth creator over the last 25 years, […]

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IPTO in offing: Trump awards Modi, Quad partners; Biden to follow up

December 22, 2020 virendra pandit 0

Virendra Pandit New Delhi: By awarding his three Quad partners, including Prime Minister Narendra Modi, a month before he leaves the White House, outgoing US President Donald Trump may have laid the foundation of an Asian version of NATO. On Monday, US National Security Advisor Robert O’ Brian presented the prestigious Legion of Merit awards […]

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COVID-19: US Cong’ timely $900 bn package saves world markets

December 22, 2020 virendra pandit 0

Virendra Pandit New Delhi: Even as the fresh strain of COVID-19 spread through half-a-dozen countries in the last few days, the US Congress approved a humongous USD 900 billion packages on Monday to assuage market sentiments across geographies, a day after bourses tanked in many nations following reports of new restrictions imposed in Britain, South […]

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A new crisis? Stock markets tank as mutant Covid-19 strikes Europe

December 21, 2020 virendra pandit 0

Virendra Pandit New Delhi: A day after India’s Covid-19 caseload crossed the 10 million mark amid hopes of vaccination to start in January, Europe reported a fresh, super-spreader coronavirus strain (variant) striking the United Kingdom and spreading to other nations, as countries began to take steps to stop aviation, cancel Christmas, and mull fresh lockdowns. […]

देश-विदेश

Roving Periscope: China faces Xinjiang heat in European Parliament

December 21, 2020 virendra pandit 0

Virendra Pandit New Delhi: The European Parliament (EP)’s recent resolution on forced labor and the condition of the Uyghurs in the Xinjiang Uyghur Autonomous Region (XUAR) has jeopardized China’s plans to sign investment deals with the European Union (EU) member-states. The EP’s December 18 resolution came soon after media reports surfaced that about half-a-million Uighur […]

देश-विदेश

Roving Periscope: How the Saudis are changing Arabian education?

December 19, 2020 virendra pandit 0

Virendra Pandit New Delhi: At a time when relatively liberal Muslim countries, like Turkey, have turned hardliners and the 57-nation Organization of Islamic Cooperation (OIC) is falling apart into the Arab and non-Arab camps, their religious leader, Saudi Arabia, is silently introducing far-reaching transformation within the conservative kingdom. Not only are the Saudis, indeed all […]

Uday-Kotak-Founder-of-Kotak-Mahindra-Bank

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Banking: Quitting cricket made Kotak world’s richest banker, at $16 bn

December 19, 2020 virendra pandit 0

Mumbai: He wanted to be a professional cricket player but an accident ‘forced’ him to become the world’s richest banker instead, with a fortune of USD 16 billion (Rs. 1,177,713 crore). Uday Kotak, then 20, had to abandon his dream in 1979 when he had to undergo emergency surgery after being hit by a ball […]

व्यापार

Energy: Reliance, bp announce first gas from Asia’s deepest project

December 18, 2020 virendra pandit 0

Mumbai: Reliance Industries Ltd (RIL) and bp, on Friday, announced the start of production from the R Cluster, an ultra-deep-water gas field in block KG D6 off the east coast of India. RIL and bp (BP Plc, formerly British Petroleum) are developing three deep-water gas projects in block KG D6 – R Cluster, Satellites Cluster, […]

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COVID-19 vaccine: 80% volunteers refuse Phase-III trials for Covaxin

December 18, 2020 virendra pandit 0

Virendra Pandit New Delhi: Even as the world is anxiously waiting for large-scale vaccination against the COVID-19 pandemic, the Phase-III trials for an Indian vaccine candidate—Covaxin—have run into rough weather as 70-80 percent of volunteers have refused to undertake this last-mile exercise. These trials were expected to be completed by the end of December 2020 […]