NEW DELHI: The concept of value investing has been advocated by legendary investors like Benjamin Graham and Warren Buffett, and is followed widely around the world. But it simply does not work in India. In a threadbare analysis, Ambit Capital...
The proposed development of Mumbai’s eastern seafront has moved a step ahead with the Board of Mumbai Port Trust (MbPT) on Tuesday appointing a consortium led by HCP Design, Planning & Management, Ahmedabad, as the consultant for the master...
Starbucks may be complaining of "global headwinds" but that did not stop the world's biggest coffee chain from reporting record annual profits. It made an operating income of almost $4.2bn (£3.4bn) for the year to 2 October, up 16% on...
Comprehensive aviation agreement will also resolve connectivity issues: EU transport commissioner The European Union’s Mobility and Transport Commissioner has invited India to explore a deeper engagement in civil aviation through a comprehensive aviation agreement, and also suggested the need for...
DUBAI: Qatar's Gulf International Services (GIS) said on Wednesday its business was unaffected by lower oil prices as the company's board recommended a cash dividend of 5.5 riyals ($1.5) per share for 2014. The diversified holding company with interests in...
On Sunday Theresa May will land in smoggy Delhi with a large entourage of diplomats, advisers, business people and press in tow. This is an important visit. It is the new British prime minister's first bilateral meeting outside Europe, the...
Noting that Oil and Natural Gas Corporation Ltd expects to start this investment in the Krishna-Godavari (KG) basin blocks in fiscal 2018 and finish by fiscal 2021, a Moody's Investor Service report said: "The huge capital outlay will be...
There just aren’t enough white-collar jobs in India for the country’s graduates. So increasingly, Indians fresh out of college with bachelor’s degrees are looking for blue-collar jobs. Some 40% of those eyeing profiles such as office assistants, drivers, bartenders, maids,...
The RBI has also lowered the forecast for India's growth to 7.1 per cent from an earlier 7.6 per cent. The sensitive index of the BSE which was ruling at around 26,334.79 points just ahead of the announcement, slipped...
More than £76bn was wiped off the value of Britain’s largest companies this week in the biggest stock market rout since the start of the year. The FTSE 100 index fell another 97.25 points to a seven-week low of 6693.26...

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