UN offices around the world lowered their flags to half-mast and staff held a minute’s silence to mourn more than 100 UN aid workers killed in Israel’s attacks in Gaza 102 aid workers with the United Nations Relief and Works Agency for Palestinian Refugees were killed and 27 others were injured in the Palestinian enclave in Israel’s month-old relentless attacks […]

It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan’s commercial flight connecting Kol­kata and Jamshedpur, and release of Russi Lala’s new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed […]

‘The fact still remains that we will have to deliver, so the pressure is now on us to make sure we get our resources, our supplies lined up at acceptable costs.’ Larsen & Toubro (L&T) has reported a new high in terms of order book and order inflows for the September quarter. R Shankar Raman, the chief financial officer and […]

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders react to a New York Federal Reserve report showing a modest decrease in consumer inflation expectations, sparking optimism the Us Fed is done raising interest rates. Asian markets closed mixed on Monday. Traders also cautiously await the US Labor Department’s crucial […]

New residential construction in the U.S. unexpectedly increased in the month of October, according to a report released by the Commerce Department on Friday. The report said housing starts jumped by 1.9 percent to an annual rate of 1.372 million in October after surging by 3.1 percent to a downwardly revised rate of 1.346 million in September. Economists had expected […]

‘India is the sixth-largest market for the Kia Corporation, and contributes 8 to 9 per cent to our global sales.’‘We are eyeing 10 per cent market share over the next few years depending on customer demand and new product innovations.’ In the context of India’s thriving automotive sector, Tae-Jin Park, CEO of Kia India, shared a comprehensive overview of the […]

A report released by the Commerce Department on Wednesday showed retail sales in the U.S. edged slightly lower in the month of October. The Commerce Department said retail sales slipped by 0.1 percent in October after advancing by an upwardly revised 0.9 percent in September. Economists had expected retail sales to dip by 0.3 percent compared to the 0.7 percent […]

‘A few years back two big politicians — both good friends of mine — came to me and offered (to keep with) me big money. They said they had full faith in me and they wanted to keep Rs 10,000 crore-Rs 15,000 crore with us.’ On the passing of Subrata Roy, we excerpt his most detailed interview, from Sahara: The […]