At 3.45 p.m. on May 11, 1998, India stunned the world by testing three nuclear devices at Pokhran in Rajasthan.
1997: Dream Budget A weak United Front government was not expected to bite the bullet and push through bold policy reforms.
1996: The world's back office Back in 1994, when Gurgaon was just a sleepy hamlet in Haryana, American
Express set up a processing centre in India to service its Asia-Pacific
2001: The big bull's nemesis Ketan Parekh was the Pied Piper of Dalal Street. The man with the Midas touch, revered by brokers and investors alike.
2000: Dot gone Domain name registration became a big business as dotcoms of all hues mushroomed.
1999: India Inc on Wall Street Back in 1999, Infosys Technologies had revenues of just $100 million and
employed about 3,700 people. In March that year, it became the first
Indian company to be listed on an American stock exchange when it
debuted on the Nasdaq.
2004: Brothers up in arms Dalal Street had been abuzz with rumours of a rift between the Ambani brothers after their father's death in 2002.
2003: The budget airline boom Despite the setback and some lingering concerns about the safety
procedures on its aircraft, Captain G.R. Gopinath's Air Deccan went
ahead with its expansion plans and introduced flights on several routes.
2002: Dhirubhai's Legacy From a small trader of polyester yarn in the 1960s, who started the
business with just Rs 15,000, to creating a petrochemicals giant, it was
a meteoric rise for Dhirubhai.
2010: Scams, Scandals and Shame If there were two words to describe 2010, they would be graft and grime. You had Lalit Modi, land scams, Suresh Kalmadi and Niira Radia prove that honesty in public life was a distant dream.
2007: BSE Sensex crosses 20,000 The Bombay Stock Exchange's 30-share Sensitive Index, or Sensex, which
had taken a little over two decades to cross 10,000 in February 2006,
doubled in just 20 months.
2006: The Battle for Singur Singur was a nondescript town in West Bengal till Tata Motors chose it
as the manufacturing location for its small car, the Nano, in May 2006.
2005: Offshoring goes mainstream The world got Bangalored in 2005. By 2004, there were three Indian IT
services companies with billion-dollar revenues - TCS, Infosys and
2009: Satyam Scandal At nearly Rs 8,000 crore, the Satyam scam was among the biggest in
corporate India and tarred the image of the snow white IT industry.
2008: 26/11 On November 26, 2008, Mumbai stopped for almost four days, although train services were resumed within six hours of the attacks on CST.
1995: Mobile services come calling Two politicians - West Bengal Chief Minister Jyoti Basu and Union
Communications Minister Sukh Ram - were the first official users of
cellphones in India.
1994: Market makeover The National Stock Exchange (NSE) launched its operations which went on
to change the face of the markets by ushering in technology-based
1993: An IPO that flew; and how Infosys Technologies, today the bellwether IT stock in India, was far from a favoured pick 18 years ago.
1992: The Securities Scam At 37, Harshad Mehta had everything going for him. The New India
Assurance employee-turned stockbroker was living in a 15,000 sq.ft.
plush apartment with a swimming pool in up-market Worli.
1991: Unshackling the economy A comatose economy and a deep fiscal crisis. It was a mountain to climb for the Cambridge-educated former bureaucrat Manmohan Singh, when he rose to present India's Budget on July 24, 1991.
Destiny child turns 20 Savour the highs and the lows, the hits and the misses. We hope you
enjoy it as much as the team that put it together.