Fixing the Indian Railways won't be easy. It connects the
entire country through 68,525 km of route track (in 2014), 12,961
passenger trains, and 8,637 freight trains. It also runs 125 hospitals,
586 polyclinics, 102 schools and sundry other initiatives.
The fact that the $8-billion Fosun Group was keen on the US market makes
the deal special, given that 62 per cent of Gland Pharma's revenues of
$169 million in 2015 came from the US, compared to 16 per cent from
India and the rest from other geographies.
The gravity of the situation can be gauged from the fact that at the end
of 2014/15, the amount stuck in different tax disputes (direct and
indirect taxes) at different levels of adjudication and appeals were
worth Rs 7.7 lakh crore. Of these, disputes related to direct taxes
alone accounted for Rs 6.15 lakh crore.
Five of the top 10 bestselling passenger car models of 2016/17 are UVs -
Hyundai Creta, Toyota Innova Crysta and Maruti Vitara Brezza. The
achievement is all the more impressive since auto sales have been tepid
for a number of years.
"We will ensure that the company which approaches us first for
exploration does not lose out. I'm unable to outline any structure at
this stage, because we are working on the legality of various options, says Atanu Chakraborty, Director General of Hydrocarbons (DGH).
This neatly designed headphone has essential controls such as
Bluetooth mode toggle, volume control buttons and a larger
multi-functional button for play/ pause, answering calls and initiating
Of the 20 million users of its massive open online courses (MOOCs), 1.6
million are Indians. Sonal Khetarpal talks to Julia Stiglitz, VP,
Coursera, the world's largest online learning provider. Excerpts: