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Rediff.com, stylized as rediff.com, is an Indian news, information, entertainment, and shopping website. Founded by Ajit Balakrishnan in 1996, it was the first Indian website to become a mainstream news media organization. [2] [3] Rediff.com is headquartered in Mumbai with offices in Bangalore, New Delhi, and New York City. [citation needed]
Ajit Balakrishnan is an Indian entrepreneur, business executive and administrator. [1] He is the founder, current chairman and chief executive officer of Rediff.com, an internet company based in Mumbai. [2] [3] He was chairman of the Board of Governors of Indian Institute of Management Calcutta (IIM Calcutta) for two five-year terms ending in ...
Crashes of 2007. During the financial crisis of 2007–2008, the stock markets in India fell on several occasions in 2007 as well as 2008. In 2007, there were five sharp falls in the stock markets. 2 April 2007: The Sensex fell by 617 points to 12,455 though during the course of the day, it fell further.
In India, black money is funds earned on the black market, on which income and other taxes have not been paid. Also, the unaccounted money that is concealed from the tax administrator is called black money. The black money is accumulated by the criminals, smugglers, and tax-evaders. Around ₹22,000 crores are supposed [citation needed] to have ...
The history of money is the development over time of systems for the exchange, storage, and measurement of wealth. Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter . Money may take a physical form as in coins and notes, or may exist as a written or electronic account.
Anil Agarwal (industrialist) Anil Agarwal (born 1953 or 1954 [1] ), known professionally as " metal king ," is an Indian billionaire businessman who is the founder and chairman of Vedanta Resources Limited. [2] [3] He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business.
Timeline of the top 5 countries. The five countries with the largest foreign exchange reserves almost all have reserves of at least 500 billion USD and higher and have maintained such an amount for at least a week. At present there are only six countries whose reserves are at such a figure; this includes China, Japan, Switzerland, India, Russia ...
Etymology. The term Sensex was coined by Deepak Mohoni, a stock market analyst in 1989. BSE Sensitive Index then was at about 750 points. Sensex is a portmanteau of the words Sensitive and Index. . Calculation. The BSE has some reviews and modifies its composition to be sure it reflects current market conditions. The index is calculated based on a free float capitalisation method, a variation ...