My Scribles

India is no longer the world's fastest growing large economy. Recent data released by the government indicates that while full-year growth for 2016-17 came in at a respectable 7.1 percent, fourth-quarter GDP grew at 6.1 per cent, lower than China's in the same quarter. For the Indian government that relied on the tag of 'fastest growing economy' to attract investments in the country, it will now need a new qualifier while pitching India to potential investors. While reports are quick to blame the Narendra Modi Government for its demonetisation that withdrew 86 per cent of the country's currency from circulation, former PM Manmohan Singh had stated in the Parliament at the time that the move might dent growth by two percentage points or more. However, India's economy was slowing down much before PM Modi implemented the currency demonetisation last November, reports The Economic Times. Growth in gross value added output as measured from the economy's

Lulu to build AED1bn green mall in Dubai Silicon Oasis https://www.linkedin.com/pulse/lulu-build-aed1bn-green-mall-dubai-silicon-oasis-mustafa-rizk-msc-

Idea Cellular Ltd and Vodafone India announced a merger on Monday to form the largest telecommunication company in India. A filing with the Bombay Stock Exchange said Vodafone will hold 45 percent in the combined entity while 26 percent will be with Idea promoters. Apart from the two, AB Group will have the right to buy 9.5 percent stake at Rs 130 per share, according to the filing. According to an earlier report by brokerage firm CLSA, the merged entity will have revenues of over Rs 80,000 crore. The combined entity will have 43 percent revenue market share and a 40 percent active subscriber base. The behemoth will account for over 25 percent of allocated spectrum and will have to sell about 1 percent to comply with spectrum cap norms. It will be an all-share merger of Vodafone India (excluding Vodafone's 42 percent stake in Indus Towers) and Idea. The merger will be effected through the issue of new shares in Idea to Vodafone and would result in Vodafone deconsolidating Vodafo

The Indian Railways decision to introduce demand-based dynamic fares for its premium trains — 42 Rajdhanis, 46 Shatabdis and 54 Duranto trains across the country — has resulted in fares sometimes being on par with those for air travel. One result is that the Mumbai Central–New Delhi Rajdhani Express, train 12951, has been running with a large number of empty berths. This is pushing the Railway ministry to reevaluate the strategy. The Railways borrowed the dynamic fare system from he airlines, and introduced it with premium trains. Under the Railways version of the system, the first 10% of the tickets are sold at the base fare, and beyond that, fares are increased based on demand. For example, on March 10 and 11, a Mumbai–Delhi Rajdhani AC two-tier ticket was ₹4,105 (from a base fare of ₹2,870) and AC three-tier went up to ₹2,760 (base fare ₹2,085). In February 2017, the Mumbai Rajdhani carried 34,428 passengers (889 in the First Class AC compartments, 7,948 in Second AC, 25,591 in

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The 53-year-old new boss of the $100 billion Tata conglomerate has been described as a Tata lifer, with his entire career spent with the group starting 1987, when he joined fresh out of college. So began a three-decade journey from an intern at Tata Consultancy Services or TCS, to the head of the company and now chairman of the group. He is also a marathon runner. Mr Chandrasekaran will be the first non-Parsi to lead the 150-year-old group. He will take over as chairman of Tata Sons, the group's holding company, on February 21, 2017, from Ratan Tata who served as interim chairman since October when Cyrus Mistry was ousted from the post. "Congratulations, Chandra. You are now custodian of an Indian Icon. You have broad enough shoulders to assume that responsibility!" tweeted executive chairman of Mahindra group, Anand Mahindra. In 2009, Mr Chandrasekaran took over as the CEO of India's biggest outsourcer. Under Mr Chandrasekaran's leadership, the revenues

Om Puri, acting powerhouse, has died at 66 in Mumbai after a heart attack. He was known for his under-played performances and searing intensity. Mr Puri, who was born in 1950 to a Punjabi family living in Haryana, studied acting at the famous Film and Television Institute of India, Pune. Before that, he was a student at Delhi's National School of Drama. His classmates included Naseeruddin Shah, who, like Mr Puri, took lead roles in non-commercial films to start with and played the protagonist in powerful films that depicted class warfare and the common man's fight for survival amid unrelenting corruption. Om Puri studied acting at Film and Television Institute of India in Pune and National School of Drama in Delhi. Mr Puri began his acting career with a Marathi film in the mid-70s. Through the 80s, he was an integral part of the talent in ground-breaking art cinema along with actors like Smita Patil, Shabana Azmi and Naseeruddin Shah. Mr Puri won the National Film Awa

New Year have been born and 2016 have passed into the History . A Remarkable year have left by personally and Professional for me . Year in which i met my life partner and got married . Year which enabled me to earn my UAE driving license . Year which had given me lot of opportunity and life experience . best experience is to lead a happy life when thing around you are not going smooth and fine . Struggled a lot with delay in salary from the old company. thankfully god delivered his plan on right time in off of a new job offer in a matter of minutes before i was about the renew the contract with the old company . God plans were awesome . Thanks and Praise to the almighty for the wonderful year and for all the success , achievement, difficulties , happiness , Enjoyment , anxiety he has given me during the Year . 2016 is the YEar which will be remembered for the Trumps Triumph in US presidential Election overcoming the Hillary clinton who was most expected by the entire media