MUMBAI - The Nifty was unable to sustain gains after hitting a third consecutive record high earlier on Wednesday as investors booked profits in blue-chips such as Oil and Natural Gas Corp.
NEW DELHI - The World Bank's private-sector arm on Wednesday launched $2.5 billion, rupee-denominated bonds to fund infrastructure investments in India, the International Finance Corporation (IFC) said in a statement.
Despite the lip service Silicon Valley has given over the past couple of years to the need to recruit more women venture capitalists, at senior levels the gender balance hasn’t budged, even as other industries with poor gender diversity show improvements. The issue matters because women venture capitalists have a direct effect on success of companies other women launch, say female entrepreneurs. Article
Beleaguered India skipper Mahendra Singh Dhoni appears set to retain his test captaincy role - if he has the desire to continue - due to a sheer lack of alternative options to take on the job after yet another calamitous overseas tour. Full Article
We are now 500 days from the target date for the achievement of the Millennium Development Goals (MDGs). Taking stock of existing challenges, I believe we must take a renewed look at the issue of maternal and child health. These issues will pose one of the most significant tests in our pursuit of the MDGs. Column
Indian students in recent weeks have protested the use of English in the country’s difficult civil service examinations. The students, usually from Hindi-speaking regions of India, say that the exams reflect a class divide: if you speak and write English well, you are seen as part of the urban elite. If you do not, it’s because you are one of the disadvantaged, usually from smaller towns or villages. Full Article
As a growing online population increasingly turns to the web to look for discounts, coupon websites say customers are using discount vouchers for almost everything from baby diapers and television sets to body massages and five-star hotel stays. Industry watchers say the deals business will soon grow faster than India’s e-commerce industry. Full Article