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IIT Delhi | Photo: Commons

Fundraisers who helped Harvard, Stanford could now work for IIT-Delhi endowment fund

The IIT-Delhi endowment fund has an initial commitment of Rs 250 crore from its alumni and nearly 20 corporate leaders who were part of the institute.

These new Indian billionaires are racing ahead as the old ones are fading away

Number of billionaires in India more than doubled to 119 between 2013 & 2018 & the country will lead global growth in ultrahigh net worth individuals.
Kalyan Krishnamurthy | Dhiraj Singh/Bloomberg

On extramarital affairs, Flipkart & Walmart had very different points of view

Allegations against Binny Bansal arose just after Flipkart agreed to sell a controlling stake to Walmart.
Binny Bansal

End of the era of Bansals as #MeToo strikes Binny

Your daily news capsule.
File image of Binny Bansal | Namas Bhojani/Bloomberg

Binny Bansal’s ‘consensual affair’ is an embarrassment for Walmart in India

Binny Bansal stepped down immediately after an independent probe into the allegations.
Binny Bansal

Flipkart CEO Binny Bansal quits after allegations of serious personal misconduct: Walmart

Walmart said that Bansal resigned as the CEO of Flipkart Group after an independent investigation into the allegations.
Mukesh Ambani

Mukesh Ambani’s RIL takes on Amazon, Walmart in e-commerce battle

Outlining the plan at RIL AGM, Mukesh Ambani says the effort will involve the group’s Reliance Retail and Reliance Jio.

On Camera

Indian lawsuits allege former Wirecard COO played key role in deals later mired in disputes

The suits allege Marsalek took part in negotiations leading to the acquisition of Hermes by a Mauritius-based private equity fund in 2015.

Defence

Prime Minister Narendra Modi meets soldiers who were injured in Galwan Valley clash, during his visit to Ladakh, in Leh on 3 July 2020 | ANI

Modi dares China, tells Indian Army ‘our enemies have seen your fire and fury’

China sees Modi’s visit as an attempt to ‘escalate’ the situation. Experts say the visit was a powerful message to China to not escalate the matter.
Illustration by Soham Sen | ThePrint

India must believe threat of war is real, even if Chinese build-up is coercive diplomacy

India invented coercive diplomacy with Op Parakram. But unlike Pakistan back then, it must never blink, be prepared for war, and wear out the Chinese.