F.C. Kohli at the Gateway of India, Mumbai
F.C. Kohli at the Gateway of India, Mumbai

The house that Faqir Chand Kohli built

  • The inside story of the moves and strategic vision that led to the birth of India’s software industry
  • Kohli’s out-of-the-box thinking made TCS the first Indian software and services company to set up an overseas unit in New York. Over time, it would become a global IT giant

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Photo: Mint

Economy could normalize faster than anticipated

The Indian economy shrank 7.5% in Q2 of the current financial year, a pleasant surprise given the expectations of a 9-11% contraction. While some have attributed this to pent-up demand and festival sales, others see it as part of normalization of economic activity. Mint explores.

Revenue growth in the auto component industry has also got a lift due to the rise in replacement demand. (Anindito Mukherjee/Reuters)
The six-member Monetary Policy Committee (MPC) is scheduled to meet for two days starting 2 December.
The six-member Monetary Policy Committee (MPC) is scheduled to meet for two days starting 2 December.

Eye on inflation, RBI likely to keep policy rates unchanged

  • Inflation has been a nagging concern. RBI had earlier projected consumer price inflation (CPI) at 6.8% for the second quarter and 5.4-4.5% for the second half of fiscal 2021. This is likely to see an upward revision, as per economists

**EDS: TWITTER IMAGE POSTED BY @narendramodi** Pune: View of Serum Institute of India, during Prime Minister Narendra Modi's 3 city visit to review COVID-19 vaccine development work, in Pune, Saturday, Nov. 28, 2020. (PTI Photo)(PTI28-11-2020_000235B) (PTI)
**EDS: TWITTER IMAGE POSTED BY @narendramodi** Pune: View of Serum Institute of India, during Prime Minister Narendra Modi's 3 city visit to review COVID-19 vaccine development work, in Pune, Saturday, Nov. 28, 2020. (PTI Photo)(PTI28-11-2020_000235B) (PTI)

SII to seek 100 cr in damages from participant claiming vaccine side-effect

The statement follows a legal notice seeking 5 crore in damages sent by the advocate of a 40-year-old participant from Chennai

The pace of funding is likely to pick up in Dec as more funds from South-East, West Asia are coming back (Mint)

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View of Serum Institute of India (PTI)
Photo: Bloomberg
Shares of Jubilant Life Sciences closed at  ₹719 per scrip on BSE (Photo: Mint)
Billionaire Gautam Adani. (Reuters)
Parliament kicked off a five-day battle over May’s Brexit plan with a show of force
Parliament kicked off a five-day battle over May’s Brexit plan with a show of force

UK says Brexit trade talks with EU are in their 'last week'

  • Talks have already slipped past the mid-November date long set as a deadline for agreement to be reached
  • EU countries want their boats to be able to keep fishing in British waters, while the UK insists it must control access and quotas

Prime Minister Narendra Modi. (PTI)
The new Moto G9 Plus
Surjeet S Phul, President, BKU Krantikari (Punjab) addressing the media on the ongoing farmers' protest (ANI)
Surjeet S Phul, President, BKU Krantikari (Punjab) addressing the media on the ongoing farmers' protest (ANI)

'Will gherao 5 main entry points to Delhi,' says farmer leader

  • 'We've got 4 months ration with us, so nothing to worry. Our Operations Committee will decide everything,' says Surjeet S Phul, President, BKU Krantikari (Punjab)
  • 'They (farmers) should leave agitation and choose talks,' said Union Agriculture Min Narendra Tomar

Amit Shah.
Punjab Chief Minister Amarinder Singh  (PTI)
South Korea has been one of the world's coronavirus mitigation success stories but spikes in infections have reappeared relentlessly (AP)
South Korea has been one of the world's coronavirus mitigation success stories but spikes in infections have reappeared relentlessly (AP)

South Korea bans year-end parties, some music lessons, as virus spikes again

  • Authorities reported 450 new infections on Sunday after more than 500 cases were recorded for three days in a row
  • Saunas and steam-bath rooms with a high risk of mass infection would also be banned as would the teaching of wind musical instruments and singing

Photo: iStock
Prime Minister Narendra Modi. (Photo: PTI)
Prime Minister Narendra Modi. (Photo: PTI)

Amid farmers' protests, PM Modi hails new farm laws

  • Farmers from Punjab, Haryana, and western Uttar Pradesh have continued to protest against the laws since September when they were passed, despite repeated assurances by the union government and appeals to come to the table for talks

A newspaper vendor rides a bicycle, in New Delhi, Sunday (PTI)
Representational image  (AP)
File Photo: Elon Musk  (AFP)
Glenmark will divest its Momat Rino brand in Russia, Kazakhstan and Uzbekistan, while it will sell Momat A in Kazakhstan and Uzbekistan. (Photo: Pradeep Gaur/Mint)
(Photo: Reuters)
Drivers of Uber and Ola walk next to their parked vehicle's during a protest in New Delhi, India, February 14, 2017. REUTERS/Adnan Abidi/File Photo (REUTERS)
Drivers of Uber and Ola walk next to their parked vehicle's during a protest in New Delhi, India, February 14, 2017. REUTERS/Adnan Abidi/File Photo (REUTERS)

Uber eyes bigger slice of electric vehicle space

Uber plans to continue to partner with original equipment manufacturers (OEMs), EV infrastructure firms for charging and battery swapping, and fleets and financiers to make green-powered automobiles both ‘accessible and affordable’

RIL's market valuation tumbled by  ₹60,829.21 crore to  ₹12,23,416.97 crore.
Jill Biden has been a political wife the entire time she's been married to Joe Biden (REUTERS)
BMC health workers collect swab sample from people for COVID-19 testing in Mumbai on Saturday. (ANI)
Saudi Arabia deputy health minister said earlier this month that the kingdom is working on a plan to obtain sufficient amounts of coronavirus vaccines. (REUTERS)
Saudi Arabia deputy health minister said earlier this month that the kingdom is working on a plan to obtain sufficient amounts of coronavirus vaccines. (REUTERS)

Saudi Pharma in talks with Germany’s CureVac for Covid-19 shot

  • The availability of the vaccine is subject to approval from the kingdom’s Ministry of Health and the Food and Drug Authority, Saudi Pharma said
  • CureVac’s coronavirus vaccine showed a good immune response in early trials

Pumping in a whopping  ₹62,951 crore into Indian markets, foreign portfolio investors (FPI) were the net buyers for the second consecutive month in November (AFP)
Amit Shah offers prayer at Bhagyalakshmi Temple in Old City, Hyderabad.
Prime Minister Narendra Modi being briefed during a visit to the Bharat Biotech facility to review the development of indigenous COVID-19 vaccine candidate Covaxin, on the outskirts of Hyderabad, Saturday (PTI)
Prime Minister Narendra Modi being briefed during a visit to the Bharat Biotech facility to review the development of indigenous COVID-19 vaccine candidate Covaxin, on the outskirts of Hyderabad, Saturday (PTI)

Modi's Hyderabad visit: KCR should have been invited, says KTR

  • The TRS leader said Modi's visit to the Bharat Biotech facility reaffirms and endorses the fact that Hyderabad is a vaccine capital of the world
  • Prime Minister and Chief Ministers are not individuals but institutions, and they need to be respected by each other, says K.T. Rama Rao

Photo: Mint
Prime Minister Narendra Modi. (PTI)
Prime Minister Narendra Modi. (PTI)

Read PM Modi's reply to Class 6 student who made his sketch

  • Prime Minister Narendra Modi lauded his 'exceptional art talent' after receiving his sketch from him
  • Ajay Dake sent a sketch of PM Modi along with his letter. To his surprise, he received a reply and his happiness knew no bounds

Poonawalla said there were detailed discussions during the Prime Minister's visit. (@adarpoonawalla)
41,810 new confirmed cases of coronavirus have been registered in the last 24 hours in the country. (REUTERS)
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