While they have restructured loans, there is still question mark over the success of such a work-out
Some may lose competitiveness due to higher compliance costs
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
New Development Bank plans to issue $300-500 mn worth masala bonds in rupee: K V Kamath.
This amount is just about 10% of the previous IDS
No mention of cab aggregators in GST bills
Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.
States should have enough time. We still do not know the rules. There are a lot of operational difficulties, says Jammu and Kashmir Finance Minister Haseeb Drabu.
They are evaluating realignment of warehouses and supply chains, besides exploring locations to set up hubs and shutting down some distribution centres
After acquiring Grama Vidiyal Microfinance last year, IDFC Bank is looking for opportunities to strengthen its retail capabilities, says Rajiv Lall, its chief,
This can mean companies like Apple, Zara can sell in India through wholly-owned subsidiaries
March requires 20% jump to meet year's goal; CBDT chief tells staff to sweat it out to meet target
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
'He is positive and likes to get work done,' is how a retired bureaucrat described him. 'I assume he will push the reform agenda with strength.'
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
Major focus will be on adequately funding existing schemes to ensure their timely completion before the next General Elections.
Fresh PoEM guidelines will affect pharma, energy, automobiles, manufacturing and software companies.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
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