ONGC, Hindustan Petroleum, Bharat Petroleum, Indian Oil and Oil India listed the spending as part of their mandatory CSR commitment, but CAG noted that the Sardar Patel statue did not qualify for CSR funding.
Coalition governments aren't necessarily a negative for the economy, though they can result in negative outcomes in the stock market if not already priced in before elections.
The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.
The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.
Interception of electronic communication should also be covered in the powers being sought, the report said.
Companies that have a net worth of at least Rs 500 crore, a turnover of Rs 1,000 crore or a net profit of Rs 5 crore are required to spend 2 per cent of their net profits on corporate social responsibility programmes.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
Insurer has also made fresh investments since December 2015 quarter when RBI told banks to recognise bad loans
Sebi had given an extension last year for PSUs to meet 25% minimum public shareholding rule
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Vikram Kothari's Rotomac stares at a loan default of Rs 369 crore
Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
As the 2019 election draws near, investors focus on long-dated options.
This was the companies' highest loss in two years.
With more firms now offering stock options to their chief executives, the salaries of these managers are sky-rocketing.
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
Wealth management seems to have moved from family office solutions to CXO office solutions.
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