Sahara says awaiting further clarity on issue from regulator, suggests 'human error' or investor confusion led to mismatch.
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
While the motives of the Bill are of course laudable, there is every likelihood that the consequences of its passage will be dire.
The value of the index, adjusted from its all-time high for the relative loss in the rupee's value, is close to sub-10,000 levels.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
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Instead of tinkering with roaming, the circle system should be ended.
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
After 2015, all re-structured assets will be treated on a par with non-performing assets, requiring the same level of provisioning.
A few states are already running their own schemes for providing free drugs from the government health centres.
Markets regulator remains silent but could probe possible violations of takeover code or under fraudulent trade practices, say lawyers.
The regulator acted on the basis of a June 2011 complaint from the Office of the Directorate of Income Tax.
In 2011-12, India imported Rs 52,400-crore (Rs 524 billion) worth of telecom equipment; most estimates are that the figure in 2012-13 will match or even cross that number.
While write-off will push up its debt equity ratio, decline in equity will push up return ratios.
Takao replaced Haruhiko Kuroda, who had, in March, quit ADB to take charge as Japan's central bank governor.
PE firms are looking at various ways to protect their nominee directors.
With recruitment numbers having dropped off sharply since the liberalisation process got under way in 1991, large-scale retirements of people hired during the 1970s and 1980s will leave large gaps in the organisational structures of these banks.
In most circumstances, this would have been the cause for widespread handwringing and lamentation. But in today's India, the response was more one of relief than one of shock.
RBI norms on foreign control of corporations will clear the air.
Cyprus, in accordance with the conditions set by the International Monetary Fund and European Union for a Euro 10-billion bailout package, had agreed to impose a tax on bank deposits in the country.
The BRICS bank is simply too expensive a proposition for a group of developing countries that includes many who are already overspending domestically.
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