For the second year in a row, India has been recognised as the fifth-best performing nation in reforming the business environment. However, in the two categories that the government was banking on most - "Paying Taxes" and "Resolving Insolvency" - landmark reforms that were expected to yield better results have had the opposite effect. Under the circumstances should the country celebrate already or are there any reasons for worry, wonders Subhayan Chakraborty.
Navratri and Onam saw flat sales, but industry hopes to turn the corner with a cracker of a Diwali.
Tata Motors, however, will not be able to meet this small demand and keep the Nano alive from October next year, when safety regulations for existing car models kick in.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs
Scooters, once the fastest growing sub-segment, also declined for the second consecutive month in September.
Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms
'Curbs will again lead to the grey market developing, undoing all the work done over the last two-and-a-half years.'
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
The data shows the average room rate of two-star hotels increased by 8.5 per cent in FY18, even though it lagged on occupancy at 61.8 per cent, down 1.4 per cent year-on-year
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
This e-series funding round also makes OYO the most valued hospitality company in the country, ahead of the Tata group's Indian Hotels Company, which owns the Taj brand of hotels, and EIH, which owns the Oberoi brand of hotels.
So far, the current year has not been great for the leading car exporters from India. In the top five list of exporters -- Hyundai, Ford, Maruti Suzuki, General Motors and Volkswagen -- it is only Hyundai which is clocking a growth.
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
The US side had pushed for removal of price caps on medical equipment such as coronary stents and a commitment by India to reduce trade imbalance
Export trade during August 2018 recorded at $27.84 billion, a positive growth of 19.21 per cent, tweeted Prabhu.
The carmaker has sought 1,292 acres at Industrial Model Township, Sohna, 25km from Gurugram.
A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.
Of the 23 million visas processed by VFS in 2017 calendar year, one fifth were in India, making it the company's biggest market.
The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.
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