It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.
Bentonville-based Walmart has also raised apprehensions about the ongoing probe by investigating agency Enforcement Directorate, said an internal note of the Department of Industrial Policy and Promotion.
The company will spend Rs 10,141 crore to buy 15.5 per cent stake from minority investors.
'Our target is to award Rs 25 lakh crore worth of projects that would result in creating 25 million jobs'
The growing interest in alternative sports is encouraging Ronnie Screwvala to extend the U Mumba brand from kabaddi to football and volleyball.
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.
Lenders say settlements will cross over 100 accounts in the March quarter.
The problem of stressed assets needs to be addressed with effective recovery.
MCX said it has no exposure to crisis-hit NSEL, which has to settle dues worth Rs 5,600 crore to investors after it suspended trading.
Modi said the push towards a gas-based economy where the share of environment-friendly fuel in the energy basket will be increased from 6.2 per cent to 15 per cent by 2030, will create lakhs of jobs and help meet India's COP-21 commitment of cutting emission intensity by 33-35 per cent.
Rationalisation in the rates offered by small savings schemes is a must.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
The Civil Aviation Ministry has submitted replies to the CVC on a series of allegations raised by Nishikant Dubey against the deal and clarified all concerns raised by him, official sources said.
In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.
With this win, Australia have now gained a 12-2 lead in the series. The team had already secured the Ashes in the first T20I.
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
Such a move, Obama argued would attract larger foreign direct investment to the US.
The Governing Council of the Champions League T20 tournament confirmed, on Wednesday, that the T20 cricket competition will be discontinued with immediate effect.
'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.
Foreign institutional investors (FIIs) are set to pump in more funds in debt securities, as the next government under the Bharatiya Janata Party (BJP) is expected to be a stable one and is seen as growth-oriented by market participants.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
SSTL is the second operator after Vodafone that has approached FIPB for raising FDI limit.
"The fact is that after 106 days of pre-trial incarceration there is not a single charge framed against me as I speak now," said Chidambaram, who is expected to attend the Rajya Sabha proceedings on Thursday.
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
Private sector firms need to be re-engaged for better infra planning.
'None of us has the right to tell Sreesanth what to do with his career and it is childish to expect him to hold the torch of our bogus cricket patriotism,' says Aakar Patel.
Cheap milk prices, rising fodder cost and the difficulties in buying new cattle and selling old ones on account of cow vigilantism have cast a triple shadow on this sunshine sector in Indian agriculture, reports Sanjeeb Mukherjee.
Formal announcement of venture into new segment on Thursday; group's entry timely, given the demand, say experts
News of all that transpired on and off the football field.
Corporatisation of NHAI was one of the achievements of the NDA govt.
The average rating was seven out of 10.
Higher levy on dividends earned by individuals also on radar.
Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.
'When the Americans are talking about colonising Mars by 2030, India cannot be lagging behind.'
'No Budget has so far has addressed the issue of the government's abysmal productivity of capital spending, improving which will be the big game changer. 'But, the government's tight lock on businesses, banks, education, and even essential services like transportation and large parts of infrastructure and healthcare is destroying capital year after year,' points out Debashis Basu.
Insurance firms have designed amazing retirment plans to lure more customers.
German Chancellor Angela Merkel is on a three-day visit to India.
