The money from America that ends up abroad brings prosperity and generates more jobs at the cost of jobs in the US.
His exit has created a benchmark of sorts for how entrepreneurs and businesses should deal with debt crises. Unlike many other Indian businessmen, he hasn't fled, tried to hang on to the business by any means or wrangle out of the debt by using his closeness to the current government. It is so very rare for Indian media businesses to grow out of their founding family's shadow, however, benevolent it may be.
Home minister heads several groups of ministers, including the one to decide the revival package for Bharat Sanchar Nigam and Mahanagar Telephone Nigam. His ministry also takes decisive calls on national security in relation to telecom operations as well as equipment and technology used in the industry.
'Instead of wailing about the absence of tax benefits, the private sector should press for an early implementation of the package of measures,' advises A K Bhattacharya.
From Artificial Intelligence to yoga, sign up for courses that will benefit your career in the long run.
After the 2019 election, one thing is sure: GST will see a number of changes, explains Indivjal Dhasmana.
GST would make compliance easier for big businesses, but hurt small scale industries., says SJM
Swadeshi Jagran will be leading the delegation on a multi-city tour, expected to start on September 21. The week-long trip will include meetings with industry bodies and government agencies.
While smart boys like the Ruias of Essar, Ajay Piramal, Max India promoter Analjit Singh laughed all the way to the bank, the Tatas, Anil Ambani, Malaysian tycoon T Ananda Krishna of Maxis (which invested in Aircel), Sistema, and Norway's Telenor burnt their fingers, notes Surajeet Das Gupta.
While Prime Minister Modi grapples with serious matters of State so very successfully, may I urge that he focus just a bit of attention on the economy, says Manoj Mohanka.
The managing director of Bajaj Auto was in a dialogue with Congress leader Rahul Gandhi, as part of a series on India's COVID-19 response and the lockdown initiated by the Congress and aired on the party's social media platforms.
'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.
If Karat's six-page long speech is an indication, he spent eight paragraphs attacking the Congress, while just one paragraph went into slamming the BJP for its communal politics.
The former president was grilled for nearly nine hours in court on Thursday as a judge deliberated whether she should be arrested.
Companies such as Cadila Healthcare, Lupin, and Natco, which sell generic versions of flu medication in the US market, are likely to benefit.
While the interest from Hinduja is a positive sign for the grounded airline, executives of banks cautioned that there is no certainty that the deal will fructify. The cost of recapitalising Jet Airways is increasing every day.
Video games industry is worth around $80 billion.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
Mumbai and Delhi comes 31st and 34th respectively.
Italian soccer club Juventus FC said that it is considering many opportunities in the player market amid media speculation it is in talks to sign Real Madrid striker Cristiano Ronaldo.
India's government is increasingly for, of and by its biggest businessmen.
'The feeling is that Rajinikanth is pro-Modi than anti-Modi.'
While student housing, retirement homes, and co-living spaces are going to be new realty growth drivers, Parekh also said foreign investors have also been investing in a big way in good commercial projects, while warehousing is another segment where they are showing keen interest.
For some of the business majors, the fund outgo for the 2019 elections has risen as much as 15 to 20 times, compared to the amount given to political parties five years ago.
The Congress will only survive if it can transform into something more like the BJP used to be: A coalition of strong state leaders held together by shared ideology or personal loyalty, suggests Mihir S Sharma.
Vodafone, other contentious issues likely to be discussed.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
The indebtedness of Indian companies has had an adverse impact on the economy's investment climate apart from weakening their performance and seriously impairing the financial health of the banking sector. Unless both the problems are resolved, there is little chance of reviving investment and boosting growth on a sustainable basis, says A K Bhattacharya.
If the Modi government's approach to economic policy making is any indication, expectations of a sudden spurt in economic reforms after the assembly election results appear to be grossly misplaced.
Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.
The Communist Party of India-Marxist on Thursday claimed S Jaipal Reddy has paid the price for "defying the country's biggest corporate" by being shifted out of the petroleum ministry and said this exposed "the tentacles of big business in the appointment of ministers".
It was merely an obligation in the past, but financial inclusion has now turned into a big business opportunity for private banks.
Globalisation may have many discontents as contents.
'The Modi regime is not willing to use its huge political capital for taking any economic policy measure that it fears might undermine that political strength, says A K Bhattacharya.
Corporations are still hard-wired for the old 'brown' economy which aims to generate only shareholder value not stakeholder value.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
The strike call is over privatisation, mergers, and also due to write-off of corporate NPAs, criminalisation of willful default
Take this quiz to get a lowdown on over-use or wrong use of essential oils used in aromatherapy.
Today they are the leading names in the world of business, technology and finance. But, before they started out their big business careers, many of them worked outside of their arena.
'We were number one in commodity, currency, electricity, bonds, spot and everything. 'The purpose was to create an accident and then exploit it to eliminate the group. There were so many vested interests and therefore they did this," said Shah.
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