Business failures rise when growth declines. When Indian growth slowed in the last decade, defaults increased. This is the normal working of the market economy, points out Ajay Shah.
The organisation of the Indian Premier League will largely depend on India's COVID-19 situation during that time but with the central government trying to bring in normalcy, the cash-rich league could get a five-week condensed window to go ahead.
Japanese auto major Suzuki Motor Corporation (SMC) on Wednesday said its long-serving chairman Osamu Suzuki will retire and assume the role of senior advisor subject to shareholders' approval in the ordinary general meeting to be held in June this year.
The consortium of UAE-based businessman Murari Lal Jalan and London's Kalrock Capital -- which has won the bid to revive Jet Airways -- on Monday said it expects to start operating the airline by the summer of 2021.
According to reports, an anonymous group that calls itself "ethical employees" have written to the Infosys Board as well as American regulator US Securities and Exchange Commission with the allegations. They have claimed that they have emails and voice recordings to substantiate the same.
A 10-hour RBI central board meeting, on November 19, decides to set up a panel on the economic capital framework for the central bank and directs it to give forbearances to small businesses.
Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.
The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.
Japan is preparing to host the Tokyo Summer Olympics as planned, the government's top spokesman said on Wednesday, amid speculation the Games could be postponed because of the coronavirus threat.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
The BCCI is also mulling a couple of more windows in 2022 in case October-November is not feasible in India.
Becoming a unicorn is surely a marker for a company in its growth story, but it's not a major achievement nor is it a turning point of any significant worth.
By 2022, there is a plan to make an mRNA-technology vaccine, for which it has tied up with Canadian firm Providence Therapeutics.
'Facilitating conversion of well-run NBFCs into banks is urgently needed.'
Swiss court rejects Russia's appeal against Olympic doping ban. The Lausanne-based Court of Arbitration for Sport (CAS) said the sanctions, which also bar Russia from hosting or bidding for major sporting events during a two-year period, would come into force on Thursday and end on December 16, 2022.
While the relation between the LJP and the JD-U has long been far from smooth, Manjhi's entry in the NDA has added to its pique against the JD-U.
Standing at the twilight of his career, Gayle said he has now become used to the situation.
'His (Das) approach to work seems that of working as a team with ease in communication.'
As many as eight Board of Directors of the Delhi & District Cricket Association (DDCA) have signed a joint resolution for withdrawal of all powers vested with president Rajat Sharma, a move that could have far-reaching implications.
Nomination of candidates by Oct 18, still no unanimity on voting process.
Shravin Mittal's venture capital firm, Unbound Advisors, has made investments worth over $500 million so far
According to outsourcing advisors and experts, while almost half of the deals are likely to see delay, the others are expected to be renewed at a lower price as enterprises ask for discounts in roll-over contracts.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
2012 Olympic gold medallist swimmer Missy Franklin was so inspired by the girls from Yuwa and the work done by the organisation that she kept in touch with the organisation and has recently accepted the invitation to join its board.
Submits new settlement offer to SBI
Summary of sports events and persons who made news on Sunday
Sudhanshu Mittal's allegations on the 'illegality' of Narinder Batra's election have come amid the feud among the top brass of the IOA. He had earlier written to the International Olympic Committee, claiming that Batra was 'illegally' elected as IOA president.
The committee will also be suggesting measures for making the code acceptable to all the stakeholders so that a balance is struck between autonomy of National Sports Federations.
AIMPLB member Zafaryab Jilani on Wednesday said the proposed mosque in Ayodhya following last year's Supreme Court verdict is against the Waqf Act and 'illegal' under the Shariat laws.
The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.
'Google and Facebook need to be tamed, their garb of 'Investing in India's future' need to be pulled off,' observes Vibhu Arya.
This year's list includes 40 influential people under 40 years of age in five categories -- finance, technology, healthcare, government and politics, and media and entertainment.
Tax exemption for future global cricket events in India has once again become a bone of contention between the BCCI and ICC as the former gears up to host the 2021 T20 World Cup and the ODI World Cup in 2023. The ICC and BCCI have had a long standing feud on tax exemptions since the 2016 World T20 in India.
The Bharatiya Janata Party and its Parliamentary Board members were on Thursday directed by the Delhi high court to respond to former Rajya Sabha member Ram Jethmalani's plea challenging his expulsion by the Board in May this year.
Religious scholar Hazrat Moin Miyan said though the option of filing a review petition is open, they are accepting the verdict for the betterment of the society.
The results will give an indication whether Nilekani would continue with the software plus services strategy adopted by Sikka, or tweak it to reflect his worldview of the explosion in data.
The previous board of Fortis Healthcare had links with Singh brothers and there was an investigation by law firm Luthra and Luthra into Rs 472 crore that was diverted into other companies.
Almost 70 per cent of alcohol distribution in India happens through liquor vends or shops, while 30 per cent happens on-premise, that is, in bars, pubs, and hotels.
Most Indian IT firms work as system integrators for Huawei and though the exposure is very less as of now, the potential is more due to 5G roll out. As pressure to keep the Chinese firm out of the 5G network grows, other global firms, including Japan's NEC, South Korea's Samsung, Finland's Nokia and Sweden's Ericssion are increasing their investments to grab more market share in the telecom sector.
While the Trump campaign promises that re-electing President Donald Trump will "reduce obstacles to religious freedoms" for Hindus in America, the rival Biden campaign on Tuesday said former vice president Joe Biden has made outreach to the Hindu faith community a priority.
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