'Is a rapidly growing working-age population a prerequisite for growth or a social tinderbox?'
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.
Floor price of SAIL to be set at Rs 83 a share.
In a bid to slash costs, Air India has hedged 10,000 barrels of jet fuel for its aircraft this month, four weeks after its Board gave a nod to the move.
As part of a cost-cutting plan, the bank is now dismantling its stock broking, equity research, and equity listing desks worldwide.
Around 250 financial market players will participate in a closed door meeting with Narendra Modi on February 27.
Looking for travel inspiration as you plan your summer vacation? Here's help.
The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered
While the first wave of moving work to India was driven by cost considerations, increasingly companies are banking on local talent to add value to their business by jointly developing products and solutions.
They believe that long-term story is intact.
The country last raised the amount of government debt that foreign investors can buy by $5 billion in June last year.
Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion.
Among the biggest winners of a successful IPO would be co-founder Evan Williams with a 12 per cent stake.
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
Greek Finance Minister Yanis Varoufakis announced his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package.
The larger virtue of maintaining fiscal credibility should not be unduly diluted by quibbles on the fiscal math, says Sajjid Chinoy.
The vote leaves Greece in uncharted waters: risking a banking collapse that could force it out of the euro.
When oil prices collapse from $110 to $45, economic agents in India experience a large income windfall.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
ISB professor Krishnamurthy Subramanian tells Shobha Warrier/Rediff.com that Modi government's continuation of tax terrorism is driving away investors.
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