MCX Stock Exchange, set up by crisis-hit NSEL's promoters, on Friday appointed Saurabh Sarkar as CEO and announced plans for fresh capital infusion by its existing shareholders among measures to boost business.
Cricket Australia (CA) named Trevor Hohns as the full-time chairman of its National Selection Panel on Friday, effecting a structural change to improve the rankings of the underperforming Twenty20 side.
Nudging the RBI to cut interest rates to boost growth, Finance Minister Arun Jaitley on Sunday said he had already made his mind clear and hoped the central bank will take decision after taking into account various factors.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
The new Diageo management had asked Vijay Mallya to step down.
The Centre stressed that the next three weeks will be critical for the country reeling from the worst health crisis as it announced a series of measures to shore up medical infrastructure and supplies and scale up vaccination.
'I hope the Centre and the states will both act in the spirit of cooperative federalism and find acceptable solutions without testing the law and the limits of each other's power.' 'This should not be considered a wrestling match.'
Following the request of the Securities and Exchange Board of India, the Institute of Chartered Accountants of India
'I would say restore the banks to health, get active board composed of professionals, then there will be an ideal situation for merger.'
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
'We want to connect unique skills that students have with the unique jobs being created.'
The saffron party will use Lord Ayyappa the same way it made use of Lord Ram in the north to take away the Nair vote and make electoral inroads in the state.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
Banks have reduced their base rate or the minimum lending rate in the range of 0.1-0.5 per cent till April 15.
Extension of the deadline from December end this year till March 31, 2018, would apply only to those people who do not have Aadhaar and are willing to enrol for it.
The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.
If the Personal Data Protection Bill gets passed in its present form, a new class of companies and entities could emerge. The sole job of these new entities would be to manage the consent for data usage of a user.Banks, healthcare firms and fintech companies, among others, fear that sharing non-personal data with the government may hurt business interests. Banks also fear the threat of data misuse.
RBI says haste in easing norms for banks harmful to economy.
Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.
Bad loans of PSU banks rose by 28.5 per cent.
Other London properties, aircraft & offshore accounts are yet to catch the attention of regulators.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
Anti-corruption watchdog Transparency International has said that the ICC must tackle corruption both on and off the pitch that challenge the integrity of cricket by strengthening its own governance and by using its influence to promote high standards in national Boards.
There will be tripartite pact with member, bank/housing agency and EPFO.
Ahead of the system's debut in a test in India next week, the International Cricket Council (ICC) said referrals are always more likely on spinning tracks and that is why the review system is an essential tool for umpires.
Is Kohli not a great captain in spite of so many wins? My answer is, yes, declares Dr Sudhir Bisht.
The high-level panel, chaired by former Chief Justice of Karnataka and Kerala High Courts, K Sodhi, had focused on reviewing the Sebi (Prohibition of Insider Trading) Regulations, 1992.
In Singapore, gold prices have risen by 0.46 per cent to $ 1,294.20 from $ 1,288 per ounce in last one fortnight.
There is as yet no clarity on how the process of consulting with the RBI Governor, initiated under Section 7 of the RBI Act, would unfold in the coming days. The government is keen that its suggestions made in the public interest should be heeded by the central bank, says A K Bhattacharya.
"Here is an opportunity to look at it from a different perspective. It is an out of the box situation. It maybe a first of its kind situation.
After every corporate announcement, check your demat and bank accounts for necessary credits.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
The apex court said the Annual Confidential Report evaluation criteria for grant of permanent commission to women officers ignored the achievement and laurels brought by them to the Indian Army.
Out of around 80 million accounts that were analysed, there were 10 million records with only names and no other details about the subscribers, including their date of joining, date of birth and father's name, among others, in the EPFO's records.
At a time when the asset quality of state-owned banks is deteriorating, the Reserve Bank of India is also planning harsher penalties for wealthy promoters of wilful defaulters.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
Asked to quit United Spririts' board, Vijay Mallya struck a defiant note saying he 'intends' to continue as its Chairman.
