The parent entity, (Holdings) Ltd, have also expressed concern over the company's significant exposure to the airline.
'The list of things to be done or added or removed will keep growing and it will be a while before the emerging models settle down into lasting structures,' predicts Umesh Shrikhande, CEO, Taproot Dentsu.
As Kashmir valley remains under flood water, Air India has decided to ferry free of cost tourists trapped in Srinagar while Gujarat and Bihar governments are sending 75,000 food and dry food packets for affected people.
The SC ruled that Karnataka will now have an enhanced share of 14.75 tmcft water per year while Tamil Nadu will get 404.25 tmcft, which will be 14.75 tmcft less than what was allotted by the tribunal in 2007.
India thrashed China 9-0 to stay in the hunt for top spot in the round-robin league competition of the fourth Asian Champions Trophy hockey tournament in Kuantan, Malaysia on Tuesday.
A new book may help companies in getting corporate social responsibility right, notes Ajit Balakrishnan.
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
Aditya Birla Nuvo gets board's nod, Videocon submits application.
The 606 positive cases includes 43 foreign nationals, the ministry said. On Tuesday, the number of cases was 519.
Theft, bribery and corruption, and regulatory non-compliance are the top three frauds
The industry began to upgrade its practices even before the NGO alleged Indian tea contained harmful pesticides.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country ranging from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur and Madhya Pradesh's Mandasaur and state capital Bhopal.
USL is already contesting a Karnataka High Court order.
The BJP said it is legal with adequate safeguards and in the interest of national security..
Deputy CM Manish Sisodia says it's the 'biggest failure of our system'.
Welcoming the passage of Lokpal Bill in the Rajya Sabha, India Inc said that once enacted it will help weed out corruption, boost investor confidence and expedite the decision making process.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
Those people without the Aadhaar number have found a loophole in the system
Lt Governor Najeeb Jung, who is now administering Delhi after President's rule was imposed, on Tuesday made it clear that none of the decisions and initiatives taken by the Aam Aadmi Party government will be scrapped, including the 50 per cent subsidy on power tariff.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The apex court also asked Sahara Group to provide it within two weeks the list of 'unencumbered properties' which can be put on public auction.
While Rajya Sabha Chairman M Venkaiah Naidu asked the protestors not to make the House a "clog in the wheel" of progress, Lok Sabha Speaker Sumitra Mahajan said they should keep in mind the larger interests of the nation.
The law minister said 20 Muslim countries in the world, including Pakistan and Malaysia, have banned the triple talaq. "Why can't a secular India do it?" he asked.
Market regulator is trying to build a large team of software experts for efficient monitoring and surveillance
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
Two US Olympic swimmers flew home from Brazil on Thursday after a local crowd jeered them, calling them "liars" and "fakes", and police accused them of fabricating a story about being robbed at gunpoint during the Rio Games.
Both the government and RBI have to complement each other if the economy has to revive quickly.
Indigo, the largest player in the domestic aviation space, cannot afford to ignore new entrant Vistara.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
Hospital authorities said of the deceased at the GTB, at least nine received gun shots. One of the deceased is also a woman, they said.
We need a change in mindset, says the RBI Governor.
The non-viability of green crackers may pave the way for e-crackers.
Administration is an evolving process, requiring the civil service to constantly re-invent itself to meet new challenges. The administration must become accountable to the law of the land and to the people.
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
The finance minister has said that United Bank has managed to reduce its non-performing assets.
Prime Minister Narendra Modi will hold discussions with public sector banks (PSBs) and financial institutions to draw up an action plan for banking reforms
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
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