The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.
Apart from INX Media and Aircel-Maxis, the four other firms which are under the scanner are Diageo Scotland, Essar Steel, Katara Holdings and Elforge Ltd. These firms were granted FIPB approval when Chidambaram was the FM, reports Shrimi Choudhary.
Finance Minister Arun Jaitley said it has been decided to fix the minimum wages at Rs 350 per day for unskilled non-agricultural workers for 'C' category areas keeping in view the modalities of fixing minimum wages.
He becomes 2nd Indian to win this award; N R Narayana Murthy won it in 2003.
While for the consumers, there is some gain and some pain, for India Inc, it's all about compliance, consolidation and parity
Gamification has the potential to trigger immediate positive responses to learning that an organisation wishes to impart.
'I want to leave behind the bank stronger and better than when I took over.'
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups.
'Till now, we were under tremendous stress. The economy was not recovering, the financial cycle was not moving and the banks were not supporting.' 'With the government pumping in money to the banks and asking the NBFCs to give priority to the MSME sector, there will be a revival.'
Gujarat has topped with a score of 71.14% on ease of doing business list.
Inflation pegs down currency value, re-allocates resources, reduces potential economic growth and leads to the attrition of gross domestic savings.
'When we say we want to increase pension participation, do we want to increase participation through the savings route?' 'Or do we want people to save in specific pension products?' asks Renuka Sane.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
The stupidity of someone buying impressions on people meters is like saying the BJP wins elections because the EVMs are rigged. I predict zooming TRPs for Republic TV, says Sudhir Bisht.
Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.
In the second of a four-part series, Business Standard checks out the currency press in Dewas to find target-based allowances have increased the monthly salary of employees from Rs 10,000 to Rs 30,000, at a time when notes are being printed 24x7.
Information technology, not manufacturing or infrastructure, should be the focus of the government while implementing initiatives such as Make in India and Start Up India.
'Inquiries and bookings are at quite a healthy level.'
On an average, around 45 per cent of domain name registrations in India get converted into a live website.
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
The I-T department has been probing 240 HSBC cases where it is suspected that Indians have stashed their illicit funds abroad.
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
With almost all opposition parties and several trade unions backing the 'Bharat Bandh' and many announcing parallel protests in support of the farmers, the Centre has issued an advisory directing all the states and Union Territories to tighten security and ensure COVID guidelines are followed.
Metals bucked the trend and shone across the board.
'What we are actually missing in India is a platform wherein the government engages with cybersecurity experts, gets them employed and then utilises their capability to deter such attacks.'
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
In 2006-07, TCS had employed 7,000 people in the eastern states.
Google will build its largest campus outside the Unites States in Hyderabad.
Concerned over the series of attacks on mobile phone towers in the valley, the Centre also issued an advisory to the state government.
The Prime Minister's Office has suggested that EPFO should deploy 15 per cent of its funds as loan for low cost housing saying it would generate a credit flow of Rs 70,000 crore (Rs 700 billion).
US-based ride hailing firm accuses rival of making false bookings on its platform, drags it to Delhi High Court.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
'People, whose sensitive information has been leaked by State agencies or companies having license from UIDAI to access the Aadhaar database, can file suits, collectively or individually.'
India Inc has few leaders who are likely to grab headlines in 2015.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The Duncans Goenka group is in a spot of bother over the death of workers and non-payment of dues to employees.
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