Under the resolution plan, the lenders would end up having a sizable portion of shares in the airline, if their boards of directors agree to convert part of their debt into equity.
In terms of expansion, a little more than half of the family businesses are open to internationalisation, while 40 per cent are looking at diversification, a PWC survey said. Even Indian family businesses are increasingly looking at diversification and exploring newer markets, it added.
The revived factionalism in the AIADMK, if not curbed now, has the potential to split the party vertically, warns N Sathiya Moorthy.
By the looks of it, the Congress cannot hope to return to power even in election 2024. What it can do is to start from the bottom, hold organisational elections, which are honest, and co-opt those elected to form teams of office-bearers at all levels, right up to the working committee. By the very nature of the elections that they are going to lose, the party should use the interim to shore up youth power, or whatever remains, says N Sathiya Moorthy.
The government will decide in August whether to sell a 5 percent stake in ONGC, a senior oil ministry official said, in a deal that would be worth $2.9 billion at current market prices.
UBS added that its strategists are positively surprised by the scope and tone of the Plenum document.
This equity capital infusion is the country's largest-ever FDI.
There is no specific requirement for a private company under the new legal framework to appoint a company secretary.
'Ola in India makes money on every ride. Our focus over the past couple of years has been to keep growing the market and our share in the market and build up on sustainable business,' says co-founder and CEO Bhavish Aggarwal.
To incentivise the Micro and Small enterprise is to offer them lower rates of interest based on their business turnover
'The meeting marks the first tentative step in the effort to understand whether the two largest Asian nations can co-exist peacefully while realising their aspirations.' 'Caution and watchful wariness will dominate the effort of both sides,' says Jayadeva Ranade, former RA&W officer and China expert.
The 2020 assembly polls marked the coming of age of a politician who valiantly went down fighting an army of battle-hardened veterans.
Under Sebi guidelines, AIFs can operate broadly in three categories.
The CDS will have a significant role in higher defence planning and operational aspects of India's nuclear arsenal.
Governments in most of the world saw their approval ratings dip as they struggled to contain the raging virus, which hit economy hard everywhere, but Indian politics followed a different script, with the outgoing year marking further shrinking of a rudderless Congress while the ruling BJP soared riding on Modi's enduring appeal.
A victory in Nandigram would not only establish him as one of the tallest BJP leaders in Bengal but would push him miles ahead of others in the chief ministerial race if the party is voted to power.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
While IndiGo had 11.8 per cent of all the international seats to and fro India in the last week of August, Air India's seat share was 11.4 per cent. Emirates came third with 8.1 per cent, and rest of the airlines constituted 68 per cent of the seat share.
Former AAP leaders Yogendra Yadav and Prashant Bhushan said the Bill was completely different from the one envisaged originally.
This would bring between 20,000 and 25,000 firms under the ambit of cost audit. At present, only 44 industries and specific products within an industry come under cost audit. This covers around 6,000 firms but cost audits are conducted in only about 2,200 of these. The proposed change will have a major positive impact on the profession because more firms will have to mandatorily appoint a cost auditor and have cost accounting records audited on an annual basis.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Having cleared 90 per cent of its debts of about Rs 70 crore (Rs 700 million), Amitabh Bachchan Corporation Ltd is planning to enter the capital market to raise funds for a couple of projects
Indian households put bulk of savings in bank deposits and insurance; the returns are minimal. If you're part of this, change.
According to the RBI proposal, companies can now take the ECB route for raising 10-year funds which is capped at five years now.
A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
'Open conflict would be a disaster for both China and India.'
Stepping up the attack on the ruling AAP over the 2015 Delhi Janlokpal Bill, ousted party leader Prashant Bhushan on Sunday said that the proposed legislation is "completely" different from its previous 2014 version.
All that India must aim for is to match China's military prowess adjusted to equal Beijing's India-specific military capability, argues Vivek Gumaste.
'If India can only grow at 5%, why bother spending time on the country?' asks Akash Prakash.
Mnangagwa, the country's former vice president, swore an oath of office to serve as interim president until a leader is elected at the polls next year.
Budget may bring exemption for those backed by Indian securities other than shares
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
Mr Prabhu has set the railways on a course of investing big .
In pursuit of their global ambitions, domestic companies are looking to list their shares on exchanges in new geographies - not just New York or Nasdaq exchanges.