Neeraj Prakash, MD, Shriram General Insurance, explains how new measures proposed in the Motor Vehicles Act can smoothen the lives of the insured and insurer and how the government plans to make more vehicles owners buy insurance.
'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.'
The equity infusion will happen at Rs 505 a unit, which is a premium of nearly 14 per cent over February 4's close of Rs 444.60.
Even though option to invest as a company is available, many FPIs have chosen trust route to enjoy less tax or zero tax through tax havens such as the Cayman Islands and Luxembourg.
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.
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.
A career Citibanker, 'Selva' came into the spotlight as the person who rewired the financial behemoth's Indian retail operations.
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Indian households put bulk of savings in bank deposits and insurance; the returns are minimal. If you're part of this, change.
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.
Former AAP leaders Yogendra Yadav and Prashant Bhushan said the Bill was completely different from the one envisaged originally.
'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.
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
'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.
New Delhi should resist any temptation to act as spoiler and instead should cooperate with its SCO partners in reaching a regional consensus behind the formation of an interim government in Kabul, argues Ambassador M K Bhadrakumar.
Persuaded not to sell that day in January 1975, DLF today has assets of over Rs 52,237 crore and a net worth of around Rs 40,000 crore.
The feeling to always be in control can hinder progress and cause serious trust issues among other stakeholders, say Nitesh Jain, CEO, co-founder, BeSingular.
The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.
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.
According to the RBI proposal, companies can now take the ECB route for raising 10-year funds which is capped at five years now.
PTI introduces the team, who is aiming for medals when India's campaign at the Tokyo Games commences on July 24.
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
The CDS will have a significant role in higher defence planning and operational aspects of India's nuclear arsenal.
A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.
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.
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.
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.
Overseas expansion by Indian companies can leverage India's comparative advantage.
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.
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.
Mr Prabhu has set the railways on a course of investing big .
The 2020 assembly polls marked the coming of age of a politician who valiantly went down fighting an army of battle-hardened veterans.
"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."
Govt is selling a stake in Coal India worth around $3.7 bn.
India's auto giant, Mahindra & Mahindra on Saturday launched its ambitious bid to become the world's biggest tractor producer by kicking off its China operations, including rolling out the first M&M branded tractor in Nanchang, capital of south-centr
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.
The new executive director of Reliance Capital has big shoes to fill in every way.
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 simple guide to the strange defensiveness of the government and its supporters, and how and why the arguments they're making are wrong.
The Messi Experience Park, which is being launched by the five times world player of the year in collaboration with Chinese broadcaster Phoenix Group and Spanish media company Mediapro, is set to open in 2019 in the Chinese capital.
