Tinesh Bhasin explores the limitations of rights granted to homebuyers under the Insolvency and Bankruptcy Code.
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
The department apparently suspects the use of shell firms or front entities in some aspects of such remittance. Money might, it suspects, have moved in some cases from tax-free jurisdictions or tax havens to accounts in the UAE and some South Asian countries.
Players such as Kidaara, True North, and Multiples Alternate Asset Management move outside the confines of just being a family-style financial office and become a true PE heavyweight.
The successful implementation of the new Act will depend on a much bigger involvement of the state through a huge new superstructure of registration, certification and supervision
Shedding the stigma around failure, sharing issues with the family and seeking financial assistance from others can help alleviate distress and help people recover faster, says experts.
'If you behave like a nail, the adversary will behave like a hammer.'
'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
Six working professionals tell us how they balance time between work and family.
Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups.
News of all that's transpired on and off the football field
'The revenue is going to go down significantly, 50% they are banking on at the moment and that's an optimistic position, I believe. The players will take a whack.'
Most central banks across the world have around 5-7 years of tenure for the governor and deputy governors.
The survey, however, said that GDP is expected to revert to growth terrain next year, when it is likely to grow by 7.2 per cent.
Jet Airways HQ owner wants resolution professional to vacate premises. The licence for occupying the place has been terminated, on account of the airline having not paid the rent after March.
'People can start making a safety net, and that safety net should be at least three months of your monthly salary.' 'If somebody is earning Rs 25,000 then s/he should have at least Rs 75,000 in her/his bank account, so that if anything like this (lockdowns) happens in the future, they are not struggling.'
Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
Criticised for being too big, Janette Tirkey is winning hearts on the ramp.
While efforts are being mounted on a war footing to arrest its spread, COVID-19 will impact economic activity in India directly through domestic lockdown. The second-round effects, it said, would operate through a severe slowdown in global trade and growth.
Reliance to M&M and Bharti and Vedanta, talent migration picks up at all corporate giants
Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.
Recently the US federal regulator had asked the Californian subsidiary of State Bank of India not to open a new bank in the country.
Professional football has been wiped off the map for weeks, maybe months, after all the major leagues, cups and international competitions were suspended, culminating in the postponement of Euro 2020 and Copa America on Tuesday.
First case filed after new norms come into force, NCLT admits plea.
... Are far-reaching social changes coming with it, asks Ajit Balakrishnan.
Barcelona's Champions League last-16 second leg match with Napoli scheduled for March 18 will take place without spectators due to fears over the spread of the coronavirus, a club spokesman said on Tuesday. The match will take place at Camp Nou after a 1-1 draw in Napoli, but no supporters will be allowed to enter the stadium.
RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.
Another week and a spate of OTT shows and movies to watch. Here's what Sukanya Verma recommends.
Taking up the case of Indian IT companies and professionals, Jaitley told Ross about the contribution of highly-skilled Indians in the economic development of the United States and India and stressed that they should continue to do so, which is in the best interest of the two countries, officials said.
David Warner and Mitchell Starc were among those who reported for training as the domestic pre-season began behind closed doors.
'It is crucial to understand that the ultimate goal of your investments isn't to pay lesser tax, but to create long-term wealth for you and your family,' says Satyen Kothari, founder and CEO, Cube Wealth.
The time-bound nature of the bankruptcy code, envisaging resolution within 180 to 270 days, would put enormous pressure on the existing judicial infrastructure.
'The anti-Muslim discourse creates an atmosphere of fear.'
'The pressure was very high because I am not a Saroj Khan or a Vaibhavi Merchant.' 'I am someone from a reality show.' 'I was a nobody who was given an opportunity to express myself in the best way I could.'
The central bank will form a panel of up to six independent professional firms to help RBI in framing, implementing and delivering integrated HR solutions in the areas of HR policies, processes and systems, among others.
The cumulative loss of salaried jobs since the pandemic is even larger at 12.6 million, reveals Mahesh Vyas.
Global HR professionals working in the financial services industry have pinpointed pay issues as the primary focus of their operations, according them higher priority than talent management and employee engagement, according to a survey by Towers Watson.
While there isn't any evidence to support its claims of being a 'biological insurance' for a child, many parents are opting for cord blood banking. Indulekha Aravind reports
Among executives who have been approached are former president and CEO of IndiGo Aditya Ghosh, Wolfgang Prock Schauer, current president and Chief Operating Officer at IndiGo and Sanjay Kumar, Chief Strategy and Revenue Officer of IndiGo.
