The intial round of efforts did not achieve the objectives fully.
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
The money was paid to Mallya in two tranches in his offshore accounts.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
'Modi remains the most popular politician in India; the BJP's organisational and fundraising prowess is considerable; and the Opposition, while newly collaborative, has no leader or clear economic messaging as of yet.'
'Will Muhammad Habib Zahir -- who was part of the team that arrested Kulbhushan Jadhav and went missing in Nepal -- figure in a Jadhav-for-Zahir deal?' asks Aditi Phadnis.
'Nehru once told JRD, "I hate the mention of the very word profit".' '"Jawaharlal, I am talking about the need of the public sector making a profit!" JRD replied.' 'Nehru reiterated, "Never talk to me about the word profit, it is a dirty word".' A fascinating excerpt from Shashank Shah's The Tata Group: From Torchbearers To Trailblazers.
The roots of the cancellation of 2G telecom spectrum licences and coal blocks lie in two non-profit organisations - Common Cause and CPIL.
Chidambaram said it was a 'despicable slur' on the six secretaries of the government.
Bhatnagar is expected to take charge of the CRPF later this week as he is on an official assignment in Indonesia in the capacity of NCB DG.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
'Our biggest problem has been keeping this country together.' 'Nation building is never easy. It is a very difficult task.' 'Even 70 years is not too long a time.'
While a three-year tax holiday and relaxation of capital gains for funds have been received favourably, others argue that not enough has been announced.
Amount more than twice the size of Sahara's; collective investment scheme operator has 3 months to return money and wind up.
All evidence suggests that the US Federal Reserve will raise interest rates soon.
The processes that create a seven per cent-plus GDP growth rate without a similar growth in jobs are far from fully understood, says Ajit Balakrishnan.
'I have tutored my family and myself to fight hunger,' the former agent for the disgraced Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office are based in Bengal!
'This man has aged, but does not know the difference between words spoken on the streets from those of spoken in Parliament.' 'He does not allow his hair to turn gray, so he hasn't learned or matured.' Rashme Sehgal reports on how Subramanian Swamy has riled the Congress yet again.
Besides Nair, others named in the charge sheet include the then K R Sridhar Murthy, Ramachandra Vishwanathan and M G Chandrasekhar.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
Besides reviving investor sentiments, Vasundhara Raje's regime has brought reforms in the social sector.
.jpg)
Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
Nobody is clear what 'minimum government maximum governance' means.
Satyam Case has not ended after court verdict, there's lot to unfold say insiders.
Rose Valley is one of the biggest money businesses after Sahara.
Indeed, Prime Minister Narendra Modi, who as Gujarat chief minister was considered close to certain business groups and industrialists, has hardly been seen with any Indian business head.
Indian economy about to take-off
Few top honchos of India Inc did very well in 2014.
'Given that 95 per cent of rapes are committed by adults and only 5 per cent by juveniles, these 95 per cent of rapes will continue to take place, so what women's safety are we talking about?'
'The police go into villages, kill villagers, rape women, burn homes, file false cases.' 'They want to empty Bastar of the tribals so that corporate houses can be given a free hand in our land.' 'My father was killed by Naxalites. This is very ironical because the police accuse me of being a Naxalite. If I had been a Naxalite, would I not have been able to prevent my father's death?'
CLP saw early that the pollution caused by China's rush for industrial growth would lead inevitably to demands for cleaner electricity.
There is no chance of the case against Devyani Khobaragade being dropped, but a plea deal is possible, which could avoid a jail term for the Indian diplomat, sources in the US government tell Rediff.com's George Joseph in New York.
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances