Bihar Cricket Association (BCA) secretary Aditya Verma, who is the petitioner in the Indian Premier League (IPL) spot-fixing case, on Monday, termed the efforts by the Board of Control for Cricket in India's (BCCI) to shield its former president Narayanaswami Srinivasan and other involved officials in the ongoing case as 'unfortunate'.
DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company.
The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.
Maruti Suzuki is keen that the Gujrat government revises payment condition in the agreement it signed with the former for setting up a plant in Hansalpur.
The run-up to next year's general elections might see some of the top executives of government-run companies getting unlucky. And, the period could become the best in the lives of those waiting in the wings.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Bibek Debroy raised seven questions about the new institution.
The members of these trusts enjoy tax and other benefits at par with EPFO subscribers.
Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
The BJP's faces for 2019 will be Dharmendra Pradhan, Piyush Goyal, Nirmala Sitharaman, Yogi Adityanath and Devendra Fadnavis, says R Rajagopalan.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
They took investor money via IPOs and then disappeared.
While Rajya Sabha Chairman M Venkaiah Naidu asked the protestors not to make the House a "clog in the wheel" of progress, Lok Sabha Speaker Sumitra Mahajan said they should keep in mind the larger interests of the nation.
The rally is being fuelled by across-the-board buying.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
'The main reason for having neutral venues for the Ranji Trophy is to make it more competitive and less affected by doctoring of wickets.' 'There is no reason why people shouldn't be able to see Virat Kohli playing a Ranji Trophy match at any location.'
No home food for Karti, medicines allowed only on prescription.
'The world is going to be more insular.' 'What India needs to do is develop the domestic market for domestic consumption.' 'The emphasis has to be on Bharat as against India.'
Union Finance Minister Arun Jaitley is set to present the Budget next month.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
Investigation to be over by weekend, Mumbai police EOW to lodge FIR thereafter.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
Railways must pull back its share of freight traffic.
Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.
States' demand for 5 years and Constitutional provision ruled out
Foreign Trade Policy: More incentives for exports, focus on ease of trading
Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
The banned Jamaat-ud-Dawah head has hired Lahore-based law firm -- Mirza and Mirza Law Associates -- to file the petition.
Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.
Today, banks are being asked to discover niche strengths and focus on them
The Foreign Investment Promotion Board (FIPB) on Monday deferred a decision on Vodafone's Rs 10,141 crore (Rs 101.41 billion) proposal to buy out minority shareholders in its Indian arm as the Ministry of Home Affairs is yet to give its comments.
The CAD in 2012-13 was at 4.7 per cent of GDP and in 2013-14 it will only 1.7 per cent, the Finance Minister said.
Bankers seem to be pleased with the government for keeping its promise of not interfering in operational matters, but are apprehensive about the intense scrutiny of their functioning.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
Most of the projects face hurdles such as delay in approvals and lack of coordination between state governments and the railways.
FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.
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