The government wants to use the FDI victory impetus to clear the Companies Bill and those amending the banking and pension Acts.
DDinesh Kumar Khara is someone who cares for others's ideas and suggestions.
If he takes the people along with him (which he always does); cares for the customers (80 per cent of SBI's new customers are in the 20-40 age group); and doesn't take his eyes off technology, his job is done, says Tamal Bandyopadhyay.
Says ministry and RBI are working closely.
Chidambaram was also hopeful that fiscal deficit will be contained within the targeted 5.3 per cent of the GDP this fiscal and trimmed to 4.8 per cent in the next.
Worried over excessive outflow of foreign exchange as royalty and fees for technology transfer and use of brand names, Commerce and Industry Minister Anand Sharma wrote to Finance Minister P Chidambram on the matter.
This is the largest investment in the single-brand retailing ever since the government has allowed foreign direct investment.
The international crude oil price of Indian Basket was $60.10 (Rs 3,765.27) per barrel on December 15, down from $60.58 (3,782.62) per bbl on December 12.
It's a treat to watch Pooja Bhatt explode on the small screen, raves Sukanya Verma.
Ex-CFO says new incumbent steps in at the right time, will be able meet to meet challenges.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
What made these 10 businesses rise above the rest? Read on to find out...
Government said consultations are on to arrive at consensus on allowing FDI.
Myntra CEO Ananth Narayanan, who was earlier against the merger of the two fashion e-tail companies, is learnt to be meeting each Jabong employee one-to-one.
"Based on the recommendations of Foreign Investment Promotion Board in its meeting held on June 24, Finance Minister P Chidambaram has approved 28 proposals of FDI, said a finance ministry statement. The approved proposals relate to ministries and departments of chemicals & petro-chemicals, industrial policy & promotion, information & broadcasting, urban development, tourism and economic affairs.
Paisa Bazaar, which recently forayed into online mutual fund distribution, has come out with a 20-second video clip featuring Bollywood actor Akshay Kumar. The ad, which talks about the benefits of investing in direct plans, has already got 1.6 million views on YouTube.
This can mean companies like Apple, Zara can sell in India through wholly-owned subsidiaries
An old consumer electronics warhorse looks to leverage its past.
Expressing commitment to push forward economic reforms, Finance Minister Pranab Mukherjee today said the government is making efforts to build a consensus on important economic legislations, including PFRDA and foreign investment in multi-brand retail.
The committee's objections are a curious mixture; some attack the very basis of the project, others question its implementation.
The committee's objections are a curious mixture; some attack the very basis of the project, others question its implementation.
The total number of passenger vehicles (cars and utility vehicles) sold annually in the 1970s was 32,000 units - less than even one week's sales today.
Cigarette pricing in India can go the liquor way as ITC, the undisputed leader in the sector, may consider state-specific pricing for its popular brands. This comes after the ad valorem duty imposed in the Union Budget, coupled with the varying value added tax (VAT) rates across states.
White labeled ATMs are set up by private non-bank companies that own and operate their own brand of ATMs.
These PSU banks also account for the lion's share of bad loans or NPAs plaguing the sector and need crores of rupees in new capital in the next two years to meet global Basel III capital norms.
C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
However, notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along with two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co.
Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.
'A lot of young people, especially women, usually go on in their career path thinking to just put their head down and work hard, and the opportunities will come to them.' 'The only reason I became CEO of Vimeo was because I was pushing to create an opportunity to take the company into a different direction.'
Prof B Ravishankar from Mylapore, Chennai shares his inspiring story.
The connection that we have with money will define how it moves into and out of our lives.
He said with an aim to make the FDI policy user friendly, all prior regulations and guidelines have been consolidated into a comprehensive document.
The total wealth of top 100 real estate barons accounted for Rs 2.37 trillion ($32.7 billion) in 2018, up 27 per cent against 2017's cumulative wealth of Rs 1.87 trillion ($28.6 billion).
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Ludhiana's readymade garment makers on Wednesday announced shutting down of operations for a day on March 4, perturbed by the latest budget proposal, making 10 per cent excise duty on branded apparels mandatory.
Aircel executives said the company could offer value to big boys like Airtel or Jio as a low-end mobile services brand
The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
Tata Tea Ltd on Thursday said Tetley US Holdings Ltd, its US subsidiary, will acquire FMALI Herb Inc and Good Earth Corporation.
The top among these are: keep track of what you spend, and save and invest regularly.
