In his first interview after taking over as Philips India's vice-chairman and managing director, Krishna Kumar speaks to Business Standard on how the company is readying itself for the next few decades and the increasing importance of India to Philips' global operations.
Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".
Attorney General Mukul Rohtagi is representing the government.
Indian auto industry's dependence on China is high and it will continue to be so in the BS-VI era and as the country moves towards electric mobility. Domestic players lack both technological competence and the sheer pricing advantage that support Chinese imports.
HMSI is likely to announce a tie-up with Snapdeal for online two-wheeler sales next month.
Mumbai metropolitan region, comprising Mumbai city, Navi Mumbai and Thane, leads the pack (in delayed projects) with 210,000 units at an approximate valuation of Rs 2.34 trillion.
The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
Shares in Sun Pharmaceutical Industries fell by more than 5 per cent after the company settled a patent suit with Pfizer Inc related to its acid-reflux drug for $550 million.
The main reason was that CPI inflation would likely remain below 4 per cent till July.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
Centre could ban wheat import from Bangladesh, apart from restricting cultivation in West Bengal and Assam
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
In many parts of central and north India, monsoon reaches only in July.
Experts say investors should stay patient and stay invested in mutual funds.
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
State and UT governments have been given the flexibility to take a decision on re-opening of schools and coaching institutions after October 15 in a graded manner.
With the rupee crossing Rs 72/dollar in recent times, things suddenly don't look too good on several counts.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Indian e-commerce company raises Rs 600 crore in sixth round of funding.
This weakness is likely to continue in the near-term.
People who win a competition are more likely to cheat or act dishonestly in the future, say researchers.
Bankers and executives involved in ATM operations said challenges abounded in this segment.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
'One out of three phones sold in India is a Xiaomi phone.'
The lab has 18 scientists.
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
Experts say investors should be careful, as even a 50-100 bps cut in rates will not help such companies if their business is not doing well. Check what is the problem and consider
A survey conducted by Business Standard reveals that a majority of the country's states are still firmly against the move, while a few are open to considering only conditionally.
With assets depreciating over time, it will lead to large haircuts for lenders and creditors, say experts
The NPPA letter was issued to GSK on Wednesday.
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.
Double whammy for consumer firms, where the top line will remain subdued due to demonetisation and margins will squeeze owing to a crude oil spike and rupee depreciation, reports Viveat Susan Pinto/Business Standard from Mumbai.
Though most analysts expect the global central banks to keep the liquidity tap open, valuations of Indian markets, they say, are beginning to look stretched. Against this backdrop, they remain cautious, with some even expecting a minor correction from here on.
