Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.
The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.
Dept to focus on real estate, infra, mining and manufacturing to detect evasion.
'While Piyush Goel, Dharmendra Pradhan, Rajyavardhan Singh Rathore and a clutch of former bureaucrats including R K Singh, Hardeep Singh Puri and K J Alphons are loyal BJP members, none of them fit the mould of party apparatchiks.' 'In fact, many of the latter kind have been shown the door or have been given reduced charges.' 'That goes to show the prime minister's comfort level in dealing with professionals and administrators and the trust he reposes in them,' says Shreekant Sambrani.
A look at the financials of some of the key companies in the Sasikala clan's business empire.
Managing expectations is a challenge for policymakers.
India had been engaged in a contentious battle with the US over the issue, especially in the pharmaceutical sector.
The Centre will grant Rs 500 crore for each of the smart cities.
She needs to find innovative ways to at least match the growth during Gehlot's rule.
Modi government has to come up with a robust economic agenda to impress the masses.
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support
The promoters, instead, raised it to 63.15 per cent, while reporting they'd brought it down to 28.6 per cent.
The loan will be utilised in several developmental projects that Nepal wants to undertake. Nayanima Basu reports.
Rohit Nandan, secretary, ministry of skill development and entrepreneurship, talks to Anjuli Bhargava.
'We need to take steps towards ease of doing business.'
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
Instead of announcing new schemes, focus will be on those already announced and key sectors.
A look into the state of Dalit entrepreneurship in the country.
Rs 200-cr burden likely for TV rating agencies.
A lot has been written about the impact of the recommendations.
It also opposed the suggestion that the contributions be transferred to the National Disaster Response Fund.
'Where is the analysis that we need to spend at least Rs 4 trillion to keep India safe?'
Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
Farmers with land sizes less than 0.01 hectare have an average annual income of Rs 54732 and annual consumption of Rs 61296, thereby, a debt of Rs 6564 each year. Compare this with the minimum pay for a government employee, says Devanik Saha.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Data captured in central government records have a lag.
'I am certainly not an employee of Sebi.'
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
Delhi Police claims that the FIR reveals serious cognizable corruption & cheating offences, so matter is within its jurisdiction.
Aditya Puri thinks the government is on track.
Fraud is a big concern among many board members.
The World Bank would provide loans to India at higher than its existing concessional rates but lower than the market rate.
Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
'A law firm checked credentials of Karan Ajit Judge and Nouam'
'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.
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