An asset swap can simultaneously boost public investment, reduce the fiscal deficit and keep fiscal policy from being pro-cyclical.
Uber would look to expand the service to six Indian cities
Zee and Star, the two largest media companies in India, are undergoing some radical ownership changes. What could it mean? Vanita Kohli Khandekar attempts an answer.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
'The government is abdicating its responsibility on healthcare.' 'Just to start this scheme, it will take a minimum till October 2018 and elections are coming in 2019, so before that this can go into the dustbin.'
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
'In terms of growth rate, India is better than China.'
Collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group.
Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay.
'Today when people are fighting to get their salary, you are telling them you will privatise airports!'
Assocham said even if an investment revival were to happen, it would be a time lag of at least 18 months before it reflects in the manufacturing sector.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.
Without disclosing other shareholders, Republic Media Network said the statement was being issued to "clarify the details of its promoter shareholding" in view of "misleading" media reports making "false and mala fide claims about the exact ownership of the consolidated network." It said Goswami through his personal investment and family owned around 84 per cent shareholding in ARG Outlier Media Pvt Ltd at the time of launch of the English news channel Republic TV in 2017.
Will Citibank gain from India's position among emerging markets?
Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.
Listed entities would have to co-operate with intermediaries registered with Sebi such as debenture trustees and credit rating agencies
The JeI (J&K) also has several trusts for running schools to disseminate orthodox Islamic education, has a youth wing and has numerous publications for spreading its fundamentalist ideology.
Rising oil prices, sharp slowdown in mutual fund inflows and steep valuations remain the key risks for Indian investors going ahead.
While sale of residential properties increased only marginally despite plethora of steps taken by the government through the year, office space leasing rose 40 per cent to touch an all-time high of 46.5 million sq ft -- a trend that drew investors to lap up India's first Real Estate Investment Trust at an issue size of nearly Rs 5,000 crore.
NuPower will return loan with interest to consumer durables major by 2021
India Inc is encouraged by a determined Budget.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
Seeking to create a global-sized bank, the Cabinet on Wednesday gave the go-ahead to the merger plan of SBI and its five associates, a step aimed at strengthening the banking sector through consolidation of public banks.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
'The rate cut will reduce the stress on customers and help the bank reduce its provisioning bill.'
States are apprehensive of losing their rights to raise revenue during emergencies.
The excitement around e-commerce is real but the valuations may be a bubble
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
The NSE Nifty ended 89.40 points, or 0.83 per cent, lower at 10,710.45.
The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.
It's also among the top five most valuable Internet companies in India, reports Yuvraj Malik.
Investors seem to be very keen on investing in startups.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
Prime Minister Narendra Modi enjoys a close relationship with Shinzo Abe. For Abe, "a strong India is in the best interest of Japan, and a strong Japan is in the best interest of India."
Market participants are now awaiting Thursday's meeting of the European Central Bank
The revived factionalism in the AIADMK, if not curbed now, has the potential to split the party vertically, warns N Sathiya Moorthy.
The Bansals losing out operational control of Flipkart comes at a time when global rival Amazon, in which Tiger Global holds a minority stake, is stepping up investment in India in an attempt to overtake the Bengaluru-based e-commerce firm.
This Budget signals a shift from a hand-out to a hand-up economy.
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