Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.
'We are no longer striving for a strategic partnership. We have arrived at one.'
'His record will be clouded by the same negative factors as of Rajiv Gandhi and Narasimha Rao, namely, their politics and therefore social policies,' says T C A Srinivasa-Raghavan.
Javadekar, along with Piyush Goyal and Dharmendra Pradhan, is among the few ministers who have party as well as ministerial responsibilities.
The Central Bureau of Investigation (CBI) is in the midst of a major operation which is targeting hacking hubs across the country.
'It was like a doctor giving some simple pain killers to a patient in dire requirement of chemotherapy.' 'There was no sense of urgency or desperation in this particular Budget.'
'Open defecation kills more Indians than any terrorist organisation could, but turning that around will take communicating that all Indians are created equal and that continuing this practice is anti-national,' points out Rahul Jacob.
Prime Minister Narendra Modi on Tuesday held talks with his Nepalese counterpart Sushil Koirala on key strategic issues after which ten agreements, including a pact on $1 billion assistance to Nepal, were inked.
The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank.
'Would you as the PM go through all the elaborate trouble of an interview, face all the tough questions from dogged journalists, who know what they are talking about, and yet end up with a result where more people are talking about the journalist than you?' 'It begs the question: Why go with an amateur when you can draft a professional?' 'Hence, I suspect, an adman.' 'In other words, let's cut to the chase: Thanda matlab Coca Cola!' notes Udit Misra.
FM he did not come down hard on Rajan to cut rates
'India showcased its ability to launch multiple Special Forces strikes simultaneously across a well defended front.' 'Through these strikes Pakistan was given a glimpse of the full range of India's military capabilities,' says Brigadier Gurmeet Kanwal (retd).
'We use the word "historic" perhaps too much, but the prime minister's visit certainly was historic in so many ways.'
De-scaling of businesses, job losses and subsequent impact on disposable incomes has created negative sentiment among traders, business owners and workers alike, says Abhishek Waghmare.
Clearly, rich Indians have little confidence in India. Perhaps we are also chronically dishonest.
Total scam in collusion with middlemen is estimated at over Rs 700 crore. Probe is on in 10 more cases.
'Last year, Rs 20,000 crore was ripped off from the banking system.' 'The situation has deteriorated under the Modi government.'
The jeweller, who had left the country before Punjab National Bank approached the CBI with complaint against him and Nirav Modi, said the media continued to conduct a trial by itself blowing each and every issue out of proportion.
Paramount Airlines had started its operations in 2005 and was flying to southern and eastern parts of India before it wound up 2010.
SFIO is looking into the role of Grant Thornton LLP which had valued the brand.
Tarun Vijay, MP, salutes the General whom he adored as a great friend.
Handle cards like you would handle cash.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
'He is seeking to harness the power of Indian Diasporas to national (support for India in global capitals) and political (enhance the Bharatiya Janata Party's support base) ends.'
The intial round of efforts did not achieve the objectives fully.
'The common man in India who doesn't have anything to hide will have to put up with this short period of discomfort.' 'It will not last more than 10 days at the most.'
With inflation figures expected to be well within RBI's target, there may be room for further rate cut.
In his first interview, after the launch of MOM in Mars orbit, ISRO chief K Radhakrishnan spoke to T E Narasimhan about the mission and the way forward.
The CBI has shared its findings with the Enforcement Directorate.
'NSA Doval and the PM are known to admire Israel's tough response to cross-border terrorism.' 'However, New Delhi's situation is far more complex than Tel Aviv's, which enjoys military superiority over all its neighbours,' says Ajai Shukla.
Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.
He was convicted in his 2012 trial of passing confidential boardroom information to his one-time friend and business associate Raj Rajaratnam
A glance back at some of the important ups and down Indian Inc faced in 2018.
India does not have a stringent privacy or data protection Act.
'So why didn't the police make it very clear that this is the line of investigation, this is what we are doing.' 'Nobody knows what kind of report was done.' 'Was she checked for (sexual assault)?'
According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.
Gold loans are a quick, easy and low-cost way to meet your immediate and emergency financing needs, but do ensure that you entrust your gold in safe hands after thorough due diligence, suggests Gaurav Gupta, founder and CEO, MyLoanCare.in.
'But that does not make him weaker than his adversaries.'
