The Rs 11,400 crore PNB fraud saga unfolded after a bribery complaint by the Hong Kong branch of an Indian bank.
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
Once Bhushan Steel is into its fold, Tata Steel will increase its capacity from 12.7 million tonnes per annum (mtpa) to 18.3 mtpa
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
This decision was taken at Executive Council meeting of National Association of Software and Service Companies held in Pune.
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
Bengaluru-based iKaaz Software, a mobile payment solution provider, is launching a new application, MOWA, that works almost like the Apple Pay
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees
India is a $180-billion automobile market, including vehicles and services. Of this, only $1 billion is online.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
The two sides signed a maritime security agreement after extensive talks between Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
While passing the scrutiny of courts is a tough challenge, with eight proposed amendments to the insolvency law, the government has sought to turn the focus back on at least some of the functions of the bankruptcy law.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
But mobile wallet companies say many consumers are not ready to give out their PAN
Double tax exemption on wages paid to women can encourage companies to hire, retain and compensate women better, argues Nitin Pai.
Listed entities would have to co-operate with intermediaries registered with Sebi such as debenture trustees and credit rating agencies
With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.
SFIO is looking into the role of Grant Thornton LLP which had valued the brand.
Public sector firms presented interesting offers on Day Zero placements at the IITs.
The agency is also investigating the overall financial structure of Kingfisher Airlines.
The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.
The United States National Security Agency collected almost 200 million mobile phone text messages a day from around the world that allowed it to extract contact networks and credit card data of users, according to the latest leaks from whistleblower Edward Snowden.
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
Low growth visibility and trouble with regulators have resulted in lack of interest from investors
Nine companies incubating at StartupVillage have made it to the second round of Nasscoms flagship programme to support 10,000 technology startups across India.
Shubhankar Sharma continues to live a dream as four-time major champion and former world no 1 Rory Mcllroy has extended an invitation to him for a practice round at the Augusta National Golf Club before the Masters begins in April.
As with TCS, most companies put their money in mutual funds, corporate bonds and bank deposits, which are losing their appeal versus government bonds in terms of both returns and safety.
This comes after the arrest of Syndicate Bank Chairman S K jain.
In a conversation with Vishal Chhabria and Hamsini Karthik, Gautam Chhaochharia, executive director & head, India Research, UBS, explains why implementing goods and services tax (GST) may not be as disruptive as many perceive it to be. But, he warns investors shouldn't have high expectations on corporate earnings.
VW is under pressure to identify those responsible, to say how vehicles with illegal software will be fixed.
Contrary to popular perception, health insurance is rarely expensive and claims are usually paid by the insurers.
Be cautious when purchasing from little-known Web sites.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
MUDRA bank will help microfinancing firms to lend more.
