Unbanked customers can expect easier access to banking.
The culture clash isn't the only issue - most of the founders are still wary of risky bets while the new management thinks calculated aggression is necessary in the new world of business, says Shyamal Majumdar.
Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.
Despite difficult working conditions, Indians are still seeking jobs in Gulf countries
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
However, worries on inadequate import and issues for the FTA pacts.
The acquisition of ZipDial however has proven that even a proven business model could be an attraction point.
Jaitley promised higher investment in roads and railways.
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
Two case studies on how one can use the exemption method or the credit route
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
Formula One faces a risk: with Malaysia pulling out of a new deal, they could altogether lose their presence in Southeast Asia, one of the world's fastest-growing regions.
The GST bill's draft says tax would be levied on Maximum Retail Price
An exchange which preaches others on governance must start practising it first, says Shyamal Majumdar.
A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment
The rules will affect Indian companies that take most decisions about their foreign subsidiaries.
Exemption from minimum alternate tax for REITs & infrastructure investment trusts; Depository receipts on all securities eligible for tax benefit
Arun Jaitley said he would put the DTC Bill in cold storage.
With the demand for lower costs in process driven activities and a move away from the high rate, billable hours of legal services, AI platforms are being used internationally in many legal tasks.
If you are looking to stay in the property, unnecessary delays will only increase the cost.
The government has made employers responsible for verifying whether the claims filed are according to the law. Earlier, companies went only by self-declaration of employees.
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.
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India's hydroelectric power generation grew 17.5 per cent to 7.5 billion units in January this year from 6.4 billion units in the same month of 2012.
The stipulation that new front-end stores will have to be set up will impact M&A in the sector.
Investors prefer exits with lower valuation to staying invested for a longer term
Taxpayers might face several issues while filing returns this year.
The agency did not seek a reappointment in FY12.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'
TRAI said that Internet service providers would not be allowed to discriminate on pricing of data access for different web services.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
The largest private sector lender is also looking to open a full-fledged branch in China, where it already has a representative office, managing director and CEO, Chanda Kochhar said during the bank's 19th annual general meeting in Vadodara.
Goa, Uttarakhand and Meghalaya will initiate schemes to enable 24x7 power to consumers.
Measures may include tax slab and rate revisions for individuals, companies.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
