The change in WTC rule, prompted by the disruption caused by the COVID-19 pandemic, allowed Australia (82.22%) to leapfrog India (75) to the top of the standings
BCCI finally agreed to come under the ambit of NADA, in the process becoming a National Sports Federation despite being financially autonomous.
'You can still acquire the COVID-19 virus even if you are vaccinated.' 'But if you develop the disease, (after being vaccinated) the likelihood is that it will be mild.' 'It just makes sense to continue to take precautions, because you may be around a lot of unvaccinated people.'
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
India wasn't applying widespread crash testing like foreign countries do, so manufacturers didn't see the need for an investment focus on safety. Customers rarely walked into showrooms asking for the safest car. They wanted the cheapest or the most fuel-efficient or the best-looking car.
'To prevent large gatherings, BAPS mandirs (temples) will be closed throughout the world, but devotees will be given daily darshan through the websites of each mandir,' the BAPS said in a media release.
People have developed a fatalistic attitude where they believe that anything can happen. They think, 'there's no medicine, no beds in the hospitals, what are we alive for?' And when you get that kind of an attitude, you stop taking precautions
'I would go for Bharat Biotech's Covaxin and not Covishield, and that is my personal judgment since at least 11,500 have got at least one dose by now and it has proven to be safe.'
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
As world leaders discuss measures in Copenhagen to save the planet from global warming, Nordic airline Finnair has mooted setting up of a global body under the United Nations to regulate emission trading.
Rahul Johri has been included in the six-member working group, set up by the ICC, to consider the sanctioning of players' release for the franchise-based Twenty20 leagues across the world.
The question mark over Vodafone Idea's survival is gone after the government's telecom package, managing director and chief executive officer Ravinder Takkar said in an interaction recently. The extended moratorium for spectrum payments and adjusted gross revenue (AGR) dues has indeed ensured that Vodafone Idea survives, at least for the time being, but questions remain. Answers to those questions may determine the future of Vodafone Idea and its power to stay in a difficult telecom market in the coming years.
'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.
Planning is not only a question of having a vision, says Jyoti Hosagrahar of Columbia University.
Taking cue from global best practices, aviation regulator Directorate General of Civil Aviation has drafted rules to allow a pilot take a short nap on flight deck, with the other pilot taking full control of the aircraft on a long-distance flight, official sources said.
Finance firms in these SEZs likely to get tax breaks.
A new law has been put together to actually take control of the mining sector away from the government, specially the Union government, and make regulation by an independent authority the basis of mineral development in India.
The approval comes a day after Sinopharm said its vaccine showed 79.34 per cent efficacy and a 99.52 per cent antibody-positive conversion rate in the interim results of the Phase III clinical trials.
The West Bengal government on Monday introduced two amendment bills in the state Assembly to boost investments in the state.
If India Inc sincerely feels the separation of posts is not a good governance measure, it must spell out its doubts clearly to Sebi and give cogent arguments rather than mundane ones like India is different, argues J N Gupta, member, Kotak committee on corporate governance reforms.
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
Regulator believes Jet Airways deal triggers open offer
'Seen in the context of world turmoil in face of the pandemic and the Chinese 'miracle' of being the only country in the world to control it, this is not merely a 'Sputnik' moment, but a 'Sputnik Plus' moment,' argues Colonel Anil A Athale (retd).
Proceeds of the crime had been siphoned off and laundered or concealed, or layered and integrated into the main financial system through the acquisition of properties. His wife Bindu Kapoor has been charged with being aware of the source of monies that were being routed through these companies.
The Bar Council of India (BCI) on Monday said lawyers across the country would abstain from work on July 11 and 12 in protest against the government's Higher Education and Research (HER) Bill aimed at usurping its control over the legal education.
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
A large number of large and small businesses process EU data, have customers from the EU or have access to data of EU citizens in one way or another.
Latha Nair, partner at K&S Partners, examines what constitutes a GI tag and what the gaps in the Indian GI law are.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
Realising the importance of sustainable development, Indian companies are increasingly taking into account the environmental impact of businesses while taking decisions, industry body Confederation of Indian Industry said on Wednesday.
Many lay folks cannot fathom the arcane language of the corporate governance brouhaha. I found that a mythological story connects very well, says R Gopalakrishnan.
There were apprehensions in the SII about rival Bharat Biotech's 'indigenous' tag, opening up shortcuts for it. One senior person, who was very familiar with the sector, told me, 'The message has gone out from the very top. Somani (V G Somani -- drug controller general of India) has told me "Bharat ka karna hai".' A fascinating excerpt from Abantika Ghosh's Billions Under Lockdown: The Inside Story Of India's Fight Against COVID-19.
The NPPA letter was issued to GSK on Wednesday.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
In the first highest level face-to-face contact between the two sides after border tension erupted in eastern Ladakh in early May, Singh and Wei met for two hours and 20 minutes in Moscow on Friday evening on the sidelines of a meeting of the defence ministers of the Shanghai Cooperation Organisation.
Zimbabwe and Nepal were suspended in July this year following government interference in the running of the Board.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The airport operator currently levies a development fee of Rs 600 from an international passenger and Rs 100 from a domestic traveller.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
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