Move comes in view of big debt overhang in two sectors; companies unwilling.
Move comes in view of big debt overhang in two sectors; companies unwilling.
The company is modelling its many ventures on Alibaba in China.
The EU ambassador to India hoped the principle of equality will be upheld in the CAB. He also said that Pak must take action against terror groups.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
Social networking site, Facebook, has faced sharp criticism from the European data protection officials for putting users privacy at risk due to the changes it brought to its service, a media report said.
The bulk of of trading on stock markets is done algorithmically, by computerised clerks working at the behest of human traders.
Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016.
Sebi has time and again voiced its concerns over higher agents' fees.
Information Commissioner Sridhar Acharyulu said government facilitates freedom fighters and gives pension but revolutionaries like Bhagat Singh are not even give the status of a martyr leave aside any financial support to their families.
The proposed IFC disrupts existing regulatory structures.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
Traditional plans are the biggest area of concern for consumers.
The decision of the Telecom Commission to approve in-flight connectivity won't just bring cheer to the chat-friendly passengers, but even more to the telecom industry facing severe financial stress, says Nivedita Mookerji.
The Railways is expected to mobilise a substantial chunk of funds through dynamic pricing.
The PMS manager can only charge performance fee to investors if the fund has crossed its highest value as on the day when the fee is supposed to be charged.
It had entered the segment by pumping in over $290 million.
A neutral Budget for media and entertainment sector.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
Facing black money investigations in India and several other countries, global banking giant HSBC on Monday said it is also being probed in the US for hiring candidates related to government officials in Asia Pacific.
The country's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March period, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output.
With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.
Nirmala Sitharaman has designed the revenue mix in such a way that while Centre's share in taxes would grow a massive 25 per cent, states' share would grow a dismal 6 per cent.
Functioning from 8 am to 8 pm, it deals only with mental stress
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
Diane Wang's DHgate makes inroads into India's e-commerce ahead of Jack Ma's Alibaba.
Critics say Modi scores high on oratory but has delivered on few of his election campaign promises.
The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.
The proposed reduction in license fee for long distance services (STD and ISD) providers would impact the current levels of government revenues directly by about Rs 500 crore (Rs 5 billion) in a full fiscal.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
'While all would agree on the need to be ready to launch cross-border strikes on terror camps, there is sharp disagreement on how best to do it.' 'Through IAF fighters, or surface-to-surface missiles?' 'Or should army Special Forces be created to do the job?' 'If air strikes are the agreed priority, additional funding must be made available for the purchase of fighters and missiles.' 'If it is to be Special Forces, the army must be facilitated in raising a Special Forces Command,' notes Ajai Shukla.
Sensex surged 486 points or 1.9%.
According to the proposed agreement, Japan will provide financial assistance to the tune of 81 per cent of the project cost as soft loan.
The revision of the consumer price index and GDP base years from 2011-12 and 2012, respectively, were dependent on the outcomes of the consumer expenditure survey of 2017-18 that the government decided to junk recently.
'If the current mood in North Block, headquarters of the finance ministry, is anything to go by, the government will now keep a closer watch on all kinds of schemes and projects undertaken by different central ministries. 'The next six months will determine which central schemes will have to be wound up and which ones will survive the axe,' says A K Bhattacharya.
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