With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
The economic growth fell to a decade low of 5 per cent in 2012-13 fiscal.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines that will allow car dealers to become Motor Insurance Service Providers (MISP) and offer the policies of multiple general insurers, says Sanjay Kumar Singh.
The amounts were transferred from HDFC Bank to BoB.
Rail ministry pinning hopes on foreign partner and private capital
Here are some frequently asked questions about the one rank, one pension scheme
Modi government has to come up with a robust economic agenda to impress the masses.
The government has set a total revenue target of Rs 40,874.5 crore (Rs 408.74 billion) this fiscal from spectrum, including auction amount, one-time spectrum charge and annual regular licence fee.
Govt looking for common ground on GST; hopes to pass it soon.
Summary of sports events and persons who made news on Friday
Prime Minister Narendra Modi congratulated Rajapaksa and said he looks forward to further deepen relations between the two nations.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
Start with social media. Find free selling platforms.
The poll promise is an attempt to woo the middle-class and rich voters in the wake of the party's growing unpopularity.
Finance Minister Arun Jaitley on Friday said as many as 37,506 tax dispute cases were pending before various Income Tax Appellate Tribunals having a financial implication of Rs 1.45 lakh crore at end March 2015.
The UK has responded to PM Modi's call to 'Make in India' by launching great collaborations in January 2015.
'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).
Unimaginative increments, persistent refusal of funds have turned the military into an underfed child scared to ask for a full meal.
The Paris-headquartered FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
National carrier Air India is running in losses and needs government's attention.
Four people have died including one each in Delhi, Karnataka, Punjab and Maharashtra.
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
Nasheed, whose Maldivian Democratic Party functions from Colombo, appealed for India's help.
Given the developments, analysts do not foresee a quick recovery.
Finance Minister Arun Jaitley to discuss key issues with state finance ministers.
Hundreds of army veterans held a 'Sainik Ekta' rally to press for "honest and truthful justice" as they rejected the One Rank One Pension scheme announced by the government even as some ex-servicemen groups dissociated themselves from the demonstration.
'Implementation of GST would lead to the growth story of India'.
Delhi CM Arvind Kejriwal said the govt will extend a loan of Rs 551 crore to two civic bodies; and alleged a situation was being created through the ongoing strike to prepare grounds for imposition of central rule.
In July, IRS officers in Mumbai held an incendiary meeting where they criticised the alleged interference in 'operational matters' by the department of revenue.
A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.
The Pakistan High Commission staffer, who was detained for his alleged involvement in an espionage ring, belongs to the Baloch regiment of Pakistani Army and was on deputation to spy agency ISI since 2013.
Infosys is steadily trying to get back its lost ground under Sikka.
Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
The abolition of wealth tax is again a welcome step.
Modi govt must take measures to prevent widening of fiscal deficit.
India's gross domestic product product (GDP) growth rate between 2011-12 and 2016-17 should be about 4.5 per cent instead of the official estimate of close to 7 per cent, he said in a research paper published at Harvard University. "The Indian policy automobile has been navigated with a faulty, possibly broken, speedometer," he says in the paper.
A slowdown in India's growth rate, the bank said, has also affected the growth rate of South Asia. As a result, South Asia has fallen to second place after East Asia and the Pacific.
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