'The babus in Delhi are not able to understand the pain industry is facing.'
The crux of the problem it appears is one of "trust" and the perception that a unilateral decision was taken by the board, allegedly to favour Raju's sons' companies.
India has again emerged as the most bullish country in terms of hiring plans, with 25 per cent of the employers intending to recruit people in the next three months.
Developers are tweaking their business model by launching smaller apartment sizes and playing the volume game to keep prices low and create buyer interest.
Trump was often synonymous with controversy, with divisive pronouncements on Muslims, immigrants, economy and terrorism.
The meeting between the two leaders lasted about 20 minutes.
Though the controversial Satyam-Maytas deal has been called off, regaining investor confidence will be an uphill task.
Goldman Sachs on Tuesday reported its first quarterly loss since it became a public company in 1999, after a severe decline in asset values, including real estate, hit the bank's revenues.
DLF Ltd, the country's biggest real estate developer, said its fourth-quarter consolidated profit plunged 93 per cent as buyers deferred purchases and the company was forced to offer discounts to customers at its residential projects.
There was no casualty or injury in any of the explosions
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand. The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity.
Companies in China, South Korea and Indonesia pay 25 per cent tax, while those in Malaysia pay 24 per cent. Only Japan has a higher tax than India at 30.6 per cent. Hong Kong has the lowest corporate tax rate of 16.5 per cent while Singapore has 17 per cent rate and Thailand and Vietnam levy 20 per cent tax on companies.
The very design of the GST will bring in revenue buoyancy.
Even though he consults chief ministers at regular intervals, the ultimate decision is still his own. He will be blamed, nobody else, if, god forbid, there is a huge spurt in fatalities after the reopening, notes Virendra Kapoor.
Aston Villa captain Jack Grealish has been charged with multiple driving violations after being involved in a car crash during the COVID-19 lockdown in March, police said on Thursday. British media had reported that police had opened an investigation after the Villa midfielder was pictured leaving an estate in Birmingham following a traffic accident on March 29.
The net worth of struggling Internet giant Yahoo Inc's CEO Marissa Mayer is estimated to be $310 million, according to Wealth-X, a global wealth intelligence and prospecting company.
'Our prime minister manifests a vision for India to be great and powerful, but the modernity required -- of thinking, attitudes, behaviour -- seems alien, if not abhorrent, to his constituency and associates,' says Ambassador K Shankar Bajpai.
The government is beefing up enforcement against tax cheats in real estate sector, says Panagariya
Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
Mumbai and Bengaluru also featured among the list of top five global cites in terms of future rental growth.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
Rising oil prices, sharp slowdown in mutual fund inflows and steep valuations remain the key risks for Indian investors going ahead.
'Infusion of fresh capital, handsome growth in deposits and focus on recovery should bring Yes Bank back on the growth path in the next financial year,' observes Tamal Bandyopodhyay.
The company reported sales of 3.75 million square feet in FY14.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
The agency has registered a case against Roy, his wife Radhika and RRPR Holdings for allegedly causing losses of Rs 48 crore to ICICI Bank, CBI sources said.
The Governor said the MPC had voted to maintain its accommodative stance, implying more rate cuts in the future if the need arises.
'Growth would have to be 7% in the October-March period, if the year as a whole is to clock 6%.' 'Who would bet on that when, in the world of real numbers, both exports and imports have continued to fall, car sales have continued to slump, and the industrial production index shows yet again a drop in output?', asks T N Ninan.
There is a vocal constituency of educated, well-to-do, articulate Indian elites who would rather go with the idea that too much democracy is a liability. That India needs a spell of benevolent dictatorship. Of course, they have never lived under one, points out Shekhar Gupta.
This is a first-of-its kind offering by Classic Coffees, a 150-year-old specialty coffee firm. The basic premise is that if you don't feel the same throughout the day, then why should your cuppa taste the same.
BlackBerry has no plans to sell its devices business even as the Canadian smartphone maker faces losses and inventory pile
No Dutch top-flight league soccer title will be awarded this season after the COVID-19 pandemic brought the campaign to a premature close, the Dutch FA (KNVB) said after a meeting with clubs and unions representing coaches and players on Friday. Ajax were top of the Eredivisie table with 56 points from 25 games, only ahead of AZ on goal difference, and both teams will now fill the Netherlands' qualifying places in UEFA's 2020-21 Champions League, Europe's elite club competition.
The Emmy nominations for 2018.
Police expect that toll to rise significantly as the building is searched.
Unless we control the coronavirus, we are going to struggle to get our economy and country back on track. The spectre of the virus haunts recovery, warns Naushad Forbes.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
