Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.
The Election Commission of India has decided to seize both licensed and illegal weapons before the Lok Sabha election and will reject requests from political parties for change of poll dates because of festivals in Assam.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.
NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to Ratan Tata, N Soonawala and others.' "The Board is competent to remove an executive chairman. Mr Mistry's removal from the position of director came because he admittedly sent out company information to the I-T (department), press, and came out in public against the board and the trust."
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
The decision was taken on October 3.
NuPower will return loan with interest to consumer durables major by 2021
Women candidates have bagged the three top slots in the prestigious Civil Services examination to select Indian Administrative Service and Indian Police Service officers among others.
The Indian State does not believe in the rule of law. It does not even recognise the need to follow treaties that it itself signed. And so it is refusing to shell out to Cairn; and, as a consequence, has brought on the Paris humiliation, notes Mihir S Sharma.
A roadmap for the consolidation of public sector banks will be outlined during the year.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
Conversion of outstandings into equity even partially should be a strict no-no says Chatered Accountant S Murlidharan
The fair market value of an immovable property will be higher from the acquisition cost.
Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
Five key capital market announcements from the previous Budget.
Every river is a living person, argues Gopal Krishna on the basis of the recent Uttarakhand HC verdict.
Valli Arunachalam had alleged that the group promoters have a gender bias against women getting into the family business and, hence, she and her sister were denied a berth on AIL's board.
The only objective of the government's ordinance was to protect it's loyal ally, says BJP's Arun Jaitley
While critics and protestors have multifarious arguments to offer, the defence of CAA has been uni-dimensional and uni-focussed as has been the case with most policies of the Modi government and the political positions of his party. But to be drawn into an issue that has assumed more than local and national dimensions, Rajini has knowingly or otherwise, taken the plunge and in favour of the BJP -- or, so it has come to be seen, says N Sathiya Moorthy.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Nair blamed the then United Progressive Alliance government for the "hasty" decision to cancel the agreement with Devas
Businesses coming to terms with Ind-AS (Indian Accounting Standards) implementation, GST can do without further uncertainty and costs, say N Sundaresha Subramanian & Sudipto Dey.
'If you ask India's finest business leaders, they now tell you -- in whispers, of course -- that the mood has never been so glum after 1991,' says Shekhar Gupta.
The government has provided a long-term vision.
The worst-affected Sindh province reported 90 new coronavirus cases, taking the provincial tally to 357. The new cases have been detected in pilgrims who returned from Iran and have been quarantined in Sukkur, according to a spokesperson for the Sindh health department.
Despite sanctioning the loans, bankers are worried whether to disburse the loan because of absence of an investment grade rating.
State Bank of India (SBI) chairman Rajnish Kumar, in conversation with Abhijit Lele, also says that the overhang of corporate debt stress will begin to recede in the next two-three quarters.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company
To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
It was in 1989, 39 years after the setting up of the Supreme Court in 1950, that Justice M Fathima Beevi was appointed. Meet the brilliant legal minds who have shattered the glass ceiling since then.
The Indian Formula One Grand Prix is expected to return in 2016 as a "fruitful" meeting between F1 boss Bernie Ecclestone and race promoters has prepared the ground for the comeback of the high-profile event.
With months to go for the Karnataka assembly elections, the man in the hot seat, Chief Minister Siddaramaiah says he'll make billionaire jeweller Nirav Modi and the Punjab National Bank scam an issue in the upcoming Karnataka elections . In an interview to CNN-News18's Deepa Balakrishnan, the CM also says that Hindutva is not a campaign issue in the state.
The nullifying of the NJAC Act has put the spotlight on the Judiciary. Concepts like transparency, being open to change, leading from front, management of perceptions that were reserved for the Executive earlier are now relevant for the Judiciary as well, says Sanjeev Nayyar.
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.