Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.
The CAG had taken a strong objection to the long delays by the BRO in constructing 61 strategically important roads.
The Central Bureau of Invesigation on Monday approached the Rajya Sabha secretariat seeking documents related to fake travel bills allegedly submitted by a Janata Dal-United MP against whom a case has been registered for making such claims.
The Taiwanese maker is adopting a model of setting up smartphone assembly lines in multiple cities across India.
'Modi must keep his members in check or risk losing domestic and global credibility,' Moody's warned.
Signs of a strong pickup in hiring by companies are adding to the rosier outlook for Indian households.
Of the 40 CEOs polled from across the country, 60 per cent identified a fractured electoral mandate as a bigger risk than trade wars, volatile oil prices, and inflation.
'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'
Domestic budget carriers SpiceJet, Indigo and GoAir have rolled out another sale offer with fares starting from Rs 1,699 for a limited period on domestic routes.
Sapience offers an innovative solution to measure the productivity of office and mobile workers, with almost no manual inputs from managers or employees, says Romita Majumdar.
'Villages are much better prepared than towns as far as COVID-19 is concerned.'
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.
Sanjay Mookim, India equity strategist at Bank of America Merrill Lynch, tells Puneet Wadhwa that this is not a time for investors to dabble in relatively small and illiquid stocks.
A PTI tally of figures announced by different states and union territories, as of 9.25 pm, showed a higher number of 1,76,792 confirmed cases and at least 5,100 deaths. It also showed nearly 86,000 recoveries and close to 85,700 active cases.
Migrants do many of the dirty and dangerous jobs in the region, from construction to the oil industry, transport and services
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
Jaitley also dismissed criticism that lower taxes were aimed at helping corporates.
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
National carrier Air India is running in losses and needs government's attention.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
'The debate is not whether the Indian defence apparatus is in a state of disrepair, but whether it is capable of securing the defence of the country if any envisaged threat becomes real.'
The feasibility study of Delhi-Chennai corridor is being done in cooperation with Chinese Railways.
The awarding of in-principle licences for 10 small finance banks is likely to be a game changer in a way which may not be adequately realised right now.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.
Love Sherlock, Dr Who, and Downton Abbey? Vanita Kohli-Khandekar finds out how the UK became one the world's largest creators of television content.
'People have been flying for years on the basis of a police clearance and an airport entry pass.' 'Then they came out with a convoluted thing -- that your police clearance must be from your place of residence.' 'Now if a pilot is sitting in Delhi but is from Timbuktoo, the papers will have to come from there.' 'So at any point, you have a certain number of pilots sitting on the ground because his AEP has expired and the papers haven't come.' Revealed: India's bizarre processes to get pilots to fly planes.
These trips can be as short as a month to 45 days.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Education remains one of the key focuses of the new government.
'Nobody expected the slowdown to go for these many days. Unfortunately, it is an unbelievably bad slow down.'
He was the army commander who planned Operation Bluestar. As army chief he planned Operation Brasstacks which rattled the Pakistan army. General K Sundarji was brilliant, ambitious and controversial, remembers Rahul Bedi.
'Women were not allowed in the Territorial Army before January 5, 2018. Presently girls are not allowed in Sainik Schools and Rashtriya Military schools. Women are not allowed in the army education corps, in the engineering services (as permanent commission), they can't be religious preachers in the army. There's a need to change with the times.'
FM proposed rationalisation of various tax exemptions.
Indian IT giants are outstanding companies with great management teams, but they have been held hostage by their past success.
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