'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
Inviting private sector in Indian Railways is a good idea.
'Vajpayee used to consult the Opposition; Indira Gandhi used to consult the Opposition. Which khet ki mooli is Modi?'
Modi and the Qatari Prime Minister, who is in New Delhi on his first visit, discussed enhancing cooperation in defence and security, in particular in cyber security and agreed on joint action to tackle money laundering and terrorist financing.
'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.
Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Cybersecurity is a great opportunity for you to start your career.
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
As West Bengal, Kerala, Assam, Tamil Nadu and Puducherry prepare for new administrations, one is reminded of the disparity that runs through the veins of the Indian states, notes Mihir S Sharma.
Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.
Renewable energy is mistakenly restricted to electricity.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
India has one thing that China has - the potential to be of interest as a huge market in its own right.
Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.
Make in India needs policy support for access to markets.
There is a link between objectives and commitments.
Sahai, who did his master's in economics from the University of Delhi, is currently head of Citi's Securities and Fund Services business.
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
The Budget sets out a comprehensive vision.
India and France on Monday inked an Inter-Governmental Agreement on the sale of 36 French fighter jets, Rafale, but were unable to sign the final deal due to some "financial" aspects, which are expected to be sorted out in "couple of days".
Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.
This Budget signals a shift from a hand-out to a hand-up economy.
Key relaxations traced in final regulations.
'Malicious files can silently sit in your phone and relay data to hackers without your knowledge.'
India and South Africa on Friday agreed to deepen engagement in key areas of defence production, manufacturing, mining and minerals and combating terrorism.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
His 7-day long trip to the United States starts on June 17.
Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
New Development Bank plans to issue $300-500 mn worth masala bonds in rupee: K V Kamath.
RIL may go to arbitration which may lead to further delay in production and extra cost associated with the arbitration.
EduBridge is emerging as a strong player in training unemployed youth.
Switzerland may tighten its anti-money laundering laws after a report by a government-appointed group found the country was still subject to financial crime.
