A group of high-powered individuals led by Anand Mahindra have come together to set up Krea university. The campus is expected to be ready by 2019 and the first batch of 100 to 125 students will commence classes in August next year.
'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'
A stream of people, including those from Rajasthan and Karnataka, walked into the only designated office before the closure of the one-time compliance window.
India needs to unleash technological and social innovations that can usher in a new developmental model the world has not seen before, TCS Vice-Chairman S Ramadorai said.
'All businesses have to be run for business, for profits on a sustainable basis. It may sound old school, but then I have been in business for 32 years and you can't change an old tiger's stripes.'
With the weaker-than-expected agreement at the recent Climate Change Conference at Lima, there is an urgent need to highlight endeavours in civil society and business for a sustainable global economy with grassroots empowerment, say Rajni Bakshi.
Ashok Leyland, ITD Cementation India have more than doubled.
The lock-in would be for a period of six months.
GST will yield 'better value for money' for car buyers, increasing automobile industry demand, says Sandip Neogi.
The market is moving up because there is a high degree of speculative retail and operator action. This is rarely a situation sustainable for any lengthy period, says Devangshu Datta.
Besides making property more expensive, these also affect the existing owners with higher taxes
ShopClues does 1.5 million transactions a month and claims to have 40 million monthly visitors.
Increased truck sales, new models push Leyland's share to 34%, from 30.2% in the same quarter a year before.
You might be unintentionally harming yourself.
The highest ranking Indian-American in the Obama Administration, Raj Shah on Wednesday announced to step down as administrator of the US Agency for International Development in mid-February next year after receiving high-praise from the President.
Leading the Indian-Americans on the list is 49-year old Aneel Bhusri.
Large-cap scrips are still trading at a discount to mid-caps.
'I'm an unbalanced human,' the founding partner of AZB, India's top law firm, tells Pavan Lall.
'We have seen a host of businesses across sectors generate economic value and wealth for investors.'
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
Since courses in the UK are of shorter duration, education, it may be affordable as compared to other study abroad destinations, says Sushil Sukhwani.
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Internet entrepreneurs are the next big thing in India.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
'Agriculture has been given the wrong kind of attention.' 'More innovations are needed for the sector to be successful,' says Devi Murthy of Kamal Kisan.
A market where prices are not likely to go up is excellent for the long-term investor.
"The RSS is trying to change the nature of India. Other parties haven't tried to capture India's institutions," he said.
What India should not do is take the path China took at one stage to become the world's foremost cheap factory, says Subir Roy.
Sources had earlier said Modi and Putin would also deliberate on impact of US sanctions on import of crude oil from Iran.
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
The origin of the challenge is the so-called "fresh start" process. Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the credit culture. So, while'Fresh start' is a welcome step as it will free up the debtors from the archaic laws of the colonial era, debtors need handholding and counselling to prevent any misuse, says Tamal Bandyopadhyay.
Modi announced a USD 14-million grant for community development projects in the Caricom and another USD 150 million line of credit for solar, renewable energy and climate- change related projects, a statement released by the Ministry of External Affairs said.
A fascinating glimpse from Somak Ghoshal's 10 Indian Heroes Who Help People Live With Dignity.
Richest 10 account for 41% of promoter wealth, up from 33% in December 2018, says Krishna Kant.
While auditors have come in for a lot of praise for their proactive stand against what they perceive to be dodgy practices followed by companies, there is still a long way to go, says Shyamal Majumdar.
'Whom do I want to marry and what decisions I make for marrying the person I love are totally personal decisions, in which neither the State nor the courts have any right to interfere.'
Some 800 million or more Indians gaze at their mobile phones all day. Whoever can crack what's news on the mobile phone for them and their families, for a nominal payment of Rs 10 a month, is a winner, says Ajit Balakrishnan.
The new guidelines can act as a deterrent for students who have for years been unfairly reaping the benefits of the 'Ctrl+C, Ctrl+V' method of research.
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
The partners intend to invest $2 million annually through the India Innovation Growth Programme for the entrepreneurs to develop technology-based solutions for the betterment of the society
