A survey of 300 engineering colleges revealed that only 29 per cent engineers are employable, while 30 per cent can be made employable after further studies, whereas 48 per cent are simply not employable
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The ripples from November 8 may be seen in next year's state budgets.
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The interface allows you to add multiple banks and transfer money, even between payment wallets, for a fraction of existing costs
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.
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.
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 is easy to invest in exotic products but difficult to exit them. Think carefully before investing rather than being blown away by expected returns alone, suggests Mrin Agarwal, founder, Finsafe India.
'In India, we are paying a price for not managing water as we are not willing to pay the cost for it.'
'The jobs that are being created now are the delivery boy jobs which are of extremely poor quality, or contractual jobs where you hire a person on a per piece basis.'
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
The real benefits can be seen when prices stabilise, preferably at levels acceptable to both consumers and producers.
Beware: During the period that you avail of the moratorium, there would be no repayment of interest or principal. Thus, the outstanding will go up substantially for this period as a consequence
National carrier Air India is running in losses and needs government's attention.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
In the past four months, $7.5 billion has flowed back into domestic stocks, helping the benchmark indices bounce back more than 40 per cent from their 2020 lows.
There, however, has been an improvement in operating margins.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
'Is standing in a queue any bigger sacrifice than that of a soldier's family?'
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
Mumbai's Bandra Kurla Complex moved down from 18th to 19th position.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
Fraud-hit Punjab and Maharashtra Cooperative (PMC) Bank on Tuesday invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction. Subsequent to commencement of the normal day-to-day operations, it will be open for the investors to convert the bank into a small finance bank by making an application to the RBI, the lender said.
There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.
An ambitious long-term vision to ensure economic connectivity between India and the rest of Southern Asia is critical to India's trade policy objectives.
Take an education loan. Encourage them to freelance while studying.
Had the slain Indian-American engineer stayed in India, he would have earned less but his life might have been spared, Sunanda K Datta-Ray says, pondering the question of where one belongs.
For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.
The bank will have around 501 branches.
Prime Minister Narendra Modi is addressing the nation for the seventh time from the ramparts of the Red Fort on Independence Day on Saturday and it will be his second speech of the second term in office.
It's not as easy to know how the funds were deployed and gauge the impact.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
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