ITC is one of those few enterprises in the world that has traversed a 100 year journey and has yet managed to remain contemporary, relevant and competitive.
Vagela could not have reached this position if Narendra Modi, who'd known him from his chief minister days, had not backed the choice.
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
Prime Minister Narendra Modi promised a conducive environment for manufacturers, including a discrimination-free tax system
Since 2000, India has had three serious droughts.
If India grows at 8 per cent, the Indian banks will grow much faster.
The idea of the payment banks is to provide access to banking for people, especially in rural areas.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
Where Ms Chawla seems to have erred is that she has not been able to build the desired credibility required to champion the cause she took to court.
Cigarette companies have substantial wriggle room thanks to India's complex tax structure, which categorises them by length and filter
The onus is on companies to put in place a vigil mechanism to detect and deter fraud.
It may not be an exaggeration to say that in the next three years, in India itself a million jobs or more might be at risk due to automation. How we leverage its benefits will determine our fate in the digital era.
The goal of the Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households, a panel chaired by Nachiket Mor that submitted its report to the Reserve Bank of India last week, is truly a BHAG.
'In the last five years of UP government, the UP police were given a fair environment and the rule of law always remained supreme.' 'In these five years, nobody within BJP dared tell a police officer to act against the rule of law.'
Government's financial inclusion mission is well intentioned, but it may be putting a severe strain on the banking sector.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Prime Minister Narendra Modi will flag off the first phase of the pan India roll-out of COVID-19 vaccination drive at 10.30 am via video conferencing.
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
Challenges notwithstanding, there are handful of players who continue to stand tall and scale-up their business. Many of these are taking inspiration from hyper-local grocery and food-delivery business to go full stack, says Sangeeta Tanwar.
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
Say heavy penalties for medical errors might raise health care costs and make practitioners too cautious, says Sushmi Dey
Coca-Cola's acquisition of British coffee chain Costa, its biggest acquisition of a brand in history, faces three challenges in India.
United Spirits had a tough time in recent past due to management related issues. Going ahead, corporate governance is a big challenge, say experts.
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
The fiscal deficit for 2015-16 may eventually come down to the targeted level of 3.9 per cent of GDP.
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
This analysis is based on the quarterly earnings for 724 companies.
'Agri reforms need to go beyond the limited concerns of these three laws in improving agriculture productivity in cereal and crop diversification and production patterns.'
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
The idea was that despite some defaults the high rates would assure good profits.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
What stocks will gain from a normal monsoon?
Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms
Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.
IndiGo is arguably more a financial services company than airline.
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