In the aftermath of the PMC Bank mess which was in the RBI's highest rating of 'A' category, trustworthiness of these ratings may be up for a review.
India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.
None of the 2,600 workers had any clue about the suspension of work notice, put up on the gate of India's oldest automobile plant last Sunday.
The 18 year old from a small town of Rajasthan has been signed on by the agency that manages supermodels like Gigi Hadid and Miranda Kerr.
J&K Governor N N Vohra on Friday ordered a security audit of all vital establishments and installations in Jammu and Kashmir by a multi-disciplinary team of security agencies.
The gunfight erupted after the army and police jointly surrounded Bhat Mohalla area of Handwara on specific information about presence of a group of militants there.
'What if Kim is alive as the latest reappearance suggests, but unable to rule?' 'Will his sister be installed as the leader to continue with the Kims's hereditary dynasty that began with the present ruler's grandfather?' asks Dr Rajaram Panda.
The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.
Fraud is a big concern among many board members.
According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.
Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs
Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.
There were no evidence of any kickbacks, inappropriate contracting or unreasonable expenses
'No commercial bank will be allowed to fail. There is nothing to worry about.'
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
The Centre said media reports cannot form the basis for seeking review of the judgement since it is well settled law that courts do not take decision on the basis of media reports.
Sanjay Bahel, who was on deputation to the UN from the Indian Defense Auditing services, has been accused by an internal inquiry of helping Telecommunications Consultations of India Ltd get contracts worth 100 million dollars.
"We will probe all aspects, including finding out if there was a sabotage angle involved," a fire brigade official said.
With the Lodha Committee seeking direction from the Supreme Court on appointment of former Union Home Secretary GK Pillai as observer to "guide" BCCI, the top brass of the board are unaware as to how the process of awarding nearly 100 pending tenders will be carried out.
'They're going to need to get some cricket before coming back into the squad. It's all part of the management. We'll have to wait and see'
Airfares in Indian market are unsustainable, says a senior Boeing official.
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
The external affairs minister also made it clear that with Pakistan, the issue is not Article 370, the issue is cross-border terrorism and the first thing that has to come to table for any talks with Pakistan has to be the terrorism issue.
The Congress claimed that Facebook has different rules for different countries and "that is not acceptable".
Under the FFS, concession is given to employees of the airline in which they can take their family to a domestic destination once a year at subsidised cost.
With the Delhi high court clearing the decks for the fourth and final Test between India and South Africa to be staged at the Feroz Shah Kotla, Delhi & District Cricket Association vice-president Chetan Chauhan declared on Thursday his association will "organise a good game", come December 3.
Some of the main points of the World Anti-Doping Agency (WADA) Independent Commission's (IC) report into allegations of widespread doping in Russian athletics. The commission was set up after Germany's ARD television said in a documentary programme aired on December 3 last year that it had found evidence of systematic doping and cover-ups.
Wants details of Vijay Mallya transactions over 4 years
Aditya Birla Group on Friday said it donated funds to political outfits through a trust for around 15 years and that these were done within permissible limits of the country's laws.
Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
The suspected security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
The list, according to media reports, also features reducing ties with Iran and closing a Turkish military base.
The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.
Corp tax arrears at over Rs 3.11 trillion as of Dec 2014.
Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.
Making India the top team in all formats of the game will be the priority for BCCI president Anurag Thakur, writes Rediff.com's Harish Kotian.
'I want to go back to India after my success here.'
'Which is your favourite scene in the film?' 'The scene where I get beaten up by the police in the lock-up and my friend Murad (Ranveer Singh) comes to meet me.' 'It was an emotional scene and showed a tough guy like Moeen in a vulnerable state.' 'Also, you witness a deep friendship in that scene.' 'I know the value of friends and I know that a friend can unconditionally help another.' 'It's very reflective of my own life.'
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