11th-hour debt restructuring programme offered no concessions to creditors
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
According to SFIO, the modus operandi of the Reebok fraud involved filing fictitious invoices to show inflated sales, recording fictitious sales by raising prices of goods sold.
Not all NPAs are treated as wilful defaulters.
More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.
On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward
FDI inflows into India were $34 billion in 2014, up 22%.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
Brokers have only kept guarantees for which they have open positions.
Uber's draft prospectus for the biggest IPO in the world since Alibaba's in 2014 has projected a major cash burn for Uber in trying to get a significant market share in India, reports Karan Choudhury.
Only nine of the airline's 370 daily flights were making profits.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
The result of the opinion polls would allow the government to move ahead quickly to reach a deal with creditors
The industry began to upgrade its practices even before the NGO alleged Indian tea contained harmful pesticides.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
The Delhi High Court-appointed observer Justice Mukul Mudgal has given a scathing report on the Delhi and Districts Cricket Association's functioning during this year's Indian Premier League with strong observations against a few senior DDCA office-bearers.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
NRIs could run into difficulties if they possess discontinued currency notes amounting to a high value.
IFC will act as a transaction advisor for the projects to be developed in the public-private partnership mode.
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
Concerned about the deteriorating financial and operational performance of the Kalanithi Maran-promoted airline, the DGCA had on Friday withdrawn 186 flight slots of SpiceJet and directed it not to take bookings for flights beyond a month.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe
Religious minorities in India have been subjected to "violent attacks, forced conversions" and 'Ghar Wapsi' campaigns by groups like the Rashtriya Swayamsevak Sangh after the Modi government assumed power in 2014, a US Congress-established panel has said.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
Watal panel had suggested an independent payments regulator be set up.
It was unclear how bankers were deciding which jewellers to support
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
Overseas education consultant NNS Chandra offers advice on how to pick the right international career for you.
Indian talent may soon be allowed to work in France without a degree from a French institute.
The Board rued that its efforts to resolve the concerns of the founders - who together own about 12.75 per cent stake in Infosys - over the course of a year through a dialogue have not been successful.
A fresh global skill gap study shows how India can tap opportunities in Germany, New Zealand, Qatar, Malaysia, The Netherlands, Saudi Arabia, Singapore, Sweden, Switzerland, UAE and the UK.
India is on its way to become a mobile app-first market and e-tailers and start-ups have begun their race to capture the next set of users in India - those who access vernacular content.
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Like Air India, there have been recent cyber attacks on some major airlines, including one in Canada, and a global airlines alliance
News of all that's transpired on and off the football field.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.