India Inc on Wednesday said the Reserve Bank's move to cut interest rate by 0.50 per cent is "pro-growth" and exhorted banks to transmit the lower interest rate to borrowers to revive demand and kick-start the investment cycle.
The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.
As corporate India prepares to put its house in order, the transition raises concerns
Falling jet fuel prices and a revival in domestic traffic growth offer the new CMD a once in a lifetime opportunity.
According to estimates of KPMG Advisory Services, around $1 trillion is laundered globally, of which $23 billion is remitted to India. The firm's Executive Director Arpinder Singh said that 40 per cent of this amount is routed through the parallel banking system.
There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and project management software to overcome the physical limitations in verifying transactions and accounts.
With Indian banks going global they are increasingly getting conscious of implementing anti-money laundering techniques.
Fraud is a big concern among many board members.
Federation of Indian Airlines has appealed to DGCA to extend notice period of flyers from 6 months to a year
The problem, says Chandrasekaran, arises from the lack of access to services, including healthcare, education and financial services.
Wipro, HCL in race for Sebi's fraud detection system upgrade,
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
Recently, there has been a mushrooming of international apparel retailers.
The once-powerful Japanese major is left with little to show in the face of sustained competition from rivals.
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
With its free listing of goods and services, Facebook could disrupt the paid model adopted by classified players in the country, say Ayan Pramanik and Raghu Krishnan.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
'The DGCA may require airlines to install CCTV cameras on all flights and retain the footage in case of unruly behaviour.' 'Else, it would be left to individual interpretation of the involved parties.'
Valued at $5 billion, Byju's has seen growth sky rocket in the last two years on the back of mega VC top-ups.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
Analysts believe the GST could boost India's economic growth by up to 2 percentage points
Bengaluru's average home prices are Rs 4,000 a sq ft.
The revised structure will help to keep airfares down, when airlines already face a triple challenge of rising crude oil prices, rupee depreciation and constrained airport capacity.
Top Indian companies are ending the year 2005 with a flurry of overseas deals, capping a trend of the past year that saw mergers and acquisitions worth a record $10 billion.
Sanghrajka has spent 13 years in Infosys over two stints and has performed various leadership roles in the finance section.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
Of the 538 projects examined, 294 suffered from cost overruns, 303 from time overruns, and 166 projects suffered both time as well as cost overruns.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
Aditi Ashok is in a great position to launch her challenge over the weekend at the KPMG Women's PGA Championships.
10 million out of 51 million small and medium businesses have presence on Google Search
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.
