A magisterial inquiry report reveals that the Goa nightclub where a deadly fire killed 25 people was built illegally on salt pan and operated without a valid trade license, indicating serious lapses and collusion at multiple official levels.
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
Goa government takes action against officials after a magisterial inquiry reveals negligence in connection with a nightclub fire that killed 25 people.
Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
The original owner of the land where the Goa nightclub fire occurred claims he had flagged illegalities and fought a legal battle for 20 years.
These automotive companies were afraid of competition and made wrong accusations on grounds of safety.
A large number of medical device-manufacturing units have been forced to move to Vietnam and Malaysia due to delays, inconsistent timelines, and a lack of transparency in licensing processes, according to the Parliamentary Standing Committee on Health and Family Welfare.
Haryana govt to impose licence-raj for cable TV
Two Indian Air Force pilots were killed when a Jaguar trainer aircraft crashed near Churu, Rajasthan. A court of inquiry has been ordered to investigate the cause of the accident.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
Everyone, from the government to companies and customers, is paying a price for the short-sighted policy on spectrum.
The sugar industry clamouring for control and intervention should set the alarm bells ringing in the corridors of power.
Prime Minister Narendra Modi on Thursday accused the Congress of practicing appeasement politics, saying the party's priority was "family first." He asserted that the BJP-led government operates on the principle of 'Sabka Saath, Sabka Vikas' (development for all) and prioritizes "nation first." Modi further criticized the Congress's approach to reservations, claiming it was aimed at creating divisions within the country. He highlighted the BJP's initiatives to empower marginalized communities, including the constitutional status to the OBC commission and the introduction of 10% reservation for economically backward groups.
Broadly, where policy has remained mainly in government hands, the problems more thoughtful commentators noted back in the mid-nineties remain.
Former Indian Prime Minister Manmohan Singh passed away on Thursday night at the age of 92. He was brought to the emergency department of AIIMS Delhi in critical condition after "sudden loss of consciousness."
He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
The deportation of Indians from the United States, deaths in the Maha Kumbh stampede and the joint Parliamentary committee report on the Waqf bill were among the issues that led to heated exchanges and some disruptions in an otherwise smooth first part of the Budget session that ended on Thursday.
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
Recalling how the industry used to face "hardships" in securing permissions and "harassment from bureaucrats" 50 years ago, chairman of the Pune-based vaccine maker Serum Institute of India (SII), Dr Cyrus Poonawalla, on Friday hailed the Modi government saying that red-tapism and licence raj have come down under its rule.
'My two life mantras are prioritisation and compartmentalisation.' 'Prioritisation allows you to put one thing over the other and compartmentalisation to focus on one priority at a time.'
'We have done tremendous automation in the stock markets'.
A Bill to change the PCA (1988) was introduced in the Rajya Sabha earlier this month.
It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.
Mumbai police on Thursday issued licence to two dance bars as the per the new guidelines laid down by the Maharashtra government.
India on Monday announced the results for the country's first critical mineral auction. Amid the tepid response from big players, the list of successful bidders included some lesser known names. A total of five companies secured bids for six critical mineral blocks of graphite, manganese, phosphorite, lithium, and rare earth elements with auction premiums ranging from 13.05 per cent to 400 per cent.
Narendra Modi's recent observation that India's fate would have been different had Sardar Patel been the country's first prime minister, instead of Jawaharlal Nehru, has caused a stampede of public opinion.
According to the minister, his son Vikas Kishore lives at his Lucknow residence but he was in Delhi when Vinay Srivastava, described as his friend, was murdered at the house.
Corporate affairs minister Murli Deora has supported the recommendations of the Parliamentary standing committee to make spending under corporate social responsibility (CSR) mandatory under the proposed Companies Bill. Pending the Bill, the minister also announced a slew of measures to simplify procedures akin to the licence raj.
Things have changed dramatically for India Inc post liberalisation in 1991. Business Standard catches up with three industry veterans on what reforms meant in the early days and what lies ahead . . .
The government has also introduced procedures for consideration and approval of applications and have set times lines for various stages of processing
From the days of the Licence Raj to the 21st Century, Indian business scene has seen huge changes.
'We should look at is full year's growth rather than quarter numbers.'
Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.
'I want us not to underestimate Indian voters. They can tell good work from bad.'
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