When they returned to Chennai from the US, their plan was to set up a successful business. Which they did. Then, something tugged at their heartstrings.
'Experience of administration may make a member of civil service a good administrator but not necessarily an able and impartial adjudicator,' observes the Supreme Court.
'Despite muted growth in financial services, all other businesses have done well.'
On February 17, 2009, Satyam case was handed over to CBI.
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
The Supreme Court had cancelled 204 such allotments.
The launch kicks off a busy period for Waterloo, Ontario-based BlackBerry.
FM is likely to raise tax slabs.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
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The introduction of fuel adjustment component in passenger fares will merely add Rs 450 crore.
The rise in India Inc's market value was led by asset-light firms.
On Tuesday, Bajaj Electricals extended its brand licence agreement with UK-based kitchen appliances major Morphy Richards, launching a new range of products. Chairman & managing director Shekhar Bajaj, cousin of industrialist Rahul Bajaj, tells Viveat Susan Pinto the company will increasingly focus its attention on its consumer products business.
Poor predictability, credibility and effectiveness of fiscal performance have been key reasons for successive governments failing to deliver on their promises.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
The allocation in the defence budget is inadequate to meet India's long-term threats, especially from China and Pakistan, says Gurmeet Kanwal.
No, I haven't made a mistake in the title. The age-old saying, 'Winners don't do different things. They do things differently,' made famous by Shiv Khera in his book You Can Win, is, in my opinion, wrong.
An old consumer electronics warhorse looks to leverage its past.
Africa is second only to West Asia as a net exporter of oil.
The EC limits campaign expenses incurred by a candidate to Rs 50 lakh to Rs 70 lakh. But there is no such limit on spending for parties. The vendors aren't complaining.
"It is me in the video, but the voice is not mine," Saravanan told reporters.
A plane carrying 72 people, including football players from Brazil, has reportedly crashed in Colombia. Authorities are responding to an emergency after an airplane with 72 people on board has crashed on its way to Medellin's international airport.
Adam Bain, the company's president and head of revenue, has emerged as an early favorite.
Australia paceman Mitchell Starc has expressed concerns about the pink ball to be used in the first day-night Test, saying it behaved "very differently" to the usual red ball and crowds might not even be able to see it.
Akash Banerjee is posing tough questions to the establishment -- and getting away with them.
From June 1 to October 4, the call centre scam mastermind collected Rs 12 crore from just one call centre.
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
The city needs some autonomy, or it will continue to decline in all the ways that are familiar, observes T N Ninan
Faced with a clutter of coffee houses and cafes that also serve the brew, the chain that has 119 stores in seven cities in India is looking at ways to differentiate its brand from the rest.
Is it a last ditch attempt to reassure consumers, or a way to gain the upper hand at the negotiating table, or is it just a way of exhausting the treasure chest before the lights go out
'The number of first-time investors into MFs can grow four times more than the current rate if we are able to accept the bank KYCs.'
They can carry huge amounts of data, have a lot of bandwidth, but operate at short ranges, between 200 metres and 2-3 km reports Surajeet Das Gupta
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
Vanita Kohli-Khandekar analyses why the rising tide of conservatism will not help India's ambition to have a world-class media industry.
'In the case of an India-Pakistan confrontation, the Chinese may undertake more than just posturing, thereby constraining us from deploying adequate forces for decisive results,' warns Brigadier S K Chatterji (retd).
Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
India's cumbersome arms procurement procedures and a plodding Ministry of Defence bureaucracy have long been blamed for shortfalls in combat capability. Now there is another, more worrying, reason - a growing crisis of funds, magnified by the lack of tri-service coordination.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
An earlier tax fraud case against Messi is to be heard in a Barcelona court between May 31 and June 3 after the World Player of the Year and his father Jorge were accused by the tax office in 2013 of defrauding the Spanish state of 4.2 million euros ($4.5 million) from 2007-09.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
