It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
India's manufacturing sector activity contracted for the third straight month in October amid falling levels of production and new orders, as the business climate within the country remained tough, an HSBC survey said on Friday.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.
'Trust your new governor,' Omkar Goswami advises RBI Deputy Governor Viral Acharya. 'Just because he is from the IAS and doesn't carry a PhD from a US university does not make him unsuitable for the task.' 'If anything, Das will pour oil on troubled waters, and save the RBI's reputation.'
The interim report highlights key competition issues in the e-commerce space like deep discounting, the imposition of unfair terms and conditions, the growing dependence of brick and mortar establishments on online platforms, and opaqueness in search rankings.
India is the fifth worst-hit nation by the COVID-19 pandemic after the United States, Brazil, Russia and the United Kingdom, according to data issued by the Johns Hopkins University.
He said that if there are issues that need to be talked about, it is between India and Pakistan.
The recovery in manufacturing is still likely to prove "protracted" given the lingering structural constraints.
'My definition of a true star is when they enter a room, the energy of the room changes.' 'She has the aura of a true star.'
FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.
'Our technology is going to help Indian agriculture the way the White Revolution helped milk production.'
Following the October 24 Supreme Court order, the department of telecom estimated that the total liability of 15 telecom companies, including penalties and interest, would be Rs 1.47 lakh crore.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
The headline HSBC India Purchasing Managers' Index -- a composite gauge designed to give a single-figure snapshot of manufacturing business conditions -- stood at 53.3 in November significantly higher from 51.6 in October.
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.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
As the government plans to take sector-specific steps to tackle the slump, Finance minister Nirmala Sitharaman will soon hold talks with representatives from various sectors to get and take steps so that the confidence of those sectors can be restored.
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
Bankers and executives involved in ATM operations said challenges abounded in this segment.
The letter was sent as an early warning of what was then widely being perceived as a plunder of national resources.
Questions were asked about the recent round of funding in which it raised Rs 50 crore but there was no answer.
FDA had also issued warning letters to Ranbaxy's Paonta Sahib and Dewas facilities as it found extensive problems and deviations from manufacturing norms.
Jain, who, landed the top spot at Deutsche in 2012, had to resign following criticism from investors
Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts
According to official figures, retail inflation in June touched its lowest mark at 7.31 per cent since January 2012.
High-flying earners don't primarily work for the money.
As part our series on dealing with the pink slip, we spoke to Nirmal Singh, the founder and CEO of Wheebox, a prominent talent assessment company.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
The UIDAI, set up in 2009, will manage the generation and authentication of Aadhaar numbers.
This was reflected in India Inc's lackadaisical attitude towards sensitising employees on fraud prevention.
Overseas education consultant NNS Chandra shares advice.
The Reserve Bank of India also banned with immediate effect issuance of letters of comfort which, like LoUs, are used by importers to fund their overseas purchases.
PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
Blablacars enables private cars to seek fellow passengers for inter-city commute.
Novices should enter markets via SIPs of equity mutual funds.
HR experts believe however that times are changing and more and more companies are planning a revamp of their appraisal systems
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