According to party insiders, the revamp will be aimed at serving the dual purposes of fixing accountability for the loss and bringing in a new leadership in the run-up to 2014 polls. The demoralised Congress unit desperately needs a new lease of life, if it has to give any competition to the reenergised Bharatiya Janata Party under Narendra Modi.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
Prime Minister Narendra Modi incurred a total poll expenditure of a little over Rs 50 lakh in Vadodara, one of the two Lok Sabha seats from where he contested and won.
The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.
The list of the prestigious Padma Awards 2016 awardees is out and superstar Rajnikanth is set to be honoured with the nation's second highest civilian award, the Padma Vibhushan.
Ghulam Nabi Azad and Anand Sharma succeed in convincing Rahul Gandhi of zero returns in blocking Parliament.
Senior Congress leader Rashid Alvi on Monday joined the party men who have offered to contest against Bharatiya Janata Party's prime ministerial candidate Narendra Modi from Varanasi Lok Sabha seat.
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Union Minister Kumari Selja was named the Congress nominee for Rajya Sabha elections, putting an end to speculation that former Delhi Chief Minister Sheila Dikshit could be brought to the Upper House from Haryana.
Opposition members in the Rajya Sabha on Thursday expressed serious concern over reports that some Sangh Parivar leaders had allegedly sought to take "revenge" on the minority community for the killing of a VHP leader.
Political strategist Prashant Kishor, who played a key role in victories of Narendra Modi-led BJP in general elections and the Janata Dal-United-Rashtriya Janata Dal-Congress alliance in Bihar, on Wednesday attended a meeting with Congress vice-president Rahul Gandhi to craft the party's strategy for Uttar Pradesh polls.
Sluggish domestic equities and persistent capital outflows largely pressurised the Indian unit
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The Tata Group says it is bullish on investment in India.
Prime Minister Narendra Modi is not taking along an industry delegation to the US but top representatives of India Inc are likely to travel to New York and Washington to be part of the power-packed business meetings and receptions being hosted for him.
While Azad, Leader of Opposition in the Rajya Sabha, has been made in charge of Uttar Pradesh, Nath will look after Punjab and Haryana, party General Secretary Janaradan Dwivedi said.
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
Kant, an alumnus of IIT-Kharagpur, was managing director of the company before being promoted as vice-chairman five years ago.
On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace
Congressmen are watching carefully how Rahul positions himself and manage the grand old party, reports Aditi Phadnis.
Estimates of decline in arrivals vary from 30-50 per cent. Rouble fell to 80 against the dollar on Tuesday, but settled around 72 against the dollar its steepest fall in sixteen years.
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
Delaying action on climate change will hurt growth: Global CEOs.
Congress Vice President Rahul Gandhi has directed party leaders of five election-bound states to keep candidates with criminal background out.
Between Kotak, Shapoorji and HDFC, fund managers have raised $700 million from investors
The total wealth of India's top five billionaires, which stands at a whopping $83.7 billion, is more than the cost of 1,230 Mars Orbiter 'Mangalyaan' Missions and is more than 18 times the cost of hosting the 2016 Rio Olympics
Vistara's growth and future funding requirement would hinge on how soon the government changes these rules.
Vineet Nayar, chief executive of HCL Technologies till January this year, has decided to step down from the board of the company.
Former BJP president of Bharuch and senior Rashtriya Swayamsevak Sangh member Shirish Bangali and general secretary of Bharatiya Janta Yuva Morcha Pragnesh Mistry were shot dead in the district by two unidentified gunmen on November 2 last year.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
Over the past week, Rahul Gandhi has replaced office-bearers in charge of party units in Gujarat and Karnataka and Goa, and brought in young leaders as secretaries. These changes are unlikely to be a one-time exercise and poll-bound states would get the primary attention.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
The new obsession on cost control is powered by the company's 'GEAR' (Generate idea, evaluate, action and realise the idea) programme.
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
On the telecom sector, he demanded auctioning of more spectrum.
'That only a certain Mumbai story -- look at Salaam Bombay and Slumdog Millionaire for other examples -- gets made when an international audience is as much a target as the desi viewer, should invoke questions of representation,' notes Vikram Johri.
Information and Broadcasting Minister Manish Tewari, who is not contesting Lok Sabha polls as he is ailing, has been made acting in-charge of the AICC Communication department along with party spokesman Randeep Surjewala.
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