'Nothing in this world is permanent. So also in business.' 'And more so in family businesses where family issues often influence business decisions,' point out S Subramanian and Nupur Pavan Bang.
Power and money are at the heart of the sordid story -- and it isn't over yet.
The state assembly on Tuesday passed two bills to skirt the Supreme Court directive for their eviction within two months.
As on March 31, 2019, while the promoter group's stake, including individual promoter shareholders as well as group investment firms, stood at 42.71 per cent, it fell to 38.39 per cent on Tuesday.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
Sources said much has been done to ease the tax burden of the middle classes in the last five years, and that such a measure affects only a limited segment of people when the focus should be to put money in rural areas. Archis Mohan reports.
Roy was jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog.
A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries
Defending its three-capital decision, the government said since inception in 1956 the state had failed to integrate people from all regions, reports B Dasarath Reddy.
Higher costs of car inventories, missing sales targets and manufacturer expectations, and soaring rentals, are eating into dealers' margins.
'I always feel that to shake up human beings, you have to go a little extreme.'
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
The interim Budget has attempted to tick all the boxes that could help the Modi government return to power, reports Archis Mohan.
The 58-year-old businessman, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, has been missing since Monday evening from Mangaluru.
Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.
True, Azam Khan is being targeted rather disproportionately and also because of his Muslim identity. That must be protested and resisted. But to say that he is a big messiah, and his profit-making educational enterprise is an issue concerning all Muslims of India, is absolutely unjustified, assert Mohammad Sajjad and Md Mohammad Zeeshan Ahmad.
Congress president implored the party to have a 'concrete agitational agenda' to go directly to the people instead of merely being aggressive on social media.
Modi believes that in the spirit of 'cooperative federalism' the venue for such meetings between him and the chief ministers should take place around the proverbial 'round table'.
The Yogi Adityanath government on Wednesday transferred 20 senior IAS officers, shunting out Principal Secretary-Information Navneet Sehgal and others who wielded considerable influence under the Akhilesh Yadav dispensation.
Check out the movie releases, and make your pick!
'The lay of the runway is not at all safe.' 'Even operating a 737 is dangerous there.' 'During the monsoon, they must ban landing on runway 10.'
Tax Guru Anil Rego answers your personal income tax queries.
To say capital gains from stocks are effortless shows little understanding of the treacherous investing terrain, says Debashis Basu.
Rajan's departure from the RBI is an end to 'outside interference' in policy making, government insiders feel.
Articulate segments of Muzaffarpur have been at the the forefront of all anti-establishment mobilisation, which makes their silence over the atrocities in a shelter home in the town puzzling. Could it be that if those accused of horrific crimes belong to dominant castes and if the victims belong to the vulnerable groups, then the middle classes become mute, asks Mohammad Sajjad.
Mughal Garden opens for public from February 13.
Vikram Kothari, managing director of Rotomac Pens, is now fighting a battle that might be difficult to win.
It has the potential to burnish his image as a strong leader, bring down inflation and could turn out to be common man-friendly.
'Vajpayee used to consult the Opposition; Indira Gandhi used to consult the Opposition. Which khet ki mooli is Modi?'
The unrest in the hills has led to the tea sector losing its entire second flush, and Rs 200 crore of its annual earnings.
Opposition parties think they have until New Year's Eve to build nationwide narrative against demonetisation.
The vehicle was carrying cash in new currency notes for wage payment to employees of a tea garden.
BKS and BMS leaders have told the BJP leadership that it is staring at a build-up of anti-government propaganda in the run-up to polls in five states.
A Delhi court on Wednesday allowed the Delhi Police to conduct lie-detector test on three "suspects" in the Sunanda Pushkar murder case.
The Cabinet Committee on Political Affairs will meet on February 4 to decide the Budget session schedule. Venkaiah Naidu says the government is willing to advance the session if the Opposition agrees.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
Nets three more foreign brands for exclusive retailing, but the cost of the business model may be high, say experts.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
Upstaged by the swanky malls in town, both M G Road and Brigade Road have lost their "happening" status
