The April 2 Supreme Court order quashing the February 12, 2018 RBI circular (which ended all debt recast plans even on a one-day default) put paid to the resolution plan as banks were left with no leeway to restructure the loan and pay the promised Rs 1,500 crore interim funds.
Business Processing Outsourcing (BPO) and Knowledge processing Outsourcing (KPO) firms are covered by the retirement fund body EPFO, Parliament was informed.
The framework governing customer protection should consist of fairness and transparency of rule.
There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.
Proper documentation can help take half the pain out of filing your income tax return, says Amar Pandit.
Hedgeloop, Accuracap and other entities are pioneering a growing market and attracting much interest from businesses by using software to make informed decisions in this area
Writes to Trai, Mumbai Police to catch unauthorised SMS senders
If you aim to achieve your financial goals, choosing a right financial planner is the most important step. He should be qualified, competent, easily accessible and able to meet all your financial needs. He will be your partner in helping you reach your financial objective. So choose wisely to achieve your goals successfully.
Gartner India Research and Advisory Services Pvt Ltd, a subsidiary of Gartner Inc, is talking with five state governments to provide IT consultancy services and advices for the states' Citizen to Government Initiatives.
Market regulator Sebi on Monday proposed to ban brokers from recommending shares to investors based on subjective and arbitrary information, as part of the exercise to guard against insider trading.The guidelines, on which Sebi has invited comments from public by April 15, further said that investors would be required to have a minimum net worth of Rs 5 lakhs for trading in derivative segments.
Though the controversial Satyam-Maytas deal has been called off, regaining investor confidence will be an uphill task.
For instance, India's largest IT firm Tata Consultancy Services -- which is headquartered in south Mumbai where terror struck -- asked its employees to operate out of any of the offices in north Mumbai until further advice. Similarly, Aegis BPO that has a corporate office in Mumbai has asked its employees in Mumbai to operate from home as they all have broadband connections and BlackBerry(s), said Aparup Sengupta, CEO, Aegis BPO.
Indian restaurants in Britain are shutting down as they face acute shortage of staff, following stringent immigration laws for workers.
The 50-issue Nifty fell 29.60 points or 0.34 per cent to close at 8,642.55
Neetu Chopra, who travelled solo across India on a scooter covering 7,600 km in 42 days, tells Rediff.com's A Ganesh Nadar why girls should not be scared to dream.
"This court cannot say that less charges should not be levied by them. After all, the consumers should be benefited. Court cannot exercise this power," it said.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
Include digital assets in a will, as e-mail and social networking websites don't provide account access to legal heirs.
If your are hassled with too many EMIs, bring them all under one umbrella and pay a single amount
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
The Securities and Exchange Board of India's (Sebi's) planned research analyst regulations will also apply to proxy advisory services which provide advice on corporate governance and issue voting recommendations to institutional shareholders regarding company resolutions.
'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.'
Prime Minister Narendra Modi has advised his ministers to be on the lookout for sting operations and entrapment by the Opposition.
Taxand, founded in 2005 as the first global network of independent tax advisors to provide an alternative to the existing global players has completed two years of service.
We could be on the brink if our export industries actually start losing jobs, says Shreekant Sambrani.
GST, a much needed reform that widens the tax net, promises to strangle many legitimate businesses while they wait for the tax administration and systems to catch up, says Rahul Jacob.
A day after Vodafone announced its $11.1 billion acquisition of Hutchison's equity holding in Hutch-Essar, India's fourth largest mobile service provider, it received an unsolicited advice from the Egyptian CEO of Orascom, Naguib Sawiris.
The central bank said its board of directors had approved the broad contours of the proposals.
The challenge of cleaning up the taxation system and introducing the goods and services tax (GST) regime cannot be underestimated.
Govt can advance the dates of the convening of the monsoon session of Parliament to early July
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
India will lose up to $50 billion to $70 billion per annum in terms of financial and commodity trade services fees in the next 12-15 years, if it fails to open up its financial sector to competition.
With thousands of people receiving ransom messages from cybercriminals every day, Devangshu Dutta explains how you can defeat the hackers.
Cases linked to surgery among those considered.
Deane De Menezes hopes to reduce the awkwardness and stigma around menstruation.
Former Tata group strategist and member of the now disbanded Group Executive Council, Nirmalya Kumar has said he was fired from his position for "working intensely and extensively" with ousted Tata Sons Chairman Cyrus Mistry.
The average bank customer does not know about the Customer Charter because it was designed - under Mr Rajan's regime - to be a lame duck initiative from the start: violating the charter has no consequences, points out, Debashis Basu.
For the government to meet its GST roll-out deadline of April 1, 2017, the states will have to ratify the Bill before Parliament's winter session, starting November.
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