A SpiceJet official allegedly told some Jet pilots that they were doing a "charity" by hiring them.
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
Dhanteras is considered auspicious for investment and buying gold.
2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.
The IIT-Madras alumnus, who moved to Canada for an MBA programme and settled there, is not new to investing in India.
Such platforms are good for novices, and help seasoned players test their investment strategies
The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.
Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
Modi said Nepal and India can benefit if they cooperate and work together for the promotion of five Ts: Tradition, Trade, Tourism, Technology and Transport.
The Pakistan Hockey Federation has threatened to pull out of next year's World Cup in India unless assured of "easy procurement" of visas and "top security" for its players at the event.
Fragmented polity will make it impossible for India to realise its will because weak governments are unable to take hard decisions, the NSA said.
While a little more than 140 penny stocks have doubled in value, 555 have given negative returns in the past year. Of these, 84 shed more than half their value.
GST has been hanging fire with the Opposition Congress yet to come on board
Startups in India need low-cost debt for working capital, which is impossible to get.
Market regulator also announces measures for mutual funds sector.
The Securities and Exchange Board of India has cancelled registration of four National Stock Exchange brokers with immediate effect.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.
The government on Friday hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price trends.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
India has been forcefully raising the issue of market access as well as protected lists of goods mainly to shield its domestic market as there have been fears that the country may be flooded with cheap Chinese agricultural and industrial products once it signs the deal.
CBI has also summoned a senior official of Reliance Industries Limited and a noted chartered accountant.
'Reports of hitherto 'atmanirbhar' breadwinners having to stand in line for a plastic bag of khichdi or, travelling thousands of kms with nothing but packets of biscuits, have not moved the prime minister,' observes Jyoti Punwani.
Khan stressed on taking austerity measures, working on tax reforms instead of taking loans, rooting out corruption.
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
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'.
An interplay of Modi government's outreach in Bihar and the sequence of events in Chirag Paswan's life could make Bihar a game of musical chairs when the results are out.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
100 per cent FDI is now allowed in almost every major TV distribution form (direct-to-home, cable, headend-in-the-sky, multi-system operators) and 49 per cent in TV news.
Market regulator Sebi to support stert-ups raise funds.
Bubbles can inflate indefinitely and also burst, with deep corrections, warns Devangshu Datta.
If Amit Shah is likely to take to the home ministry like a duck to water, Nirmala Sitharaman's handling of finance will show whether she will justify the confidence which Modi has placed in her.
The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
The unidentified hackers had executed money transfers on two separate occasions - August 11 and August 13 - which raises the question of why pro-active measures were not taken on the first night itself
When it comes to producing the raucous atmospheres which help make the Davis Cup unique among tennis events, few do it as well as the Belgians who have reached two of the last three finals, losing on both occasions.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.