'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'
National Association of Software and Services Companies has signed a pact with Nasdaq, electronic stock exchange in US, to assist Indian companies to raise capital and get listed in American capital markets.
Higher levy on dividends earned by individuals also on radar.
National Thermal Power Corporation Ltd's scrip was on Friday listed on the Bombay Stock Exchange and the first trade was struck at Rs 70, at premium to the issue price.
India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.
United States President-elect Joseph Biden has always been a strong supporter of India and India-US partnership since his days in Senate and later as a Vice-President.
'Every traffic police station in the city has a policeman designated unofficially as the 'cashier.' 'His job is to collect the bribes and, at the end of every month, distribute this money among the cops according to rank.'
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
Kalrock Capital-Murari Lal Jalan combine has emerged as the frontrunner. A consortium of Imperial Capital and FSTC is the other bidder.
The company had issued 2.66 million shares to its employees.
On Wednesday, the special MCOCA court in Mumbai awarded death sentences to Kamal Ahamed Ansari, 37, Mohd Faisal Shaikh, 36, Ehtesham Siddiqui, 30, Naveed Hussain Khan, 30 and Asif Khan, 38, for the role they played in the 7/11 Mumbai train blasts, which claimed the lives of 188 people.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
The latest attachment order was issued by the central probe agency against Ms PD Agroprocessors Pvt Ltd, one the defaulters at the bourse.
Sources at the NSE as well as the President's office rejected media reports that Kovind's pulling out of the event had to do with reasons other than his packed itinerary this week.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
The Enforcement Directorate on Friday arrested the CEO of a defaulting firm on money laundering charge in connection with its probe in the National Spot Exchange Limited scam case.
NSE's own handle @nseindia was content tweeting out the press release in seven tweets.
Debt-ridden mortgage firm DHFL's shares would be delisted from stock exchanges post acquisition by Piramal Capital and Housing Finance, which has emerged as the successful bidder for the company. As part of resolution process under the Insolvency and Bankruptcy Code (IBC), lenders led by Union Bank of India in January this year favoured the bid by Piramal Capital and Housing Finance to take over the beleaguered housing finance firm. According to sources, shares of DHFL would be delisted post acquisition as per the IBC guidelines and Sebi delisting norms.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
India is Asia's third-best performing equity market.
While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
Demand among several pre-Budget representation by BSE Brokers' forum
'There is too much news about film stars. There is too much fawning over wealth and power. There is a grey area between seriousness and triviality in news reporting now.' 'Mumbai is still a magnet. All the politicians have property in Mumbai. Politicians are the biggest racketeers here.' Olga Tellis, the legendary reporter who completed 50 years in journalism, tells A Ganesh Nadar/Rediff.com about her life and experiences.
One accused was acquitted by the court.
I am not sure if Modi can ever act as a chowkidar, even if he wants to. But he can surely act as a thanedar, by ensuring a fast resolution of corruption cases once they come to light. Exemplary action is easier and will burnish his anti-corruption image, argues Debashis Basu.
Each scam that comes out in the open shows the regulators to be miles behind.
India's CLI has been on the rise since October 2014.
Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Monday said it will exit Numaligarh refinery in Assam by selling its entire stake to a consortium of Oil India Ltd and Engineers India Ltd for Rs 9,876 crore. The sale of Numaligarh Refinery Ltd clears the way for privatisation of India's second-largest fuel retailer. In keeping with the Assam Peace Accord, the government had decided to keep Numaligarh Refinery Ltd (NRL) in the public sector. As part of this, BPCL was to sell its entire 61.65 per cent stake to state-owned firms.
Case relates to alleged irregularities in '08 sanction to MCX-SX; Shah grilled in NSEL case.
In a fresh development in NSEL's Rs 5,600 crore scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale money laundering in the beleaguered spot exchange, a senior official said.
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
