A New Jersey-based construction management firm has been charged with bribing Indian officials several crores of rupees to win two major water developmental projects in Goa and in Guwahati.
The RBI cited lower-than-expected inflation, weak crude prices and weak demand, as well as the government's commitment to sticking to a fiscal deficit target as reasons.
'We focused on de-risking our balance sheet but we are very clear that the steps we have taken over the past few years, about changing the proportion of the loan mix, improving the ratings of the incremental portfolio, and reducing the concentration risks have now created a strong position that will allow us to attain growth with stability.'
The airline management has now sought a meeting with civil aviation minister Ashok Gajapathi Raju to present the airline's plan.
A consensus builder, Jaitley was regarded by some as Modi's original 'Chanakya'.
'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.'
More activity in the IT, health care, services sectors; manufacturing firms keeping fingers crossed.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
Besides being the President, 62-year-old Xi is already General Secretary of the ruling Communist Party and Chairman of the Central Military Commission.
A brief report card on Modi's ministers.
The airline pitches its product and service, keeps silent about price in a new campaign as it looks to win over young business travelers.
Execs of RIL, Essar, Cairn India, Jubilant Energy, ADAG detained.
The conflict began around Diwali when a group of workers demanded pay hike.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
New plant will manufacture around 1 mn cases per annum.
According to aviation industry sources, around 630 domestic flights of Monday were cancelled due to the Centre's Sunday night announcement that there would be no flights in West Bengal and Andhra Pradesh, and limited operations at major airports such as Mumbai, Chennai and Hyderabad.
On the BSE, 1,493 shares declined and 1,236 shares rose. A total of 177 shares were unchanged
Online activity grew in January on improved markets sentiment.
Subramanian was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Senior Fellow at the Centre for Global Development in the US before joining the ministry.
Feel the pinch of predatory pricing by e-tailers
Jet Airways, SpiceJet and Vistara also operated all women crew flights, though on their domestic network.
Corporate clients form more than half of the business for most branded hotels, especially in cities.
The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.
Many consumer good companies say they will pass on the benefits to consumers, which will bring down prices.
'Having learnt her lesson in popular democracy, Jaya would become more populist than the DMK and more so than the imagery that mentor MGR had created in the Tamil voter's mind, both as an individual and as an elected ruler.'
'These days, you could give the money to your maid or the person who comes to collect your garbage or your watchman; they are struggling to make ends meet.' 'You could help a friend whose business is at risk due to the lockdown and the struggling economy.' 'Even if you lend money to someone in this crisis, it will be more useful to the economy than parking your money in some government fund,' says Praful Nikam.
Guess who ruled the box office in 2016?
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The NPAs of banks stood at over Rs 3 lakh crore as on December 2014.
It is urgent that we break the silence around the 'M' word, one ward and gram panchayat at a time, so that women and girls -- irrespective of their financial capacity -- can demand the information and materials they need, says Archana Patkar.
The government must rein in its tax officers.
Hospitality chains are hosting dual brands on one property, looking for operational efficiencies without diluting their brands, says Shivani Shinde Nadhe.
"Protectionism is not new. The attention that is given is because there is a political and emotional element to it." TCS COO N G Subramaniam on why his company is optimistic despite global headwinds.
India's gold obsession needs a correction.
Cases linked to surgery among those considered.
Mohandas Pai took part in an hour-long chat on rediff.com
Search is on for reliable indicators of underlying activity.
Bahujan Samaj Party chief Mayawati's close aide Naseemuddin Siddiqui and former minister Babu Singh Kushwaha were among the 19 people booked on Wednesday for their alleged role in the Rs 1,400 crore scam in the construction of Dalit memorials and parks in Uttar Pradesh.
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