Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic hitting the business and economy. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2020-21 was "nil". In June 2020, Mukesh D Ambani, chairman and managing director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the COVID-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.
Responding to a supplementary during Question Hour in the Rajya Sabha, minister of state for finance Pawan Kumar Bansal said there was no proposal to waive loans of the landless. Indian Banks Association have asked its members to provide loans to the landless so that they can pay back the money-lenders, the minister said.
The report, which was submitted in the Speaker in his chamber, is likely to be tabled in the Lok Sabha on Thursday.
The government on Friday said that the country has the potential to maintain a high growth rate in the long run as the saving and investment rates are robust.
Maharashtra was followed by Delhi with 33 cases from April 2005 to September 2008 and the money involved was little over Rs 47 lakhs (Rs 4.7 million), minister of state for Finance Pawan Kumar Bansal said in a written reply in Lok Sabha. In the current fiscal till September this year, 66 cases have been reported in the country where the money involved is more than Rs 100,000 while 46 incidents have come to notice where amount involved was less than Rs 100,000.
Taken out from the supervision of the Board for Industrial and Financial Reconstruction (BIFR), Dunlop India Limited (DIL) expects to make a marginal profit by March 2008 and declare a dividend for shareholders next fiscal.
Tyre major Dunlop India's main plant at Shahgunj near Kolkata would be re-opened on October 31, West Bengal Chief Minister Buddhadeb Bhattacharjee said on Monday.
The discussions are mostly one-on-one, party insiders said on Thursday, a day of many meetings.
The BJP is yet to open its account in the 32-member assembly of the Himalayan state.
Sikkim Chief Minister Pawan Kumar Chamling has appealed to the people of the state, especially the youth, to use the resumption of Sino-Indian border trade through Nathula as a major instrument for economic growth.
The October 28 decision of the President rejecting the plea is based on an opinion rendered by the Election Commission, the poll panel said.
Bu Jiamguo, minister counsellor at the Chinese embassy in New Delhi, made this point to Sikkim Chief Minister Pawan Kumar Chamling when she led a four-member Chinese team to meet the latter in Gangtok on Tuesday.
Sumit Sangwan (91kg) and Nikhat Zareen (51kg) were among three gold medallists in India's stupendous campaign at the 56th Belgrade International Boxing Tournament in Serbia. India ended the tournament with three gold, five silver and five bronze medals.
There are unconfirmed reports that the BJP has offered to appoint Paras as governor and a berth in the Bihar cabinet to his nephew Prince Raj. M I Khan reports.
"If you see in the context of alliances and statistics, then this is the strongest alliance government," Modi said while addressing newly-elected MPs and leaders of the NDA from across the country following his election as leader of the ruling bloc ahead of his government's swearing-in on Sunday.
It was alleged that Salem had demanded Rs 5 crore as protection money from businessman Ashok Gupta, a resident of Greater Kailash in south Delhi, in 2002.
Indian men rout Bangladesh, women outwit South Korea in kabaddi
The Delhi police on Tuesday told a court that they have slapped the charge of murder against the four persons, one of whom was arrested this morning, in connection with the death of a 19-year-old Arunachal Pradesh youth.
Sidhu backed his wife saying 'she would never lie', while the CM said she refused to contest from Amritsar.
In the previous fiscal year, he drew a Rs 15 crore salary from the company -- the same as in the previous 11 years.
The factory located in Ambattur Industrial Estate, which became sick in 2001, under the Manu Chabbria-led management, has been taken over by the Kolkata-based Ruia group which finalised agreements with workers.
After nearly five years of uncertainty Dunlop India's plant at Ambattur near Chennai would re-open on Sunday with 1000 workers scheduled to join work under a new management headed by Pawan Kumar Ruia
The Reserve Bank of India has recommended the names of State Bank of India and Bank of India to its Pakistani counterpart for allowing them to open of branches in that country.
State Bank of India, Bank of India and Punjab National Bank have sought permission to open branches in Pakistan, the government said in Parliament on Tuesday.\n\n
'The Modi government is doing a good job but corrupt officers are siphoning off funds,' says journalist Pawan Kumar Jaiswal against whom an FIR has been filed for his video expose of school children being fed salt and rotis as their mid-day meal.
Saturday's voting will mark the end to the marathon polling process that began on April 19 month and has already covered 486 Lok Sabha seats in 28 states and Union territories.
Near the temple, a group of locals shouted 'Murdabad' slogans in protest when Chouhan was on way to console the victims' families.
India's time use survey for January-December 2019 had found that an average person in urban areas spends 485 (eight hours and five minutes) minutes on employment and related activities.
In the morning, he offered prayers at the Dashashwamedh Ghat and the Kaal Bhairav temple in Varanasi.
A five-judge Bench of Justices NV Ramana, Arun Mishra, RF Nariman, R Banumathi and Ashok Bhushan heard the petition filed by Vinay Sharma and Mukesh Singh. The duo had moved a curative petition in the top court after a Delhi court issued death warrants in their names for their hanging on January 22.
Chief Minister Pawan Kumar Chamling drove down from Gangtok to Rangpo and submitted to the governor a letter recommending dissolution of the House.
The resumption of border trade between India and China through Nathula in Sikkim has been set tentatively for September this year.
Engineering goods major Jessop & Co Ltd, acquired by Ruia Cotex, is planning another round of financial restructuring to wipe out the entire accumulated loss of Rs 110 crore.
Campaigning for May 13 elections in 96 Lok Sabha constituencies across 10 states and Union territories including all seats in Andhra Pradesh, where assembly elections are also being held concurrently, and Telangana concluded on Saturday evening.
More than half of the total number of IPOs listed on BSE and NSE in the last two years are trading below their offer price, with around one-third of them trading at a discount of 40-60 per cent, Parliament was informed on Tuesday.
The alumni of the Indian Institutes of Technology from across the globe will converge in Bangalore on December 24 for PanIIT, a conference where they would share knowledge and experiences with each other.
The stand-off between the Pawan Kumar Ruia led management of ailing Dunlop India and workers' union remained unresolved on Saturday, but the new management expressed confidence that all pending issues would be sorted out soon paving the way for re-op
