Could Ambassador B S Prakash's nightmare turn real?
As many as 2,000 chips are annually designed in India by semi-conductor and fabless companies, Intel India managing director Prakash Mallya said in a conversation with Business Standard. Mallya was reiterating the importance of India in the semi-conductor sweepstakes. "As much as 90 per cent of the semi-conductor companies have a design footprint in India.
Leading microchip providers Qualcomm and Intel say the chip shortage might last anything between four months to a year, perhaps even two years, depending on the various product categories - mobile devices, ICE, electric vehicles, appliances, data centres. Prakash Mallya, MD, Intel India and vice president, sales and marketing and communications group, said the spike in demand was huge, and cut across segments from PCs, phones, appliances and auto leading to the shortage.
Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".
UBI's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion) as part of consortium led by State Bank of India.
Through the UB Group, Mallya holds 21.98 per cent stake in MCF.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
The clean-up process begun by the Reserve Bank of India runs the risk of spiralling out of control.
The ED has received documents from almost all banks that lent money to KFA.
A total of 17 cases have been filed against Kingfisher Airlines in different courts over outstanding amount of Rs 22.5 crore, which it owes to GMR
Experts believe adoption of AI in developing countries will be much faster than in developed nations, as the magnitude of change it will bring will be far larger.
Soorarai Pottru HELD A Ganesh Nadar'S attention till the last frame.
Kingfisher Airlines said it would "vigorously challenge" the bank's decision.
For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks, observes Anjuli Bhargava.
The CBI has shared its findings with the Enforcement Directorate.
'One big leader said you might get 3 lakh votes and still lose.' 'I said if I do I will make sure you are sleepless because it will be me and three lakh people.'
The banners came up at major road crossings in Lucknow late on Thursday night on the directions of Chief Minister Yogi Adityanath, an official said. They bear photographs, names and addresses of those accused of vandalism during protests in December against the CAA.
Case is related to payment of user development and passenger service fee.
'Modi's speech was like one of our sour food preparations; Rahul's was sweet.'
IndiGo will seek board approval for Dutta's appointment soon. Till then, promoter Rahul Bhatia will continue to act as interim CEO.
An overriding ambition to rule the domestic skies prevented Jet Airways from becoming a strong and formidable player in the international market. The Sahara buy added to the complexity of its operations and a dilution of what the airline stood for, says Anjuli Bhargava.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
Members from parties like the Congress, the Trinamool Congress, the Left parties and the Rashtriya Janata Dal created uproar in both the Lok Sabha and the Rajya Sabha as soon as the Houses met for the day.
Loans to wilful defaults are said to be a little over Rs 1 lakh crore.
'Change is the rule of politics.'
'NDA allies have realised that if they don't dump the BJP, then people will dump their party in 2019.' 'People's mood is against the BJP'
'Defaulters like Mallya can't be offloaded, but activists like me are. And that too for raising questions.' 'Today, what is the meaning of development?' 'Take over land, water and forest from the Adivasis and hand it over to corporates.' 'I am surprised how a minister who is supposed to protect the forests and the environment is happy reaching out to investors for more and more clearances.'
'Children should be brought up connected to our culture and should be introduced to characters from our mythologies. What is this Baa Baa Black Sheep?'
Unfazed by the absence of leaders of the Left, the Janata Dal-United, the Samajwadi Party and the Bahujan Samaj Party, Congress leader Rahul Gandhi and Trinamool Congress chief Mamata Banerjee along with some regional parties on Tuesday sought to put up a united face raising the pitch against demonetisation by demanding the resignation of Prime Minister Narendra Modi.
Ramesh says that since the attitude of the Narendra Modi government is deliberately provocative and confrontational, it should not expect cooperation from the Congress.
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