Gujarat Chief Minister Narendra Modi wooed Indian auto giant Maruti Suzuki to set up a car project in Gujarat and said that the state government would provide all the facilities to it.
The move comes at a time when the traditional software maintenance and support works, once the bread and butter for export-driven IT services business, are slowly drying up.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
It is important to approach the belief of people in ancient India's achievements with a sense of proportion, balance and empathy, argues B S Raghavan, the distinguished civil servant.
'Our preparation is based on ICMR projections, whatever preparations we have to make.' 'If they project around 70,000 is the maximum number of hospital cases by mid-May or May 30, we are preparing accordingly -- how many people will need hospitalisation.'
Rediff readers tell us what their first salary means to them.
The over Rs 15,000-crore Hyderabad project comprises 72 kilometre of elevated metro rail line and six million sft of transit-oriented development.
On the Delhi-Mumbai highway, Rs 1,200 crore (Rs 12 billion) worth of fuel will be saved annually after the installation of ETC, the minister said.
'Stumbling blocks teach a lot and should be taken as stepping stones.'
The scope of the certification is focused on 'The Development of Commercial and Residential Complexes'.
Housing prices could drop by up to 30% over 6 to 12 months after demonetisation.
Aiming for a better AIIMS
The BCG project, which is supported by the United Nations' World Food Programme, the government of India and the government of Orissa, involves scanning finger prints and the iris for preparing biometric cards for a population of around 1 million. Srijan Pal Singh, an IIM-A student, who is part of the project, says the biometric cards will be filtered through a super computer to avoid duplications.
'50% of students lose out because of lack of English language skills.' 'Only 15% to 20% have the functional skills companies are looking for.'
The company also announced $765,000 for Bangalore-based Centre for Budget and Policy Studies, $660,000 for Centre for Policy Research, $1,015,000 for Institute for Finance Management & Research (IFMR) while NGO database information PRS Legislative Research will get $880,000.
The 71-year-old remained Sonia Gandhi's most trusted lieutenant for most of her tenure as the longest serving Congress president, standing by her side through sun and shade.
Questioning the bullet train in view of the investment needed in Indian Railways is similar to saying that India needed to invest in primary education rather than in IITs, says Shreekant Sambrani.
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
New Development Bank plans to issue $300-500 mn worth masala bonds in rupee: K V Kamath.
'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
In their first eight days on the job, the Irula tribesmen -- world-renowned snake catchers from India -- removed 13 pythons, including four on their first visit to Crocodile Lake National Wildlife Refuge on North Key Largo in partnership with the US Fish and Wildlife Service.
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
There is a lot of optimism across all markets and a large part of it is justified, says Samir Arora of Helios Capital Management.
Prime Minister Manmohan Singh on Friday batted for nuclear power as a "dependable and clean option", even as he underlined the need to ensure that all ingredients by which nuclear fuel is made remain safe and do not fall in the hands of terrorists and anti-social elements.
The Institute of Geoinformatics and Remote Sensing invites applications from Science, Geography and Geology graduates and engineering diploma holders for a Post Graduate Diploma in Geographical Information Systems and Remote Sensing.
The country's premier B-school is all set to help MPs in effectively spend their grants so that maximum number of people can reap benefits. A group of students of Indian Institute of Management, Ahmedabad has taken up a project to study the spendings and suggest changes for the Rs 2 crore (Rs 20 million) grant given each year to parliamentarians under the MP Local Area Development (MPLAD) scheme.
The project is supported by the Department of Jobs through IDA Ireland.
The eight-member Indian team of Ayurvedic and Allopathic doctors is headed by Dr Ram Manohar of the trust and the six-member US team is led by Dr Daniel E Furst of the University of Los Angeles.
'If the situation escalates, then mini-scale firing might happen.'
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
Indian property markets are not in the pink of health.
The plea filed by an advocate has also sought issuance of guidelines for creation of Standard Operating Procedures (SOP) to tackle such incidents and filling up of vacancies in forest forces across the country.
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