Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.
Verdicts paving the way for construction of a Ram Temple at Ayodhya and India's multi-billion dollar Rafale fighter jet deal with France were 2019's landmark imprints of the Supreme Court, which also found itself at the centre of a controversy with then Chief Justice of India Ranjan Gogoi being accused of sexual harassment before getting the clean chit.
The company has finalised a three year business plan to increase revenue and control costs.
The central bank is engaged with other financial institutions for investment as part of the scheme to resurrect Yes Bank under RBI imposed moratorium since March 5.
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'There is merit in appointing people with ability and energy, then leaving them to do the job.' 'The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan.
'Against the backdrop of difficult administrative, political and economic problems, Imran's temperament and staying power will be the subject of intense expectation and public scrutiny,' says Rana Banerji, who headed the Pakistan Desk at the Research and Analysis Wing, India's external intelligence agency.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
Nitin Desai suggests some concrete measures to revive investment and boost growth.
Air India has been in the red since the merger of then Air India and Indian Airlines in 2007.
Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'
IndiGo was set up in 2006 by businessman Rahul Bhatia and Rakesh Gangwal, a former CEO for US Airways Group.
At present, Sebi norms bar wilful defaulters from issuing convertible debt instruments.
Whatever happens to WPP, the marketing communications business will no longer be the same again, says Sreekant Khandekar.
'Lower rates are only part of the solution and sometimes not the right solution at all.'
Key relaxations traced in final regulations.
Uniparts India and PNC Infratech are the latest companies to file initial public offer papers.
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.
The limit of indebtedness comes down to Rs 15,000 crore from 2018-19, and then Rs 10,000 crore from April 2019 onwards
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
Elaborating on this theme, Petroleum Minister Dharmendra Pradhan pointed out that if the power sector had not been opened up through reforms initiated in 2003, India would still have been in darkness.
Arun Jaitley addressed a post-Budget press conference.
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
A six-point comparison by Anil Chopra, Group CEO & Director, Bajaj Capital
While everybody is talking about the vast potential of 5G, the uptake of such services in India depends on operators getting around 100 Mhz 5G spectrum. At the reserve price proposed by Trai, getting this spectrum will cost a telco around Rs 490 billion. Which amount could be difficult for operators to mop up, given the financial stress they are undergoing, says Kiran Rathee.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
India's most heavily indebted property firm, DLF has filed an appeal with the Securities Appellate Tribunal (SAT) against a ban from tapping capital markets for three years, a spokeswoman for the appellate told Reuters.
Buoyed by the success of secondary market, IPO market set to see high action
The CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.
Have conviction in your bets and use stop-loss as a defence mechanism to curtail losses.
Foreign investors are betting top dollar on the country as growth is likely to recover at a time when other emerging markets are battling macroeconomic adjustments.
ArcelorMittal could be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by RBI for insolvency proceedings.
