NDA should not repeat former govt's mistake of holding back much-needed reforms
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.
While the rich and famous from across the world have assembled in Davos for their annual talk-fest and networking for business, many top Indian business leaders like Mukesh Ambani and Rahul Bajaj have given this year's WEF Annual Meeting a miss.
Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.
Azim Premji and his family gave away Rs 7,904 crore (Rs 79.04 billion) in philanthropy, up 1,645 per cent!!! over the previous year.
An interview with Bajaj Hindusthan Limited CEO Kushagra Bajaj.
The Adani Group has overtaken Mukesh Ambani Group to become the country's second biggest business group in terms of market cap behind Tatas. Adani Group cos now have a combined m-cap of Rs 19.44 trillion against Ambani Group cos combined m-cap of Rs 17.89 trillion. Tata Group leads the league table with the group market capitalisation of Rs 21.73 trillion on Monday. The Adani Group companies, however, continue to out-perform firms from business groups and the broader market on the bourses by a big margin.
The tie-up is expected to increase competition in the small car market in India, with the Tatas likely to roll out the Rs 100,000-car in less than a year.
Rahul Bajaj, the chairman of steel firm Mukand, is expected to resign on Saturday and continue as a director on the board
They also assured the CLB that in case of any settlement reached between the brothers, they would inform the Board. Following this, the Board adjourned the matter to January for the next hearing. Emerging from the hearing, the counsel representing Rahul Bajaj told PTI that their side informed the CLB that the talks between the brothers were still going on.
The Company Law Board on Thursday asked the warring Bajaj brothers - Rahul and Shishir - to prepare a report on the areas of dispute that are holding up a mutually acceptable agreement for splitting the business empire.CLB chairman S Balasubramanian, who is hearing arguments by the two sides, also sought to know the points of difference over which they terminated last month their Memorandum of Understanding (MoU) drafted for division in the group.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
Leading industrialists met with Prime Minister Manmohan Singh (not in picture) in New Delhi on Thursday to discuss the general state of the Indian economy and other industry-related matters.
Top business leaders to raise issues on investment, trade and the rupee
With the government considering a new Bill to make the Indian Institutes of Management answerable to Parliament, India Inc leaders say the time has now come to grant complete autonomy to these institutes.
The 26th edition of the Pune Festival kick-started on Friday evening with a host of celebrities from Bollywood and Maharashtra politics in attendance.
Noted industrialist Rahul Bajaj's candidature for the June 15 Rajya Sabha byelection has led to fissure in the Congress-Nationalist Congress Party coalition with Congress on Monday announcing fielding Avinash Pandey.
The managing director of Bajaj Auto was in a dialogue with Congress leader Rahul Gandhi, as part of a series on India's COVID-19 response and the lockdown initiated by the Congress and aired on the party's social media platforms.
Even as the Bajaj imbroglio comes up for hearing before the Company Law Board (CLB) on October 23, there is every indication that this might turn out to be the longest-running family feud of all times.
Has liberalisation squeezed the personality out of India Inc's leaders?
Friends of former Union minister and senior Janata Dal-United leader George Fernandes on Tuesday made an appeal, endorsed by many eminent personalities like Union ministers Farooq Abdullah, Jaswant Singh, business tycoon Rahul Bajaj, eminent dancer Dr Sonal Mansingh among others.
Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget:
The meeting chaired by Prime Minister Manmohan Singh was attended by Commerce and Industry Minister Kamal Nath and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Industry leaders, including Ratan Tata, Rahul Bajaj, Mukesh Ambani and Sunil Bharti Mittal, who are members of the council, also participated in the discussions.
Meet the winners of the Filmfare OTT Awards 2023.
'Think of the poorest retail investor before you decide to go for an IPO'
Sobha Puravankara is yet to explain to the safety lapses found by the DGCA.
The Tobin tax, first proposed by Nobel laureate James Tobin in 1972, is a sales tax on cross-border currency trades, aimed at discouraging speculation by making currency trading more costly.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
Unlike film stars, who rarely attend sessions and seldom raise questions, industrialists seem to be better Parliamentarians.
Welcoming the settlement of the ownership battle between Ambani brothers Mukesh and Anil, Industry on Saturday said the amicable resolution of the dispute would boost capital markets and uplift the morale of investors.
Commerce and Industry Minister Kamal Nath has said a hefty cut in the US interest rates will have a positive impact for the Indian exports, but industry leader Rahul Bajaj felt the move will further hit exporters. "The US Fed's decision would rather boost Indian exports to America as it would raise demand in the biggest economy of the world," Nath said at the World Economic Forum annual meet in Davos.
Business leaders met Manmohan Singh to discuss the problems facing the country.