Deloitte Touche Tohmatsu India LLP (DTTILLP) has announced its list of 50 fastest growing technology companies in the country with fintech emerging as the fastest growing segment. Conducted by DTTILLP, the programme ranks the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years. The aggregate revenue of the top 10 companies has gone up from about Rs 21 crore to just under Rs 400 crore, representing a growth of close to 20x in the 2018 to 2020 period, a Deloitte statement said. Fintech emerged as a key sector in this year's rankings represented by four of the top six winners, it added.
Despite Nirav Modi win, in the last five years, India managed to bring only about 20 fugitive offenders.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.
Bihar, Jharkhand and Uttar Pradesh have emerged as the poorest states in India, according to Niti Aayog's first Multidimensional Poverty Index (MPI) report. As per the index, 51.91 per cent population of Bihar is poor, followed 42.16 per cent in Jharkhand, 37.79 per cent in Uttar Pradesh. While Madhya Pradesh (36.65 per cent) has been placed fourth in the index, Meghalaya (32.67 per cent) is at the fifth spot. Kerala (0.71 per cent), Goa (3.76 per cent), Sikkim (3.82 per cent), Tamil Nadu (4.89 per cent) and Punjab (5.59 per cent) have registered the lowest poverty across India and are at the bottom of the index.
Check out the star arrivals.
A look at the launch pictures.
If it splits now, who takes what away and leaves what behind? asks Shekhar Gupta.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Cities, roads, stations rechristened in the time of Modi.
Holidayers, including those who would head overseas between April and June, are set to escape to the hills, beaches, and resorts in the country. This is to fend off the heat and beat the pandemic blues, indicates the initial bookings and online search trends.
The BJP's bucket list this time includes districts such as Sultanpur, Aligarh, Firozabad, Deoband, Ghazipur, Basti and Mirzapur -- to rename a few. Virendra Singh Rawat reports.
Among the names being mentioned for inclusion as ministers are Tejasvi Surya, the 29-year-old MP from Bangalore South, Jamyang Tsering Namgyal, the 35-year-old MP from Ladakh, Locket Chatterjee, the 45-year old MP from Hooghly, and Dilip Ghosh, MP from West Medinipur and president of the BJP's West Bengal unit.
Emphasising that India has the potential to become a global hub for education and tourism, Union home secretary Rajiv Gauba called for a change in the mindset at the field level to make foreigners feel welcome.
Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore.
1997: Sukanya Verma offers a recap of its memorable imagery.
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.
The second season of the celebrity reality show, Comedy Circus, is back! The show, which brought together celebrities to perform with professional comedian partners, was quite a hit.
Mukti Bhawan is as much about its characters embracing the inevitability of death as it is about their loved ones grappling with conflicting emotions, writes Sukanya Verma.
When the Indian economy tanked in 1991, it did so because it ran out of foreign exchange. Today, it is tanking because it has run out of rupees even as the foreign exchange granary is overflowing, says T C A Srinivasa-Raghavan.
These PSU banks also account for the lion's share of bad loans or NPAs plaguing the sector and need crores of rupees in new capital in the next two years to meet global Basel III capital norms.
Mark Tully, the BBC correspondent in India for nearly half a century, must be happy that at 78 his birth certificate has been located from Raj era archives by the Kolkata Municipal Corporation.
Bollywood has given us quite a few suspense tales before, and many of them have done well at the box office.
Corporation Bank is the biggest beneficiary of this round of capital infusion with Rs 9,086 crore of funding, followed by Allahabad Bank with Rs 6,896 crore.
This must be the first time in India's history that it has found itself bracketed with countries in a category which political scientists will not rate very highly if only because the group recalls Nazi Germany as one of its most infamous past members, notes Amulya Ganguli.
Criticising the saffron party for "undermining democratic values" in the country, the chief minister said, "Democracy exists in Bengal but it is under threat in several other parts of the country."
'He is 47 years old and not married. Since his son or daughter can contest for Parliament only 25 years after being born, the earliest, if he marries in December, would be 2043.' 'So this, pretty much, is the end of the road for dynastic rule in the party,' says T C A Srinivasa-Raghavan.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
10 per cent for those who earn up to Rs 30 lakh a year and 25 per cent for those who earn more, suggests T C A Srinivasa-Raghavan.
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
'Behind the BJP's anti-Congress crusade is an attempt to divert attention from the Ladakh standoff,' explains Amulya Ganguli.
BJP Members of Parliament from Assam, Rajen Gohain and Narayan Chandra Borkotoky, have been appointed in-charge of Mizoram and Nagaland respectively.
Hurun Report and GROHE India named Lodha Developers' M P Lodha and family as India's richest real estate entrepreneur with a wealth of Rs 31,960 crore, followed by DLF's vice chairman Rajiv Singh and Embassy group founder Jitendra Virwani in the second and third position respectively. Total wealth of top 100 Indians in the real estate sector stood at Rs 2,77,080 crore -- up 17 per cent against 2018. While Mumbai accounted for six of the top 10 and 37 of the 100 names, Delhi and Bengaluru had 19 residents each who featured on the list. Smita V Crishna of Godrej Properties featured as the richest woman.
Since no insurance companies share data on their claims with each other, the finance ministry and Irdai suspect that a lot of the resultant claims are duplicates.
Government to ask airlines to educate flyers. 'It will be an exhaustive charter which will tell the passenger about all their rights, like whether they are eligible for a refund when there is a delay in flight, what to do in case of a flight delay and other in-flight etiquette.'
A panel will examine the merits and demerits of various dates for the commencement of the financial year.
Bihar scored 211 for seven against Tripura's 187 all out on the second day of the four-day Ranji Trophy Elite 'B' match.
Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds
The transformational reforms like GST, Bankruptcy Code and recapitalisation of banks, Black Money Act, demonetisation, flexible inflation targeting and adoption of fiscal discipline (FRBMA), etc, have temporarily and purposefully pulled us back only to propel us forward with greater velocity, Rajiv Memani.
