The final guidelines should be there in 3-4 months.
The Sensex ended below 28,000 for the second straight day at 27,869.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
The winter session of Parliament is set to be stormy with Opposition parties closing ranks to target the government on issues including 'intolerance' even as the ruling dispensation expressed its readiness to discuss all issues.
It was unclear how bankers were deciding which jewellers to support
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
A customer wanting to buy a car would have to wait a long time for delivery.
Yuvraj has switched focus to business.
'Visiting my friend in his affluent locality, I realised that the Delhi weather had become the great equaliser.' 'Pollution was always in the air, everywhere, and had become the primary subject of all conversations,' notes Ambassador B S Prakash.
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
A moderate GST rate obviates the need for the two-rate structure.
The Chinese billionaire and founder of Alibaba is said to be planning a significant investment in business to business e-tailing as well as payment services and logistics companies.
'If we keep losing such institutions, we will soon become a city and culture of short-term memory.' 'Nothing to remind us of the years gone by and eventually with nothing to remember.'
Park only savings that need not be touched for many years, says Devangshu Datta.
Criticising various provisions in the proposed GST regime, Moily said it will be a "technological nightmare" and the anti-profiteering provisions in it are "far too draconian."
Going to a MyDentist clinic is like going to a coffee shop and ordering a cappuccino, says chief Vikram Vora. The prices are same everywhere in Mumbai
The estimates of national income and growth do not pass the 'smell test'.
The Parsi community runs India's respected corporate houses like the Tata, Wadia and Godrej groups.
There could be a strong incentive for tax payers to avoid the higher tax burden.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
For equity investors, the risk-to-reward ratio is worsening.
Nikita Puri and Dhruv Munjal explain why new-age businessmen are turning to exclusive, uber-rich clubs.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Sensex firm on favourable GDP numbers for FY16.
The NDA candidate tells the Election Commission that the Maoists plan to kidnap him.
If the Indian Railways thinks it can get away with this sassy attitude, it is because it is, in a sense, a monopolist in the business of transporting people. The distances one has to cover, say from Thane or Virar to Mumbai is impossible by road provides railways the arrogance, says Mahesh Vijapurkar.
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The war of words that has broken out between Vikram Bakshi and McDonald's Corporation is the latest in the long list of ugly spats between Indian businessmen and their overseas collaborators.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
India Inc is encouraged by a determined Budget.
The government has changed arbitration laws, amended some 'provisions' of the Companies Act.
Veer Arjun Singh finds out what a bunch of passionate bikers can teach us about the adrenaline-fuelled hobby
The Budget sets out a comprehensive vision.
This is the car major's second coming in India.
Private sector firms need to be re-engaged for better infra planning.
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