The Centre is looking to procure around 1 billion syringes between September and December to support the COVID-19 vaccination drive.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
The average time lag between the date of occurrence of a fraud and its detection is 23 months; for large frauds (Rs 100 crore and above), it was 57 months.
'This will have a multiplier effect in generating more jobs.'
Shruthi Jain took to yoga to fight upper back pain. Today, she is inspiring her followers in India and abroad to stay fit through yoga.
'There will be political opposition, and this monetisation will require continued political will.'
Amit Jain was one of the first visually impaired students to have sought admission to the Indian Institute of Management-Ahmedabad. Read on to know more about his journey
Contributions made to public funded universities, IITs, national laboratories and autonomous bodies engaged in conducting research in science, technology, engineering and medicine has now been recognised as part of CSR by the government.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
The Places of Worship Act is 'An Act to prohibit conversion of any place of worship and to provide for the maintenance of the religious character of any place of worship as it existed on the 15th day of August 1947, and for matters connected therewith or incidental thereto'.
While the FPI limit on most bond issues would not be raised above 6 per cent, there would be some in which there would be no limits, reports Arup Roychoudhury.
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
'If you take music away from me, there's nothing else I can do.'
Asking Indian Institute of Technology Bombay to adopt a humanitarian approach, the Supreme Court on Monday directed the premier engineering institute to allocate within 48 hours a seat to a young Dalit boy, who missed out, as he could not deposit his fees due to the non-functioning of his credit card.
Syed Zaidie, a first year PGDIM student at the National Institute of Industrial Engineering (NITIE), Powai shares some crucial last minute tips for CAT aspirants taking the test on November 22.
Tax benefit on WFH expenses, regulatory clarity on cryptos figure high on their wish list.
A spectacular pasta dish ideal for a Friday night in.
The number of management colleges has dropped from 3,609 in 2014-15 to 3,264 in 2017-18.
Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
.jpg)
The Companies Bill asked for promoting gender diversity by specifying induction of a minimum number of women directors
Rohit Salaria, the protagonist of IIM C alumnus Mayank Jain's Stop Me If You Can learnt some rare skills during his two years at the IIM-C. He offers a tongue-in-cheek account of the things he missed learning at the b-school.
In an online chat with readers, Naveenan Ramachandran, expert, 4GMAT addressed queries related to cracking the GMAT, admission at global b-schools and MBA abroad.
With the Omicron variant of coronavirus slowly spreading its tentacles in the country, a number of states enhanced surveillance to trace, track and quarantine contacts of COVID-19 positive persons while Delhi began genome sequencing of samples of all infected people and has prohibited Christmas and New Year gatherings.
'There are some high-frequency indicators where uptick is visible and some where it is not'
Kia's Seltos SUV has already crossed the 40,000 mark while the slightly pricier MG Hector has sold nearly 13,000 units.
Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.
Gaurav Jain and Pallavi Gupta were techies working in Bengaluru before they turned entrepreneurs.
These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19
A coronavirus positive woman allegedly managed to give the slip to authorities in New Delhi after her arrival from London and reached Andhra Pradesh by train only to be picked up by authorities and admitted to a hospital.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
The arbitration of any court is legally binding and the government) can approach the Singapore high court.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
After getting rapped for accepting Vedanta group's bid that would give just 5 per cent of their outstanding loans, lenders to Videocon Industries on Monday approached the insolvency appellate tribunal NCLAT seeking fresh bids for the debt-laden consumer durable firm. Billionaire Anil Agarwal's Twin-Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries, which was 4.15 per cent of the admitted claims of Rs 64,838.63 crore of lenders. SBI, the leading lender of Videocon Industries, has approached the National Company Law Appellate Tribunal (NCLAT) requesting for a rebidding of the 13 companies of the debt-ridden group, on account of strong observations against Rs 2,962 crore takeover bid by Anil Agarwal's Twin Star Technologies.
Karuna Jain, head of the Shailesh J Mehta School of Management at IIT-Bombay, believes India is competitive in terms of imparting quality education.
Anusha Jain was 21 when she took over her father's business. In four years, she has clocked 1.5x growth for the company.
The average domestic salary of top graduates of leading B-schools increased 10 per cent this year compared to last year, a study conducted by Association of Chambers of Commerce said.\n\n
HR Guru Mayank Rautela offers practical advice.
With the US education system operating independently from the government, universities are adopting varying strategies when it comes to Covid vaccination.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances