'Some BJP old timers have remarked that the BJP is now driven by its own high command, the way the Congress was under Mrs Gandhi, says Subir Roy.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Inter-ministerial group to meet on Thursday to finalise model concession pact.
Under Section 71 of the legislation, which took effect this month, corporate bond issuers have to create a debenture redemption reserve equivalent to at least 50% of a planned bond sale before the maturity of the security.
The IPL, all of a sudden, may have some catching up to do with the Big Bash.
'Lending to Mr Mallya was the bankers' season ticket to corridors of power and glamour. Borrowing from them was like a favour Mallya did to them,' says Shekhar Gupta.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
'Under the present Defence Procurement Procedure, it would have been a nightmare, and a long, long one at that, to build 108 Rafales in India. Modi realised this and took the wise decision, though it is a definitive setback for his Make in India scheme.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances