It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
The approvals would be handled independently by administrative ministries of different sectors.
Even as politics engaged him more, he never hid his way of life. On one occasion, Morarji Desai pleaded with him to stop drinking publicly. "You stick to your pissky and I'll stick to my whisky'' he is supposed to have told him.
China's Navy wants to join hands with India to maintain security of the Indian Ocean
Here's a closer look at the showcause notices issued to Lalit Modi
The capital markets regulator has incurred litigation expenditure in the range of Rs 4-5 crore (Rs 40-50 million) in each of the past three financial years, while such expenses could be even higher in the current fiscal ending this month.
The government has provided a long-term vision.
DLFknowingly suppressed material facts: Sebi
'Instead of isolation, India should respond militarily to every act of terrorism assessed to have come from across the border, unilaterally declare Pakistan a State that supports terrorism and cease all economic dealings with it.'
Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.
When a Chinese warship entered Japanese waters, the Indian commander called on China to maintain discipline at sea. Dr Rajaram Panda explains the significance of the Malabar exercises between India, Japan and the US.
'Washington's silence about India's Article 370 move tells us all we need to know: It doesn't want to rock the boat of a relationship that has navigated some choppy waters but remains a highly important one.'
The SIT on black money on Tuesday sought update from multiple probe agencies on the role of Lalit Modi in alleged financial irregularities in the T-20 cricket tournament.
If the aim is to become a player with some strategic space of its own, not just in the Indian Ocean region but also in the adjoining region, then greater interaction with China is desirable, even necessary.
'The US wants Modi to succeed because we want India to succeed. For our part, when India thinks of its partners in the world, we want it to think of the US first. That means positioning our country as the preferred provider of the key inputs that can help to propel India's rise.' 'The meeting between Modi and Obama is, and must be, an opportunity for true strategic dialogue -- not a scripted exchange of talking points, but an open discussion of the big questions. What kind of world do we want to live in? What are our true priorities? And most importantly, why does this partnership still matter?'
20 years ago this week, India and Australia played one of the greatest Test matches in cricket history. Sreehari Nair relives the sound and the fury of that unforgettable game at the Eden Gardens.
Senior advocate Rajeev Dhavan, representing the Muslim parties in the case, tore up a pictorial map.
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
'Headley's testimony indicates to what extent the Pakistan government and its proxies can go to destroy not only Indian scientific talent but also international expertise.'
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
'While military acts such as the Uri surgical strikes are one option, cultural, economic and diplomatic isolation should also be part of the arsenal,' argues Sankrant Sanu.
Defence Minister Manohar Parrikar expects to see progress in India-US defence relations at the speed of a year per month.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
A Union minister and a chief minister stand accused of corrupting their office. If Prime Minister Narendra Modi lets them continue, he will have broken his election promise substantively, says Aakar Patel.
The corporate sector does not care from where the money is coming.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
In an SEC filing dating back to 1997, he figures as "J Vallabh".
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
Database to contain taxable financial transactions and history of any tax-paying individual.
'Government of India has the right to give directions to RBI'.
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
A proposed nuclear deal aims to stop Pakistan from building small tactical nuclear weapons that could fall into terrorist hands.
'The intrusion in Chumar, during and beyond the Chinese president's visit, is unprecedented and has qualitatively changed the tone of the India-China relationship,' says Jayadeva Ranade, a member of the National Security Advisory Board.
It would be a huge achievement if the new administration manages a successful transition to some sense of domestic and international normalcy in these frantic times marked by the pandemic and rise of illiberal regimes across the world, observes Shreekant Sambrani.
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