CBEC has said a duty-free shop in a Customs area should not be treated as a warehouse.
That's all it takes to protect an institution -- just one person with no past and no greed for the future, says Shekhar Gupta.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
Gains in financial shares capped further downslide.
Completing its over a-year-long probe into Saradha scam, the Serious Fraud Investigation Office (SFIO) has submitted its final investigation report to the government, which may soon start prosecution proceedings for numerous serious violations found during investigations.
'My sense is that we should be braced for a correction.' 'It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.' 'Use the correction to upgrade the quality of your portfolio,' advises Akash Prakash.
Governments must give companies a hearing before blacklisting them.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
Better stick to equity diversified funds, says Larisssa Fernand
'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.' 'Yesterday, I met an investor who put in Rs 4 crore. That man doesn't have Rs 2,000 to spend on medicines.'
To minise wasteful administrative costs, number of enterprises in strategic sectors will ordinarily be only one to four; others will be privatised/merged/brought under holding companies, she said.
From Ranbaxy to Religare, Aashish Aryan takes you through a maze of legal cases involving Malvinder Mohan Singh and his younger brother Shivinder Mohan Singh. Both are in police custody following a complaint of fund siphoning.
Within Sebi, the chairman should hold an umbrella for both young and old employees, says Somasekhar Sundaresan.
Even Delhi does not have a full-time registrar of chits.
Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
2015 is set for a lot of changes - and some that we would like to happen
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
Here's a closer look at the showcause notices issued to Lalit Modi
"We will work out the parameters then we will see as to how mentioning will be done," he said.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
'I want to leave behind the bank stronger and better than when I took over.'
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
What is required from government is intellectual framework.
'Government of India has the right to give directions to RBI'.
Sahara relied on a letter from bank saying the funds were there.
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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.
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.
The court, however, reserved its order on a fresh plea of Roy seeking modification of an earlier order by which he was asked to pay Rs 5,000 in cash besides a bank guarantee of an equivalent amount.
Market participants are now awaiting Thursday's meeting of the European Central Bank
'I have tutored my family and myself to fight hunger,' the former agent for the disgraced Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office are based in Bengal!
Budget 2016 may hold some answers to start-up cooncerns.
Vadra launched Skylight Hospitality four months after the DLF shares got listed, amid complaints of inadequate disclosure from investor associations and former business partner Kimsuk Krishna Sinha.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
The onus is on you to reject financial products that don't suit your needs.
