Valued at $71.2 billion, the bank's market capitalisation is more than that of global banks like Barclays, JP Morgan Chase and Credit Suisse.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Bangalore-born Bhattacharyya, an alumnus of Indian Institute of Technology (IIT) Kharagpur, was awarded the Padma Bhushan in 2002 for his services to science and technology and made a life peer in the UK's House of Lords in 2004.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
Margaret A Hamburg, the first commissioner of the US Food and Drug Administration (US FDA) to visit India officially, will meet heads of major domestic pharma companies such as Ranbaxy, Wockhardt, Cadila Healthcare and Lupin in New Delhi.
Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.
The Centre had decided to spend Rs 50,000 crore (Rs 500 billion).
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
As part of the charm offensive, New Delhi has invited global regulators -- including the FDA -- to visit Indian production units to get first-hand evidence of measures taken to ensure the quality of locally manufactured generics.
Insurance companies sell off inventory of flood-damaged vehicles to cut losses.
'You cannot treat workers like beggars.'
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
The American influential IT and telecom industry sought intervention of the Obama Administration against what they alleged are "discriminatory" Indian policies, which they claimed has resulted in several hundred millions of dollars of losses in the last quarter.
Last year, Apple had shipped close to 2 million units into India, this year, the target is to reach 3 million units
India owes Iran around $8.8 billion primarily on account of crude oil imports.
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
Case relates to alleged irregularities in '08 sanction to MCX-SX; Shah grilled in NSEL case.
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
Idea is to bring millions of small and medium enterprises online by making it easy for them to list and sell.
Absence of comprehensive data protection and privacy laws will be barriers in the government's digitalisation drive.
Tesla, which produces the luxury Model S sedan and Model X sport utility vehicle, aims to become a high-volume automaker in a matter of years
On August 13, Bombay High Court lifted the ban on nine variants of the fast food.
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
DEA officials to push for this at a meeting with FM Jaitley.
"Nano is like an open canvas for us. We have the option of positioning it on the lines of the (Volkswagen) Beetle or the (BMW) Mini."
A consortium of three US-based firms - AECOM, KPMG and IBM - was given the task of developing the master plan.
The 30-share Sensex ended down 261 points at 28,747 and the 50-share Nifty ended down 83 points at 8,684.
The San Francisco-based giant has acquired a Delhi-based company.
As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.
India has always been a good bet in relative terms during crises/turbulent times in emerging markets (EMs).
In the interview to Business Standard last week, Chary had stated that the government's proposal to merge was unwarranted and that FTIL shareholders did not benefit from higher dividends from NSEL.
Beyond the barbed wire and watchtowers, though, lies a story that casts more than a little doubt on whether this dream will ever be realised. Praveen Swami reports.
Ashok Leyland, ITD Cementation India have more than doubled.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
Higher levy on dividends earned by individuals also on radar.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
Another point of contention is the invoice issued by the e-companies.
Most e-commerce firms with 'Singapore holding structures' would opt out of the new Sebi platform
