In a disclosure to the markets, United Spirits has said it is awaiting information from UB Holdings for determining the treatment in the company's accounts of the loan together with applicable interest accrued until March 31, 2014.
New Delhi and Beijing are the only two regional capitals that have commented on US President Donald Trump's speech on August 21 outlining the way forward in Afghanistan. The Indian foreign ministry statement was effusive in praise, while the Chinese statement has been one of cautious and guarded hope. Delhi has identified itself with Trump's Afghan strategy, whereas the Chinese stance is calibrated -- observant and objective, keeping a distance, says Ambassador M K Bhadrakumar.
'If my understanding is correct, one has to file not less than 37 returns per year for every ordinary business, and that too per state.' 'If you are doing businesses in Chennai, Bangalore and Hyderabad, you have to file 37x3 returns every year!' 'The consequence of GST will be chaos, confusion and possibly economic crisis.'
The sector faces many challenges and calls for prompt corrective action.
Instead of ramming through change, Mr Parrikar has tied his own hands by placing reform at the mercy of numerous committees, says Ajai Shukla.
'China, which had earlier blockaded New Delhi's bid to join the Nuclear Suppliers Group by citing the nuclear non-proliferation law, finds itself in an awkward position and international isolation.' 'India needs to pursue a policy of mediation between China and the Southeast Asian countries for regional security,' says Srikanth Kondapalli.
Admiral Sam Locklear heads the US Pacific Command, making him the most powerful military commander on earth. With 60 per cent of the US Navy under him, PACOM oversees 52 per cent of the planet. Locklear is America's military pointsman for 36 countries, including India and China.
Will the unpredictable North Korean leader provoke conflict on the Korean peninsula?
Modi's arrival has changed the optics of the visit. There is a different demonstration of the confidence level in the Indian leadership, but not much has changed beyond that, reports Sheela Bhatt/Rediff.com.
Even without the ISI, ISIS and Al Qaeda, Tamil Nadu, otherwise acknowledged as a progressive and developed State in the Indian context, has been at the centre of 'multiple militancy' for decades now, points out N Sathiya Moorthy.
Arvind Subramanian talks about US and China's power play and where India figures in these dynamics.
'Implementation of the US-India Defence Technology and Trade Initiative is as much a test for the Modi government to direct its bureaucratic processes, as it is of US commitment,' says Lieutenant General Anil Chait (retd).
Several speakers noted that Budget carried the weight of expectations.
Classically, the Japanese - who are not guided by short-termism - added capacity during slumps to be ready to reap their good fortune when the business cycle turned upwards again and shortages emerged, says Subir Roy.
'For its part, Pakistan often gives safe haven to agents of chaos, violence, and terror.'
'More needs to be done in less time,' says Vivek Gumaste. 'A sense of urgency is crucial if the BJP wishes to fulfil its promise of tough, no-nonsense, governance in matters of security.'
The Budget is remarkably coherent.
The IAF has just 33 squadrons, 9 short of the 42 squadrons needed to tackle China and Pakistan together, says Ajai Shukla.
'A dangerous and false binary is now surfacing in Indian political discourse, which must be firmly rejected.' 'It is that we have to choose between freedom and development.' 'For us freedom is neither merely an instrument for development nor to be subordinated to development.' 'It is, as our founding fathers proclaimed early in our freedom struggle, 'our birthright' on which we shall never compromise.' 'Growth, wealth and development are fruits of democracy, not substitutes.' Dr Manmohan Singh's thoughts on democracy: A Must Read!
'As the first leaders of their respective countries born after Indian Independence and the Chinese Liberation, Modi and Xi would be expected to have the ability to overcome the traditional mindsets and the hierarchical nature of their official/bureaucratic establishments,' say Alka Acharya and Jabin T Jacob.
'If I had not been elected President of the United States, we would right now, in my opinion, be in a major war with North Korea,' Trump said.
'When the forensics have collapsed, approver is clearly proved to be a liar from the beginning to the end... Does the prosecution genuinely believe that we ought to remain in judicial custody despite showing that their own story is not being corroborated by evidence, for another 192 witnesses?'
'For so long as the rulers of Pakistan remain committed to confronting and vanquishing India, they will sustain delusions, breed terrorists, and export them.'
'When the youth population is so large, in a globalised world, they look for opportunities. Are there enough opportunities for the youth in India?' 'The idea of affirmative action has to be creating capability. All individuals have potential. Unfortunately, there is capability deprivation because of the State's inaction.' 'Nation building has been a disaster in India mainly because we lacked the work ethic compared to the US and European countries.'
'Clearly, from the Indian viewpoint, the US retrenchment from Asia cannot be happening as good news.' 'The abandonment of the US' pivot to Asia exposes the US-Indian partnership to be a mere transactional relationship,' says Ambassador M K Bhadrakumar
'Diplomatic engagement will continue even as India keeps all its options open with respect to discretely targeting the Pakistani military and its terrorist proxies.'
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
'The parallels between 1914 and 2014 are striking. The crumbling of American and Russian hegemony, the rise of powerful terrorist groups, ferment in the Middle East and the rise of China... These closely mirror the world of 1914,' says Colonel Anil A Athale (retd).
Admiral Samuel J Locklear III, Commander of the US Pacific Command, has not ruled out militants fighting in Afghanistan today switching their attention back to Kashmir post-US and NATO withdrawal of its troops from Afghanistan, and expressed concern over the recent terrorist attacks across the Line of Control that has exacerbated tensions between India and Pakistan.
More and more CSR is being defined by how a company runs its operations and makes its profits; and just firms donating money to charities.
'Both nations have a common problem: A rampaging, jingoistic and hostile China which is making substantial territorial claims. In the long run, Japan and India are going to be the victims of Chinese aggression -- so they might as well hang together to contain China,' argues Rajeev Srinivasan.
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Mayank Ashar talks about India's business environment.
'This is a movie made with this gaze fixed on its immediate well-wishers, while at the same time it squints hard looking for those swaying back and forth on the fence,' notes Rohit Sathish Nair.
'The government, supposedly manned by wise and experienced officers, was all at sea, unable to act cohesively, and with restraint. Each agency was out to score brownie points.'
The jallikattu issue has revived pan-Tamil political sentiments especially among youths, says N Sathiya Moorthy.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
Narendra Modi would have done well to take a few more months before he agreed to receive or call on heads of countries like Japan, China, and the US. The prime minister is to settle down in his job and it was too soon for him to have full awareness of the nuances of intricate international issues, says B S Raghavan.
'If a student can't get to school, the school will get to you. Even people with low reading abilities can be taught via videos.' 'Companies and students will be linked to their universities from the beginning and not towards the end of their course.' 'Digitalisation in education will be of enormous impact. Higher education must be closely linked to the demands on the future workforce.'
'If a student can't get to school, the school will get to you. Even people with low reading abilities can be taught via videos.' 'Companies and students will be linked to their universities from the beginning and not towards the end of their course.' 'Digitalisation in education will be of enormous impact. Higher education must be closely linked to the demands on the future workforce.'
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
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