'And the top 10 per cent will grow because they have to serve the market.'
The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
The Opposition on its part wants to corner the government by raising issues like alleged shortcomings in the healthcare system during the second wave of the coronavirus pandemic and the distribution of Covid vaccines to states.
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
The unmanned aerial vehicle has been developed for surveillance and broadcasting and is ready for commercialisation.
Tomar said the government is committed to "peaceful talks with farmers' leaders and does not intend to hurt farmers' sentiments".
The total household wealth in India during this period rose 1.7 per cent to $246 billion.
AAP will have to learn to be patient as such electoral changes do not happen in a hurry, asserts Ramesh Menon.
Dismissing as baseless Kitex group chairman Sabu Jacob's allegation that the atmosphere in Kerala is not industry-friendly, state Industries Minister P Rajeev on Wednesday said his government stands for "responsible investment" and the southern state would be made a destination of such investments in few years. In an exclusive interview to PTI, Rajeev said the focus of the government is to attract green industries and IT-based industries in Kerala as land scarcity and environmental issues associated with it have been a problem in the state. "We are always taking a stand in favour of investment, in favour of industries. But our need is that--investment should be responsible. We stand for responsible investment," said Rajeev, who represents Kalamassery-an industrial hub in Kerala--in the state Assembly. Elaborating on responsible investment, the minister said it is a strategy and practice to incorporate environmental, social and governance (ESG) factors in investment decisions.
Putin, who was received by External Affairs Minister Sushma Swaraj on his arrival, went straight to Modi's official Lok Kalyan Marg residence where the two leaders had a one-on-one meeting.
The FATF warned Pakistan that if it doesn't complete a full action plan by June, it could lead to consequences on its businesses
The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.
'You cannot win an election without putting together a massive war chest.' 'It is impossible to put a war chest together, without giving and taking favours from India Inc, with a large dose of extortion thrown in,' says Devangshu Datta.
The government, however, dismissed allegations of any kind of surveillance on its part on specific people, saying it 'has no concrete basis or truth associated with it whatsoever'.
'During pregnancy, your body may tell you what it's feeling more acutely than during other phases of life, which is your body's way of adapting to protect your pregnancy.'
'The banking sector appears to be on course to recovery,' declares the RBI governor.
Group of ministers to review progress every fortnight.
Seeking to wriggle out of the FATF's grey list, Pakistan has imposed tough financial sanctions on 88 banned terror groups and their leaders, including Hafiz Saeed, Masood Azhar and Dawood Ibrahim, by ordering the seizure of all of their properties and freezing of bank accounts, a media report said.
The correlation between withdrawal of deposits and the Covid death rate is stark, reveals Tamal Bandyopadhyay.
The lawsuit has been filed by American Immigration Council and American Immigration Lawyers Association.
There is mutual invoice matching which ensures reason why GST was brought in first place, says Adhia.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.
The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018.
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
The ultrabook is a successor to the MateBook X.
For the first time, Akhilesh is leading the SP almost single-handed into a major election, but he is not the only one running the show Shikha Shalini reports.
The judgment in the 2G case is a huge, huge, indictment of the criminal investigation and justice system, says R Jagannathan.
'We are notifying ticket holders, players and staff that there will be no fans onsite at the AO for five days'.
Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing.
Among the key demands of agitating farmers has been a legal guarantee on minimum support price (MSP). The protest reached a crescendo when thousands of farmers from Punjab and elsewhere marched towards Delhi late last year and decided to block the main entry points once they were denied entry. The Centre, on its part, held 11 rounds of discussions with the protesters and even offered to amend some of the provisions without much success. With now one of their chief demands met, farmers have now moved on to force the government to concede on MSP.
Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay.
Byju Classes' founder Byju Raveendran, Zomato co-founder Gaurav Gupta, CEO of Antara Senior Living, Tara Singh Vachani, Vinati Organics' MD & CEO Vinati Mutreja and Swapan Mehra, CEO of Iora Ecological Solutions are among 115 young leaders.
Emirates NBD is a banking group and a market leader across core business lines and is the leading retail banking franchise in the United Arab Emirates and is also a major player in the corporate banking arena.
The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."
'This government will end after five years, but farmers will not end after five years.' 'This is the source of our confidence.'
The online pharmacy market, which was worth about $512 million in 2018, is growing at a CAGR of 63 per cent and is expected to hit overall revenues of over $3.6 billion by 2022.
Which were the five businesses Ratan Tata had great hopes for, but his successor failed to deliver?
Trains were set afire and blocked, and public vehicles attacked as protests over 'Agnipath' swept across several places in Bihar, Uttar Pradesh, Rajasthan, Haryana, Madhya Pradesh, Delhi and Jammu on Thursday amid partisan political voices in favour and against the new recruitment scheme for the defence forces that has set off a firestorm.
The government said that the unilateral changes are not fair and acceptable.
