While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
'A veiled secret of India's defence and strategic culture is the lack of a serious interest in them by the political class. The Indian National Defence University would fill this void,' feels Lieutenant General Anil Chait (retd).
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary
'Good politics is not just staying in power. You cannot sacrifice everything at the altar of trying to ensure the coalition remains in power.'
On the face of it, some clauses in the new land ordinance looks pro-farmer but in reality it is not so. The problem is two-fold. The first is the vagueness of the law itself. The other problem with this ordinance is that it is against the very ethos of judicial interpretation, says Vidhan Vyas.
Like China, India needs to encourage 'hacker clubs' in view of the challenges of virtual terrorism, says Lieutenant General Prakash Katoch (retd)
Nothing turns on the hair-splitting argument that the Congress does not have 55 seats because that is not a legal requirement to be the single largest legislature party in Opposition in the Lok Sabha, says Venkatesh Nayak.
'If, as appears to be the case, India is on way to 'mending fences' with China, and China is equally desirous to 'reset' the relationship, this could be a self-reflexive moment in India's positioning vis-a-vis not just the Dalai Lama, but also the Tibetan issue and China as a whole,' points out China expert Alka Acharya.
'I can tell you, Mr Chairman, from personal experience that there is nothing sadder than witnessing a close one, a loved one with mental illness at close quarters.' 'I have lived with a victim of mental illness. Like many in that condition, very often such people are in a state of denial.'
'I kept begging the doctors to put my three year old on the ventilator. But the doctors and nurses kept saying no ventilator was available. When the breathing apparatus ultimately became available, it was too late.'
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
Narendra Modi's mother washed utensils to make a living. Madhusudan Mistry's grandmother, who brought him up, was a vegetable vendor. Mistry's trajectory from poverty to membership of the all powerful Congress Working Committee is moving. the man who has Rahul Gandhi's ear and is all set to take on Narendra Modi in Vadodara, speaks to Rediff.com's Sheela Bhatt in a fascinating interview.
Indian economy about to take-off
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.