Batra Hospitality Private Ltd broke no ground rules while disposing off its shareholding in Centaur Hotel Mumbai to Sahara Group, Lok Sabha was informed on Wednesday.
This was the companies' highest loss in two years.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
IT Department asks car dealers to furnish ledgers of all customers who have booked vehicles from November 1.
''Why didn't you send a message to this cricketer? It would have been good for your career, for your PR and public image'.' Richa Chadha shares some shocking truths.
A Houston-based law firm has agreed to pay Enron $2.8 million to settle a lawsuit to recover fees the energy company paid it before becoming bankrupt in December 2001.
Meet Anna Chandy, chairperson of the Deepika Padukone-led Live Love Laugh Foundation.
Keya Sarkar outlines some of the challenges faced by a low-income father determined to educate his daughter.
Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles.
"How many more lies will be peddled to sustain a sinking dynast? India, certainly deserves better," Jaitley said.
'I hope that the incoming Biden-Harris Administration works with India to address some of the most profound geopolitical transboundary challenges.'
RBI has printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes as on December 8.
'Like doctors, health workers, police, bankers are also COVID warriors,' notes Tamal Bandyopadhyay.
As probe into suspected black money stashed abroad by Indians gathers steam, banks in Switzerland are running from pillar to post to safeguard their interest.
'It may sound like sacrilege, but does it really matter if the global raters downgrade India for fiscal slippage?' asks Tamal Bandyopadhyay.
If you do not overspend, we advise you to get yourself a credit card. It will open up a whole new world of benefits.
Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
'You should be able to juggle them, extract the most rewards out of them, and most importantly, be able to repay your dues on time.' 'However, you shouldn't try to get multiple cards at once,' advises Adhil Shetty, CEO, BankBazaar.com.
Launches and sales of house property have seen a continuous drop.
Sebi has time and again voiced its concerns over higher agents' fees.
He also advised Congress chief Rahul Gandhi to "learn" from former defence minister Pranab Mukherjee "lessons on national security."
Nokia sold its once-dominant handset business last year.
The GST bill's draft says tax would be levied on Maximum Retail Price
It's not easy to ignore the newspaper ads with Diwali offers.
Government officials say a shareholding structure has been mandated to discourage non-serious bidders from accessing Air India's data room
'Allocate 30% to 35% of your equity portfolio to mid-cap funds and 10% to 15% to small-cap funds.'
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
NPA problem to continue for next 2-3 quarters: banks to FinMin
To invest in the stock market and buy equity, you need three things
The Valley, which was brought under a virtual curfew with communication networks snapped on August 5 after the government abrogated special status to Jammu and Kashmir, has seen little difference in the last seven weeks as public transport is still not available and schools waiting for students to collect assignments.
Credit cards, if used properly, can be a great way to build one's CIBIL score.
"I invite each one of you to become a partner in India's growth story. And once again assure you of our wholehearted support."
Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For the majority of wealthy investors, taking the private-equity route could still be the better option.
UB Holdings facing a slew of legal cases over its exposure to the loans of now-grounded Kingfisher Airlines and increasing pressure from a consortium of lenders, may be forced to seriously go ahead with the transaction this time.
With the use of e-wallets gaining momentum after the note ban, e-wallet service providers have doubled down on developing new security features in their apps. Sharath Chowdary reports.
Banking as we know it will stand on its head in the next 10 years.
Protect yourself and minimise such frauds by following these simple rules
The alliance combines capabilities of both the companies to offer a set of solutions comprising connectivity, computing, storage solutions, and other technology services and applications required by Indian businesses, and will span the broad Reliance Industries ecosystem, including its existing and new businesses.