The committee will consist of retired Supreme Court judges S I Imam and Rohini Marasinghe, and Irangani Perera, retired High Court judge.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
Besides launching initiatives for technological, administrative and infrastructural improvement, Chandrachud, like his illustrious father Y V Chandrachud, who was the Chief Justice of India for the longest time from February 22, 1978 to July 11, 1985, kept delivering significant verdicts in the last one year.
The Reserve Bank on Monday barred IIFL Finance Ltd from disbursing gold loans, with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying the purity of the yellow metal. A leading financial services provider, IIFL Finance offers a range of loans and mortgages. The latest directions from the Reserve Bank of India (RBI) pertain to only the gold loan business.
Admitting that there are governance issues in the public sector banks, RBI Governor Raghuram Rajan underlined the need for improving transparency in sanction of loans.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
A day after taking charge as Defence Minister, Manohar Parrikar on Monday said he would focus on "targeted completion" of works to strengthen the armed forces.
'Aspiring doctors have put in years of their lives to study in preparation for NEET exams as they start studies from Class 9 to get good marks.' 'And today, after the NEET paper leak, these students even after getting good marks are unable to get admission in any good medical college (because of inflated merit marks due to the paper leak).' 'They are thinking, was it worthwhile to study so hard for the examinations to become a doctor?'
While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.
US president Barack Obama new initiative to help millions of proud Indian-Americans directly invest in India's future.
Khattar, who represented the Karnal seat, said newly appointed Chief Minister Nayab Singh Saini will take care of the constituency now.
Meta is working closely with the Election Commission. This enables the Commission to flag unlawful content.
Chief Justice of India DY Chandrachud on Thursday said the Supreme Court has onboarded the National Judicial Data Grid (NJDG), a repository of data on pendency and disposal of cases right from taluka to the national level.
In a shocking incident at Haneda Airport, Japan Airlines Flight 516, en route from New Chitose Airport, erupted into flames just after landing on Runway C at approximately 5.47 pm (local time) on Tuesday, Japanese public broadcaster NHK reported.
In its verdict last month, the top court directed the SBI to furnish the details to the Election Commission (EC) by March 6.
It's not only the Indian markets that command a valuation premium over their global peers; shares of subsidiaries of India-listed multinational companies (MNCs) also trade at rich valuations compared to their parent companies. An analysis of 12-month forward price-to-earnings (P/E) and price-to-book (P/B) multiples of domestically listed MNCs shows that most quotes have a premium ranging from 2.1x to 6x that of their parent. Similarly, P/B, in most cases, is significantly higher in the domestic market.
While the cause itself is undoubtedly worthy of attention, the method employed raises concerns about the dangers of misinformation and the responsibility of news outlets in our information age.
South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.
The availability of domestic capital to fund startups and an ability to attract talent in the early days are among the biggest challenges faced by entrepreneurs, Infosys co-founder N R Narayana Murthy said on Thursday. "It is desirable to create a policy that makes it attractive for domestic institutions like family offices of HNIs (high net-worth individuals), insurance companies or large corporations to invest in venture capital funding," he said at the T N Chaturvedi Memorial Lecture 2024 in New Delhi's Prime Ministers' Museum and Library.
Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.
The EU mission noted that political and campaign fundraising and financial expenditure lack transparency and effective oversight.
Describing Central Asia as India's "extended neighbourhood", Doval said New Delhi accords "highest priority" to this region, adding Afghanistan is an important issue "concerning all of us".
The Congress on Saturday resolved to make the Indian National Developmental Inclusive Alliance (INDIA) an 'ideological and electoral success' to free the country from 'divisive politics' and ensure that people get a government that is sensitive and accountable.
Three months after coming to power, the ruling Congress on Thursday passed an order setting up the inquiry panel led by retired HC judge Justice Nagamohan Das, fulfilling one of its key promises made in the run-up to assembly polls.
'The response from the government using words like malicious, deliberate, etc is diverting from the real issue.' 'The indicators related to young children such as stunting or child mortality are a reflection of the social development in the country.' 'That's how we have to look at it and not ignore the issue by denying the data.'
With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
Ahead of Friday's extraordinary general meeting (EGM), Byju Raveendran, chief executive officer (CEO) of Byju's, told shareholders that he is committed to restructuring the board of the embattled educational technology (edtech) firm. He also committed to appointing two non-executive directors to the board by the mutual consent of the founder and shareholders. The development comes at a time when a consortium of key shareholders, holding over 30 per cent stake in Byju's, issued a notice to the embattled edtech firm this month, calling for an EGM to address "persistent issues", including a proposed change of management at the firm.
Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.
'Most of the bot attacks have originated from outside India.' 'Our firewalls are resilient and withstood the attacks.'
If the Budget makes no big announcements on new schemes, projects, or tax giveaways, the government would face a major political dilemma as it may have to reluctantly consider shunning the practice of unveiling pre-election sops to woo voters, notes A K Bhattacharya.
Former captain Bhaichung Bhutia demanded the resignation of All India Football Federation president Kalyan Chaubey.
Facing headwinds due to pilot exits, Akasa Air on Friday said it had approached the Delhi high court seeking interpretation and clarification with respect to mandatory notice period requirements for pilots and that the move was not against the DGCA or the civil aviation ministry. Akasa Air, which started flying in August last year, has initiated legal action against a "small set of pilots" who left the carrier without serving their notice periods that led to cancellation of many flights. In a statement, the airline said it sought relief from the Delhi high court to stop the unethical and illegal practice by this set of pilots.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
From almost 60 per cent as of December 2019, the share of liquidations in the mode of closure of total Insolvency and Bankruptcy Code (IBC) cases came down to 44 per cent till September 2023, data by the Insolvency and Bankruptcy Board of India (IBBI) shows. Experts say the decreasing trend in liquidations under the IBC in India can be largely attributed to the initial economic conditions of companies entering the Corporate Insolvency Resolution Process (CIRP). IBC experts also say the trend shows a certain stabilisation in IBC with the Code now rid of legacy bankruptcy issues.
After inaugurating development projects worth nearly Rs 5,000 crore for boosting the agri-economy in the Union territory, Modi said he was "elated to be among the wonderful people of Srinagar".
In the 35-member municipal House, the BJP has 17 councillors. The number of BJP's strength increased from 14 to 17 after three Aam Aadmi Party councillors switched over to it on February 19. The AAP has 10 members while the Congress has seven. The Shiromani Akali Dal has one councillor.
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
