The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
Loses notional value by 37.5% because of markdowns by investors
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
The Intelligence Bureau and the Research and Analysis Wing are at loggerheads with the Home Ministry for its proposal to allow international roaming for Pakistanis on Indian soil as they believe it will be misused. Vicky Nanjappa reports
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Had it not been for the intellectual dominance and political legitimacy of the Leftist philosophy since 1970, would EPW have become what it did? After all, there were other more established journals around then, says T C A Srinivasa-Raghavan.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
In September, Sebi had given a six-month extension to companies.
Nikita Puri and Dhruv Munjal explain why new-age businessmen are turning to exclusive, uber-rich clubs.
The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales.
'I may not indulge in chest thumping to express my patriotism every day.' 'I may be cynical about many things happening in our country.' 'I may not roar Bharat Mata Ki Jai at the top of my voice. But I still love my country, just as one loves one's parents with all their weaknesses.' 'Does that make me any less of a patriot?' asks Shobha Warrier.
'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
German prosecutors launched an investigation on Monday into fraud allegations against former Volkswagen boss Martin Winterkorn.
When an NRI returns to India, he should be aware of his tax residency status.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
While the state's decision to take the road to Prohibition has been given a communal twist, there are several political imperatives of the move
'We have a common way of looking at the world, a common way of thinking, and a common set of values that predispose us to be partners. And our interests overlap greatly,' Dr Ashton B Carter, America's next defence secretary, told Aziz Haniffa/Rediff.com in an exclusive interview.