Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.
After India banned 59 Chinese apps last month, at least three more China-based video apps - Snack Video, Likee Lite, and Zili - have now made it to the list of top 10 downloaded apps in India on Google Playstore.
The Finance Ministry has been pitching for EPFO funds to be invested in the equity markets to maximise their yields.
An initiative to fund the education of bright Indian youngsters undertaken by two Indian-Americans has now acquired a momentum of its own, discovers Anjuli Bhargava.
The police are questioning members of Sathya Sai Central Trust in Puttaparthi in relation to the Rs 35.5 lakh seized at Kodikonda checkpost at Hindupur on June 18. While the police have completed the questioning of Ratnakar, Sathya Sai Baba's nephew, the interrogation of Srinivasan, a high-profile member of the trust, is underway.
According to sources, both the departments have already laid their claim on the proceeds from the sale of the property
EPFO manages a corpus of over Rs 8.5 lakh crore and its subscribers' base is over five crore at present.
In electing Kumar to receive the 2019 Ramon Magsaysay Award, the board of trustees recognises his unfaltering commitment to a professional, ethical journalism of the highest standards; his moral courage in standing up for truth, integrity, and independence; and his principled belief that it is in giving full and respectful voice to the voiceless, in speaking truth bravely yet soberly to power, that journalism fulfills its noblest aims to advance democracy, the award citation said.
Bank accounts of a trust backed by Karmapa Ugyen Trinley Dorje and its trustees have been frozen in connection with the probe into the seizure of a huge amount of foreign currency from a transit home of the Tibetan spiritual leader. "It (freezing of bank accounts) is part of the investigation process as bank accounts were being thoroughly screened for money transactions," Inspector General of Police P L Thakur said on Friday.
A smooth access to the hitherto prohibited area of the temple brought cheer to women devotees as they poured oil on the ancient black stone idol and offered flowers to the deity on Saturday.
Despite the trust's orders that men as well as women will not be allowed to enter the Shani Shingnapur temple here, around 100 men were on Friday seen storming into the inner sanctum of the holy place.
The villagers have now kept firecrackers ready to hail a win for Kamala Harris, also a US Senator.
Franklin Templeton Asset Management (India) on Tuesday said it strongly disagrees with the findings in Sebi's order in the case of winding of six debt schemes in 2020 and has decided to challenge the direction in Securities Appellate Tribunal (SAT).
The famous pilgrim place of Lord Shiva, the Somnath temple in Gujarat will now be off-limits for non-Hindus as authorities have decided against entry to people following other faiths without prior permission.
The Supreme Court today ordered that former Comptroller and Auditor General of India Vinod Rai will supervise special audit of property of Kerala's famous Sree Padmanabha Swamy temple, which is facing charges of financial irregularites, and constituted a new administrative committee headed by District Judge, Thiruvananthapuram.
Earlier it was announced that after landing at the airport in Ahmedabad on February 24, Trump will go to the Sabarmati Ashram and spend around 30 minutes there. All preparations are in final stages for the visit of President Trump.
The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman last month.
The Jawahar Bhavan Trust has been reshuffled.
Former Union ministers Arjun Singh, M L Fotedar and Mohsina Kidwai have retired as trustees.
Ahmed Patel, Sonia Gandhi's political secretary, has relinquished the post of secretary to the trust; he remains a trustee.
Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.
'I am filled with hope and inspiration as I have the privilege to view this testament to Gandhi's life. He is a hero not just to India but to the world,' Obama wrote in the visitor's book.
Reliance Group, recently, accused L&T Finance and Edelweiss Group entities of "illegal" and "motivated" actions in invoking the pledged shares of Anil Ambani group's three listed firms and selling them in open market causing a steep fall in share values.
The CBT headed by Union labour minister would meet on September 4.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
The EPFO is likely to decide soon the rate of interest on PF deposits for 2013-14, which is expected to be over 8.5 per cent.
Former Cricket Association of Bengal (CAB) treasurer Biswarup Dey has launched a fresh tirade against the Sourav Ganguly-led Cricket Association of Bengal alleging discrepancy in ticket distribution for the India-England ODI on January 22.
The Supreme Court on Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up.
The steep one percentage points increase has taken the interest on PF deposits of 4.71 crore organised sector workers to a five-year high.
The move can help mop up about Rs 1.2 lakh every day for the purpose.
Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
Sebi on Monday barred Franklin Templeton AMC from launching any new debt scheme for two years and fined it Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to the six debt schemes, Sebi said in its 100-page order. In a separate order, the regulator has barred Vivek Kudva, former head of Asia Pacific (APAC) for Franklin Templeton, and his wife Roopa from the securities market for one year for redeeming units of Franklin Templeton MF schemes while in possession of non-public information.
Bringing a local or non-Chinese partner onboard opens up the possibility of legal recourse to have the ban diluted or revoked. However, the process of going through a review committee and setting up local servers might take at least 3-6 months.
Cox & Kings is currently going through the corporate insolvency resolution process. Around 2,500 operational creditors have submitted claims of over Rs 631 crore, 2,440 employees and workman have claimed dues of over Rs 94 crore and other creditors have submitted claims of over Rs 3 crore.
'Temperamentally, they are quite alike.' 'Ahmed Patel avoided the limelight and was not a power seeker.' 'The Gandhis too are not power wielders, but trustees of power.'
According to the spiritual guru, all men and women could have darshan of the Shani deity from a distance of three feet without any gender discrimination.
Two elderly Chinese aerospace experts are hospitalised after a violent attack by a 'Princeling', states Jayadeva Ranade, the distinguished China expert and retired RA&W officer, highlighting the power the 'Princelings' ironically hold in the Communist People's Republic.
Investigation into the attacks on some temples in Andhra Pradesh has revealed that most offences were committed by treasure trove hunters, believers in superstition, drunkards and others, Director General of Police D G Sawang said on Wednesday.
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
Hyderabad-born Gadde, 45, is Twitter's legal, public policy and trust and safety lead.
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
Bharatiya Janata Party leader Subramanian Swamy has welcomed the Somnath Temple Trust's decision to allow non-Hindus inside its premises only after permission and suggested that people from other faiths should be allowed only after they admit to great respect for Lord Shiva.
