Where Binny slipped up badly was in gauging the level of transparency and governance that is expected by a global strategic investor, says Indrajit Gupta.
The top court had come down heavily on the ED and said it is not expected to be "vindictive" in its conduct and must act with utmost probity and fairness.
Bansal has picked up a majority stake in Chaitanya Rural Intermediation Development Services, a company which runs microfinance institution Chaitanya India Fin Credit.
Amazon Pay UPI has crossed 100 million customers, with the online platform used mainly for e-commerce transactions, utility bill payments and mobile recharges, the company announced on Monday.
Faced with a dilemma over handing tickets to leaders facing allegations of corruption, Congress on Wednesday gave indications that while former Railway Minister Pawan Kumar Bansal could be re-nominated from Chandigarh, Pune MP Suresh Kalmadi may not be fielded in the upcoming polls.
The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant interest rates to the borrowers. These four entities are Asirvad Microfinance, Arohan Financial Services (also an MFI), DMI Finance, which provides personal, consumption, and micro, small and medium enterprises loans, and Flipkart co-founder Sachin Bansal's Navi Finserv, which offers home and personal loans. The ban will take effect on October 21 to "facilitate closure of transactions in the pipeline", the regulator said in a statement.
Bansal's wife and daughter had hanged themselves in the same apartment while he was in jail.
Former WFI chief Brij Bhushan Singh over allegations of sexual harassment: 'It's a conspiracy by Congress'
'This case is not a good example of intellectual property strategy for either sector.'
The Delhi high court on Monday upheld Chief Minister Arvind Kejriwal's arrest by the Central Bureau of Investigation (CBI) in the corruption case stemming from the alleged excise policy scam, dealing a massive blow to the Aam Aadmi Party leader.
Raghu Krishnan profiles the man in the eye of the storm at Infosys.
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
She had worn it for a space theme party during Anant and Radhika's pre-wedding in London.
'Compare the new slabs with the previous years to understand if your tax liability will increase or decrease after the Budget.'
Reacting to Kirti Azad's expose on the alleged DDCA scam, President Sneh Prakash Bansal has strongly refuted the charges saying that no company bill mentioned in the sting operation exists in the cricket body's transaction records.
Pharma firm run by minister's wife, sons and nephews swiftly became a money-spinner, with prestigious clients.
The Madhya Pradesh high court on Monday issued notices to actor Kangana Ranaut, the Centre, censor board and others on a public interest litigation (PIL) challenging the screening of her upcoming Hindi film Emergency on the ground it contains scenes that violate fundamental rights of Sikhs.
Railway Minister Pawan Kumar Bansal may have been quick to deny any role in Railway Board bribery scandal and ask for a thorough CBI probe. But his image as an honest man, whose integrity could not be challenged, has been demolished. Anita Katyal reports
Bansal's exit came at a time when some good investment and policy decisions were expected.
Unlike the taint associated with run-of-the-mill politicians, Pawan Kumar Bansal had a certain image of "Mr Clean" and was known for being meticulous in work.
Currently the vice president and head of finance, Bansal will take over as CFO from November 1.
In the suicide note, Bansal has alleged that a CBI DIG, two women officers, and a "fat" havildar of the agency had "tortured" his wife and daughter after which they ended their lives.
A Gen-Z style icon, Soniya Bansal is the epitome of cool.
The Railway Budget will be a tough balancing act for the minister, who needs to mobilise resources urgently to offset the burden of the recent diesel price hike.
'When it is unpaid, sometimes, they don't take you seriously.' 'Work is not reviewed, and there is no effort in making interns learn.'
Infosys describes him as "a very bright star in the finance department", with it for 13 years and working under Balakrishnan for the past four years.
Flipkart faces intense competition from larger global rival Amazon and local rival Snapdeal.
Railway Minister Pawan Kumar Bansal on Saturday met Prime Minister Manmohan Singh in the wake of the Central Bureau of Investigation arresting his nephew on bribery charges. Bansal drove down to the prime minister's official residence and was closeted with him for nearly 20 minutes.
Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.
A day before he committed suicide, former Corporate Affair DG B K Bansal had visited the Central Bureau of Investigation headquarters to submit Income Tax certificate showing that his son Yogesh had disclosed over Rs 2.38 crore of unaccounted income to tax authorities.
Bollywood celebrates it's favourite festival Raksha Bandhan with cute pictures and messages on social media.
Catch bestselling author Rashmi Bansal in conversation about her new book Poor Little Rich Slum: What we saw in Dharavi and Why it Matters.
As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.
The tribunal was constituted on March 18 for the purpose of adjudicating whether or not there was sufficient cause for declaring the MCJK-Bhat an unlawful association.
A delegation representing the Ram Temple Trust on Friday called on President Droupadi Murmu and formally invited her to attend the consecration ceremony in Ayodhya on January 22.
Former Railway Minister Pawan Kumar Bansal's Chandigarh Lok Sabha seat is up for grabs. And there are quite a few in the reckoning. Anita Katyal reports
Daily revelations about the wealth amassed by Bansal's family made it increasingly difficult for the Congress leadership to protect him, reports Anita Katyal
The Vishva Hindu Parishad on Sunday said 'some people' have been seeking funds in the name of the Ayodhya Ram temple trust without any approval and a complaint has been made to Uttar Chief Minister Yogi Adityanath and the Union home ministry requesting for immediate action against them.
Railway Minister P K Bansal's continuance in the Union Cabinet hung in balance on Saturday night as the Congress and the government received a fresh battering in the wake of the arrest of his nephew on the charge of accepting bribe to fix plum position in the Railway Board.
Getting into the groove, Railway Minister Pawan Kumar Bansal on Tuesday got a detailed presentation of the functioning and various aspects of the national transporter including its financial health.
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