The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
In the second phase of action against shell companies, the MCA is also trying to trace the directors of 'vanishing' companies
'With a less than comely bride and no dowry to speak of, the prospects of landing a good match look bleak, a grim, sinister and no-nonsense prospective father-in-law notwithstanding,' says Anjuli Bhargava.
The government, which on Thursday decided to sell ten per cent stake in NALCO, now contemplates offloading ten per cent stake in the Coal India Limited through initial public offerring.
The government has increased the budgetary allocation.
'If the total amount is spent, it will be highest Budget spend on MGNREGA.'
Generally, most Indians are under-prepared for their post-retirement life. Many middle class private sector employees end up consuming their PF accumulations for variety of other reasons like marriage of their children, medical treatment or purchase of house, etc., says Anil Chopra- Group CEO & Director- Bajaj Capital
Tax Guru Anil Rego answers your personal income tax queries.
The US-based private equity firm Texas Pacific group, among three others, is in talks with country's second largest airline Air Deccan for picking up a minority stake.
Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.
Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won't pose as big a risk as it had six months ago.
'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'
RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.
Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
India's Polar Satellite Launch Vehicle will lift off from Sriharikota on July 10 taking five foreign satellites into orbit, including three earth observation spacecraft whose imagery will be utilised by a Beijing-based company as well as an experimental nano-satellite that will deploy a large, light-weight sail in order to hasten its descent back to earth.
Coca Cola is pumping in about $250 million to consolidate its bottling operations in India.
Uber would look to expand the service to six Indian cities
The fresh funds would be used for expansion of Meru's network.
The announcement comes on the first anniversary of the project.
The engineer's murder is being linked to his letter to the PMO regarding improper utilisation of funds and the sub-standard quality of work in the Golden Quadrilateral Project.
1.03 crore taxpayers have been registered under GST till February 25, of which 17.65 lakh are composition dealers who are required to file returns every quarter.
Jawahar Sircar says his earnest request to ministry was to help strengthen public institutions.
Infosys COO says, the firm is trying its best retain talent.
Infinite Computer Solutions, on Monday announced it has secured $6 million in funding led by the Singapore-based equity investment firm WhiteRock Partners, and said it planned to recruit 600 IT professionals in India before March end.
As part of this drive, the Ministry of Company Affairs has directed the Registrar of Companies to "keep under watch" the IPOs that hit the market since 2004, garnering an estimated Rs 25,000 crore (Rs 250 billion).
America's Lexie Alford has travelled to almost every country on earth.
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
The NIA has asked him to him to appear before it on March 30 in a case filed against him under an anti-terror law.
'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
To his die-hard cricket fans, Sachin Tendulkar is 'God', something a tribal village in West Bengal swears by after the Rajya Sabha MP intervened to fund the reconstruction of a 51-year-old neglected school.
India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.
The government is all set to liberalise the promotional Market Access Initiative scheme to enable exporters penetrate new markets, as it targets to achieve $120 billion in exports this fiscal.
The worst-affected Sindh province reported 90 new coronavirus cases, taking the provincial tally to 357. The new cases have been detected in pilgrims who returned from Iran and have been quarantined in Sukkur, according to a spokesperson for the Sindh health department.
Special judge Ajay Kumar Kuhar was informed by the Enforcement Directorate that Chidambaram's arrest in the INX Media money laundering case is necessary but it will be done at an appropriate time.
