'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
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Cairn India said it has always been fully compliant with all Indian income tax laws.
SSTL is the second operator after Vodafone that has approached FIPB for raising FDI limit.
Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.
The Jio-Bharti battle will not just be limited to mobile telephony but will extend to the fibre to home space too.
With the Telecom Regulatory Authority of India (Trai) refusing to reserve 900-MHz spectrum for incumbent telcos, asking them to vacate the quantity held and win back through bidding, GSM operators, led by the Cellular Operators Association of India (COAI), have decided to propose a compromise formula.
Images from football friendlies played on Wednesday.
The move came as the country badly needs capital inflows as the rupee comes under pressure
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The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
The RBI governor most famous oneliners -- 'I am Raghuram Rajan and I do what I do' -- that eventually summed up the year 2015 for the central bank
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
The event, organised by Deutsche Messe AG, is held each year at the Hanover fairground, the world's largest, in Hanover, Germany.
Any transaction where the value of Indian assets exceeds 50% of the FTC would attract taxes in India.
'He was capable, concise, calm, sublime, and profound, and perhaps that's also why Irrfan's passing felt 'personal' to many.'
By using recycled resources to create earth-friendly gifting options, the venture Surprise Someone is changing the way India smiles.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Watal panel had suggested an independent payments regulator be set up.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
A new CBDT directive actively makes India-dedicated funds comparatively unattractive for institutional investors. It makes no sense, says Akash Prakash.
China's economy is worse than it really is, but then these are emblematic of the baffling self-congratulatory mood that exists in India today.
The justice delivery system is struggling to cope, creaking at the joints and bursting at the seams. Indian courts have to deal with about 30 million cases with a judicial strength of just about 19,000 judges.
Sumit Jain, CEO and co-founder, Commonfloor talks about serendipity and his entrepreneurial destiny.
