As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.
Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance, a joint venture with Nippon Life, which is among the top five private-sector insurance companies.
As many as 12,394 complaints of alleged corruption were received against railway employees.
Lenders to DHFL will meet early July to hammer out a rescue package, which will include the reworking of loan payments, fresh working capital support, roping in a financial investor, and the promoters ceding control.
During the meeting with Finance Minister Nirmala Sitharaman, it was also suggested that employees' provident fund should increase its exposure in the stock market, which in turn would improve liquidity.
The case pertains to alleged financial irregularities in supply of high-altitude tents worth Rs 22 crore to intelligence agency Research and Analysis Wing during 2009-13.
The number of active COVID-19 cases stood at 20,177 while 5,913 people (21.96 percent) were cured and discharged, and one patient has migrated, the ministry said. The total number of cases include 111 foreign nationals. Of the 47 deaths reported since Saturday evening, 22 are from Maharashtra, eight in Rajasthan, seven from Madhya Pradesh, six Gujarat and one each from Delhi, Uttar Pradesh, Jammu and Kashmir and Tamil Nadu.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
It is time to shrug off the ideological shackles about the way we work, play and live, says Ajit Balakrishnan.
The dealers are protesting against the use of petrol pumps for government campaigns and seeking of personal data of over a million people working there
LIC, EPFO and PSBs are likely to be asked to subscribe to bonds.
The CBI and ED are keeping a close eye on several bank accounts.
The Congress is banking on decisions like reducing electricity tariff and fuel prices, taken during current CM Charanjit Singh Channi's 111-day tenure.
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
The DDCA decided to file a defamation case against Delhi CM Kejriwal and suspended BJP MP Kirti Azad for making "wild and baseless" allegations of corruption against the body.
'There are companies that are losing and there are companies that are rising.' 'And the companies that are losing are positioning it as an economic slowdown.'
Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.
AAP national convener Arvind Kejriwal also challenged the BJP to announce its chief ministerial candidate by 1 pm Wednesday and said he is ready for a public debate with him.
With the entire fraud amount becoming a non-performing asset, around 25 per cent of the bank's estimated net worth of Rs 40,000 crore could be affected.
Despite the indisputable facts demonetisation and its pain is yet to have a quantifiable political backlash. But this is provided the government can limit the damage to the next one week.
Isha was the custodian of the cash at the time it was being placed in the ATM.
With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.
Ridlr will become a wholly-owned subsidiary of ANI Technologies, which owns Ola brand. Ridlr's team of 64 employees will now become a part of Ola.
'Nobody expected the slowdown to go for these many days. Unfortunately, it is an unbelievably bad slow down.'
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
The high court imposed various bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
A few weeks ago, when Road Transport & Highways Minister Nitin Gadkari launched an electronic toll-collection system on the Delhi-Mumbai highway, television channels reported live from toll plazas showing vehicles with radio frequency identification (RFID) tags in dedicated lanes that did not have to stop for paying cash.
The sprawling warship building facility caters to the combat vessel requirements of not only the Navy, but also the Coast Guard.
UK's Cairn Energy Plc has offered to forego $500 million and invest that amount in any oil and gas or renewable energy project identified by the Indian government if New Delhi agrees to honour an international arbitration award and returns the value of loss it incurred because of being taxed retrospectively, sources said. The Scottish firm invested in the oil and gas sector in India in 1994 and a decade later it made a huge oil discovery in Rajasthan. In 2006-07, it listed its Indian assets on the BSE. Five years after that the government passed a retroactive tax law and billed Cairn Rs 10,247 crore plus interest and penalty for the reorganisation tied to the flotation.
Amid compulsions, the Delhi assembly elections would test the Aam Aadmi Party's endurance, says Sreelatha Menon
Many layers camouflage the acquisition of 1,127 acres of prime real estate in Uttarakhand's capital.
'The government has stopped our earnings due to the lockdown and must do something for our earnings to restart.'
'Once we are past this electoral season, during which all promises are presented as free lunches, could we bring such non-populist issues into focus?' 'Like fixing the problems of the public sector?' points out T N Ninan.
If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information
"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
West Bengal and Maharashtra, despite having fewer public sector employees, are likely to face a higher burden of salaries and pensions.
'One out of three phones sold in India is a Xiaomi phone.'
