'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'
Subsequent to a failed acquisition deal, Air Sahara, on Friday, filed a Rs 3,020 crore (Rs 30.2 billion) claim against Jet Airways for non-completion of the agreement.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
RBI, Enforcement Directorate to see if money was sent to tax haven
Mumbai resident Sumesh Pillai tells us how he panicked when the ATM didn't dispense cash and what happened later.
Here's a closer look at the showcause notices issued to Lalit Modi
Modi should bluntly ask Chinese President Xi Jinping why he was willing to put his neck in the Pakistani noose, ignoring all that is known of Pakistan's perfidy, says B S Raghavan.
Prepare your replies with expert help, if necessary. Keep relevant documents ready to support your replies.
Suppose you have transferred money to your trading account but did not use it to buy securities, the broker could misuse this money, warns Sanjay Kumar Singh.
Some believe the shift to mobile-based transactions will be seamless considering that the urban tele-density is 148%. In rural areas, it is touching 51%. But smartphone penetration in India is a mere 12%. Growth of mobile money has been extremely slow: It is currently 1%.
Two weeks ahead of October 1 deadline, Sebi likely to relax certain conditions.
The Supreme Court has come down heavily on the Board of Control for Cricket in India over not completely complying with the recommendations of the Lodha Panel.
Jewellers went on strike for three days from March 2.
Sahara relied on a letter from bank saying the funds were there.
Bengaluru-based InMobi and Microsoft combine their powers to break the stranglehold of Google and Facebook in the digital advertising space.
Mirach said it has remitted $2.625 million to the Sebi-Sahara Fund.
Reflecting substantial financial stress, diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore (Rs 44.60 billion).
US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.
Tendering the shares in an open offer will lead to higher taxation.
Sources said she had stopped eating for the past few days and had constantly been making calls and sending emails to the two brothers.
Costlier offers, high import duties and a realignment of its business and distribution continue to dent iPhone sales in India in 2018
Officials are relying on both formal and informal methods for reaching non-filers.
Abu Anas was arrested by the NIA in January for allegedly planning to carry out a terror strike ahead of Republic Day.
It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.
The PIL, which could be listed for hearing during the week, termed Tuesday's notification of department of economic affairs and the finance ministry as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large scale mayhem, life-threating difficulties".
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
Companies in China, South Korea and Indonesia pay 25 per cent tax, while those in Malaysia pay 24 per cent. Only Japan has a higher tax than India at 30.6 per cent. Hong Kong has the lowest corporate tax rate of 16.5 per cent while Singapore has 17 per cent rate and Thailand and Vietnam levy 20 per cent tax on companies.
He may have failed at his first attempt, but 27-year-old Dinup Kalleril, an engineering dropout, is following his passion relentlessly.
'I think investors see a lot of positives happening in India now.'
Capital gains exemption benefits are available under Section 54 and 54F of the Income Tax Act. Individuals, however, need to be aware of the conditions attached to these provisions, suggests Archit Gupta, founder and CEO, ClearTax.
BlackBerry has signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence, it said in a statement.
The indices opened on a positive note with a gap of 26 points at 4,974 ahead of the FM's clarification regarding transaction tax.
UB Holdings facing a slew of legal cases over its exposure to the loans of now-grounded Kingfisher Airlines and increasing pressure from a consortium of lenders, may be forced to seriously go ahead with the transaction this time.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
India's real risk is not that crony populism would fail, but that it would succeed, consolidating a path that is fundamentally a trap, both in terms of social inequalities and long-term growth, says Michael Walton.
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
Seeking truce with agitating Opposition members over controversial remarks made by Minister Sadhvi Niranjan Jyoti, Prime Minister Narendra Modi on Friday said the matter should be put to rest after her apology, but it failed to satisfy them.
The two Houses were adjourned for the day amid sparring between the treasury and the opposition benches on the issue.
The issue will now have to be resolved through arbitration.
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