Whatever the final outcome of this unhappy episode, one thing is clear: a glass once cracked cannot be fixed. The trust is gone forever and the relationship between two old friends lies in tatters. For now, IndiGo, the airline, will have to learn to soar with two angry and distracted commanders, says Anjuli Bhargava.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
Ashish Mehrotra, MD and CEO, Max Bupa Health Insurance, explains the changes we can expect in health insurance this year.
Manish Sabharwal tackles 5 criticisms of demonetisation.
The typical modus-operandi of such entities involves setting up of a company, followed by tall claims about their proposed business ventures.
The draft regulations in this regard are expected to be approved by the board during the meeting.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
There appears to be a growing perception among the political class that faster growth will not create jobs fast enough and, therefore, welfare spending needs to be drastically increased, says T T Ram Mohan.
While regulators are trying to do their bit, the onus is on you to prove it.
The amendment of around 40 central statutes makes the Finance Bill, 2017 unique
Under pressure to come clean, David Cameron has finally admitted that he profited from shares in a Panama-based offshore firm set up by his late father but sold his stake months before he became Britain's prime minister in 2010.
The realty major is awaiting orders for the second proceedings.
Sahara accuses Mirach Capital of cheating, forging bank letter.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
How will the government's decision to demonetise Rs 500 and Rs 1,000 notes help curb the creation and flow of black money into the Indian economy?
An Australian couple abandoned a baby boy born via surrogacy in India despite being repeatedly warned that the child could be left stateless.
The SIT on black money has widened its probe.
The Board rued that its efforts to resolve the concerns of the founders - who together own about 12.75 per cent stake in Infosys - over the course of a year through a dialogue have not been successful.
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
Prime Minister Manmohan Singh will make himself available to the Central Bureau of Investigation in the coal-gate investigation if a formal request is made, Union minister Kamal Nath said on Sunday.
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.
Leading sponsors of football's world governing body have demanded independent oversight of FIFA's reform process in an open letter published on Tuesday ahead of a key meeting to finalise proposed reforms at the scandal-plagued organisation.
Diageo gets assurance, Heineken may seek one, too.
The department gets data of high-value transactions under the Annual Information Return.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
ICDS is silent on the prudence aspect of accounting standards.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
'Given the past record, no one will be prosecuted, especially since the beneficiaries comprise the most powerful people in the country. They will pay a fine and be let off.'
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
Setting a new bench mark in transparency in politics, the Central Information Commission has held that political parties are answerable under the Right to Information Act.
In a disclosure to the markets, United Spirits has said it is awaiting information from UB Holdings for determining the treatment in the company's accounts of the loan together with applicable interest accrued until March 31, 2014.
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
The Act envisages that the states and Centre will formulate specific rules for real estate regulation.
Amendments will be tabled in Parliament for approval by Monday or Tuesday.
Loans to wilful defaults are said to be a little over Rs 1 lakh crore.
How the Aadhar card would be linked to income tax return is yet not clear
.jpg)
Banking as we know it will stand on its head in the next 10 years.
