FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
Cairn joins a slew of multinational firms including Vodafone Group Plc and Royal Dutch Shell Plc that have been slapped with retrospective tax demands by Indian authorities.
Payments banks are niche banks which will be allowed to function with several restrictions.
Dalal Street is bullish on invest
Meeruthiya Gangsters is a decent attempt from a debutant director, says Nishi Tiwari.
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
According to sources, in a January 6 letter to the department of financial services under the finance ministry, LIC said it wanted to stop sponsoring LIC Nomura Mutual Fund, and might offer some of its stake in LIC Housing Finance to other shareholders.
The lawsuit seeks an injunction to stop the entire rule from going into effect.
With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.
RBI had received 72 applications for small finance bank licences.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
'Kim has once again shown astuteness and statesmanship by securing China's support precisely just when it matters most to him,' points out Ambassador M K Bhadrakumar.
Pak seeks US help to ease tensions with India.
Secretary Tillerson met with Foreign Secretary Jaishankar on Friday to discuss the US-India relationship and the agenda for Prime Minister Modi's meetings at the White House on June 26, a State Department spokesman said told PTI.
In the post Jayalalithaa Tamil Nadu, Sasikala is the person to be watched in the coming days, weeks and months, writes R Ramasubramanian.
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
CBEC has said a duty-free shop in a Customs area should not be treated as a warehouse.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
Sensex ends belowe 26,800 on domestic concerns.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
Sun Pharma's market capitalisation stood at Rs 100,050 crore on December 5, with its share price closing at Rs 417 a piece - lowest since March 2013.
A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country ranging from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur and Madhya Pradesh's Mandasaur and state capital Bhopal.
Sebi first began looking into the matter last month.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Markets closed in the red on domestic worries.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
Being a pragmatist Modi is not likely to give preference to China over Japan. Both security and economic aspects are likely to shape Modi's decision in terms of engaging the two biggest economies of Asia, says Sana Hashmi.
A federal jury on Monday convicted Susan Xiao-Ping Su, the founder of California-based Tri Valley University.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
The camaraderie between two leaders was on full display when they meet at the White House.
Congress chief spokesperson Randeep Surjewala released a list of 55 persons who lost their lives while standing in queues at banks and ATMs in the wake of demonetisation and demanded compensation to their families besides probe into their death.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
The breadth was neutral with 1,329 advances and 1,320 declines.
Import duty on PVC, at 7.5%, is far lower than that prevailing in comparable economies.
May include 'influencing a company's major policy decisions' in the current meaning.
The readouts by the Indian and Chinese sides on the meeting on Monday between External Affairs Minister Sushma Swaraj and her Chinese counterpart Wang Yi in Moscow bring out that divergences are crowding into the centrestage of their relationship, says Ambassador M K Bhadrakumar.
Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
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