The Bill suggests an insolvency regulator.
Independent market analyst Ambareesh Baliga points out the red flags that retail investors should not have ignored and lists three scenarios -two of these scenarios offer a glimmer of hope to retail shareholders of Yes Bank - that could play out in the coming days.
'As he goes down, he will almost certainly drag a few others down with him.' 'Once the mutual mudslinging has died down, collateral damage will probably include more bankers than politicians, given the nature of how things work in India,' says T N Ninan.
2013 foreign currency non-resident deposits to mature in Sep-Nov
A bench headed by Chief Justice P Sathasivam said the issues raised in the plea need 'examination' and issued notice to the Centre, RBI, Central Board of Direct Taxes, the Institute of Chartered Accountants of India, PwC and the audit firms sharing its brand name.
Special CBI Judge Vinod Kumar allowed the probe agency to quiz Anand Joshi, who was arrested on Sunday from west Delhi, in its custody till May 20.
'Votes-for-notes no longer only means cash and goodies for fence-sitting voters,' points out Sunil Sethi.
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.
This is one of the rare orders by Sebi where it has barred a bluechip firm and its top promoter/executives.
The stock fell by 24.5 per cent to its 52-week low level of Rs 111.25 in opening trade at the BSE.
Jaitley assured that both the banking system and the government will make the resources available to them.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
Anti-conversion laws are needed since thrusting the idea of a competitive battlefield of religion onto India's pluralistic traditions can only lead to greater communal conflict, says Sankrant Sanu
The overall e-commerce opportunity in India and China is comparable, yet it's hard to see any single player in India emerging with Alibaba-like market share.
The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
Such platforms are good for novices, and help seasoned players test their investment strategies
It has been said that by 2025, India could become among the top five economies in the world. If India does become a $5 trillion economy but gets all its rivers polluted, food chain poisoned and genetic pool depleted and biometric database of Indians sold or stolen at the behest of commercial czars, will it not be a pyrrhic economic victory, asks Gopal Krishna.
Details were not immediately available ahead of a planned government briefing.
'But Russia is well aware of Pakistan's nuisance power on its border.'
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.
'In terms of growth rate, India is better than China.'
The court while granting bail to the duo also held that it does not find any possibility of the accused persons fleeing from justice and that their custodial interrogation was not required.
CCI investigation into predatory pricing likely
DIAL has filed four cases against Mallya over KFA's cheques totalling Rs 7.5 crore not being honoured.
New Delhi was reluctant to spook investors by clipping the bank's wings
Single window clearances for realty must.
This weakness is likely to continue in the near-term.
Switzerland has been making efforts to strengthen its bilateral cooperation with India .
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
Biggest ever share sale by any private or public sector co in India.
In addition to the attack helicopters, the contract also includes fire control radars; Hellfire Longbow missiles; stinger Block I-92H missiles; night vision sensors and inertial navigation systems.
The need to allow government shareholding in public sector banks to come down below 51 per cent
The growth of a credible, objective news media business in India requires political will and a belief in free speech.
'Chinese real GDP growth is 7.1% and India's is 7.4%'.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
The government has provided a long-term vision.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Tariff cap offers Ola relief in battle with Uber. Though it might hurt their earnings, Ola believes the Karnataka High Court's judgement levels the playing field with Uber.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
