The company received a fresh equity infusion in 2012-13.
Lack of consensus on 'how not to let Jignesh Shah get away' could become a huge embarrassment for the government.
A fleet of eight JF-17 Thunder fighter jets -- jointly made by the two countries -- will escort the Chinese president once his plane enters the Pakistani airspace.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
A new leadership is needed to replace the present culture of indifference.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
United Spirits had a tough time in recent past due to management related issues. Going ahead, corporate governance is a big challenge, say experts.
The government package for public sector banks, announced last Friday, has been welcomed by the stock market with the PSU banking index booking smart gains.
With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.
The meeting will be attended by all heads and EDs of public sector banks
Move comes as huge provisions for bad loans push loss to Rs 4,488 crore.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
Vadra launched Skylight Hospitality four months after the DLF shares got listed, amid complaints of inadequate disclosure from investor associations and former business partner Kimsuk Krishna Sinha.
The company's buy of Concur will strengthen its position in cloud computing
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
The new provisions strengthen the hands of minority shareholders and will improve corporate governance.
Curbing the federal deficit is the government's absolute priority on February 28.
Most analysts, who have long stopped covering UB stocks because of continuing troubles, were surprised to see a sudden spike of up to 20 per cent in their share prices on Tuesday.
But their reign has been tumultuous as the company has seen compelling battles for ownership.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
Constantly evolving rules and anomalies over tax treatment have constrained corporate programmes in the first year that the government's CSR mandate has been in force.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
The nomination of cluster heads for defence, infrastructure and finance business is awaited.
These are FM radio, uplinking news & current affairs, print media (news & current affairs), commodity exchanges, stock exchanges along with depositories and clearing corporation, power exchanges, petroleum & natural gas refining, insurance, defence production and private security agencies.
We still have time for this government to take action.
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
Move to improve transparency but make liquidity more difficult to come by
Adani Enterprises plans to invest a total of $25 billion in the next five years.
Key relaxations traced in final regulations.
He has drawn fresh strategies to take his businesses to the next level.
Sectors throw up a wishlist for the Finance Minister.
The project is awaiting clearances from the DGCA.
The government has provided a long-term vision.
Rafael Nadal has withdrawn from the Paris Masters ahead of the tournament's start on Monday for "personal reasons", the French Tennis Federation announced on Friday.
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.