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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Aditya Aluminium project ready but clearances still stuck for mine
'We will continue to ask why Modi and his government were benefactors to this AgustaWestland company, why within 40 days they overturned the ban?'
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
Transcript of the political resolution adopted by the Bharatiya Janata Party in its national executive meeting in Panaji, Goa on Sunday.
Keeping up the attack on Priyanka Gandhi, Narendra Modi gave another spin to her neech rajniti comments, saying that those allowing foodgrains to rot and the ones responsible for the Commonwealth Games scam were the ones indulging in neech rajniti.
Forty-five cows, 20 calves and a double barrel gun with 50 cartridges are among the possessions of former Bihar Chief Minister Rabri Devi who is contesting the Lok Sabha polls as a Rashtriya Janata Dal candidate from Saran constituency.
CBI sources said the shell companies were allegedly being used by the suspects to divert loan funds meant for specified purposes, creating fake invoices, and 'round-tripping' of funds to evade taxes and generate black money.
A Delhi court on Saturday issued fresh summons to Reliance ADA Group Chairman Anil Ambani and his wife Tina Ambani to appear as prosecution witnesses before it next month in the 2G spectrum allocation case.
Interview with V Balakrishnan, Former CFO and board member of Infosys and AAP leader
A preliminary report on the investigations is likely to be submitted soon by SFIO, but the final report may take little longer, Corporate Affairs Minister Sachin Pilot said.
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The Union Cabinet on Wednesday had approved the proposal to amend the Sebi Act and other relevant regulations that would give greater powers to the regulator in its efforts to tackle all kinds of money-collection schemes, as also to effectively crackdown on defaulters in the stock markets.
A Russian medallist at the Pyeongchang Winter Olympics is suspected of having tested positive for a banned substance, a source at the Games said on Sunday, in a potential major blow to Russia's efforts to emerge from a drug-cheating scandal.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.
The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.
Government claims big successes in agriculture, rural roads & investment scenario.
Rajini's call may now force other political parties, including the DMK and the Congress, who are in alliance talks already, to come up with water proposals of their own in their poll manifesto. In a way, this may be a 'tactical victory' for Rajinikanth, says N Sathiya Moorthy.
In the interview to Business Standard last week, Chary had stated that the government's proposal to merge was unwarranted and that FTIL shareholders did not benefit from higher dividends from NSEL.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
Now, the Delhi high court will hear the matter on January 18.
When it comes wildlife, stock market investors can immediately identify with bulls and bears. But there are other animals in the stock market jungle too.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
From a longer term perspective an improvement in economic environment is necessary for a rise in inbound deals.
JSPL is under CBI lens for giving wrong information about its land, water supply and previous allocations to get coal block in Jan 2008.
A Delhi court on Saturday sent former Air Force Chief S P Tyagi, arrested in Rs 450 crore Agusta Westland bribery case in procurement of 12 VVIP helicopters, to police custody for four days after the CBI said he was needed to be quizzed to unearth a "very large conspiracy having international ramifications".
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
Contentious issues such as the construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the Bharatiya Janata Party's election manifesto with the party making promises on them.
Despite Sebi passing at least four orders against deposit-taking entities in the past year alone, the business seems unscathed
Commerce and Industry Minister Anand Sharma on Wednesday appeared to share industry's concerns over naming Kumar Mangalam Birla in an FIR in coal scam case saying it was unfortunate and could raise questions over investor confidence in the country.
Modi is practical person... If he comes in, he will revive the economy and create jobs, says Sanjay Suri.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
The crisis-ridden Rajasthan Royals and its under-fire co-owner Raj Kundra's future hangs in balance as the BCCI's Emergent Working Committee meets in New Delhi on Monday to deliberate on the IPL spot-fixing and betting scam and take action, if required.
Mamata Banerjee was on Friday sworn in as the chief minister of West Bengal for the second consecutive time, heading a 42-member ministry.
Highlights from PM Modi's Mathura speech to mark one year in power.
A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth.
Performance is considered a major reason why Ravi Shankar Prasad might have had to leave telecom.
He said the NDA's work culture was different from that of the previous governments.
Here are 15 things that would have made 2015 a great year.
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