Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term.
Tax Guru Anil Rego answers your personal income tax queries
The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.
The Vadodara court has accepted a memorandum signed by 23 members of the Gaekwad royal family to end their feud of 23 years
Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.
Criticising various provisions in the proposed GST regime, Moily said it will be a "technological nightmare" and the anti-profiteering provisions in it are "far too draconian."
The call to make brand ambassadors accountable has rattled filmstars and sports stars.
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The anger against land acquisition is not only among landowners.
What's the mantra for reviving ghost malls? Most important, a right mix of products. They also need to transform into community spaces.
The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
The new norms also seek to ensure that sufficient safeguards are put in place to avoid any misuse of its new powers and the required privacy of individuals is granted while conducting search and seizure operations.
Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
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Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.
He said land is required for rural roads, irrigation, electrification.
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?
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
The government has changed arbitration laws, amended some 'provisions' of the Companies Act.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
What is the National Herald case all about? Here's a ready reckoner.
A minor fix in tax laws can make start-ups bloom, says Ajit Balakrishnan.
A minor fix in tax laws can make start-ups bloom, says Ajit Balakrishnan.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
Automation, artificial intelligence, cryptocurrency and virtual reality would demand more jobs.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
A look at the financials of some of the key companies in the Sasikala clan's business empire.
As part of their deal Diageo agreed to pay Mallya, $75 million for stepping down as chairman of United Spirits and for entering into a non-compete pact
The 51-year-old televangelist, who is currently abroad, is being probed under terror and money-laundering charges by the NIA.
After Narendra Modi's exit from state politics, the BJP and Hindutva forces are falling back on communal politics, says Vinay Umarji
Your vote now is going to decide whether India fixes itself and becomes a vibrant democracy, or a failed State like the ones in our neighbourhood, says Dasarathi G V.
The SIT on black money has widened its probe.
The Modi administration has been unable to initiate key reforms.
As the 35-year-old IAS officer D K Ravi's death rocked the Assembly with public pressure also building up for a CBI probe, Chief Minister Siddaramaiah said the Crime Investigation Department would probe the case to unravel the "truth" -- whether it was a suicide or murder or due to "some other" reasons.
'In a gang, the person who controls the finances is the most important key person.' 'Cut the finances of a gang and it will vanish.'
Clinton and her campaign pressed America's top cop, FBI Director James Comey, to put out the "full and complete facts" about a renewed probe into a cache of recently discovered emails, as the development emboldened Republican rival Donald Trump to seize on to the reignited controversy.
Regulating the internet only as a medium is somewhat similar to regulating electricity only as a driver of the TV industry
Private investment will respond only to sustainable reform.
Many likely to be in trouble if restive consumers also petition the courts.
'Today, moviegoers are in the 13 to 33 age bracket.' 'If people like us have to remain relevant, we have to make movies that cater to them,'
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