Current FDI norms allow a foreign airline to hold up to 49 per cent in a domestic carrier.
Volkswagen said the 2-litre engines would get a software update.
Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
Could address the concerns over Companies Act provision on the issue
A government panel on Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.
Call rates to be reduced by 35%, text charges by 80%.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
The insurance sector is seeking clarity on the 'Indian management control' clause.
'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'
AirAsia may breakeven by June this year.
'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.' 'And this is precisely the cause for the mess,' says J N Gupta.
V Vaidyanathan, former executive director at ICICI Bank who turned entrepreneur to run Capital First, an NBFC that caters to smaller businesses, tells Pavan Lall in an exclusive interview that his new entity post the merger of Capital First and IDFC Bank which will be called IDFC First will launch by January and cater to a new India with value services.
Paisa Bazaar, which recently forayed into online mutual fund distribution, has come out with a 20-second video clip featuring Bollywood actor Akshay Kumar. The ad, which talks about the benefits of investing in direct plans, has already got 1.6 million views on YouTube.
The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.
The move assumes significance because a go-ahead from the US Food and Drug Administration for the new unit in Visakhapatnam is likely to give a huge boost to the company's revenues in upcoming quarters.
Kotak Mahindra Bank to have a 19.9% stake in the proposed banking venture.
Trai said the reports that compensation was not feasible were based on wrong inputs.
Pharma major Ranbaxy Laboratories has set aside Rs 257.4 crore (Rs 2.57 billion) towards the financial impact of a US ban on import of products made at its plant at Toansa.
Life insurers are launching these again. Invest if you are conservative.
NTPC to be the worst hit, stock slides to five-year low on announcement.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
Revenues, profit margins will be hit in the next one year, but more demand in the longer run.
TMC asks why the flight was made to hover in the sky despite reporting a fuel shortage.
Perhaps the way forward could be the introduction of uniform rating standards - on the lines of accounting standards for the accounting profession - with a separate regulating authority for enforcing those standards, says Sudipto Dey.
The time is ripe to accede to the founders' plea to declassify them as promoters.
Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.
'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.
Meanwhile, RBI Governor Raghuram Rajan said at the meeting that the central bank brass discussed strengthening the state- level coordination committees so that unauthorised deposit taking can be dealt with in a better way.
Laws in several states are inconsistent with the model Bill passed by Parliament.
This time food regulators found excess presence of ash content in Maggi
The protection to the driver's chest due to high chest compression was poor and the passenger's chest received weak protection
United Spirits had earlier forked out a loan of as much as Rs 1,350 crore to UB Holdings.
For deals to be investor-friendly in India, review of merger and acquisition law is a prerequisite.
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According to the regulator, a large number of complaints relate to calls or messages received by consumers on behalf of banks, insurance companies and builders.
Malcolm Frank, executive vice-president, strategy and marketing, Cognizant, in conversation with Shivani Shinde Nadhe & Ayan Pramanik.
While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.
The change in ownership is necessary to conform to the government's foreign direct investment norms in aviation.
DEA officials to push for this at a meeting with FM Jaitley.
With thousands of people receiving ransom messages from cybercriminals every day, Devangshu Dutta explains how you can defeat the hackers.
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