As Jagan's property attachment came on the day the poll dates were announced, the YSR chief and his supporters refuse to buy the Enforcement Directorate's claim that it was a mere coincidence. Vicky Nanjappa reports.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Rajat Gupta's lawyer Rishi Bhandari said suit was filed in order to ensure that there was a designee on the board.
'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
The prime minister also praised the Dawoodi Bohras, a sect within Shia Islam known for their trading and business acumen, for their efforts in making the Swachh Bharat Abhiyan a success.
Here's the full text of the statement
Experts suggest six ways to play stocks that tank suddenly and make money as Sanjay Kumar Singh listens in
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
As all regulators are part of it, individuals don't need to worry about approaching the right authority
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.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Gold loans are a quick, easy and low-cost way to meet your immediate and emergency financing needs, but do ensure that you entrust your gold in safe hands after thorough due diligence, suggests Gaurav Gupta, founder and CEO, MyLoanCare.in.
'I have been most pained at being painted as an absconder'.
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
A common factor that binds all these men is greed.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
The project is awaiting clearances from the DGCA.
Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
A glance back at some of the important ups and down Indian Inc faced in 2018.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
The central probe agency has also issued a notice asking general public 'to furnish information and particulars of properties, both movable and immovable as well as bank accounts, in the state of West Bengal and other places, if any, related to Saradha group known to them, with specific details' to it.
The very design of the GST will bring in revenue buoyancy.
The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.
He will now have to submit to the two-year jail term handed down to him.
Completing its over a-year-long probe into Saradha scam, the Serious Fraud Investigation Office (SFIO) has submitted its final investigation report to the government, which may soon start prosecution proceedings for numerous serious violations found during investigations.
Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Bharti will move FIPB soon for increasing Axa's stake to 49%
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
While RBI is yet to come out with a clear regulatory framework for bitcoins, which have been gaining currency across the world over the past few months, it has issued an advisory cautioning general public against use of bitcoins and other virtual currencies.
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Penalties for undisclosed foreign income and assets extend up to 300%.
The Sebi order is vindication of Sinha's stand, but it has not brought him much relief as his money is still stuck.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.