In further retaliatory steps over the arrest of diplomat Devyani Khobragade, India has asked the United States to "discontinue" commercial activities being undertaken from its embassy premises in New Delhi by January 16.
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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 question may sound irrelevant, but several public sector banks seem to have a different view.
Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand.
India Inc is facing threat from non-traditional sources.
Experts suggest six ways to play stocks that tank suddenly and make money as Sanjay Kumar Singh listens in
'All governments try owning the message, but the Modi-Shah BJP has developed it into a fine art.'
Organisations are focusing on how they are going to be much more nimble, much more innovative and that is the ticket to success, Mark Goodburn tells Sangeeta Tanwar
'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.
In a further escalation of the confrontation between the Congress and the government, the opposition party claimed that a committee constituted by the Delhi government has found 'gross financial irregularities' in the DDCA during that period.
'I know most of the politicians in this country and I know how fair-weather friends they can be.' 'If they get defeated in elections, they will blame it upon something that cannot respond to their allegations like the EVMs.'
Vijay Mallya has lost control of his companies.
Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects.
As preparations for the Rio Olympics gather pace, India may be headed for yet another paltry medal haul.
An industry of scamsters is operating in the guise of call centres in India.
What is the National Herald case all about? Here's a ready reckoner.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
For the CBI, crimes are likely to become more innovative, complex, driven increasingly by technology and transcending geographical boundaries, says Anil Kumar Sinha.
Belgian-born Rich, whose trading group eventually became the global commodities powerhouse Glencore Xstrata, died in hospital from a stroke.
We lost the gains of Rio and Kyoto in Copenhagen and Paris, but it would have been worse, if any mandatory restraints were imposed on our green house gas emissions, says Ambassador T P Sreenivasan.
Congress leaders claim The Associated Journals Limited has 761 shareholders while the company shows more than 1,000
One solution to India's challenges of education, employment, employability lies in state governments adopting apprenticeships on a large scale.
Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.
The apex court's five-judge Constitution bench headed by Chief Justice Dipak Misra said Aadhaar is meant to help benefits reach the marginalised sections of the society and takes into account the dignity of people not only from personal but also from community point of view.
A glance back at some of the important ups and down Indian Inc faced in 2018.
'The danger today is that out of sheer fatigue and exasperation, the US might cut loose and exit from Afghanistan leaving it to the region to cope with the debris, which it is ill-equipped to handle,' says Ambassador M K Bhadrakumar.
The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.
In an attempt to acquire consumers, banks have been providing a lot of technology-enabled services, which used to be offered free.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Buying on the internet is the future but be wary of the fine print and make sure you get a genuine product.
The Sebi order is vindication of Sinha's stand, but it has not brought him much relief as his money is still stuck.
'Imagine how secure are our seaports and airports that 10,000 objects can leave every decade and our custodians are not even aware?' 'This kind of targeted looting when thieves pick and choose the best of Indian art and steal on an industrial basis will eventually impoverish our great land.'
Replying to a debate on Motion of Thanks on the President's Address which was adopted by the House later amid walkout by Congress, he replied point-by-point to the issues raised by the Opposition, including surgical strikes and allocations for Mahatma Gandhi National Rural Employment Guarantee Act, agriculture sector and for Scheduled Castes. Opposition had moved 190 amendments to the Motion which were negated.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
As a multi-agency probe continues in Saradha scam, findings of one official investigation suggests that the group floated at least 279 companies to channelise money collected from gullible investors as part of a vast 'ponzi' network.
A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA.
'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
Even Delhi does not have a full-time registrar of chits.