The development comes amid Japan's SoftBank booking an investment loss of 39.28 billion yen (USD 350 million) on its investments in India, including those in Ola and e-commerce company Snapdeal.
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
Tata Consultancy Services has surpassed Infosys to become India's most respected company.
Let's take a look at some of the most open companies.
What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.
If you want to grow in your career you should be open to learning, have problem solving skills and be a team player, says Shrutidhar Paliwal.
While the lack of squad-strengthening is causing consternation amongst the fans, Tottenham's squad is still young and looks more than capable of standing its ground.
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.
News of all that's transpired on and off the football field
The strike call is over privatisation, mergers, and also due to write-off of corporate NPAs, criminalisation of willful default
As front-runners for the CEO positions leave, speculation is rife that Infosys will have to look for a suitable candidate outside the company.
DLF Ltd on Friday said it was reviewing an order from the country's market regulator that fined the company and its top management $8.4 million.
The IL&FS management is also talking to its second-largest shareholder, Orix Corporation of Japan, to infuse more funds into the company - in case any shareholder backs out during the rights issue.
With the new entity coming in force, Bharti Airtel will lose the tag of India's biggest telecom service provider to the new entity.
Taking aggressive steps to turn around cash-strapped Air India in two years, government on Tuesday said a major revamp of its top management would be carried out in 30 days and there would be a partial divestment of the national carrier in the near future.
The RBI has cited corporate governance and regulatory issues for not extending Kapoor's term. Further, the lender has been directed to search for a successor.
Amazon has also signed a term sheet with Kishore Biyani-led Future group to invest $600 million to $700 million for a 12 to 15 per cent stake in the retail giant, it is learnt.
Bakshi said the attempt by McDonald's to terminate its agreement with him was illegal and not binding and would have no bearing on the shareholding pattern (the partners hold 50 per cent each), board composition (both sides have two nominees) or the working of the company.
The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
AirAsia India on Monday moved closer to getting off the ground by appointing S Ramadorai as its Chairman, ending months-long suspense and having in place the entire top management team.
He congratulated the company's management on its science and innovation platform.
This is the sixth consecutive markdown in the valuation of Flipkart by the US firm.
The Rs 5,600-crore (Rs 56 billion) NSEL scam could have been averted had its top management and other functionaries "performed their duties and exercised due diligence" to check the dubious activities of defaulting firms which have been alleged to have cheated numerous investors, investigation by Enforcement Directorate (ED) has revealed.
In contrast to the prospects for American B-school students, salaries for this year's graduates from top Indian MBA programs are up sharply
According to insiders, Chatterjee shares a good rapport in the group, as well as with bankers, thanks to the fact that he was instrumental in raising finances for Tata Steel's $12.1-billion Corus acquisition.
Bajaj blamed a 'few rotten eggs' for the strike.
The apparent reason for this bold step is SBI's concern over rising defaults on loans for such farm equipment. The additional trigger for this may have also been the SBI top management's assessment that defaults on farm equipment loans will only rise in the wake of the central government's announcement of the Rs 60,000 crore (Rs 600 billion) farm loan waiver scheme.
India remained the world's fastest growing domestic aviation market with 51 straight months of doubled-digit traffic growth but the woes of passengers as well as carriers manifested in myriad forms.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
Maruti Suzuki India has rejigged its management structure appointing five Indians in crucial decision-making positions.
PM raised the CEO salary issue couple of years back. RBI and Sebi, too, flagged it recently. Are companies really paying their CEOs more than their counterparts elsewhere?
Victory over Manchester United in Monday's Premier League clash would "put to bed" bitter memories of Liverpool's defeat to Jose Mourinho's Chelsea two years ago, midfielder Jordan Henderson has said.
Companies run till now by mostly their promoters are increasingly inducting professionals to head their teams.
Aircel executives said the company could offer value to big boys like Airtel or Jio as a low-end mobile services brand
In a major top management re-shuffle, Infosys on Saturday said it has re-appointed N R Narayana Murthy as executive chairman and additional director with immediate effect.
FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'
The Indian Institute of Science (IISc), Bangalore has been ranked at the top in the annual national rankings released by the HRD ministry.
Manufacturers said they expect the growth of manufacturing sector to be less than 7 per cent.
Industry minister hints at inviting Mistry to the upcoming annual industrial meet.
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