Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
FMCG has been behaving unlike a defensive category in recent quarters.
The proxy advisory firm's latest comments come within days of Maruti saying that it expects to save about Rs 10,500 crore (Rs 105 billion) in the first 15 years by not investing in the Gujarat facility.
Rajan said it is hard to offer an objective self-assessment but the RBI should probably have raised more flags about the quality of lending in the early days of banking exuberance.
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
Sensex under pressure as Yellen signals rate hike; banking stock slip.
People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
One thing is certain: Demonetisation has broken the back of terror funding, says Colonel Anil A Athale.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
In 2012, private equity investments touched $7.5 billion.
In terms of value, this translates into more than Rs 300 crore (Rs 3 billion) of delivered quantity.
'If an election promise has to be credible, silence on practical questions doesn't help matters,' notes T N Ninan.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
Sebi imposed trading restrictions on 33 entities.
The GST bill's draft says tax would be levied on Maximum Retail Price
Jet Airways Chairman Naresh Goyal will purchase over one per cent stake in the airline from another promoter entity, Tail Winds, for up to Rs 45 crore (Rs 450 million).
"The window (for NRIs) is open till June 30 in which people can deposit cash. And after adding all these, we will give out the number," Mundra said.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
A rising number of Greeks in rural areas are swapping goods and services in cashless transactions.
In a hard-hitting editorial, the US daily further stated that while 'many Indians have said that they are willing to tolerate some pain, their patience won't last if the cash crunch continues'.
Online retail is increasing market share rapidly.
Two individuals filed the petition in the high court of Andhra Pradesh
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
E-commerce has become a success in China as it overtook the US as the world largest online retail market.
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
The industry was expecting to sell 3 million passenger vehicles for the first time in 2016-17, but now it seems a moot possibility.
While some are relatively new in this business, Vodafone, which has 1.8 million touch points in the country, has been offering basic banking and payment services through its pre-paid mobile digital semi-closed wallet called M-Pesa since 2012.
Vistara has expanded its network of agents.
The fund house says it is doing this to protect the interests of existing investors.
Sebi's main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were "illegal".
With the demand for lower costs in process driven activities and a move away from the high rate, billable hours of legal services, AI platforms are being used internationally in many legal tasks.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.
If prices remain low the next decade might well see global trade stagnate.
Analysts say aggressive pricing by Pizza Hut signals weakening demand in the fast food segment and could intensify competition.
Much of the rise in prices has been in food items
It's not easy to ignore the newspaper ads with Diwali offers.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
