'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
As many as 17 locations in Delhi, Mumbai, Hyderabad, Jaipur and Surat were raided by the ED.
Nandan Nilekani and his wife Rohini are trying to improve education across India.
Former Finance Minister P Chidambaram on Tuesday said letters written to British authorities on Lalit Modi case during UPA rule should be released as they will answer the former IPL Commissioner's accusations against him and Congress.
'She really doesn't care if she is called heartless.' 'For her, the job needs to be done. That's all that matters.'
Elections in Gujarat, Himachal Pradesh, Karnataka, Chhattisgarh, Madhya Pradesh and Rajasthan will see the BJP and Congress in direct contest.
Christian Michel's investigation in New Delhi has revealed nothing substantial, contrary to the expectations of the prime minister and the media hype. A fascinating excerpt from Raju Santhanam's The Untold Story of Christian Michel and Agustawestland.
Prequel to take you where no Star Trek has gone before.
Then came the electrifying climax of Tuesday's hearing. Pasbola showed Sharma copies of cheques that had been deposited at the bank with Indrani's signature on them. He accused Sharma of forging Indrani's signature and collecting the money for herself. In the back Indrani stood up in the accused box and very pointedly nodded her head up and down and mouthed, "She did!".
The unfolding scenario has thrown up doubts in the minds of people whether the government will be able to complete its tenure.
"Who will be his men?" a distinguished official close to the prime minister asked. Frankly, nobody has an idea. Hardly seven weeks are left for a regime change, but the idea of Narendra Modi on Raisina Hill looks abnormal, if not unreal. Rediff.com's Sheela Bhatt captures the uncertain mood in the capital's bureaucracy ahead of the largest democratic transfer of power in the world.
Rediff readers share their Cash Crisis experiences.
Mr Modi, it came across, did not want to be seen as favouring any one business group.
'15, 17 years back we were not even in existence in the US. Today nearly 1/3 of prescriptions written comes from India.' 'India is showing that in a very competitive environment -- like the US and Europe -- our industry is doing very well.'
'With folded hands, on humanitarian grounds, if she can get temporary bail on medical grounds so she can get treatment.' 'If she dies, the whole trial gets derailed.'
Executives would analyse information and pass it to seniors.
The AgustaWestland issue was fiercely debated in the Rajya Sabha on Wednesday with members of the Bharatiya Janata Party and Congress blaming each other.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
'Modi's more than dozen interviews are helping him fine-tune the rough edges of his campaign. He is trying to influence floating voters, undecided voters, non-committal and caste-neutral voters into deciding whether to go for the Lotus or not. These could have been Congress voters, but its divided house, torn between the old guard and Rahul Gandhi, seems to have got completely confused.' Rediff.com's Sheela Bhatt lists what the Congress did wrong to find itself in such a sorry mess today.
'The Congress is unsure of emerging as the single largest party or group on May 16. In such a scenario, they do not wish to accord a loser tag to the young Gandhi... The Congress feels Rahul's projection as a prime ministerial nominee in 2014 would come in the way of the formation of an alternative, non-BJP government...' Rediff.com's Sheela Bhatt explains how the transition of power within the Congress is making the party vulnerable.
Hyderabad-based Anshul Sinha is making hard hitting films on important social issues, but there are no takers.
L K Advani's observation on Narendra Modi, an attempt to cut the BJP's prime ministerial nominee down to size, billing him a mere event manager like Vijay Raaz in Mira Nair's film Monsoon Wedding, speaks volumes about their differences... In the coming days, the Congress and BJP may lock horns over the AgustaWestland chopper deal. In an Italian court, Guido Haschke, one of the accused middlemen who allegedly bribed the Indian side, has sought a plea bargain to reduce his jail term if convicted. On or around April 11, we will know how much Haschke is ready to reveal. Rediff.com's Sheela Bhatt detects which way the political wind is blowing these days.
