New Delhi: India has overtaken China in terms of direct equity allocation by US investors, despite the overexposure within the emerging market that has slowly declined. A data was released by the US Treasury, which
Mumbai: Beleaguered industrialist Vijay Mallya on Wednesday announced he will retire as chairman of Sanofi India and will not seek reelection as a director of the drug maker. Mallya, who has been the chairman of
India is set to examine the possibility of selling up to 49 per cent of loss-making national carrier Air India, news agency NewsRise Financial reported today, citing an unnamed official.
Two internal notes by the IDBI Bank, which lent Rs 900 crore to beleaguered liquor baron Vijay Mallya in March 2009, indicate a marked difference in the bank’s stance on the grant of loan.
In order to create jobs on a large scale, India should emerge as an attractive destination for big manufacturing firms that are moving out of China because of rising wages and demographic transition, NITI Aayog Vice Chairman Arvind Panagariya said.
Raghuram Rajan for new global pact to deal with monetary policy issues
All set for a long weekend? Make sure you have your finances right lest the four-day-long bank holiday beginning Wednesday hits your plans. Banks in most parts of the country will remain shut in view of festivities.
So effective have some incentives been that companies making larger profits are now paying a lower rate of effective tax, reveals my analysis of national tax data over five years, specifically, the Statement of Revenue Impact of Tax Incentives under
Sebi widens Vijay Mallya probe, finds prima facie lapses
The government has now directed all government-owned banks to immediately invoke personal guarantees of promoter directors and reco
New Delhi: Soon after retracting the unpopular proposal to partially tax withdrawals, the government today once again invited heavy criticism by slashing the interest rates on Public Provident Fund (PPF) from 8.7 per cent to
The country's largest lender, SBI, today said it has raised Rs 3,000 crore on a private placement basis.
Pitching for more reforms, Finance Minister Arun Jaitley on Friday said the world no longer ridicules India of clocking 'Hindu rate of growth' and economic liberalisation has helped it grow at a faster pace.
Over Rs 1,500 cr spent on babus’ foreign tours in past 3 yrs: Government
Oil marketing companies have today raised the price of petrol by Rs 3.07 and that of diesel by Rs 1.90. The hiked prices will be applicable from midnight March 16/March 17.
India looks to double missile production to 100 per month
According to latest government data, foreign direct investments (FDI) into India grew by an impressive 29 per cent in the 15-month period ending December 2015.
Gold and jewellery establishments across the country remained closed for the 15th day today as traders are protesting the Budget proposal to levy 1 percent excise duty on non-silver jewellery.
Newspaper releases mail trail after Vijay Mallya denies giving interview
New Delhi: U.S. consumer health giant Procter & Gamble (P&G) has stopped the manufacture and sale of its cough-and-cold medicine Vicks Action 500 Extra, after regulators banned after the government banned fixed dose combination drugs.
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