Dear Fellow Shareholders, At the outset, let me thank each of you for attending this call to hear what I have to say. Also, I
Day: August 30, 2017
SBI: Consolidation of PSU banks remains a work-in-progress–Economic Times–30.08.2017
It was in the budget speech on February 28, 2005 that consolidation of Indian banking industry was probably put forth for the first time by
reserve bank of india: RBI cracks whip on 50 more defaulters having Rs 2 lakh crore outstanding–Economic Times–30.08.2017
The Reserve Bank of India (RBI) has directed banks to refer as many as 50 dud accounts to bankruptcy court if they are unable to
IT returns: I-T lens on individuals who earn Rs 5-lakh interest on FDs–Economic Times–30.08.2017
Income tax authorities have now turned their attention to thousands of individuals who have high interest income from fixed deposits but are probably not paying
Rights of homebuyers under Insolvency Code need clarity–Economic Times–30.08.2017
The Insolvency and Bankruptcy Board of India has recently amended regulations to declare homebuyers of beleaguered real estate companies as financial creditors. Such homebuyers can
MSMEs form backbone of industrial landscape: Kant–Economic Times–30.08.2017
The importance of the MSME sector cannot be underestimated as it forms the backbone of the industrial landscape of the country, a senior CII functionary
With no prior experience in business, these 12 homemakers became millionaires; here is the story of their success – The Financial Express–30.08.2017
The women featured in ‘Millionaire Housewives: From Homemakers to Wealth Creators’ are diverse (Reuters) Stories of 12 homemakers who, in spite of having no prior
Job creation is government’s top priority, labour reforms underway, says Bandaru Dattatreya – The Financial Express–30.08.2017
Union Labour Minister Bandaru Dattatreya today said job creation is the government’s “top priority” and labour reforms now underway by amalgamating 44 central laws into
RBI asks banks to stick to December deadline for insolvency | Business Standard News–30.08.2017
RBI said the top 12 accounts, having an exposure of at least Rs 5,000 crore each, should be referred for bankruptcy proceedings The Reserve Bank
New judge, old wish list | Business Standard Editorials–30.08.2017
Fourteen months do not seem like a long time to helm an institution as challenging and complex as the Supreme Court, but the new Chief
Correction likely in cement, steel firms’ stocks | Business Standard Column–30.08.2017
Steel and cement demand usually rises in tandem. Both are essential construction materials and the demand is essentially driven by construction activity. Both are also
Bitcoin price crosses Rs 3 lakh mark in India | Business Standard News–30.08.2017
The value of bitcoin, a leading crypto currency, crossed the Rs 3-lakh mark on the Indian exchanges on Tuesday. At present the price quoted on
Reformist push | Business Standard Editorials–30.08.2017
The National Institution for Transforming India, or NITI Aayog, has released its Three-Year Action Agenda for the years 2017-18 to 2019-20. The Agenda is meant
A new agenda for NITI Aayog | Business Standard Column–30.08.2017
The National Institution for Transforming India or NITI Aayog will have a new vice-chairman from September 1. As he takes charge, it is only appropriate
Number of wilful defaulters continues to rise steadily | Business Line–30.08.2017
This is despite banks’ cautious approach and the ongoing clean-up of accounts Even as the Centre and the RBI have been pushing forth quick resolution
Teething troubles | Business Line–30.08.2017
Revising GST returns should be permitted “Can I pay excess amount of tax in relation to the amount in my liability ledger to avoid penalty
Who’s reading inflation right? | Business Line–30.08.2017
RBI’s surveys have been questioned by the Centre and an MPC member who believe that there’s a structural shift in inflation Ever since the Reserve
Don’t criminalise marital rape, may disturb institution of marriage: Government | The Indian Express–30.08.2017
Section 375 of the IPC dealing with rape makes an exception for such instances within marriages and holds that “sexual intercourse by a man with
Jaypee insolvency: Indian real estate’s boom-to-bust story has lessons for all | opinion | Hindustan Times–30.08.2017
On August 9, the Insolvency and Bankruptcy Court (IBC) got its first candidate from the housing sector – Jaypee Infratech Limited. Up until then, few
Another cyber attack? Spyware targeting India, Pakistan identified | tech | Hindustan Times–30.08.2017
According to Symantec, governments and militaries with operations in South Asia and interests in regional security issues would likely be at risk from the malware.(Benjamin