According to the source, Ajay Singh, chairman and managing director for SpiceJet, will have controlling stake in NDTV of around 40 per cent and the promoters of NDTV - Prannoy Roy and Radhika Roy - will hold around 20 per cent in NDTV.
"As far as Aadhaar data is concerned, it is completely encrypted and the Aadhaar Act is very particular that it cannot be revealed for any unauthorised purposes," said Prasad.
Sebi on Monday may also look to approve a proposal where a REIT or InvIT can raise debt capital by issuing bonds. Sebi is also expected to do away with the mandatory requirement for a REIT to hold at least two projects.
Proposal on recommendation of management consulting firm Oliver Wyman
For Prabhu, there are several challenges ahead, including the task of making headway in negotiating free trade deals with China, Japan and Australia at a time when countries around the world, including US, are turning hostile towards free trade.
With a strong presence in the low-ticket housing category through its flagship company DHFL, WGC is well-positioned to benefit from the government’s affordable housing push as the segment is witnessing fast growth rate of around 35 per cent, he said.
Global oil prices are half 2014 levels, the rupee has been largely neutral against the dollar, but the prices of petrol and diesel — which change ‘dynamically’ on a daily basis — continue to be the highest in nearly 3 years. The Indian Express explain why
Ravi Shankar Prasad also warned all companies dealing with data and said that if any data of an individual is released by name without his or her specific consent, the companies will have to suffer serious consequences.
Crash bars are more dangerous than conventional bumpers and radiator grilles, which are built to crumple on impact while crash bars do not, transmitting the full force of an impact to the occupant of the vehicle as well as other road users such as pedestrians or bikers.
A scrutiny of bills showed the cutback in stent costs had been offset by an increase in the cost of other components needed for the procedure, including balloons and catheters.
During his term India signed Memorandum of Understanding (MoU) with Qatar for cooperation in Skill Development and recognition of qualifications to facilitate workforce mobility, skill development and placement of youth in overseas jobs in Qatar.
Significantly, Nandan Nilekani had kept himself out of the boardroom battle between co-founder N R Narayana Murthy and the management and board of Infosys that played out over the last six months, often spilling into the public.
Of the total, 162 actively traded companies’ financials show that several firms on the Sebi list have operational businesses and have been reporting quarterly revenues and profits on a regular basis
As Vishal Sikka announced his resignation as CEO of Infosys, blaming “increasingly personal attacks”, industry experts say he had led the company to outperform its peers on the very parameter that Murthy had listed six years ago — net income margins.
Lok Sabha records scrutinised by The Indian Express show that Yogi Adityanath, in his capacity as local MP, has raised the issue of children dying in Gorakhpur at least 20 times between the years 2003 and 2014.
‘Instead of having an exit barrier, Sebi should have brought in an entry barrier so that retail investors are not influenced into investing in such firms’
Doklam standoff: The investment exposure of Chinese companies in India over the last 17 years, which remains limited to a cumulative FDI inflow of $1.63 billion (Rs 10,094 crore) as on July 31, 2017, shows a notable rise in Chinese business interest over the last three years.
If the inflation targets are met, you will not see any interest rate hike. If inflation turns out to be lower than what it is projected right now, that might open up a chance for rate cut. However, if inflation goes up faster than expected, we could even see a rate hike. But this is a very low probability event. Going ahead, the monetary policy will be data-driven and react to the direction in which the data move”
An economic expert in Srinagar said that the unrest since the middle of 2016 appears to have had a bigger impact as it followed the 2014 floods, which made a severe dent on the state’s economy.
Government data show that while the value of attached properties is Rs 813 crore, those attached in Kolkata region alone accounted for Rs 477 crore or more than 58 per cent of the value of benami properties under provisional attachment.
While Gujarat comes on top in terms of providing placement through exchanges, it isn’t the top state when it comes to the number of job-seekers. That’s Tamil Nadu with more than 80 lakh registrations with employment exchanges in first nine months of 2015, as against Gujarat which had only 6.88 lakh registrations.
Chief executive officer of the Noida Authority, Amit Mohan Prasad, said that the city would soon have a processing plan for construction waste.
Local authority scouting for a location to set up the hub that would also cater to the demands of adjoining states.
J N Gupta, co-founder and managing director of proxy advisory firm Stakeholders Empowerment Services, said that a closer look at the deal between ONGC and HPCL shows that the transaction is not exempt from the takeover code.
Experts say while GST, prospects of lower inflation and softer interest rates will favour a growth in equity markets, any correction might be just a stock-specific and not broad-based
AMIT MOHAN PRASAD, senior bureaucrat and chief executive officer of the Noida Authority, told Indian Express that the Authority has roped in banks, consultants and has also facilitated project settlement policy to help break the logjam and address the concerns of homebuyers.
On July 1, at the ICAI event, the PM said that while transactions of more than 3 lakh companies were under the radar of suspicion post demonetisation, he said that “one lakh companies were struck off the list by the stroke of a pen.
Those in favour of imposing a lock-in period say it is creating unnecessary churn within the industry, with the beneficiaries being agents and brokers who earn a fee on the same.
The recent spurt in IPO listings has given retail investors a variety of choices, but experts suggest them to be selective and not lose focus on listed stocks
The move to switch to Ola cabs, aimed at reducing financial costs and enhancing operational efficiency, is expected to be replicated by other power sector PSUs, such as National Thermal Power Corporation (NTPC) Limited and Rural Electrification Corporation (REC) Limited.
Since June 16, prices of petrol and diesel are being revised every day; The Indian Express explains how the new mechanism works, what it aims to achieve, and how it has affected prices so far.
"While RERA will bring in a lot of changes, I would like to see some improvement in the frequent regulatory changes. Even the approval procedure needs to be simpler, transparent and faster. That is one area I hope will improve with a proactive and forward looking government."
Sahoo said that there is a thinking within the government to increase the number of benches and there is also a possibility that they may have dedicated benches for insolvency cases.
Steep fall in inflation in May driven primarily by easing of prices of pulses and vegetables, and continues a downward trend of the last three years; there’s no certainty about if and when it will climb. The Indian Express explains.
Over the last three years, the company's market capitalisation — at Rs 2,25,079 crore — has jumped nearly four times from Rs 57,939 crore at the end of April 2014.
Consumption growth in India has remained strong; if monsoon turns out good, rural demand will further get impetus, leading to higher consumption demand