The GDP growth data released on Monday reveals that in the quarter ended September 2015, the growth in construction sector slowed to 2.6 per cent, down from 8.7 per cent in Q2 FY15.
As per the trading guidelines, the seller needs to pay to the government licence fee and spectrum usage charge amounting to 13 per cent of the amount received.
The current fiscal started with a backlog of Rs 40,000 crore as arrears from previous years.
Public funding will account for less than a fifth of the Rs 5 lakh cr needed for the mission.
Nandan Nilekani needs no more awards to feel his lifetime’s work has been appreciated — he’s won a bunch of them and must treasure, above all, the Joseph Schumpeter Prize that was awarded to him in 2005 for innovative services in economy, economic sciences in politics. That recognition was particularly prescient as just a few […]
According to Chanda Kochhar, MD and CEO, ICICI Bank, as the impact of policy measures taken so far play out in terms of bank funding costs, lending rates are expected to continue to moderate.
More of the problem is with public sector banks because they were into infrastructure investment.
We have ... an economy which is well and truly in recovery: Raghuram Rajan
The advantage for smaller players has also come primarily on account of the recent change in rules for spectrum trading.
Aim of a new policy is to improve capital access, encourage innovation and urge states to act as incubators for ‘innovative start-ups’.
The Safe Move traffic safety campaign will educate children on traffic safety and will engage through both online and offline channels.
A recent ARAI report had alleged that Volkswagen was polluting the environment by selling vehicles which produce nitrogen oxide nine times higher than the prescribed limit.
This is a win-win situation for Railways, Bihar, the country & Make in India: FM
Currently, the firm’s annual capex is around Rs 16,000 crore, which would go up to Rs 20,000 crore.
The Sebi board, stipulated that 51 per cent stake in a stock exchange should be held by shareholders in the public category and the stake of brokers and their agents should not exceed 49 per cent.
The RBI said a more liberal approach will be taken “for Indian rupee (INR) denominated ECBs where the currency risk is borne by the lender.
The agreements have been signed ahead of Japan’s Prime Minister Shinzo Abe scheduled visit to India in December.
According to the CCF unit report, there is a big credibility gap in the report. The CCF report also sought an independent, third-party verification.
Till November, the value of M&A deals, which typically law firms advise on, was $29.6 billion compared with $37.4 billion in the whole of 2014, according to Thomson Reuters data.
UBS has forecast 75 bps cuts (25 bps by end-FY16, 50 bps in FY17) versus no cuts expected by the Street over the same period.
Committee is likely to have 6 members; 3 from RBI and 3 from government.
This comes at a time when pressure is mounting on insurers to invest in Tier-I bonds of banks and some insurers are sitting on huge losses arising from their equity investments in banks.
“The Tatas are present here with Tata Metaliks, Tata Hitachi and TCS. No other company in the state has such large presence in terms of manpower,” said Mitra.
The scheme, which was launched by Prime Minister Narendra Modi earlier this month, garnered only 400 grams of physical gold of the over 20,000 tonnes worth gold lying idle in the country.
The RBI move is expected to give an exit to existing investors and also help in reducing the level of stress in the banking sector.
Nyaya Bharti, which will be run under Bharti Foundation, is likely to be operational by April 2016.
Out of a total of 18,123 card related complaints, 10,651 complaints were pertaining to ATM/debit cards (12.51 per cent of complaints received).
In August, PM Narendra Modi in his Independence Day speech had given a call for “Start-up India, Stand up India” to encourage innovation and increase employment for the youth.
Option open: Doing away with extra 1% levy on manufacturing states for 2 years.
Most of the projects are for ensuring universal water supply and sewage connections, since the mission focuses primarily on these two areas.
Bansal will be part of Ola’s core leadership team and will join the company in January, 2016. Mitesh Shah, who is currently the CFO, will lead strategic finance initiatives as part of Bansal’s team.
The Cabinet had last week approved 10 per cent stake sale in Coal India. As many as seven merchant bankers had bid for managing the disinvestment of Coal India.
Operators say they will urge Trai not to auction the 700 MHz band now.
The US Food and Drug Administration was not satisfied despite Dr Reddy's sending responses nine times from December 15, 2014, to September 15, 2015.
Both the (real) net export contribution to growth and productivity growth have stalled since the global financial crisis, the report said.
India reported highest cases of corruption (25%), regulatory breach (20%) and IP theft (15%). India also ties for the highest national level of money laundering (8%).