The government is weighing multiple options to raise money from Air India, going beyond the recommendation to take over Rs 30,000-crore debt...
The Enforcement Directorate (ED) has said that liquor baron Vijay Mallya laundered over Rs 1,300 crore through 13 shell companies in US,...
Reserve Bank of India (RBI) Governor Urjit Patel will appear before the Parliamentary panel on Wednesday to respond to clarifications demanded by...
A Parliamentary panel has sought details from the government on giving in principal approval to its divest stake in Air India even...
A court in Mumbai has initiated process against industrialists Cyrus P Mistry, Shapoor Mistry and others in a Rs 500 crore criminal...
More than 48 lakh central government employees will start getting HRA (House Rent Allowance) hike in range of 106 percent to 157...
Amidst roll out of the Goods and Services Tax (GST), Narendra Modi addressed a huge number of Charter Accountants on the occasion...
Ahead of the historic rollout of the Goods and Service Tax (GST) that is scheduled to take effect from midnight, Union Information...
With just 4-days left for GST rollout, the government has deferred implementation of TDS and TCS provisions as well as exempt...
US defence giant Lockheed Martin and India’s Tata group signed an agreement on Monday to jointly build the F-16 Block 70 fighter...
The economy drives the nation forward. Business is the key for any nation . The country’s GDP growth, the value of its currency, monetary policy, budget are key elements that take this change / challenge forward. And gives direction which way the country is heading to be on par with the rest of the developing nations. Or what it needs to achieve the status of a super power.
The Business section looks at the deals, meetings, collaborations, ratings, Stock markets and the big players. The news makers in the business arena – the tycoons their goals, targets, partnerships, in various fields like coal, mining, aviation, thermal, power, defence , and host of like ports, airports.
News of disinvestment in various sectors like aviation, banks, retail , to the outreach to the farmers, traders, industry.
The tab on the global export , import , financial deals among others. If that is not all the section also looks at the other side too with incisive details like – recession, Economic slowdown among other things.
The presence of big money also raises the temptation to deceit . The corporate scandals like that of Vijay Mallya, Nirav Modi, Mehul Choksi, Rana Kapoor ( Yes Bank) , Anil Amban’s slide in fortunes, Mukesh Ambani’s rise or the matter Gautam Adani’s foray in various fields get a look in.
Some of the most dramatic falls in recent times has been that of flamboyant tycoons like the once King of Good Times Vijay Mallya, now awaiting extradition, the fall of Nirav Modi now in UK jail in connection with the PNB scam has brought to the fore the mismanagement of the corporate as well as the role of the banks who tend to bow to the high and might on token value and give them loans in crores while the other/ ordinary people are made to go through the grind and face strict penalty when loans are not p[aid back in time.
Economic reforms do get a comparison what it was in between the current regime at the Centre and the previous one. Has it been able to meet the aspirations of the people as promised by the party at the Centre when it was voted to power by the people are the key questions that needs honest answers.
The impact of GST, Demonetisation, and what lies ahead for India’s national carrier Air India ( now it is ready for disinvestment) are some of the issues that will be followed and relentlessly covered in the days ahead. So that one gets the pat picture of the business scene and find out who all are the movers and shakers.