The RBI had warned that any user, holder, investor and trader dealing with virtual currencies would be doing so at his or her own risk.
While the case may have been stalled due to political pressure, SEBI’s decision shows that Reliance should have acted in a more even-handed manner.
The extradition request has been certified by Britain’s secretary of state and will not be sent to a district judge for consideration.
From mandatory Aadhaar and compromised tribunals to opaque political funding, this year’s Finance Bill has it all.
This week’s $23 billion tie-up between Idea Cellular, controlled by the Aditya Birla Group, and the Indian business of Vodafone Group, is the latest example of a trend that is squeezing major international investment banks.
A penalty of equal amount would be levied in case of any violation of the provision, revenue secretary Hasmukh Adhia tweeted after the amendment was moved.
Radhakishan Damani’s retail chain gives its customers less, makes more than its rivals and just had a spectacular trading debut.
What if their grievances could be addressed under the Consumer Protection Act and the new Consumer Protection Bill?
The combined Vodafone-Idea group will be India’s largest telecom operation with almost 400 million customers, or 35% market share.
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Agarwal, who has majority control of Hindustan Zinc Ltd through Vedanta Ltd, will make the investment via his family trust Volcan Holdings.
Defence team says union leaders were booked on the basis of planted evidence and that they will challenge the decision in Chandigarh high court.
UPI was downloaded more than 17 million times within two months of launching, and transaction values jumped 18 times between November and January.
The cryptocurrency is now starting to challenge gold as the investment of choice.
To be viable, the nuclear reactors must be ring-fenced from a financial crisis at the US reactor maker and its Japanese parent Toshiba Corp.
While online taxi companies may simply be reproducing old exploitative structures, the question that seems to have been forgotten is: What kind of public and private transportation system does India want?
While the bank has denied rumours of a potential merger, what issues need to be considered? The bank’s operations and the state of its loans needs to be minutely examined.
J.S. Deepak’s transfer may have been prompted by his conflict with Reliance Jio and TRAI and reflects poorly on an already controversial, crony capitalism-prone sector.
Sharp estimate revisions, channel stuffing and the hypothetical schism between formal and informal sector growth. What makes sense, what doesn’t and what is perhaps slightly questionable?
A DGCA official said that the problems with the engines are a high-level issue that it’s very concerned about and a senior committee is looking into it.
The move comes days after N. Chandrasekaran took over as the chairman of Tata Sons following the ouster of Cyrus Mistry late last year.
Tata Teleservices and DoCoMo have been locked in a long tussle over the Japanese company’s move to exit a partnership formed in 2009.
Despite political turmoil, Tamil Nadu is cracking down hard on beach sand mining baron S. Vaikundarajan and others as a crucial hearing in the Madras high court nears.
The explosion of monetary incentives and subsidies triggered a gold rush. With that coming to an end, are Uber and Ola simply reproducing old exploited and informal labour markets?
The IT services company has been locked in an escalating public war of words with its founders and former executives.
The IT company said that its founders and the board could have differing views on some issues, but all decisions were taken with the approval of shareholders.
Even as various Competition Commission hearings loom, a prominent US-based equity research group has effectively accused Reliance and the Modi government of crony capitalism.
Life Insurance Corp bought the stake, the sources added. While LIC is fully owned by the Indian government, its financials are independent of the government’s budget.
There’s very little sensitivity being shown in forcefully shoving India’s small traders and producers into the formal economy. To what extent will this affect the BJP’s support base?
The company, however, has not finalised a deal or memorandum of understanding with the Karnataka government, a source familiar with the matter claims.
A delegation of Indian IT industry body Nasscom will be visiting Washington in the last week of February to lobby against changes to visa regulations that could hurt the country’s $150 billion industry.
Telecom regulator TRAI has said the tariff plans of Reliance Jio are in compliance with its regulations and the existing tariff orders.
The survey does not lift the mist of confusion on India’s macroeconomic situation after demonetisation, while the conservative fiscal stance being proposed will only lead to an aggravation of the problems confronting the economy.
The Indian government has conveyed its concerns to the Trump administration about a proposed new policy on H1B visas
From potentially slashing middle-class subsidies as a method of funding a UBI, to eyeing the RBI’s reserves as a means of creating a ‘Bad Bank’, this year’s Economic Survey tackles three pressing issues.
After demonetisation, the informal MSME sector needs careful handholding if they are to make the transition to the formal economy.
Contrary to public opinion, the Docomo dispute had much back-seat driving from Ratan Tata and the Tata Trusts.
The economy requires a massive increase in government expenditure to overcome the drastic impact of demonetisation. But will this cause foreign capital to depart?
S. Vaikundarajan has been accused of large-scale illegal mining, a charge he denies, though he admits to using all sorts of methods to tackle those who stand in his way.
For several of these BJP leaders, the companies they are now on the boards of are unrelated to their past experience.