India’s IT sector is facing new challenges in its biggest market, the United States, as President Donald Trump’s “America First” policy could hit outsourcing firms hard.
Snapdeal accused Quickdeal’s former directors and management of misappropriation, cheating, misleading and defrauding the company in tune of Rs 3.57 billion
One major accusation against Chidambaram is that he manipulated the working of the FIPB to help Dayanidhi Maran in the Aircel–Maxis case. An unpublished CAG report shows how this unusual deal was structured in a convoluted manner using preference shares.
Audit report fingers two Essel-associated firms, alleging that gross irregularities took place in the Mizoram lottery tender and revenue-sharing process from 2012-2015.
Law firm O’Melveny & Myers LLP was hired by the online taxi service after employees gave contradictory accounts of how Uber obtained the medical records of a women who was raped in Gurgaon in early 2015.
Ethical scandals at Uber and Fox have focused attention on the leaders of the organisations, but the problems of a toxic culture often embed deep within.
“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors’ request to step aside.”
Ruling out any further slippage in the timeline, finance minister Arun Jaitley said Indian small business has been given enough time to prepare.
Data reveals that a substantial portion of India’s FDI inflows comes from foreign investors claiming bigger stakes in Indian start-ups and brownfield ventures across various sectors. What does this mean for job creation?
The dual-track market approach, township-village enterprises and enhanced fiscal-federalism are important lessons the Modi government must imbibe if it wishes to enhance economic efficiency.
The government has quietly tweaked rules relating to special economic zones – and the new rules specifically favour the Adani Group.
The US Has Indicted a Ukrainian Oligarch for Bribing Indian Officials. Why is Modi’s CBI Not Acting?
Dmytro Firtash, accused of orchestrating bribes worth $18.5 million to Indian officials, has argued that the charges against him should be dismissed because the Indian government is not pursuing criminal charges.
Even though the provisions on information security and privacy in India’s 2011 IT rules are rudimentary, they are, more often than not, callously ignored.
The lawsuit has been filed against Uber, Kalanick, Uber’s former Vice President for Business in Asia Eric Alexander and the company’s then-Senior Vice President for Business Emil Michael.
Was TRAI, after consulting with the AG, right in allowing Reliance Jio to extend its tariff promotional offer after it expired?
The latest refusal to cut rates, and the MPC’s decision to decline meeting with finance ministry officials before its deliberations on monetary policy, will be hailed by those who are interested in good governance.
According to a report in Recode, Uber executive Eric Alexander took the records back to the US, where CEO Travis Kalanick and other officials doubted the veracity of the incident.
Finance ministry officials were scheduled to meet with all six members of the monetary policy committee before its policy statement today, in a move that had raised worries over the MPC’s independence.
The MPC records the fact that during demonetisation there were “fire sales” of essential items that depressed prices. The unusually sharp fall in CPI inflation in April cannot be taken for granted.
The spotlight is now back on former civil aviation minister Praful Patel, whose under whose tenure everyone from the CAG to Murli Manohar Joshi-headed PAC found highly questionable financial decisions.
Abattoirs and meat sellers in UP, the country’s top buffalo meat exporting state, went on strike in March after a crackdown on unlicensed abattoirs.
The mine has been delayed due to opposition from environment groups who argue it will contribute to global warming and damage the Great Barrier Reef.
Discounting loans, one of the primary grievances the CBI and stockbroker Sanjay Dutt have raised, by itself isn’t criminal or fraudulent. How do the allegations stack up?
Protests have intensified after the Commonwealth Bank decided to fund Adani’s Carmichael mining project.
Many believe that bioequivalence testing is necessary for only a handful of medications. In reality, it should be the norm for virtually all drugs.
At a media briefing on Friday, Ambani reassured investors and said that the lenders would allow the company to pause debt repayments until December.
While the Modi government is determined to make regional connectivity its aviation centrepiece, it is yet to satisfactorily answer questions over infrastructure development and its plan for Air India.
The additional loss of Rs 5,792 crores in the quarter ended March 2017 surprised the capital market. Were the regulator, the parent bank and SBI’s chairperson aware of the state of asset quality in its subsidiaries?
Days after media reports indicated that the telecom operator was having trouble with its loan servicing obligations, bank facilities worth Rs 17,356 crore and debt facilities worth Rs 3,630 crore have now been assigned the lowest available rating for corporate debt.
Our approach to economic growth has done more harm than good and must be be replaced with more appropriate goals.
Despite Kinks, Home Ministry’s New System Will Expand Efforts to Closely Monitor Foreign-Funded NGOs
Planned monitoring includes breaking down foreign contribution receipts “purpose-wise and country-wise” while carrying out a monthly trend analysis of the “credit and debit transactions” of “top persons”.
The HRD ministry’s new rules for giving ISBNs to publishers are inexplicable – why should the applicant get clearance from NITI Aayog?
The company’s shares plunged as much as 20% on Monday on the back of a $150-million fourth-quarter loss and after a media report said that at least 10 lenders had classified its loans as SMA1 or SMA2.
Given the muscular regulatory state in India, the NITI Aayog’s progressive take on regulation in the context of innovation is a much-needed breath of fresh air.
However much Modi tries to convince people that things are better today than in the pre-NDA era, his government has struggled to make considerable progress in most areas of India’s political economy.
The new order of the day will be to increase revenue per employee, truly achieve non-linear growth and capture new forms of digital work. But even this will be a difficult task.
The Trump administration has resuscitated the ‘New Silk Road’ initiative and and the Indo-Pacific Economic Corridor linking South Asia with Southeast Asia.
The company joins a growing number of organisations adopting such restructuring strategies for a variety of reasons from cutting the flab to automation.
The RBI refused to make the list of loan defaulters public despite an order by the Supreme Court in 2015 to make this information public.
Senior officials at several global funds that manage huge investments have stated that these problems could cause the destabilisation of the Indian economy.