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Modi govt may shed its fiscal deficit obsession in this Budget

A weak economy and the wave of anti-govt protests have increased the chances of a fiscal stimulus in the Budget.
The Economic Times

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Lendingkart scales up team with addition of two senior directors

Under the company’s leadership, Lendingkart Finance has evaluated nearly half a million applications, disbursing 85,000 loans to more than 73,000 MSMEs, making it the NBFC with the largest geographical footprint in the country.

Vakrangee revamps senior management, enhances independence of board

The company is in compliance with the Kotak committee recommendations and...

Zoomcar appoints CV Ramachandran as independent director

He has also worked for over 30 years as a partner at Accenture, AlixPartners, ATKear...

ET Prime Distribution
  • "We have previously raised the broader question of the group's corporate governance with the company.Jupiter does not dictate board structures to companies, but it is clear to us that a review of the group's governance would be beneficial to improve wider investor confidence, in keeping with the broader governance reform agenda already underway in India," Jupiter said

    The change in Indian operation comes on the heels of Samsung rejigging its global top management team earlier this month which included change of the global mobile business chief and 162 executives who earned promotion in an annual reshuffle exercise.

    According to agency’s probe, Rs 120.5 crores was credited in 73 bank accounts maintained by PFI (27), its related entity namely Rehab India Foundation (9) and certain individuals/entities (37). Agency claims that its investigation has found out that the said amount was withdrawn “on the same day or within two to three days leaving very nominal balance in these bank accounts”.

    The SoftBank-backed hospitality chain, which is under pressure to rein in costs and streamline operations, has/will be giving most Bschools, including IIM Bangalore, IIM Calcutta, IIM Kozhikode and SPJIMR where it was a recruiter last year, a miss during final placements, the institutes told.

    According to various media reports, the Directorate of Foreign Trade (DGFT) has put Airtel on the 'Denied Entities List' following the non-fulfillment of export obligations under the EPCG scheme. As a result, Airtel’s import license stood cancelled and the company will not be able to avail any export benefit or licence from the DGFT.

    Andhra Pradesh chief minister YS Jagan Mohan Reddy has moved the Telangana High Court, challenging the decisions of the special courts of CBI and ED that junked his pleas seeking exemptions from personal appearance for ongoing trials.

    Deepak Shenoy, Founder, Capital Mind, says IT remains a cash-heavy strong balance sheet part of portfolio like FMCG. But IT is a lot less expensive than FMCG.

    The liquid from 75,000 metric tonnes of the garbage is percolating and this liquid is causing the unbearable stench. “We are planning to generate electricity from methane gas emanating from these liquids,” the commissioner said.

    The institute secured the spot for its Masters of Business Administration for Executives (MBAEx) programme, the IIM-C said in a statement on Monday. The Financial Times (FT) Global MBA ranking, 2020, had taken into consideration 100 full-time MBA programmes of 156 business schools for the exercise.

    Tranway Technologies is a provider of IT consulting services and emerging technology solutions.

    Tata Asset Management is the latest to start a quant fund.

    About 700 Indian students are believed to be studying in Wuhan and its surrounding areas, which are at the heart of the viral outbreak, said officials. While most of them had left for home during Chinese New Year holidays, 250-300 were said to be still in and around the city.

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