A large number of respondents in a survey carried out by Deloitte expect fraud to go up over the next two years. According to Deloitte’s India Fraud Survey Edition II, in perspectives from companies with over Rs 200 crore turn
BSNL was incurring `8,000 crore loss in 2014. But today it has earned an operating profit of `672 crore in just one and half years’ time,” proudly claimed IT minister Ravi Shankar Prasad, while addressing a ‘Vikas Parv’ fun
Martin Shkreli, an American entrepreneur and hedge fund manager, hogged global headlines last year when he suddenly hiked the price of Daraprim, a life-saving drug used in the treatment of AIDS and cancer, from $13.50 to $750 a pill. Daraprim feat
The union cabinet has approved the sale of surplus land of Hindustan Antibiotics Limited (HAL), Indian Drugs & Pharmaceuticals Limited (IDPL), Rajasthan Drugs & Pharmaceuticals Limited (RDPL) and Bengal Chemicals & Pharmaceutical
As J Jayalalithaa lay in state at the imposing Rajaji Hall in Chennai, a black sari-clad woman with puffy eyes quietly stood at her side. She was Sasikala Natarajan, who barring a brief period, had steadfastly been with Jayalalithaa through the up
East Asia went through an economic miracle between 1960 and 1990, with income per capita nearly tripling. The four Asian Tigers – Hong Kong, Singapore, Taiwan and South Korea – achieved impressive growth rates of more than 7% for more
This is one study that should be a wake-up call for those in the government. A global demographic study carried out by Pew Research Center shows that Hindus in India have relatively low levels of educational attainment – a nationwide average
The State Bank of India (SBI), India’s largest public lender, has partnered with Bhopal-based skill development organisation AISECT for the roll-out of its Electronic Toll Collection (ETC) project across the country. Under the
The right to food campaign is dismayed by the Indian government`s reckless attempt to renew currency notes, known as "demonetization", without any serious attention to the consequences it may have for poor people. This move serves no cle
Over a month after hundreds of people lost their lives in Indore-Patna Express accident at Pukhrayan in Kanpur, railways has decided to double the compensation paid to train accident victims. As per the revised compensation rules, t
Rejecting the allegation of more than Rs 104 crore deposits in the bank account of the Bahujan Samaj Party (BSP) post demonetisation, BSP supremo Mayawati launched a seething attack at the centre and said that BJP is misusing official machinery to
Nitin Kumar, an IT professional, usually leaves for office with a broad smile on his face but as soon as he reaches Noida City Centre metro station to catch a Gurgaon-bound metro, he starts losing his cool because of haphazardly parked auto-ricksh
IDFC Bank has announced the nationwide launch of IDFC Aadhaar Pay, India’s first Aadhaar-linked cashless merchant solution that uses a retailers’ own android smartphone to enable cashless payments. Aadhaar Pay has been
The civil aviation ministry is contemplating to begin the performance of public sector undertakings (PSUs) under its aegis on a balance scorecard methodology to put an end to the conventional ways of reviewing public enterprises’ performance
Steel Authority of India Ltd’s (SAIL) unit Rourkela Steel Plant has posted its best ever single day crude steel output of 11,285 tonne from its two steel melting shops — SMS-I and SMS-II, reported Business Standard. Acc
The Oil and Natural Gas Corp. Ltd (ONGC), a Maharatna PSU, has decided to buy an 80 percent stake and development rights in Gujarat State Petroleum Corp. Ltd’s (GSPC’s) Deen Dayal West field in the Krishna Godavari offshore block
Gandhi and Nehru. The two people, above all, who defined the national freedom movement, and thus, the moral template of the independent India. (That is not to belittle Tagore, Ambedkar and many others too.) It was on December 26, 1916 that the two
Come January 2017, and you will be able to fly from Jamnagar to Ahmedabad or Allahabad to Gorakhpur… or so claims the government. The Modi government’s ambitious regional connectivity scheme (RCS) promises convenient travel between st
“This government will continue to follow sound and prudent economic policies, to ensure that India has a bright future in the long run. We will not take decisions for short term political point scoring. We will not shy away from taking diffi
Public sector today plays a big role in the economy and it is in “direct competition with the private sector”, said Ram Vilas Paswan, union minister of consumer affairs, food and public distribution at Governance Now fourth PSU Awards
