RBI’s supervisory capacity needs strengthening — including better training, more specialization and longer tenures for officials, among other measures that the bank itself has recommended.
Infosys has to invest in advanced technology and skills to capture new opportunities. That includes pumping more money into technologies such as the Internet of Things, retraining employees, localising its workforce in the US and building up sales staff.
The weak performance of the Hambantota port has fueled the impression that it simply serves China’s broader strategic interests to secure crucial trade routes and international supply chains.
The founders had taken at least 5 billion rupees of Fortis Healthcare’s cash without board approval. The market regulator, and India’s Serious Fraud Investigation Office, are looking into the company and auditors have refused to certify financial results.
The one-day summit in Stockholm is an opportunity for Nordic businesses to sign trade deals with the Modi govt, which has been resistant to deals that could flood India with foreign goods.
Companies including Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. will have bear a loss of up to 1 rupee per liter on sale of diesel and gasoline.
Through film, textile, scent, sound, and gesture, spectators are invited to descend into an immersive environment where inherited knowledge seeps through material and form.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
What the column does not touch upon is the role a sickening economy is playing in exacerbating the problem of NPAs. These have grown from about two trillion in 2014 to about ten trillion today. Whole sectors – banking itself, steel, telecom, power, real estate – are in trouble. A strongly growing economy would have mitigated the problem to some extent. Addressing the issue head on four years ago would have been the right thing to do. 2. The original complaint of 2016 was remarkably clear and detailed. There is no way either the ICICI Board or the RBI or the other regulatory / enforcement authorities to whom it was sent could have glossed over it, absent a fervent desire to shield Ms Chanda Kochhar.
What the column does not touch upon is the role a sickening economy is playing in exacerbating the problem of NPAs. These have grown from about two trillion in 2014 to about ten trillion today. Whole sectors – banking itself, steel, telecom, power, real estate – are in trouble. A strongly growing economy would have mitigated the problem to some extent. Addressing the issue head on four years ago would have been the right thing to do. 2. The original complaint of 2016 was remarkably clear and detailed. There is no way either the ICICI Board or the RBI or the other regulatory / enforcement authorities to whom it was sent could have glossed over it, absent a fervent desire to shield Ms Chanda Kochhar.