ECONOMY

Monthly Archives: MARCH 2016


Vijay Mallya's Offer Via Video : Can pay Rs.4,000 Crore By September:
30.03.16 02:21 as General - pt team

Vijay Mallya has made an offer to banks struggling to recover more than Rs 9000 crores from his Kingfisher Airlines: he will arrange to repay 4,000 crores by September. His lawyers submitted a copy of the details to the Supreme Court today, which has given ...
  


SC allows SEBI to sell Sahara properties worth Rs 40,000 cr
29.03.16 07:56 as Business -

The Supreme Court on Tuesday asked the Securities and Exchange Board of India (Sebi) to initiate the process of selling 87 "unencumbered" properties of Sahara group, whose title deeds are with the market regulator, to generate the bail money for release of its chief Subrata ...
  


NaMo Under Fire As Middle Class India Still Awaits 'Achche Din'
23.03.16 04:27 as General - pt team

Sharp rises in education and healthcare costs in the last two years have hit India’s burgeoning middle class hard, denting Prime Minister Narendra Modi’s popularity among the relatively well-off ahead of a series of state elections.
 
Price increases for services deemed a luxury for most Indians ...
  


Indians stowed nearly Rs 12.5 lakh crore in black money overseas?
21.03.16 01:23 as Black Money - pt team

A new black money estimate calculated by senior economists of the Bank of Italy has pegged Indian's undeclared assets parked overseas in tax havens to be between $4 billion (nearly Rs 27,000 crore) and $181 billion (nearly Rs 12.05 lakh crore) according to two different ...
  


Silicon Valley's hopes on India
20.03.16 07:45 as Technology - Shashank Bengali*

In a crowded convention hall, young entrepreneurs practically shouted their ideas: an online marketplace for yoga instructors, an app to share songs in 30-second snippets, a mobile lunch delivery service aimed at office workers.

For any veteran of the go-go era in Silicon Valley, the buzz ...
  



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