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Conditions are becoming favourable for the withdrawal of the South-West Monsoon from the extreme outpost of West Rajasthan and adjoining areas in North-West India by Tuesday (tomorrow, September 29), a process delayed since September 1, an India Meteorological Department update (IMD) has said.
Listen to the podcast by Vinson Kurian.
The Kishore Biyani-led Future Group is all set to close a deal with State Bank of India (SBI).
Sources said that the group’s discussions with the SBI for a possible stake sale of its insurance businesses to SBI Life Insurance and SBI General Insurance have reached the final stages.
Biyani has been keen to exit or sell at least part stake in the insurance ventures for some time as he looks to bring down his debt obligations.
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Shareholders of Lakshmi Vilas Bank have rejected resolutions to appoint seven directors, including the Managing Director and CEO to its board as well as statutory auditors at its recent Annual General Meeting. In a separate regulatory filing, it also informed that shareholders did not approve resolutions for appointment of additional directors on the board.
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The outbreak of Covid-19 has thrown our lives out of order.
Many have had to face health-related emergencies along with financial uncertainties, pay-cuts and, in some cases, job losses, too. So, at a time like this, when you are in need of immediate cash, one option is to liquidate financial assets such as mutual funds and fixed deposits.
If you are reluctant to liquidate them, you can alternatively get loan against your financial assets. These include loans against fixed deposits (FDs), shares, mutual funds (MFs), national savings certificate (NSC), Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and life insurance policy. This may work out to be cheaper, in terms of interest and other costs, than personal loan or loan against credit card.
BusinessLine's Bavadharini K S gives us more details. Listen to the podcast
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Hi and welcome to quick look, i m your host Siddharth
In his Mann Ki Baat address, Prime Minister Narendra Modi said that the Farm Bills and the revocation of the Agricultural Produce Market Committee act, will help farmers across the nation.
He also said that the APMC Act has also helped many youth get employment and that the farmer as well as the consumer would benefit from the changes due to the absence of middlemen. This comes after the three new Farm Bills were passed in the parliament.
The move had triggered protests across the country by farmers and other associated groups.
An international tribunal has ruled in favour of British telecom major Vodafone Group Plc in the ₹20,000-crore tax liability case that dates back to 2007, in a move that would set a precedent for a dozen similar cases in India.
In its ruling on Friday, the International Arbitration Tribunal at The Hague ruled that the tax liability on Vodafone is a breach of the investment treaty signed between India and the Netherlands.
BusinessLine's Rajesh Kurup tells us more.
Can a 'Make in India' video conferencing solution resolve all our concerns associated with data security? Must we resort to Zoom or Skype for all our video-based communication?
May be not. Meet Joy Sebastian, the CEO of Techgentia. This Kerala-based company won the Innovation Challenge that was recently conducted by the Government of India.
Also listen to: Podcast | Startup and You: Episode 10 - Covid-19 and entrepreneurship opportunities
During our discussion Joy Sebastian tells us why video is relevant in all fields of the 21st century.
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Also listen to: Startup and You: Episode 12 - Healthtech in India's startup space
If you wish to share your thoughts, write to me at [email protected].
Startups and You is a weekly podcast series published by The Hindu BusinessLine every Saturday.
Iconic American motorcycle maker Harley-Davidson is cutting short its trip in India, citing lower sales and profitability to exit the country a decade after entry.
Harley-Davidson said in a statement on Thursday it is closing the manufacturing facility in Bawal and significantly reducing the size of its sales office in Gurgaon.
BusinessLine's Nandana James tells us more.
Welcome to another episode of the Race to the White House.
This week we continue our conversation with Suhasini Haidar, National Editor and Diplomatic Affairs Editor, The Hindu, and we discuss what another Trump term or a new Biden administration could mean for South Asia.
Listen to this episode here: Podcast | Trump versus Biden: Who is better for India?
The Indian Meteorological Department (IMD) has predicted widespread rainfall with isolated heavy to very heavy falls is likely over Arunachal Pradesh, Assam, Meghalaya, hills of West Bengal, Sikkim, Bihar and East Uttar Pradesh on Friday.
It has also stated that isolated extremely heavy rainfall is likely over Arunachal Pradesh, Assam and Meghalaya. End-season monsoon dynamics may also spawn thunderstorms and lightning over North-East Madhya Pradesh, East Uttar Pradesh, Bihar, Chhattisgarh, Odisha, West Bengal, Sikkim, Assam, Meghalaya, Nagaland, Manipur, Mizoram and Tripura until Friday night, the IMD said.
Listen to the podcast by BusinessLine's Vinson Kurian.
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