Foreign firms call the shots in many insurance JVs

Several international insurance firms that operate in India through joint ventures exercise control over them, despite having only a 26 per cent stake. This is the maximum permissible foreign......

India's inflation will remain high, warns OECD

The Organisation for Economic Cooperation and Developmenthas argued that the Reserve Bank of India'sprocess of raising policy interest rates is 'still very low by historical standards' In a global......

IPL row: Rendezvous sweat equity violates norms

Rendezvous Sports World, part of the consortium that owns Kochi franchise of the Indian Premier League (IPL), may not be technically having the "sweat equity" that they claim to have. Rendezvous......

Govt hurries to fill vacancies in Law Board

The government has put its act together to see that the Company Law Board, the quasi-judicial body that gives verdicts on litigation and complaints that come under the purview of the Companies Act,......