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DOSE BHARAT – A scheme to help the jobless

DISBURSEMENT OF SUBSIDY  FOR EMPLOYMENT, DOSE Here is a scheme, DOSE, to encourage employment growth  through contributions from  those  employed, supplemented by government funding  through MGNREGA. INDIAN  ECONOMY  FACES a severe crisis due to lags in not tapping the market potential for goods. Buying  power depends on a large number of families

LVB rejects reappointment of CEO

Lakshmi Vilas Bank Crisis - shareholders vote against reappointment of seven directors LVB HAS BEEN placed under prompt corrective action (PCA) by the RBI. As it was struggling to get out of PCA, it drew an unparalleled ire from the shareholder community. They threw out resolutions relating to the appointment of

Equitas Small Finance Bank IPO News

NO SMALL JOURNEY FOR EQUITAS SMALL FINANCE BANK FROM A MICRO-FINANCE firm to a bank, it has been quite a journey for Equitas. So much has changed in 23 summers since P N Vasudevan set out to float his own enterprise way back in 2007. Today, this has become a significant

Grinntech signing MoU with Tamil Nadu government

WITH A GRINN (TECH),  THEY MOVE FORWARD THESE ARE WELL-KNOWN faces in this  part  of the country. Dr V Sumantran, an auto industry veteran and Lakshmi Narayanan, former vice-chairman of Cognizant, are on the board  of this nascent venture, Grinntech. An investor-backed start-up, this one specialises in lithium- ion batteries for

Nordic Countries..the innovation powerhouse..

The Nordic Lead.. Skype, Nokia, IKEA, Ericsson, Candy Crush, Angry Birds,Minecraft, Spotify. These are all companies that offer productsor services that make our lives easier. All have their origin in theNordic region of Europe - Denmark, Norway, Sweden, Finland andIceland. Their total population stands at just about 26 million.The region is

Will MODI end the subsidy raj?

With the drop in international LPG price, there has been a significant over-recovery of subsidies on LPG - of Rs 120 per cylinder in May 2020. Now is the ideal time to end subsidies on kerosene and LPG. The government spending zero amounts to subsidise PDS kerosene and domestic LPG has

The final call

This sector is in the news again. Latterly, voluminous anecdotes of competition, controversies, complaints, crashing success and colliding failure made the sector a bustling one. The Adjusted Gross Revenue (AGR) case which is being meticulously scrutinised by industry experts, investors and many individuals gave special effects to the sector. Yes,

GST formula suffers a hit

The Corona virus seems to have knocked the bottom out of the Indian economy that suffered the steepest fall. The country’s GDP contracted by 23.9 per cent in the April - June quarter. INDIA BEGAN PUBLISHING quarterly figures on the economy from 1996. This is the sharpest contraction in GDP since