Harish Revanna

Articles by Harish Revanna

Email : editor@ibtimes.co.in

Kingfisher Airlines Vijay Mallya Airbus reduces KFA orders

ED sees political pressure in IDBI Bank's loan to Mallya

ED officials emphasised that after questioning bank officials, they strongly suspect political intervention behind the loan sanction.

Mar 23, 2016

SEBI bans Sharepro for share transfer fraud

An order by the market regulator alleged the company's registrar's operations head siphoned off dividend and did not allot shares to the rightful owners.

Mar 23, 2016

India's current account deficit falls to 1.3% of GDP in December quarter

The reduction in the current account deficit was primarily on account of lower trade deficit that stood at $34 billion.

Mar 22, 2016

CBDT panel proposes digital economy tax

The proposals, if accepted by the government, would affect not only Google and Facebook but several other start-ups that rely heavily on digital advertising.

Mar 22, 2016

Indian bonds rally on rate cut expectations

Bonds yields have fallen to the lowest since 2013 over the government's prudent fiscal consolidation and deposit rate cuts on several small savings schemes.

Mar 21, 2016

Investors vie for IDBI Bank's stake: Report

The IFC and CDC Group have been at the forefront of inspecting the bank's assets and liabilities and carry out due-diligence.

Mar 21, 2016

Vying for foothold in Nepal: India, China offer to build rail lines

Landlocked Nepal wants to connect itself with its neighbours, while lessening its dependence on India.

Mar 21, 2016

Vijay Mallya, Chairman of Kingfisher Airlines

Mallya to consider employee dues, chart a new debt repayment offer

Mallya reportedly wants to stand up to his business leader credential, settle both Kingfisher Airlines loans and employee payments.

Mar 21, 2016

Banks wait and watch post-rate cut on PPF, KVS

Previously, bankers argued they cannot cut retail deposit and lending rates when the small savings schemes offered higher rates.

Mar 20, 2016

Jewellers call off 18-day strike over excise duty

While the excise duty still remains, the government has assured jewellers that excise department officials will not harass them.

Mar 20, 2016

SEBI asks mutual funds to disclose commission, remuneration and compensation

The Securities Exchange Board of India's circular stipulates disclosure of emolument details from April, commission in October and consolidated statement twice a year.

Mar 19, 2016

Govt to strengthen gold monetisation scheme, rich Hindu temples to contribute

This scheme managed to collect 3 tonnes of gold against the targeted 20,000 tonnes lying idle without traded or monetised.

Mar 19, 2016

China's Alibaba may go solo in India's e-marketplace: Report

Alibaba could come as a standalone e-marketplace or partner with another company and could also consider organic growth as an option, the Business Standard reported.

Mar 19, 2016

Insurance sector now open to 49% FDI via automatic route

The move to allow foreign direct investment under the automatic route will help attract more overseas companies to buy stake in domestic insurers.

Mar 19, 2016

Sovereign gold bond scheme fetched govt just Rs 1,400 cr against Rs 15,000 cr targeted

These schemes were launched to discourage citizens from hoarding physical gold.

Mar 18, 2016

Ford Foundation removed from govt's watch list

The government in 2015 put the foundation under the FCRA list on reports that it funded anti-India activities.

Mar 18, 2016

IIT panel suggests tripling student fee, entrance test at 8 foreign locations

The committee studied the average cost per student and felt 60 percent of it need to be borne by them.

Mar 18, 2016

Wilful defaulters owe lender banks Rs 60,000 crore: Report

A willful defaulter is a borrower who indulges in deliberate non-payment of dues despite adequate cash flow and good net worth.

Mar 18, 2016

IFC issues $30 million in 15-year Masala bonds

Proceeds of the bonds will be used to advance private sector development in India.

Mar 17, 2016

Dutch firm Heineken may ask Mallya to step down from UB board: Report

Heineken could either ask Mallya to step down from the board or call a shareholding meeting to vote for having him removed.

Mar 17, 2016

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Articles by Harish Revanna

ED sees political pressure in IDBI Bank's loan to Mallya

SEBI bans Sharepro for share transfer fraud

India's current account deficit falls to 1.3% of GDP in December quarter

CBDT panel proposes digital economy tax

Indian bonds rally on rate cut expectations

Investors vie for IDBI Bank's stake: Report

Vying for foothold in Nepal: India, China offer to build rail lines

Mallya to consider employee dues, chart a new debt repayment offer

Banks wait and watch post-rate cut on PPF, KVS

Jewellers call off 18-day strike over excise duty

SEBI asks mutual funds to disclose commission, remuneration and compensation

Govt to strengthen gold monetisation scheme, rich Hindu temples to contribute

China's Alibaba may go solo in India's e-marketplace: Report

Insurance sector now open to 49% FDI via automatic route

Sovereign gold bond scheme fetched govt just Rs 1,400 cr against Rs 15,000 cr targeted

Ford Foundation removed from govt's watch list

IIT panel suggests tripling student fee, entrance test at 8 foreign locations

Wilful defaulters owe lender banks Rs 60,000 crore: Report

IFC issues $30 million in 15-year Masala bonds

Dutch firm Heineken may ask Mallya to step down from UB board: Report

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'