Beruflich Dokumente
Kultur Dokumente
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
The Bombay Stock Exchange illuminated in the colours of the national flag on the eve of Independence Day. Photo:
BSE
From Green Revolution and liberalization to demonetisation and GST, a look at 70 milestones of
Independent India's business history
https://www.livemint.com 1/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Topics
mint-india-wire India business business history GST demonetisation liberalization
Green Revolution BSE Sensex telecom revolution IT sector dotcom boom State Bank of India
Air India Business in India
From the reassuring certitude of the five-year plans to the electrifying promise and
reality of the Goods and Service Tax Act, the 70 years of independent India’s history
have been defined by events that reveal a young nation in search of an appropriate
development model.
Mint looks at 70 such markers that have led to an ecosystem in which India can vie for
global economic leadership.
1947: The Industrial Disputes Act, governing organized industrial labour, is passed.
https://www.livemint.com 2/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1949: The Reserve Bank of India (RBI), previously a shareholders’ bank, is nationalized.
1951: First Five-Year Plan, based on the Harrod-Domar Model of economic growth and
focusing on the primary sector, is presented.
https://www.livemint.com 3/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
https://www.livemint.com 4/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1955:The Imperial Bank of India is nationalized to create the State Bank of India.
1956: Industrial Policy Resolution is passed by Parliament, marking the beginning of the
Licence Raj.
1956: Second Five-Year Plan, based on the Feldman-Mahalanobis model and focusing on
heavy industry, is presented.
https://www.livemint.com 5/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
https://www.livemint.com 6/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1956: India’s first atomic reactor, Apsara, goes critical at the Bhabha Atomic Research
Centre.
https://www.livemint.com 7/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1958: Dhirubhai Ambani establishes the Reliance Group as a trading house called
Reliance Commercial Corporation.
https://www.livemint.com 8/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1961: Indian Institutes of Management are set up in Calcutta (now Kolkata) and
Ahmedabad.
https://www.livemint.com 9/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
https://www.livemint.com 10/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1966: The Indian rupee is devalued following the Public Law 480 food aid programme as
part of the Aid India Consortium at the World Bank.
https://www.livemint.com 11/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
https://www.livemint.com 12/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Close
1969: The Monopolies and Restrictive Trade Practices Act becomes law.
1970: The Industrial Licensing Policy comes into force, confining the role of large
business to core, heavy and export-oriented sectors.
1971: The collapse of the Bretton Woods system sees the rupee pegged to the pound
sterling. This causes real depreciation and exports to grow at 15% in nominal terms over
https://www.livemint.com 13/59
6/20/2019 70 milestones in Independent India’s business history
1973: The longest rail service in India, from Mangalore to Delhi, is inaugurated.
1974: Oil struck in the first well at Sagar Samrat, off Bombay High.
https://www.livemint.com 14/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1975: Aryabhatta, the first Indian satellite, is launched from the Soviet cosmodrome.
https://www.livemint.com 15/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
https://www.livemint.com 16/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1976: Economist Raj Krishna coins the term ‘Hindu rate of growth’, referring to India’s
slower rate of economic growth compared to the rapidly growing east Asian economies.
1978: Housing Development Finance Corporation Ltd, or HDFC, the first specialized
mortgage company in India, disburses its first home loan.
https://www.livemint.com 17/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
https://www.livemint.com 18/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1980: India’s first credit card, Central Card, is introduced by the Central Bank of India.
1981: Infosys Ltd is incorporated by N.R. Narayana Murthy and six other co-founders.
https://www.livemint.com 19/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1982: Mumbai textile mills strike led by controversial union leader Datta Samant and
involving nearly 2,50,000 workers in 80 mills cripples the textile industry for over a year.
1982: Indian Oil Corporation commissions India’s first public sector petroleum refinery
in Guwahati.
1983: First batch of Maruti cars rolls out, priced at about Rs35,000 apiece.
https://www.livemint.com 20/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1984: Bhopal gas tragedy, the world’s worst industrial disaster takes place following gas
leak at Union Carbide’s pesticide plant. Over 10,000 people lose their lives over the next
few weeks of the disaster.
https://www.livemint.com 21/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1985: Significant tax reforms are kicked off by Prime Minister Rajiv Gandhi with V.P.
Singh as finance minister.
https://www.livemint.com 22/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1986: Demographer Ashish Bose coins the term BIMARU (Bihar-Madhya Pradesh-
Rajasthan-Uttar Pradesh) referring to the poor socio-economic conditions in the four
states.
1987: India’s first debit card is introduced by Citi Bank, first ATM installed in Mumbai by
HSBC.
https://www.livemint.com 23/59
6/20/2019 70 milestones in Independent India’s business history
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1992: National Stock Exchange launched as the first demutualized electronic exchange
in the country.
1992: Reliance Group becomes the first Indian conglomerate to raise money in
international markets.
https://www.livemint.com 24/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1992: The Harshad Mehta scam roils markets but lays the path for tighter market
regulation.
https://www.livemint.com 25/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
https://www.livemint.com 26/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1993: HDFC becomes the first Indian company to receive in-principal approval for
setting up a private sector bank.
1993: Hindustan Unilever (HUL) takes over its largest competitor, Tata Oil Mills
Company.
https://www.livemint.com 27/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1995: National Telecom Policy is formulated to open up Indian markets for foreign
direct investment as well as domestic investment in the telecom sector. One of its main
goals was to increase accessibility to telecom services.
1995: Cellular phone services are inaugurated as West Bengal chief minister Jyoti Basu
makes the first call from Kolkata.
https://www.livemint.com 28/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
1999: Satyam Infoway’s Rs499-crore buyout of Rajesh Jain’s IndiaWorld sets off dotcom
boom in India.
2000: Privatization of insurance business with a 26% limit on FDI in the sector.
2006: India’s largest-ever rural jobs scheme, Mahatma Gandhi National Rural
Employment Guarantee Scheme (MGNREGS), is launched.
https://www.livemint.com 29/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
2006: Tata group pays $12.98 billion to acquire UK-based Corus in the largest ever cross-
border acquisition by an Indian company.
https://www.livemint.com 30/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
2008: Tata Motors launches Tata Nano, the world’s cheapest car.
https://www.livemint.com 31/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
https://www.livemint.com 32/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
2013: Mars Orbiter Mission, the least expensive in the world, is successfully launched by
Isro.
https://www.livemint.com 33/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
2016: The government announces demonetisation of Rs500 and Rs1000 currency notes.
https://www.livemint.com 34/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
2017: Passage of the Goods and Service Tax Bill ushers in a uniform tax structure
throughout the country.
https://www.livemint.com 35/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
At 70, India has come a long way from the country the British exited in 1947, and which
they believed (and hoped) would not survive in its then form. India has since evolved
into a vibrant constitutional democracy and made rapid strides in several domains
(although there is a lot of work still to be done). Over the next few days, to mark the
70th anniversary of India’s independence, Mint will profile 70 milestones across the
years, and across domains—politics, business, entertainment and sport. Put together by
Mint’s reporters and editors, these entirely subjective listings are far from
comprehensive, as is only to be expected when one is dealing with the seven-decade-old
post-independence history of a country as large and complex as India.
Topics
mint-india-wire India business business history GST demonetisation liberalization
Green Revolution BSE Sensex telecom revolution IT sector dotcom boom State Bank of India
https://www.livemint.com 36/59
6/20/2019 70 milestones in Independent India’s business history
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Sensex zooms 488 points, Nifty above 11,800-level, Jet Airways rises over
90%
2 min read 04:11 PM IST
Why are government securities the biggest gainers in the Modi 2.0 regime?
1 min read 04:16 PM IST
Market observers say that G-Sec yields in the domestic credit market is expected to remain soft
Analysts contend that from here on G-Sec yields may not see any big southward movement
https://www.livemint.com 37/59
6/20/2019 70 milestones in Independent India’s business history
99
Read Full Story
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Income tax exemption, Section 80C deduction limits could be raised in Budget
1 min read 11:19 AM IST
Higher income tax exemption limit and an increase in Section 80C deduction could put pressure
on the fiscal deficit
The current Section 80C deduction limit is ₹1.5 lakh
Kovind said the thumping majority that the NDA received was the mandate given by people for
accelerated development
He emphasized on creating opportunities for the youth and setting up infrastructure for the 21st
century
https://www.livemint.com 38/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Demand for credit has shifted to banks from the bond market
India’s bond market remains small compared with other major economies
A prototype smartphone app, VRa, allows a user to program robots to perform dull tasks
Using AR, the app allows the user to walk out where the robot should go to perform its tasks
https://www.livemint.com 39/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Gold prices have rallied after US Fed signalled possible rate cut later this year
On MCX, gold futures for August delivery jumped 2.5%
Arvind Subramanian’s conclusions about GDP growth figures are in the right direction. There’s no
point being in denial
https://www.livemint.com 40/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Yes Bank share price falls to double digits, for first time in five years
1 min read 02:35 PM IST
Analysts have been downgrading Yes Bank’s stock on concerns over further deterioration in asset
quality
Moody’s Investors Service this month warned of a potential downgrade on Yes Bank’s credit rating
Harley-Davidson’s growing focus on India and similar markets comes amid tough conditions in its
home market
Both firms are keen to explore a potential alliance that would make Harley-Davidson bikes
cheaper in India
https://www.livemint.com 41/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
India seeks to raise $84 billion this year from a sale of airwaves
Operators may soon decide how much more pain they can endure for a high-speed wireless
network that can offer better user experience in streaming, gaming and entertainment
Gold prices saw a big jump after the US Federal Reserve indicated a readiness to cut interest rates
Gold prices have also been boosted by US-China trade dispute and a dovish tone from other global
central banks
https://www.livemint.com 42/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
As debt levels inch up for Store additions key but SH Kelkar’s buyback should
road developers, time for margin pressure may be backed up by revenue
investors to hit the brakes continue for Avenue growth
Supermarts
2 min read 19 Jun 2019 2 min read 19 Jun 2019 1 min read 19 Jun 2019
https://www.livemint.com 43/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Currently, there is no current country-specific limit on H-1B work visas granted each year
It is estimated that estimated 70% of H-1B work visas go to Indians professionals
In the list of best CEOs, Facebook CEO Mark Zuckerberg came in at 55, and Apple’s Tim Cook was
ranked 69
Shantanu Narayen and Satya Nadella occupy the fifth and sixth positions, respectively
https://www.livemint.com 44/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
LONG READS
The case for doubting Young, vibrant Gen Z Gaming cult looks to level
India’s GDP numbers gaming that will be up in India
immersive and create
online realities
9 min read 19 Jun 2019 5 min read 18 Jun 2019 10 min read 18 Jun 2019
Claims for motor and health insurance see a spike during the annual rainy season
Home insurance claims see a jump from areas that witness very heavy rains and flooding.
PLAIN FACTS
https://www.livemint.com 45/59
6/20/2019 70 milestones in Independent India’s business history
99
How the middle overs are India’s police force among India’s next generation
gaining HOME
currency in ODIs the world’s weakest
LATEST TRENDING reforms must begin in
MY READS
courts
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
4 min read 12:50 PM IST 4 min read 19 Jun 2019 4 min read 18 Jun 2019
Tech Mahindra said it is aiming to grow its cabin engineering business over the next few years
This will strengthen our aerospace engineering portfolio, says Karthikeyan Natarajan, Global
Head of Engineering and IoT, Tech Mahindra
https://www.livemint.com 46/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
President Ram Nath Kovind said a facility for entrepreneurs to avail loan up to ₹50 lakh without
any guarantee will be introduced
About 1.5 lakh post offices in the country are being prepared to provide banking services through
India Post Payment Bank
https://www.livemint.com 47/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
The Kia Seltos will come with BSVI-compliant 1.5-litre petrol and diesel-engines as well as a 1.4-
litre turbo petrol
The Seltos will also get three drive modes (Normal, Eco and Sport) and terrain modes (Wet, Mud
and Sand), that can be chosen by using a rotary knob positioned on the centre console
Motorola One Vision launched at ₹19,999: Full specs, pricing and more
1 min read 12:55 PM IST
https://www.livemint.com 48/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Invest up to ₹50 lakh in capital gains bonds, get LTCG tax break
1 min read 19 Jun 2019
You need to reinvest the gains in capital gains bonds within six months of the asset’s transfer.
The maximum you can invest in these capital gains bonds is ₹50 lakh per financial year
Focus in online retail shifting to fastest deliveries, after-sales services such as alterations, and
reduction in the number of returns
Myntra to launch 30 experience centres across India by August, where customers can pick
products they ordered when convenient, return and get alterations done on the spot
https://www.livemint.com 49/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
HDFC to buy Apollo Hospitals’ 50.8% stake in health insurer for ₹1,336 cr
The total deal size of ₹1,347 cr values Apollo Munich Health Insurance at 1.2 times the gross
written premium for FY19
IL&FS auditors BSR, Deloitte facing probe heat from six agencies
3 min read 12:12 AM IST
Six entities including the SFIO, the MCA, Sebi, ED, NFRA and ICAI go after two auditors of scam-
hit firm and besiege them with chargesheets, petitions, show-cause notices
The corporate affairs ministry has filed a plea in NCLT to bar the auditors of IL&FS
https://www.livemint.com 50/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Moto One Vision launch today: Check expected specs, pricing, live stream link
1 min read 11:14 AM IST
Moto One Vision highlights: Samsung Exynos processor, 48MP Samsung G1 sensor, 6.3-inch LCD
display with aspect ratio of 21:9
Rivals: Redmi Note 7 Pro, Samsung Galaxy M40 and Galaxy A50
Marvels 'Avengers: Endgame' would be heading back to theaters with brand new footage
It is not yet clear how much of the new footage will be included in the upcoming re-released film
https://www.livemint.com 51/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Two low-intensity earthquakes of magnitude 4.8 and 3 shook some parts of Satara district
No casualty or damage to property has been reported so far
Operational creditors at par with lenders on haircuts under IBC, says Icra
1 min read 09:35 AM IST
The report shows 49% of the cases have been referred by the operational creditors
This analysis is based on the data for 92 CIRPs
https://www.livemint.com 52/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
President Kovind asks MPs to support 'one nation, one poll' idea
2 min read 12:39 PM IST
President Kovind said that due to frequent elections, the pace and continuity of development
programmes have been impacted
Kovind urged them all to work towards building a New India and to discharge your duties with
utmost sincerity over the next five years
Time was when overs 11 to 40 in ODIs were about preservation and accumulation. Increasingly,
they are becoming another phase to stretch possibilities
https://www.livemint.com 53/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
How you lock your smartphone can reveal your age: UBC study
2 min read 12:22 PM IST
Older users are more likely to unlock their phones when they're stationary, such as when working
at a desk or sitting at home
For every 10-year interval in age, there was a corresponding 25% decrease in the number of user
sessions
Paytm is targeting to partner with over 20 million retail kirana stores, enabling them to accept all
digital payment modes including UPI, wallet and cards
Paytm will invest money in offline merchant expansion instead of driving incentive led P2P
transactions: Paytm Sr VP
https://www.livemint.com 54/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
InnoVen and Alteria have together done follow-on rounds in about 10 companies this year alone
Venture debt funds, unlike equity counterparts, don't allocate a portion of funds for follow-ons
Domestic air traffic may grow in the low single digits in FY20
3 min read 19 Jun 2019
Domestic flyer growth expected to fall from double to single digit in current fiscal
During fiscal year 2019, air passenger traffic grew at 13.6%, according to data from DGCA
https://www.livemint.com 55/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
The Sanklechas started putting money matters in order late in life, but with the newfound
discipline, they find themselves looking at a secure future
Income-tax law does not consider all inherited assets as ancestral property
3 min read 19 Jun 2019
Ancestral property is defined as one which a person inherits from any of three immediate male
ancestors—father, grandfather and great grandfather
Here’s how ancestral property is taxed under the Hindu Succession Act.
https://www.livemint.com 56/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
The French firm is the second carmaker in the country after Maruti to discontinue selling diesel
vehicles
CEO Thierry Bolloré says share of diesel vehicles is reducing as a percentage of firm’s overall sales
Arun Saha and K Ramachandra were arrested by ED as part of probe into circuitous transactions
that took place at IL&FS
This comes after the SFIO on 31 May filed its first chargesheet in the IL&FS case
https://www.livemint.com 57/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
Son’s remarks during the shareholders’ meeting drew laughs and even feigned outrage from
directors
Son’s message to investors is that when it comes to technology, he is ahead of the curve
There has been a strong 33% jump in short travel breaks opted by business travellers
Some Indian tourists economise on transport and accommodation and splurge on local and
interests-based experiences
https://www.livemint.com 58/59
6/20/2019 70 milestones in Independent India’s business history
99
Companies Budget 2019 ITR Filing Start-ups Markets NRI Investment Queries Money Mutual Funds
After auditors, fraud probe office now trains its guns on lenders in IL&FS case
3 min read 12:20 AM IST
Ministry of corporate affairs tells SFIO to probe banks as well as their officials who lent to IL&FS
group, show documents
SFIO filed its first charge sheet on 31 May in the IL&FS crisis against 30 individuals
https://www.livemint.com 59/59