Official sources said Mallya has been summoned to appear before investigators of the ED here on March 18.
CNBC-TV18 special brings you the winners of Time 'Make in India' Awards. Eminent panellists in discussion are Yogesh Agarwal, Managing Director of Ajanta Pharma, Rajesh Agarwal, Joint Managing Director of Ajanta Pharma, Shankar Narayanan, Managing Director of Carlyle in India; Norman Pearlstine, the Chief Content Officer at Time Inc.
Ballarpur International will see an 8-10 percent growth rate in FY14 on the back of better volumes and pricing, said Yogesh Agarwal, MD and CEO of the company. He saw EBITDA being 21 percent for FY14.
Yogesh Agarwal, chairperson, PFRDA, in his reaction to the Cabinet nod on the increase of FDI in the pension sector, explains that the Bill has found support among a majority of parties and will give the PFRDA adequate teeth to take action against errant fund managers.
There is a new turf war brewing over access to long term money between market regulator Sebi and pension regulator PFRDA. This one has to do with mutual funds launching pension schemes, report CNBC-TV18's Mitra Joshi and Archana Shukla.
In the wake of multiple scams involving wealth managers, PFRDA chairman Yogesh Agarwal today said there is a need to have a lead regulator who would watch over financial advisors.
The Finance Minister convened the second meeting of the Financial Stability And Development Council, or FSDC in the capital today to seek inputs on budget.