Tag Archives: unlikely

Modi’s big tax cut unlikely to spur job bonanza in India

MUMBAI/NEW DELHI: With one eye on flagging demand, businesses in India are likely to bank the government’s $20.4 billion corporate tax windfall rather than unleash the investments that Prime Minister Narendra Modi hopes will create millions of jobs and revive the economy. The tax cuts, which Modi vowed would woo global private investment and improve India’s competitiveness, came as a surprise to ... Read More »

Yes Bank’s Rana Kapoor unlikely to contest for Chairman job – What we know so far

The bank has seen the exit of three independent board members, including Chawla, in November. Yes Bank Managing Director and CEO Rana Kapoor is unlikely to be in the fray for the post of chairman which fell vacant following the resignation of Ashok Chawla earlier this month, sources said Thursday. Besides, as Kapoor still remains the head of the bank ... Read More »