This is a key reason for the finance ministry's objection to fixing the tenure at 100 years, as it is pushing PSBs to be self-dependent and raise funds from the market, reports Hamsini Karthik.......
'The concern that the bad bank may create a moral hazard for the system is extremely valid.'Hamsini Karthik reports. Illustration: Uttam Ghosh/Rediff.com The idea of setting up a bad bank partly......
The worst seems to be over for Mahindra Satyam, earlier known as the scam-hit Satyam Computer Services. That's what the numbers announced by Tech Mahindra for the years ended March 2009 and March......
Auto major General Motors' bankruptcy could impact Indian service providers in a 'small' but 'significant' way. 'The immediate impact would be delayed payments, followed by slowly ramping down of......
Infosys will get 'fresher' in the coming quarters, even as it shrugs off all possibilities of its bench piling on calories in case some of the newcomers are not billable. The fresher intake, at......
2019 seems ready for new directors, with superstars queuing up to work with fresh talent. Debutant director Aditya Dhar scored a Rs 200 crore hit with his very first movie, Uri: The Surgical......
The latest updates from the Telugu film industry. Pawan Kalyan, who is busy shooting for his co-production, Sardaar Gabbar Singh, also produced by Sharrath Marar, recently had a surprise......
Reader Aravinda Ram sent us this photograph from Johannesburg. 'Me and my husband Ananth came across a large number of cricketers in Johanesburg during the Indian Premier League. We meet......
Name:Amit Singh Message:Dear john, i salute mr wright you have done wonders for our{your}indian team , we shall always be indebted to you for what u have done & achieved for us ordinary indians, me......
Barring two surprises when higher seeds K Visweswaran and C J Aravind were held by lower rated Uttam Sharma and Hari Babu respectively, the second round of the Dr Mahalingam Sathabishekam FIDE......