After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
They now believe their money will be repaid after completion of the tenure of the instruments they have invested in, says Anup Roy.
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
Deficits could come under more pressure in coming years as states implement their own Pay Commissions.
Rather, the existing ones should be implemented speedily to clean up the mess.
According to bond dealers, the spike in CD issuance could indicate that liquidity won't remain as comfortable by the end of the financial year (March 31) as it now is.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.
Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.
The cell was formed after attacks on the Bangladesh central bank by international hacker groups siphoned off millions of dollars.
'For the RBI, for a central bank, reputational risk is the worst risk.' 'Credibility is the worst risk,'
'RBI is taking all steps to complete the process expeditiously so as to release firm figures at an early date.'
The prime minister's sop is expected to give a massive boost to priority-sector housing loans, thereby pulling the entire housing loan portfolio of banks.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
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