M Saraswathy And Abhijit Lele

Stories by M Saraswathy And Abhijit Lele

TCS raising Rs 4,000 crore via commercial paper

TCS raising Rs 4,000 crore via commercial paper

Rediff.com   26 Jul 2014

Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.

Salman-starrer Kick insured for Rs 300 crore

Salman-starrer Kick insured for Rs 300 crore

Rediff.com   24 Jul 2014

The film hits theatres tomorrow, July 25.

Reliance Life to tap Gulf returnees

Reliance Life to tap Gulf returnees

Rediff.com   25 Jun 2014

Company launches claim guarantee scheme for customers.

Banks as insurance brokers may not be on FinMin to-do list

Banks as insurance brokers may not be on FinMin to-do list

Rediff.com   24 Jun 2014

United Progressive Alliance-led government proposed lenders as insurance brokers; new FM not too keen, say insurers.

Banks put Rs 21k-cr NPAs on block in 3 months

Banks put Rs 21k-cr NPAs on block in 3 months

Rediff.com   23 Jun 2014

Rush to offload bad loans indicates a revival in asset-sale market

Aditya Puri is India's highest-paid bank CEO

Aditya Puri is India's highest-paid bank CEO

Rediff.com   7 Jun 2014

However, the remuneration of Puri and Kochhar are not strictly comparable as the two banks follow different accounting practices.

NPAs render govt banks unfit for pvt Provident Fund deposits

NPAs render govt banks unfit for pvt Provident Fund deposits

Rediff.com   6 May 2014

Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.

Samsung Life set to buy 26% in ING Insurance

Samsung Life set to buy 26% in ING Insurance

Rediff.com   3 May 2014

Deal with current owner Exide may be signed next week

New Companies Act eases concerns over high pay

New Companies Act eases concerns over high pay

Rediff.com   23 Apr 2014

Act says remuneration to directors and key managerial personnel should involve a balance between fixed and incentive pay.

SBI to lend $500 mn, redeem securities worth $800 mn

SBI to lend $500 mn, redeem securities worth $800 mn

Rediff.com   23 Apr 2014

SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.

Now, life insurers can file only 5 products a year

Now, life insurers can file only 5 products a year

Rediff.com   17 Apr 2014

To reduce time taken for product approvals, Irda has asked life insurers for a product planner before every financial year.

Enhancing customer experience is a priority, says hopscotch.in

Enhancing customer experience is a priority, says hopscotch.in

Rediff.com   8 Apr 2014

Hopscotch.in wants to focus on enhancing technology and mobile applications.

Don't be amazed if colleges ask you to pursue career in banking

Don't be amazed if colleges ask you to pursue career in banking

Rediff.com   13 Mar 2014

Post graduate colleges are aggressively tying up with banks to introduce banking courses.

Loan rating heat on Sahara Hospitality on tepid show

Loan rating heat on Sahara Hospitality on tepid show

Rediff.com   12 Mar 2014

The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.

Bank of Bahrain & Kuwait lays out plans for India

Bank of Bahrain & Kuwait lays out plans for India

Rediff.com   1 Mar 2014

Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.

Why SBI wants to 'charge' MTM losses to balance sheet

Why SBI wants to 'charge' MTM losses to balance sheet

Rediff.com   28 Feb 2014

The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.

SBI readies plan to improve profitability

SBI readies plan to improve profitability

Rediff.com   20 Feb 2014

NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.

Govt banks develop cold feet on QIPs

Govt banks develop cold feet on QIPs

Rediff.com   4 Feb 2014

Some lenders in talks with LIC for pvt placement

Rs 9,600-cr QIP: SBI spared the blushes by LIC

Rs 9,600-cr QIP: SBI spared the blushes by LIC

Rediff.com   30 Jan 2014

Mop-up misses target as big FIIs skip issue.

Fiscal deficit, bond switch worries may hit yields

Fiscal deficit, bond switch worries may hit yields

Rediff.com   18 Jan 2014

While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.