Niche portals like Jewelsnext.com, Caratlane.com and Suratdiamonds.com are making the best use of it, apart from the traditional e-commerce players.
Bankers and industry analysts say a number of public and private sector banks have expressed willingness to offer fresh loans to Indian companies to help them repay their overseas dues maturing in the near term.
Bank will charge floating rates of interest from January.
One effect of the globalisation of Indian business has been the rise in the grant by companies to staffers of employee stock options.
Communication has instilled a sense of trust and belief among the employees.
Most companies see the next few quarters as a period of uncertainty and are trying to shift costs from fixed to variable.
Indian CEOs already have most of the skills to take on the world.
Higher returns, more liquidity draw individual investors to savings accounts.
The London campus of Pune-based TASMAC School of Business suddenly closed down on October 6. Although the exact reason for its abrupt closure remains unknown, the move comes in the wake of UK's efforts to tighten norms in tier-4 student visas.
CDR amount jumps six times in first half; bankers expect things to worsen.
Prompted by the Reserve Bank of India's increase in the key rate, the repo, banks have raised interest rates by 325-350 basis points.
The companies are integrating the latest innovations into their system for attracting customers.
Technology is fast becoming a staple diet on which restaurants live to serve patrons better.
Third-party sales force in financial sector dying slow death.
Banks and housing finance companies (HFCs) are trying to figure out their exposure to real estate projects in Noida Extension, which have come under cloud after courts cancelled land acquisition in several villages by Greater Noida authorities.
Companies say the viability of 13,000 megawatts worth of projects, which have fixed power sale tariffs, hinge on the government decision.
According to recent finance ministry data that captures the performance of public sector banks, instances of home loan defaults contributing to gross non-performing assets was the highest in the category of loans up to Rs 200,000.
RBI slams public sector banks for the strange phenomenon of profits dipping when a new chairman takes over.
Insiders say some issues that demand immediate attention include improving asset quality and conservation of capital.
Bankers' committee suggests banks lend to meritorious students without collateral.
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