Shreepad S Aute &Amp;Amp; Abhijit Lele

Stories by Shreepad S Aute &Amp;Amp; Abhijit Lele

Banks form GM-level teams for merger ease

Banks form GM-level teams for merger ease

Rediff.com   5 Sep 2019

Banks are also weighing the option of hiring experts for help in specialised areas.

Why FMCG companies are likely to lose their sheen

Why FMCG companies are likely to lose their sheen

Rediff.com   10 Jul 2019

Delay in demand recovery and higher stock valuations mean low safety margin, say analysts.

Colgate's investors will have to wait a while to get their smile back

Colgate's investors will have to wait a while to get their smile back

Rediff.com   7 Jul 2019

Analysts expect Colgate's overall volume growth to remain in single digits (around 5-6 per cent) for the next two years.

Lenders cautious as Cox & Kings defaults on commercial paper of Rs 200 cr

Lenders cautious as Cox & Kings defaults on commercial paper of Rs 200 cr

Rediff.com   4 Jul 2019

Cox & Kings had a total debt of Rs 3,238 crore at end of FY19 and this included both short-term and long-term loans.

Slow loan growth confirms India is not shining

Slow loan growth confirms India is not shining

Rediff.com   29 Jun 2019

While slowdown was prominent in vehicle loan segment, home loans growth improved to 18.7% in May 2019 from 15.5% a year ago.

DHFL promoters exit WGC Wealth to repay debts

DHFL promoters exit WGC Wealth to repay debts

Rediff.com   28 Jun 2019

Lenders to DHFL will meet early July to hammer out a rescue package, which will include the reworking of loan payments, fresh working capital support, roping in a financial investor, and the promoters ceding control.

Loans by NBFCs plunge 31% in Q4

Loans by NBFCs plunge 31% in Q4

Rediff.com   25 Jun 2019

With liquidity crunch hitting operations, many finance companies have put the brakes on sanctions in the third quarter in the aftermath of the IL&FS crisis.

HDFC to acquire Apollo Munich Health Insurance for Rs 1,347 crore

HDFC to acquire Apollo Munich Health Insurance for Rs 1,347 crore

Rediff.com   20 Jun 2019

The merged entity will have a combined market share of 6.4 per cent in the non-life insurance industry with 308 branches in the country. The deal is subject to regulatory approvals and the entire process is expected to be completed in nine months.

Anil Ambani on why there's sharp fall in his group firm shares

Anil Ambani on why there's sharp fall in his group firm shares

Rediff.com   19 Jun 2019

He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.

Why RBI's risk draft has little to cheer NBFCs

Why RBI's risk draft has little to cheer NBFCs

Rediff.com   27 May 2019

An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.

Things are simply getting worse for Anil Ambani

Things are simply getting worse for Anil Ambani

Rediff.com   8 May 2019

Debt-ridden Reliance Capital ready to cede control in home finance - Blackstone, Carlyle, Brookfield, and Piramal group are in talks to buy a large stake in Reliance Home Finance.

Summer stocks for your portfolio

Summer stocks for your portfolio

Rediff.com   8 May 2019

Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.

Bankers weigh all options to save Jet

Bankers weigh all options to save Jet

Rediff.com   3 May 2019

Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.

Why Indiabulls is ready to exit real estate business

Why Indiabulls is ready to exit real estate business

Rediff.com   26 Apr 2019

Chennai-based Lakshmi Vilas Bank is set to merge with Indiabulls Housing Finance in a share-swap deal, RBI may not be comfortable with a bank owner having realty business under its wings.

Why the Street prefers TCS over Infosys

Why the Street prefers TCS over Infosys

Rediff.com   23 Apr 2019

While growth metrics for Infosys was skewed to a single vertical and it is struggling to get a handle on costs, TCS has been able to manage growth and keep cost inflation under control.

Why corporate credit may grow in next few quarters

Why corporate credit may grow in next few quarters

Rediff.com   22 Apr 2019

With average capacity utilisation now touching 76 per cent, Indian companies are going back to the drawing board to add capacity but the plans to build new factories and plants are still some months away.

Pay up, make peace: Promoters make one-time settlements with banks on loans

Pay up, make peace: Promoters make one-time settlements with banks on loans

Rediff.com   5 Apr 2019

Lenders say settlements will cross over 100 accounts in the March quarter.

SC order on RBI circular: How it will hit banks

SC order on RBI circular: How it will hit banks

Rediff.com   3 Apr 2019

Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.

4 major debt resolution cases delayed further

4 major debt resolution cases delayed further

Rediff.com   1 Apr 2019

The delay will increase the provisioning burden on lenders and will also postpone the benefit of reversal of money set aside as provisions.

Slow progress at debt recovery tribunals irks banks

Slow progress at debt recovery tribunals irks banks

Rediff.com   27 Mar 2019

Lenders send 'SOS' to the finance ministry on the tardy decision making and pile-up of cases at the Debt Recovery Tribunals and its appellate forum the Debt Recovery Appellate Tribunal.