Swati Pandey And Aditi Shah

Stories by Swati Pandey And Aditi Shah

Property tycoon KP Singh's future in doldrums?

Property tycoon KP Singh's future in doldrums?

Rediff.com   18 Oct 2014

It has been a difficult year for Singh, whose fate from the start has been closely tied to that of the Gandhi family.

Weak monsoon rains could hurt auto sales

Weak monsoon rains could hurt auto sales

Rediff.com   11 Jun 2014

Weak monsoon rains could have a negative impact on India's automobile sector which is seeing early signs of improvement with the sale of passenger cars and utility vehicles rising in May.

ICICI posts slowest quarterly growth in four years

ICICI posts slowest quarterly growth in four years

Rediff.com   29 Jan 2014

ICICI Bank Ltd, India's biggest private sector lender, posted its slowest quarterly growth in four years as asset quality worsened and funds set aside for bad loans and contingencies almost doubled from a year earlier.

Indian banks seek refuge in home loans, crowd onto HDFC's mortgage turf

Indian banks seek refuge in home loans, crowd onto HDFC's mortgage turf

Rediff.com   22 Jan 2014

The biggest private sector lender, are swarming the market with discounts and special offers

HDFC Q3 net profit rises 12%, meets estimates

HDFC Q3 net profit rises 12%, meets estimates

Rediff.com   22 Jan 2014

The lender has said it is betting on increased loan demand in smaller cities to boost growth in a slowing economy.

UCO Bank looks to life after Iran sanctions windfall

UCO Bank looks to life after Iran sanctions windfall

Rediff.com   5 Dec 2013

An obscure Indian bank has been an unlikely beneficiary of Western sanctions against Iran, handling billions of dollars from frozen oil payments that boosted its interest margins, but is now having to prepare itself for life after the windfall.

RBI proposes new capital rules for banks too-big-to-fail

RBI proposes new capital rules for banks too-big-to-fail

Rediff.com   3 Dec 2013

With the economy growing at its slowest rate in a decade, India's banking system is facing rising levels of stressed loans, with $100 billion, or about 10 percent of the total, categorised as bad or restructured.

SBI posts steepest quarterly profit fall in over 2 years

SBI posts steepest quarterly profit fall in over 2 years

Rediff.com   13 Nov 2013

SBI, which accounts for a quarter of the country's loans and deposits, said on Wednesday its net profit fell 35 per cent to Rs 2,375 crore (Rs 23.75 billion) in the quarter ended September.

HDFC Bank quarterly profit growth slowest in a decade

HDFC Bank quarterly profit growth slowest in a decade

Rediff.com   15 Oct 2013

Net profit rose to Rs 1,982 crore (Rs 19.82 billion) in the quarter ended September 30 from about Rs 1,560 crore (Rs 15.6 billion) a year earlier, the bank said on Tuesday. Net interest income grew nearly 15% to Rs 4,480 crore (Rs 44.8 billion).

SEBI issues draft regulations for REITs

SEBI issues draft regulations for REITs

Rediff.com   10 Oct 2013

It was put on hold in 2008 after the global financial crisis.

Indian companies apply for banking licences: The complete list

Indian companies apply for banking licences: The complete list

Rediff.com   2 Jul 2013

Licence winners are expected to be announced by the first quarter of 2014.

DLF posts first ever quarterly loss, misses estimates

DLF posts first ever quarterly loss, misses estimates

Rediff.com   31 May 2013

DLF, which builds homes, offices and shopping malls, has lost about 61 per cent of its value since listing on the stock exchange in 2007, underperforming the wider market.

Competition in SUVs bound to hit market share: Mahindra

Competition in SUVs bound to hit market share: Mahindra

Rediff.com   30 May 2013

The market shares has already tumbled to 48 per cent from the earlier 56 per cent.

Unilever to raise stake in HUL in $5.4 billion offer

Unilever to raise stake in HUL in $5.4 billion offer

Rediff.com   30 Apr 2013

There will be more incentive for the parent company to share technology with the Indian unit.

ICICI Bank net profit up 21%, meets forecasts

ICICI Bank net profit up 21%, meets forecasts

Rediff.com   26 Apr 2013

The bank posted a net profit of about Rs 2,300 crore.

HDFC Bank net profit up 30%

HDFC Bank net profit up 30%

Rediff.com   23 Apr 2013

HDFC Bank met forecasts with a 30 per cent rise in quarterly profit led by higher loan growth, fee income and stable asset quality.

DLF board to discuss share sale on Wednesday

DLF board to discuss share sale on Wednesday

Rediff.com   5 Mar 2013

To bring down promoter stake to comply with minimum public shareholding rules.

SBI doesn't expect to recover much from KFA asset sale

SBI doesn't expect to recover much from KFA asset sale

Rediff.com   14 Feb 2013

The consortium might get about Rs 1,000.

Despite concerns, India to let corporates into banking

Despite concerns, India to let corporates into banking

Rediff.com   11 Feb 2013

India will soon allow corporate houses to open banks despite misgivings within the RBI.

Morgan Stanley in talks with Wadhwa for a realty deal

Morgan Stanley in talks with Wadhwa for a realty deal

Rediff.com   8 Feb 2013

Wants to jointly develop the office space at Bandra-Kulra Complex.