'When a company goes into insolvency, by definition it means that existing shareholders have been wiped out.'
Why the case for investing in passive funds is becoming stronger.
Sources close to the development said a significant amount of around Rs 7,000 crore had been put into the SBI account with a proposal on escrow of the deposited funds.
RBI may be inclined to impose severe restrictions on lending in the coming quarters.
Rera's implementation is patchy across states, and the powers of the regulator to enforce its orders are also limited.
Whether you have a two bedroom or a three bedroom house, you can convert it into a smart home starting at Rs 60,000 to Rs 70,000.
Define ownership proportionately at the time of registration to ensure that you don't face problems on taxation front.
Contrarian stocks can help investors generate much higher returns than buying shares of companies that have shown consistent high growth for years.
Investors can earn risk-free income of 6% to 8% annually by lending stocks.
New borrowers should go for banks over housing finance companies as the new benchmark -- MCLR -- is more transparent.
RBI deputy governor N S Vishwanathan has said the new framework was in line with the Insolvency and Bankruptcy Code guidelines.
ICICI's board has denied any wrongdoing, highlighting that the loan was underwritten in accordance with the bank's credit standards and was extended as part of a consortium involving over 20 banks.
SBI has twice hiked interest rates on fixed deposits within a month, but an investor still gets better returns at the post office.
The new ITR forms have shifted the entire onus on the taxpayers to prove their claim for deductions, expenses or exemptions.
And will sell its 50 per cent stake to State Bank of India in Russia as part of rationalisation of overseas branch network.
Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.
Besides the thrill of changing cars quite often, a higher tax deduction is available, experts tell Tinesh Bhasin
IBoard defends MD on nepotism charges, quashes allegations; it also reviewed its internal processes and exposure to the Videocon group
Miss the March 31, 2018 deadline to file belated tax return for FY16, and risk an I-T notice and a hefty fine.
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