'It reduces the immediate financial strain on your family and helps you take control of your finances without being dependent on your parents.'
The government's holding in the bank will not decline below 58 per cent pursuant to the QIP.
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
Bang Bang is a B-grade film made on an A-list budget, says Raja Sen.
The governor also said no life has been lost in Jammu and Kashmir due to any violence in the last 10 days
The sensor lies embedded underneath the OLED display which is almost invisible.
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
Large-screen device focused on imaging, battery and multimedia fails to match peers in price segment, says Khalid Anzar.
This will help the company reduce its debt that has doubled to Rs 40,177.6 crore in four years.
Earlier this month, market regulator Sebi had given go- ahead to the disinvestment department's proposal to give preference in share allotment to those PSUs located in states in which Neyveli's generating units were located.
Speculation that whistleblower Indian Administrative Service officer Ashok Khemka may be shifted to the Centre by the Narendra Modi government on Tuesday prompted the Congress to remark that the "association of the Bharatiya Janata Party with many officers and officials is well-known".
Rediff readers tell us what their first salaries meant to them.
The project is scheduled to be completed by March 2019, while work is expected to start by this financial year.
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
'Captain Steve Smith was distracted by one of the wires in his eye line. Both CA and Nine will continue to work together on the use of Spidercam in the broadcast coverage and will take on board any player feedback as necessary.'
Samsung has crafted a remarkable device, something revolutionary to stand out from the crowd, in the form of Galaxy S8, says Himanshu Juneja
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
'Demonstrating respect and compassion during exit meetings are important.' 'After all, how you treat people on their way out of the door does not go unnoticed by the rest of your organisation,' says Shyamal Majumdar.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Jaydeep Barman and Kallol Banerjee reveal how they built the company from scratch.
Joveo is not like Monster or Naukri.com!
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
'It's a performance that puts the Bachchan hysteria to shame,' observes Sreehari Nair.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
It's time the regulator did some introspection.
Dave Goldberg died while running on a treadmill in a gym. Sure, accidents can happen anytime but here's what you can do to keep yourself safe while at the gym.
Himanshu Juneja finds out what the handset has to offer
Mop-up misses target as big FIIs skip issue.
.jpg)
With Oil Ministry continuing to be opposed to selling IOC shares on stock market like other disinvestments, an Empowered Group of Ministers headed by Finance Minister P Chidambaram today decided to sell 24.27 crore shares or 10 per cent government stake in the company to Oil and Natural Gas Corporation and Oil India Ltd.
How does one make a smooth transition from college to corporate life? Should you take up a job or start something of your own? Is there a way you can find out?
Can a stronger platform, an all-new design, a more powerful engine and an extended feature list make the third-gen WagonR a better car than its rivals? Let's find out
The polytechnic graduate is on the front line of our war to establish a vibrant manufacturing sector in India, says Ajit Balakrishnan.
'The past few weeks in England will be remembered as much for Kohli's skilled conquest of his English demons as they will be for his dreadful reading of pitches, curious selection choices, sporadic tactical lapses, and overall inability to help his side cross the finish line,' notes Dhruv Munjal.
'We eat first, they later; we sit on chairs and they on the floor; we call them by their names and they address us by titles,' writes Tripti Lahiri, author of Maid in India.
Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.
Till date, 107 elections to states and three parliamentary polls have been smoothly conducted using the EVMs.
'It's like sometimes you go to a top restaurant and order a dish, the food quantity might be less, but if the quality and taste is good, then it leaves a mark forever.' 'As far as my career is concerned, I think I delivered quality.' 'I last played for India in 2006, but even today when people meet me they remember Kaif as the best fielder who could take some amazing catches, get run outs and save runs on the field.'
