In the past few months, 45 companies have signalled their intent to raise money through the institutional placement route.
As liquid tightening measures were likely to be temporary, any change in lending rates would depend on the length of these measures, according to bankers.
SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders.
The possible date for bidders to submit a resolution plan to the adjudicating authority -- National Company Law Tribunal (NCLT) -- is September 27.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
HDFC, the pioneer, ICICI, the game-changer, and SBI, the original teaser, turned the market on its head.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
Life insurers are launching these again. Invest if you are conservative.
As a percentage of the aggregate Budget expenditure, it is 12 per cent.
'I want to leave behind the bank stronger and better than when I took over.'
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
The April 2 Supreme Court order quashing the February 12, 2018 RBI circular (which ended all debt recast plans even on a one-day default) put paid to the resolution plan as banks were left with no leeway to restructure the loan and pay the promised Rs 1,500 crore interim funds.
A lot of work is needed to be done on the part of the insurance sector behemoth, and the government, before it is ready for its market debut.
Bids for the issue, which opens on January 23 and closes on January 25, can be made for a minimum of 18 shares and in multiples of 18 thereafter.
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
The yellow metal is a safe bet in the long run.
Centre plans to acquire land and then give it on lease to miners.
Banks are direct stakeholders and are dealing with commercial matters of the airline where the ministry would not like to intervene: Prabhu
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group
TCS and Infosys were the top losers in the Sensex pack, falling up to 3.39 per cent.
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.
Stocks such as ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected to help stabilise their net interest margins
7 million jobs will be created in formal sector in FY18
Investors with stalled projects and mounting bad debt will refinance their loans.
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
BSE, the oldest stock exchange in Asia, aims to raise up to Rs 1,243 crore from the IPO, which has a price band of Rs 805-806 per share.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
The recovery was led by pharma majors led by Dr Reddy's Labs.
High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.
Dalal Street is bullish on invest
RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
