The agreement came in after the Ruias agreed to clear most of the Rs 26,000-crore dues to the lenders on completion of the transaction.
I would advise at least a 7 year investment time frame for Equity Investing
Lenders fret over stubbornly weak credit growth and still high funding costs.
Banks Board Bureau chief Vinod Rai has proposed performance-linked incentives for bank employees, but the staff unions are dead against the idea.
This was not Sharad Pawar or Prithviraj Chavan speaking. It was Uddhav Thackeray, the undisputed chief of the Shiv Sena!
Six Indian women have made it to Asia's most powerful women list released by Forbes.
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
Move comes in view of big debt overhang in two sectors; companies unwilling.
Move comes in view of big debt overhang in two sectors; companies unwilling.
By registering the fresh case, ED wants to strengthen its probe against the beleagured liquor baron and expedite a slew of actions it has initiated against him
This payment of Rs 962 crore is inclusive of the Rs 500 crore DHFL received from exiting its entire stake in subsidiary firm Aadhar Housing Finance Ltd.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Rs 1,199 spread comfortably across 84 months or 7 years. The rate of interest is 11-11.5 per cent, which is cheaper than a two wheeler loan.
The list acknowledges the 'inroads women are making in the business world'.
ICICI's Chanda Kochhar, ranked highest among Indian women, has been ranked second across the region
Analysts, however, said the timing of the infusion was good.
Timely preparation and picking the right questions will help you crack these examinations and secure a job.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Today, the economy requires a certain amount of push not just from the monetary policy but also from its transmission: Das.
For tapping high growth units in special economic zones, a host of Indian banks had established offshore banking units in 2003-04 in these duty free enclaves
Rajan said RBI should pay as much dividend as possible to the government, which over the past two years has run into billions of dollars
A rebound in oil prices, FII outflows and concerns over current account deficit weighed on the domestic currency, pushing it to fresh life-time lows.
If you use customised cards that suit your lifestyle needs, you could also end up availing of a variety of deals, rewards, and discounts.
J M Mutual Fund's chief investment officer (equity) speaks about his stock picking strategies. He says he is a firm believer in focusing on companies than on sectors.
We need to see if some system-level changes have to be brought about to eliminate the incentives that exist for multiple applications
SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders.
The NITI Aayog may want us to believe this is one of the easiest payment systems in the world, but Tinesh Bhasin decodes the many unanswered queries and concerns involving the United Payments Interface.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
HDFC MF has had a history of stock options and gave additional ESOPs to key staff a few months ago
Referring to the government's Make in India initiative, he said India has become a hub of mobile phone manufacturing, which has provided employment to 4-5 lakh youth in the last four years and has helped the country save Rs 3 lakh crore foreign exchange.
Last year, the software giant launched a cloud adoption programme for SMBs.
Move comes after the country's monetary authority tightened credit norms
The online channel has only been successful in making inroads in metro cities.
On Friday, the rupee fell to its 26-month low at 66.89.
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
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