'The rising cost of construction, the cost of doing business, high compliance, and inflation/interest rates going up have already reduced returns to single digits.'
Securities and Exchange Board of India said on Thursday that it will look into the issue of sacking of Britannia Industries managing director Sunil Alagh, if it is felt necessary.\n\n\n\n
An expert committee, set up by the Supreme Court to probe allegations against the Adani group following a bombshell report from a US short seller, has members with potential conflict of interest, a fresh petition filed in the apex court on Monday said.
The Enforcement Directorate on Saturday questioned Kalaignar TV MD Sharad Kumar in connection with its probe into his role in the alleged financial irregularities in the 2G spectrum allocation case.
Hyundai Motor India on Thursday said it will invest Rs 20,000 crore in a phased manner in Tamil Nadu over the next ten years to make further inroads into electric vehicles and modernisation of vehicle platforms. The automaker will invest in phases starting in 2023 till 2032. "Hyundai has been one of the largest manufacturers and consistent investors in Tamil Nadu.
Why opt for processed rava when you have a healthy, diabetic and heart-friendly recipe onn hand?
Kaizad Bharucha, executive director of HDFC Bank, emerged the highest earning banker for 2021-22 (FY22). This was revealed in a remuneration assessment of the country's top bankers, according to annual reports. Bharucha, who oversees wholesale banking at HDFC Bank, received Rs 10.64 crore remuneration in FY22, mainly due to Rs 4.46 crore as performance bonus. Although earned between 2017-18 and 2020-21 (FY21), the bonus payout was partly paid in FY22.
Bangladeshis on Sunday began voting in the general elections expected to be won by Prime Minister Sheikh Hasina in the absence of the main Opposition Bangladesh Nationalist Party (BNP) which is boycotting it.
Sebi on Tuesday restrained two Brightcom Group officials, M Suresh Kumar Reddy and Narayan Raju, from holding any managerial position in the company or its subsidiaries until further orders. Reddy is the promoter-cum-chairman and MD of Brightcom Group Ltd (BGL) while Raju is the chief financial officer. Besides, the regulator also banned Reddy from the securities market until further orders.
Broadcast cameras caught Tendulkar shadow playing that shot just after SKY had played it, his reaction summarising the awesomeness of Surya's ability to score through difficult shots.
'On hard cases like this one, the Supreme Court has only episodically stood against Parliament and the executive government.' 'I worry that this decision sets a precedent where President's rule is imposed in another state... and during the operation of President's rule, the state is fundamentally altered.'
Exuding confidence in sustaining the tempo of credit growth, public sector bankers said on Wednesday that consolidation in the public sector bank (PSB) space has given them a robust base to scale. The privatisation of PSBs can be done through divestment of government stake to a wider base of investors without haste. There is nothing to worry about at this point (high credit offtake) as underwriting standards and risk management are much better.
'The cost of financing the fiscal deficit will decrease, as new passive investors join in.'
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