In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.
A third of FMCG sales and half of motorcycle sales come from the hinterlands
Makers of air conditioners, beverage and ice-cream are hopeful of a boost in sales
The rupee's slide to a two-year low will impact consumer durables and electronics companies, as the import content in their products tends to be high
Aditya Birla Nuvo gets board's nod, Videocon submits application.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
Most companies were working on Rs 65-66 to a dollar.
FMCG, durables, pharma firms say they remain unclear about transition gains and losses
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
Sensex rises, snapping two-session losing streak; banks, auto gain.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
Excise duty on most products has been capped at 12.5 per cent
The average rating was seven out of 10.
Double whammy for consumer firms, where the top line will remain subdued due to demonetisation and margins will squeeze owing to a crude oil spike and rupee depreciation, reports Viveat Susan Pinto/Business Standard from Mumbai.
Around 300 promoters serve their company boards for free.
Sales of refrigerators were higher this year versus last year.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
US, China and Japan have no quotas for women and have had the lowest increase in female directors.
LG, Samsung, Videocon, Sony and Panasonic have instructed their trade partners that products sold through online marketplaces without their knowledge during flash sales will not get the benefit of after-sale service and warranties.
Licence winners are expected to be announced by the first quarter of 2014.
ONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for $2.475 billion.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
Is it a last ditch attempt to reassure consumers, or a way to gain the upper hand at the negotiating table, or is it just a way of exhausting the treasure chest before the lights go out
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
Reason behind for the change in his stance: gas price increase.
Anticipation of weak sales this festive season due to deficient monsoon, especially outside big cities.
While some companies used that to become world leaders, others squandered it by over-borrowing.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
Urban markets account for the major share of total revenues.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
Consumer durables and electronics companies are putting the final touches to their festive period plans.
Recent investigations into the telecom spectrum and coal scams have made bureaucrats very wary of taking decisions.