The People's Bank of China cut its daily reference rate for the currency by a record 1.9 per cent, the biggest loss since January 1994.
Looking to monetise assets not in Reliance Capital's core area of business.
Historically, overall credit has grown at 1.6 times GDP growth
CRAs are getting more business than they were getting a year ago. This could indicate expectations that investment demand will rise in the mid-term, says Devangshu Datta.
Strong passenger growth will help domestic airlines improve their top line and margins.
Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global Management and Softbank to end up with a significant majority holding
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
TCS said FY15 will be a better year in terms of top line growth and the deal pipeline remains strong
Low gas prices and weakness in petchem margins lead to lower earnings estimates for GAIL.
CBDT circular issued last month had raised multiple taxation concerns.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
He was responding to a question on economic reforms in the country.
Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.
Move aimed at avoiding crowding of public issues during the Centre's mega disinvestments in coming months.
In his departure statement ahead of his week-long visit, Modi referred to Indo-US relations and said working together, the two nations can contribute to building a more peaceful, stable, secure, sustainable and prosperous world.
'All the vaccines that are available in most countries, right now, are all highly effective and safe.'
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
Intensifying competition and possibility of further legal action to test expectations of recovery.
Even after the recent developments at Infosys, both companies are expected to deliver similar revenue growth in FY17
Among India's capital-starved local banks, Essar is viewed as too big to fail.
In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he concluded that he did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove".
Vanity Fair's August issue, featuring Caitlyn Jenner, formerly known as 1976 Olympic gold medal-winning decathlon champion Bruce Jenner, on the cover was the magazine's best-selling issue in years. Covers featuring tennis aces Serena Williams, Sania Mirza and Maria Sharapova also delighted in 2015. Check them out.
After demonetisation, sharp fall in PE valuation offers an attractive entry point into some quality names and these 3 FMCG companies are expected to see the fastest growth in earnings with at least 15 per cent upside potential
Analysts are eyeing bigger launches that will positively impact company's fortunes.
On Wednesday, the Chinese authorities extended a ban on sales of shares by large shareholders.
With the government's focus on environment-friendly fuel, Indraprastha Gas, Mahanagar Gas and Suzlon's earning prospects look bright
In India, it is fighting a pitched battle against Ola.
most believed that Apple could have done more to enhance the battery life of the phones.
Artificially intelligent smartphones will be able to offer solutions and suggestions based on user behaviour.
It is up to the bank management to decide which application gets to interact with the CBS
Reports said that the two hotels can fetch up to $1 billion.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.
All shares held by SBI in the five associate banks will stand cancelled after merger.
The Indian indices also offer one of the lowest dividend yields.
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Close to 50 companies have announced stock splits this year so far, something experts say is typical in a bull phase.
Global Food Price Index showed a sharp jump in June.
'This is a tragedy that must be stopped.'
"We are willing to speak to any of their leaders," Jaitley was quoted as saying by Bloomberg News.
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