There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
The Glazers are unlikely to ever be liked, let alone loved, by fans of Manchester United. The fiercely private American family that bought the famous English soccer club 10 years ago has been widely depicted by the team's fans and the British media as seeking to bleed the club dry after leveraging it up with debt.
It was unclear how bankers were deciding which jewellers to support
The EB-5 Programme has been in effect since 1990 as an opportunity for the immigrant and their family to obtain permanent residency to the US.
Indian and Pakistani movies, now in New York theatres!
The major cause of the floods in Mumbai in 2005 and in Chennai in 2015 has been the reclamation of reservoir areas and rapid, unplanned, urbanisation.
A 1990s Bollywood album. Ranbir Kapoor as Balraj Sahni. Dimple Kapadia's Crowning Glory days. Agha-Mukri-Kesto's fun, fabulous, forgotten friendship. Sukanya Verma's super-filmi week was a complete blast from the past.
For existing investors, it may be prudent to redeem their current investments in gilt or dynamic schemes and invest it in short-term funds, if the exit load is not very high, advises Malhar Majumder.
The government has changed arbitration laws, amended some 'provisions' of the Companies Act.
In a few years from now, India will be looking at an entirely different type of military adversary across the borders, in our waters, in the air, in space and in our communication networks, says Nitin Pai.
This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.
Studying wolves' howls could reveal how human language evolved.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
Weather forecasts have notoriously large error margins.
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
As the 35-year-old IAS officer D K Ravi's death rocked the Assembly with public pressure also building up for a CBI probe, Chief Minister Siddaramaiah said the Crime Investigation Department would probe the case to unravel the "truth" -- whether it was a suicide or murder or due to "some other" reasons.
Sensex firm on favourable GDP numbers for FY16.
Suitors came with all-cash offers but were rebuffed
Institutions will wait till there is more clarity on Budget.
The time is nigh for India to ensure that investment by its former citizens is encouraged by protecting their rights, says C B Patel.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
The choking of natural drainage brings monsoonal Mumbai to its knees year after year.
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Since the cash flows will be impacted in a big way, DLF will have to resort to selling non-core assets in a substantial and significant manner through the next few quarters.
The Argentinian becomes the first brand ambassador of the company in its 70-year history.
Pradip Burman belongs to one of India's most illustrious business families, one which runs the noted Dabur brand of mostly Ayurveda-based FMCG products.
She spins Bollywood tracks when she's not doing her investment consultant job.
Such investments come with their own share of risks and buyers may need to hold on for at least 5 to 10 years.
UTC India is playing up the umbrella brand of Carrier and OTIS to push integrated services.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
He, however, acknowledged that Russia and some other countries were behind the hacking of Democratic Party computers.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
The chain readies to expand its footprint as Bharti focuses on its retail venture.
India only has 3.5 million workers undergoing skills courses a year, compared with 90 million in China
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
'If we keep losing such institutions, we will soon become a city and culture of short-term memory.' 'Nothing to remind us of the years gone by and eventually with nothing to remember.'
If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.
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