SBI might present the first result for the combined entity at the end of the first quarter of 2017-18
The move will help telcos, including Reliance Jio, Vodafone, and Idea Cellular
The Indian government will present the annual budget for 2016-17 on February 29.
With a new $100-billion technology fund, SoftBank is likely to go after market leaders.
The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
For the March 2017 quarter, Wipro expects revenues from IT services business to be in the range of $1,922 million to $1,941 million.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
Coca Cola is pumping in about $250 million to consolidate its bottling operations in India.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
Rising rural distress due to back-to-back droughts have put pressure on FM to spend more on social schemes; no change in tax slabs likely
The larger virtue of maintaining fiscal credibility should not be unduly diluted by quibbles on the fiscal math, says Sajjid Chinoy.
.jpg)
The impact the Economic Survey had on the Budget proposals and the influence the Prime Minister wielded on them deserve close attention.
US interest rate normalisation policy is likely to keep global FX markets volatile.
Quelling fears of a takeover by Ola, which is also funded by Uber's major investor SoftBank Group, the US-based cab aggregating giant made it clear that the company was not ceding its position in India, one of its core markets.
Beating market expectations, Infosys had reported a 13 per cent jump in consolidated net profit for the third quarter
Among other things, the agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector
In 2015, foreign investors slowed net buying of Indian equities.
Each scam that comes out in the open shows the regulators to be miles behind.
The immediate revenue loss could worsen the Centre's fiscal deficit, from the budgeted 3.3 per cent of gross domestic product (GDP) to 3.7 per cent of GDP -- a massive 40-basis-point increase. It was stabilised at 3.4 per cent since 2016-17, report Abhishek Waghmare and Dilasha Seth.
India, Asia's third-largest economy, is likely to grow 5.3 per cent in 2013, the OECD said, lower than the November forecast of 5.9 per cent.
Single window clearances for realty must.
'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.
The S&P BSE Sensex has gained 149 points to open at 25,802.
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
As their parties are locked in a fierce battle for Bengal, Tathagata and Saugata Roy, siblings who belong to the BJP and the TMC respectively, answer the same questions put to them about the assembly election.
Several exemptions have been given to reduce the cost of raw materials.
RCom shares fell 0.34 per cent to Rs 145.50 at the close on the BSE.
Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
The government kept its nerve in the face of a massive shock. It chose not to resort to a massive fiscal stimulus. It focused instead on providing liquidity support and easing restrictions on movement in stages, observes T T Ram Mohan.
The revived factionalism in the AIADMK, if not curbed now, has the potential to split the party vertically, warns N Sathiya Moorthy.
India's rank in the World Bank's ease of doing business index cannot get better unless more attention is paid to bringing about procedural reforms in the way states run their governments and provide various approvals for trade and industry, says A K Bhattacharya.
'One lesson to emerge out of the Modi-Putin summit is that India can be more self-confident that it possesses inherent strengths to leverage its interlocutors to influence Pakistani policies,' says Ambassador M K Bhadrakumar.
Investors booked profits in recent gainers
