UBS India, the domestic franchise of Swiss banking major UBS Group which last month surrendered its banking licence, has started laying off around 50 people, who are affected by the decision.
At least five state-run banks on central bank's radar for lax credit appraisal
"There was not a single decision that I took during my second tenure without discussing it with Ranga and getting valuable input from him," says Narayana Murthy.
After a 25-year stint at ICICI Bank, Mor suddenly quit as he wanted to add more value in the bigger areas of health care and financial inclusion.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
'Trading is about psychology; 75% of it is about keeping your emotions in check.'
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Yoga, wellness, meditation, Ayurveda, software and ... toothpaste - Sri Sri Ravi Shankar has successfully merged business with spirituality
The prime minister had openly said the retail sector should be open to competition, domestic and foreign.
Jigar Shah, chief executive officer, Maybank Kim Eng Securities is not certain that the DMart listing would trigger a re-rating of the Indian retailing sector.
Inflation trajectory does not match the slump in demand, prolonged pause on rates likely.
The third highest paid endorser after Virat Kohli and MS Dhoni, Sindhu is the highest paid among woman athletes and non-cricket sportspersons in the country, says Urvi Malvania.
Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term.
While the Congress is elated to see the new caste dynamics coming to its rescue, the BJP still believes that no one is leaving its ship.
The effort made to define the larger picture by focussing on history and the wish not turn differences into disputes and conflicts is welcome. In the obtaining circumstances today, nothing more could have been possible, observes Ambassador T P Sreenivasan.
The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"
Expressing disappointment over the hike in repo rate by the RBI, India Inc on Friday said a rate cut by the bank would have helped ameliorate sentiments as businesses are "reeling" under a tight liquidity crunch due to high cost of capital.
Inclusive growth is about enabling wider participation in the growth story, but the current if fiscal debate is about how to compensate losers using annual Budgets, says Rathin Roy.
With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
Budget should raise revenues & reduce spending to increase capital expenditure.
'In today's situation, it is not going to help anyone's case if they try to politically contest with the BJP on ideological issues.' 'Instead, it is best is to swim along the tide, present the more acceptable face of the cultural Hindu, but not be a political Hindu as the BJP or Mr Modi is.'
'Modi's visit is path breaking in the sense that India has come out of the closet and is prepared to deal with Israel openly and in a host of fields, military as well as civilian,' says P R Kumaraswamy, one of India's leading experts on the Middle-East, currently in Israel.
Money is being released and the government knows it will have to front-run private investment.
'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
E-commerce in India could grow to $137 billion by 2020 from $11 billion in 2013, says Morgan Stanley, and firms like Amazon, local market leader Flipkart and rival Snapdeal, backed by Japan's SoftBank, are fighting for a bigger share.
'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Javadekar, along with Piyush Goyal and Dharmendra Pradhan, is among the few ministers who have party as well as ministerial responsibilities.
Chillr recently raised $5 million from Seqouia Capital.
Harshala Chandorkar, chief operating officer, CIBIL, explains your rights and duties as a responsible consumer
'We are completely engaged in fighting poverty; alas, our neighbour Pakistan seems only engaged in fighting us.'
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
The railways continue to lose market share with an actual fall in the number of passengers and stagnant freight tonnage, says Subir Roy.
Physical assets such as gold and real estate have their own positives and negatives, while other financial assets such as mutual funds, stocks and bonds come with their pluses and minuses. Let us look at both options in a little more detail.
The Genie will contain lots of gamified apps.
