Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
The poor and unbanked can take their rightful place as consumers of financial services only if the Modi government encourages different entities to advance the financial inclusion agenda, say Vikram Gandhi & Chandni Ohri.
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.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
The event will be significant for the Congress and Trinamool Congress leaderships, cementing the proximity during the winter session of Parliament.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
Double tax exemption on wages paid to women can encourage companies to hire, retain and compensate women better, argues Nitin Pai.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
But, unlike its competitors, it did not have a comprehensive infrastructure back-end and required fresh investments.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
