The Reserve Bank is likely to hike interest rates marginally in the fourth quarter of this fiscal to give a signal to the market, a top financial sector expert said.
The board -- which includes, Kiran Karnik, T N Manoharan, former chief, ICAI, and HDFC chief Deepak Parekh, appeared relieved after a marathon run of selecting a bidder for the scam-tainted firm.
"Land is the riskiest form of speculative real estate, which is why there are huge swings in land value," said Deepak Parekh, Chairman, HDFC in a key note address at a function organised by the Federation of Indian Chambers and Industry in Mumbai on Wednesday.
Bid evaluation committee wants the combine's 'amicable extrication' from the project.
Polling for the 288-seat Assembly is being held in a single-phase on Wednesday.
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
The book, 'India Can', has received praises from top business leaders including Deepak Parekh and Nandan Nilekani.
Coal, land, insurance bills are cited as govt's commitment to reforms.
Total income increased to Rs 4,942.31 crore (Rs 49.42 billion) from Rs 3,821.6 crore during the year ago quarter," HDFC chairman Deepak S Parekh told the shareholders at the annual general meeting in Mumbai on Wednesday afternoon.
Education finance is a complex and dynamic sector. There are too many variables -- the course, the calibre of students, the universities, and the job prospects once the course is over, notes Tamal Bandyopadhyay.
.jpg)
Business leaders met Manmohan Singh to discuss the problems facing the country.
India' can't succeed unless it is made easier for people to do business.
This is reportedly the first time that the names recommended by a search committee have been shot down by the HRD ministry
HDFC, the pioneer, ICICI, the game-changer, and SBI, the original teaser, turned the market on its head.
The two entities' combined distribution network would comprise 4,182 banking outlets and 476 ATMs across 34 states and Union territories of India, with more than 31,000 employees serving about 15 million customers across the country.
Puri pointed out that government's work on agricultural constituents like functioning of the APMCs, irrigation and direct benefit transfers will help the supply side
He said cheap valuations, improving sentiment and the ongoing reform momentum coupled with increased transparency due to the internet are driving investors to the Dalal Street.
The government was hoping to roll out the GST regime from April 2016.
Banks are not allowed to lend to developers for purchasing land parcels.
RIL has also appointed McKinsey senior advisor Adil Zainulbhai as independent director and Network 18 Media & Investments (NW18) former promoter Raghav Bhel as a non-executive director on the NW18 Board.
Holding the status of the richest municipal corporation in the country, BMC will witness competitive elections with 2,275 candidates in the fray for 227 seats. Here are some famous faces flashing their fingers!
A day after over two lakh Mumbaikars, including several prominent personalities, were left disenfranchised after their names were found missing from the electoral rolls, the Bharatiya Janata Party asked the election authorities on Friday, to revise electoral rolls.
Moratorium was only a temporary reprieve to borrowers affected by the pandemic, adding that a longer moratorium period exceeding six months can impact credit behaviour of borrowers and increase the risks of delinquencies post resumption of scheduled payments.
Hailing the announcement of Raghuram G Rajan as the new RBI Governor, India Inc on Tuesday said the appointment of the former IMF Chief Economist will help bring the economy back on growth path.
Bharti Airtel Chairman Sunil Bharti Mittal said India has lost one of the finest political leaders and a legal luminary.
Ratan Tata on Friday asked it to give 'support and opportunity' to Prime Minister Narendra Modi for delivering on his promises.
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
The woman who had accused environmentalist R K Pachauri of sexual harassment, on Tuesday tore into TERI, saying the "shameful" decision of appointing him as executive vice-chairman of the green body made her "flesh crawl", and resolved to take the case to a logical conclusion.
The issue also underscores the growing scrutiny by investors and voting advisory firms of the performance of board members.
Mumbai's property markets, where prices earlier crossed Rs 1 lakh per sq. ft in South Mumbai, are seeing a 20-25 per cent markdown from last year's levels.
Aggressive Hindutva elements have also disappointed industry captains
Leaving behind the luxe life and dapper suits of foreign banks, Puri and his team at the upstart venture shared fizz drinks, wore a footwear brand popular among the middle class, shared a rat-infested space in a yet-to-be gentrified work space to plan and execute it.
Starting April 1, a non-executive director of 75 years or more can be appointed or re-appointed only by way of a special resolution, which requires 75 per cent 'for' votes.
Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
Meanwhile, Parekh and Ganguly make a strong and compelling case for FDI in retail. Read on
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances