Be a disciplined investor for attractive returns, says fund managers.
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
Murkumbi will continue to retain his post till the stipulated notice period of 90 days or completion of open offer by Wilmar, whichever is later.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
As the new ecommerce paradigm works its way through multiple sectors of the economy it is likely to encounter legal challenges, says Ajit Balakrishnan.
The broader markets closed in tandem with their large counter parts- BSE Midcap and Smallcap indices lost 0.065 and 0.10%, each.
For both India and China, the most likely option -- and the most challenging -- appears to be a freezing of the status quo.
The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.
Uber's draft prospectus for the biggest IPO in the world since Alibaba's in 2014 has projected a major cash burn for Uber in trying to get a significant market share in India, reports Karan Choudhury.
The FM said an announcement with regard to the additional steps will be made after consulting Prime Minister Narendra Modi.
Yale University has issued a statement saying that Human Resource Development Minister Smriti Irani attended a weeklong programme and received a certificate from the university last year, along with several other lawmakers from India. George Joseph/Rediff.com reports from New York
Launches of new homes reduced drastically this year.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
After a long time, real estate companies could hit the fund-raising trail. The reason is improvement in investor sentiment.
Few top honchos of India Inc did very well in 2014.
The success stems from Titan's betting hard on wedding jewellery over the last three years. It now contributes 20 per cent to revenue.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
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To a question on by when he expects investments to pick up, Jaitley said: "We are quite close to that point because there are a large number of investors who are waiting to come in and they only want to be doubly sure about the credibility of the decision making process and the stability of the policies."
Both Obama and Modi have taken bold steps towards laying the groundwork to give a big push to Indo-US trade, and now it's time to execute, says Bikash Mohapatra.
'Dr Singh, visibly relieved, said, 'Yesterday night I couldn't sleep. I stayed awake, praying throughout. You have saved the country'.' A fascinating excerpt from former atomic energy chief Dr Anil Kakodkar's memoir Fire And Fury: Transforming India's Strategic Identity.
'I believe having the right attitude, working hard for what you want and taking no for an answer gets you over any hurdles that are on the path to success.'
Special Judge Ajay Kumar Kuhar said the CBI demand was "justified" that Chidambaram has to be further interrogated in its custody.
The prime minister made the reference about the functioning of the Parliament against the backdrop of the virtual washout of its Monsoon session over various issues.
Considering the common linkages, high-level trust, complementarities, and convergent interests between the two nations, Malaysia has the potential to become India's key partner in Southeast Asia, says Dr Rahul Mishra.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
At the time of filling the KYC (Know Your Customer) documents (when joining), do not sign wherever you are asked to. In particular, look closely at the power of attorney (PoA) section, experts tell Sanjay Kumar Singh
'Helpful neighbours, useful nuggets of information keep the people going as supplies run low.'
The department will impose a penalty, which could be between 30 per cent and 120 per cent.
While larger companies like Nestle India, Britannia and the like are often mentioned, some mid-cap companies are also expected to grow at a rapid clip.
The Chinese billionaire and founder of Alibaba is said to be planning a significant investment in business to business e-tailing as well as payment services and logistics companies.
'Modi's political economy is more inspired by Indira Gandhi than Vajpayee.' 'She so wanted an Opposition-mukt Bharat.' 'Sounds familiar?' asks Shekhar Gupta.
Only he, with his tremendous political capital and personal stature, can pull it off, observes B S Raghavan, the veteran civil servant.
'Britain always had a very special relationship with the EU -- it always was an on/off relationship. It retained its own currency and visa.' 'Britain always had what you call in EU lingo 'opt out clauses', which other countries don't have.'
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
Modi is optimistic that the reforms will be passed soon.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
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