While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
The relentless rally in small- and mid-cap stocks continues as large-caps show signs of fatigue. In July, the Nifty Smallcap 100 rose 8.1 per cent, extending its year-to-date (YTD) gains to 48.5 per cent, while the Nifty Midcap 100 added 3.1 per cent, taking its YTD rise to 33.5 per cent. On the other hand, the Nifty50 remained unchanged for the month, with YTD gains of 12.7 per cent.
RJio is targeting the existing base of high-value customers.
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
Most say a rate cut could come in RBI's June policy.
Both Sensex and the rupee posted slight gains on Monday but Brexit concerns lingered.
Sebi's new FPI regulation has helped attract new capital pool, up registrations.
Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.
Volatility in local share markets have hit India Inc's equity fund-raising plans, with the total deal value this year set to fall below the level seen in 2008.
In last few years, a number of global players have exited the Indian mutual fund business.
At the close, the 50-share NSE Nifty was at 8,611.15, up 19.90 points, or 0.23 per cent, after moving between 8,637.15 and 8,555.20.
Oil subsidies to fall 44% in FY15.
Possible slowdown of FII money into debt and equity markets could add pressure on currency.
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
RBI has, since January, cut its policy rate four times.
US Fed rate rise raises risk of further drying up of FII flows.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
The country imported 9.31 million tonnes (mt) of steel in FY15.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
The RBI has lowered the policy rate by 0.75 percentage points.
Firms have to adhere to strict compliance requirements mandated by global parents
Given the developments, analysts do not foresee a quick recovery.
In first half of year, firms raise more than banks on low US treasury rates.
'The IPO window has been more or less open since the new government in 2014.'
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
Mop-up misses target as big FIIs skip issue.
Since mid-July, the RBI has taken steps to tighten cash conditions, which have failed to support the rupee but sent bond yields surging, posing a fresh threat to the already cooling economy.
Continued outflows amid moderation of domestic investments are a concern
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Flight of high-paying banking jobs to other European cities will hurt the prospects of Indian real estate developers and desis in the hospitality business in the UK, says Kunal Bose.
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