Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.
Profit from its retail business jumped 77 per cent to Rs 1,923 crore and that from telecom rose by 78.3 per cent to Rs 2,665 crore.
The DoT report is expected by the end of the month.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
Start-up Belong.co uses an unconventional way of hiring that trusts more on data available on social media or tweets than the resume.
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Rohan Murty was speaking at the 50th anniversary symposium of the computer science department at Cornell University.
To attract capital into infrastructure projects, the ratings system needs a fresh look.
Vodafone India, the nation's second-biggest telecom firm, is planning to invest Rs 7,100 crore in the next 2-3 years, mainly on rolling out 3G networks.
Vistara reported a passenger load factor of 45.4 per cent.
Not just e-commerce players, even spirits majors are banking on artificial intelligence and chatbots to offer newer, quicker, smarter services. Shivani Shinde Nadhe reports.
Rediff.com gives you a lowdown on the net neutrality issue that is today part of the national discourse.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
If he doesn't, two things are guaranteed: Failure for him, and continued slide for his nation despite its talented people, strong nationalism, the gift of geography and a formidable army, points out Shekhar Gupta.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
With EU, it is part of the FTA that we will need to negotiate.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Health insurance has almost 23 per cent market share in the general insurance space.
With big dreams and high hopes of earning lakhs or even crores, more and more youngsters are getting into software development for smartphones.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
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