Buoyed by the success of secondary market, IPO market set to see high action
Markets have gone into a tailspin, the Modi govt must revive investment sentiment.
The government has spent a little less than one-third of the Budget estimate of capital expenditure, it can still spend about Rs 20,000 crore this year without disturbing its fiscal deficit target.
The bigger worry is that its effects could linger well into the next financial year.
Three IPO documents were recorded after the new govt took charge - Adlabs, Lavasa Corp and Monte Carlo Fashions.
National carrier Air India is running in losses and needs government's attention.
TCS hopes the Rs 2,628-crore (Rs 26.28 billion) bonus to its employees will help contain the high attrition level.
Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.
The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
'The IPO window has been more or less open since the new government in 2014.'
'We are making a transition from governance to campaign mode.' 'The speed of execution is picking up,' says Union Minister Jayant Sinha.
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
The Economic Survey states that the rationalisation and reprioritisation of subsidies through better targeting would play a vital role in fiscal consolidation and in targeting expenditure more towards inclusive development.
The bank's profit is buoyed by robust growth in its commercial banking and mortgage businesses.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
Listing the Delhi Metro on the stock exchange is one way to enforce financial and project discipline.
The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.
'The disquiet in the Sangh is, of course, over demonetisation.' 'But more than that, it is about the growing centralisation in the running of the government and party,'
In 2015-16, reforms will take hold, growth in GDP, will accelerate, and government processes and statutory clearances will speed up
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
'The Left is dying, but its economic ideology rules, unchallenged.' 'Modi is its newest standard-bearer.' 'Even in today's bitterly polarised politics, if there is one thing on which not just the BJP and Congress, but all other parties agree, it is that socialist economics is the only way to survive,' says Shekhar Gupta.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
.jpg)
Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.
Does the Union government or the RBI see itself as Krishna beheading Shishupal and what will constitute the 101st or indeed the past many sins for which a Sudarshan Chakra will have to be used? More importantly, what are those sins?
In the last two months, these stocks have lost nearly a quarter of their market cap.
In the last two months, these stocks have lost nearly a quarter of their market cap.
Surplus in March, the last month of a financial year, has helped the government reduce fiscal deficit in the last few years.
Ruias to sell Essar Steel stake to strategic partners.
Benchmark indices finished higher on hopes of economic reforms
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
.jpg)
The Sensex was around 18,600 by the end of August.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
The value of the index, adjusted from its all-time high for the relative loss in the rupee's value, is close to sub-10,000 levels.
.jpg)
The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
