Though Dentsu Aegis says C P Arora left the business in July 2016, his Twitter handle and LinkedIn profile continue to refer to him as Group CFO of Denstu India.
Sebi will join RBI and the government in their fight against bad loans.
Their offer values Fortis at over Rs 9,000 crore, or around Rs 172 per share.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
Recent incidents suggest these safeguards perform well in simulated conditions and mock drills, but often fall short when actual threats emerge.
The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
'Real estate loans are given in the garb of retail loans, sourcing money cheap from the NHB refinance window.' 'This loophole is being plugged,' notes Tamal Bandyopadhyay.
Diageo gets assurance, Heineken may seek one, too.
J R D Tata and Air India... Mrigank Warrier explores one of India's eternal love stories.
Pulbic banks have no reason to cheer Budget announcement.
With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.
While investing in mutual funds, it is essential that you focus on the turnover rate percentage of a mutual fund, which is bought and sold every year.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
The difficult period created by some "legacy issues" are over.
The Reserve Bank on Wednesday said it plans to issue new bank licences around January, "consistent with the highest standards of transparency and diligence."
'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.'
'It is a package for a new self-reliant India.'
In March, Tata Steel announced its intention to sell the entire 10.5 million-tonne UK assets.
DDinesh Kumar Khara is someone who cares for others's ideas and suggestions.
If he takes the people along with him (which he always does); cares for the customers (80 per cent of SBI's new customers are in the 20-40 age group); and doesn't take his eyes off technology, his job is done, says Tamal Bandyopadhyay.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not
BSE proposes two models for making gold trading and investment transparent
Home buyers would be able to invoke Section 7 of the IBC against errant developers.
'A bit of foresight would have helped.' 'Isn't it common sense that this is sowing and wedding season?' 'The plan is indeed unquestionably revolutionary, but better preparedness could have avoided such teething troubles.'
IFC will act as a transaction advisor for the projects to be developed in the public-private partnership mode.
In August, RBI allowed 11 business houses to start a payments bank.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
This was good enough for Fernandes to hire Chandilya to lead his India business.
The world's largest cash transfer programme has eliminated around 40 million ghost connections
Sports Awards could to be delayed: Ministry official
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
The major reason for the policy confusion over e-vehicles is the lack of conviction within government about the utility of this disruptive technology and its role in India's larger Paris Agreement climate change commitments.
Last year, the software giant launched a cloud adoption programme for SMBs.
The revival in Mumbai's property market could help the group.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances