India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.
'It will be like this: If you use the window seat in the first row, next will be the aisle in the second row, to maintain social distancing.' 'So, two-thirds of the aircraft is not going to be used.'
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.
Nokia Technologies will receive royalty payments from HMD for sales of Nokia-branded mobile products, covering both the brand and the intellectual property rights.
The focus is on tapping all resources, even foreign agencies.
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
Bankers of HPL too have endorsed the idea and are pitching hard for the chairmanship of Chatterjee.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
Control over PSU banks is what is allowing the government to drive this scheme.
In a first, graduating students from the Indian Institute of Management Ahmedabad (IIM-A) have decided to pledge Rs 200 per month in favour of the institute from their salaries for one year.
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
Industry players say they have learnt from the bitter experience of 2008 and have far better checks and balances in place to avoid an encore.
After a 25-year stint at ICICI Bank, Mor suddenly quit as he wanted to add more value in the bigger areas of health care and financial inclusion.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
The Indian market regulator had revamped the FPI regulations in 2014 giving custodians the mandate to collect and verify the KYC documentation of offshore investors
A summary of sports events and sports persons, who made news on Thursday
Oil and Natural Gas Corporation has deployed the best-in-class technologies in its Improved Oil Recovery and Enhanced Oil Recovery schemes on these fields.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
Ajay Piramal bets highly on infrastructure, realty
Offering few surprises, Apple Inc shares did not react strongly.
Deepak Fertilizers plans to revise open offer price to beat Mallya-Poddar efforts
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
National carrier Air India is running in losses and needs government's attention.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
If companies manage to raise Rs 10,000 crore, this will be the best year for IPOs since FY11.
Subrata Roy is in jail since March last year.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
The train with nine lightweight coaches will start its journey at 7.55 PM from New Delhi station and is expected to reach Mumbai at about 8.31 AM in the morning
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
'A law firm checked credentials of Karan Ajit Judge and Nouam'
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