Despite the current bout of volatility, debt-oriented hybrid funds remain well suited for risk-averse investors.
'The company's transition from an individuals-driven private firm to a board-driven listed public one will be carried out in a well-thought-through and well-executed manner.'
PNB has rich experience in the integration of commercial banks.
China on Monday continued its unprecedented military drills around Taiwan, extending the schedule of war games launched in retaliation to the visit by US House Speaker Nancy Pelosi to the breakaway island which Beijing claims is part of its territory.
The new bill will now be introduced in the Lok Sabha for passage in the upcoming Winter session of Parliament beginning November 29.
However, he will continue to hold 32,500 shares, 0.02 per cent of the paid-up capital, as an individual shareholder
Brokerages put sell notice on Vedanta shares over the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.
'At this moment, investors should look for relative value within sectors and clear visibility (third-wave-or-not) on earnings delivery.'
Critics who cannot stop gloating, pronouncing Modi to be a lame-duck prime minister, may be making a huge mistake, predicts Virendra Kapoor.
Unusual means of connecting with the electorate are also being adopted by ministers in the Yogi Adityanath government, who are doing their bit to reach out to the voters.
'February 11, when the results are announced, will hold the key not only to AAP's and the BJP's future, but also to the way the protests against the citizenship law, NRC and NPR evolve,' notes Amulya Ganguli.
What these elections prove beyond any doubt (if ever there was one) that Modi's hold over public mind and Shah's mastery of election management are unparalleled. It doesn't seem likely that they will be matched any time soon in the Indian political scene, reaffirms Shreekant Sambrani.
'India has many attractive features for the long-term investor; it combines: A low per capita income, a young population, and a heavier presence of high margin, asset-light firms in the technology sector.'
'India enjoys the maneuverability of a coming big power.' 'It is this possibility that has persuaded Moscow to humour India and stayed Washington from getting punitive about India's neutrality on the Ukraine issue.'
Mother and son refuse to go away despite indications blowing in the wind that their leadership is ringing the death knell of the party, observes Ramesh Menon.
Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.
The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
Lewis Hamilton assured activists that he would not let human rights issues go unnoticed.
Punjab faces many mortal threats. For most of these the people of Punjab are themselves responsible. And unless they take a brutal hard look within, their future generations have to be resigned to continue living with this constant slide, warns Shekhar Gupta.
The development has come in the backdrop of Yediyurappa openly seeking JD-S support.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Brisbane had been the preferred host, chosen in February, and the board's proposal now goes to the IOC session before the Tokyo Olympics
Britain and China have clashed over the offer of British National Overseas passports to Hong Kong residents, observes Rup Narayan Das.
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
Prime Minister Modi, who is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida, penned an op-ed on the vibrant relations between India and Japan in the Yomiuri Shimbun.
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
DBS Bank India on Monday said customers of Lakshmi Vilas Bank, which has now been merged with it, can continue to access all banking services, and interest rates on savings and fixed deposits are unchanged as of now. Lakshmi Vilas Bank (LVB) has now been amalgamated with DBS Bank India Ltd (DBIL), the wholly-owned subsidiary of DBS Group Holdings Ltd, DBS Bank India said in a statement.
The Supreme Court on Wednesday sought responses from the Centre and others on a petition seeking a direction to ensure investigation and action against those who allegedly made hate speeches during two events held recently in Haridwar and the national capital.
Kishore Biyani, the founder of Future Group, is treading cautiously with the initial public offer of his venture capital arm, Future Ventures, this time.
According to current regulations, a company's buyback offer size cannot exceed 25 per cent of its paid up capital plus reserves
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
UK-based Cairn Energy PLC on Wednesday said it has agreed to drop litigations to seize Indian properties in countries ranging from France to the UK as it has accepted the Indian government's offer to settle tax dispute relating to the levy of taxes retrospectively. Meeting the requirements of new legislation that scraps levy of retrospective taxation, the company has given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government now has to accept this and issue Cairn a so-called Form-II, that will commit it to refund the tax collected to enforce the retrospective tax demand.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent One97 Communications and policybazaar parent PB Fintech have lined up their IPOs in the first half of November to raise over Rs 27,000 crore collectively. The other three firms whose initial share-sales are set to open are Sapphire Foods India, which operates KFC and Pizza Hut outlets, decorative aesthetics supplier SJS Enterprises and microcrystalline cellulose manufacturer Sigachi Industries. The IPOs of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, and Fino Payments Bank are currently open for public subscription.
From Black Lives Matter protests in the United States to deadly floods in Japan, here's all the top stories in images from the past week.
Tejashwi, who has been chosen by the anti-National Democratic Alliance grouping as its chief ministerial candidate, is seeking re-election from Raghopur seat he won on his maiden outing in electoral politics in 2015.
Vedanta was the biggest gainer in the Sensex pack, rising 4.40 per cent. PowerGrid, Sun Pharma, Yes Bank, Tata Steel, HDFC Bank, Bajaj Finance, ICICI Bank and Bajaj Auto too ended up to 4.12 per cent higher.
India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The Pakistani-origin former Labour member of Parliament was the first Muslim mayor of a European capital city when he was first elected in 2016. The mayoral poll was due last year but was postponed by a year at the peak of the coronavirus pandemic in 2020.
