It is imperative to check the basics of a company before investing in it
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
Calling the Budget 2018 'anti-labour', the Bharatiya Mazdoor Sangh will observe February 20 as a 'black day'.
Prime Minister Narendra Modi and Home Minister Amit Shah will soon get around to reworking their organisational set-up and administrative priorities to regain lost ground in the wake of the Delhi electoral debacle, but there's third course available to them as well. That is to introduce the presidential form of government, which prime ministers Indira Gandhi and A B Vajpayee flirted with before abandoning it. Will Modi go further than them? N Sathiya Moorthy analyses the scenario.
Shah wants to focus this time on a mentoring role and help youngsters with innovative ideas live their entrepreneurship dreams by providing them a platform for "institutionalisation, globalisation and scaling up" of their ventures.
Opposition leaders will also meet the Election Commission and raise the issue of tallying the paper trail of votes with the electronic voting machine figures as directed by the Supreme Court.
The prime minister was received at the airport by India's Ambassador to the US, Harsh Vardhan Shringla, and his American counterpart Ken Juster.
'Now that the Ram mandir is done, we need to move on. And grapple with COVID-19, a sputtering economy, a belligerent China...' 'The temple may win a few more elections for the BJP, but by itself it won't solve the nation's growing problems of economic and social distress,' notes Virendra Kapoor.
Havmor will now make its next journey, across India, under the banner of South Korea's Lotte Group, the confectioner best known for manufacturing and marketing chocolate marshmellow pies under the Choco Pie brand, says Sohini Das.
'The Modi government is about privatising profits and nationalising losses.'
Founded in 2006, PremjiInvest's assets under management are worth over $2 billion across India
A five-judge Bench of Justices NV Ramana, Arun Mishra, RF Nariman, R Banumathi and Ashok Bhushan heard the petition filed by Vinay Sharma and Mukesh Singh. The duo had moved a curative petition in the top court after a Delhi court issued death warrants in their names for their hanging on January 22.
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
Timing is crucial for a short-sell, so is an understanding of likely float.
They are marching towards Delhi as part of the Bharatiya Kisan Union's protest call over demands ranging from farm loan waiver to cut in fuel prices
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
Stunning moments from across India as it celebrates its 69th Independence Day
NBFCs are mainly dependent on funding their operation from their own cash flows.
Last year, the government had announced to infuse Rs 70,000 crore in PSU banks.
US Fed rate rise raises risk of further drying up of FII flows.
'None of these three countries -- Turkey, Iran or Malaysia -- ever made a hostile move against India to support the Pakistan-based terrorist elements,' notes Ambassador M K Bhadrakumar.
Lenders taking up incubator-style roles with small investments in start-ups
NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).
Infrastructure bonds were launched by the RBI last year in a bid to help the government fulfill its plan to provide affordable housing to all by 2022
The Supreme Court on Thursday said the authorities were "not interested" and the people have been "left to suffer".
The decision to do away with Rs 500 and Rs 1,000 notes accelerated the slowdown in economic activity with growth averaging 6.8 per cent in the seven quarters after it, as against an average of 8 per cent in the six quarters preceding it, says former chief economic advisor Arvind Subramanian.
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.
After years of losing money on two of the group's biggest bets - global steel business and domestic passenger cars - there are strong signs of a revival in both businesses.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
'Should the new ISIS leadership opt for a consolidation, the Afghan-Pakistan border would be an attractive place,' warns Brigadier S K Chatterji (retd).
The Tata Steel Group has extended substantial financial support to the UK business and suffered asset impairment of more than 2 billion pounds in the last 5 years.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
A realistic assessment will tell us that not much has changed between India and Pakistan; the relationship remains as fraught as before with little prospect of reconciliation, notes Ajai Shukla.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
Given the broken balance sheet and the limited fiscal room, the government has to kick off investment: Vikas Khemani & Stephen Gallagher.
Opposition leader Imran Khan's political party on Monday decided to withdraw its lawmakers from the National Assembly and all provincial assemblies except Khyber Pakhtunkhwa, piling pressure on beleaguered Prime Minister Nawaz Sharif to quit, even as efforts by the ruling PML-N to reach out to anti-government protesters failed.