First things first: For those wondering if they need to reapply, the answer is no.
'There is a behavioural shift and conservativeness with companies cutting down on manpower and rationalising the number of people.'
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.
The asset quality of microfinance portfolios worsened in the quarter ending June 2024 due to the impact of heatwaves on borrowers' incomes and collections, coupled with rumours of loan waivers, according to Sa-Dhan. Jiji Mammen, executive director and chief executive officer of Sa-Dhan, said loans with 90+ days past due (dpd) rose to 1.2 per cent in June 2024, compared to 0.9 per cent in June 2023. The 90+ dpd also increased from 1.16 per cent in March 2024.
The incident took place when the policemen went to arrest some Nihangs (Sikhs armed with traditional weapons) in Sultanpur Lodhi in a case registered against them, said a senior police official over the phone.
Fundraising through qualified institutional placement (QIP) has revived this year, led by commercial banks, after a lacklustre 2022. According to data compiled by Prime Database, Indian companies have raised Rs 53,070 crore in 2023 so far, of which seven banks - Union Bank of India, Indian Bank, Bank of India, Federal Bank, IDFC First Bank, Bank of Maharashtra, and J&K Bank - account for Rs 21,290 crore, or about 40 per cent. If other financial institutions are included, the figure surges to Rs 26,690 crore.
An assistant animal keeper was injured after a lioness allegedly pounced on him at its enclosure in the Nehru Zoological Park in Hyderabad, officials said on Tuesday.
Maharashtra Deputy Chief Minister Devendra Fadnavis on Tuesday ordered the setting up of a Special Investigation Team (SIT) for a probe into the alleged attempt by a group of people from a different religion to force their way into the famous Trimbakeshwar temple in Nashik.
The 49-year-old entrepreneur oversees the media and real estate arm of Dempo Industries as its executive director.
Ramalingam Kalirajan dives into the specifics of NPS withdrawal rules to help you understand the conditions under which and when partial withdrawals are allowed.
Yunus, 84, was administered the oath of office by President Mohammed Shahabuddin at a ceremony at the presidential palace 'Bangabhaban'.
Mumbai Police Commissioner Arup Patnaik was transferred on Thursday amid mounting opposition clamour for his ouster over his alleged failure to prevent August 11 Azad Maidan violence, though the government termed it as a routine exercise.
Senior bureaucrats Avinash Joshi and Niraj Verma are among the 10 candidates who are in the race to become chairman and managing director of India's largest oil and gas producer, ONGC. Mangalore Refinery and Petrochemicals Ltd (MRPL) director-finance Pomila Jaspal and ONGC director for technology and field services Om Prakash Singh are the other prominent names in fray for the top job, according to a candidate shortlist by the Public Enterprise Selection Board (PESB). PESB - the government headhunter - will hold interviews to select the new head of Oil and Natural Gas Corporation (ONGC) this week. Both the bureaucrats are from the 1994 batch of IAS officers belonging to the Assam-Meghalaya cadre.
He is only the agent that can bring them that change for they are quite aware that he has articulated no vision on how to set Pakistan back on the rails, notes Lieutenant General Gautam Moorthy (retd).
Political parties and leaders wait with bated breath for the Haryana and Jammu-Kashmir assembly poll results on Tuesday.
Net inflows into two of the 'lower risk' equity funds - largecaps and flexicaps - outpaced the flows into smallcap funds during January 2024 for the first time in 17 months. This is an indication that investors may now be shifting to the relatively safer largecap stocks after a sharp run up in the mid and smallcap spaces. Net inflows into large and flexicap funds were at Rs 3,730 crore last month against Rs 3,260 crore by smallcap schemes.
The metro rake which had only officials and engineers on board ran under the Hooghly from Kolkata to Howrah on the other side of the river.
Let's explore three different ways to reach the Rs 100-crore mark, each taking advantage of the power of compounding, consistent investing, and some smart planning
They are also on the board of Maruti Suzuki India.
Life has come full circle for Nobel laureate Professor Mohammad Yunus, who faced persecution during Sheikh Hasina's regime for embezzlement, is now all set to head of the interim government in Bangladesh after she resigned and fled the country.
'By investing in a basket of funds, FoFs can help minimise the impact of underperforming funds, thus reducing overall investment risk.'
Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.
The Enforcement Directorate (ED) has filed its first chargesheet in connection with a money-laundering probe linked to alleged irregularities in the Delhi Jal Board (DJB), official sources said on Saturday.
Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India. G K Satish, who retired as director for business development at IOC in 2021, is one of the three new faces appointed to the 11-strong board of directors of Rosneft, according to a statement issued by the Russian firm. Satish, 62, is the first Indian to be appointed to the board of Rosneft.
The Reserve Bank on Friday superseded the board of the city-based Abhyudaya Cooperative Bank on concerns emanating from "poor governance" and appointed an administrator to manage the affairs of the lender. In what can be seen as a step that should allay depositors' concerns, the central bank did not put any restrictions or moratorium on deposit withdrawals because of the comfort it gets on the bank's finances, according to people in the know. "(The) action is necessitated due to certain material concerns emanating from poor governance standards observed in the bank.
The summit is being attended by more than 30 heads of state and top officials from the European Union and invited guest countries and 14 heads of international organisations.
'Pandemic has triggered interest and awareness among the people about the need for healthcare.'
On Monday, five Army personnel were killed and five injured when heavily armed terrorists hurled a grenade and opened indiscriminate fire on two army vehicles around 3.30 pm on the Machedi-Kindli-Malhar mountainous road near Badnota village, about 150 km from the district headquarters Kathua.
In a video that has gone viral on social media, Shubhi can be seen advising two-wheeler riders to wear helmets and four-wheeler drivers to fasten their seat belts.
The FIR was registered at Amritsar's Sultanwind police station on January 23, the police said on Wednesday.
The interim Budget proposals that will be presented on February 1 in the backdrop of the general elections scheduled in April/May 2024 are likely to have a hint of populism, believe analysts, but are unlikely to derail the government from its path of fiscal prudence.
Bankers said the outlook of M&As in India in 2024, especially in the second half after the Lok Sabha election, seems relatively better.
Do not get repair work started without informing the insurer as the latter like to carry out end-to-end verification of damages and documents before approving a claim.
Close to half of women soccer fans in England and Wales have personally experienced sexist or misogynistic abuse at matches but most have never reported it to authorities, a new study by anti-discrimination charity Kick It Out revealed on Wednesday.
Many lay folks cannot fathom the arcane language of the corporate governance brouhaha. I found that a mythological story connects very well, says R Gopalakrishnan.
Some India states are likely to record a significantly higher number of heatwave days, according to the national weather body.
Startup and venture funds on Tuesday cheered the Budget decision on the abolition of angel tax for all investor classes, terming it a "game-changer" that would remove significant barriers in growth and foster a vibrant and dynamic ecosystem. Angel tax refers to the tax that the government imposes on funding raised by unlisted companies, or startups if their valuation exceeds the company's fair market value.
Although he denied any wrongdoing, Sibal was forced to revert to Oil India on October 31 as group general manager -- a rank which he held prior to becoming the director general of directorate general of Hydrocarbons.
Equity mutual fund (MF) schemes have raked in Rs 46,200 crore in net lump-sum inflows in the past six months (ended February 2024), almost thrice the inflow in the previous six-month period.
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