New technologies such as block chain are throwing up new opportunities; so the axe is bound to fall on those who are still stuck in the past and not reskilling themselves, says Shyamal Majumdar.
The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
Former chief minister of Goa and Congress veteran Luizinho Faleiro, resigned as an MLA and a primary member of the party on Monday claiming the state party unit is run by a 'coterie' of leaders even as he praised Trinamool Congress chief Mamata Banerjee saying the country needs a leader like her to take on Prime Minister Narendra Modi.
Sebi on Monday imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. However, a spokesperson of Franklin Templeton said they disagree with the findings in Sebi's order and intend to file an appeal with the Securities Appellate Tribunal (SAT). A fine of Rs 3 crore has been levied on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Franklin Asset Management (India) Pvt Ltd President Sanjay Sapre and its chief investment officer Santosh Kamat, according to the Sebi order. In addition, the regulator imposed a penalty of Rs 1.5 crore each on fund managers -- Kunal Agarwal, Pallab Roy, Sachin Padwal Desai and Umesh Sharma -- as well as former fund manager Sumit Gupta.
Between the new schemes and existing pension funds from mutual fund houses, the latter seems like a better option for conservative investors
Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).
Once a difficult market to crack, in recent years, China has relatively opened up its drug market, enacting reforms and speeding up approval time.
'A top Russian diplomat, Ambassador Alexander Aksenyonok told me in Sochi, Moscow is keen on a political settlement in Syria "as early as possible -- which is also our exit strategy",' says Ambassador M K Bhadrakumar.
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
Shravin Mittal's venture capital firm, Unbound Advisors, has made investments worth over $500 million so far
'We do realise it is time to have a larger ambition.'
Maharashtra's Labour Minister Dilip Walse-Patil has sought a written submission from the General Motors' (GM) Employees Union and the management of the company detailing its stance on the issue of plant closure. The labour minister asked the warring sides for submission at a hearing on Tuesday. Both sides have been given a week's time to reply.
First it was called content-led commerce. Then it came to be known as influencer-led commerce. And its latest iteration is creator economy. This evolution of the terminology for online personas impacting buying decisions -- through blogs, memes, bite-sized videos, and podcasts -- has happened over the past five to seven years.
These customers will be unable to meet the lowest recharge requirements for Jio, meaning they will either exit the market or migrate to BSNL/MTNL.
Kashyap, a Commonwealth Games champion, was trailing 8-14 in the third game when he chose to retire after pulling his calf muscle.
The Withdrawal Agreement was rejected by 432 votes to 202 - a majority of 230, the biggest defeat ever suffered by a British premier in modern history.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
Leading media firms Zee Entertainment and Sony Pictures on Wednesday said they have received in-principle approval for a merger that will combine both companies' linear networks, digital assets, production operations and programme libraries.
Russia's main gain will be that in geopolitical terms, Ukraine regains its sovereignty and ceases to be a de facto American colony, observes Ambassador M K Bhadrakumar.
K Ramalingam explains the three most powerful signals that indicate your mutual fund's performance
Bihar Chief Minister Jitan Ram Manjhi appears to be on the way out in the wake of his defiance as the Janata Dal-United is all set to replace him with his mentor Nitish Kumar at a meeting of the legislature party on Saturday.
'India is not the India of 1962. We are not carrying that baggage of history anymore.'
A home ministry official said while 9,000 Tablighi Jamaat members and their primary contacts have been quarantined till now across the country due to "massive efforts" to check the outbreak, the Centre has written to all states and union territories that "the lockdown measures should be implemented in letter and spirit".
As India reached the halfway point in the 21-day coronavirus lockdown on Saturday, some states and rail and airline operators were considering measures to relax restrictions in phases from April 15. Simultaneously, the Centre has drawn up a cluster containment strategy to contain the coronavirus pandemic within a defined geographic area by early detection of cases, breaking the chain of transmission and thus preventing its spread to new areas.
In 2018, venture debt providers cumulatively deployed Rs 1,300 crore. This year, the market is expected to absorb venture debt of Rs 1,800 crore to Rs 2,000 crore. So what makes this asset class so attractive?
Sikka has expanded the role of former SAP executive Ritika Suri.
'Neither will China -- at least for now -- because its troops are deployed in equal strength.' 'We are negotiating at equal terms right now and it's a game of patience.'
India has too many small companies and this is inefficient. It should instead have only a handful of very large players running its economy and these giants can then compete with the world, observes Aakar Patel.
Lewis Hamilton extended his lead at the top of the overall Formula standings with an unchallenged drive to victory in Sunday's Belgian Grand Prix. The Briton, who started from pole and led every lap, crossed the line 8.4 seconds ahead of team mate Valtteri Bottas who gave Mercedes a one-two finish.
While the market may remain volatile this year, analysts expect equities to deliver positive returns by outperforming inflation and government bonds, supported by the fiscal stimulus in the US.
While Wipro leads the pack on absolute numbers, analysts for Infosys for reporting consistent growth, revising FY22 guidance and beating TCS on revenue growth.
At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.
The AGP had pulled out of the Bharatiya Janata Party-led coalition government a day before the bill seeking to provide Indian citizenship to non-Muslims from Bangladesh, Pakistan and Afghanistan was passed in Lok Sabha on Tuesday.
'There is a misconception that gold is a dead asset in India.' 'Around 30 per cent of agriculture loans are collateralised by gold, Soumya Kanti Ghosh and Saket Hishikar, economists at the SBI, point out.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'The fight against COVID-19 is not a hospital fight.' 'It's a community level fight. 'If your community level measures are good, you can decrease the number of people coming to hospitals, or flatten it.'