About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
'If standing in a bank or ATM line is a test of patriotism, why is not a single leader standing in that queue too?'
'This wipes out the entire black money in the nation in one stroke. Ninety per cent plus of the black money is kept in Rs 500, Rs 1,000 notes. What they have done is a brilliant move.'
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
Focus on large-caps and ensure that the portfolio is balanced.
The RBI cut rates for third time in 2015 due to favourable economic conditions.
Asset managers are betting big on ETFs these days.
Ruias to sell Essar Steel stake to strategic partners.
The total number of passenger vehicles (cars and utility vehicles) sold annually in the 1970s was 32,000 units - less than even one week's sales today.
While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
You may invest even at current market levels provided you have an investment horizon of five years or more.
Rates on tax-free bonds are linked to government securities.
The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
Women are opting out of high-flying career due to family responsibilities, says a study.
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
S Naren, CIO of ICICI Prudential Mutual Fund, in an interview with Chandan Kishore Kant, says cyclicals will offer good value.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
The new executive director of Reliance Capital has big shoes to fill in every way.
While Visa and Mastercard slug it out for leadership, analysts say RuPay has the potential to cause disruption and eat into their market share.
The month also saw Adani Power acquiring the 600-Mw Korba West thermal power plant from the Gautam Thapar-led Avantha group for Rs 4,200 crore (Rs 42 billion).
Senior Executive Director & Co Head (Strategy) of Kotak Institutional Equities Sanjiv Prasad tells Prasanna D Zore/Rediff.com that even if there are a number of challenges facing the Indian equity markets, there are certain sectors that offer a ray of hope.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
Most bankers say they will look at reducing deposit rates from April.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
With outlook uncertain for a range of sectors, no one is quite sure of where to invest in stocks
In last few years, a number of global players have exited the Indian mutual fund business.
For rest of the year, the issue is largely going to be the balance between growth rates and macro stability versus interest rates, says Sankaran Naren.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
According to Rahul Rege, business head (retail) at Emkay Global Financial Services, it is difficult to track more than 10 stocks.
'There is no change in the overall story of economic recovery.'
.jpg)
Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
The company plans to raise Rs 750 crore; other realtors may follow.
Begin with ITC. Larsen & Toubro, yes. ICICI and HDFC, yes again.
Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances