'While I am personally pained at the raids on Dr Roy's home, I want to ask five questions of those crying themselves hoarse over the attack on the "freedom of the press",' says Sudhir Bisht.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter.
Regulators and investigators around the world have access to sophisticated tools making it possible to detect white collar crimes. This is where Indian investigators and regulators have been found wanting, says Sudipto Dey.
A total of 25 companies raised Rs 28,220 crore during the financial year.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
As a result, the forecast of eight per cent retail inflation by January next year looks achievable.
Benchmark indices gain 30% this year, buoyed by global liquidity, new government
The Centre's decision to not reduce the face value of shares of India's Crown Jewel - Life Insurance Corporation (LIC) - was taken to make shareholders feel they are acquiring something 'precious'. The face value of LIC's shares was retained at Rs 10, quoted in the draft prospectus, as it would also align the insurer's shares with those of its private sector peers. Even as the LIC Act was amended to "consolidate or reduce the nominal or face value of the shares", with the Centre's approval, it was decided to stick to the current face value of shares at Rs 10 without splitting the existing 6.32 billion shares.
S.Kumars chief Nitin Kasliwal is charged with non-performance by company shareholders in the recently help AGM of the company.
High-end brand experiments with EMIs via credit cards to push market share.
HDFC charges 9.85 per cent for women and 9.9 per cent for others.
Importantly, is there hope going forward?
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
Markets shrugged off RBI's neutral stance on key policy rates.
The analyst said since servicing of principal and interest on loans will beome challenging for mall operatos in the next couple of months.
Unified Payments Interface launched to simplify mobile banking.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
It has registered 2,000-plus money laundering cases and about 12,000 forex violation ones in the 14 years since it was established. Yet, its probes have resulted in no more than 13 convictions from nine cases of money laundering since 2005.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
The total value of India's top 100 brands has increased by 2 per cent, from $162.1 billion in 2020 to $164.9 billion in 2021, according to the latest Brand Finance India 100 2021 report. This uplift in brand value over the course of the first year of the pandemic is an impressive feat given the global economic crisis following the implementation of national lockdowns in March 2020, when business activity was brought to a halt, affecting both production and consumption. Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group.
When it comes to key hands-on management positions, India Inc is still largely run by men.
They are worried at more than one forecast of a possibly weak monsoon, reports Dilip Kumar Jha.
Mutual funds have ratcheted up Rs 53,700 crore (Rs 537 billion) through new fund offers (NFOs) in 2022 until November, against Rs 1 trillion in Calendar 2021, notwithstanding the number of launches this year eclipsing the 2021 tally. Industry insiders cite the absence of launches in popular categories as the reason behind lower collections this year. Typically, only NFOs in popular categories from major fund houses rake in the moolah.
Relations with the government, the bank's majority owner, are a tricky issue for all SBI chiefs, and, like all his predecessors, Khara will be closely watched for his equations with the finance ministry representative on the SBI board.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Financial shares were the top losers.
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
According to a source, banks have decided to infuse funds after Purnendu Chatterjee, chairman of The Chatterjee Group, agreed to invest Rs 100 crore (Rs 1 billion) as margin amount into the ailing plant.
Gains were led by index heavyweights Reliance Industries and Infosys.
Focus on large-caps and ensure that the portfolio is balanced.
'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'
Pharma shares extended losses after the government's ban on combination drugs.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
Make sure you read the policy wording. Some policies cover pre-existing diseases while others don't. Many need a minimum 24-hour hospitalisation, advises Bindisha Sarang.
CEOs of leading banks say third straight rate hike by RBI inevitable, though not desirable.
At least five companies looking to raise a cumulative Rs 6,595 crore could launch their initial public offerings (IPOs) next month after a busy August that saw eight IPOs. On Thursday, south-based diagnostic chain Vijaya Diagnostics announced its plans for a Rs 1,895-crore IPO. Ami Organics will announce its plans for a Rs 600-crore issue on Friday.
Fund transfer through Facebook is meant for tech-savvy customers.
Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.
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