Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
If the deal materialises, Angel will have to pay at least Rs 800-1,000 crore (Rs 8-10 billion) for a 51 per cent stake, valuing the brokerage at Rs 1,500-2,000 crore (Rs 15-20 billion). The talks are at an early stage.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Following recommendations from the Deepak Parekh-headed Expert Group and taking into account comments from the public, PFRDA has categorised NPS investments into three asset classes -- E (equity), C (corporate paper) and G (government securities).
The Supreme Court-appointed Committee of Administrators (COA) on Monday sacked some of the previous officials of the Board of Control for Cricket in India, including Team India's media manager Nishant Arora.
The Supreme Court on Wednesday was told that the International Cricket Council (ICC) has agreed to consider allowing three nominees from the Indian Cricket Board (BCCI) to participate in its crucial meeting in Dubai on 2 February.
Besides, two new entities-- IDFC and Bandhan -- have been given full-fledged banking licence.
Bandhan financial Services will raise funds via internal accruals.
The company's IPO -- the first by a private bank in a decade -- was oversubscribed a staggering 69.62 times.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Malaysia Airports Holdings Berhad is the minority partner with 11 per cent and 10 per cent stakes in the Hyderabad airport and the New Delhi airport respectively.
India story, pressure to invest are driving spurt in PE activity.
State plans to ask Centre to increase K-G gas allocation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The sequential expansion in margin was also going to continue as 'largely stable lending rates, coupled with traction in credit growth would support margins in the second half of FY10,' the report said.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
The current financial year would be a twilight year for the Indian information technology sector as the earnings of these companies may witness a declining trend, while there stocks could deliver positive returns, a report says.
The inflation in vegetables remained stubborn, which jumped 16.91 per cent
The report further said at a time when there is increasing concern over the funding of infrastructure projects by private players, the government has come to the rescue and its push to drive infrastructure spending can sustain the space in the medium term. It further highlighted that private players are facing bottlenecks because at present their access to capital is constrained and complete drying up of equity funding as risk aversion took over.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Infrastructure associations such as the National Highway Builders' Association say that interest rates on loans for road projects need to fall to 8-9 per cent for projects to become viable. Currently interest rates are hovering between 13 per cent and 16 per cent. The NHBA's Director General M Murli said that traffic projections made by the National Highways Authority of India should be a realistic figure.
Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.
A vacation bench of Justices M M Shantanagoudar and Deepak Gupta was informed by Guha's counsel that he had tendered his resignation on May 28 to Vinod Rai, Chairman of the Committee of Administrators of the Board of Control for Cricket in India.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Over the past two years, some 30 mid-career bureaucrats are said to have joined the private sector as COOs, CEOs and partners in consultancies.
It's the easiest thing to give people money, but the risk perception has changed, says Rajiv Lall, Managing Director, IDFC.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
State governments are gradually taking initiative as far as developing highways is concerned.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
President & CEO of IDFC Private Equity Group, Luis Miranda, spoke on various issues relating to private equity in an exclusive interview with Rajesh Bhayani.
Sources say given the complexity involved in the process of creating a holding company, which will ultimately be the parent company of banking and other businesses, banks are going slow in acquiring stakes in insurance arms or mutual funds of other lenders.
The exchange, Indian Energy Exchange (IEX), received bids for 13,176 Mwh of power when operation commenced and the transaction took place in the price range between Rs 6.46/kwh and Rs 8.01/kwh. Power will be delivered on Saturday as IEX is trading a day ahead currently.
In a filing to the Bombay Stock Exchange, Suzlon Energy said the board has also approved increasing the private investment limit in one of its subsidiary to 17.1 per cent for a consideration of Rs 400 crore (Rs 4 billion). However, the company did not disclose where it would deploy the funds raised.
The company is still short of over Rs 4500 crore (Rs 45 billion) to refinance the debt which is due before June 2 this year. The company had planned to raise the fund for refinancing through three routes. It planned to raise about Rs 4200 crore through rights issues which it managed after the issue devolved on underwriters in October as the stock prices were tumbling globally following the economic crisis.
