New listing on the BSE will create more jobs, say experts.
In last few years, a number of global players have exited the Indian mutual fund business.
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
Most investors find it very hard to understand when markets have over-extended themselves and look for data points to understand when a correction is due.
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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Investors prefer exits with lower valuation to staying invested for a longer term
The Street is especially looking forward to the management commentary to get a sense of its new direction
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
What explains Vijay Shekhar Sharma's optimism when other players have started to tread cautiously is Paytm's huge customer base: It has 120 million users and counting, says Nivedita Mookerji.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
Indian cricket, it seems, pays overwhelming obeisance to a vapid, old adage: The more it changes, the more it remains the same.
Describing India as an "emerging democratic superpower", Australian Prime Minister Tony Abbott on Thursday kicked off his two-day India visit during which the two countries are likely to clinch an elusive civil nuclear deal.
Bajaj Finserv has few opportunities and challenges to overcome in 2015.
As the teachers began gaining confidence, it also drew the attention of other women in the community, leading to greater demand for teaching jobs.
Control over PSU banks is what is allowing the government to drive this scheme.
With a sole mandate of inflation targeting, RBI wears many hats.
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
Budget in the medium term aims to kick-start the investment cycle.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
Infra major GMR is hopeful of maintaining strong order book.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
