During the fourth quarter (January-March), banks step up the activity to meet annual targets. This leads to a race to raise funds from markets often by jacking up deposit rates. This time around, the market has not seen such trend yet.
Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
Leading logistics and transport companies are willing to operate Blueline buses on certain lustre routes in Delhi. As many as 11 players have submitted their bids for operating 200 private carriage buses in the capital at an estimated cost of Rs 57 crore
The relief material from India started reaching Myanmar on Wednesday, with two Indian Air Force planes and two Naval ships arriving in the cyclone-hit country with urgently required essential supplies. India is sending another consignment of relief material by an IL-76 aircraft of IAF on Thursday to the neighbouring country, where the death toll has crossed 22,000 and is rising rapidly, revealing the extent of widespread devastation caused by the calamity.
IL&FS, which, along with IFCI and Sicom, had extended loans to the Raju family against shares of Maytas Infra, has asked the government to supersede the board of the Hyderabad-based company.
The domestic deal-making activities were hit by weak corporate governance and a huge liquidity crunch in 2019, while the global deals were also hard to come by due to various factors including uncertainties caused by the US-China trade war, which left many investors in a wait-and-watch mode.
One of the key cases influencing the debate on abortion in Ireland was that of Indian dentist Savita Halappanavar, who died of sepsis in a hospital in Galway after being denied an abortion during a protracted miscarriage in 2012.
The sites selected for commercial development in the first phase are in Delhi, Kanpur, Gwalior, Vishakhapatnam, Kolkata and Bangalore.There are about 700 acres of railway land in 107 sites across the country, which have been shortlisted for commercial development on public private partnership (PPP) basis.
First Indian prisoner of war (POW) in the Kargil conflict, Kambampati Nachiketa, is all set to fly mid-air refuellers -- a small consolation for him after an injury caused by "physical hardships" during captivity kept him away from operating fighter aircraft.
The auditors also said that the company is in the process of monetising its assets and has submitted a draft resolution plan to the consortium of bankers for restructuring its borrowings and also there have been discussions for stake sale by the promoters to a strategic partner with further equity infusion.
The Indian Air Force's on Friday conducted day-night demonstration of its combat and fire power in Pokhran, which was witnessed by President Pranab Mukherjee and Prime Minister Narendra Modi.
The tunnel would provide all-weather connectivity between Srinagar and Leh-Ladakh
Korea's squad for the 12th hockey World Cup in New Delhi.
The joint exercise will begin on December 21 with the spotlight on anti-terrorism drills, with China expected to draw upon the experience of Indian troops known for expertise gained in their counter-insurgency operations.
The Indian Air Force wants to buy unspecified numbers of Phalcon Airborne Warning and Control System aircraft from Israel in addition to the three already contracted in 2004 for $370 million each, it was reported. The air force request is near finalisation at the Ministry of Defence, sources said, but the price of the additional AWACS planes is yet to be negotiated.
A summary of sports events and sports persons, who made news on Sunday
Top Indian shuttlers P V Sindhu and Ajay Jayaram notched up contrasting victories in the women's and men's singles competition respectively to reach the semi-finals of the $120,000 Malaysia Masters Grand Prix Gold, in Kuching.
In the most recent show of force, Pyongyang put its military might on display during a parade on April 15 marking the 105th birth anniversary of the country's founder Kim Il Sung, grandfather of present ruler Kim Jong Un.
Such is the force of his oratory that many Muslims, even those who don't vote for him, have come to believe that Asaduddin Owaisi is the first and only politician who speaks up for Muslims since Independence, observes Jyoti Punwani
India has refused to accept further deliveries of upgraded IL-38 anti-submarine aircraft complaning that the plane-detection equipment is not working to specifications.
Major shareholders to buy workers' shares in northern gardens.
Aneek Dhar and Sanchita Bhattacharjee are presently out of danger.
'China's investment destination image the world over has taken a beating, therefore investors feel India is a safe haven for investments.' 'FDI is at an all-time high in India.' 'Now after such poor ratings, this FDI amount will fall.' 'Therefore, I am saying these things are happening at China's behest.'
The kids have picked their favourites!
China, which has a formal, mutual defence alliance with North Korea, is apprehensive about the stability of Kim Jong-il's regime. The Asian giant is planning to send troops to North Korea in case the nuclear arsenal falls into the wrong hands due to political instability, according to a report in the Daily Telegraph.
The Nagpur Municipal Corporation has cleared a proposal to award the work of collecting trash from the doorsteps of citizens to Infrastructure Leasing & Finance Services (IL&FS), New Delhi, and the Centre for Development Communication, Nagpur, for a period of ten years.
Commonwealth Games champion Parupalli Kashyap and young H S Prannoy registered contrasting wins in the men's singles to enter the second round of the Singapore Open Super Series badminton tournament.
Acupuncture can provide natural relief and help you return to a happier life.
North America's confectionery major Hershey Company on Tuesday agreed to form a joint venture with Godrej Beverages and Foods Ltd, in which it would acquire 51 per cent stake, to manufacture and distribute confectionery and beverages in India.
Radford will be helming the pic from a script penned by Krishna Shan, reports Variety.
'For the same level of return, you can reduce portfolio volatility significantly with a 10% to 15% exposure to international funds.'
An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
In April, the inflows into equity schemes dropped 60% compared to the previous month to Rs 4,608 crore, the lowest since Sept 2016.
Car maker Fiat India has sold its property in Kurla (Mumbai suburb) to IKG Associates for Rs 608 crore (Rs 6.08 billion). IKG is an affiliate of the financial services company IL&FS. The Italian car maker had received bids for the 53 acre plot from leading developers over the past few months.
The CII delegation includes many eminent names.
The infrastructure pack has been running up. Examining the fundamentals and technicals, Vibhav Kapoor of IL&FS and technical analyst Rajat Bose discuss the infrastructure space.\n
North Korean leader Kim Jong Il apologized to Chinese envoy Tang Jiaxuan for the difficult position it had placed Beijing with its first nuclear test.
