News for 'Institute of International Finance'

Highest salary offered at IIM Lucknow is...

Highest salary offered at IIM Lucknow is...

Rediff.com30 Jan 2020

The management institute also clocked 100% placement, says Virendra Singh Rawat.

HR GURU: 'My company has put me on PIP'

HR GURU: 'My company has put me on PIP'

Rediff.com5 Dec 2022

HR Guru Mayank Rautela offers practical advice.

India may highlight Pak's inaction on terror at FATF meet

India may highlight Pak's inaction on terror at FATF meet

Rediff.com6 Aug 2020

Pakistan is yet to comply with 13 conditions out of the 27-point Action Plan of the FATF including curbing terror financing, enforcement of the laws against the proscribed organisations and improving the legal systems.

What is the cost of education in Singapore?

What is the cost of education in Singapore?

Rediff.com9 Jan 2020

Undergraduate courses indicatively cost S$23,000 to S$38,000, while postgraduate courses approximately cost S$15,000 to S$40,000.

'No Time Till The Oscar Storm Passes'

'No Time Till The Oscar Storm Passes'

Rediff.com1 Nov 2022

'We have to do everything in our power to get as many Academy members to watch the film as possible.' 'After that, I am confident, my film will speak for itself.'

Sensex hits 43,000-mark for first time; Nifty tops 12,600

Sensex hits 43,000-mark for first time; Nifty tops 12,600

Rediff.com10 Nov 2020

Bajaj Finance was the top gainer in the Sensex pack, surging around 9 per cent, followed by IndusInd Bank, L&T, Bajaj Finserv, HDFC, SBI, ICICI Bank, HDFC Bank, ONGC and Axis Bank. On the other hand, Tech Mahindra, HCL Tech, Infosys, Nestle India, Sun Pharma and TCS closed in the red.

Sensex slides again, loses 2778 pts in four days

Sensex slides again, loses 2778 pts in four days

Rediff.com15 Jun 2022

Sliding for the fourth straight day, the BSE Sensex shed 152 points in choppy trade on Wednesday amid mixed global cues ahead of the US Federal Reserve's policy decision.

10 things to know about Gita Gopinath, IMF's new chief economist

10 things to know about Gita Gopinath, IMF's new chief economist

Rediff.com6 Oct 2018

Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

Taxmen raid former NSE MD Chitra Ramkrishna's home

Taxmen raid former NSE MD Chitra Ramkrishna's home

Rediff.com17 Feb 2022

Ramkrishna is in the news after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges, in the appointment of Anand Subramanian as the exchange's group operating officer and advisor to the managing director (MD).

Sensex snaps 4-day losing streak; ends up428 points

Sensex snaps 4-day losing streak; ends up428 points

Rediff.com9 Jun 2022

Powered by a rally in index heavyweight Reliance Industries, equity benchmark Sensex broke its four-session losing run to close above the 55,000-mark on Thursday despite a weak trend overseas. Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off. However, a depreciating rupee and persistent foreign fund outflows capped the gains, traders said. Overcoming a lacklustre start, the 30-share BSE Sensex surged 427.79 points or 0.78 per cent to close at 55,320.28.

Modi at G20: Return to path of ceasefire, diplomacy in Ukraine

Modi at G20: Return to path of ceasefire, diplomacy in Ukraine

Rediff.com15 Nov 2022

Prime Minister Narendra Modi on Tuesday underlined the need for not promoting any restrictions on the supply of energy and called for ensuring stability while once again emphasising on resolving the Ukraine conflict through diplomacy.

How XLRI cracked 100 per cent placement

How XLRI cracked 100 per cent placement

Rediff.com26 Feb 2021

Within two days, the business school had 108 recruiters making 370 domestic and international offers, including 23 new final recruiters with an average salary of Rs 25.08 lakh.

Want to be an investment banker?

Want to be an investment banker?

Rediff.com27 Feb 2019

The CFA Institute is inviting applications for its Young Women in Investment initiative.

ASK HR GURU: Is it okay to moonlight?

ASK HR GURU: Is it okay to moonlight?

Rediff.com1 Nov 2022

HR Guru Mayank Rautela offers practical advice.

With 1,119 job offers, IIT-Kharagpur leads placement

With 1,119 job offers, IIT-Kharagpur leads placement

Rediff.com11 Dec 2019

IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5

Gift City, a model to emulate by other states: Jaitley

Gift City, a model to emulate by other states: Jaitley

Rediff.com13 Apr 2015

Finance Minister Arun Jaitley on Monday said state governments should emulate the concept of 'Gujarat International Finance Tec-City'

RBI mulls letting firms raise rupee debt offshore

RBI mulls letting firms raise rupee debt offshore

Rediff.com7 Apr 2015

Offshore rupee debt was likely to attract good demand

Farm laws: Centre to take states route

Farm laws: Centre to take states route

Rediff.com29 Nov 2021

'As far as contract farming is concerned, we already have a model Act and states will be encouraged to adopt them.'

Ministries told to clear Air India dues, make cash payments for tickets

Ministries told to clear Air India dues, make cash payments for tickets

Rediff.com27 Oct 2021

The government on Wednesday asked ministries and departments to clear dues of debt-laden Air India immediately and henceforth purchase tickets only in cash. The government earlier this month decided to sell Air India to Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate Tata group, for Rs 18,000 crore. The Department of Expenditure, under the Finance Ministry, in a 2009 order, had said that in cases of air travel (both domestic and international), including LTC where the Government of India bears the cost of air passage, the officials may travel only by Air India.

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Rediff.com13 Apr 2022

Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.

A Budget With An Eye On Elections

A Budget With An Eye On Elections

Rediff.com10 Feb 2023

Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.

Starbucks names Laxman Narasimhan as its new CEO

Starbucks names Laxman Narasimhan as its new CEO

Rediff.com2 Sep 2022

Laxman Narasimhan, a veteran in leading and advising global consumer-facing brands, has been named as the new CEO of coffee giant Starbucks, joining a growing cohort of Indian-origin business leaders at the helm of global corporations.

India slams Pak, OIC for raising Kashmir at UN Human Rights Council

India slams Pak, OIC for raising Kashmir at UN Human Rights Council

Rediff.com15 Sep 2021

India on Wednesday hit out at Pakistan and the OIC for raising the Kashmir issue at the UN Human Rights Commission and said the grouping has 'helplessly' allowed itself to be held 'hostage' by Islamabad.

Rupee @ 80: Imports, foreign education, travel to be hit

Rupee @ 80: Imports, foreign education, travel to be hit

Rediff.com15 Jul 2022

The primary and immediate impact of a depreciating rupee is on the importers who will have to shell out more for the same quantity and price. However, it is a boon for the exporters as they receive more rupees in exchange for dollars. The rupee depreciation has wiped away some of the gains that would have accrued to India from international oil and fuel prices dropping to pre-Ukraine war levels.

'Expect K-shaped, not V-shaped, recovery'

'Expect K-shaped, not V-shaped, recovery'

Rediff.com16 Feb 2021

'This is happening regardless of the Budget.'

Trump administration revokes new student visa order

Trump administration revokes new student visa order

Rediff.com15 Jul 2020

The announcement comes as a big relief to international students, including those from India.

Markets decline nearly 1%; Sensex sinks 537 points

Markets decline nearly 1%; Sensex sinks 537 points

Rediff.com27 Apr 2022

Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday due to profit booking in banking, financial and IT stocks after a recent rally. The 30-share BSE Sensex plunged 537.22 points or 0.94 per cent to end at 56,819.39 as 24 of its stocks declined. During the day, it tanked 772.57 points or 1.34 per cent to touch a low of 56,584.04. The broader NSE Nifty declined by 162.40 points or 0.94 per cent to 17,038.40 with 39 of its constituents ending in the red. Bajaj Finance was the biggest loser among Sensex stocks, dropping by 7.24 per cent.

Sensex falls 215 points in volatile trade post RBI policy

Sensex falls 215 points in volatile trade post RBI policy

Rediff.com8 Jun 2022

Equity benchmarks extended their decline for the fourth straight session on Wednesday, with the Sensex falling 214.85 points after the Reserve Bank raised the key interest rate by 50 basis points. Continuous foreign fund outflows and surging crude oil prices also weighed on markets. The 30-share BSE benchmark dropped 214.85 points or 0.39 per cent to settle at 54,892.49.

World Bank arm to sell 1.8% stake in Bandhan Bank

World Bank arm to sell 1.8% stake in Bandhan Bank

Rediff.com2 Jan 2018

Bandhan Bank has filed a draft red herring prospectus with Sebi for an IPO of up to 119 million equity shares, with face value of Rs 10 each.

Will the entry of PEs into banks lead to better governance?

Will the entry of PEs into banks lead to better governance?

Rediff.com24 Mar 2022

Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.

Not eyeing tie-ups to start Bandhan Bank: Ghosh

Not eyeing tie-ups to start Bandhan Bank: Ghosh

Rediff.com7 Apr 2014

Bandhan financial Services will raise funds via internal accruals.

Dear Nirmalaji, are you listening?

Dear Nirmalaji, are you listening?

Rediff.com31 Jan 2021

Dr Samar Sen Popuri from Hyderabad tells Rediff.com's A Ganesh Nadar what he would like to see in Finance Minister Nirmala Sitharaman's Budget.

India Inc's missing whistle-blowers

India Inc's missing whistle-blowers

Rediff.com21 Jul 2022

The latest whistle-blower revelations of multiple shenanigans at global ride-hailing app Uber, coming thick and fast after serial exposes of various dodgy practices at Facebook, Apple, Amazon, Netflix, Google in the recent past raises uncomfortable questions about India Inc. If the FAANGs, Twitter and Uber can be guilty of multiple and diverse transgressions what's happening in Indian corporations? It can be nobody's case that India's largely family-owned and - managed private sector is a beacon of transparency or best corporate governance practices, bolstered as it is by an informal omerta among employees, managements and even boards.

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Rediff.com17 Jun 2022

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

'Why are even our sewing needles made in China?'

'Why are even our sewing needles made in China?'

Rediff.com8 Jul 2020

'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'

Ruble becomes best-performing currency in March

Ruble becomes best-performing currency in March

Rediff.com31 Mar 2022

The ruble has recouped most of its losses and become the top-performing currency globally. It continues to gain and is up 60 per cent against the US dollar from its lows in the first week of March. The ruble appreciated to 83 to the dollar intraday on Tuesday against a record low of 139 on March 7.

US, allies cut off Russian banks from SWIFT

US, allies cut off Russian banks from SWIFT

Rediff.com27 Feb 2022

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.

Budget has a vaccine for banking's virus

Budget has a vaccine for banking's virus

Rediff.com17 Feb 2021

Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay.

Companies with worst corporate governance scores

Companies with worst corporate governance scores

Rediff.com19 Dec 2019

Recently listed companies scored 54, compared to 58 for the BSE100 firms and 61 for entities in the Sensex pack. The report noted that issues remain in IPO companies in which there seems to be a need to institutionalise governance practices.