LIC, the biggest institutional investor in the stock market, held 3.71 per cent stake in Infosys during the October-December quarter, which has fallen to 3.25 percent as of March 31, 2014.
The CJI has also kept with himself matters concerning arbitration, habeas corpus, criminal cases, contempt of court and ordinary civil matters.
'Everyone says never waste a crisis.' 'When we went into Covid and we were in total lockdown, we were at work.' 'The planes were not flying and we wondered what to do.' 'We looked at each of our performance metrics -- what are customers complaining about, how do employees feel, how do investors feel?'
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
Experts expect the trend to continue in the near term.
India Inc on Friday said Prime Minister Manmohan Singh's assertion that the government will not impose capital controls, although reassuring to investors, must be supplemented with tough reform measures.
The pugilists were due to start training later this month or early in August after the Boxing Federation of India got the SAI nod to conduct the national camp amid the pandemic.
As households age, they pile up debt, a peculiarity unique to Indians, a Financial Stability and Development Council report has found. Here are the key takeaways.
While regulators are trying to do their bit, the onus is on you to prove it.
For large start-ups the US market is considered to be a preferred destination, as Indian investors were seen as hesitant to pay the kind of valuation private equity investors or the US markets pay. However, Zomato's listing has quashed these notions.
'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.
The initial numbers for the last installment of advance tax payment on Thursday by top corporates based in the financial capital present a tepid growth in the levy mop-up, with banking and financial institutions leading the pack.
It had entered the segment by pumping in over $290 million.
The Institute of Chartered Accountants of India has declared the dates for its examinations.
Life Insurance Corporation of India, the country's largest institutional investor, is planning to pump in at least Rs 75,000 crore in equities during the next financial year.
A first in 7 years, the combined institutional investor flow stands at Rs 69,000 crore in 2016-17
The number of centrally sponsored schemes have increased to 35 in FY22 from 30 in FY21 and central sector schemes have increased to 704 from 685 in the previous year, reports Dilasha Seth.
Sebi has approved the norms for financial institutions setting up shop at GIF City in Ahmedabad.
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
Reduce the government stake in public sector banks to 33 per cent, recommends A K Bhattacharya
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
Jaitley said among various reforms labour laws will remain a challenge.
'Nirmalaji's Budget announcements have long-term implications and are not backed by enough money when the short-term outlook looks bleak,' notes T N C Rajagopalan.
To present revival plan to board; Naik meets PMO official.
Government is expected to rely more on divestment proceeds to keep the fiscal deficit in check
While a DFI will help banks derisk their loan portfolios, creation of a bad bank will clean up their balance sheets.
Corporates understand that the PMO drives all key decisions in this government.
The Bombay Stock Exchange is selling 41 per cent stake to 20 investors, including domestic and foreign financial institutions, for about $ 384 million - the biggest private placement of equity ever in the country.
Mannapuram Finance, Mahindra and Bharti Axa are some of the firms known to have bought office spaces worth more than Rs 100 crore
American media has taken a critical view of his accomplishments, saying his flagship 'Make in India' drive is "so far mostly hype."
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
For people at the bottom of the pyramid, which I would rather address as mass market or emerging class; the primary challenge in accessing banking services are not just affordability but applicability and accessibility of services.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
India's gold obsession needs a correction.
The current sub-prime crisis, in the medium-to-long term period, will accelerate global sourcing adoption as financial institutions are exercising the option to cut costs. The institute predicts that outsourcing from the financial services sector have the potential to increase 40-45 times the current market size over the next five years, with key drivers of growth coming from cost pressures and the timely advent of more vertical-specific offerings by offshore suppliers.
'Is baar vote jati par nahi, kaam par milega.'
About Rs 4,257 crore worth of bids have been received so far and the Centre hopes that retail investors - those investing up to Rs 2 lakh - will place bids worth at least Rs 750 crore.
'We have often heard the mythical argument that patents block access to life-saving drugs, but only 5% of medicines from multinational companies are under patent protection in India.' 'Where these patented products are beyond the reach of Indian patients, the companies have programmes to facilitate access to their drugs, for free or for a fraction of the price,' points out Ranjana Smetacek, former director general, Organisation of Pharmaceutical Producers of India.