Pharma, insurance and consumer goods companies try to tap the business opportunity
This move to make it easier for funds to avail of tax exemptions.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Insurer seeks leeway to invest in sub-AAA-rated companies.
Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.
Commerce and Industry Minister Piyush Goyal urged start-ups to focus on three Ps - product, process, people - for building Aatmnirbhar Bharat.
'We will see a kind of disaster which the country has not seen in the last 100 years.'
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
A lack of adequate disclosures raises the financing costs of corporate firms, especially sub-investment grade ones, and keeps the capital markets small, believes RBI deputy governor Viral Acharya.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
'Despite the current tension at Doklam and the risk of escalation on the Himalayan land frontier, it is the Indian Ocean we need to worry about more,' says Nitin Pai.
Entities reluctant to get into new segment till settlement and margin issues are addressed
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
Fraud-hit Punjab and Maharashtra Cooperative (PMC) Bank on Tuesday invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction. Subsequent to commencement of the normal day-to-day operations, it will be open for the investors to convert the bank into a small finance bank by making an application to the RBI, the lender said.
'Make sure your public hospitals work.' 'Don't allow people to go shopping for expensive services; provide them yourself as the government and then charge them very little or nothing at all.'
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.
2019 appears a story of two halves for Indian equities - a more difficult first half might precede a stronger second half, said Abhiram Eleswarapu, bottom, left, Head of India Equity Research, BNP Paribas in an interview with Ashley Coutinho.
With the Reserve Bank of India's (RBI's) draft reconstruction scheme for the troubled lender suggesting a permanent write-down of these bonds outstanding as of March 5, bondholders who have invested RS 10,800 crores are up in arms, reports Hamsini Karthik.
LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said
The IL&FS group has a complicated structure, with the holding company owning stakes in its financial services arm as well as the subsidiaries that operate its infrastructure assets.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'
The session was organised in the backdrop of upcoming new Companies Act which is touted to have very strong provisions for both executive and independent directors, said Nitin Mankad, chairman, CII Central Gujarat Zonal Council.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
IHMCL implemented the FASTag electronic tolling of national highways, but due to technical glitches, road ministry is mulling the option of offering this job to a Korean company
Japan's Orix Corporation, which was in talks with Reliance Industries (RIL) to sell its 23.87 per cent stake in Infrastructure Leasing and Finance Company (IL&FS), has bowled a googly.
The ripples from November 8 may be seen in next year's state budgets.
Ahead of Reserve Bank of India's 's slack season Credit and Monetary Policy, Life Insurance Corporation, one of the biggest players in the financial sector
General Insurance Corporation plans to tap professional institutions like Indian Institute of Technology and Indian Institute of Management for young managers after cutting flab through a voluntary retirement scheme in the next fiscal.
'Everyone wants that doctors should fight from the frontlines of the pandemic, but there's no reaction from the government when they fall ill or even die because of it.'
Ramesh Vangal and foreign investors backing him have decided to exit the Nadar community-controlled Tamilnad Mercantile Bank (TMB).
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
Indian market has been plagued by negative sentiment and triggers
Experts said many firms had unbilled assets on their books.