Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
SC asked the CBI to file a status report on the probe before it within three months.
A Ganesh Nadar/Rediff.com meets the family of CRPF jawan G Subramanian, who was among the 41 martyred in Pulwama.
Athletes and officials from eight disciplines of archery, badminton, table tennis, hockey, judo, gymnastics, swimming and weightlifting landed in Tokyo
This is a key reason for the finance ministry's objection to fixing the tenure at 100 years, as it is pushing PSBs to be self-dependent and raise funds from the market, reports Hamsini Karthik.
India's K T Irfan finished fifth, while Ganapathi Krishnan was disqualified from the men's 20km race walk of the 17th Asian Games in Incheon on Sunday.
Nethra Kumanan became the first Indian woman sailor to qualify for the Olympics after making sure of a top-place finish in the laser radial event of the Asian Qualifiers, in Oman, on Wednesday.
Rao was taken into custody in Hyderabad on Saturday after his house arrest ended on November 15 and his petition to quash the transit remand was disposed of by a court there on November 16.
Till now, there was no provision in the Companies Act that allowed a remuneration for the non-executive director if the company was in loss or had inadequate profits. Only the executive director was entitled for a remuneration in the event of a loss.
Indian athletes, including the boxers and shooters, hit the ground running as they started their pre-Olympic training, hoping to live up to massive expectations in the pandemic-hit Games in Tokyo.
The eight disciplines comprised archery, badminton, table tennis, hockey, judo, gymnastics, swimming and weightlifting.
Much of this has been made possible by the owners's insistence on building a team, rather than banking on a collection of talented individuals not necessarily suited to play alongside one another.
Largest software exporter TCS will be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22 , a top executive said on Friday. The company, the largest employer in the private sector with a base of over 5 lakh employees, had hired 40,000 graduates from campuses last year and will do better on that number, its chief of global human resources Milind Lakkad told reporters in Mumbai. He said the COVID pandemic-related restrictions do not pose any difficulties in hiring and added that last year, a total of 3.60 lakh freshers had appeared for an entrance test virtually.
Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).
With slippages increasing every quarter, any derailment on growth or change in customers' repayment behaviour after moratorium may impact the overall asset quality. Correction, though, presents attractive buying opportunities, given the bank's sustained leadership position.
Axis Bank's acquisition of Citibank's consumer finance business for Rs 12,325 crore - the second biggest deal in the Indian banking sector - is seen as a good deal at a good price. The acquisition enables Axis Bank to close the gap with competition in some key segments such as credit cards. At the same time, there are some key issues that are crucial for the deal's success, apart from the fact that it will take some time for Axis to reap the full harvest of its investment.
An IED stuffed with RDX and ammonium nitrate was found inside an unattended bag at the Ghazipur flower market in New Delhi on Friday morning but it was later defused, officials said.
The executive remuneration for FY2020 is lower than FY2019 in view of the economic conditions impacted by the COVID-19 pandemic. The directors have decided to moderate the executive remuneration for this year to express solidarity and conserve resources.
N Ganapathy Subramaniam further said TCS has signed deals worth over $6 billion in a matter of just 2-3 weeks
Revenue grew 5.1 per cent in the quarter under review to Rs 39,946 crore from Rs 38,010 crore in the corresponding period last fiscal.
The incident caused panic among passengers who were not allowed to exit the terminal for some time.
Ajit Mishra answers reader queries on the stock market.
By 2017, research provided by NCR Corporation, an ATM maker, suggests that the installed base of these machines in India will reach 400,000 machines, from about 100,000 in the third quarter of 2012.
Hebbalkar termed the incident as a "political conspiracy" to malign her name.
India on Friday summoned the Irish ambassador to convey its "concern and angst" over the untimely and tragic death of an Indian dentist in Ireland after doctors allegedly refused to terminate her 17-week-long pregnancy on the ground that it was a "Catholic country".
The gains will be gradual as the measure will be executed over 12 months or so.
The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying with the local data storage guidelines may hit five private banks, a non-bank lender, and a major card-issuing company. The impact is expected to be felt for a few months as these players transition to other card networks. According to Nomura Research, RBL Bank, YES Bank, and Bajaj Finserv are the ones most impacted by the ban as all their credit card schemes are allied to Mastercard. Among others, IndusInd Bank, Axis Bank and ICICI Bank have 35-40 per cent of their credit card schemes tied to Mastercard, the report said.
Despite the ups and downs, the home financier is able to sustain its spreads and report the same loan growth Q-o-Q; so predictable that analysts sometimes find it boring.
India on Thursday summoned the Italian ambassador in New Delhi and lodged a strong protest over killing of its two fishermen allegedly by security guards of an Italian ship off Kollam coast on suspicion of being pirates.
India on Wednesday summoned Norwegian Ambassador Ann Ollestad to seek an expeditious solution to the custody row involving two NRI children, who have been kept in foster care by the authorities of that country. "The Norwegian ambassador was summoned to the ministry of external affairs and she met Secretary (West) Madhusudan Ganapathi," official spokesperson in the MEA Syed Akbaruddin told reporters.
Infosys' co-founders, S D Shibulal and S Gopalkrishnan, on Tuesday launched Axilor Ventures, a business incubator and platform for supporting innovation and entrepreneurship.
We'll see what happens with Brexit. Either way, there will be technology spends because people have to develop and modify new systems.
Move comes at a time when the issue of black money stashed in Swiss banks has become a major concern in India with political parties and civil society taking up the matter.
India is "closely monitoring" the progress in the non-resident Indian children custody row, External Affairs Minister S M Krishna said in New Delhi on Thursday.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
As the crisis in Maldives deepened, India on Friday sent its special envoy to Male to assess the situation in the island where former President Mohamed Nasheed was ousted in a coup. M Ganapathi, secretary (west) in the external affairs ministry left for Male with a brief to assess the situation in the Indian Ocean atoll, which has plunged into a crisis after the ouster of Nasheed. "I have sent an envoy to Maldives to assess the situation," Prime Minister Manmohan Singh said.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
