While industry is upbeat, start-ups in the space sector are finding it difficult to cater to the demand due to a lack of funding, issues related to policy like foreign funding, intellectual property, etc, and a lack of support in testing.
Banks are not allowed to lend to developers for purchasing land parcels.
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
MFs have garnered record assets in the past one year, led by increased investor participation through SIPs and robust returns in mid-cap schemes.
Sebi splits CMD post and has directed listed companies to have at least six directors and at least one of them needs to be a woman.
Here's why VCCs are the best options for credit and debit card holders for avoiding phishing and frauds
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
In the April-June period, bond yields rose by 30 bps.
Of the 280-odd equity schemes that have been in existence for five years or more, 190 funds or about 70 per cent of those funds have outperformed their respective benchmark indices.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Geo-political concerns over death of a Saudi journalist, Brexit and likely breach in Italy's budget also kept investors cautious.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
What stocks will gain from a normal monsoon?
The Reserve Bank of India's latest data indicate that spending per card is rising steadily - something that consumers should worry about
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
SBI's gross NPA figures have shown a decline for three consecutive quarters.
Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-per cent stake divestment in state-owned Coal India.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
The move comes within months of a crisis at JPMorgan Asset Management Company.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
So what if your bank has imposed/will impose a transaction fee of Rs 20 for using ATMs after your fifth visit in a month? You can still remain within your free transaction limits and avoid being charged at all. Wondering how it is to be done? Read on.
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Netflix and Prime have decided that rather than only buying the rights to Bollywood blockbusters to expand their reach in India, producing original content would be a better idea.
A mobile wallet may offer discounts but allows transactions of limited amounts. And, while a bank app or internet account allows larger transactions, it might be less convenient
Progress on monsoons along with favourable base effect in 2HFY2017 continues to point towards RBI achieving its near 5 per cent inflation target by the year-end
Budget this year has allowed PSBs to bring down govt stake to 51%
