It has so far managed to raise only Rs 1,700 crore (Rs 17 billion), by divesting a 5% stake in Steel Authority of India.
Finance Minister Arun Jaitley announced several reforms.
Managing your own money is empowering. And if you haven't started yet, now is the perfect time!
The onus is on you to reject financial products that don't suit your needs.
An Aadhaar card can fast-track the KYC procedure for some instruments.
The entry of the deep-pocketed conglomerate is expected to heighten competition.
As the Jan-Dhan scheme completes a month since its official launch, reports coming in from various parts of the country suggest the stated target of 75 million new accounts will be achieved much before January 26 next year.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
The people of the nation co-operated and patiently waited for the government's promised "ache din", and now they want their just rewards, says Adhil Shetty.
Recently, the government announced yet another ambitious scheme aimed at providing health insurance to 50 crore individuals.
Retirees have better options that offer liquidity, better returns and are more tax-efficient.
In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.
The abolition of wealth tax is again a welcome step.
Apart from Bihar, Chhattisgarh and Jharkhand, where none of the estimated 6.7 million construction workers got cash transfer benefits, the coverage of the construction workers was the lowest in Delhi, where only about 5 per cent of the estimated workers received cash under the PMGKY, followed by Kerala and Uttar Pradesh (22 per cent), among major states. In India, construction workers belong to the unorganised sector but account for the highest share of non-farm jobs after manufacturing.
Godhwani's exit comes at a time when the company's fund raising plans and proposed related party transactions are under scrutiny, says N Sundaresha Subramanian.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
'Tens of millions will be working from home for months at a time, which means the smartest brains in business will be focussed on creating more efficient WFH processes,' predicts Devangshu Datta.
'I hope the anger that Gujarat farmers have demonstrated is also reflected in other parts of the country in ensuing elections.' 'Only then will the ruling parties accept that something is terribly going wrong in the hinterland.'
Ever wondered what financial advice would the Sarabhais of Sarabhai Vs Sarabhai churn out? Read on to know!
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
Move could be aimed at integrating operations with Indian subsidiary.
Last year, his family forced Kishore Singh not to write anything about them...
If you have answers to these, you need not worry about Britain's exit from the European Union, Raghuram Rajan's exit from the Reserve Bank of India or Narendra Modi's chances of re-election in 2019; your financial future will be safe, says P V Subramanyam
Cairn, which is sitting on a cash pile of about $3 billion, in a statement said its board has approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 apiece.
Couples, who plan money together, stay together and get rich together!
Mind/life coach, NLP trainer and Mental Health Guru Anu Krishna encourages you to talk about your problems and offers solutions.
Wondering if you did the right thing with your mutual fund investments?
Proper documentation can help take half the pain out of filing your income tax return, says Amar Pandit.
Adhil Shetty, CEO, BankBazaar.com shares his thoughts on what could help make digitisation and going cashless easier in the New Year.
Movement of rupee and crude oil prices will also dictate the trend
You can be successful only if you have bit of knowledge about investment planning options that are available in the market.
While higher income, educated Indians are financially literate, they aren't really much better off when it comes to planning their financial futures
Expenditure on health in India is at a global low of 1.2% of GDP.
There is no clearly defined right or wrong answer since both target different needs of a portfolio.
But experts say downside limited, pockets of opportunities for investors
Let us take a look at some of the things that one should keep in mind.
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Before you take the leap, get your financial house in order