C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
In an interview with Shobha Warrier/Rediff.com, he talks about the economic policies of the Narendra Modi government and whether achche din is really coming.
A must-read excerpt from former RBI governor and former Rajya Sabha member Bimal Jalan's India: Priorities For The Future.
A regulator has to ensure that fares have transparency.
While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
The installation work is expected to begin in October.
'You worry when serious people, with control of our and our children's future, begin to start obsessing over social media, seeing it as an easy, lazy, fun, low-cost substitute for boring, old-fashioned practices of politics, governance and serious, fact-based debate,' says Shekhar Gupta.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
Restrict investment to Rs 50,000 for tax benefits, experts tell Sanjay Kumar Singh, but caution that taxation at maturity and compulsory annuities are dampers.
Things appear to be going from bad to worse for Vijay Mallya, once known as 'King of Good Times', with the board of a company he nurtured into India's largest liquor maker asking him to quit.
Fighting heavy odds, J Jayalalithaa proved her detractors wrong again with her grit and determination as she steered the All India Anna Dravida Munnetra Kazhagam to power for a second consecutive term, bucking the tradition since 1989 when no party has retained power in Tamil Nadu.
Wonderla is promoted by Kochouseph Chittilappilly, promoter of V-Guard Industries.
Urvi Malvania reports on Disney India's year of ups and downs and the films that saved the studio.
IndiGo's ascent is not without its risks, however.
With slower than expected growth in smartphone penetration, operators and OEMs are joining hands to provide affordable mobile devices with attractive offers.
The farmers of Khentia are now working in tandem with the IIT team.
The World Gold Council, which represents the mining industry, puts India's demand between 850 and 950 tonnes in 2014.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Lenovo, Xiaomi, Vivo, Gionee lead the onslaught, beating Indian and global brands with smart deals and astute image management measures.
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
M R Venkatesh, chartered accountant turned political commentator tells Shobha Warrier/Rediff.com that Modi's war is not against the opposition parties or the Congress but against the bureaucracy and the establishment.
Every evening when the lights glow in the huts of Gangapur village, the villagers thank two young men - Ajay Kumar and Somil Daga.
Mata Amritanandamayi's hospital has developed protein nanomedicines for drug-resistant leukemia and nano-structured wafers to prevent recurrence of brain tumours
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
The Niti Aayog has finalised the first draft of a new national energy policy.
Rather than focussing on manufacturing, Indian companies need to concentrate on conceiving, designing and branding products.
Sikka's regret over lack of strategic talk with clients hints at larger problem
A key UN climate change summit that will be attended by nearly 150 world leaders including Prime Minister Narendra Modi kicks off on Monday under the shadow of the deadly Paris terror attack to try to craft a long-term deal to limit carbon emissions.
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
It is important to note that slowdown in activity is really confined to a selected few regions within China.
Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday
Over the past year we have heard a lot about policy reforms to improve the ease of doing business in India.
The company took five years to sell the 250,000 units of the Nano.
'When Modi was CM, Gujarat won 128 seats.' 'Now he is PM. Modiji is revered by people in Gujarat.' 'So as PM he will get 150 seats,'
Why is the government ignoring the advice of its own Economic Survey?
The one common theme across companies that have rewarded shareholders is consumption.
RPG Enterprises Chairman Harsh Goenka thinks aloud about what Vijay Mallya could or should do to get out of the current mess.