Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
A group of high-powered individuals led by Anand Mahindra have come together to set up Krea university. The campus is expected to be ready by 2019 and the first batch of 100 to 125 students will commence classes in August next year.
Twenty-six entities, including the Tatas, Aditya Birla Group, Anil Ambani-led Reliance Capital and Religare, apart from India Post, applied. Videocon Group, later on withdrew its application.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
Hindustan Motors Limited of C K Birla group will launch multi-utility vehicle manufactured at its Uttarpara plant in the state.
Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit
The regulator will conduct forensic audit of all the seized documents, laptops, and mobile phones, which are suspected to be involved in the fraudulent activity, reports Shrimi Choudhary.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
In another match in the Durand Cup football tournament, Mahindra United beat Army XI 2-0.
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Reliance, Birla Group, Airtel eye small finance banks.
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A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
Companies offer partial ownership and timeshare, beside other combinations
Readying itself for a bank licence, Anil Ambani-led group's Reliance Capital on Wednesday said Japan's Sumitomo Mitsui Bank and Nippon Life would become its strategic partners in the proposed banking venture, with each having 4-5 per cent stake.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
The numbers in India may not be as big but the opportunity for serious growth is all there.
Tata Motors' Nano may be struggling to survive, but Renault Nissan alliance Chairman and chief executive officer Carlos Ghosn is glad the group followed the lead of "visionary" Ratan Tata's dream project
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The RBI has accepted the application withdrawal request, according to the statement.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
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.
Come the rains and two-wheeler racing fanatics line-up for the popular off-beat challenge. The latest edition was on Sunday, August 8. There were entries from Mumbai, Nashik, Pune, Thane, Bangalore, Bhopal, and Jodhpur. Like previous years, this time too Sportscraft chose the backwoods of Navi Mumbai to give riders a chance to test their driving and racing skills in a safe environment.
'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
RBI had received 72 applications for small finance bank licences.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room to fall by a total of 75 bps in the current financial year, starting with 25 bps in the August 7 policy.
Sebi takes 6 merchant bankers to task for lapses in IPO
The Punjab government blames the slow growth on tax concessions in neighboring Himachal Pradesh and Haryana's proximity to Delhi.
Analysts say consumers would be the real winners.
AI, cloud computing, data analytics are a few areas companies are looking for proficiency in
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
