'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
The numbers in India may not be as big but the opportunity for serious growth is all there.
Companies offer partial ownership and timeshare, beside other combinations
Hindustan Motors Limited of C K Birla group will launch multi-utility vehicle manufactured at its Uttarpara plant in the state.
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.
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A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
In another match in the Durand Cup football tournament, Mahindra United beat Army XI 2-0.
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The RBI has accepted the application withdrawal request, according to the statement.
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.
RBI had received 72 applications for small finance bank licences.
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.
AI, cloud computing, data analytics are a few areas companies are looking for proficiency in
Sebi takes 6 merchant bankers to task for lapses in IPO
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Analysts say consumers would be the real winners.
The Punjab government blames the slow growth on tax concessions in neighboring Himachal Pradesh and Haryana's proximity to Delhi.
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.
Raghavendra Kamath reports on what ails India's real estate sector.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
As PM talks of lower lending rates, housing companies prepare to cash in.
The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul
Bigger companies are signing equity JVs with global investors.
When it comes to key hands-on management positions, India Inc is still largely run by men.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
The India Bike Week in Goa was a celebration of the joy of biking
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
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Nearly 40 developers participating in HDFC Indian Homes Fair in London would showcase thousands of property.
The Mumbai headquartered company also overtook Japanese carmaker Honda to occupy the fourth spot in domestic passenger vehicle market.
India Inc expects the RBI to cut interest rates by early next year.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Building front-end and stitching it with back-end is a task that IT firms are learning the hard way, finds Raghu Krishnan.
'Modi is the only chance we have in creating an Indian dream like we have the American Dream out here,' one ohe judges for the 'Code for India' hackathon in California tells Ritu Jha/Rediff.com
The company is banking on investments lined up for product development and other innovations.
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