'So far as supervision is concerned, there are enough powers but to take action on public sector banks, consultation with the government is needed.'
Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.
The exercise, Agriculture Minister Radha Mohan Singh said, will help ease any possible impact of sub-par rainfall on farmers.
C K Birla group company Hindustan Motors (HM) has drawn up plans for restructuring of the company which was suffering from poor cash flow due to lack of vehicle sales.
Joveo is not like Monster or Naukri.com!
However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
The Nikkei India Services Purchasing Managers' Index, which tracks the services sector firms on a monthly basis, stood at 50.3 in February, up from 48.7 registered in January.
The HSBC/Markit purchasing managers index for the services industry inched up to 47.1 in October from 44.6 in September, the fourth successive monthly contraction of service sector output across India.
With employees as brand ambassadors, can the company get the grime off its image?
Follow these guidelines to keep your team motivated and create a productive atmosphere.
In cases such as Infosys, a new CEO will have to play the game with not only the chairman, but also with the COO and the board of directors, and perhaps retired founders, each being a different game with different set of capabilities and attitudes.
A player guilty of ball-tampering could now be banned for up to six Tests or 12 Oone-dayers after the International Cricket Council introduced harsher sanctions at its five-day Annual Conference in Dublin.
A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country
A key lesson for the pharmaceutical sector in this case is to not downplay the significant impact that regulatory non-compliance can have on operations.
Auditors raise red flags over Jet Air's robust financial status.
The European Medicines Agency's review is the second setback to Alkem Laboratories
Review: It offers Samsung Mall, a first of its kind shopping app, in addition to usual features.
The Nikkei India Manufacturing Purchasing Managers' Index (PMI) stood at 47.9 in July, down from 50.9 in June, its lowest mark since February 2009, and highlighted the first deterioration in business conditions in 2017 so far.
Ramnik Narsey, the new chief, had joined the retail giant in May 2013.
The ICICI board, which consists 12 members, is divided on whether Kochhar should be on leave during the internal enquiry
No tyres of any description have rolled out of its factories in Sahagunj (West Bengal) or Ambattur (Tamil Nadu) since 2011 and 2012, respectively.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
News of all that transpired on and off the football field on Friday
Penalties for undisclosed foreign income and assets extend up to 300%.
Modi held comprehensive talks with Singapore Prime Minister Lee Hsien Loong on ways to enhance cooperation in key sectors including trade and investment.
11 sectors to have credit exposure to environmental risks in next five years.
The 30-share S&P BSE Sensex ended up 130 points at 25,400 and the Nifty50 rose 46 points to close at 7,759.
The RBI has been critical of banks for using restructuring schemes to hide the stress.
RBI said more monetary transmission to support growth continues to be critical.
Other London properties, aircraft & offshore accounts are yet to catch the attention of regulators.
Analysts say IT major cleaning up act before new CEO takes over; regulator might take a year
GM has also exited from four other international markets, including Russia and Europe.
The HSBC/Markit Purchasing Managers Index for the services industry fell to 46.7 in December from 47.2 in November, registering the sixth consecutive monthly drop in output levels, the longest period of continuous reduction since the 2008/2009 global financial crisis.
If your Independent Financial Adviser throws all this at you, FLEE... :-)
This was the third consecutive day that COVID-19 cases in the country have increased by more than 26,000.
Sources said the fresh batch of profiles include students whose date of joining has been delayed by Flipkart.
Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.
Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central bank reduced the reverse repo rate -- the rate at which banks park their fund with the central bank -- by 25 basis points to 3.75 per cent.
Regarding employment, the manufacturing sector hiring remained broadly unchanged.
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