News for 'Market Infrastructure Institutions'

Tips To Buy A House Through A Broker

Tips To Buy A House Through A Broker

Rediff.com10 Oct 2023

Try to assess whether the broker has good knowledge of the prices prevailing in the area you are interested in, and is able to provide the pros and cons of various projects.

Charan Singh opposed Nehru's socialist economy

Charan Singh opposed Nehru's socialist economy

Rediff.com9 Feb 2024

Chaudhary Charan Singh, who on Friday was conferred with India's highest civilian award Bharat Ratna, is popularly known as a champion of farmers.

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Rediff.com20 Dec 2023

Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore, according to sources. Embassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group. Blackstone sold its stake in the entity at around Rs 316 per share through open market transactions and at this price, the deal is valued at about Rs 7,100 crore, the sources said.

India's growth journey will shape world's future: Chandrasekaran

India's growth journey will shape world's future: Chandrasekaran

Rediff.com25 Aug 2023

India is well positioned to lead the global transitions of digital and artificial intelligence, energy, value supply chains, and the country's growth journey will shape the world's future, B20 India chair N Chandrasekaran said on Friday. In his address to the B20 Summit India 2023, Chandrasekaran, who is also the chairman of Tata Sons, asserted that India stands as a beacon of growth and positively stands out in the global economy, which is facing strong headwinds, tightest rate cycle in decades and record levels of public debt. "The world is currently navigating through three important fundamental transitions.

Manmohan vs Modi Debate: India Is The Loser

Manmohan vs Modi Debate: India Is The Loser

Rediff.com19 Feb 2024

False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.

'Disinflationary stance allows for rate cuts'

'Disinflationary stance allows for rate cuts'

Rediff.com8 Feb 2024

'Investment creates capacity and reduces inflation. Income, employment, and savings rise.'

Sebi plans new outsourcing policy for exchanges, key entities

Sebi plans new outsourcing policy for exchanges, key entities

Rediff.com2 Jul 2015

There is a need for further focus and strengthening of guidelines.

New restrictions in Maha from Wednesday. What's allowed and what's not

New restrictions in Maha from Wednesday. What's allowed and what's not

Rediff.com13 Apr 2021

Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.

Rooftop solar charges up electric vehicle boom in India's smaller cities

Rooftop solar charges up electric vehicle boom in India's smaller cities

Rediff.com12 Feb 2024

The push given to rooftop solar installation in the Interim Budget ties in with its high rate of adoption in Tier-II and -III cities of India. If original equipment manufacturers (OEMs) in the automobile industry, government, and the solar sector are to be believed, in cities of Rajasthan, Gujarat, and Kerala, 45-50 per cent of electric-vehicle (EV) users are employing rooftop power to charge their vehicles. This is compared to the national average of 25 per cent, say industry sources.

India Inc leans on InvITs to reduce debt, generate returns for investors

India Inc leans on InvITs to reduce debt, generate returns for investors

Rediff.com20 Apr 2023

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.

How Ajay Banga Can Change The World Bank

How Ajay Banga Can Change The World Bank

Rediff.com14 Apr 2023

The World Bank must become Archimedes's lever to help change the world into a more prosperous, inclusive, and sustainable planet in the 21st century. The change in leadership now provides that opportunity, observes Ajay Chhibber.

'Historically, 2023 is the best year for India-US ties'

'Historically, 2023 is the best year for India-US ties'

Rediff.com8 Dec 2023

The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.

Here's a cyber security roadmap for the financial sector

Here's a cyber security roadmap for the financial sector

Rediff.com21 Oct 2018

Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.

Himalayan yogi influenced former NSE MD's decisions: Sebi order

Himalayan yogi influenced former NSE MD's decisions: Sebi order

Rediff.com12 Feb 2022

Ramkrishna gave 'frequent, arbitrary and disproportionate' increase in compensation to Subramanian when there was no evidence of any performance evaluation being done for him and nor was there any evidence to satisfy the rating of A+ given to him for giving such high increment.

9 smart ways to revamp India's infrastructure

9 smart ways to revamp India's infrastructure

Rediff.com17 Nov 2015

Private sector firms need to be re-engaged for better infra planning.

New to Stock Market? Read these TIPS

New to Stock Market? Read these TIPS

Rediff.com16 Nov 2021

At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.

How a tortoise made due diligence process NPA-free

How a tortoise made due diligence process NPA-free

Rediff.com28 Dec 2022

Only NIIF has stayed the course as a viable infrastructure financing institution.

Why K V Kamath calls Indian banking system the best in 50 years

Why K V Kamath calls Indian banking system the best in 50 years

Rediff.com14 Mar 2024

'I don't think we have ever seen such alignment of everything that we need in the banking sector.'

Why Business Wants Modi To Return In 2024

Why Business Wants Modi To Return In 2024

Rediff.com19 Dec 2023

The BJP is the preferred choice because it offers what the Mughals and later British offered in their time: A stable polity and an environment in which business could function, explains T N Ninan.

The State Has Rolled The Dice Of Growth

The State Has Rolled The Dice Of Growth

Rediff.com25 Sep 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

IIM-A ties up with three corporates for research

IIM-A ties up with three corporates for research

Rediff.com10 Dec 2014

IIM-A announced a tie-up with three corporate houses -- CRISIL, ATS Infra and SAP -- for research in financial markets, infrastructure and entrepreneurship.

BRICS pitches for using local currencies in international trade

BRICS pitches for using local currencies in international trade

Rediff.com2 Jun 2023

The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations, also pressed for a robust Global Financial Safety Net with a quota-based and adequately resourced International Monetary Fund (IMF) at its centre. It further said the process of IMF governance reform under the 16th General Review of Quotas, including a new quota formula as a guide, should be completed by December 15, 2023.

PM 'concerned' over maskless crowds at hill stations, markets

PM 'concerned' over maskless crowds at hill stations, markets

Rediff.com14 Jul 2021

He asked the people to shun the argument that they 'want to enjoy before the third wave of coronavirus' and stressed that there should be no compromise in following COVID-19 protocols.

Ajay Piramal bets highly on infrastructure, realty

Ajay Piramal bets highly on infrastructure, realty

Rediff.com22 Oct 2015

Ajay Piramal bets highly on infrastructure, realty

Investors richer by over Rs 6.34 lakh cr as markets cheer Budget

Investors richer by over Rs 6.34 lakh cr as markets cheer Budget

Rediff.com1 Feb 2021

Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Rs 100 lakh crores will be invested in infrastructure: PM in I-Day speech

Rs 100 lakh crores will be invested in infrastructure: PM in I-Day speech

Rediff.com15 Aug 2019

The prime minister sought to allay slowdown concerns saying the fundamentals of the economy are strong, with low inflation and a potential to boost exports.

Metal stocks rally defies global peers, not backed by fundamentals

Metal stocks rally defies global peers, not backed by fundamentals

Rediff.com11 Oct 2023

Metal and mining companies, such as Tata Steel, JSW Steel, Hindalco, and Coal India, have been among the top-performing sectors on the bourses in recent months. The S&P BSE Metal Index is up 13 per cent in the past three months, rallying 29 per cent in the past year, outperforming the broader market. For comparison, the benchmark S&P BSE Sensex has only seen a 1.7 per cent increase in the past three months, with a 15 per cent gain since the end of September last year.

Why villas have become homebuyers' favourite choice

Why villas have become homebuyers' favourite choice

Rediff.com24 Dec 2023

This shift is driven by a pursuit of a superior lifestyle and an innate desire to be grounded in an owned plot of land. Villas, situated within gated housing societies, have gained popularity as a property type, witnessing strong traction due to elevated aspirations and the need for more living space.

Investors expect balanced Budget; focus on job creation, infra spending

Investors expect balanced Budget; focus on job creation, infra spending

Rediff.com25 Jan 2023

Stock market investors are expecting a balanced Budget with a focus on job creation, increased spending on infrastructure, reigning in the deficit, and bringing the economy back on track, experts said on Wednesday. Stock markets have been subdued in the run-up to the Union Budget with BSE's benchmark Sensex is almost flat so far this month. Even the corporate earning season failed to excite the markets, while some indices like IT and bankex have seen some positive movements.

'India is in a sweet spot for the next few years'

'India is in a sweet spot for the next few years'

Rediff.com8 Mar 2023

'While foreign institutional investor flows are still negative, they will turn positive in the latter part of 2023 as India's resilient growth becomes perceptible.'

K V Kamath appointed chairperson of Rs 20,000-cr NaBFID

K V Kamath appointed chairperson of Rs 20,000-cr NaBFID

Rediff.com27 Oct 2021

The government on Wednesday announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore development finance institution NaBFID to catalyse investment in the funds-starved infrastructure sector. Parliament had in March cleared the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.

Mukesh Ambani, Gautam Adani top the Fortune India Rich List for 2023

Mukesh Ambani, Gautam Adani top the Fortune India Rich List for 2023

Rediff.com6 Sep 2023

Mukesh Ambani, the patriarch of Reliance Industries (RIL), and Gautam Adani, the chairman of Adani Group of companies, have secured the top positions on the Fortune India Rich List, created in partnership with Waterfield Advisors, with respective wealth of $99.7 billion and $63.71 billion. With a wealth of $34.6 billion, the Mistry family of Shapoorji Pallonji Group holds the third position on the list, while the Poonawalla family, owners of vaccine maker Serum Institute, with a wealth of $32.9 billion, stands fourth. Stockbroker and founder of D-Mart-branded grocery stores, Radhakishan Damani, claims the fifth spot on the India Rich List with a wealth of $23.4 billion

September may see end of IPO drought with 5 hitting the market

September may see end of IPO drought with 5 hitting the market

Rediff.com3 Sep 2020

Many are now hoping the markets remain in good stead as they look to finalise the dates for IPOs, such as UTI MF, Computer Age Management Services, Happiest Mind, and Angel Broking. Most of the issues are expected to come to the market in the second half of September.

HDFC Bank goes for first major rejig after merger

HDFC Bank goes for first major rejig after merger

Rediff.com4 Oct 2023

HDFC Bank has reshuffled the portfolios of its senior management team. This is the first major rejig after the amalgamation of HDFC Ltd on July 1. "The runway for our growth is large. This change is being done to bring in a very sharp focus on leveraging what we have built and for enhanced execution," said Sashidhar Jagdishan, managing director and chief executive of HDFC Bank, explaining the reason for this overhaul.

Financial firms want simple tax provisions for ease of doing biz

Financial firms want simple tax provisions for ease of doing biz

Rediff.com21 Oct 2015

Domestic financial institutions and mutual funds on Wendesday pitched for rationalisation of tax provisions to improve ease of doing business in the country.

Why IBC has has become less bankable for resolution professionals

Why IBC has has become less bankable for resolution professionals

Rediff.com18 Jun 2023

Larger firms feel that the smaller players have muddied the waters for the IBC process, leading to excessive regulation of resolution Professionals.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Sitharaman walks the tech talk with AI, data governance, digilocker in Budget

Rediff.com1 Feb 2023

The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.