IndiGo had debt of Rs 3,912 crore at end of the June quarter.
The move draws a line under the Swiss government's rescue of UBS nearly five years after the bank threatened to collapse under the weight of more than $50 billion in losses on mortgage securities.
Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.
State Bank of India partnered GE Capital in 1998 for its credit card business.
Presenting tips and case studies about innovation, management, leadership, growth, technology and investment.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.
Coffee Day Enterprises Ltd is backed by KKR & Co.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
Buying stocks during bad times can lead to good returns.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
Reliance Industries on Friday announced the sale of 2.32 per cent stake in its digital unit to US-based Vista Equity Partners for Rs 11,367 crore, the third deal in a little over two weeks that will inject a combined Rs 60,596.37 crore in the oil-to-telecom conglomerate to help it pare debt. The US-based private equity firm will buy a stake in Jio Platforms, which houses the country's youngest but biggest telecom firm Jio, at an equity value of Rs 4.91 crore and an enterprise value of Rs 5.16 crore.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
It is the fundamentals of companies that will drive stock performance.
Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
With a rise of around 30 per cent in the benchmark index S&P BSE Sensex, 2014 has been the best year for Indian equity markets since 2009, when the benchmark index surged 81 per cent.
The Nifty and Sensex traded close to their respective all-time highs.
Vishal Sikka reiterates infy's commitment to surpass sector growth rate in FY17, be a $20-bn revenue firm in CY2020.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Bankers say it's a question of survival for debt-heavy companies.
UBS India, the domestic franchise of Swiss banking major UBS Group which last month surrendered its banking licence, has started laying off around 50 people, who are affected by the decision.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Enforcement Directorate sources tell Vicky Nanjappa/Rediff.com that the probe into FDI received by Flipkart continues and a show cause notice will be issued to the online retailer.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
Google Inc announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars.
Pressure has been mounting on the Reserve Bank of India to cut interest rates in the wake of declining retail inflation and the need to fuel growth momentum. However, the RBI will have to do a tightrope walk as globally interest rates are inching upwards.
Zomato has the potential to be an equally important milestone for Indian equity markets, notes Akash Prakash.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
The RBI must cut rates to spur growth, say experts.
'"We want to get the learnings from Flipkart and take it to other parts of the world," Walmart CEO Doug McMillon was quoted as saying.' 'That is a very large tuition fee for an MBA in a country that outdoes Brazil and perhaps even China in busting multinationals' knees and sometimes their heads as they try to crack a market of mostly impoverished people run by a government that has never really given up the sadistic pleasures of administering the license raj,' notes Rahul Jacob.