The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
Life insurers are launching these again. Invest if you are conservative.
'There is still scope for selective stockpicking.'
'The biggest lacuna in this agreement is it is called 'full civil nuclear cooperation agreement.' Actually, it is anything but full.'
The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
The sector faces many challenges and calls for prompt corrective action.
The five-acre facility, set up by M&M through a joint venture with government owned company MSTC, went on stream in April this year
The 2022-23 Budget has projected a disinvestment target of Rs 65,000 crore for next financial year. This is significantly lower than the estimated Rs 1.75 lakh crore budgeted for 2021-22. In the revised estimates, the target for 2021-22 has been cut to Rs 78,000 crore.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
Concerns are swirling that Japan's dream of hosting the Tokyo 2020 Olympics could be a fatality of the spread of the new coronavirus, jolting organisers, sponsors, and media firms who have spent billions of dollars in the run-up to the event. Global insurers face a hefty bill if the coronavirus forces the cancellation of the Games, with estimates of the cost of insuring the showpiece running into billions of dollars.
During the current financial year, 25 companies have raised Rs 28,220 crore through IPOs
The recent protests by employees of Urban Company and the case of a a Zomato delivery executive who died in a road accident point to the severely straitened condition of gig workers during the ongoing Covid-19 pandemic. Budget 2021 had promised several measures to help the cause of gig economy workers, but most of them are yet to see the light of day. Even after a year, the country's gig workers continue to be without any social security cover or a minimum wage guarantee. "In Budget 2021, finance minister Nirmala Sitharaman had announced that the government is looking toward including migrant and gig workers for social security benefits," says Srinivas Kotni, managing partner, Lexport, a consulting firm. Parliament had passed the Code on Wages in 2019 and Code on Industrial Relations, Social Security and Occupational Safety, Health and Working Conditions in 2020.
IT and ITeS companies accounted for $28.1 billion of the total investment pie during the first nine months of 2021.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
The total value of assets held by India's financial institutions touched nearly $2.8 trillion, the third largest among BRICS nations, in 2013.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Goods and services provided without any consideration are out of ambit of Consumer Protection Act; investors, too, cannot approach a forum. Tinesh Bhasin reports
Ola Electric's technology team is working hard to iron out the technical kinks that marred the electric vehicle company's hyped online sale of its electric scooters (e-scooters) - the S1 and the S1 Pro - on Wednesday, said company sources. The SoftBank-backed firm is facing technical difficulties in making the website live for the purchase of its e-scooters. According to company sources, the website couldn't go live as there were integration issues.
Gains were led by index heavyweights with Reliance Industries contributing the most.
The Securities and Exchange Board of India (Sebi) has just released a proposal to alter the regulations pertaining to the sponsor system for mutual funds. One of the reasons for the proposed changes is that there are two conflicting regulations that need to be clarified. The other reason is that the sponsor system may itself be outdated as it stands, and the proposed changes would allow new entities such as private equity funds and portfolio management services to enter this space.
With the lockdown being eased gradually, providing more and more digital solutions, for service delivery and procurement of new policies, is what the corporation is focussing on.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The Shiv Sena chief said an atmosphere is being created in the country that the National Register of Citizens (NRC) is 'dangerous' for Muslims, but added that the exercise will not be carried out in Maharashtra.
There is money to buy the central public sector enterprises, but buyers will need a firm assurance that the disvestment programme will keep environment issues front and centre of their corporate plans.
If you pledge market-linked instruments and their value plummets, you will have to provide additional collateral, points out Sanjay Kumar Singh.
As per the norms, sanction for prosecution has to be decided within four months time of the CBI seeking such a permission.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Pending consumer dispute cases are at an all-time high.
Gandhi said for the first time he has seen that all sections of the society in the state were 'protesting', whether it was the Patidars, Dalits, anganwadi workers or farmers.
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
Leader of Opposition Ghulam Nabi Azad attacked the government for creating fear, alleging that it was just renaming the earlier policies without delivering their benefits to the poor and the needy.
Union Home Minister Amit Shah on Tuesday held three back-to-back meetings with top officials of the security establishment to assess the prevailing situation in Jammu and Kashmir, including the recent killings of civilians, as well as reviewed arrangements for the forthcoming Amarnath Yatra for which the UT administration will provide RFID tags to every pilgrim.
Around 1,680 deals worth over $80 billion will be renewed next year. Among Indian vendors, Infosys, TCS, and HCL Technologies are better placed to see a higher growth rate in 2020.
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.