Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
The surge in deal value is largely due to the $12.9 bn Essar-Rosneft deal
BSE proposes two models for making gold trading and investment transparent
Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
The funds, some of which have invested in the NSE for almost a decade, want the exchange to list as soon as possible so that they can exit and pay back investors in their funds
The bourse's valuations may get a boost, as it gets set for its OFS of about Rs 10,000 crore.
The infusion will help the airlines plan their next rounds of operations as easing of 5/20 norms
Post office savings of 1, 2 and 3 year term deposits and 5-year recurring deposit currently fetch 8.4 per cent interest per annum.
A bench of Chief Justice N V Ramana and Justice Manmohan issued notice to Civil Aviation Ministry, DGCA and others and sought their response by October 30.
India is one of the largest military equipment importers in the world, at over $8 billion a year.
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The Reserve Bank of India late on Wednesday unveiled rules to restrict how much its citizens and companies can invest abroad and announced additional curbs on gold imports.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
Default in payment of royalties to McDonald's India for nearly two years was the key reason behind the fast-food chain's decision to terminate franchise agreement
In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.
BJP leader Subramanian Swamy on Friday moved the Delhi High Court seeking an order restraining the Centre from granting any approval to AirAsia for its operations in India.
The department of telecom has issued letters of intent to BT for national and international long distance services for offering managed services to corporate customers having sites in India.
The 3-year partnership to set up a pan India initiative to catalyse the country's technology startup ecosystem was signed today by R A Mashelkar, Chairman, GenNext Ventures and Board Member, RIL, and Bhaskar Pramanik, Chairman, Microsoft India.
Poor disclosure among India-listed firms is a turnoff for foreign investors.
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.
An all-party meeting on Monday failed to hammer out a consensus over the controversial Insurance Bill, which was scheduled to be taken up in Rajya Sabha.
Lenders say settlements will cross over 100 accounts in the March quarter.
The growing interest in alternative sports is encouraging Ronnie Screwvala to extend the U Mumba brand from kabaddi to football and volleyball.
The full-fledged residential academy will accommodate the country's top 80 emerging cricketers and be equipped with a health centre, gymnasium and restaurants.
With this win, Australia have now gained a 12-2 lead in the series. The team had already secured the Ashes in the first T20I.
"The fact is that after 106 days of pre-trial incarceration there is not a single charge framed against me as I speak now," said Chidambaram, who is expected to attend the Rajya Sabha proceedings on Thursday.
There is a large population standing outside the coverage of primary healthcare, says Praveen Gupta of Raheja QBE.
'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
News of all that transpired on and off the football field.
Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.
Modi said the push towards a gas-based economy where the share of environment-friendly fuel in the energy basket will be increased from 6.2 per cent to 15 per cent by 2030, will create lakhs of jobs and help meet India's COP-21 commitment of cutting emission intensity by 33-35 per cent.
Lower interest rates needed to boost manufacturing, officials say.
A 1988 batch Indian Administrative Service of Gujarat cadre, Arvind Sharma is set to be Prime Minister-designate Narendra Modi's personal secretary. Sharma was additional principal secretary to the Modi when he was chief minister of Gujarat, and has been with him since 2001.
The lawsuit seeks an injunction to stop the entire rule from going into effect.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
The two major railway unions have proposed to the government an unprecedented alternative to privatisation or inviting foreign investment, to help raise funds and improve revenue.
There would be a marginal 3% increase in freight rates.
'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.
Investors have another reason to wrinkle their noses at emerging economies - fading labour productivity.
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