The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.
Earnings spread for foreign investors down to 10-year low of 1.1 per cent, from 2 per cent at the beginning of the year and record high of nearly 5 per cent in 2013
From a jute company to a paper mill to a pharma company, these companies seem to have turned around with their superb quarterly numbers, says Mudar Pathreya
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
High net worth individuals (HNIs) are considered more investment-savvy than retail investors.
A whole-life policy can also be a source of credit for other purposes.
'Somehow, I don't see the Modi government shutting down Air India.' 'So, Mallya may prove to be luckier than the government; at least his financial clock has stopped ticking,' says T N Ninan.
This uncaring attitude is primarily based on the fact that road concessionaires still do not see themselves as "service deliverers", says Vinayak Chatterjee.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
The very design of the GST will bring in revenue buoyancy.
C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
'Brexit might delay the sale process of Tata Steel's UK operations'.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
The amount is around a fifth of the cumulative investment in fixed assets by these companies.
Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.
The Sensex has now lost 878.32 points in six sessions -- its longest string of losses in six months.
Overall forex market sentiment suffered a sudden reversal of fortune contrary to expectation largely moving in line with local equities, reversing all early strong gains.
The market could be influenced by events elsewhere in the world and regardless of what happens to India's economy
There are also signs that the private sector investment cycle is slowly coming back, as capacity utilisation figures across industry continue to slowly creep up. A pickup in investments will front load profitability, says Akash Prakash.
Money will flow to Europe, Japan - and the emerging markets, including India.
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
Greg Abel and Ajit Jain would be prime candidates
Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
'India needs to adopt a more proactive policy of triggering exports to China.'
RIL's standalone net profit rose one per cent quarter-on-quarter
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
The reason for the windfall: the soaring value of their stock awards.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
The first major devaluation of the rupee happened in 1966 when it was pegged against the US dollar at Rs 4.75/$
Here's a pick of what Warrenn Buffett had to say over the weekend, and his annual 'Woodstock for Capitalists'.
'Indians are great savers, but they are lousy investors.'
Warship building projects worth at least Rs 630 billion have ground to a standstill. The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude, Anil Ambani's shipbuilding firm from those contracts.
It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade
The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
Lupin will fund the buy through $100 mn cash reserves and a bridge loan.
Exemptions, and the fact that farm income is outside the tax net, ensure that India's tax-GDP ratio stays low.
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