Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
Resolving the TBS challenge comprehensively would require 4 Rs: Recognition, recapitalisation, resolution and reform.
Could this reluctance be tied to the family's projection of themselves as the last bastion of the aam-aadmi's interests? Do they fear that a full disclosure of their not-inconsiderable assets would go against their carefully-cultivated pro-poor image, wonders Saisuresh Sivaswamy.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Sixty-eight paintings that once belonged to fugitive diamond merchant Nirav Modi will go under the hammer next week.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
India jumps to fourth from thirteen in the list of countries having households with more than $100 mn private wealth.
Tata Motors, Titan Company & Tata Steel come in at second, third & fourth slots.
When banks deposit their money with RBI, the central bank offers government securities of equal value. But now, it could be running out of enough securities to offer banks against the overnight deposits.
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
A Balasubramanian tells Business Standard that the sector will see one of its best phases in the coming five years.
'Everybody says 5G and communication is important.' 'Everybody says automation, robotics, human computing interfaces -- people and machines working together -- is the future.' 'Everybody agrees that cybersecurity is something that is here to stay.' 'Everybody agrees that synthetic biology is important.' 'Instead of outlining thinking about industries for tomorrow and the future, let the evolutionary pathway be built in a way that it promotes robust, creative, thinking.'
The Sensex ended lower on unfavourable cues.
What is worrying is that this year, angel investments and seed funding deals have fallen by 40 per cent, ringing alarm bells in the start-up community in India.
The company said it had extended financial support to the UK business.
Investing in a Unit Linked Insurance Plan increases your life cover and also helps you save tax, says Vivek Jain.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
Robust same store sales, margin growth mark June quarter.
Just when stocks are seen as invincible, we should worry, warns Akash Prakash.
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
State Bank of India expects decent growth in FY16.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
The total valuation of Tata Teleservices, according to the valuer, was only Rs 11,000 crore (Rs 110 billion), against the pre-agreed valuation of Rs 27,000 crore (Rs 270 billion).
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
The growth premium India enjoyed has largely been lost.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
In recent past, midcap stocks have performed well, say experts.
The best way for the railways to become more professional will be to get corporatised.
Investors remain cautious ahead of F&O expiry.
He has now to show that he can take on the vested interests within the railways which are resisting change through corporatisation
@015 may be a good year for FMCG firms.
Prior to 2011, the company was in dire straits. But recent financial results show its fortunes are on the mend.
CSK is reinventing itself to get rid of the controversies and improve brand value
Chirag Gupta, who trades in futures & options, had made a profit of Rs 6 lakh, but...
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
The additional stake will cost the promoters Rs 312 crore (Rs 3.12 billion).
'Election years tend to see high government expenditure on unproductive schemes, though that money sloshing around can boost private consumption.' 'Again, it can mean higher inflation,' explains Devangshu Datta.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
