India's salvation lies in job creation by entrepreneurs, say Manish Sabharwal and Ashok Reddy.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
Move to improve transparency but make liquidity more difficult to come by
Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh
Analysts feel Fortis Healthcare share holders are at a disadvantage and deal valuations had been short of expectations
Surprisingly, Jeff Bezos is the new entrant to the list and ends up holding the first position.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
The shipping business is like the heaving sea -- it's up and down, observes Shyam G Menon.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Before opening its first outlet in the country on November 9, the US fast food chain, Burger King Corporation, had approached the HC seeking an assurance that companies it had sued for trademark infringement will not approach lower courts for stay orders against its launch.
Younger brother Surendra wants to re-invest his share in real estate and education
All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, says Financial Services Secretary Debasish Panda.
Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
Shoppers Stop returns to its core business after divestments. The retailer plans growth through web and private labels.
The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.
KV Kamath has had a tough journey so far.
With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India's second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds. Therefore, any international or domestic hospital chain that buys Fortis will simply catapult to the numero uno position.
Formal announcement of venture into new segment on Thursday; group's entry timely, given the demand, say experts
As the funnel of good-quality early-stage companies are built, mid-stage and growth capital always follows, says Fireside Ventures founder Kanwaljit Singh.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
'With our focus and strategy we can solve at least 20 per cent per cent of India's education problems.'
The fast-growing, high-margin branded spices business is turning out to be an interesting growth opportunity, which to an extent was reflected in the Sunrise-ITC deal, with multiple parties from PE to strategic players joining the fray.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
Retail investors may burn their fingers investing in them, especially if the markets correct, experts tell Sanjay Kumar Singh
However, the report pointed out that the implementation of the grievance redressal process still has many gaps as "only 22 per cent of the consumers involved in a grievance redressal process were satisfied due to the uncertain timelines involved". The Real Estate (Regulation and Development) Act, 2016, was passed by Parliament in March 2016.
The company did not disclose its new holding pattern.
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
CBDT circular issued last month had raised multiple taxation concerns.
Raghavendra Kamath reports on what ails India's real estate sector.
According to officials, more clarity might be required with regard to foreign fund managers in the context of Air India divestment.
Lotte Confectionary Company Ltd has announced its open offer to acquire additional 20 per cent stake in Parrys Confectionery Ltd from equity shareholders at Rs 283.25 per share.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
HFCs and banks expect a drop in demand for housing loans in the short-term.
"If telecom changed the game for how business was done in India, then we need 20 more of those systemic game-changers to take us to the next level," Ronnie Screwvala tells Pavan Lall.
Chief Economic Advisor Arvind Subramanian's interview.
The company needs Rs 2,000 crore more in 2 years to repay debt.
