Facing acute shortage of trained and expert professionals, corporate houses have adopted the strategy of tying-up with educational institutions to overcome the crunch of skilled professionals in the highly competitive market.
When Match Referee and former India wicket-keeper Farokh Engineer hands down his judgment on Monday on the Harbhajan Singh/S Sreesanth IPL fracas which unfolded in Mohali on Friday, he can go back 33 years to draw on personal experience.
The transaction was to be completed by June.
It is understood in organisations across India that work will come to a near standstill during any India-Pakistan match. During the World Cup earlier this year, productivity dropped across ranks as employees trudged in half-asleep, having been up half the night watching matches. In contrast, Twenty-20 cricket eats up only three hours of productive time, compared to the usual 10.
Nilesh Shah aired his views on the sub-prime crises, after effects of the Budget and FIIs. He thinks Brazil is the best bet amongst upcoming markets due to its natural resources.
On the 25th anniversary of India's World Cup triumph, Madal Lal talks to Special Correspondent Bikash Mohapatra about that triumph, the inability of the Indian team to repeat the feat and other issues.
Three such funds have been launched recently, more are in the pipeline.
Market experts see interest in Indian equities given the strong economic growth, robust earnings and rising domestic consumption.
Prudential ICICI's managing director, Shikha Sharma, talks about how the journey has been so far and also why she thinks unit-linked insurance plans are the best allocators of long-term funds.
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
Even as Reserve Bank has charted a five-year road map to attain fuller float of rupee, noted economist and Nobel laureate Joseph Stiglitz on Thursday favoured a cautious approach to capital account convertibility.
India's mutual fund industry, led by market leaders Reliance Mutual Fund, ICICI Prudential and UTI MF, has witnessed a fall of over Rs 58,000 crore (Rs 580 billion) in its assets during March.Despite the fall, Reliance MF continued to be the most valued fund house in the country with Assets Under Management (AUM) of Rs 90,937.94 crore (Rs 909.37 billion) at the end of March.
In the third part of this five part series on top 25 mutual funds analysed by Value Research we produce the next best five mutual funds that investors can put their money in for the long term.
Some banks are camouflaging their lending to small, unknown real estate developers to skirt stringent capital adequacy and provisioning requirements.
Critical illness policies by life insurance companies provide a variety of combinations but have a complex fine print.
Sunil Valson was the only squad member not to play a game in India's historic World Cup triumph in 1983 but a strong sense of belonging is definitely there.
ICICI Bank was looking at valuing ICICI Holdings at $10 billion, sources said. Vishaka Muley, chief financial officer of the group, refused to comment on the development.
Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.
A study of the top ten mutual funds' equity portfolios as on March 30 reveals that funds bought huge chunks of metal major SAIL, engineering stock KEC Infrastructures, while diluted their exposure to FMCG major ITC.
State-run UTI Mutual fund has toppled private sector ICICI Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance MF has retained its top position.
This comes on the back of impressive performance in infrastructure stocks in 2006 and in the first seven months of this calendar.
Investors with moderate risk profile and investment horizon of over three years could look at investing in balanced funds.
Unit linked insurance plans are probably the hottest selling product for most life insurance companies today.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Magical! When cricket meets cinema...
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
Mutual funds continued to buy into oil and gas, banking and finance, telecom, and media stocks in April
SBI Life, ICICI Pru have seen their valuations increase by 33 per cent and 35 per cent recently. SBI Life Insurance has seen its valuation soar after just 3 months while ICICI Prudential's valuation has increased in just 5 months.
Reserve Bank of India has allowed banks to increase their lending to Indian joint ventures or subsidiaries for funding their overseas expansion.
In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through securitisation.
There cannot be value in every stock, whether large cap or otherwise. Thus buying a stock cheap does not always translate into value buying
Reliance Mutual Fund topped the AUM chart with its AUM in excess of Rs 660 billion, while ICICI Prudential Mutual Fund came second with an AUM of Rs 487 billion.
One can short-sell an ETF or buy on margin or even purchase one unit, which is not possible with index-funds/conventional MFs.
The RBI's projections for consumer inflation over the rest of the year indicate some acceleration, with the rate reaching eight per cent in its baseline scenario.
Global rating agency Fitch said on Wednesday the credit profile of the Indian banking sector has improved in the recent years, but a great deal still needs to be done on disclosures.
Capital adequacy and tighter regulation are just one step forward.
Fund houses' tie-ups with the postal department for marketing their schemes through post offices are yet to take off in a bigger way.
