News for 'Public Debt Management'

Real estate saw $34 bn PE investment since 2014: Report

Real estate saw $34 bn PE investment since 2014: Report

Rediff.com30 Jul 2019

Knight Frank and Royal Institute of Chartered Surveyors in their report said that 10 million homes will be delivered by 2022 as targeted by the government.

Tax collections to fall short of target

Tax collections to fall short of target

Rediff.com6 Oct 2015

FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.

Amit Shah to head ministerial panel on Air India sale

Amit Shah to head ministerial panel on Air India sale

Rediff.com18 Jul 2019

While Road Transport Minister Nitin Gadkari has been dropped, the panel now has four ministers - Shah, Finance Minister Nirmala Sitharaman, Commerce and Railway Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri.

What farmers fear the most

What farmers fear the most

Rediff.com30 Sep 2020

'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'

The Rajapaksas You Did Not Know

The Rajapaksas You Did Not Know

Rediff.com7 Apr 2022

From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.

10 things to keep in mind before starting a company

10 things to keep in mind before starting a company

Rediff.com19 Nov 2019

Did you know that the Government of India has granted certain tax exemptions to start-ups for a prescribed period?

RBI warns of more fiscal slippages for states

RBI warns of more fiscal slippages for states

Rediff.com8 May 2019

Ahead of the general elections, a slew of states and also the Centre had doled out sops to the marginalised sections, including the farmers and the poor.

Market turmoil is bad news for IPOs

Market turmoil is bad news for IPOs

Rediff.com16 Mar 2020

Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.

Bad loan resolution: Is crony capitalism at play?

Bad loan resolution: Is crony capitalism at play?

Rediff.com23 Jul 2021

One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.

RSS arm says divestment of Air India, BPCL was 'uncalled for'

RSS arm says divestment of Air India, BPCL was 'uncalled for'

Rediff.com2 Dec 2019

In a resolution passed at its national assembly in Haridwar, the SJM said the Modi government's proposed strategic divestment of PSEs was an "imprudent business decision" and "against national interest".

Tracing the chequered life of V G Siddhartha

Tracing the chequered life of V G Siddhartha

Rediff.com31 Jul 2019

Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.

Is it the right time to invest in bank stocks?

Is it the right time to invest in bank stocks?

Rediff.com4 Apr 2016

With strong long-term fundamentals, banking sector cannot be completely ignored

What is the RBI governor up to?

What is the RBI governor up to?

Rediff.com10 Mar 2021

What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.

Not Lehman but a Northern Rock moment for India

Not Lehman but a Northern Rock moment for India

Rediff.com17 Oct 2018

Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.

RBI's balance sheet expands by 30% in 2019-20

RBI's balance sheet expands by 30% in 2019-20

Rediff.com25 Aug 2020

The balance sheet of the Reserve Bank plays a critical role in the functioning of the country's economy.

How Malvinder and Shivinder Singh destroyed the legacy they inherited

How Malvinder and Shivinder Singh destroyed the legacy they inherited

Rediff.com27 Mar 2018

Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh

Challenges that Dinesh Khara, the new SBI chief faces

Challenges that Dinesh Khara, the new SBI chief faces

Rediff.com8 Sep 2020

Relations with the government, the bank's majority owner, are a tricky issue for all SBI chiefs, and, like all his predecessors, Khara will be closely watched for his equations with the finance ministry representative on the SBI board.

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

Rediff.com2 Oct 2018

The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31

Unitech board okays plan to raise Rs 5,000 crore

Unitech board okays plan to raise Rs 5,000 crore

Rediff.com23 Dec 2008

The board of Unitech Ltd, the country's second largest realty company, has approved a plan to raise Rs 5,000 crore through debt and equity issues and will convene an extraordinary general meeting on January 19, 2009 for shareholder approval. Sanjay Chandra, Unitech managing director, said today's proposal was a flexible enabling provision.

RBI is 80! Milestones of an illustrious journey

RBI is 80! Milestones of an illustrious journey

Rediff.com2 Apr 2015

With a sole mandate of inflation targeting, RBI wears many hats.

What was Pratip Chaudhuri's crime?

What was Pratip Chaudhuri's crime?

Rediff.com23 Nov 2021

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.

Air India owes Rs 5,000 cr in fuel dues; hasn't paid for 230 days

Air India owes Rs 5,000 cr in fuel dues; hasn't paid for 230 days

Rediff.com23 Aug 2019

IOC, BPCL and HPCL on Thursday afternoon stopped ATF supplies to Air India at six airports - Kochi, Pune, Patna, Ranchi, Vizag and Mohali - over payment defaults. AI flights from these places were tanking up from other airports.

'Air India sale offer is a win-win for all'

'Air India sale offer is a win-win for all'

Rediff.com28 Jan 2020

'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'

Kingfisher plans IPO to fund Airbus deal

Kingfisher plans IPO to fund Airbus deal

Rediff.com22 Nov 2005

India's private carrier Kingfisher Airlines, which placed orders for 30 Airbus A320 aircraft worth $1.9 billion at the ongoing Dubai Air Show, has said the carrier would go public to finance the deal.

Raghuram Rajan's 'surgery' uncovers more bad loans

Raghuram Rajan's 'surgery' uncovers more bad loans

Rediff.com26 May 2016

Raghuram Rajan's 'surgery' uncovers more bad loans

Indian financial system is in Darwinian mode: Uday Kotak

Indian financial system is in Darwinian mode: Uday Kotak

Rediff.com17 Dec 2019

Noted banker Uday Kotak said the country's financial system is currently in a Darwinian mode as only the fittest lenders are able to survive. Kotak also said that historically, whenever there has been a problem with a private sector lender, it has been merged with a state-run bank.

Sebi proposes e-IPO norms; fast-track divestment by PSUs

Sebi proposes e-IPO norms; fast-track divestment by PSUs

Rediff.com8 Jan 2015

To boost fund raising from markets, Sebi on Thursday proposed e-IPO norms where investors can bid for shares through Internet and eventually on mobiles, while already listed PSUs will be provided a 'fast-track' route for share sales to meet the disinvestment targets.

Investing in an IPO may get you good returns but tread with caution

Investing in an IPO may get you good returns but tread with caution

Rediff.com10 Jul 2015

About 55 per cent of the public offers that hit the market since 2008 are still trading below their issue price.

G-20 acknowledges India's concerns on currency volatility

G-20 acknowledges India's concerns on currency volatility

Rediff.com6 Sep 2013

Taking on board India's concerns, the G-20 Summit on Friday acknowledged that excess volatility of financial flows and disorderly movements in exchange rates can affect economic and financial stability of emerging markets and called for sound policies to address it.

Amundi buy of Pioneer makes it sponsor of 2 funds

Amundi buy of Pioneer makes it sponsor of 2 funds

Rediff.com23 Jan 2017

One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout.

Was Peter Kerkar responsible for the 'death' of Cox & Kings?

Was Peter Kerkar responsible for the 'death' of Cox & Kings?

Rediff.com12 Dec 2020

Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.

5 financial decisions for the New Year

5 financial decisions for the New Year

Rediff.com14 Jan 2015

These simple changes can add a significant thrust to your overall money management over time.

Is Indian economy capable of attracting foreign investment?

Is Indian economy capable of attracting foreign investment?

Rediff.com26 Apr 2015

Since 2000-01, the Indian economy has shown the tendency of being unable to absorb all domestic savings as investments.

LIC has invested Rs 55,000 cr in equity market

LIC has invested Rs 55,000 cr in equity market

Rediff.com9 Dec 2020

'In FY21, as of October, LIC has booked a profit of Rs 18,800 crore through sale of equities.'

Banks Board Bureau cracks the whip on errant promoters

Banks Board Bureau cracks the whip on errant promoters

Rediff.com3 Aug 2016

In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.

Sigh! 2016 was a tough year to make money

Sigh! 2016 was a tough year to make money

Rediff.com27 Dec 2016

Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.

Bakshi to take up McDonald's row with CLB

Bakshi to take up McDonald's row with CLB

Rediff.com5 Sep 2013

Vikram Bakshi, the estranged partner of fast-food chain McDonald's, will seek reinstatement as managing director of the 50:50 joint venture Connaught Plaza Restaurants, with a plea to the Company Law Board seeking the 'deadlock' in the August 6 board meeting be resolved.

Shorts: Harikrishna slips to 10th spot at Champions Chess

Shorts: Harikrishna slips to 10th spot at Champions Chess

Rediff.com28 Dec 2020

Six players -- Dubov, Nakamura, Aronian, Carlsen, Radjabov and So -- share the lead with 4.5 points after eight rounds.

Bharti Airtel logs Q2 net profit at Rs 1,134 cr

Bharti Airtel logs Q2 net profit at Rs 1,134 cr

Rediff.com2 Nov 2021

India's second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU. This is against a loss (attributable to owners of the parent) of 763.2 crore during the year-ago quarter, the company said in a statement. Its consolidated revenues for the second quarter of FY21 stood at Rs 28,326.4 crore, up 18.8 per cent year-on-year (on a comparable basis) and 13 per cent y-o-y on a reported basis, it added.