A revenue court on Wednesday ordered return of the land sold to Rajiv Gandhi Charitable Trust by an industrial house to Uttar Pradesh State Industrial Development Corporation.
RBI would like to work on examining the regulatory framework for the voluntary withdrawal by the entrepreneur.
Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
The IMF dashed any hope that Athens could avert default.
The clean-up process begun by the Reserve Bank of India runs the risk of spiralling out of control.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
Analysts question negative net worth because of dividend payout ahead of IPO.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
Raghuram Rajan, said, the scourge of loan losses "had a tendency to increase, get too big to ignore, too late to manage, and push the system into crisis".
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
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.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
During a crisis situation, effective communication both internally and externally is one of the most important measures.
Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh
The ruling by US Judge Steven Rhodes, who cited the city's dismal finances and $18 billion owed to a multitude of creditors in support of his decision, marks a watershed in the history of Detroit.
Merely choosing investment products in accordance with your risk profile is not enough. Consider all your requirements before deciding where to put your money
Rajasthan CM Vasundhara Raje breaks her silence.
NDA government has shunned populism.
Tough conditions imposed by global lenders could cause an outcry.
The IMF's predictions for India's near-term growth may seem rosy, but the usual caveats apply - that is, we are apt to under-perform.
A big hit to China's growth or to Europe's financial system could certainly tip the global economy.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
The Indian government and RBI must keep foreign equity investors happy and avoid crushing growth expectations, notes Akash Prakash.
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, tells Puneet Wadhwa that with Moody's upgrading India's sovereign rating and earnings growth coming back, the country will remain a hot destination for foreign investors.
If the people of Tamil Nadu stop deifying their leaders and start evaluating them more objectively, the political masters too may change their wayward behaviour, argues Sudhir Bisht.
Founded in 2006, PremjiInvest's assets under management are worth over $2 billion across India
Vodafone Plc and its ex-shareholders have suffered due to the delay in an Initial Public Offer (IPO) of its Indian unit.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
'Chinese real GDP growth is 7.1% and India's is 7.4%'.
'Success will require political skill, not just economic expertise'
Investors must be cautious and follow a prudent diversification strategy to mitigate against any risks in case of any unforeseen events.
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