American Tower bulks up in India with $1.2 billion Viom stake buy
If net forex outflows turn out to be relatively high in the next few years, the rupee could depreciate beyond Rs 80 to a dollar by 2022. The causal reasons could, for example, include unmet expectations of FPI and FDI investors about the performance of the Indian economy, sharp rise in prices of imported oil and decrease in FX remittances. The RBI has to ask itself whether guaranteeing future rupee-dollar exchange rates on FX forward contracts is a reasonable way to use its risk-bearing capacity, says Jaimini Bhagwati.
The hype surrounding the Budget gives it undue importance.
Apple Watch is expected to be available for preview from April 10.
Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
Dy Governor notes it's an era of job changes for better.
Economist Arvind Panagariya has also argued for loosening deficit targets to boost capital spending
The S&P BSE Sensex has gained 149 points to open at 25,802.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
What Shekhar Gupta would have really liked to know from Pranabda: Why did Sonia prefer Dr Singh to him as PM? Why did he deny finance first, why did he accept it 5 years later, and why did he make such a mess of it? How did he force Sonia to nominate him for President and not Hamid Ansari? And how does he justify that most toxic legacy -- the Vodafone tax amendment?
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
There can't be a parallel inquiry and parallel monitoring by the courts, Attorney General K K Venugopal told the court.
The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya's ailing Kingfisher Airlines against the run of play, e-mails and letters claiming this and accessed by CNN-News18 indicate.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
Keep regular track of financials, including cash flow and management changes
India Inc has too much on its plate to ensure double digit growth in FY16.
'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.
A glance back at some important events that occurred in 2018.
Kiran Kumar Grandhi, 38, was earlier in charge of the urban infrastructure and highways business, which contributes five per cent of the Rs 10,000-crore revenue of GMR Infra.
She needs to find innovative ways to at least match the growth during Gehlot's rule.
What's a job got to do with your CIBIL score? Surprised? Well, here's the connection
The Central Bureua of Investigation sought a maximum of seven years imprisonment for the five convicted persons and imposition of heavy fine on the private firm.
Shifting to a PPP model could repeat the errors of the past
The taxpayers and honest borrowers suffer when a big entity defaults.
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
The Arun Jaitley-led finance ministry reiterated banks should act tough on wilful defaulters.
Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won't pose as big a risk as it had six months ago.
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
He added that the risks can increase if the Chinese slowdown gathers more speed.
RBI would like to work on examining the regulatory framework for the voluntary withdrawal by the entrepreneur.
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.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
The IMF dashed any hope that Athens could avert default.
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
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.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
