Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
Sikka said second quarter will be better than the April-June period
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Because of corrections in property prices and oversupply in the office segment, the rich are investing in hospitals, warehouses, ATMs and other alternatives to traditional investment options.
Will Infy spring a surprise in subdued second quarter?
Minimum investment size under portfolio management services may be raised, so that small players can avoid risk.
Experts say a lot of new wealth is being generated by promoters selling their stake.
Deutsche Bank could be the next to trim its retail operations.
Banks are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers.
Morgan Stanley's Asia and Global Emerging Markets Strategy Report downgraded software firms on valuation and earnings concerns.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
The UK contributed to nearly $20 billion or 18% of India's $108 billion software exports for 2016.
Secondary market might be a better bet for investors
At Infosys and Wipro, 8,200 roles have been impacted in six months.
Tata Motors was the top gainer on better-than-expected June quarter revenues
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
Reserve requirements, mandatory investment in G-secs under Companies Act may slow lending for HNI investment in IPOs.
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