'Common sense says if one can afford, servicing the loans during this period is a better bet than postponing it by three months,' says Tamal Bandyopadhyay.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
Shanghai's benchmark share index plunged below 4,000 points for the first time since April
'"We want to get the learnings from Flipkart and take it to other parts of the world," Walmart CEO Doug McMillon was quoted as saying.' 'That is a very large tuition fee for an MBA in a country that outdoes Brazil and perhaps even China in busting multinationals' knees and sometimes their heads as they try to crack a market of mostly impoverished people run by a government that has never really given up the sadistic pleasures of administering the license raj,' notes Rahul Jacob.
Of the 700-odd Indians having foreign bank accounts, not all can be deemed to be operating these illegally.
Current FDI norms allow a foreign airline to hold up to 49 per cent in a domestic carrier.
A new solution to raise deal speed is expected to avoid hiccups in trading when launched on August 1
Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries
'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.
Although this may not be music to Raghuram Rajan and Viral Acharya's ears, the real reason in my estimation for their quitting is expatriate over-sensitivity, intolerance or arrogance, argues B S Raghavan, the distinguished civil servant.
The sector faces many challenges and calls for prompt corrective action.
Monsanto has taken the government to court over the royalty.
Sensex, Nifty under pressure on weak global cues.
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
Half of the sharp rise in stocks in 2014 was driven by re-ratings - rise in price-to-earning ratios on hopes the new government would turn around the economy which will reflect in corporate earnings.
Legal hurdle cited in I-T action against 32,000 entities.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
V Viswanand, director and head, Products and Persistency Management, Max Life Insurance, will answer your queries in an online chat September 3, between 2 pm and 3 pm.
Sahara relied on a letter from bank saying the funds were there.
Such investments come with their own share of risks and buyers may need to hold on for at least 5 to 10 years.
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
The comments came after Indian Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying 'mindless populism' needs to be checked as India aims to boost growth.
When oil prices are very high, cutting down the subsidy results in sharp increase in oil prices.
Amazon's investors are counting on its international business and expansion to help drive growth and support its $165 billion market value, one of the highest among US firms.
A government that confuses PowerPoints for policy is delaying structural change too much.
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
While Indians don't buy property during May-September due to the holidays/rains/ religious reasons, buyers should scout for property now.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
Housing prices could drop by up to 30% over 6 to 12 months after demonetisation.
Here are 15 things that would have made 2015 a great year.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
Power firms can pass on burden to consumers, stocks rise up to 2%
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