Market cap of government companies has remained unchanged in the past 8 years.
'The announcement has come too late. This should have been done years ago.'
The intra-city cable leasing deal will give RCom Rs 1,200 crore, which will be used to clear some of its debt.
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
More than 10% (40 of 498 companies) have lost at least half their market value.
Bupa and Axa have already declared their intention to raise stakes.
Asian markets were trading mixed with the Nikkei gaining after the US dollar strengthened against the yen.
India Inc has few leaders who are likely to grab headlines in 2015.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
RIL's standalone net profit rose one per cent quarter-on-quarter
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
With their balance sheets under stress, private companies have lost interest in them.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Market regulator also announces measures for mutual funds sector.
Indian CEOs might like to make some serious course correction.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Sensex may remain under pressure this week due to weak global factors.
Unlike last year, investors turn cautious on e-commerce sector.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
According to a source close to the development, the government is set to come out with a notification in this regard by the end of this week.
The S&P BSE Sensex ended 190 points up at 23,382.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Let all the stakeholders, especially the government, remember that if the Make in India lion needs to roar and rise again, it won't happen unless India Inc rises too, points out Shekaar Subramanian.