On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Shadow banks, or non-banking financial companies (NBFCs), like commercial banks, are to test non-performing assets (NPAs) on a daily basis and upgrade them to "standard assets" only when interest and principal arrears are settled by borrowers. This is going to create all manner of headaches for shadow banks and their clientele. Says Y S Chakravarti, managing director and chief executive officer (CEO), Shriram City Union Finance: "NPA levels will go up, especially of small borrowers.
The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. It is finally set to hit the India roads but the challenge of creating a new category in the competitive automobile market has only just begun.
The space agency has set 2020 as the deadline for the first privately built rocket to be launched into space.
The Indian space agency has already begun work on the third generation of the earth observation satellite -- the first of which will be ready by 2018 and boost the capability to generate digital maps.
A lower base could be part of the explanation but not all.
At present, there are many vehicles that weigh close to the proposed increased weight of 600 kg.
The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
Global analysts say a successful launch of operational GSLV MkII rocket will reduce dependency for ISRO on foreign launchers.
India took the first step towards legalising drones by officially publishing draft rules for drone operations in the Official Gazette on Friday. The rules, termed The Unmanned Aircraft System Rules, 2020, are open for public consultation for 30 days.
A financial loss of Rs 8 to Rs 10 crore has been estimated due to the violence.
'They are waiting for the kind of experience they had in the film, the kind of emotion they felt in the film.'
'Approach people with respect, mindful that they know their job better than you do, and that you're not superior to them just because you may be better educated or their boss.' Skoda Auto VW India MD Gurpratap S Boparai cites his management credo to Pavan Lall.
School dropout Mahashay Dharampal Gulati, famously known as 'MDH Dadaji' for repeated appearance in his spice brand's television ads, started his spices business journey in a nondescript shack in Delhi's Karol Bagh after selling his tonga, and went on, at the age of 94, to becoming the highest-paid CEO in the country's FMCG sector.
'Saying the private industry will come and transform India's space programme is real moonshine!'
Enfield enjoys almost the entire 250-350 cc motorcycle market in country
'What volumes will we have with a Rs 1 lakh product?' 'As a company, we will not restrict it to a segment.'
Indian Oil Corporation, in association with Tata Motors, has begun trial of the country's first biodiesel-run cars.
Consumer groups have urged Bajaj Auto not to bring the Qute to India until such a time that necessary adjustments have been made to its design
Ideas don't have border controls and visas.
Several exemptions have been given to reduce the cost of raw materials.
Durable goods companies and retailers say online sales won't compensate for the fall in offline sales.
Pad was a moniker for the Premier Padmini, which became the jewel in the crown of the Mumbai-based Walchand Hirachand Group.
Its proximity to popular tourist destinations like Agra, which attracts 45 per cent of the international passenger traffic at IGI, could be diverted to Jewar.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
A lack of adequate disclosures raises the financing costs of corporate firms, especially sub-investment grade ones, and keeps the capital markets small, believes RBI deputy governor Viral Acharya.
Clashes were reported from Kharagpur in West Midnapore district, Narayanpur in North 24 Parganas, and Alipurduar town in north Bengal, among others.
The intrusions into India were likely carried out by the PLA's better trained and equipped 'mobile operational units'.
Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.
Auto major Tata Motors on Tuesday launched a new version of its small car Nano, which has dual fuel option of petrol and CNG, priced between Rs 2.40 lakh and Rs 2.65 lakh (ex-showroom, Delhi).
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
Yet another security breach at one of the world's heavily guarded buildings.
Dilip Kumar remained in demand all through his career because he kept reinventing himself in keeping with the changing times in Indian cinema, argues Mohammad Asim Siddiqui.
There is an attempt to brush aside the results of all surveys that point to a deteriorating jobs situation. This is counter-productive, says Mahesh Vyas.
There are about 5.7 crore small entrepreneurs.
Sensex may remain under pressure this week due to weak global factors.
'There were moments when you didn't know if you will get out of there alive.'
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