Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
The benchmark Sensex gained 4,642.84 points, or 16.%, while the broader NSE Nifty surged 1,572.85 points, or 18.20% during this period.
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Acquisitions are done to synergise with existing offerings of firms; to strengthen or enter new areas, platforms or geography; find new customers for its products; keep parts of the acquired organisation, perhaps the digital in the case of Mindtree, and to sell others to increase its own value. Never is it to grow the acquired organisation more than itself, says Pankaj Chandra.
The broader Nifty ended on top of 9,800 again.
Can business schools re-invent their role, asks Ajit Balakrishnan.
Investors booked profits in recent gainers
With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
"There was not a single decision that I took during my second tenure without discussing it with Ranga and getting valuable input from him," says Narayana Murthy.
The new entrants are young, enterprising Chinese men and women who want to tap into the promising Indian market.
The agrarian crisis must be met with similarly speedy responses.
Sensex ends in green, bluechips in spotlight.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
The street-fighter attitude is what keeps Rane going even at 69. The expectation is -- at least in the BJP camp -- that he will be itching for a battle royale with the Shiv Sena in its bastions.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
'Once I was ready with my product I started looking for funding and realised people would not understand how a woman could, without a technology or an IIT/M background, be running the business alone.' 'Today when I connect the dots I feel grateful about how I have been able to overcome and learn with every failure.'
I still believe that it is a good thing that think tanks are mushrooming in Delhi. They provide a platform for discussion, even if they shed more heat than light. With Parliament almost incapable of serious debate, informed discussion and civilised discourse, where does this nation get its intellectual churn, asks Mohan Guruswamy.
Shreekant Sambrani is confident that today's adversity will make the country emerge even stronger
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Prime Minister Narendra Modi promised a conducive environment for manufacturers, including a discrimination-free tax system
Analysts mostly prefer domestic plays beside select films with foreign exposure.
What the new defence minister does with the Rafale fighter jet deal will decide if India wants to build genuine, long-term defence capability through an indigenous product that slashes life-cycle costs, or opt for glitzy signing ceremony with foreign vendors that would please the public, says Ajai Shukla.
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
The time the companies have to get ready for GST is 6 to 12 months.
Building your credit from scratch during your post-graduation years is a good idea because it gives you the opportunity to build a solid foundation for your credit history. Here's how to go about with it.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
'Where did this fungus suddenly come from and get all over the country?'
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
The state is trying hard to improve ease of doing business by several notches.
Netflix and Prime have decided that rather than only buying the rights to Bollywood blockbusters to expand their reach in India, producing original content would be a better idea.
India is capable of developing GM crops, Randy Hautea, global coordinator for International Service for the Acquisition of Agri-Biotech Applications, tells Kanika Datta.
The prime minister sought to allay slowdown concerns saying the fundamentals of the economy are strong, with low inflation and a potential to boost exports.
Raghav tells Rediff.com's Shobha Warrier how he and his cousin Mukund co-founded Renew IT, which refurbishes discarded computers and makes them affordable for the poor in rural India.
