India's biggest non-bank finance company, Bajaj Finance (BAF), is set to raise capital after a gap of four years. On October 5, the board of directors will meet to approve the fund raise by way of preferential issue and/or qualified institutional placement (QIP) subject to regulatory and shareholder approvals. The move, analysts said, comes ahead of expectations, and could be in the wake of simmering competition in the consumer lending space, especially with the launch of Jio Financial Services (Jio Fin). "While we still do not have finer details on the game-plan of Jio Financial, it has plans to initially foray into consumer and merchant lending.
More and more of your social interactions are moving online. Here are 10 major cultural implications of social software's growth.
Populism gains momentum during election periods, and this trend is evident in at least four states: Telangana, Rajasthan, Madhya Pradesh and Chhattisgarh.
Virat Kohli and Anushka Sharma stepped out in New Delhi ahead of RCB's next game against hosts Delhi Capitals.
'Mamata Didi is the only politician who can take on the might of Modi.'
The 64-year-old BJP leader stepped down as CM last month and made way for his party colleague Mohan Yadav to take over the top post after the saffron party recorded a comprehensive win in the state polls.
According to a study by SMC Capitals, there are about 3.1 crore (31 million) active users on social networking sites such as Facebook, Orkut and Twitter across the country, whereas the number of Demat account holders is just 1.7 crore (17 million).
Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.
The newly married couple left the village in a bid to protect their lives, while the groom's parents were allegedly prevented from fetching drinking water from a public water tank and bathing in the pond by villagers, the family members claimed.
Mitch Marsh tied the knot with his long-term partner Greta Mack
Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores. Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent on health, by 227.14 percent on housing. Its expenditure on social welfare schemes has increased by almost 2,475 per cent.
"Special circumstances" exist in Punjab, Wasnik said and added that in view of these, the AAP and the Congress have decided to fight the Lok Sabha polls separately in the state.
Indian economy, dubbed the fastest growing major economy in the world, is faced with the single most important pressure point of job creation, says former RBI Governor Raghuram G Ranjan as he makes a strong case for improvement of human capital through skill development. Talking about the book 'Breaking the mould: Reimagining India's economic future', written jointly by him and Rohit Lamba, assistant professor of economics at Pennsylvania State University, Rajan said one of the greatest strength of India is its human capital of 1.4 billion and the question is "how do you make it strong?" The nation needs to create jobs at every level going along the path of development, said Rajan, presently Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth, USA.
The ministry of external affairs and the embassy of India in Berlin have been persistently advocating for the return of Ariha Shah to India.
Market regulator scours platforms to establish link between traders and those who share info.
'Imagine what the BJP's urges would be if India's electorate awarded it truly brute majorities like the 400 plus seats the prime minister called for in the 2024 general elections?' asks Shyam G Menon.
In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.
Although the BJP has never been ballistic about the BJD and Narendra Modi has avoided being critical of Naveen Patnaik, the BJP is optimistic that the party can improve its electoral fortunes in Odisha on its own, notes Rup Narayan Das.
Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.
'If the NDA comes to power with 320-330 plus seats, then we could see some correction. We could possibly see a level of 19,500 to 20,000.' 'If the NDA comes to power with a majority of 400-plus, we could see the markets going to about 23,500-24,000 levels.' 'And from there we could see some correction because markets are expensive at this point of time and a correction is overdue.'
According to eyewitnesses, several bodies were lying on the spot, while many people were reported missing after the explosion-cum-blaze at the factory.
Urvashi Rautela has been seen in the stands on several occasions cheering Rishabh Pant though there is no hint of a romance between the swashbuckling batter and the sultry actress, both of who hail from Uttarakhand.
The latest earthquake was also felt in parts of Noida and Greater Noida, adjoining Delhi, prompting several people living in high-rises to rush out of their buildings.
The never-ending speculation surrounding Mahendra Singh Dhoni's retirement, Virat Kohli's 16-year-itch, the second chance that life has offered Rishabh Pant and Rohit Sharma's bleeding heart will make for intriguing sub-plots in the annual carnival called the Indian Premier League starting on Friday.
The high court also said that Kejriwal's absence cannot allow students to go through the first term without free text books, writing material and uniform in schools under the Municipal Corporation of Delhi.
On January 3, Bhattacherjee had strongly advocated capitalism and not socialism as the only way to industrialise the state.
Sub-divisional magistrate of Meerganj tehsil in Bareilly has been removed from his post after a video surfaced in which he is purportedly seen to have asked a man to squat in his office as a punishment.
Rashtriya Janata Dal president Lalu Prasad Yadav had thrown barbs at the prime minister over his having no family.
Popular doesn't always mean best. Here's why.
'I'm disappointed, but you just have to move forward.'
S Sreesanth reveals what Gautam Gambhir called him in an Instagram video.
If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.
Amidst suspense about his whereabouts, Jharkhand Chief Minister Hemant Soren has reached his official residence in Ranchi, a source in the Chief Minister's Office (CMO) said on Tuesday.
'Elections and audience interest in specific movies are often independent factors.'
Panic-stricken people rushed out of their houses as the tremors were felt in parts of the city.
The finance minister's assertion that industry should not expect any spectacular announcements in the 2024 interim Budget suggest that the electoral imperatives of more tax concessions or higher expenditure on welfarist programmes could be far less pronounced than they were before the 2019 interim Budget, expects A K Bhattacharya.
Let's delve into the world of IPL 2024 and meet the captains who are ready to leave their mark on cricket's biggest stage.
He presented the first-ever National Creators' Awards at the Bharat Mandapam in the national capital.
Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent
