JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector
The new minister must commit himself to supporting long-term defence plans or else defence modernisation will continue to lag and the growing military capabilities gap with China will assume ominous proportions, warns Brigadier Gurmeet Kanwal (retd).
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.
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
'Every disease has traits and we have found out that actually 99 per cent of people who have got COVID-19, should recover.'
There would be an increase in NRI investment in India post elections.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In a statement, the Ministry of Home Affairs (MHA) said it has issued fresh guidelines for surveillance with regard to COVID-19 that will remain in force till January 31, as it asked the states and union territories to keep a strict vigil to prevent any rise in cases during the New Year celebrations and the winter season.
Hero Sure helps the customer get the best price for his vehicle on the basis of a transparent evaluation process.
The new Honda Amaze breaks free from its Brio moorings, and is designed to wow, says Rajesh Karkera.
The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
Dealers attribute the sluggishness in sales to distress in rural India as well as tepid sentiment in urban markets.
Snapdeal and Flipkart to battle it out over Express Delivery
The e-commerce firm recruited 18 post graduate students.
In a major move, the government has amended service rules to ensure that Indian Administrative Service, Indian Police Service and Indian Forest Service officers maintain "high ethics" and "political neutrality" while discharging their duty.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
Prime Ministers Modi and Abe enjoyed a close and empathetic relationship and this certainly gave a sustained momentum to the India-Japan strategic partnership. It is necessary for India to reach out and engage with his successor as early as possible, advises former foreign secretary Shyam Saran.
The Maggi controversy is likely to be a stepping stone in the evolution of country's packaged and processed food industry.
Adobe has roped in industry veteran Abhay Parasnis to head the firm's technology strategy, particularly its cloud portfolio, reports Ritu Jha.
Johnson spent the Monday night in the ICU at a London hospital in a move Downing Street said was a "precaution" should the British prime minister require ventilation to aid his recovery from COVID-19.
'Zero Day' visitors like Maruti Suzuki, TVS, Tata Motors, Hero MotoCorp, Ashok Leyland and Bajaj Electricals are visiting fewer campuses.
"Why is it that whenever there are no political overtones to a case, the CBI does a good job?" he said.
Predatory pricing petitions against Ola, Uber were filed from across cities.
'Any normal human being, even if he is the American president, will find it hard, at least in the initial stages, to get over the gnawing feeling that Modi is Trump's man.' 'Modi should not be surprised if India and its requirements are treated as of low priority by Joe Biden,' warns B S Raghavan, the distinguished civil servant.
Indian firms caught napping as private details of individuals were leaked
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.
Board of Control for Cricket in India secretary Anurag Thakur said a shortlist of names of individuals who are interested in taking over from Duncan Fletcher, whose contract expired at the end of World Cup, is yet to be made.
About 40 per cent of respondents felt fraud had gone up in India, while 67 per cent said the new Act would improve governance.
India has emerged as the brightest spot in the Asia Pacific region as reform has picked up pace in the country in recent months, a top credit rating agency has said.
Stating that a weak fiscal position continues to constrain India's sovereign ratings, Fitch said the next government's medium-term fiscal policy will be of particular importance from a rating perspective.
'Information highways are getting stronger and being strengthened.' 'Occasionally, accidents could occur. But do you stop constructing highways because two motor cars collide?'
Simpler GST structure will be key poll plank, Congress sources tell Archis Mohan.
The company has identified India as one of the two key markets in South Asia.
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