Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
At the beginning of this year, his stake in the airline stood at 30.14%.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
This is the first big move in the investigation of the British Virgin Islands list where the I-T department has found a significant amount of tax evasion.
'We are overweight on India, as it is one of the best in emerging markets (EMs)'
The airline, part of Vijay Mallya-led UB Group, has been grounded since October 2012, after being bogged down by huge and mounting losses.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
'One big leader said you might get 3 lakh votes and still lose.' 'I said if I do I will make sure you are sleepless because it will be me and three lakh people.'
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
Has Make in India's mascot, the metal lion, begun to rust?
Oil subsidies to fall 44% in FY15.
He has also said that the overall mood of the Indian consumer remains subdued
There is one billionaire for every three million people on the planet.
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 company's executive vice president and chief financial officer Rajiv Bansal has resigned.
Jain was the architect of Deutsche's investment banking business and placed one of his former trading heads, Alan Cloete, in Hong Kong as co-CEO for Asia Pacific in 2012.
The HC also offered a ray of hope to the hundreds of employees of UB-Group owned now-grounded Kingfisher Airlines, who have not been paid monthly salaries for over a year now.
Since 2009, the Department has publicly charged 73 account holders and 35 professionals with violations arising from their offshore banking activities, and 72 individuals have plead guilty or were convicted at trial.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
The long-delayed and much-awaited $2.3 billion aircraft carrier INS Vikramaditya was on Saturday inducted into the Indian Navy in Severodvinsk, Russia, in a strategic boost to India's maritime warfare capabilities.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
In a conversation with Vishal Chhabria and Hamsini Karthik, Gautam Chhaochharia, executive director & head, India Research, UBS, explains why implementing goods and services tax (GST) may not be as disruptive as many perceive it to be. But, he warns investors shouldn't have high expectations on corporate earnings.
'Civil matters like loan recovery are being connected with criminal allegations, without any basis.'
A common factor that binds all these men is greed.
Lenders fret over stubbornly weak credit growth and still high funding costs.
More than half of Mallya's total package for 2015 has been paid by Mendocino Brewing Company for 'promoting' the company's beer brands
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
Formula One would rather cater for rich over-70s than chase a younger generation that cannot afford luxury watches and is more interested in social media, according to commercial supremo Bernie Ecclestone.
Rupee, bonds may see knee-jerk reaction, as Urjit Patel is considered an inflation warrior
Switzerland remains the 'biggest private banking financial centres for cross border wealth management' with assets worth over CHF 2.11 trillion ($2.2 trillion), as per the study conducted by the Swiss Bankers Association and the Boston Consulting Group.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
These include Goldman Sachs, HSBC, UBS, Deutsche Bank, Barclays, RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.
Experts say a lot of new wealth is being generated by promoters selling their stake.
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
The Department of Disinvestment, which is looking at mopping up Rs 40,000 crore (Rs 400 billion) from the sale of shares in public sector units this fiscal, has raised about Rs 1,325 crore (Rs 13.25 billion) so far.
RIL's standalone net profit rose one per cent quarter-on-quarter
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
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