On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".
'As long as the government owns the banks, bankers will follow signals from politicians as to how to lend.' 'State-owned banks will remain State-owned banks as long as the current dispensation is in power -- and certainly there will be no change if the other chaps get in,' says Mihir S Sharma.
'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
Banks have not cut rates yet as March is typically a busy season.
Governor Rajan can be more unambiguously pro-growth.
With a rise of around 30 per cent in the benchmark index S&P BSE Sensex, 2014 has been the best year for Indian equity markets since 2009, when the benchmark index surged 81 per cent.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
The Duncans Goenka group is in a spot of bother over the death of workers and non-payment of dues to employees.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
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Returns on godl have depleted in past few years,
'A law firm checked credentials of Karan Ajit Judge and Nouam'
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
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Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.
This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.
Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
Dabhol's assets will be demerged into the power plant and the LNG terminal.
The Delhi CM's principal secretary has been described as quick, decisive, and quite unlike a 'babu'.
Single window clearances for realty must.
Nobody is clear what 'minimum government maximum governance' means.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
A glance back at some important events that occurred in 2018.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
'I want to leave behind the bank stronger and better than when I took over.'
The industry status will help the sector access bank lending at average interest rates
'This wipes out the entire black money in the nation in one stroke. Ninety per cent plus of the black money is kept in Rs 500, Rs 1,000 notes. What they have done is a brilliant move.'
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Jaitley's Budget has the potential to change the face of Modi's Bharat
Finance Minister Arun Jaitley said the inflation index would determine the nominal growth figure, and it is better to set modest targets and outperform them.
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