If the alliance works out as planned, it will give a big boost to Mahindra, as it has been struggling with its only car model Verito, managing to sell around 200 units a month
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
Why do investors need a broker to buy stocks which were dematerialised long ago and can be delivered directly into their accounts?
TCS plans to build ignio as a standalone company.
The third quarter generally has more holidays.
Foreign direct investment (FDI) in India has declined by six per cent to $5.47 billion during January-March quarter of the current calender year even as government is making efforts to promote the country as an investment destination.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
Expressing happiness over the growth of the banking sector in the last 10 years, Finance Minister P Chidambaram today described it as a great achievement of the United Progressive Alliance rule.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
We must take action to address the impediments to growth faced by our businesses and our economies. And we can only succeed by working together, says American Secretary of Commerce Penny Pritzker.
Progress on several parameters creates a tipping point situation.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
State Bank of India is likely to show a credit growth of about 19 per cent for the current fiscal ending March 2005 on the back of buoyant economy.
Moving from pricing control to a free market means stiff competition.
Rose Valley is one of the biggest money businesses after Sahara.
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
Union Minister of Finance Arun Jaitley's opined, in an article made public on his Facebook page, about the economic reforms in India's future and the potential opportunities in the nation's financial future.
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
Dr Manjiri Bakre's OncoStem is revolutionising breast cancer treatment. And has raised $6 million to do more!
Modi has made nuclear power a key element of his clean energy strategy
Western drugmakers, including Pfizer Inc, Novartis AG, Roche Holding AG and Sanofi SA, covet a bigger share of the fast-growing Indian drugs market.
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
The proposals of six para-athletes, who are training in India and abroad ahead of the Asian Para Games that will take place between October 6 and 13 in Jakarta, were also cleared at the meeting.
The combined market capitalisation of the 21 listed PSU banks declined by about Rs 76,000 crore to Rs 425,800 crore during the month.
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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
The vertical will be based out of Bengaluru.
'It is absolutely critical on pure economic terms, but it's also smart politically, because a recent survey reported that 73 percent of Indians view climate change as the most pressing global concern,' US Secretary of State John Kerry tells a high-power audience in Washington, DC.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
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