Latest in generational change trend in South Indian majors.
The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.
Rediff readers tell us how they spent their first salaries.
Sufficient evidence to support the allegations could not be brought out.
The building 'Matruchaya', built 35 years ago, collapsed on Tuesday night at Cholve village, following which rescue operations were launched by the National Disaster Response Force, fire brigade officials and civic authorities said on Wednesday.
The Padma Vibhushan for this year has been awarded to a total of seven prominent personalities, while 16 have been given the Padma Bhushan, 118 have been given the Padma Shri on the 71st Republic Day this year, they said.
Experts say a combination of improving asset quality and NBFCs' weak balance-sheets bodes well for both corporate and retail banks.
Lakshmi Venu's induction on Sundaram Clayton's board is part of the TVS Group's larger succession plan to make way for the women in the family.
Similar to a travel insurance that is purchased during booking flight tickets online, those booking tickets on IRCTC's website would get an option to purchase insurance for their train journey
The Ganesha temple in Flushing, New York has been drawing a large number of devotees.
Ashok Gupta, executive director, and D Sundaram, vice-chairman, will be directors at Lakme Lever along with Anil Chopra, who returns to the newly formed subsidiary.
Bollywood says goodbye to Shashi Kapoor.
Sundaram Multi Pap, a Mumbai-based paper stationery manufacturer, on Monday disowned exotic hedging contracts entered into with ICICI Bank, saying the bank had misled the company into taking derivatives positions much beyond their underlying export risks.
'He personified the kind of debonair charm, sublime sensuality and unabashed romance women fantasise about,' says Sukanya Verma.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Composer AR Rahman comes up with a lively yet unspectacular album.
If an opportunity fund is true to its calling, it will move all around, scouting for the right opportunities, be it in market-cap, sector-wise or theme-wise holdings.
Mid caps need a longer investment time frame than large caps, because of their inherent nature
With Mumbai's iconic Liberty cinema reopening for movie lovers, the spotlight is now on the city's famous Art Deco theatres.
Low-cost carrier Deccan Aviation is considering rationalisation of some of its routes as a cost-cutting measure in the backdrop of a hike in aviation turbine fuel (ATF) prices, a top company official said.
Sabare International, a Karur-based home furnishings company, has taken ICICI Bank to court over a foreign exchange derivative contract. The company has requested the Karur civil court to declare the contract void. This is the second company to have gone into a legal dispute with ICICI Bank after the Chennai-based Sundaram Multi Pap, which had alleged "mis-selling of certain foreign exchange derivative contracts for speculative purposes".
Ajith and Nayanthara will be starring in a remake of Farah Khan's Bollywood film, Main Hoon Na.
The Insurance Regulatory and Development Authority (Irda) has constituted a seven-member committee on health insurance for senior citizens.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Four IAF helicopters were pressed into service to extinguish a massive and widespread forest fire that started in the pristine forest areas 30 km east of Visakhapatnam.
Former Delhi captain Bhaskar, who is in his first season as coach, was reportedly targeted with personal insults as Gambhir used foul and threatening language, said a report in The Hindu on Tuesday
Budget carriers like Air Deccan, SpiceJet, IndiGo and GoAir are making key appointments, especially in the positions of chief finance officer, chief executive officer, while some airline executives are on their way out.
Conservative industry estimates place the cash component of mutual fund houses at Rs 25,000 crore (Rs 250 billion). Fund houses had up to 15 per cent in cash, as per the April 30 figures. The cash component exceeded 15 per cent in as many as 30 diversified equity growth funds.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Mutual funds are all set to capture the buoyancy in the energy sector. The latest to join the bandwagon is Sundaram BNP Paribas Mutual Fund, which is coming out with a three-year, closed-ended new fund offering 'The Energy Opportunities Fund'. The fund will invest in equity and equity-related instruments of companies focussed on the energy space or those directly or indirectly benefiting from it.
Mutual fund houses are bullish on the financial sector, notwithstanding the recent beating at the stock market. Fund houses like Kotak Mahindra AMC, Sundaram BNP Paribas & LIC Mutual Fund have drawn up plans to introduce products aimed at the financial services sector. Bank stocks for long had been one of the favourite picks for many fund managers. There was a slowdown in valuations of financial sector stocks but Indian corporate entities still continue to remain attractive.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Debt-oriented funds or monthly income plans with a small portion of the portfolio invested in equities can be good options.
The plant had been kept shut in violation of the order of the NGT and a subsequent interim order of the top court.
Security of Dasna jail, where Pandher and Koli are lodged, has been heightened.
Cricket icon Sachin Tendulkar and former India batsmen Vinod Kambli and Pravin Amre on Thursday fondly recalled the memories of their childhood coach Ramakant Achrekar at a condolence meeting in Mumbai.
Fundraising via equity NFOs highest since 2008; Over Rs 11K cr collected in first eight months of 2017, says Chandan Kishore Kant