'We focused on de-risking our balance sheet but we are very clear that the steps we have taken over the past few years, about changing the proportion of the loan mix, improving the ratings of the incremental portfolio, and reducing the concentration risks have now created a strong position that will allow us to attain growth with stability.'
Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.
Is it a last ditch attempt to reassure consumers, or a way to gain the upper hand at the negotiating table, or is it just a way of exhausting the treasure chest before the lights go out
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
A third of FMCG sales and half of motorcycle sales come from the hinterlands
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
Tracking the strong momentum in the broader market, as many as 99 stocks touched their one-year high level on the BSE on Monday.
The ICICI board, which consists 12 members, is divided on whether Kochhar should be on leave during the internal enquiry
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
Market leader Bharti Airtel added the maximum 17.22 lakh (1.72 million) new users during the month to take its base to 19.65 crore (196.5 million) at the end of November.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
GSM based mobile service providers jointly added over 44 lakh new customers, taking their cumulative customer base to 67.88 crore in September, according to data released by industry body COAI on Wednesday.
Twenty-six entities, including the Tatas, Aditya Birla Group, Anil Ambani-led Reliance Capital and Religare, apart from India Post, applied. Videocon Group, later on withdrew its application.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
The company will wait for sizeable user base for better valuation.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
HDFC Bank managing director Aditya Puri, ICICI Bank MD and CEO Chanda Kochhar, and Axis Bank MD and CEO Shikha Sharma did not receive their bonuses in full for financial year 2016-17
Demerging print and TV news businesses will allow for separate investment by interested players.
As freebies/gift vouchers attract GST, retailers are opting for straight discounts this festive season.
Bharti Airtel is the largest mobile phone operator in the country.
Trai plans to allow consumers to change operators without changing set-top box
Telecom operators stressed that differential pricing for data is necessary for growth.
The rupee's slide to a two-year low will impact consumer durables and electronics companies, as the import content in their products tends to be high
RBI had received 72 applications for small finance bank licences.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
Monte Carlo has raised a little above Rs 100 crore (Rs 1 billion) from anchor investors at Rs 645 a share.
Overall mobile phone production was about 68 million in 2014, increased to 100 million in 2015 and 350-400 million in July 2016.
The festive season, which usually starts from September, is when 35 per cent annual sales get transacted for most durables firms.
Petroceltic is headquartered in Dublin with offices in Edinburgh, London, Algiers, Varna, Cairo and Rome.
- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated
At present, seven companies are planning to raise Rs 2,965 crore (Rs 29.65 billion) and have Sebi's approval. Another 12 firms, intending to mop-up Rs 5,362 crore (Rs 53.62 billion), have filed draft documents with the capital market watchdog and are awaiting approval, Prime Database managing director Pranav Haldea said.
These circles account for 23 per cent of Bharti's revenues and armed with additional spectrum, it will eat into rivals' share
India Inc says way forward is for Modi govt to work with other political parties to get bills passed.
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