The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.
'I was shocked by the kidnapping episode. I could have lost my life.'
S&P Global Ratings on Monday expressed scepticism over allowing corporate ownership in banks given India's weak corporate governance amid large corporate defaults over the past few years. It also said that the Reserve Bank of India (RBI) will face challenges in supervising non-financial sector entities at a time when the health of financial sector is weak. Last week, a RBI panel had proposed that large corporate may be permitted to promote banks, as well as raising the cap on promoters' stake in private sector banks to 26 per cent, from15 per cent at present.
Ritesh Agarwal, founder of Oyo Hotels and Homes, seems to be making all the right moves. In a quick chat with Karan Choudhury and Neha Alawadhi, Agarwal explains the moves he has made in the past 12 months to make his operations global.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
'India is still a small market but whatever we do, we do it with full focus.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
DDinesh Kumar Khara is someone who cares for others's ideas and suggestions.
If he takes the people along with him (which he always does); cares for the customers (80 per cent of SBI's new customers are in the 20-40 age group); and doesn't take his eyes off technology, his job is done, says Tamal Bandyopadhyay.
Indian Economy poised for growth, say experts.
SBI was the top gainer after it reported lower-than-expected rise in bad loans
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
Tax Guru Anil Rego answers your personal income tax queries.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Investing in ETFs is similar to buying and selling shares on exchanges through your trading account, points out Ashwani Bhatia, MD and CEO, SBI Mutual Fund.
Kagiso Rabada considers himself 'blessed' to have been a part of the 'Born-Free generation' with parents, who endured tough times to create a level-playing field for him.
'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.' 'And this is precisely the cause for the mess,' says J N Gupta.
V G Siddhartha's wife has the support of the employees. But the challenges ahead of her are tough.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The collection of mostly small and medium sized businesses is a hotchpotch of ventures and include design schools, schools, villas for hire in Goa and a country club in Gurgaon.
BCCI president Sourav Ganguly wants injured senior opener Rohit Sharma to tread cautiously while deciding on competing for his IPL team Mumbai Indians in the play-offs as he risks aggravating the hamstring tear that led to his exclusion from the Australia-bound India squad.
Senior Congress leader and former Punjab chief minister Captain Amarinder Singh feels that Sonia Gandhi should retain the leadership of the party for now, as Rahul Gandhi still has things to learn.
After outclassing Bangladesh by eight wickets in the second T20 International in Rajkot on Thursday, India's off-spinner Washington Sundar said that spinners have a very important role to play in the shortest format of the game.
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
Tax Guru Anil Rego answers your personal income tax queries.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'