rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.
Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term.
Yes Bank will visit the capital market with an initial public offering to raise over Rs 300 crore (Rs 3 billion) and tier-II capital bond issue of Rs 100 crore (Rs 1 billion) before June to fund business growth plans, including branch network.
'Markets are not expensive; they are fairly priced.'
Erick Callejas, 10, can be found on weekends blowing his whistle and calling the shots at local games, inspired by his referee father Ramiro.
Set to return after an injury-induced break, two-time Olympic medallist PV Sindhu is aware the road to Paris will be "challenging" and she needs to be "smarter" in her pursuit of coveted gold medal in the French capital.
As India seems to be picking 'Bharat' at least in official communication, here are some interesting name changes.
According to insiders, their lack of enthusiasm is showing on the ground. There is nothing to suggest that their enthusiasm will return in the final four phases of polling, observes N Sathiya Moorthy.
Rana Kapoor gets interim relief from Bombay HC but directors' appointment subject to final order.
In its reply to the Securities Appellate Tribunal (SAT), the Securities and Exchange Board of India (Sebi) said urgent action was warranted against the promoters of Zee Entertainment Enterprises Limited (ZEEL) in the alleged fund diversion case to safeguard the management and protect investors and other stakeholders. It termed the applications made by Essel Group Chairman Subhash Chandra and ZEEL managing director (MD) and Chief Executive Officer (CEO) Punit Goenka as "completely false and misleading" in its response submitted to SAT on June 17. "We have a situation before us where the chairman emeritus and the MD and CEO of this large listed company are involved in a myriad of different schemes and transactions through which vast amounts of public money belonging to listed companies are diverted to private entities owned and controlled by these persons.
Accepting his mistakes, Kejriwal asserted that it's time to get back to work.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
The Congress last week hit out at Prime Minister Narendra Modi for his criticism of then PM Indira Gandhi's decision to use the Indian Air Force in Mizoram in 1966, saying he "twisted decisions" taken by his predecessors out of their political and historical context to score "petty debating points".
If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.
rediffGURU Hemant Bokil answers your personal finance queries
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Mayank Mehra, smallcase, manager and principal partner at Craving Alpha,believes that strong economic growth prospects, attractive valuations, and government reforms could support foreign investment flows in the next month.
'It was a machinery of death. A large number of Hindus were first converted and then persecuted from 1560 all the way to 1812!' says novelist Richard Zimler.
'What you need is a credible Opposition, a credible platform to persuade people to believe that it can replace this government.'
'AI is not a new thing for us. We started our AI journey in 2015.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
The entire operation was meant to have a chilling effect on independent journalists, those not completely subservient to the regime, the small section still doing what the Fourth Estate should do -- raising questions to those in power.
rediffGURUS Hardik Parikh, Tejas Chokshi, Mihir Tanna and Sanjeev Govila answer your tax related queries.
'You will really wish oh! Had I stayed in Dharavi I would have got a nice house. I can assure you that. We will make dreams come true.'
Prithvi Shaw will be plying his trade for English county side Northamptonshire after finishing his Duleep Trophy engagements later this month.
Pharmaceuticals major Mankind Pharma reported a 21 per cent year-on-year (Y-o-Y) increase in net profit, with revenue rising by 12 per cent Y-o-Y in the second quarter of the financial year 2024 (Q2FY24) in a regulatory filing lrecently.
Take a bow Rilee Roussow, Liam Livingstone/
Low cost of funds and low credit growth have meant unprecedented levels of capital adequacy ratios (CARs) for banks.
Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.
In the post-match press conference, Iyer was quizzed about short ball being a problem for him and Iyer, in reply, snapped at the reporter saying: 'When you say it's a problem for me what do you mean?'
Inexperience cost England, feels Morgan
Ahead of the ODI World Cup, an inspection team from the International Cricket Council is checking the readiness of venues that will host the quadrennial extravaganza in October-November this year.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
'80% of the rural and urban population don't have enough purchasing power.'
Not known to share the best of equations with his former deputy, Rajasthan Chief Minister Ashok Gehlot on Wednesday came out in support of Sachin Pilot amid allegations by the Bharatiya Janata Party that his father, former Union minister Rajesh Pilot, was involved in the bombings over Mizoram in 1966.
Rajya Sabha Chairman Jagdeep Dhankhar on Wednesday referred the complaints of four MPs, who accused Aam Aadmi Party MP Raghav Chadha of proposing their name in a House panel without their consent in violation of rules, to the privileges committee to examine and investigate the matter.
Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.
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