MF investors may not be able to support markets fall if selling intensifies
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
Executives in the segment say some top European, Japanese and Korean retailers are seriously interested.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
'This is part of our efforts to make it easier to do business.'
I-T will now ask the company to produce documents and validate the source of the recovered cash.
Some experts had said the Budget did not have much in terms of big ideas.
The interest it has generated among designers who are helping create new styles and uses for the product is likely to leave a lasting imprint on the future of khadi.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
Last August, RBI gave in-principle approval to 11 applicants.
Navil Noronha stepped out of the shadows to address the media for the first time during the company's recent IPO.
Economists have asked Finance Minister Arun Jaitley to lower interest rate, rationalise subsidies, remove all cess and surcharge, do away with the retrospective tax amendments and scrap dividend distribution tax to revive investment cycle and promote growth.
Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
L&T chairman AM Naik is worried about few things.
Telecom companies (Airtel, Vodafone, ABNL-via Idea Cellular), which enjoy larger reach, appear to be better placed among the key companies bagging payments bank licences.
The deal, part of the Jaypee Group's plan to cut Rs 60,000-crore debt, follows months of negotiations.
Minacs will be integrated it into SYNNEX's BPO business, Concentrix.
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mukehs Ambani, KLakshmi Mittal, Azim Premji features in top ten rich Indians list.
Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
Modi and his corporate sector supporters have identified Maharashtra as a key state where the BJP-Shiv Sena can pick up more seats. In fact, it is estimated that if the Thackeray cousins join hands, the NDA partners can improve their tally from the present 23 seats by adding another eight to 10 Lok Sabha seats, reports Anita Katyal.
According to industry experts, companies in sectors such as consumer durables (fans, air-conditioners), power cables and the electrical industry will be hit, given that they are big users of copper.
Last year, the software giant launched a cloud adoption programme for SMBs.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Prayas Jain has been arrested for allegedly buying secret documents.
Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
The members of these trusts enjoy tax and other benefits at par with EPFO subscribers.
The average premium at $390 Main Japanese Port (MJP) was almost 47 per cent higher than 2013-14.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
Wishlist for new PM includes growth boosters, reining in inflation, faster project clearance and reversal of Land Acquisition Act
Readying itself for a bank licence, Anil Ambani-led group's Reliance Capital on Wednesday said Japan's Sumitomo Mitsui Bank and Nippon Life would become its strategic partners in the proposed banking venture, with each having 4-5 per cent stake.
Index heavyweights ITC was the top gainer along with RIL and HDFC
No financial details were disclosed.
Bandhan financial Services will raise funds via internal accruals.
A section of the media on Thursday reported, quoting an unnamed EC official, that it may not allow RBI to go ahead with the plan before the polls and that they need more clarity from the Mint Road on certain aspects.