Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
German Chancellor Angel Merkel, French President Francois Hollande, Chinese Prime Minister Li Keqiang, Pakistan Prime Minister Muhammad Nawaz Sharif and Switzerland President Simonetta Sommaruga would be participating in the 45th edition of the meet.
A tally around 150 in Gujarat can see the index hit 10,700 levels going ahead
Chinese stock markets have slumped 30 per cent since mid-June.
News of all that's transpired on and off the football field
At the close, the 50-share NSE Nifty was at 8,611.15, up 19.90 points, or 0.23 per cent, after moving between 8,637.15 and 8,555.20.
The B-school also witnessed new roles in the domain.
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Bank of Baroda has relatively better position on impaired assets.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Oil subsidies to fall 44% in FY15.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
Independent market analyst Ambareesh Baliga points out the red flags that retail investors should not have ignored and lists three scenarios -two of these scenarios offer a glimmer of hope to retail shareholders of Yes Bank - that could play out in the coming days.
Goldman Sachs downgraded its rating on Indian stocks to 'underweight'.
Air India is keen to raise working capital by selling aircraft.
Both Sensex and the rupee posted slight gains on Monday but Brexit concerns lingered.
The top four countries account for 60.3% of the total worldwide HNWI population.
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
Further outperformance hinges on pickup in industrial activity, buying by local investors.
These include Goldman Sachs, HSBC, UBS, Deutsche Bank, Barclays, RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Continued outflows amid moderation of domestic investments are a concern
Capital infusion of $30 bn over two years needed amid high dividend payouts and impairment ratios.
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
Possible slowdown of FII money into debt and equity markets could add pressure on currency.
Most say a rate cut could come in RBI's June policy.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
US Fed rate rise raises risk of further drying up of FII flows.
Shipsy is the brainchild of Soham Chokshi, a mechanical engineer from IIT Madras and co-founders Dhruv Agrawal and Maharshi Devraj.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
Sebi's new FPI regulation has helped attract new capital pool, up registrations.
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