In April, the inflows into equity schemes dropped 60% compared to the previous month to Rs 4,608 crore, the lowest since Sept 2016.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
Car maker Fiat India has sold its property in Kurla (Mumbai suburb) to IKG Associates for Rs 608 crore (Rs 6.08 billion). IKG is an affiliate of the financial services company IL&FS. The Italian car maker had received bids for the 53 acre plot from leading developers over the past few months.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
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.
The infrastructure pack has been running up. Examining the fundamentals and technicals, Vibhav Kapoor of IL&FS and technical analyst Rajat Bose discuss the infrastructure space.\n
India Infrastructure Finance Company has joined hands with Infrastructure Leasing and Financial Services to develop and finance 10,000 MW of power generation and transmission, entailing an investment of upto Rs 35,000 crore (Rs 350 billion).
Chocolate and confectionery maker, The Hershey Company, is finally set to enter the Indian market by acquiring the stakes in Mumbai-based Godrej Beverages and Foods.
Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.
The CII delegation includes many eminent names.
New York Stock Exchange, along with a group of global investment banks, including Goldman Sachs, are together picking up over 20 per cent stake in the country's leading stock exchange, the National Stock Exchange.
According to official sources, the 20-minute one-on-one meeting was held on a request of Swaraj. However, offices of both Singh and Swaraj did not comment on the issues discussed between the two.
Girish Nadkarni of IL&FS Investsmart discusses the new IPOs that came out this week. He says that Atlanta and ACE are the better investment bets currently in the market. However, the investor interest is not very high in Deep Industries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In a major deal in the FMCG sector, Godrej Beverages and Foods Ltd is all set to acquire Chittoor-based Nutrine Confectionery Company Ltd for around Rs 270 crore (Rs 2.7 billion).
Swarup said India looks forward to the prompt and decisive action promised by Pakistan Prime Minister Nawaz Sharif to his counterpart Narendra Modi.
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
Of BSE 500 companies, promoters of 142 companies have pledged their holding.
Tech Mahindra listed at Rs 525 on BSE against an issue price of Rs 365. What should investors do with the stock and what are the concerns going forward?
Seven months after cancelling talks, Foreign Secretary S Jaishankar arrived in Islamabad on Tuesday.
Twenty-three of the 31 stocks in his publicly disclosed portfolio consist small-cap stocks. jhunjhunwala's portfolio rose 15.2% in Q3.
The markets hitting the lower circuit on Monday has come as a boon to investors to grab shares, say analysts.
The highest cap for the capacity would be 2 GW and can be set up in tranches at whatever location the project developer deems fit.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Almost 40 per cent of a durable company's sales are achieved during the festival season
At least a 25 basis points hike can be expected on the October 5 policy
The Pakistan high commission has invited Kashmiri separatist leaders for consultations with Sartaj Aziz ahead of the National Security Advisor-level talks with India in New Delhi next week.