Capital needs are likely to increase substantially each year.
The CFO will formulate the accounting policy of the bank, maintain the internal accounts and report financial results, and carry out corporate strategy functions like PF policies.
Gold is often considered a 'hedge' against an economic uncertainty.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
'The recovery process for the Indian economy would be gradual'.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
Not needed, it says, with 4,600 staffers to retire over next 3 years, plus transfer of 12,000 to new subsidiaries
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Raghuram Rajan's 'surgery' uncovers more bad loans
Morgan Stanley expects the central bank to cut rates this week, 125 bps in cuts through 2015.
Bharti has been expanding its spectrum portfolio and now owns 4G data across all 22 circles in India
.jpg)
The report indicated that price rise will continue being a problem and that inflation, which is restricting the Reserve Bank from loosening its elevated policy rates.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
TCS completed its highest ever hiring of over 90,000 new employees globally during the year.
The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.
The Bank suggested reforms in infrastructure sector.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
SBI remains a favourite of most brokerages in the PSB segment.
First case filed after new norms come into force, NCLT admits plea.
Within IIP, the capital goods sub-index has contracted for seven continuous months, suggesting investment demand continues to be weak.
While Bihar and J&K have the least proportion of bank account holders using debit cards at PoS machines, Telangana's record is the highest.
Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.
The Reserve Bank is likely to cut the repo rate by 25 basis points (bps) after the Budget.
The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
The broader market performance, however, is expected to be better by virtue of good performance of state-owned banks on a low base.
Rating agency expects current account deficit to remain at a modest 1.4% at end of FY16 and stay at similar level till 2018
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Huge margins, high custom duty and increasing demand among youngsters have led to exponential increase in smuggling of foreign cigarettes.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
The Rs 2,000-crore Patanjali, looking to grow its turnover two-and-a-half times in FY16.
41 companies take back shares worth Rs 27,783 crore in FY17
Sanand produced only 515 Nanos in January, and sold even less, just around 391 units.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Say their aggregate borrowings were "well within the norms"
The Sensex ended in red on domestic concerns.
Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances