Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
'If the virulence of COVID-19 has muted the toxicity of the BJP's communalism, it will be an example of good coming out of the pandemic,' notes Amulya Ganguli.
Nomura has forecast the rupee at 61.6 against the dollar in Q1 and at 62 by Q4 of 2015.
Reliance improved its ranking this year to 121 from 142 last year, with a market value of $50.6 billion and assets worth $91.5 billion.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
'China's economy continues to slow and the US Fed may still hike rates before the end of the year.'
Banerjee, 58, was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his Ph.D in 1988. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology.
Revivals nearly double q-o-q to 36 in September, highest in 3 years
His prison term is set to end on March 2016.
The rating outlook change is relevant now, as the US Federal Reserve is set to end its monthly bond-buying programme in October.
Companies are ranked by total revenues.
At the black-tie event, Obama satirised everyone from Democrats to Republicans and from media to his potential White House successors, including Hillary Clinton.
He was convicted in his 2012 trial of passing confidential boardroom information to his one-time friend and business associate Raj Rajaratnam
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
Find out how Lavanya Ashok, vice president and executive director private equity at Goldman Sachs is inspiring other women to follow their dreams too.
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
Budget this year has allowed PSBs to bring down govt stake to 51%
Gupta is scheduled to be released from prison in March, 2016.
Bigger companies are signing equity JVs with global investors.
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
While consumers have enjoyed lower fuel prices, producers have cut spending and thousands of jobs
'If global growth continues to be sluggish, India instead could potentially take a bigger piece of a shrinking pie,' says Prachi Mishra, managing director, Global Macro Research, and India chief economist, Goldman Sachs.
Major institutes see rise in summer placements; consulting, BFSI, e-commerce firms are top recruiters, says Vinay Umarji.
Alibaba will acquire 25 per cent stake in One97 Communications.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
RBI chief Raghuram Rajan said on Thursday he was 'very uncomfortable' with the inflation reading, a comment that probably seals the case for him to deliver his third rate increase next Wednesday, despite a weak economy.
Gupta, 66, is currently serving his prison term.
Gupta occasionally runs into his one time friend-turned foe Rajaratnam, also serving an 11-year prison term on insider trading charges in the same facility.
India-born former Goldman Sachs director Rajat Gupta has asked a US appeals court to overturn a court's ruling that he pay a hefty $13.9 million fine in the insider trading case and sought reversing a life ban on him from serving as director of a public company.
These circles account for 23 per cent of Bharti's revenues and armed with additional spectrum, it will eat into rivals' share
According to a Deutsche Bank report, the Idea-Vodafone combine will have to pay a 30 per cent lower annual installment on spectrum due to the longer duration of the payment tenure.
Adani intends to ship most of the coal from the mine to India.
RIL, according to Goldman, offers the best downstream exposure in the Asian oil sector with its high quality asset base, diversified product portfolio, efficient management of inventory valuation swings and ability to fund large organic expansionary capex without taking on debt.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
Analysts expect Bajaj Auto to perform well in Q1.
News of all that transpired on and off the football field
India is its second-biggest market in terms of geographical presence
'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.