Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
A large number of companies, either based out of this eastern state or having a significant presence there, are being probed for running illicit 'collective investment schemes', while penal action has already been initiated by Sebi against over 20 other entities from the region.
The lesson for Indian corporations, which otherwise like to pride themselves on adopting global best practices, is corporate America's proactive activism.
A referendum will be held on Thursday, June 23, to decide whether Britain should exit (Britain's exit, hence the term Brexit) or remain in the European Union.
A two-year extension at the helm of the RBI still looks a real possibility
I look forward to many years of success and friendship, working together to solve not only our problems, but world problems and problems of great danger and security, says President Trump in Beijing.
How far investors will be convinced by Modi's promise to replace red tape with a "red carpet" remains to be seen.
Sweden has the world's highest negative rate.
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
"I did not resign. Moments ago I was fired. Being the US Attorney in SDNY will forever be the greatest honour of my professional life," Bharara tweeted from his personal verified Twitter account, making a reference to his jurisdiction the Southern District of New York.
Prominent recruiters were Flipkart, Urban Ladder, AskmeBazaar etc
Indian banks are the 2nd-fastest-growing ones.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday
Earlier, PE firms such as Goldman Sachs and Indigo Partners had evinced interest in the Indian aviation market.
Ninety-six years after women won the right to vote in the United States of America, a woman stands a chance of winning the US presidential race. Hillary Clinton -- former first lady, former US senator, and former secretary of state -- has become the first woman to capture a major-party nomination for president, taking another step in a journey that once seemed impossible, but over the last eight years has seemed inevitable. Like everything about her campaign, it was harder than expected.
This is the time when the US would need the conceptual strategic thinking of a Henry Kissinger, able to ally diplomatic skills with a well-conceived worldview of what the emergence of a new balance of forces will mean for a US whose ability to shape global events has definitely declined but still exists, says Claude Smadja.
Buy these stocks on any correction as both the companies have strong long-term prospects
Soaring output has left the world awash with cheap crude as supply exceeds demand by 1 million to 2 million barrels per day
Clinton and Sanders, meeting for the debate in Brooklyn just days before the crucial presidential primary in New York on April 19, minced no words as they attacked each other.
Local businesses are fretting over reform setbacks.
Consumers are set to gain from discounts.
Enthused by India's financial inclusion drive, US-based Accion, one of the biggest micro finance organisations in the world, has renewed its focus in India. Michael Schlein, bottom, left, chief executive officer of Accicon, tells Namrata Acharya in an email interview the Wall Street and Silicon Valley are eager to participate in opportunities presented by the issuance of the small finance and payment bank licences, the expanded banking correspondent opportunities, and the Jan-Dhan Yojna.
Distressing as the first month of the Trump administration -- with its missteps on matters of governance, ethics and protocol -- has been, it has been a comic opera of buffoons by comparison to the horrors that await us, fears Rahul Jacob.
Skittish investors snapped up gold and other safe-haven assets amid fears of a global economic slowdown
From lack of big reforms to regressive tax policies, the Modi govt has surrendered its initial momentum, says Shishir Asthana.
Modi asked bureaucrats to imagine whether or not their life has become "robotic". "If it has happened than this impacts the whole government and system. We can't be robotic. That can't be our life," the prime minister said during an hour-long interaction with civil servants at the 9th Civil Services Day function at Vigyan Bhawan.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
Markets could slide again owing to conditions in Europe and the US.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Experts say you may invest in small-sized funds and benefit from their nimbleness.
Ajay Piramal bets highly on infrastructure, realty
Jaydeep Barman and Kallol Banerjee reveal how they built the company from scratch.
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Since the cash flows will be impacted in a big way, DLF will have to resort to selling non-core assets in a substantial and significant manner through the next few quarters.
The Obama administration sees India not only as a land of huge potential for expanded business and trade but also as a strategic partner in the face of an increasingly assertive China, whose leader visited Modi in India last week.
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
The mobile wallet player plans to add more Chinese sellers to its e-commerce platform and boost technology for its soon-to-be-launched payments bank
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
Was Adani able to clinch this loan merely as a result of his proximity to Prime Minister Narendra Modi?
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