The rupee has depreciated 10.5 per cent against the dollar this year, making it Asia's worst-performing currency.
Vijay Kelkar, former advisor to the Union finance minister, has joined the board of Tata Chemicals Ltd as director.
HealthCare Global, an oncology care hospital chain, has received a funding of $20 million from PremjiInvest, a private equity fund sponsored by Azim Premji. With this funding, PremjiInvest has bought a "significant minority stake" in HCG. This is the third round of funding the hospital has received after it initially received Rs 50 crore from IDFC Private Equity and the second funding of Rs 10 crore from Evolvence.
Investors can sell their entire equity and move to debt when stocks get expensive
The RBI has agreed to consider the application of India Post in consultation with the government.
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
HDFC MF has had a history of stock options and gave additional ESOPs to key staff a few months ago
Finance ministry is understood to have reservations on the ownership of minority stakeholders in Hutchison-Essar and is likely to raise the issue at the FIPB meeting.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mutual funds predominantly bought engineering, media, pharma, and oil and gas stocks in July
Earlier, the Reserve Bank of India was the approving authority.
Onion prices have increased 150% over the last few months
The ailing United Western Bank on Thursday submitted a scheme of reconstruction to the regulator Reserve Bank, which has placed it under moratorium due to erosion of networth.\n
With buyers playing safe, projects such as Delhi-Gurgaon Expressway find it difficult to get new concessionaires
Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The seven people arrested will be produced in a designated CBI court to seek their remand, CBI sources said.\n\n
Putin's visit comes at a time when Russia's economy is stalling as oil prices tumble
India Post had applied for a bank licence under RBI guidelines issued on February 22, 2013.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
A list of 25 companies that are suspected to be operating bogus demat accounts has been handed over to market regulator SEBI by Investor Grievance Forum demanding a probe into their operations.
The proposed Rs 10,000 crore (Rs 100 billion) of bond purchase would be done on Monday.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
L&T-Infrastructure Development Projects Limited will divest 21.6 per cent stake to Silver Peak Investments (Mauritius) and an India Development Fund-led consortium for Rs 550 crore.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
Weakness in the broader markets, along with expensive valuations that these companies had commanded during their IPOs, has led to this fall
Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.
The ease of doing business has not picked up in a vast number of states and Union Territories.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India Inc has few leaders who are likely to grab headlines in 2015.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
