'The velocity of the market correction in September was so fierce that 9 stocks declined for every one that advanced,' reveals Samie Modak.
Banks completed a full circle in 2008, as famed lenders from New York to Tokyo turned beggars who lined up for bailouts from their respective governments.
Though the family controls and runs DLF, CFO Ramesh Sanka is said to be playing a key role in mapping the group's future strategy -- including the move to, now, construct lower-cost housing.
We plowed through the financials of thousands of privately held companies to find the next pockets of trouble.
How to avoid getting the boot when layoffs loom.
Industry bigwigs and corporate heavyweights have been scurrying to get the best students for themselves. Naturally, salaries are headed north.
Residents in these 10 spots are experiencing the most economic upheaval.
With a market share of 16.6 per cent in mergers and acquisitions and 14.2 per cent in fund raising through the equity route, the investment banking arm of the German financial behemoth has become the numero uno investment bank in the country.
For the next two years the whole world, including India, is expected to reel under the effect of the current financial crisis. Here's how it will affect us in India.
The Indian rupee is down nearly 2 per cent against the US dollar since the beginning of January 2019. Experts attribute the Indian rupee's relatively poor performance to a sharper-than-expected fall in economic growth in India.
The Indian rupee continued its downward march and fell by another 48 paise to 46.53 against the US dollar in early trade on Tuesday owing to melting Asian stock markets amid heavy demand for the greenback.
The FTSEurofirst was on course for its worst one-day per centage fall since it slumped more than 7 per cent in October 2008
An S&P stock screen identifies the 10 best-performing stocks during a month that saw unprecedented market turmoil
These elite up-and-coming companies have more than just great financials.
The BSE Realty index slumped 7.7% at 4,335. The IT index dropped 5.5% to 3,597, and the Metal index shed 4.5% at 10,391. The market breadth was extremely negative - out of 2,662 stocks traded, 2,263 declined, 359 advanced and 40 were unchanged on Monday.
"You have an MBA from IIM-Ahmedabad. You worked in a bank in New York. What made you give up all that and pursue acting?" 'A little bit of courage and a lot of stupidity.'
The DLF group has deferred the Singapore listing of DLF Office Trust, the real estate investment trust of DLF Asset, till the market condition improved, said sources close to the Gurgaon-based real restate group. DLF Asset has received investments worth $600 million from hedge fund DE Shaw and Lehman Bothers. DLF may now raise Rs 2,000 crore through private trusts or a private placement by March end.
Sources say given the complexity involved in the process of creating a holding company, which will ultimately be the parent company of banking and other businesses, banks are going slow in acquiring stakes in insurance arms or mutual funds of other lenders.
Two top investment banks, Enam Financial Services and JM-Morgan Stanley, have backed out from the high-profile initial public offering by real-estate developer DLF Universal
The high-profile bidding war for control of Hutch-Essar could intensify with reports in the British media suggesting that Indian partner Ruias have received funding pledges worth up to $25 billion to buy out foreign stakeholder Hutchison Telecom.
It will help customers raise the eligible amount by up to 20 per cent and increase the tenure by up to seven years.
The Ruias have received overwhelming response from international banks for funding of their proposed bid to pick up Hutchison's 67 per cent equity stake in Hutchison-Essar Ltd, in which they hold the remaining stake.
It has to put in place the physical and social infrastructure for getting an international finance centre along with expediting reforms in the financial sector.
Having dominated the summer placement scene at IIMs, companies like McKinsey, Boston Consultancy Group and UBS showed up for the first time for placements at IIT Bombay.
'I am sure Dr Patra will get the fullest cooperation from the finance minister who needs workhorses, not prima donnas constantly looking to improve their CVs,' says T C A Srinivasa-Raghavan.
Raghavendra Kamath reports on what ails India's real estate sector.
Arsenal scored a comfortable 2-0 win over Sparta Prague in the first leg of their Champions League third qualifying round tie.
Goldman Sachs on Wednesay began celebrating confirmation of bumper bonuses for this year, with the chairman and chief executive, Lloyd Blankfein, expected to lead the pack with a 30 per cent increase in his pay to about $70m.
Is an MBA just about Placements, Package, Profile and Prospects?
Former PGA Championship winner Davis Love III will captain the United States in the 2016 Ryder Cup match against holders Europe at Hazeltine in Minnesota, the PGA of America said on Tuesday.
'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay.
Vallabh Bhansali-controlled Enam Financial Consultants, one of the leading home-grown investment banks in India, is learnt to be in talks with JP Morgan for a strategic alliance.
Final student placements of the Indian Institute of Management (Ahmedabad) was over on Tuesday, with the premier B-school witnessing a hike in domestic and international salaries, as well as growing preference for enterpreneurship.
While the situation Sitharaman finds herself in may not be that good, how does it stack up against her three immediate predecessors Pranab Mukherjee, P Chidambaram and the late Arun Jaitley?
Newly-appointed Australia coach Justin Langer on Thursday said his team can be considered great only if it wins a Test series in India, something that he likened to conquering Mount Everest, last done back in 2004.
'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay.
Around 15 venture funds from the US and Southeast Asia will be making investments in the Indian real estate sector through the FII route
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
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