Nine lenders have exposure to the promoter entities and had taken listed operating companies' shares as collateral from the promoter companies.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
The US military efforts in Afghanistan were akin to filling a bucket that had gaping holes, asserts Colonel Anil A Athale (retd).
Several industry verticals such as food and beverage, education, fashion and tourism are leveraging their growth by franchising their products under various formats.
'No analogy is perfect, but a better liquid to liken data to is water, with the global internet like a great borderless ocean of currents and tides,' Facebook's vice-president, global affairs and communications, Nick Clegg, said in New Delhi.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
'People are already sending congratulatory messages. But I have said, "Please don't until the trials are over".'
It is not easy for an FMCG brand to make a comeback if it has been out of consumer's reckoning for some time. Moreover, a protracted battle between the owners and then closure of a large number of outlets at one go might have sent some very negative signals to many, says Sneha Bhattacharjee.
If Volkswagen's sales were to plunge in North America in the coming months, this would not only have an impact on the company, but on the German economy as a whole.
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.
'Vietnam has become an adjective as well as a verb -- the Americans, for instance, were driven by the passion to do a 'Vietnam' on the Soviet Union when that country invaded Afghanistan in 1979.'
Hepzi Anthony examines the curious case of the white-collared farmer.
A glance back at some of the important ups and down Indian Inc faced in 2018.
'The mood was very sombre on the sets on the last day when Sanju was around. Imagine what he must have undergone that day!' Director Rensil D'Silva discusses his latest film Ungli.
'They have the same pet peeves, the same ruse, the same beliefs, the same justifications.' 'All terrorists thrive on the premise that by perpetuating violence and bloodshed on innocents, they are justifying the injustices done to their community.'
'The year in pictures' treks across the globe, looking back on the moments that shaped 2016. From the United States presidential race, to demonetisation in India to the refugee crisis, the news has kept pouring in. Here are our top 50 moments from the world.
