Pipeline leanest since 2004; bankers said to be cautious due to fear of rejection by Sebi.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Reports have put the IPO pipeline between 19 and 30 issues, of Rs 10,000-20,000 crore or Rs 100-200 billion.
Trai data show the company has no subscribers in Uttar Pradesh East & West and Bihar
The basics of options trading include buying calls, selling puts, strike price and hedging.
The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.
Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.
Nifty has a virtual monopoly in the index derivatives segment.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
Farmers' organisations are demanding a hike of Rs 5 per litre in milk procurement price and have decided to suspend the supply to Mumbai and Pune from Monday.
To combat terror financing, India and the US committed to work together to check illicit money transfers.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
Modi is practical person... If he comes in, he will revive the economy and create jobs, says Sanjay Suri.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
A local Mumbai court on Tuesday remanded the senior Nationalist Congress Party leader and former Maharashtra Public Works Department Minister Chhagan Bhujbal in the custody of Enforcement Directorate till March 17, a day after he was arrested in a money laundering case in connection with the Maharashtra Sadan scam.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The Ministry's decision comes more than a year after the payment scam at NSEL came into light in July 2013.
The strategies that the gurus adopted to build their successful business empires over the past two decades could hardly be adopted by businesses that openly claim to be businesses, points out Somasekhar Sundaresan.
Government claims big successes in agriculture, rural roads & investment scenario.
William S Pinckney was arrested by the Kerala police for alleged violation of the Prize Chits and Money Circulation Schemes (Banning) Act.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
How has Raj Thackeray, who is as much a businessman as politician, been able to pull it off, when most Opposition politicians live in fear of IT and ED and CBI, asks Krishna Prasad after attending a Raj rally in Nashik.
After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian.
The BJP and the Shiv Sena rule the state in coalition, apart from officially being partners in Delhi as well, while also never missing an opportunity to portray each other as a bungler deserving to be dumped.
Summing up the year gone by, Sebi Chairman U K Sinha told PTI that the regulator was also able to provide clarity and a direction to the market in areas like corporate governance and investor protection during 2013.
Members of the Vivekananda International Foundation are thrilled that the national security advisor and principal secretary to the prime minister are from its ranks, reports Vicky Nanjappa.
The prime minister sees himself as the "vikas purush". But realising his government's agenda for development requires not just a more efficient administration but also a credible implementation plan, says Nitin Desai.
'The defence minister needs to focus on human resources-related issues at the same pace in 2017 as he did on acquisitions in 2016,' says Brigadier S K Chatterji (retd).
Attacking the Congress and United Progressive Alliance on price rise at a massive BJP rally in Bengaluru, Narendra Modi tells the crowd that Congress is worried sick about the BJP's growing popularity. Vicky Nanjappa reports.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
You can see Messi, Suarez and other South American superstars play in the Copa America. Why then are soccer fans ignoring the oldest football tournament and looking forward to the European championships, which begins in France on Friday?
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth.
Contentious issues such as the construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the Bharatiya Janata Party's election manifesto with the party making promises on them.
Diplomats agree that amid stormy relations with China and Pakistan, Modi has posted impressive foreign policy successes, notes Aditi Phadnis.
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