Home loan major Housing Development Finance Corporation Ltd has posted a 22 per cent rise in its net profit at Rs 204.62 crore for the first quarter ended June 30, 2004 as against Rs 167.76 crore in Q1 of 2003-04.
The mutual funds witnessed net inflow of Rs 7,131 crore (Rs 71.31 billion) in May 2003, with total sales and redemption/repurchases at Rs 35,922 crore (Rs 359.22 billion) and Rs 28,791 crore (Rs 287.91 billion), respectively.
Known as the "the world's most profitable high-speed rail," the Beijing-Shanghai high-speed railway covers more than 1,300 km within five hours.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China
As much as 73% of total income of national political parties is unaccounted for, says Association for Democratic Rights.
Bankers pay a small price for their misdeeds, no matter how large the cost to their banks or to the economy at large, says TT Ram Mohan.
According to a report by mutual fund tracker Morningstar, India-focused offshore funds and ETFs had witnessed a cumulative net outflow of $1.8 billion during 2012 as against a net withdrawal of $5.4 billion in 2011.
SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.
The Reserve Bank on Thursday said its surplus (profit) for the FY'14 fiscal declined 14.75 per cent to Rs 52,679 crore (Rs 526.79 billion) as its interest income from investments in foreign sovereign bonds declined during the year even as its investments increased.
It is the second firm to have received retrospective tax notice this year after Vodafone Group.
If you have an active trading account or have consumer loans or thinking of taking out a loan, consider investing in NBFCs, says Devangshu Datta
Bank dismisses mis-selling charges, says lawsuit filed after it initiated legal recovery action over loan default
An Association of Democratic Reforms report states that 161 out of 230 MLAs in the newly-formed Madhya Pradesh Vidhan Sabha are crorepatis, while 73 MLAs have criminal cases filed against them.
The company had posted a profit of Rs 1,151 crore (Rs 11.51 billion) for the July-September quarter in the previous fiscal, Housing Development Finance Corporation said.
Retail giant Walmart has the world's largest number of employees.
HDFC Bank's 12-month forward price-to-book ratio is estimated to be the highest among 166 large and mid cap banks in Asia Pacific.
The Indian money in Swiss banks had fallen by 45 per cent in 2016, marking their biggest ever yearly plunge, to CHF 676 million (about Rs 4,500 crore) -- the lowest ever since the European nation began making the data public in 1987.
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
The decision includes suspension of sale of gold coins and other physical forms of the yellow metal, as also as an investment product across all its businesses and subsidiaries, Reliance Capital said in a statement.
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
Home prices firm up in 2015 in India.
The decision was taken at a board meeting of Sebi held in Mumbai.
Forty-five cows, 20 calves and a double barrel gun with 50 cartridges are among the possessions of former Bihar Chief Minister Rabri Devi who is contesting the Lok Sabha polls as a Rashtriya Janata Dal candidate from Saran constituency.
The Association for Democratic Reforms has urged political parties to refrain from giving tickets to candidates who are facing serious criminal charges and asked them to disclose the criteria for the selection of candidates during elections.
Financial assets make a comeback as returns on physical assets falter.
All India needs to do is focus on making its business environment more friendly.
Investors pumped in more than Rs 37,000 crore (Rs 370 billion) in various mutual fund schemes in May taking the total funds mobilisation during the first two months of the current fiscal to Rs 1.44 lakh crore.
During the Karnataka elections held in May this year, the average amount spent on the campaign by each candidate was Rs 7.43 lakh. Interestingly, this is just 46 per cent of the allotted budget of Rs 16 lakh per candidate.
Trouble at a single bank among the top five most connected lenders could wipe out nearly 50% of Tier I capital
The FT report said the existence, size and investments of the highly profitable internal trading fund, which was set up three decades ago, have until now remained largely unknown outside a circle of former and current insiders.
In the 2015 bypoll in the same RK Nagar seat, she had declared total assets of Rs 117.13 crore.
On December 31, SpiceJet's accumulated losses had grown to Rs 3,233 crore.
Indian banks on Thursday rejected the loan repayment offer made by Vijay Mallya.
The gross NPAs of some public sector banks, including State Bank of India and Punjab National Bank have crossed 4 per cent of the total assets at the end of March, 2013.
According to the latest data released by the Securities and Exchange Board of India, the total assets under custody of foreign institutional investors in Indian equities declined by about Rs 44,000 crore (Rs 440 billion) to Rs 12.93 lakh crore as on July 31, 2013.
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
The BSE Sensex lost about 1,600 points, while the National Stock Exchange Nifty was down about 400 points.
Vastu Housing Finance is trying to leverage technology to distinguish itself in a crowded space.
Readying itself for a bank licence, Anil Ambani-led group's Reliance Capital on Wednesday said Japan's Sumitomo Mitsui Bank and Nippon Life would become its strategic partners in the proposed banking venture, with each having 4-5 per cent stake.
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