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About 10 results for "foreign lender rsquo"

Markets in the red ahead of July F&O expiry

Markets in the red ahead of July F&O expiry

Markets succumbed to selling pressure in late trades, amid huge volumes, with financial shares leading the decline following the expiry of July derivative contracts. Further, sales by foreign funds also weighed on sentiment. The 30-share Sensex ended 192 points down at 25,895 and the 50-share Nifty closed 70 points lower at 7,721. Volumes were large because of the expiry of July derivative contracts. Total market turnover stood at Rs 6.79 lakh crore, the third highest so far. Foreign investors ..., 3 hours ago

5 images for foreign lender rsquo, 5 months ago, 5 months ago, 5 months ago, 6 months ago, 6 months ago

RBI readying exit plan for bankrupt businesses

In the absence of a good bankruptcy code in India, Reserve Bank is working on a system to enable entrepreneurs seeking to exit insolvent business, a top official of the apex bank said. "We have a tendency in India that we do not like failures. “We think everybody should pass and have distinction. “We do not have a culture to accept failures. "How to create that? There is a thinking in Reserve Bank, we have been thinking how to create a system so that people should voluntarily ...
 Rediff.com1 week ago

How to bring India back on the growth path

As long as mandarins in the finance ministry can restrain their urge to push the Reserve Bank of India into irrelevance, it should be possible for Mr Raghuram Rajan to make the RBI bureaucracy see the merit of rules-based monetary policy, notes Andy Mukherjee In his maiden Budget speech, the new Finance Minister Arun Jaitley asked regulators to ‘take early steps for a vibrant, deep and liquid corporate bond market’. He also said that it was ‘essential’ to have a modern ...
 Rediff.com2 weeks ago

Markets end at 5- week low; Broader markets crash

The market exuberance seem to be fading as benchmark indices succumbed to profit taking in select sectors dragging them to five week closing low even as investors sought the safety of defensive shares. Although the Finance Minister in his maiden Union Budget toed a fine line between prudence and promises lack of broader reforms weighed on market sentiment. The S&P BSE Sensex slumped by 348 points or 1.3% at 25,024.35 while the CNX Nifty slipped by 108 points or 1.43% at 7,459.60. The ...
 Rediff.com2 weeks ago

Analysts welcome Rail Budget, but frown at missing details

Rating agencies and analysts on Wednesday welcomed Railway Minister Sadananda Gowda's maiden Budget for not being populist, but raised some reservations on implementation and lack of clarity on funding side. "While the Railway Budget talks about trying to be the largest freight carrier globally and identifies alternative funding requirements to achieve this target, it does not state a clear strategy to meet these requirements," India Ratings said in a note on Wednesday. It is a Budget ...
 Rediff.com3 weeks ago

Show tight control over fiscal situation, populism: Kochhar

As the country awaits first Union Budget of the Narendra Modi-led government, top banker Chanda Kochhar feels that it can't ignore harsh realities like the tough fiscal situation as well as rising prices and would need ‘tight control’ over both expenditure and populism. Kochhar, who heads the country's largest private sector lender ICICI Bank, said the Budget would need to provide a clarity about the prospective nature of taxation, as also other rules and regulations, besides lining ...
 Rediff.com3 weeks ago

Markets end lower amid volatility

Markets ended marginally lower, amid a volatile trading session on Thursday, as investors booked profits in shares of oil explorers amid concerns over gas pricing.  India’s concern for crude rose amid media reports of attacks on NATO fuel trucks on the Afghanistan-Pakistan border.  The S&P BSE Sensex ended at 25,201.80 down by 44.45 points or 0.18% after hitting a high of 25,425 and low of 25,069 and the CNX Nifty ended  7,540.70 down by 17.50 points or 0.23% after ...
 Rediff.com1 month ago

QIP fund-raising zooms as investor confidence returns

Raising capital through the qualified institutional placement route has been a hit this calendar year, with four issues already mopping up Rs 11,455 crore (Rs 114.55 billion) in the first five months -- nearly 30 per cent more the Rs 8,075 crore (Rs 80.75 billion) 10 companies raised in full 2013. In fact, the amount raised this year has been the highest since 2010 (see chart). The return of investor confidence in the equity markets is bringing some of the large companies back to the ...
 Rediff.com1 month ago
Business Standard India

With IPO in sight, Catholic Syrian Bank tries to revamp

The bank is actively looking to shed its lazy, localised, old generation profile Nupur Anand & Manojit Saha | Mumbai May 27, 2014 Last Updated at 00:33 IST Thrissur-based Catholic Syrian Bank is ...
 Business Standard India2 months ago

USL sells Whyte & Mackay for Rs 4,345 cr

Diageo-controlled United Spirits Ltd (USL) on Friday said it would sell Whyte & Mackay Group, a manufacturer of whisky, to the Philippines-based brandy manufacturer Emperador Inc for £430 million (Rs 4,345 crore). The board of USL, at a meeting here on Friday, decided to sell the entire issued share capital of Whyte & Mackay Group to Emperador UK, a subsidiary of Emperador, a unit of Alliance Global, the world’s largest maker of brandy. The Vijay Mallya-led USL had bought ...
 Rediff.com2 months ago
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