- View: After 50 years of nationalisation, banking sector calls for crucial changes beyond modifying ownership 20 Jul 2019 18:35 Of the 100 largest banks of the world ranked by total assets, China claims 18; the US 11; Japan 8; Britain, France and South Korea six each; Canada, Germany and Spain five each; Australia and Brazil four each; Italy, the Netherlands, Singapore and Sweden …
- Flood toll in Assam, Bihar crosses 150; flood-like situation in seven Punjab districts 20 Jul 2019 17:59 NEW DELHI: Northeast India and Bihar continued to battle flood fury on Saturday as the death toll due to rain-related incidents crossed the 150-figure mark while flood-like situation prevailed in seven districts of Punjab. The flood waters showed a …
- Not Imposing Hindi In Tamil Nadu, Says Nirmala Sitharaman 20 Jul 2019 17:29 Union Finance Minister Nirmala Sitharaman Saturday said the Union government was not making any attempts to impose Hindi in Tamil Nadu. She said the Centre was, in fact, trying to promote Tamil. Sitharaman's response came in the backdrop of political …
- Why India's extra budget borrowings may shoot up 20 Jul 2019 14:26 Off-balance sheet borrowings rise to 2.4% of GDP as of 2018-19 from 1.4% three years ago With an effort to keep the fiscal deficit within the budgeted limits without cutting expenditure, off-budget borrowings or extra budgetary resources (EBRs) of the …
- Not more than 5,000 super-rich in India, tax hiked to help poor: Sitharaman 20 Jul 2019 12:57 The decision to raise the tax on the super-rich was taken with an aim to get them to participate in the government's initiatives in supporting the country's poor, Union Finance Minister Nirmala Sitharaman said at a conference in Chennai today. …
- Rating agencies knew of stress at India’s IL&FS, but gave good ratings – audit 20 Jul 2019 11:35 MUMBAI/NEW DELHI — Credit rating agencies for years assigned high ratings to India’s Infrastructure Leasing & Financial Services (IL&FS) and its group companies despite its deteriorating finances, according to a special audit. Audit firm Grant …
- Rating agencies knew of stress at India's IL&FS, but gave good ratings - audit 20 Jul 2019 10:41 * IL&FS audit by Grant Thornton shows lapses by rating agencies * Rating agencies knew of problems, gave good ratings-report * “Certain favors/gifts” possible reason for good ratings-report * Favours, gifts included tickets to Real Madrid game and …
- Finance and Accounting Business Process Outsourcing Service Market Likely to Emerge over a Period of 2019 - 2025: Datamatics, Genpact, Tata Consultancy Services (TCS), etc 20 Jul 2019 10:38 Jul 20, 2019 (marketresearchupdates.com via COMTEX) -- Industrial Growth Forecast Report Finance and Accounting Business Process Outsourcing Service Market 2019-2025: Global Finance and Accounting Business Process Outsourcing Service Market report provides …
- No blanket cryptocurrency trading ban yet in India 20 Jul 2019 09:20 By IANS NEW DELHI: Despite banking restrictions put in place by the Reserve Bank of India, the country has not put any blanket ban on trading in cryptocurrencies yet, the government has clarified. Responding to questions in the Rajya Sabha on whether the …
- CF Moto 650 NK launch price Rs 3.99 lakh - Takes on Kawasaki Z650 20 Jul 2019 07:56 Chinese bikemakers CF Moto have teamed up with Indian brand AMW, and launched four motorcycles today. They and will be selling its products via the CKD route. The company has also set up a manufacturing unit in Bengaluru with production capacity of 10,000 …
- Personal Finance App Market Share| Supply| Analysis and Forecast to 2025 20 Jul 2019 06:11 Jul 20, 2019 (MarketResearchNest via COMTEX) -- MarketResearchNest.com adds "Global Personal Finance App Market Size,Status and Forecast 2019-2025" new report to its research database. Thereport spread across 98 with table and figures in it. …
- Oyo boss eyes the biggest move of his life 20 Jul 2019 06:02 BENGALURU: Ritesh Agarwal, group chief executive of Oyo Hotels & Homes, is undertaking one of the largest stock buybacks by an Indian entrepreneur. The estimated $2.2 billion transaction will see the founder of the hospitality chain raise his stake in …
- The week that was: Infy, HDFC AMC, Sun Pharma on a high; YES Bank, DHFL, RBL on free fall 20 Jul 2019 05:52 Equity benchmarks Sensex and Nifty extended their fall into the second straight week following sustained outflow of foreign portfolio investors’ money amid geopolitical tensions and earnings disappointments. The 30-share Sensex declined 1.03 per cent to 38 …
- Bears return to D Street as foreign funds head for exit 20 Jul 2019 05:12 Mumbai: The stock market slumped after finance minister Nirmala Sitharaman refused to exempt foreign portfolio investors (FPIs) structured as trusts from a higher tax surcharge. Overseas investors sold shares worth Rs 950 crore on Friday as the increased …
- Jet Airways’ lenders approve interim finance plan of USD 10 million: report 20 Jul 2019 04:34 Apart from this, about 2,400 operational creditors have made claims worth some 123.72 billion rupees, according to reports. Mumbai: Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and …
- Best of BS Opinion: India's governance deficit, from cities to companies 20 Jul 2019 04:12 You know something is rotten in the state of Indian corporate governance when an investigation into Infrastructure Leasing and Finance Corporation (IL&FS) reveals gifts and favours extended by the management to rating agency officials. Luxurious villas …
- 3 steps India needs to make a difference in AI 20 Jul 2019 03:43 While Prime Minister Modi has made the direction and focus clear, the various ministries and departments continue with an un-coordinated approach, points out Pranjal Sharma. IMAGE: A still from the sci-fi movie Ex Machina, about artificial intelligence. …
- Circular Economy: Needed in India 20 Jul 2019 00:55 By Mithilesh Kumar Sinha A major cause of the continued deterioration of the global environment is the current pattern of production and consumption – often referred to as the linear economy. Humanity is facing big challenges: climate crises, financial …
- No separate law yet to ban cryptocurrency in India: Anurag Singh Thakur 19 Jul 2019 20:30 Bengaluru: The government has not prohibited the use of cryptocurrencies in India, union minister of state for finance, Anurag Singh Thakur, has said. Thakur was responding to a query by Telangana Rashtra Samithi Rajya Sabha MP, Dharmapuri Srinivas, in …
- Interest subvention to Mercedes captive finance arm attracts GST- TNAAR 19 Jul 2019 19:41 The Tamil Nadu Authority for Advance Ruling (AAR) has ruled that the interest subvention income received by Daimler Financial Services India Private Limited (DFSI) from Mercedes-Benz India Private Limited, to reduce the effective interest rate to the final …
- Markets hit hard by passage of Finance Bill 19 Jul 2019 18:06 The Nifty index fell by 177 points or 1.53 per cent on Friday to close at 11,419. The Sensex was down 560 points, closing at 38,337. The fall in both these indices is in addition to the over 2.5 per cent fall they witnessed in two trading sessions …
- India seeks to tap foreign lenders to boost SMEs 19 Jul 2019 17:54 Govt plans to source up to Rs1T loans because Indian banks not in position to provide enough capital India's government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of its small firms, two officials said, …
- China's local governments issued net $202 billion in special bonds in H1 19 Jul 2019 16:11 Reuters| Jul 19, 2019, 11.40 AM IST Agencies Beijing has announced a quota of 2.15 trillion yuan for local governments to sell special bonds this year to fund infrastructure projects, as policymakers try to shore up the slowing economy. BEIJING: China' …
- India's L&T Finance Holdings June-Qtr Consol Net Profit Rises 19 Jul 2019 15:47 Oct 24 (Reuters) - L&T Finance Holdings Ltd ::SEPT QUARTER CONSOL NET PROFIT 5.60 BILLION RUPEES VERSUS PROFIT OF 3.38 BILLION RUPEES LAST YEAR.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 28.27 BILLION RUPEES VERSUS 22.60 BILLION RUPEES LAST YEAR.SEPT …
- U.S. Personal Finance Software Market 2019 - Global Industry Analysis & Future Growth Prospects to 2026 19 Jul 2019 15:36 Jul 19, 2019 (Hitech News Daily via COMTEX) -- The U.S. personal finance software market was valued at $232 million in 2018 and is expected to reach $343 million by 2026, registering a CAGR of 5% from 2019 to 2026. Personal finance software is a solution, …
- Capital Quotient launches app for MSME workforce 19 Jul 2019 15:19 The app called Siply, aims to provide financial security to workers below the provident fund threshold. ET Online| Updated: Jul 19, 2019, 02.21 PM IST ThinkStock Photos The company provides a full stack service covering 20 asset classes including Mutual …
- No GST on gems meant for exhibitions abroad 19 Jul 2019 15:10 The gems and jewellery industry has heaved a sigh of relief, as the finance ministry has announced no IGST will be levied on gem and jewellery carried outside of the country for exhibition purpose. Till now, gem & jewellery which was being carried …
- Jet Airways' lenders approve interim finance plan for the carrier 19 Jul 2019 14:29 FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo MUMBAI (Reuters) - Lenders to Jet Airways (JET.NS) agreed on Friday …
- L&T Finance Q1 profit rises 2% YoY to Rs 549 crore 19 Jul 2019 13:45 Diversified non-banking financial company (NBFC) L&T Finance Holdings (LTFH) on Friday posted 2 per cent year-on-year growth in June quarter profit at Rs 549 crore compared with Rs 538 crore posted for the same quarter a year ago. Net interest margin …
- India stocks lower at close of trade; Nifty 50 down 1.53% 19 Jul 2019 12:06 Investing.com – India stocks were lower after the close on Friday, as losses in the Auto, Banking and Green Energy sectors led shares lower. At the close in NSE, the Nifty 50 declined 1.53% to hit a new 1-month low, while the BSE Sensex 30 index fell 1.44% …
- Dropped Amaravati project as Centre withdrew finance request: World Bank 19 Jul 2019 12:05 The World Bank on Friday said it 'dropped' the $300-million loan proposal for the Amaravati development project as the central government withdrew the financing request, triggering a blame game between the ruling YSRC and opposition TDP in Andhra …
- World Bank pulls funding for new state capital in India after Delhi drops support 19 Jul 2019 11:57 NEW DELHI, July 19 (Reuters) - The World Bank said on Friday it had withdrawn $300 million of funding for a new capital in the south Indian state of Andhra Pradesh after the central government dropped support for the project. The Beijing-backed Asian …
- India’s policy must respond to Changing Aspirations and Dynamics within Nepal 19 Jul 2019 11:07 Image credit: Civilsdaily Dr. Manoj Kumar Mishra 19 July 2019 The Indian government under Prime Minister Narendra Modi’s leadership was quick to underline the importance of the South Asian neighborhood since it came to power for the first time in 2014. …
- FDs of Small Finance Banks vs Commercial Banks: Which one should you go for? 19 Jul 2019 09:03 SFBs are giving interest rate up to nine per cent on their regular FDs and offering 9.5 per cent in case of senior citizen FDs. Mumbai: Small Finance Banks (SFBs) offer more interest on Fixed Deposits than commercial banks. In reality, a few of the SFBs …
- Nirbaya Fund: 1,023 Fast Courts set up across India 19 Jul 2019 08:58 New Delhi: The Central government has set up one-stop centres in 33 states and Union territories, with an additional 1,023 fast track courts under the Nirbhaya Fund along with providing Rs 2,250 crore under 29 programmed to Ensure Women Safety in India …
- Share market update: Nifty Financial Services index dips; Bajaj Finance slips 5% 19 Jul 2019 08:17 NEW DELHI: The Nifty Financial Services index was down with its components trading lower in Friday's afternoon session. Shares of Bajaj Finance (down 4.84 per cent), Cholamandalam Investment & Finance Company (down 4.03 per cent), Bajaj Finserv ( …
- Amit Shah to head panel on Air India disinvestment 19 Jul 2019 07:25 NEW DELHI: The government on Thursday reconstituted a group of ministers tasked with working out the modalities for sale of Air India. The GoM, called the Air India Specific Alternative Mechanism, will now be headed by home minister Amit Shah and comprise …
- AIIB, ADB and IFC may join India's credit enhancement SPV as partners 19 Jul 2019 06:51 New Delhi: China-backed Asian Infrastructure Investment Bank (AIIB) along with international financial institutions Asian Development Bank (ADB) and International Finance Corporation (IFC) may join India's proposed credit enhancement corporation, the …
- India Stocks Fall as Super-Rich Tax on Foreign Fund Trusts Stays 19 Jul 2019 06:31 (Bloomberg) -- India stocks fell on disappointment that the government didn’t offer any respite to foreign investors registered as trusts from the proposed super-rich tax. The S&P BSE Sensex dropped 0.5% to 38,711.16 as of 10 a.m. in Mumbai after …
- Pranab Mukherjee: India will become $5 trillion economy thanks to foundation laid by previous govts 19 Jul 2019 05:31 Former President Pranab Mukherjee speaks on the topic of ‘Furthering India’s Promise’ during an event at Mavalankar Hall, in New Delhi, Thursday, July 18, 2019. (PTI Photo: Ravi Choudhary) Former president Pranab Mukherjee said on Thursday that India would …
- Top10: How China, India may cost Trump's business 19 Jul 2019 05:01 Today marks 50 years since the nationalisation of 14 major commercial banks by the then government, headed by PM Indira Gandhi — an event that sought to underline the power of the State to take over any company or industry it deemed important, to serve a …
- View: Modi should starve India's state banks, not celebrate them 19 Jul 2019 04:42 by Mihir Sharma Fifty years ago, India took a wrong turn leftward from which it is yet to recover: On July 19, 1969, the government took over the banking system, nationalizing 14 banks which together controlled 85% of bank deposits. Today, even after a …
- Netflix’s Next Big Market Is Already Crowded With Cheaper Rivals - Yahoo Finance 19 Jul 2019 04:17 (Bloomberg) -- Netflix Inc., whose shares plunged after it reported the worst drop in U.S. users since 2011, is looking for new subscriber growth in India, a rapidly expanding streaming market. Trouble is, so are a raft of ambitious local players with cut- …
- Gadkari out, Shah to head Air India panel 18 Jul 2019 23:35 Amit Shah will head a reconstituted group of ministers on Air India disinvestment while road transport minister Nitin Gadkari has been dropped from the panel, sources said. The panel, which is to work out the modalities for sale of Air India, will now have …
- Rajya Sabha passes bills to make India hub of arbitration 18 Jul 2019 20:18 New Delhi, July 18 (IANS) The Rajya Sabha on Thursday passed the Arbitration and Conciliation (Amendment) Bill 2019 that seeks to make India a hub of arbitration for settling commercial disputes in a shorter period of time. The Upper House also cleared …
- India: Take Five: “Elected Women Representatives are key agents for transformational economic, environmental and social change in India” 18 Jul 2019 18:24 Rahul Bhatnagar serves as the Secretary for the Ministry of Panchayati Raj, a branch of the Indian Government responsible for the ongoing process of decentralization and local governance. UN Women works with the Government of India and local organizations …
- View: India needn’t worry about a ‘middle-income trap’ 18 Jul 2019 18:23 By Ajay Chhibber India doesn’t have a middle-income trap problem. It has a problem of muddled thinking on economic policy. India needs very deep reforms and steady growth to even get into the upper middle-income category, which is where the middle-income …
- Lok Sabha passes Finance Bill, Sitharaman says budget proposals aimed at improving ease of living 18 Jul 2019 18:09 Image Source : PTI Lok Sabha passes Finance Bill, Sitharaman says budget proposals aimed at improving ease of living Finance Minister Nirmala Sitharaman on Thursday said that the tax proposals in the Finance Bill 2019 are aimed at improving the ease of …
- India will become USD 5 trillion economy because of strong foundation laid by previous govts: Pranab Mukherjee 18 Jul 2019 18:03 Former president Pranab Mukherjee said on Thursday that India would become a USD 5 trillion economy by 2024 because of the strong foundation laid by previous governments. Delivering a lecture on 'Furthering India's Promise', Mukherjee said …
- Tata Group keeps top spot in brand valuation survey; Here are Top 50 firms in India 18 Jul 2019 15:52 A man walks past a Tata sign outside their offices in London, Britain March 30, 2016.Reuters file The Tata Group has once again secured the top rank in a list of most valued brands in India. Brand Finance, a UK-based brand valuation consultancy, released …
- Here's why export-led growth is required for a new India 18 Jul 2019 15:52 Indian women spread red chillies across a surface for drying at Sertha village on the outskirts of Ahmedabad.SAM PANTHAKY/AFP/Getty Images In the post-World War II economic history, the performance of the Tiger economies of East Asia stood out like …
- Lok Sabha passes Finance Bill by voice vote 18 Jul 2019 15:12 Moving the Finance (No. 2) Bill, 2019 in the Lower House, Finance Minister Nirmala Sitharaman said amendments were being made in five major categories, including the goods and services tax (GST). Sitharaman said facilities were being extended for setting …
- ICJ verdict on Jadhav ‘comprehensive victory’ for India, Pak now under global gaze: Jaitley 18 Jul 2019 12:56 Union Finance Minister Arun Jaitley and Defence Minister Nirmala Sitharaman in New Delhi on Thursday. (Express photo by Anil Sharma) Describing the verdict meted out by the International Court of Justice (ICJ) in the Kulbhushan Jadhav case as a “ …
- Types of Credit Card available in India 18 Jul 2019 12:35 There are hundreds of Credit card options available to newbies. Each card has different features and caters to specific needs. The benefits offered by these cards also vary. Banks and financial institutions offer a variety of cards. Their Credit limits are …
- Seven laws related to indirect taxation being amended through Finance bill: Sitharaman 18 Jul 2019 12:26 New Delhi [India], July 18 (ANI): Finance Minister Nirmala Sitharaman on Thursday said seven legislations each under the direct taxation and indirect taxation were being amended by the Finance Bill to boost manufacturing and bring greater simplicity and …
- Colgate India appoints new MD 18 Jul 2019 11:58 ET Bureau| Jul 18, 2019, 05.06 PM IST BCCL The maker of the eponymous toothpaste said it posted a 4% rise in new sales during April-June quarter at Rs1075.9 crore with net profit excluding exceptional items increasing 5% to Rs169.1 crore. MUMBAI: Colgate …
- India's electronics production on accelerated path, but accounts for 3.3 pc of global mkt: Prasad 18 Jul 2019 10:12 New Delhi, Jul 18 () India's electronics production is estimated at Rs 4.58 lakh crore in 2018-19, which despite accelerated growth in recent years, still represents only 3.3 per cent share of the global market, Parliament was informed Thursday. The …
- Amit Shah to head ministerial panel on Air India sale 18 Jul 2019 10:12 NEW DELHI: Home minister Amit Shah will head a reconstituted group of ministers (GoM) on Air India disinvestment and road transport minister Nitin Gadkari has been dropped from the panel, sources said. The panel, which is to work out modalities for sale of …
- Bangladesh floods worsen after breach, death toll nears 100 in India 18 Jul 2019 10:08 DHAKA/GUWAHATI, INDIA (Reuters) - One of Bangladesh’s main rivers breached an embankment, flooding a northern district and forcing thousands from their homes, an official said on Thursday, as the toll from monsoon rains in neighboring India climbed to …
- India-Pak Netizens Clash After Indian Leaders Hail ICJ Ruling on Kulbhushan Jadhav 18 Jul 2019 07:56 Asia & Pacific 08:34 18.07.2019Get short URL New Delhi (Sputnik): Indian Prime Minister Narendra Modi and his cabinet colleagues have taken to Twitter to congratulate the International Court of Justice (ICJ) after the World Court asked Pakistan to …
- Government to set up India House for Tokyo Olympics 18 Jul 2019 06:02 New Delhi [India]: Union Sports and Youth Affairs Minister Kiren Rijiju said on Wednesday that the government will set up an `India House at Tokyo ahead of the 2020 Olympics which will provide Indian food to country’s athletes. Replying to debate on the …
- India’s move on palm oil duty will impact Malaysia 18 Jul 2019 04:59 KUALA LUMPUR: The local palm oil sector is expected to face stiffer competition in India with the country’s Finance and Trade Ministries considering raising the palm oil duty from Malaysia to 50% from 45%. Public Investment Bank (PIB) in a research note …
- India’s current account balance deficit grew to $68bn in 2018-19: IMF 18 Jul 2019 04:06 United Nations, July 18 (IANS) India’s current account (CA) balance deficit grew to $68 billion in 2018-19 from $49 billion the previous year, according to the International Monetary Fund (IMF), which said the deficit was justified by development needs. …
- Cabinet asks finance panel to consider securing funds for defence 18 Jul 2019 01:20 The new mechanism is expected to ensure an assured allocation of resources towards defence and internal security imperatives. (Representational Image) In what could be a major change in how government allocates funds for national security, the Union …
- 15th Finance Commission's term extended till November 30; to suggest funding mechanism for defence 17 Jul 2019 20:45 NEW DELHI: The government Wednesday extended the 15th Finance Commission's term by a month till November 30, and mandated the panel to suggest ways for allocation of non-lapsable funds for defence and internal security. The government on November 27, …
- Japanese retailer Uniqlo set to debut with three stores in India 17 Jul 2019 19:49 Japanese retailer Uniqlo on Wednesday announced it was launching three separate stores in India as part of its debut plans, coming at a time when the government proposes to ease local sourcing rules in single-brand retail. On July 5, Finance Minister …
- 15th finance panel gets extension to examine defence funding mechanism 17 Jul 2019 18:04 The Union Cabinet on Wednesday extended the term of the 15th Finance Commission (FC), and added a new term of reference, which requires the commission to examine if a separate mechanism for funding of defence and internal security ought to be set up. This …
- Better business climate, trade norms will help India attract FDI: IMF 17 Jul 2019 18:04 Easing business climate and relaxing trade related norms will help India attract foreign investors and improve the current account deficit situation, according to International Monetary Fund (IMF). The IMF in its India section of the External Sector Report …
- Japan’s fashion retailer Uniqlo to open 3 stores in India 17 Jul 2019 15:44 Japanese fashion brand Uniqlo will open three stores in India, in the Delhi-NCR region, starting with its maiden store in October, the retailer, part of Japan’s Fast Retailing Co. Ltd said in an announcement on Wednesday. The store launch in India will …
- India could tap London's capital market when it raises first-ever intl sovereign bond 17 Jul 2019 14:39 By PTI LONDON: India could tap London's capital market when the country decides to raise its first-ever international sovereign bond later this year, British Prime Minister Theresa May has suggested. Describing India and the UK as twin pillars of the …
- Buy Manappuram Finance, target Rs 154: Geojit Financial Services 17 Jul 2019 13:24 Geojit Financial Services has given a buy recommendation on Manappuram Finance (MGFL) with a target price of Rs 154. Shares of Manappuram Finance closed at Rs 134.15 on 17 July, 2019. The brokerage has set a one-year horizon for the stock to hit the target …
- Coca-Cola India & South West Asia Names Harsh Bhutani As VP Finance 17 Jul 2019 12:07 Tuesday, 16 Jul 2019 07:30am EDT July 16 (Reuters) - Coca-Cola India & South West Asia::APPOINTS HARSH BHUTANI AS VICE PRESIDENT – FINANCE (CFO).SARVITA SETHI TAKES OVER AS VP– M&A AND NEW VENTURES FROM HER EARLIER ROLE OF VP FINANCE INDIA & …
- Audi announces management changes in India 17 Jul 2019 11:27 Rahil Ansari and Balbir Singh Dhillon get new roles. Audi, the German luxury car manufacturer, today announced top-level management changes in India. Rahil Ansari has been selected by AUDI AG for an important position at the company headquarter (Ingolstadt …
- 1 Pakistan arrests accused mastermind of Mumbai attacks Hafiz Saeed, the alleged mastermind of a militant attack on the Indian city of Mumbai in 2008, is arrested on terror finance charges. Reuters, 2019-07-17 16:31:40+08:00 17 Jul 2019 10:50 Pakistan authorities on Wednesday arrested Hafiz Saeed (above), the alleged mastermind of a four-day militant attack on the Indian city of Mumbai in 2008, on terror finance charges, a spokesman for the chief minister of Punjab said. The move came days …
- India's Hindu-Nationalist Group Objects Government Plan to Raise Funds in Foreign Currency 17 Jul 2019 10:30 Asia & Pacific 12:56 17.07.2019Get short URL New Delhi (Sputnik): An Indian right-wing leader has come out against the government’s plan to raise funds in foreign currency to finance the budget deficit. Ashwani Mahajan, Chief of Swadeshi Jagaran Manch, …
- Tata pips LIC to become India’s most valuable brand in 2019 17 Jul 2019 09:59 The brand "Tata" has become India’s most valuable brand for the second straight year in 2019, according to the Brand Finance India 100 2019 report. Tata’s brand value rose 37% to $19.6 billion as compared to $14.2 billion in 2018, surpassing the …
- UK and India leaders celebrate strong financial ties 17 Jul 2019 09:03 https://www.gov.uk Back-to-back events in London have brought together senior ministers and business representatives in a showcase of the UK-India economic and trade partnership. Today, the two governments celebrated growing two-way investment at a …
- Global Blockchain Supply Chain Finance Market Will Register at a Robust CAGR of 33.6% by 2025, Predicts QY Research, Inc. 17 Jul 2019 09:01 (MENAFN - iCrowdNewsWire) The global blockchain supply chain finance market will be witnessing significant growth due to its constant development in technology. Blockchain has gained momentum in supply chain finance as it uses chained finance platform for …
- Govt may hive off Coal India into separate listed firms to raise funds 17 Jul 2019 08:34 India may spin off units of Coal India Ltd, the world's largest coal miner, into separate listed companies to boost competition and raise government funds, according to people with knowledge of the matter. The state-run company and the coal ministry …
- IIFL Home Finance Offers Swaraj Home Loan to Informal Income Segment 17 Jul 2019 08:26 (MENAFN - NewsVoir) Mumbai, Maharashtra, India IIFL Home Finance, India's leading affordable housing finance company offers unique ‘Swaraj' home loan to meet needs of borrowers in the informal income segment. The first time borrowers in the …
- Discovery India announces new organizational structure 17 Jul 2019 07:22 A dedicated vertical for digital has also been created. Discovery Communications India has made organizational changes which will help intensify focus in key strategic areas. The erstwhile division of roles basis mass and premium networks has been done …
- The good, bad and ugly of Finance Minister Nirmala Sitharaman's dollar dreams 17 Jul 2019 07:14 Express News Service HYDERABAD: "We are maxed out," sighed investors. The centre, states and PSUs have been borrowing recklessly and owe Rs 90 lakh crore to individuals, mutual funds, insurers, provident and pension funds, banks and foreign …
- Home first finance plans Rs 1,500-crore IPO this fiscal year 17 Jul 2019 07:04 MUMBAI: Home First Finance Company (HFFC), a Mumbai-based private lender, plans to enter the stock market this fiscal with its ₹1,500-crore initial share sale, two people aware of the development said. Credit Suisse, Kotak Mahindra Capital and ICICI …
- India plans to change all electricity meters to prepaid smart meters by 2022 17 Jul 2019 04:39 New Delhi: In what will help improve the fortunes of India’s beleaguered power sector, the National Democratic Alliance (NDA) government plans to convert all electricity meters into smart prepaid meters by 2022. The strategy is part of the government’s …
- 'Several problems about India borrowing overseas' 17 Jul 2019 04:26 'The most important thing is that the psychological signal it is giving to the markets and international markets,' says former finance secretary Arvind Mayaram. IMAGE: India's ministry of finance in New Delhi. Photograph: ANI Photo One of the …
- Golden jubilee of bank nationalisation in India 17 Jul 2019 03:26 How old is modern banking in India? Origins of banking could be traced to the origin of human civilisation. It was prevalent in some form and has reference in various points in history in different forms. But modern banking in India is a little over a …
- BS Opinion: India aims for moon, but social outlook remains in dark ages 17 Jul 2019 02:55 India is aiming for the moon – literally – but Indians’ social outlook doesn’t appear to have been lifted out of the dark ages. Latest sample registration data from the Registrar General of India shows that although Indians are having fewer children, they …
- Influential Hindu group says India should not issue foreign currency bonds 17 Jul 2019 02:14 India’s Rashtriya Swayamsevak Sangh (RSS) as they take part in the ‘Shrung Ghosh Path Sanchalan’ (Route March by Brass Band) by RSS cadets in Bangalore January 9, 2016. ― AFP pic NEW DELHI, July 17 — An influential Hindu nationalist group close to Indian …
- Debt fears over India's decision to borrow from abroad 17 Jul 2019 00:26 Image copyright AFP Image caption India plans to borrow $10bn in foreign currency While presenting her maiden annual budget on 5 July, India's first full-time female finance minister, Nirmala Sitharaman, indicated that her government was planning to …
- Influential Hindu group says India should not... 16 Jul 2019 21:38 16 Jul 2019 - 21:00 Ashwani Mahajan, chief of the Hindu nationalist Rashtriya Swayamsevak Sangh's (RSS) economic group Swadeshi Jagran Manch (SJM), poses for a photograph inside his office in New Delhi, October 31, 2018. Reuters/Altaf Hussain NEW …
- Exclusive: Influential Hindu group says India should not issue foreign currency bonds 16 Jul 2019 19:33 By Manoj Kumar and Swati Bhat NEW DELHI/MUMBAI (Reuters) - An influential Hindu nationalist group close to Indian Prime Minister Narendra Modi's ruling party has demanded his government review its plan to raise money by selling foreign currency …
- India to be first recipient of AIIB local currency funding 16 Jul 2019 18:39 NEW DELHI: India is set to be the first recipient of local currency financing by the Asian Infrastructure and Investment Bank (AIIB), a senior official said. “India will be the first recipient,” AIIB chief investment officer DJ Pandian told ET. AIIB …
- India must tap foreign capital to trigger investment cycle: CEA 16 Jul 2019 18:24 NEW DELHI: Chief Economic Advisor Krishnamurty Subramaniam on Tuesday said India must tap foreign investment to trigger investment cycle that will lead to higher growth of 8 per cent which is needed for becoming a $5 trillion economy by 2025. "We also …
- Consumer Finance Market Size, Investment Feasibility and Industry Growth Rate Forecast 2019 - 2023 16 Jul 2019 17:52 Jul 16, 2019 (AB Digital via COMTEX) -- Consumer Finance Industry 2019 Description:- The division of retail banking that deals with lending money to consumers. Scope of the Report: This report focuses on the Consumer Finance in global …
- Coca-Cola India rejigs top deck, appoints Sarvita Sethi as new M&A head 16 Jul 2019 17:25 Coca-Cola India has made two key changes at its top management. Keeping with developing business needs and investment in talent development, the Gurugram-headquartered firm has replaced its chief financial officer and appointed a new head for its …
- Coca-Cola India & South West Asia appoints VP for M&A and new ventures 16 Jul 2019 10:13 New Delhi: Beverage company, Coca-Cola India & South West Asia, on Tuesday said it has appointed Sarvita Sethi as vice-president, mergers and acquisitions, and new ventures in a move that will see the beverage maker expand beyond selling sugary drinks …
- Coca-Cola appoints Sarvita Sethi as VP M&A for India & South West Asia 16 Jul 2019 09:05 Sethi, a qualified chartered accountant, has worked across North Western Europe and Central and Southern Europe zones. New Delhi: Global beverages major Coca-Cola on Tuesday announced top-level changes in its India & South West Asia unit with …
- India is said to plan roadshows next month to sell flag carrier 16 Jul 2019 08:43 By Siddhartha Singh India is considering inviting expressions of interest to sell Air India Ltd. by the end of next month as the government aims to complete the transaction this year, people with knowledge of the matter said. The government will conduct …
- DIPAM mulls OFS of NBCC, Hudco, Coal India, NLC to meet sell-off target 16 Jul 2019 07:33 New Delhi: Faced with the daunting task of a higher sell-off target, the DIPAM is mulling offer for sale (OFS) for number of CPSEs like Coal India, NBCC, NLC and Hudco, official sources said. In all these CPSEs there is a scope for further government …
- PayU India to fill empty slots on top 16 Jul 2019 04:03 NEW DELHI| BENGALURU: PayU’s India arm will soon name replacements for top executives who quit recently, its new chief executive said, as the Naspers-owned fintech player undergoes a significant leadership transition. Earlier this month, Jitendra Gupta and …
