1.53 lakh units in 1,879 projects across 8 cities are delayed by 3 years; RERA and cases against developers expected to ensure project handover in time
In February 2017, Murthy had raised concern over “the drop in corporate governance standards” at Infosys.
With the share of lending to the retail segment still below par, there is potential for banks and NBFCs to increase their exposure to this loan category and thereby attain growth, thus making them preferred investment options in comparison to others
Noronha’s wealth is significantly higher than other non-promoter MDs and CEOs.
Experts say that it may take another 4-5 quarters before private investment and credit growth picks up for the industrial sector.
Tej Pratap, Tejashwi, Rabri Devi, sisters are shareholders in firm that owns site
Four star and five star hotels which fall in that periphery now run the risk of losing their premium status
The managing director of Asia Equity Strategist, BNP Paribas said that a correction in the markets would make investment proposition attractive for investors.
While there are 1.45 lakh housing units facing delays of over 24 months in the NCR, in the Mumbai Metropolitan Region the number of such units is 89,652.
Calendar 2017 has started on a strong note with the Sensex and the Nifty hitting all-time highs on the back of strong investment from both domestic and foreign institutional investors.
The previous high was an inflow of Rs 36,045 crore in July 2014, two months after the Modi government came to power at the Centre.
Earlier, the Companies Act, 2013 capped political donations from companies at 7.5 per cent of their average net profits in the last three financial years.
Over the last 2-3 years, as the real estate market weakened and traditional realty developers lost ability to complete their projects, large corporate house-promoted players have captured both the market and homebuyers’ imagination
Experts say that the high-listing premium given by the markets to D-Mart should be seen as a mark of respect to a well-run company that follows the most basic fundamentals of doing a business.
Sensex that fell 3.5% between Nov 8 and Dec 30 has gone up by 12.6% since then and closed at 29,585.8 on Thursday
"Investors will give a premium to Indian markets for the likelihood of a long-term stability at the Centre and thereby consistency in policies,” said C J George, managing director, Geojit Financial Services.
The decline in digital transactions in two successive months goes against the government’s stated objective of scrapping high-value currencies — that of moving towards a “less cash” economy.
Investors should look at growth stories specific to a company and certain sectors as there are many firms that are doing well on earnings front, say experts
In events such as management tussle in a company, investors should look out for the broad intent of the promoter and whether returns were generated in the past
Economists say that there was a decline in consumption in Nov and Dec as people were uncertain about spending after government announced to withdraw the legal tender character of old Rs 500 and Rs 1,000 notes.
In the case of foreign institutional investors (FIIs) or foreign portfolio investors, the shareholding has come down from 41.5 per cent to 39.02 per cent.
Recent measures taken by the government, coupled with the continued pressure on the real estate market would further bring property prices down.
Senior bank officials with at least three different banks told The Indian Express that the RBI in its letter sent to the banks has asked them details of all the DDs made during the demonetisation period and later cancelled.
Finance Secretary Ashok Lavasa, told The Indian Express that both the department and the government do not want such a situation and they are working towards reducing human interface through the use of technology.
On the proposed electoral bonds, Das, in an interview with the Indian Express, said that a limited time window for electoral bonds will help avoid the danger of them becoming a parallel currency.
Arun Jaitley proposed to provide taxmen with the powers to provisionally attach the property of an assessee for six months either at the time of search and seizure or till sixty days from that date.
Jaitley proposed to amend Section 87A and reduced the maximum available rebate.
While experts welcomed the move, they said that the market expected a reduction in the MAT rate.
As a result of the additional surcharge of 10 per cent on the rich category, an individual having a net taxable income of Rs 51 lakh per annum, will have to pay an additional tax of Rs 1.25 lakh.
The conservative estimate is that the fresh wave of bad loans could surface over the next three-four quarters and specifically be centred around loans to the MSME segment.
US President-elect Donald Trump has clearly outlined a policy of protectionism and if the US were to change its stance on outsourcing, there could be a significant dent to the demand for office space from American companies in India, especially in the IT and ITeS space
Bank credit to the infrastructure sector, which had been steadily sliding over the first eight months of the current financial year, has recorded its sharpest contraction of 6.7 per cent in November.
The first communication by SBI to officials of Indian Oil, BPCL and HPCL, sent on December 22, reveals that the decision to levy MDR was taken in a meeting between banks and senior officials of OMCs.
Faster delivery of projects, improvement in manufacturing sector and better housing price-to-income ratio are among the factors that can help the sector gain further momentum.
An email sent to Sahara India seeking details of revision in their expenses and the huge gap in reporting of expenditure between RoC filings and that provided to the tax authorities, went unanswered.
Sudip Bandyopadhyay’s arrest is a flashpoint in the already hostile relations between the Trinamool Congress and BJP. What is the case against him and his party colleague Tapas Pal?