Nov 18, 2016 - Bankers begin to buckle under stress

How Should India Resolve the Fault Lines in its Shadow Banking System? The days of light-touch regulatory approach towards the NBFC sector is over. But what should follow? Read More

With its large cheques, SoftBank creates a club of startup super-haves Typically, SoftBank leads the capital infusion and commands a large stake when it invests in a firm.The fear probably stems from the fact that in 2017, SoftBank was actively mediating merger talks between its two investee firms and rivals—Flipkart and Snapdeal Read More

How to quadruple the number of tax payers in India Have just two rates of personal income tax: 10 per cent and 20 per cent. Read More

India has wage problem, not job problem, says Mohandas Pai Former Infosys CFO and multi-sector investor T V Mohandas Pai has said India does not face a job problem, but one of wages, as a lot of low paid jobs being created do not find favour with degree holders. Read More

UCO Bank declares Yashovardhan Birla wilful defaulter “The present balance outstanding is Rs 67.65 crore plus unapplied interest from the date of turning into a non-performing loan,” the bank said. Read More

Ministry of Corporate Affairs looks to freeze IL FS ex-directors’ properties Likely to seek court order; probe to focus on groups infra projects. Read More

PNB puts on block 6 NPAs with outstanding of over Rs 1,000 crore "We intend to place the (six accounts) for sale to ARCs/NBFCs/Other Banks/FIs etc," said a notice put up by PNB. Read More

Aurobindo Pharma lines up $200 million capex for FY20 Aurobindo Pharma Ltd. to invest $ 200 million on Capex and over 5% of sale value on R&D. Read More

Infra PSUs can hope for tax-free bonds in Budget to raise capital One sector, which is likely to get maximum focus in the Budget, is infrastructure. Read More

NBFC crisis to pull down home loan growth first time in three years: Report Issues with the non-banking lenders slowed down credit growth of dedicated housing finance cos in FY19. Read More

FinMin assessing capital needs of PSU banks; Budget may make provision for Rs 30,000 crore Besides, if the government goes for another consolidation like Bank of Baroda, the three-way merger would also require additional capital, the sources said. Read More

Canara Bank looks to tap markets to raise ₹6,000 crore through QIP Final issue size may vary from targeted corpus depending on management discretion, investor decision.Other public sector lenders are also planning to raise money from the market Read More

89 pc family biz in India expect to grow in next 2 years: Survey A lot of Indian family business owners are looking at private equity or venture capital funding or are looking at listing their business on stock exchanges. Read More

NRIs can invest in India in the form of FDI in Indian firms As per FDI Policy, 2013 a non-resident entity (Entity here means NRIs, POIs, OCBs, SEBI registered FVCI, FIIs etc.) can invest in India, subject to the FDI Policy except in those sectors/ activities, which are prohibited, according to Mohit Sauja, Read More

Entrepreneur pipeline has never been stronger: Blume Ventures’ Reddy Karthik Reddy, managing partner at early-stage investor Blume Ventures, talks about India’s fundraising environment, competition in seed-stage investing.‘We are beginning to realize that the only way to predictably drive exits is to build IPO-worthy companies’ Read More

$5 Trillion Indian Economy A Challenge But Achievable, Says PM Modi PM Modi also announced setting up a high-powered committee on structural reforms in agriculture. Read More