Search Results for: equity and debt

Bankers come to the aid of striking IDBI employees to oppose its sale to LIC

The government must maintain its commitment to hold 51 percent of equity in IDBI at all times. But, by allowing LIC to acquire 51 percent of equity in IDBI, the government will be facilitating the drop of its equity to 43 percent.

Jul 24, 2018

Dalal Street maven Rakesh Jhunjhunwala says Modi will win 2019 elections: Here's why

If the wisest are those who are wise with money, Prime Minister Narendra Modi can take heart. India's ace investor Rakesh Jhunjhunwala predicts Modi will come back to power in 2019.

Jul 24, 2018

Pakistan general election 2018: What's at stake? Cheat sheet to polls that will see election of new PM

As Pakistan goes to polls on July 25, there are 342 seats in the National Assembly, of which 272 are directly elected, 60 are reserved for women and 10 for religious minorities. A party looking to independently form the government will have to secure 137 directly elected seats.

Jul 24, 2018

600 Indians working on the 2022 Football World Cup stadium stranded with no salary in Qatar

An Indian official explained that about 300 of these 600 workers in Qatar have been provided with other jobs and many have even been brought back to India, but there are scores of workers who have been struggling to make ends meet.

Jul 23, 2018

Maldives reverses its stance: Island nation to continue using Dhruv helicopters

In April, the Letter of Exchange (LoE) between the countries had expired and the Maldives government had asked the Indian Navy to close the process of removal of both the Indian helicopters by June end.

Jul 23, 2018

Dubai hits rough patch as markets slump; economic slowdown on the cards?

Dubai is going through a rough patch as residential property prices have dropped by more than 15 percent since late 2014 and are still falling. The stock market is down 13 percent this year, the worst performance in the region.

Jul 22, 2018

Nawaz Sharif's younger brother Shehbaz vows to make Pakistan better than India

PML-N President Shehbaz Sharif also claimed that he would take Pakistan at par with Malaysia and Turkey. He added that he would visit Mahathir Mohamad and Tayyip Erdogan to learn from them and make Pakistan a great nation again

Jul 22, 2018

Nawaz Sharif's key party member Hanif Abbasi handed life imprisonment in ephedrine quota case

The case involved illegal allocation of ephedrine quotas worth 7 billion Pakistani rupees to two pharmaceutical companies. Besides PML-N leader Hanif Abbasi, Ali Musa Gilani -- son of former premier Yousuf Raza Gilani, and former health minister Makhdoom Shahabuddin were also accused in the case.

Jul 22, 2018

Comcast concedes defeat to Disney, withdraws bid for Fox

Comcast announced that it was dropping its $66 billion bid for Twenty-First Century Fox, clearing the path for Disney to take over the lucrative entertainment assets. Comcast will now focus on acquiring a stake in European broadcaster Sky.

Jul 20, 2018

China's offer to build economic corridor in Myanmar reaches final stage

The two government seems to be interested on project by but a there is a number issues that may block its progress.

Jul 19, 2018

Defence Ministry postpones warship deal under Make in India

The Rs 20,000 crore contract for landing platform docks (LPD) is witnessing a stiff corporate war between two defence manufacturing giants with allegations of favouritism and supplying insider information.

Jul 18, 2018

China's ride-hailing giant Didi may spin off its car services unit for up to $1.5 billion

Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion ahead of its expected initial public offering, people with direct knowledge of the matter told Reuters.

Jul 17, 2018

Government to rescue public sector banks; might infuse Rs 8,000 crore

In January 2018, the government had announced a capital infusion of Rs. 88,000 crore to 20 public sector banks in the current financial year.

Jul 17, 2018

Indian IT companies witness drop in foreign portfolio investors' exposure

Interestingly, one of the major features of the Indian markets in the current year has been the high volatility in terms of investment when it comes to foreign inflow and outflow

Jul 16, 2018

Punjab National Bank's turnaround on full throttle; recovers Rs 77 billion in Q1

The most encouraging part of this development is that the recovery has surpassed the total amount it recovered in the entire financial year 2017-18

Jul 16, 2018

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Search Results for: equity and debt

Bankers come to the aid of striking IDBI employees to oppose its sale to LIC

Dalal Street maven Rakesh Jhunjhunwala says Modi will win 2019 elections: Here's why

Pakistan general election 2018: What's at stake? Cheat sheet to polls that will see election of new PM

600 Indians working on the 2022 Football World Cup stadium stranded with no salary in Qatar

Maldives reverses its stance: Island nation to continue using Dhruv helicopters

Dubai hits rough patch as markets slump; economic slowdown on the cards?

Nawaz Sharif's younger brother Shehbaz vows to make Pakistan better than India

Nawaz Sharif's key party member Hanif Abbasi handed life imprisonment in ephedrine quota case

Comcast concedes defeat to Disney, withdraws bid for Fox

China's offer to build economic corridor in Myanmar reaches final stage

Defence Ministry postpones warship deal under Make in India

China's ride-hailing giant Didi may spin off its car services unit for up to $1.5 billion

Government to rescue public sector banks; might infuse Rs 8,000 crore

Indian IT companies witness drop in foreign portfolio investors' exposure

Punjab National Bank's turnaround on full throttle; recovers Rs 77 billion in Q1

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]