January 27, 2012
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01.33 pm Dec 16The RBI left rates untouched, but did cut them as some had hoped. Industry can take comfort from its stance that interest rates will moderate assuming inflation keeps falling.
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04.58 pm Oct 10Rising number of foreign tourist arrivals will create more demand for the hospitality industry, though higher capacity may cap tariff hikes.
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07.53 pm Oct 3
Retail company plans to use the funds to lower its debt to equity ratio. It’s a tough order with the stock having lost about half its value in a month. -
11.55 pm Sep 16Swedish engineering company joins the ranks of companies seeking to delist from local bourses. Shareholders will reap a windfall, though they lose a good company in the process.
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04.42 pm Sep 16Axis Bank’s business will get a leg-up after acquiring Enam’s financial services business. The deal structure has been modified to meet RBI’s conditions, but the consideration remains all-stock.
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01.06 pm Sep 16The RBI shows no indication that its job is done. It is still unhappy with inflation racing way ahead of its comfort zone. If inflation does not concede defeat, it may hike rates yet again.
01.33 pm Dec 16
The RBI left rates untouched, but did cut them as some had hoped. Industry can take comfort from its stance that interest rates will moderate assuming inflation keeps falling.
01.33 pm Dec 16
The RBI left rates untouched, but did cut them as some had hoped. Industry can take comfort from its stance that interest rates will moderate assuming inflation keeps falling.
12.09 pm Dec 5
Bank of India re-enters the asset management business after nearly a decade, will exploit its branch network to sell its own MF products, in addition to third-party products.
NEWS BY INDUSTRY
NEWS ANALYSIS