View: Making Bengaluru Asia’s innovation capital
Karnataka’s new entity will help innovators navigate national and local laws. Innovation, by its very nature, brings in disruption to the wider ecosystem which include the laws that govern such an ecosystem.
Financial, consumer and pharma stocks to drive market over next 2 years: Mahesh Patil
The midcap index has started to relatively outperform a bit but it is still early days.
Bank auditors have to be more vigilant
Under the new framework, statutory auditors, in verifying whether an NPA has been correctly identified by the bank, should not confine to the objective tests laid down but “display a greater degree of scepticism and independence” in scrutinising banks’ exposure to big borrowers.
Govt to launch PMKVY-III in next financial year: Skill development minister
Govt launched the PMKVY scheme in 2015 and revamped it in 2016 to impart skills to one crore persons by 2020.
PSB consolidation may shrink IT firms' business
The country will be left with only 12 large public sector banks from 27 before, the government had announced earlier this year. For existing IT service providers, this not only shrinks the market in terms of the number of prospective clients, but also poses challenges with respect to scale as banks become larger. A reduction in the number of prospective customers will affect revenues.
Bharti Infratel declares 2nd interim dividend
The payment of interim dividend/dispatch of dividend warrants will be done on or before January 9, 2020.
Women on boards double in five years, but representation still low
India Inc has lagged behind the US trend on gender diversity on boards.
JM Financial initiates buy on Essel Propack, target price Rs 90
The analyst suggested a stoploss at Rs $stopLossL
How to allocate money to mutual funds to make Rs 75 lakh in 15 years?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Signals are clear: DTH operations of Airtel, Dish TV may merge
ET was the first to report on March 18 that Bharti chairman Sunil Mittal had initiated talks with the Essel Group promoters to merge their DTH operations. The move had come after Mukesh Ambani’s Reliance Jio took a controlling stake in two of the country’s largest multisystem operators – DEN Networks and Hathway Cable & Datacom.
Up to 2,00,000% returns in 20 years! Brokers are still bullish on these 5 stocks
Some 173 stocks in the equity market multiplied wealth by over 10 times in 19 years.
NSE launches interest rate options on 10-year G-Secs
Participation was observed from more than 50 members, the exchange said in a release.
SBI reduces one-year MCLR by 10 bps
According the bank’s press release, this is its eighth consecutive MCLR cut this financial year.
UPPCL to buy 200 MW solar power from SECI
The UPPCL had entered into a power purchase agreement with SECI on November 14, 2018 to purchase 200 MW of solar power from Karnataka-based Pavagada Solar Park for a period of 25 years.
Ecom Express closes $36 million funding round from CDC
Founded in 2012 Ecom Express currently operates in over 2,400 cities, and reaches 26,000-plus pin codes. The logistics company will use the proceeds expand its presence and infrastructure.
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