By Taponeel MukherjeeThe decision by the Reserve Bank of India (RBI) to grant banks the option to spread provisioning equally over up to four quarters for mark-to-market (MTM) losses on investments is one that merits discussion.These investments are those held in Available for Sale (AFS) and Held for Trading (HFT) ...
According to the IMD's prediction on the distribution of rainfall, central India too will get 'normal' rainfall but the southern Peninsula - Karnataka, Telangana, Andhra Pradesh, Tamil Nadu, Kerala and Puducherry - may get 'below normal' rainfall.
By Aurobindo DasChances are, you have a real estate horror story to share.The new reality is realty is learning to play straight. A far cry from the days when hanky-panky deals ruled and the game was anything but fair.Time to uncork the champagne? Yes and no. A LOT ON THE ...
Infosys today said it has completed acquisition of US-based digital marketing and consumer insights firm Wongdoody for nearly $75 million. The Indian IT services major had during recent quarterly results announced its decision to acquire this agency as it would look to enhance capabilities to offer services to clients who ...
MUMBAI: Reliance Communications (Rcom) and Ericsson may seal a settlement pact between Rs 600 crore -700 crore, ending the eight-month battle over unpaid dues.The possible truce will help the Anil Ambani-owned telco exit the insolvency proceedings and sell most of its wireless assets to Reliance Jio Infocomm (Jio) and repay ...