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Ratnakar Bank reaps profits where others fear to tread

Feb 25, 2013

The private equity backed company, whose top ranks are now filled with pros from Wall Street banks, has expanded its business into India's poor, rural areas, a tough market long neglected by the country's financial groups. #rural india #IPO #CompanyWatch #Ratnakar Bank
Ratnakar ropes in Citi's Rana for COO, as Dhanlaxmi's Chaturvedi exits

Feb 06, 2012

The private sector bank with a strong regional footprint has been on the upscale for a while attracting many banking industry stalwarts into its fold, the latest being the announcement of Joginder Singh Rana as its Chief Operations Officer (COO). #NewsTracker #Citibank #Bank of America #Dhanlaxmi Bank #Amitabh Chaturvedi #Ratnakar Bank #Joginder Singh Rana #Vishwavir Ahuja #R Gurumurthy #Tajinder Kumar

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Ratnakar Bank eyes $60 mn in 2nd round of fund-raising

Dec 06, 2012

More new investors to be brought in; listing planned in 2014 #VeryCloseUp #fund raising #Ratnakar Bank

Wire

The Hindu
Mangalore will rival Bangalore in IT: Patil

2013-06-17 05:07:00

Information Technology, which generates mass employment and revenue, will be developed in the city such that it can rival the ones set up in Bangalore, said S.R. Patil, Minister of Information Technology and Biotechnology, here on Sunday. Speaking during #Bangalore
Economic Times
Debt-ridden Elder Pharmaceuticals on the block

2013-06-10 22:34:00

MUMBAI: Mumbai-based pharmaceutical company Elder Pharmaceuticals has been put on the block as it grapples with mounting debts and rising competition in the pharmaceutical industry. The company, founded in 1989 by first generation entrepreneur Jagdish Sa #Mumbai #Ernst & Young #India
The Hindu
BCCI emergency meet tomorrow to decide fate of Srinivasan

2013-06-01 10:28:00

An emergency meeting of the BCCI will be held in Chennai on Sunday in which beleaguered president Srinivasan may announce his resignation from the post after he has been virtually isolated by his team in the Board. As pressure mounted on him to quit in t #BCCI #Chennai #Rajeev Shukla

Editor's picks

Lok Sabha polls 2014: Back to basics for Congress and BJP

With the playing field level, from now on it will be a battle of strategies for the Congress and the BJP
Chidu's 'Ferrari' of reforms has an autorickshaw engine

A slew of economic reforms has been promised this month, but one should not expect anything more than fancy footwork from the FM.
From a fed-up, die-hard fan: An open letter to SRK

Forget all this surrogacy business. The reason we love Shah Rukh Khan is that he’s been one of Bollywood’s smarter actors. But of late, SRK’s been a bit disappointing, complains a fed-up, die-hard fan.
Dhoni has Ganguly's touch but with a difference

Rohit, Kohli, Raina, Jadeja, Ashwin, Bhuvneshwar, Umesh – that’s the core of the Indian team today and perhaps it wouldn’t be wrong to say that they are Dhoni’s boys.

Vajpayee, Advani, Modi: Every leader has given Hindutva a twist

From Vajpayee to Advani to Modi –the Sangh Parivar has come a long way, presenting before India every few years a Hindutva face rendered presentable through a shrewd makeover
Why Nitish 'really' dumped the Modi-led BJP

While prima facie it might seem to be a clash of two strong personalities i.e. Modi and Kumar, there is much more to the split than that.
3 Indias at war: Sensex India, Maoist India, and Bharat

The current tensions in India can directly be traced to three visions of India – one of which will involve breaking the country
Last man standing: Why it's easy to feel sorry for Misbah

Sympathy for a Pakistani cricketer, especially a batsman, is a novel emotion for those of us coming from the 90s.

Fear of the unknown grips the BJP in Bihar

Although the party is maintaining a brave face, the eventuality of a split has left many leaders on tenterhooks.
In Mamata's Bengal: Zero tolerance for rape or protesting against rape?

Bengal tops the list in violence against women. There have been several reports of gang rape in the past few weeks. The Mamata government has taken quick and stern action – against the women protesting the rapes in front of the CM’s residence.
Food security: For poor’s sake, jholawalas must speak up

The subsidy to the rich accounts for more than 7 percent of the GDP while that for the poor, with the food security act, would account for 1.1 percent.
Patients get HIV in Assam hospital after blood transfusion, panic spreads

Many patients who were administered blood from the same blood bank fear the worst.

Why a BJP-JD(U) split will be good for India

Neither UPA nor NDA is an alliance. And the BJP and JD(U) were mere power-sharers, not allies. To grow, alliances have to be built around principles not just power-sharing
Chidu takes comfort in Fitch upgrade, but where are real reforms?

At a press conference, Finance Minister P Chidambaram, however, did not reveal any concrete steps but promised more reforms by August. He said the rupee’s decline is in line with that of the currencies of other countries with high current account deficit like India.
Why cutting interest rates will have little impact on industrial production

The index of industrial production (IIP), a measure of the industrial activity in the country, grew by a meagre 2% in April 2013, in comparison to the same period during 2012. The index was expected to grow by around 2.4% (source: India: Weak growth and sticky retail inflation. Sonal Varma and Aman Mohunta, Nomura). In [...]
Why 'Sir' Ravindra Jadeja is a people's genius

If one was simply to go by numbers, young and jolly Jadeja is on course to be a great. That’s not overrating him — it’s the simple logic of statistics one cannot argue against.

The Aurangzeb factor: 5 lessons from Modi-Advani tussle

Political parties need to have a process for electing leaders. This problem relates more to cadre-based parties such as BJP and CPM.
Why 55-60 to the dollar may be the new normal for rupee

A drop in the US dollar index does not seem to help the rupee; this shows that the Indian currency seems to be marching to its own gloomy beat.
Critics split on Apple iOS 7: Hideous, unoriginal or a thing of pure beauty?

The new design has sparked debates over whether Apple stole the design from Android or Windows 8 or just created an unholy union of the two. We take a look at what the critics are saying:
Is Putin the Salman Khan of international politics?

Is Vladimir Putin the Salman Khan of world politics? Our new columnist, stand-up comedian Gursimran Khamba pontificates.

Advani wins: No free hand for Narendra Modi just yet

What was the senior leader’s specific problem? Well, one is the indecent hurry in which Modi’s is being shoved down the throats of other leaders in the party.
Obama's second innings? As a junior engineer in govt service in India

Is Barack Obama about to sit for an exam for a junior level engineer in India? A man in Rajasthan says he’s got an admit card with Obama’s picture on it from the Staff Selection Commission. Actually on second thought that might not be such a bad second career for the President.
How US industries are trying to use 'treaties' to arm twist India

US companies are blatantly violating international agreements or purely lying, when they accuse India of using TRIPS flexibilities. Americans have spoken the same language against other countries such as Brazil and Thailand, but failed.