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Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Aug 05, 2014

Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Noting that rise in non-performing assets of PSBs was a matter of concern, the junior finance minister said that "although the gross NPAs have increased at system level, the gross NPAs ratios of banks do not indicate any systemic vulnerability". #NewsTracker #SBI #Canara Bank #Nirmala Sitharaman #Bank of Baroda #Corporate Debt Restructuring #Financial Stability Report #PNB #non performing assets
Budget 2014: FM sets ambitious asset-sale target to raise $12 bn as stocks enjoy Modi boom

Jul 07, 2014

Budget 2014: FM sets ambitious asset-sale target to raise $12 bn as stocks enjoy Modi boom

The government will seek to raise up to a record $11.7 billion in asset sales in its maiden budget this week, a senior government source said, bolstering state finances and buying time for structural reforms to revive a weak economy.
#PSUs #Narendra Modi #Arun Jaitley #analysis #Budget 2014 #Asset Sales
Modi's Budget to be pro-growth, may focus on tax reforms: Barclays

Jun 30, 2014

Modi's Budget to be pro-growth, may focus on tax reforms: Barclays

Barclays said Indian equities have had a strong first half. While it is positive over the medium term of three years, Barclays expect Indian equities to consolidate over the next six months as fundamentals play catch-up with valuations.
#India #Narendra Modi #Growth #Barclays #GST #Land acquisition #Budget #DTC #Asset #Budget 2014 #Sector Watch
Disclosure of assets, bank accounts should be mandatory, says AAP

Jun 23, 2014

Disclosure of assets, bank accounts should be mandatory, says AAP

To curtail flow of black money, the existing law should be amended to make it mandatory for citizens to disclose all their assets and bank accounts in India and abroad, the AAP today said. #Black money #Law #TheySaidIt #assets #bank accounts #AAP #AAP black money #mandatory
DA case: Why the judgement will be critical for Jayalalithaa

Jun 20, 2014

DA case: Why the judgement will be critical for Jayalalithaa

The case, originally filed in 1996, has seen innumerable delays because of associated cases and petitions being filed over the years. It pertains to allegations that Jayalalithaa accumulated properties worth Ra 66 crore, disproportionate to her known sources of income. #DMK #Supreme Court #ConnectTheDots #Jayalalithaa #J. Jayalalithaa #Disproportionate Assets Case #DA case #Judgement

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(In)Efficiency in Public Sector Educational Institutes

Mar 01, 2012

(In)Efficiency in Public Sector Educational Institutes

Even a cursory investigation into this unfortunate state of affairs will reveal that the real problem is the poor state of the underlying management and administrative mechanism that governs Public Sector Educational Institutions (PSEI). #Jairam Ramesh #Investment #ConnectTheDots #Narayan Murthy #Fixed assets management #web using credit cards #Vigilance Commission

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(In)Efficiency in Public Sector Educational Institutes

Aug 19, 2014

BHP Spinoff Won’t Appeal to Commodity Players

Prices of nickel and aluminum, assets that will be part of the new company, are rising. But for investors, there are purer plays and better-diversified producers, says Swaha Pattanaik of Reuters Breakingviews...
(In)Efficiency in Public Sector Educational Institutes

Aug 19, 2014

BHP Billiton to Spin Off Units, Reversing Consolidation Trend

Responding to a softening commodities market, the mining giant will put several assets into a new metals and mining company, largely undoing the merger of BHP and Billiton in 2001... #BHP Billiton Limited #Australia
(In)Efficiency in Public Sector Educational Institutes

Aug 22, 2014

The Rise Of The Unicorns -- Why Marketing Technologists Will Rule Modern Marketing

This week in Boston the first MarTech conference was held to encourage and support the increasingly important but still rare professionals — those who are equally adept at marketing and technology. Sometimes labeled chief marketing technology officer... #BHP Billiton Limited #Australia