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Yes Bank up 97% in fiscal 2015: Private banks return way more to investors than public lenders

Apr 01, 2015

Yes Bank up 97% in fiscal 2015: Private banks return way more to investors than public lenders

Risk-averse private sector banks remained the darlings of stock market investors in fiscal year 2015, giving almost double the returns compared to capital-starved, stress-ridden state-run banks. Analysts do not see this trend changing in the approaching year. #S&P #ICICI Bank #SBI #Arun Jaitley #NPA #PSU banks #Basel III
No plan to shut down MTNL, says Telecom Minister Ravi Shankar Prasad

Mar 12, 2015

No plan to shut down MTNL, says Telecom Minister Ravi Shankar Prasad

There is no plan to shut down loss-making telecom company MTNL and the government is taking various measures to revive it, Union Minister Ravi Shankar Prasad said on Thursday. #India #air india #NewsTracker #Ravi Shankar Prasad #MTNL #Department of Telecom #broadband #PSU #Anant Geete #Hindustan Shipyard
Govt has no business to be in business: Sell off Air India or shut it down

Mar 12, 2015

Govt has no business to be in business: Sell off Air India or shut it down

Air India should have either been sold off or shut down long ago - it appears to be lurching from one financial crisis to another. Now is as good a time as any for the Government to take a bold decision and get this ailing airline off its hands. #air india #Narendra Modi #PSU #Civil aviation #sick
Sensex gives up early gains, slips into negative on profit-booking

Feb 19, 2015

Sensex gives up early gains, slips into negative on profit-booking

Sensex failed to hold its initial gains and slipped into the negative territory by falling over 155 points in late morning trade #Sensex #nifty #Power #Banking #BSE #NSE #Infrastructure #realty #PSU #Oil & Gas #BSE Fmcg
Bankers are right in seeking priority sector lending status for renewable energy

Feb 16, 2015

Bankers are right in seeking priority sector lending status for renewable energy

There isnt an iota of doubt about the promised business potential of renewable energy and the central bank can surely look at reforming the priority sector rules in favour of renewable, clean energy. The Modi-government shouldnt have a problem with such an exercise. #India #RBI #Banking #Renewable energy #PSU banks #Priority Sector Lending