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How messaging app Reliance JioChat makes a mark; check out the top 6 features

A key feature is the peer-to-peer money transfer facility within the app.




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S Chand aims to raise Rs 728 crore from IPO

Leading textbook publisher S Chand has priced its initial public offering (IPO) in a price band of Rs 660 to Rs 670 per equity share.




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Yes Bank MD & CEO Rana Kapoor: Hope CASA ratio to touch 40% in next 4 quarters

Yes Bank has seen a 30.2% increase in its net profit for the March quarter, due to strong growth in advances and growth in low-cost CASA deposits.




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Asset allocation: Looking to book profits in equity now? Here’s why you should shift to short term bond funds

It has been proven that portfolio allocation leads to long-term optimum results on investments. Awareness among investors is gradually increasing on the imperative of allocation.




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Marathon Nextgen Realty to buy back Rs 149-cr shares

The offer at `275 per share is 17.6% less than its closing price of `334 on Monday.




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As promoters fail to infuse capital, recast loans of Rs 50,000 cr fail at CDR cell in FY12

Aggregate recast loans worth around Rs 50,000 crore (Rs 49,332 crore) failed at the corporate debt restructuring (CDR) cell in FY17, taking total failures since the inception of the cell in 2001 to Rs 1.37 lakh crore.




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Ransomware: Banks better prepared to deal with Wannacry-like threats, says SBI Dy MD & CIO Mrutyunjay Mahapatra

Interview: Mrutyunjay Mahapatra, deputy MD and chief information officer, State Bank of India.




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Government to oppose RBI’s new cash tool plan

The Reserve Bank of India's proposal to introduce a new liquidity tool to help manage a banking system flooded with surplus cash is facing opposition from the government.




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Manpasand Beverages stock gets ‘Reduce’ rating from Kotak, TP at Rs 700 after reporting healthy quarter

Manpasand reported a healthy quarter overall albeit EBITDA/PAT were below our estimates. Overall, FY2017 was broadly in line with company guidance at start of the year and both Mango Sip and Fruits Up posted robust growth.




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SBI may issue perpetual bonds to raise around Rs 2,500 crore

State Bank of India (SBI), may approach the debt market to issue additional tier-1 bonds or perpetual bonds, according to sources in the bond market.




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ACC stock gets rated ‘Buy’ by Edelweiss, says target price revised to Rs 1914

Investors in ACC have reason to cheer as volume posted double digit growth in Q2CY17, up 10% y-o-y, after a gap of >5 years and is set for ~10% jump in CY17, on low base of ~9% dip in H2CY16.




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Stressed asset purchases likely to pick up in next few months, say senior Kotak Mahindra Bank officials

Kotak Mahindra Bank on Thursday reported a surge in its first quarter net profit while maintaining the asset quality.




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For Bharat Financial, what is key to growth? BofA Merrill Lynch explains key points

Bharat Road Network, a road and highways BOT company, has priced its initial public offering (IPO), aimed at raising Rs 600 crore, in a price band of Rs 195-205.




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As customers demands turn challenging, here is how Maruti Suzuki is looking to stay ahead

The new dealerships will be known as ARENA and will be well equipped digitally to cater to the demand of the tech savvy customers.




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Covering cotton yarn under MEIS will boost India’s exports: Textile industry body

To benefit the farmers with better price for raw cotton, the Centre shall also bring the cotton yarn under MEIS coverage, said the Confederation of Indian Textile Industry.




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As more farmers opt for Soybean, SOPA pegs output at 114.83 lakh tonne

As per SOPA estimates, the actual area in Maharashtra is 36.390 lakh hectare, which is 10% less than the government estimates of 40.433 lakh hectare. Soyabean output in Maharashtra is estimated to rise by 32% to 38.4 lakh tonne for this year.




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Oil imports: Opportunity for India as sanctions-hit Venezuela seeks to double exports

Caracas, which buys medicines and other products from India, is looking for alternative payment methods after the United States imposed stringent sanctions on Venezuela’s state oil firm PDVSA in a bid to push out President Nicolas Maduro.




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In Asia’s high-yield bond battle, Indonesia set to gain upper hand over India

In contrast, Indonesia’s improving fiscal status and aggressive monetary policy stance in the face of global headwinds have burnished the nation’s assets in the eyes of investors.




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Govt to sell up to 3% stake in Axis Bank to meet Rs 80,000 cr disinvestment target

At the end of December 2018, Suuti held a 9.56% stake in Axis Bank. The OFS is part of the government’s move to meet its disinvestment target of Rs 80,000 crore for FY19.




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Not so sweet! Millers’ sugar offer in lieu of FRP fails to cheer farmers

Sugarcane arrears in Maharashtra have now mounted to Rs 5,000 crore and industry sources claim the position is likely to worsen.




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Karur Vysya Bank Q3 net plummets 70% to Rs 21 crore

The bank has witnessed asset quality weakening further in December quarter with the gross non-performing assets (NPA) as of December 2018 increasing to Rs 4,056 crore (8.49%) compared to Rs 2, 663 crore (5.95%).




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Interview: Aim to break even in the next 18-24 months, says Fino Payments Bank EVP

Fino Payments Bank aims to break even in the next 18-24 months, executive vice president and head-products & alliances Ashish Ahuja tells Mitali Salian.




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Maharashtra targets to export 2,500 tonnes of Alphonso, Kesar mangoes

The board had been holding regular workshops with both farmers and buyers to encourage exports, he said, adding that the board had taken huge efforts to ensure that more mango growers register their orchards with MangoNet.




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Analyst Corner| Jyothi Labs — Product launches to boost volume growth

Dishwashing has been one of fastest-growing categories for JYL and we expect strong growth to continue on account of market share gains and lower overall penetration in the category.




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SBI is geared to meet any additional demand for housing loans

The bank, which witnessed a spike in NPAs in its home loan portfolio post the merger of the associate banks, expects the NPA levels to dip with improvements in underwriting and recoveries.




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Bank of India to sell 25.05% stake in life insurance joint venture

Established in February 2009, Star Union Dai-ichi Life’s (SUD Life) premium income stood at Rs 1,211 crore, while its profit after tax stood at Rs 55 crore during April-December 2018-19.




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Big is beautiful: Lakshmi Vilas Bank, Indiabulls Housing to merge

The Indiabulls board has constituted a reorganisation committee headed by SS Mundra, independent director on the board of Indiabulls and former RBI deputy governor, to undertake necessary decisions in relation to the proposed merger.




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Banks’ net interest income to rise over 20% y-o-y in Q4: Analysts

Even as banks see a rise in core income and a drop in fresh bad loans, they may see a fall in non-interest income, with treasury income falling sharply on a sequential basis.




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Lower output, price rise to hit cotton yarn margins

India’s cotton production is expected drop by over 5% in cotton season 2019 (the CS is usually from October 1, 2018, to September 30, 2019) due to low water availability and inadequate south-west monsoon in key cotton producing states and higher incidences of pest attacks.




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Gold rush: Jewellers make desperate bid to woo customers

Popley Group has launched a special edition of gold coins, which are being offered at cheaper rates, and is also selling luxury watches at a 25-50% discount.




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Cotton association reduces crop estimates for 2018-19 to 315L bales

CAI’s current estimates for the North Zone, Madhya Pradesh, Telangana and Andhra Pradesh are lower by 1 lakh bales each compared to its previous month estimate.




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Promoters’ pledged shareholding falls to 2.83% in Jan-Mar: Kotak Institutional Equities report

Outstanding promoters’ pledged shares were Rs 1.95 lakh crore, which is about 1.38% of the total BSE-500 Index’s market capitalisation in March 2019.




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Weak exports, uncompetitive prices to hit cotton spinners, says report

With India exporting roughly one-third of its cotton yarn production every year, trends in export demand play a crucial role in determining the overall performance of the domestic spinning sector. 




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Pink bollworm attack on cotton crosses economic threshold limit in Maharashtra

Last year’s cotton sowing was estimated at 126.44 lakh hectare. Scientists say that early cotton sowing may be responsible for pink bollworm attack.




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India’s shrimp exports to the US rises by 14 pct in January-June 2019

Total imports of shrimp by US for the first six months of 2019 remained flat at 300,683 tonne compared to 302,495 tonne imported during the same period of 2018. Overall, US imported 695,332 tonne of shrimps last year.




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Easy loans: Banks to sanction retail loans through portal

Industry members claim that the turnaround time after loan sanctions through the portal has been long. In a meeting with finance minister Nirmala Sitharaman earlier this month, an industry association raised a complaint to this effect.




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Plan to charge zero MDR for large merchants is faulty, says expert

Finance minister Nirmala Sitharaman in the FY20 Budget abolished MDR charges for all merchants having a turnover of over Rs 50 crore which would lead the payment companies taking a hit on their margins.




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How brands can provide the best customer experience

‘Share of experience’ is the new norm, and one needs to consistently make efforts towards it to survive in the modern age




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Inspiring Innovation: How To Motivate Creative Marketing Teams

Tips from executives on how to inspire creativity in the workplace




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One on One: Rethinking CRM as Customer Engagement with Tom Libretto

Tom Libretto of Pega discusses the rapid evolution from traditional CRM to a real-time customer-centric marketing and sales environment




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4 Online Video Trends (And When To Use Them In Your Marketing)

In the rapidly-growing video marketing space, it's essential to stay ahead of emerging trends




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Don’t force industry to pay wages during COVID-19 lockdown

Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival




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Covid-19 pandemic: 800 million households dependent on remittances to be hit

Global and multilateral institutions and national governments need to come together to make sure that the loss of income is offset through cash-and-kind support.




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Safety first: Punish attacks on doctors, but also focus on dispelling Coronavirus fears

Traditionally, our response to laws failing to arrest healthcare violence has been to simply increase the quantum and severity of punishment the next time.




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Inside Track: Amid COVID-19 crisis, steps seem afoot to ensure Rahul Gandhi returns as Congress president

The impression was reinforced when Rajnath Singh, and not Shah, was appointed last month to head the 15- member high-power ministerial committee coordinating with states on ensuring movement of essential supplies during the lockdown.




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Magnanimity of the rich: Cricket needs to take a leaf out of tennis’s book to maintain equilibrium

When the game returns, the struggling cricket boards will be dependent on three superpowers—India, England, Australia—for bailouts




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Need faster labour reforms if the economy is to thrive

Parliamentary panel’s recommendations aren’t bold enough, and in some areas, they are even regressive.




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Dial-A-Doctor: eSanjeevani portal for telemedicine a welcome move by govt

As more governments integrate the service—Himachal Pradesh was latest to do so, on April 21—one can expect traffic to increase.




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Institutional challenges to migrants’ welfare

Not only has the registration of migrant workers by states been unsatisfactory, but state welfare boards’ capacities to offer assistance also varies, hampering daily wage labourers’ access to social and food security during the crisis




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Franklin Templeton AMC is to blame for poor investment choices, not Coronavirus

Can’t blame Corona for crisis, investment choice was poor