Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
'We have a plan to plough back a 'This year in the first half we had profits of more than Rs 31,000 crore.' significant amount of profits this financial year.' 'We have seen this organic plough back of profit is one of best ways to support the equity of the bank.'
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
The IAF Chief released the new ensign at the 91st IAF Day celebrations in Uttar Pradesh's Prayagraj.
If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.
'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'
The Indian cricket team's chief selector Ajit Agarkar lauded the 28-year-old chinaman spinner Kuldeep Yadav and said that he will be one of the trump cards for the Men in Blue in the ODI WC.
The women's Reservation Bill is likely to be introduced in the Lok Sabha on Tuesday during the ongoing special session of the Parliament and in Rajya Sabha on September 21, government sources said.
Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. In his resignation letter, Kalyanasundaram has raised issues like factionalism in the board, his differences regarding rights issue and the alleged 'lack of in depth banking knowledge' in other members. This comes after Ravindran Pillai, head of RP Group, who holds 9.99 per cent stake in the bank (largest shareholder), came out with a special notice for removal of Kalyanasundaram.
Delhi Capitals captain David Warner rued his side's poor batting approach after they were knocked out of IPL play-offs contention following a 31-run defeat to Punjab Kings, in Delhi, on Saturday.
'I have saved your name on my phone, but I cannot read or pronounce it.' 'I am able to recognise my wife's name today because after seeing it for so long, it has been imprinted in my mind as a picture and not the letters.'
SEBI has published data showing that more than 90 per cent of investors lose money in futures and options, explains Harsh Roongta.
'To sustain our growth trajectory, we must continue to explore and capitalise on growth opportunities.'
The chief minister and his wife Kamlesh Thakur presented a cheque of Rs 51 lakh to chief secretary Prabodh Saxena at their official residence in Shimla.
'But unlike Bond who killed an individual, Israel is killing a nation.'
If he plays IPL 2024, Wellalage will be the fourth player from the U-19 World Cup 2022 to play the IPL. South Africa's Dewald Brevis plays for the Mumbai Indians, Raj Bawa plays for the Punjab Kings and Yash Dhull plays for the Delhi Capitals.
The top court said the exclusion of a member of the Opposition from the House just because of a perspective which may not be consistent with the viewpoint of the government is a serious issue.
The TMC general secretary, considered number two in the party, shared the letter sent to him by the central agency on X, formerly Twitter.
Parents of both the murdered youths, viral pictures of whose bodies caused widespread protests in Imphal valley for two days, on Thursday pleaded with authorities to locate the remains of their children so that the last rights of the boy and the girl can be conducted 'with the dignity they deserve'.
US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.
Our caste warriors will not even ask these questions, let alone explore better solutions to address the problems of inequality and skewed life outcomes, argues R Jagannathan.
The Delhi high court on Wednesday sought to know from news channel Aaj Tak why it wanted to telecast the recording of narco analysis conducted on Aaftab Amin Poonawala, the man accused of strangling his live-in partner Shraddha Walkar and dismembering her body.
'Yeah! Look, obviously, I was a little surprised when I heard it first. But we don't organise the competition, so we can't do a whole lot about it, right?'
'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'
Try to assess whether the broker has good knowledge of the prices prevailing in the area you are interested in, and is able to provide the pros and cons of various projects.
As India seems to be picking 'Bharat' at least in official communication, here are some interesting name changes.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
With changes to Delhi's architectural map, a re-naming rash, and more Hindu symbolism in secular spaces, the government is making it clear it wants a clean break with post-colonial India, asserts T N Ninan.
The "opaque" electoral bonds scheme for funding political parties will "destroy democracy" as it promotes corruption and does not allow a level playing field between the ruling and opposition parties, the petitioners challenging the validity of the scheme told the Supreme Court, which on Tuesday observed election funding was a "complicated issue".
Real Madrid's Jude Bellingham again proved the match-winner as he struck in added time to snatch a 2-1 victory over Getafe as the Spanish giants made their home debut in La Liga this season.
'When you do some job for a few hours, you are hardly earning enough to survive.'
In the video, Nath was talking to Raghuvanshi's supporters when he made the remarks about former CM Digvijaya Singh and his son.
The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.
David Warner's switch hit did not pay off.
Consensus remained elusive on a common BRICS currency as business leaders from the five-bloc nations debated the pivotal issue at a business forum on the periphery of a summit of the five-member bloc being hosted here by South Africa. In their two addresses at the Summit so far, the leaders of Brazil, Russia, India, China and South Africa have made no or scant references to the issue either. "The BRICS Business Forum discussed the international payments system in detail. "Participants also debated the question of whether a BRICS currency is possible or desirable, with strong views expressed both for and against and little consensus reached," Sim Tshabalala, chief executive of Standard Bank Group, told several hundred captains of industry from the partner countries and over 40 other nations across the globe at the Summit.
The newly married couple left the village in a bid to protect their lives, while the groom's parents were allegedly prevented from fetching drinking water from a public water tank and bathing in the pond by villagers, the family members claimed.
MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.
Why it is important for investors to select the right product according to their specific investment needs, risk appetite and investment tenure.
'This segment has performed very well for us and this is reflected in our bounce rate which is about three to four per cent.'
Ahead of the G20 summit, Delhi Lieutenant Governor V K Saxena on Thursday went on a final round of inspection of Rajghat, Pragati Maidan and other places to take stock of preparations for the mega event.
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