IFRS tries to achieve harmonisation between the accounting and the key economic drivers that are represented in the business models employed by financial institutions.
Now that the base rate has replaced the benchmark prime lending rate, the new system will not only help usher in more transparency in the lending process but will also improve the money market scenario
A strong likelihood is that the markets would focus their attention on India Inc’s earnings' growth, which would provide a base for the next upward movement
What does an FMCG company, a mid-size bank and a bearing company have in common? Surely these are three completely different companies from three completely different fields. Yet there is one thing that connects them - a mete-oric rise that these counters have witnessed in the last one year.
Mphasis plans to focus on direct business as well as on verticlas such as banking, capital markets, healthcare, telecom and insurance, for powering its future growth. Excerpts from interview with Mphasis CEO Ganesh Ayyar
With its strong presence in both the invasive and non-invasive segments, Opto Circuits India is now planning to expand its reach through a ramping up of its production facilities as also through footprints in other countries. Excerpts from an exclusive interview
Application supported by blocked amount (ASBA) is a process that allows an investor to block the amount in the bank account for the IPO application while applying for the IPOs, earning interest on the same. SEBI’s initiative in this regard is going to shorten the listing process to just 7 days’ time.
As India moves towards adopting IFRS, the new language of financial reporting, what we need to keep in mind is also the ‘why’ and not just the ‘how’ of this system
That the India growth story has moved into a new chapter is quite evident from the current economic scenario and investors should look forward to higher yields from wisely chosen stocks
BSE's new management team is taking path-breaking initiatives and launching innovative products to drive its growth, but will these initiatives bear fruit and take the bourse to the next level?