
By proposing the use of perpetual non-cumulative preference shares to cut promoter holding, Kotak, the promoter, is guilty of not complying with the spirit of the law. So too, Kotak Mahindra Bank and its independent directors.

‘Make in India’ has been a very damp squib

A balance between efficiency, productivity and equity will be critical for sustaining economic growth.

The question is how to ensure rapid capital accumulation in a democracy

Do not judge your decisions by the outcome alone

Patanjali Ayurved's close to acquiring Ruchi Soya but its balance sheet already looks stretched. Going public to raise equity could solve this problem. Investors too would be happy at the prospect of owning its shares

It has emerged as a new tool to prevent financial vulnerabilities in the banking sector and mitigate the possible impact in case of a meltdown

It’s ‘Nation First’ versus ‘People First’.

A higher and unsustainable level of fiscal deficit will create financial stability risks and may end up destroying existing jobs.

The Congress can no longer seen to be able to ensure a balance between the Patels, who feels deprived of benefits given to Dalits and Other Backward Classes (OBCs), and the Thakores who are backward Rajputs.

The markets haven’t yet discounted the election results

The ruling party should be happy and tom-tomming Imran Khan’s compliment, but it cannot have this cake and eat it too.

It will be useful for promoters who intend to raise funds from investors without diluting control

As things stand India has a strong circumstantial case but it remains circumstantial. Actual evidence of IAF downing a Pakistani F-16 depends on whether or not the US is willing to share evidence of the shoot down. This is unlikely to happen.

As long as the public sector continues to soak up 8-9 percent of GDP as funding, bond yields will continue to remain elevated.

Fund houses are caught in a trap of their own making

The rally in iron ore prices is continuing, with international prices hitting a 5-year high. If steel prices rise in tandem,Indian steel companies will benefit

Corruption can dent revenue collection to the extent of 2.75 percent of gross domestic product in emerging market economies.

The BJP’s manifesto promises to expand the reach of PM-Kisaan to all farm households.

Lower oil prices will be a windfall for India

If the current trend persists till April 18 when the state goes to the polls, the grand old party could win nine out of the 10 seats it is contesting.

Will the long-awaited earnings recovery finally happen?

Facebook might have its heart in the right place when it says it is committed to fight the fake news menace, but, without making political parties accountable, there’s little social media platforms can do.

Sun Pharma has fulfilled its commitments by undoing two transactions that had discomfited investors. If there’s one thing it could have done better, it is making fuller disclosures

New Zealand government has broadened the goals of the central bank and added employment to the inflation targeting mandate in 2018.