Tag Archives: than

Why creating a ‘bad bank’ is a better idea than simply throwing money at PSBs

The financial year 2017-18 was among the bleakest for public sector banks (PSBs) as they together reported a record loss of Rs 85,370 crore. The banks had to make higher provisions for bad asset recognition as the Reserve Bank of India’s latest guidelines meant they could no longer restructure loans the way they had been doing in the past. Much ... Read More »

More than 100 stocks above Rs10K crore market cap trading above 200-DMA; time to buy?

The Nifty50 flirted with its long-term moving average which is also known as 200-day moving average (DMA) in the past week but there are as many as 126 stocks in the large and midcap space with a market capitalisation of more than Rs 10,000 crore which are trading just above this crucial level as on 5th April. When the Nifty ... Read More »

Why do Indian online shoppers trust Flipkart more than Amazon? This survey has the answers

At least on one front, homegrown Flipkart appears to be inching ahead in its fierce battle against American e-commerce major Amazon. Indian shoppers trust Flipkart as a brand more than Amazon, according to a recent survey by e-commerce advisory firm Redseer Management Consulting, which polled 7,500 respondents across 30 cities between July and September 2017. The survey rates the companies ... Read More »

China’s Tencent becomes more valuable company than Facebook

China’s social media and video game giant Tencent became more valuable company than Facebook on Tuesday. Tencent’s Hong Kong-listed shares have doubled in value this year, and on Monday it became the first Asian company with a market capitalisation of half a trillion dollars. By the end of the trading day on Tuesday, Tencent’s outstanding shares were worth a combined ... Read More »

WHO’S MORE CONFIDENT THAN EVER IN BUSINESS? WOMEN

When Courtney Folk applied to work at her in-laws’ company, Textile Restorations, she almost didn’t get hired. Even after joining the team, most of her ideas were brushed aside, deemed too outlandish. But Folk had a vision. Fifteen years later, she’s the president of the revamped Atlanta-based fabric restoration business with over 200 employees. So what changed? For one, she ... Read More »

Obesity costs SA economy more than R700bn per year – study

Johannesburg – The economic impact of obesity in South Africa is more than R700bn per year, a study revealed. According to the Discovery Vitality OBEcity index for 2017, which presents insights on weight status and food purchasing behavior of Vitality members across six South African cities, the impact of obesity is not only limited to the health of individuals but the ... Read More »

Focus on cleaning bank books, rather than mergers: Raghuram Rajan

In an interview, former RBI Governor Raghuram Rajan elaborates on his stint and nuances of monetary policy Former RBI governor, Raghuram Rajan’s latest book, I Do What I Do: On Reform, Rhetoric and Resolve, was launched on Tuesday. Ahead of the launch he spoke to BusinessLine on a wide range of subjects from tackling the NPA mess and independence of the RBI to ... Read More »

Residents of This State Want to Work from Home More than Anyone Else in the US

A not-so-surprising trend is gathering steam across the U.S. The trend, which is indicative of what is happening in other markets around the world, is that more and more workers want to work from home. To better understanding how this trend is taking shape in the U.S, a New York-startup called AND CO set out to identify the states that have the most ... Read More »

Small Business Job Growth is .70 Percent Slower Than Last Year

The latest Paychex | IHS Markit Small Business Employment Watch  reports the pace of small business job growth has slowed for the fifth consecutive month. It’s .70 percent slower than July of last year. That puts the numbers under a nationally established baseline for growth for the first time in six years. However, wages seem to be increasing at a decent rate across the country. ... Read More »

Don’t underestimate the power of the UK economy – it’s more resilient than you think

The outcome for the UK economy seems more positive than first thought Reuters Janet Yellen was in London this week, talking with Lord Stern at the British Academy. My main thought watching her was how lucky the Americans were to have her as chair of the Federal Reserve Board: calm, sensible, measured and wise. But of course the rest of ... Read More »