Recently the consumer food giant Unilever Plc made an open offer to its Indian subsidiary Hindustan Unilever Ltd. (HUL) to raise its stake to 75%. The stake of 75% will be a result of undoing what government had done decades ago. Decades ago the Indira Gandhi government introduced the Foreign Exchange Regulation Act also known […]

Economic Indicators An economic indicator is a statistic about the economy. It helps in analysis of economic performance and predictions of future performance. It includes various indices, earnings reports, and economic summaries. For example: unemployment rate, CPI, industrial production, GDP, money supply etc. Types of Economic Indicators The indicators helps in assessing the future prospects for the economy and also helps the stakeholders of the […]

The Finance Minister’s take on NPAs It seems the year 2013 will be marked as the golden year in the era for the non performing assets. During the recent quarterly review meeting with the banking officials, Finance Minister P Chidambram clearly mentioned his intention that Rich promoters of sick companies will not be tolerated any […]

Buy Engineers India Limited Engineers India Limited is a stock which saw significant correction recently. In the past few trading session, the stock corrected when the news of a probable equity dilution through FPO was circulated in the market. Also news of delay in key refinery projects which would result in deferment of earnings resulted […]

Bitcoin Bitcoin also known as BTC is a kind of digital currency which was first described in 2008 by Satoshi Nakamoto. It was known as an anonymous P2P electronic payment system, which was aimed to minimize the use of Paper currency. Bitcoin is not maintained or managed by any central authority and its creation is […]

BASEL II BASEL II is a new capital adequacy framework designed by the BASEL Committee of Banking Supervision. It is mandated for all the scheduled commercial banks in India by the apex bank, Reserve Bank of India (RBI) to safeguard the banks from going bankrupt and to help them maintain adequate liquidity. BASEL Capital Accord […]