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An FMP by definition has to pay its investors on a pre-determined date, and a fund house that is unable to meet its commitment can easily trigger shrill warning bells.

FMPs may no longer be seen as FD alternative

HDFC and Kotak, two storied asset management companies, have recently rolled over a number of FMPs.

7 May 2019 5:33 AM IST

The ongoing general elections seem to have taken its toll on the countrys solar sector.

Polls bring solar bids to a halt

In an earlier study, Mercom had reported that the solar industry seemed to be progressing at a sluggish pace in the...

7 May 2019 5:15 AM IST

If Jhobalias optimism is anything to go by, the sector is witnessing a buyer-friendly market and that could bring back fence-sitters waiting for the perfect opportunity to invest in their dream home.

Realtors expect boost from Akshaya Tritiya

More or less similar sentiments were echoed by Ritwik Das, MD, Bluechip Projects.

6 May 2019 6:45 AM IST

Indias sugar output in the last marketing year (October-September 2018) was also a record of the sort at 32.5 million tonne.

Sugar faces supply pressure

The Centre has recently increased the monthly sugar sales quota by 17 per cent month-on-month to 2.1 million tonne in...

6 May 2019 3:27 AM IST

Office spacesparticularly in CBD and SBD areashave gained significant momentum over the last four years.

PE investors shy away from residential property

In short, PE investors have been steadily drifting away from the residential sector and are increasingly focused on the...

4 May 2019 2:04 AM IST

In the decorative paints segment, the company will offer a complete range of water-based paints for interior and exterior walls, wood and metal.

JSW enters paints with any colour at one price' strategy

Launching the JSW Paints brand is part of the group's overall strategy to diversify into consumer-facing businesses.

3 May 2019 1:47 AM IST

Even as female drivers and women-only fleet taxi services are on the rise in the city, passengers booking cabs at the airport have been refusing to be driven by female cabbies.

My Obey Cabs plans rollout across 10 cities

The company has also lined up plans to foray into various district towns where other players are not there.

1 May 2019 2:37 AM IST

NCLAT has upheld the previous order of the Chandigarh bench of NCLT, which had imposed a cost of Rs 1 lakh on Liberty House citing casual approach.

Shakambhari Ispat takes over SPS Steels

SIPL had earlier been headed by Vipin Vora of SPS Group, which once claimed to have a turnover of Rs 5,000 crore.

1 May 2019 2:04 AM IST

Armed with seven smartphone manufacturing plants across four campuses, Xiaomi, at present, has a combined manufacturing capacity of up to three smartphones per second during operating hours, top company officials said.

Xiaomi bets big on offline sales

Quite significantly, the company is laying utmost thrust on localization as well.

30 April 2019 1:38 AM IST

Combined with its regional wing SilkAir, it offers a daily evening departure service from Kolkata to Singapore.

Singapore Airlines to introduce Airbus 350-900

The new aircraft will initially operate a daily service from June 3 to June 8, 2019.

30 April 2019 1:36 AM IST

Given the scale of Basmati rice exports to Iran, a disruption in sales to this market can have a severe adverse impact on the Basmati rice industry.

Basmati feels heat of Iran oil curbs

Iran has remained a major export destination for Indian Basmati rice and the industry's concentration on Iran has only...

29 April 2019 2:35 AM IST

Citizens could call the helpline to register complaints against multiplexes and malls that were overcharging for packaged food items.

Retail mall space to expand by 2021

The report titled 'Malls of India' is the 9th edition and was released on Wednesday.

26 April 2019 6:37 AM IST