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Why IndusInd Bank's Rejection of an Independent Director's Reappointment Raises Concerns

Why IndusInd Bank's Rejection of an Independent Director's Reappointment Raises Concerns
thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.

India , Crawford-bayley , Rajiv-agarwal , Sanjay-asher , Hemindra-hazari , Bhavna-doshi , Sumant-kathpalia , Exchange-board-of-india , Indusind-bank , Indusind-bank-shareholders , Exchange-board , Reserve-bank

Big, bad loans hit a record high in India

This raises questions about political interference, corruption and accountability of officials.  Read more at straitstimes.com.

Bengaluru , Karnataka , India , United-kingdom , Hemindra-hazari , Jatin-mehta , Thomas-franco , Transunion-cibil , India-finance-ministry , India-bank , India-central-bureau-of-investigations , Winsome-diamonds

Why Did Kotak Mahindra Bank Ignore Internal Talent and Choose a CEO With Negligible Indian Experience?

Why Did Kotak Mahindra Bank Ignore Internal Talent and Choose a CEO With Negligible Indian Experience?
thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.

Diwanji , Rajasthan , India , United-kingdom , Ravneet-gill , Prakash-apte , Hemindra-hazari , Sandeep-bakshi , Shikha-sharma , Amit-desai , Dipak-gupta , Chanda-kochhar

Outsourcing Crunch: India's sell-side researchers should say what they mean

Around 2016 and 2017, most banking analysts in India kept missing the deterioration in lenders’ asset quality. Now it’s the turn of the outsourcing firms. By taking recourse to anodyne language such as negative net addition that misses the scale of the problem, analysts aren’t doing their core audience any favours

Mumbai , Maharashtra , India , Hemindra-hazari , George-orwell , Wipro-ltd , Infosys-ltd , Technologies-ltd , Bloomberg , Tata-consultancy-services-ltd , English-language , Monty-python

India's Sell-Side Researchers Should Say What They Mean

They missed a mountain of bad bank debt, now analysts are trying to talk their way around a crisis in the outsourcing sector. 

Mumbai , Maharashtra , India , China , Mihir-sharma , George-orwell , Hemindra-hazari , Pankaj-mishra , John-authers , Andy-mukherjee , Tata-consultancy-services-ltd , Reuters

View: India's sell-side researchers should say what they mean

As George Orwell said in Politics and the English Language, the decline of language ultimately has political and economic causes. Stockbrokers in India use empty phrases as a tribute to corporate power. So, sales and profit dont decline for large Indian outsourcing companies, they “degrow.” A workforce doesnt shrink; the addition of employees turns negative.

India , Mumbai , Maharashtra , Hemindra-hazari , George-orwell , Tata-consultancy-services-ltd , Bloomberg , Infosys-ltd , Wipro-ltd , Technologies-ltd , English-language , Monty-python

India's outsource sector is shrinking. Here's why

The top players in the sector contracted their payrolls by more than 21,000 in the three months to September.

Mumbai , Maharashtra , India , George-orwell , Andy-mukherjee , Hemindra-hazari , Tata-consultancy-services , Wipro , Infosys , Bloomberg , English-language , Monty-python

Indian Adani secures $3.5bn refinancing deal from global banks

Mumbai: Indian tycoon Gautam Adani has secured a $3.5bn refinancing package from 10 international banks, showing his industrial conglomerate retains the backing of lenders after it was the target of...

Mumbai , Maharashtra , India , Switzerland , Mauritius , Abu-dhabi , Abuz-aby , United-arab-emirates , Sanghi , Haryana , Swiss , Gautam-adani

The Toxic Work Culture in the Financial Sector Is a Reflection of Deeper Concerns

The Toxic Work Culture in the Financial Sector Is a Reflection of Deeper Concerns
thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.

India , Ravi-narayanan , Hemindra-hazari , Sashidhar-jagdishan , Axis-bank , Branch-banking-at-axisbank , Kotak-mahindra-bank , Bajaj-financial-services , Linkedin , Exchange-board-of-india , Twitter , State-bank