Rajan Mehta, 48, is famous in the financial sector for bringing in exchange traded funds (ETFs) in India. He was a part of the founding team at Benchmark when it introduced ETFs at a time when very few people had even heard of it. Now, as the company has been taken over by Goldman Sachs, he has decided to pursue other interests.

BS People: Rajan Mehta

Business Standard

Two in every three complaints was turned down as the customer was ignorant about rules.

How to use bank ombudsman 

The rupee weakened for the seventh day, the longest losing streak since March 2009, on speculation that local refiners stepped up dollar purchases to settle pending Iranian oil bills.

Rupee declines for seventh day

The rupee dropped to its lowest in more than four and a half months, as concern that Europe&rsquo;s debt crisis was spreading damped demand for emerging-market assets. The currency fell for an eighth day, its longest losing streak since October 2008, as exchange data showed foreign investors cut holdings of the nation&rsquo;s stocks by $1.24 billion this month. The cost of insuring France&rsquo;s government debt from default rose to a record yesterday.

Rupee dips on Europe worries

The activity in the Department of Financial Services (DFS) under the Ministry of Finance has gained momentum in the last few weeks. Officials have been putting in more number of hours in the office partly because Parliament is in session and partly because of their new boss. Dinesh Kumar Mittal, a 1977 batch Indian Administrative Services officer from Uttar Pradesh cadre, took charge as DFS Secretary earlier this month, after a short stint in the Ministry of Corporate Affairs.

BS People: Dinesh Kumar Mittal

The rupee fell on speculation that a drop in the benchmark stock index would spur overseas investors to pare holdings of the nation&rsquo;s assets.

Rupee dips on overseas fund sales concerns

The rupee weakened for a second day, approaching a five-month low, on speculation investors will refrain from buying the nation&rsquo;s assets after inflation held above nine per cent for the eighth month.

Rupee dips on inflation woes

MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch.

MFIs: Still in the doldrums

Financial services enterprises in India register losses of Rs 6.9 crore on an average due to security breaches every year. Indian banks, part of the overall financial services segment, saw their losses nearly double to Rs 12.6 crore, according to a new Symantec survey.

Hackers cost finance companies Rs 7 cr a year

The rupee fell to a five-month low on speculation that international investors would increase sales of local assets on signs the region&rsquo;s economies are weakening.

Rupee dips to 5-month low

The rupee strengthened the most in three weeks on speculation that a rebound in the benchmark stock index would encourage overseas funds to buy local equities.

Rupee gains the most in 3 weeks

Early this month, KKR hired Dhiren Mehta, a Citi Group veteran as director of its India franchise. Mehta joined KKR from Nomura where he served as Executive Director, Head of Fixed Income Institutional Sales for India. In his new role, Mehta will work with BV Krishnan, director and head of KKR's Non-Banking Financial Company (NBFC).

BS People: Dhiren Mehta

P Nandakumaran has recently been appointed Managing Director of State Bank of Travancore (SBT) early this week.

BS People: P Nandakumaran

The rupee declined, snapping a two-day advance, on speculation that global funds are reducing holdings of the nation&rsquo;s shares, as Asia&rsquo;s third-biggest economy slows.

Rupee dips, snaps 2-day advance

The rupee fell to the weakest level in almost a year, as exchange data showed foreign investors increased sales of local stocks before data that may show growth in Asia&rsquo;s third-biggest economy slowed.

Rupee falls to one-year low

America may just do the right thing when all options are exhausted.

The last straw

While Sensex fell 14.4% since July 26, dollar investors lost 18.07%.

Falling rupee begins to hurt dollar investors

Avoid shares as collateral, as you may need to pay for the decline in stock price in volatile market.

Fixed income safer for higher loan

First round of valuation derating seems to be largely over, but the critical question is whether another round would happen.

Bank at your own risk

The rupee gained the most in almost a month on speculation that global funds would buy emerging- market assets after the Federal Reserve said it has the tools to support growth in the US economy. The rupee rose 0.2 per cent to 46.05 per dollar at the close in Mumbai.

Rupee gains most in a month

The rupee completed its worst month since May 2010, as slowing economic growth spurred sales of the nation&rsquo;s assets by foreign investors.

Rupee sees worst month in more than a year

Financial Analysis: Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

Finance News Analysis, Financial Analysis and Research | Business Standard

Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

Page 367 - Finance News Analysis