A state-funded university, it may pump in money into the stock market through its corpus fund of over Rs 100 crore.
The clampdown will be part of a package from the central bank to make end-use norms for external commercial borrowing (ECB) funds more stringent for various sectors.
The Bombay high court has lifted the Company Law Board's indefinite stay on all board meetings of Bajaj group holding companies.
Sources close to the development said RIL, which was planning two adjacent economic zones in the coastal district of Raigarh in Maharashtra, is looking to set up three special purpose vehicles (SPVs) to develop the various components of the project.
As the president of Assocham, Dhoot has asked Confederation of Indian Industry and Ficci to join him in requesting the prime minister to reconsider the move to ban states from acquiring land.
A programme to train the judges has been proposed where they would be attending a two-week advanced executive programme in management of cases, at the Harvard Business School.
I agree with the Tarapore report on fuller capital account convertibility except for the time frame set.
India will lose up to $50 billion to $70 billion per annum in terms of financial and commodity trade services fees in the next 12-15 years, if it fails to open up its financial sector to competition.
The automobile companies, say analysts, would take the maximum hit as the hike in the loan rates could soak up the demand for cars and commercial vehicles and pull the growth rates down.
The Indian School of Business (ISB) Hyderabad, for instance, will hike the fee from Rs 13.65 lakh (Rs 1.365 million) to Rs 14 lakh (Rs 1.4 million) for its flagship one-year management programme.
The University of Adelaide, Australia, will soon set up India's first wine institute at Narayangaon, 80 km from Pune, Maharashtra, in association with India's largest wine making company, Champagne Indage.
The move will result in Britannia and Wadia BSN, being dismantled.
Shishir Bajaj, the estranged brother of group patriarch Rahul Bajaj, and his son Kushagra have sought a 25 per cent share in the assets controlled by these trusts.
To date, when an Indian engineer wants to practice abroad, he needs to fulfill certain requirements.
Shishir, Rahul factions dissent over all-important chairmanship.
The Aditya Birla group has set aside 6.5 per cent stake in Bachhraj & Co, the company that controls 24.54 per cent of Bajaj Hindusthan, for Kushagra Bajaj's wife, Vasavadatta, sources close to the development said.
As the debris of failed joint ventures piles up, experts quote the old adage of prevention being better than cure.
Until 26 months ago, the laws governing cross-border joint ventures were loaded heavily in favour of the Indian partner.
A day after Vodafone announced its $11.1 billion acquisition of Hutchison's equity holding in Hutch-Essar, India's fourth largest mobile service provider, it received an unsolicited advice from the Egyptian CEO of Orascom, Naguib Sawiris.
While the premier IIMs Ahmedabad, Bangalore and Calcutta have yet to conclude the final placements, last year's (2006) figures reveal that the average salaries hovered below Rs 10 lakh.
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