Canada has decided to rope in its content solution company, OpenText, to do a 'Facebook' on the negotiators.
CRR is the proportion of deposits each bank must keep in the form of cash.
Within 24 hours of the brothers Ambani deciding on a ceasefire, the stock market and Reliance pundits are out with their calculators to figure out the financial implication of ending the non-compete terms five years in advance and the loss that Anil Ambani's Reliance Natural Resources Limited would incur post the Supreme Court verdict.
Uncertainty may shroud their deemed status with the apex court yet to deliver its final verdict. However, admissions to nearly 50 per cent of deemed universities blacklisted by the Ministry of Human Resources and Development (MHRD) are on in full swing.
With the government making a distinction between the privately-run Reliance Natural Resources Ltd and the government-run NTPC Ltd in relation with the gas dispute with Reliance Industries Ltd, the ministry of power is likely to take up NTPC's case with the Empowered Group of Ministers.
Max India founder and chairman Analjit Singh is in talks with four foreign universities to set up a medical college in the country.
RNRL had sought 28 mscmd of gas for 17 years at $2.34 per million British thermal units (mBtu) from Mukesh Ambani's RIL.
To be set up under the PPP model, the 20 institutes will offer undergraduate, masters and PhD programmes.
The offers range from $2,500 to $3,500 per month.
The Eleventh Plan working group report, however, was based on projections of the directorate general of hydrocarbons (DGH).
"For 2010-11 and beyond, the Kirit Parikh report will be the benchmark. The report is being studied.These decisions are politically sensitive issues and have to be sustained over a period of time," Petroleum Secretary S Sundareshan told Business Standard. "It is impossible to insulate the Indian consumer against the movement in international oil prices."
The devil is in the detail for the real estate sector. Though the Budget gave sops to home buyers in the form of tax savings and interest rate subvention, it quietly brought back service tax on lease rentals in the Finance Bill.
There is scepticism in some quarters that the Budget for 2010-11, while spreading cheer, may be skating on thin ice. For instance, some of its assumptions will give way if the non-tax revenue projections turn out to be castles in the air.
The IIMs were just recovering from the uproar over technical glitches during the CAT. Now, at least five students have filed applications under the right to information law.
Disinvestment proceeds of the government could be higher than the estimate of Rs 25,000 crore for 2009-10. The government has already raised Rs 13,621 crore through disinvestment in four public sector companies.Dilution of stake in National Mineral Development Corporation, the fifth public sector undertaking to come out with a public offer this year, is likely to fetch the government more than the remaining Rs 11,388 crore, thereby exceeding even the revised target.
Hyderabad-based Indian School of Business says it plans to provide graduates from other B-schools guidance and financial support for interesting entrepreneurial ideas as part of its strategy of finding and grooming entrepreneurs.
'Prices can be adjusted now. The government can even temporarily cut taxes'.
Final placements at IIM-Ahmedabad start this Saturday, while IIM-Indore and IIM-Lucknow will begin the process next week. IIM-Bangalore (IIM-B) and IIM-Calcutta (IIM-C) will start their final placements from March 4.
The government may take the first step towards fiscal consolidation in Budget 2010-11 by partially rolling back tax cuts given to the industry last year. The service tax rate may be restored to 12 per cent, while excise duty could be increased marginally.
The ministry of urban development has asked the finance ministry to lower the duty in order to promote the public transportation system in the country.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances