Intercontinental Exchange, which trades in energy derivatives, is in talks to buy ICICI Bank's holding in the National Commodities and Derivative Exchange.
The first stage of the 27 percent OBC quota is set to be implemented from academic year 2007-08.
The hospitality groups are also looking at a different and 'genuine category' of well-heeled religious tourists.
Tourism boards have turned innovative in radio advertising when it comes to promoting their destinations among Indian travellers.
Meanwhile, the stamp duty burden on purchase of residential and commercial property throughout Mumbai is all set to increase by 5 to 25 per cent.
The year 2007 will bring in seven developments that can change the domestic capital market. The capital market is all set to look very different from what it is today.
The Securities & Exchange Board of India is considering introducing plea bargain in about a month to trim the large backlog of cases in which it is involved.
The university is expected to match the standards of institutions like Harvard, Stanford, and Oxford.
Deans from two international law schools -- Northwestern University School of Law, Chicago and Deakin School of Business and Law, Australia -- recently visited India.
Having dominated the summer placement scene at IIMs, companies like McKinsey, Boston Consultancy Group and UBS showed up for the first time for placements at IIT Bombay.
Rajnikan Patel, CEO and managing director of the exchange, tells Business Standard in an interview that BSE remains in talks with global exchanges to offload equity.
You may have to pay for using the Bombay Stock Exchange's benchmark Sensex or other indices for launching any product or scheme based on it, as Asia's oldest stock exchange is increasingly becoming protective about its brands.
MoU for three-star hotels on the cards.
Analysts say hotel room rates in India are among the highest in the Asia Pacific, rising by 20 per cent annually.
Open interest, the carry-forward position of stock market participants, increased by Rs 18,000 crore (Rs 180 billion) -- nearly 50 per cent -- in the first six days of the December contract, whose trading began on the first day of this month.
India is set to add 10,000 budget hotel rooms in the next two years in response to the burgeoning demand for low-cost accommodation across the country.
As many as 40 international universities have sought land from the Maharashtra government in the Mumbai-Pune-Nashik belt for the purpose.
Sarovar Hotels, a multi-brand hotel management company in India, is foraying into the West Asia, for which it has signed deals for three-star and four-star hotels in Dubai and Muscat.
State-owned banks simply cannot match the compensation packages paid by their newer private sector counterparts.
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