Delay in approvals and bureaucratic stonewalling create hurdles; experts fear return of licence raj.
The court asked Idea to transfer all the licences of Spice back to DoT.
In a move to expand volumes in the third-generation (3G) technology data business, incumbent telecom operators, including Bharti Airtel, are coming up with various marketing plans to get better paying customers.
It recently began toll collection on the Hosur-Krishnagiri highway connecting Bangalore to Chennai, where the lanes have to be expanded from four to six.
RBI slams public sector banks for the strange phenomenon of profits dipping when a new chairman takes over.
India is a major driver for our global growth. And, we expect the country to play a larger role in our global operations in the future.
Insiders say some issues that demand immediate attention include improving asset quality and conservation of capital.
The company hopes to raise around Rs 300 crore (Rs 3 billion) through this route, in addition to Rs 200 crore (Rs 2 billion) it plans to raise through a rights issue.
Bankers' committee suggests banks lend to meritorious students without collateral.
Sharp increase is a major departure from those during former chairman O P Bhatt's regime.
Cricket seems to be the flavour of this season. So much so that when cricket buffs are not watching this sport on TV, they are playing it - on their mobile phones.
Microfinance companies have been facing a crisis after a crackdown by the Andhra Pradesh government last year in response to allegations they were charging high rates and using coercive recovery practices.
Bahrain has of late emerged as a regional hub for banking because of low tax rates and easy regulations. At present, 409 banks and financial institutions have operations there.
"Some of the tariffs (rates) at which agreements were signed in 2007 are unrealistic. If you compare those to PPAs signed in 2010, there is a difference of around 50p to Rs 1 (a unit). Companies are looking at the difference and a lot more are likely to try it (renege)," said a power sector analyst.
Essar will have to pay capital gains tax, as the company will be gaining from the deal.
As of December 2010, the bank's total outlets, including branches, stood at 5,017. Its ATM network stood at 2,516 units.
While investors might be jittery, experts say proposals from companies looking to raise funds through PEs have not decreased.
You can't ask a current borrower to finance your growth, says RBI memeber Yezdi H Malegam.
With mounting pressure to set aside substantial amounts each quarter to improve provision cover for bad loans, State Bank of India is using every possible way to step up recoveries from non-performing assets.
Commercial banks now prefer one-year certificate of deposit (CDs) to short-term paper (of three- to six-month duration) to raise money, as volatility in the money market in the three months through December has made them focus on stability and improving their balance sheet.
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