Foreign institutional investors (FIIs) have returned with a bang. Over the last seven trading sessions, they have pumped in close to $2 billion into Indian equities. Most market players expect this to continue as they see macro headwinds easing.
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.
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.
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.
The first issue is inflation, which has been widely discussed. The government is now rightly working on reversing fiscal and monetary stimulus to manage the inflation pressure.
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.
"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.
This makes stock-picking by retail investors difficult, but market experts say they need to understand that institutional players do not have a cookie-cutter approach to investing.
New variants and innovative product categories on the anvil to beat margin pressure.
I believe the central bank has been very pro-active about introducing dynamic authentication systems like the two-factor authentication for online transactions. I believe this has really given a boost to e-commerce in India.
Markets may have initially cheered the FM's static borrowing numbers, but the picture may not be as rosy.
While investors might be jittery, experts say proposals from companies looking to raise funds through PEs have not decreased.
India's leading private airport developers, GMR and GVK groups, are planning to bid for the modernisation of Ngurah Rai International Airport in Bali, Indonesia. Both are currently undertaking feasibility studies and preparing to participate in the tender process, sources said.
"The advent of 3G will give the same experience of gaming that one gets in a personal computer or a laptop. We expect to see an increase in games downloaded by at least by 100 per cent and as many as 60 3G-enabled games will be launched in the next few months," said Nitish Mittersain, CEO, Nazara Technologies.
Talks will begin later on the share purchase agreement, which will be done much later, after the negotiations are completed.
Telcos say tariffs could be cut by up to 20 per cent. While post-paid customers constitute only 5 per cent of the total customer base of 670 million, they make up over 15 per cent of revenues thanks to their relatively higher average revenue per user (Arpu).
The much-hyped target set by Union road transport and highways Minister Kamal Nath, to build 20 kilometres of roads every day, might be revised to a more achievable target, informed sources say. Sources close to the development say there is talk within the ministry of a more feasible target. "The target of 20 kilometres per day is not sacrosanct. That is what the minister wanted to achieve.
The plan of action ranges from drawdown of loans to seeking additional guarantees, to even recalling some of the loans, if the situation so warrants.
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