It's going to be another predictable quarter for banks. Slower credit growth, high interest rates and deteriorating asset quality will continue to haunt the sector, especially public sector banks.
First, TCS is on track to grow faster than the industry's estimated 11-14 per cent growth (in constant currency). The second quarter has seen no major shift in demand or project cancellations, which were big concerns.
Any rise in charges has to be approved by the Airports Economic Regulatory Authority, which is examining MIAL's proposal.
Bengal minister says Mamata's pullout from UPA will not hit capital flow.
Mandatory pvt participation, annual tariff hikes, conforming to FRBM limits seen difficult.
Congress party circles are talking about a major Cabinet reshuffle on September 18. Rural Development Minister Jairam Ramesh, Public Health Minister Gulam Nabi Azad and Social Justice Minister Mukul Wasnik are said to be tipped for party organisational work, while party spokesman Janardan Dwivedi and his junior Manish Tiwari are likely to be included in the Union Cabinet.
A businessman-journalist and Rajya Sabha member from the ruling Congress party, Vijay Darda has recently shot into national limelight, but, for all the wrong reasons -- he has become embroiled in the coal-gate scam that has currently swept the nation.
A committee headed by Indian Institute of Technology Bombay professor K V K Rao would probe the incident and suggest safety measures to avoid such instances in the future.
The total project cost has been pegged at Rs 14,500 crore.
This loan growth has been largely driven by the top 10 corporate groups.
There are some companies in the sector that have seen a decline in revenues but their performance is not sufficient to cause such a decline in industrial production data.
BMC officials will hold a meeting through video conferencing with representatives of India Meteorological Department, and the Indian Institute of Tropical Meteorology and Mekorot officials on Thursday to draw an action plan in this regard. The move comes at a time when Mumbaikars are suffering from water cuts due to deficient rainfall.
The earnings season this financial year is expected to start on an exciting note, as two information technology (IT) behemoths Infosys and Tata Consultancy Services (TCS) report their first quarter numbers on the same day. By now, TCS is expected to report a better set of numbers than Infosys.
In an interesting meeting scheduled for July 13, Pranab Mukherjee, the ruling United Progressive Alliance coalition's nominee for the Presidential election, would be calling on Shiv Sena chief Bal Thackeray, to thank him.
CM Prithviraj Chavan indicates issue to be discussed once again by Cabinet
The state government, through its various undertakings, has launched infrastructure development projects worth Rs 1.03 lakh crore (Rs 1.03 trillion) in Mumbai and surrounding areas.
Sushil Kumar Modi tells Business Standard the spirit of collective federalism needs to be heeded by all sides if the key reform is to become a reality.
The new rules are expected to reduce power cost.
BJP National Secretary Kirit Somaiya alleged the current rupee dollar fluctuation was a major scam and it needed to be investigated by an expert group on a par with special investigation team.
The Maharashtra Food and Drugs Administration has initiated action against manufacturers of medicines and instruments, newspapers, TV channels and cable operators making outrageous claims through advertisements.
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