With the recent Budget announcements, the sales in the affordable segment are expected to increase.
A day after the Budget, the industry estimates the sale of affordable homes could increase up to 20 per cent this year due to an additional exemption granted to first-time buyers.
In some cases fake degrees and certificates were uncovered.
As funding from foreign private equity and venture capital firms is the lifeline for most online retailers, the restriction on foreign direct investment is threatening to block any fresh investment into the sector.
Major companies DLF and Unitech have posted an increase in their net profit after a gap of almost two years.
Policy could end land acquisition and green nod problems, and encourage foreign investors.
In 2012, drugs worth $35 billion went off-patent in the US, while the market size of drugs which will see patent expiry in 2013 will halve to $17 billion.
While the thrust will be on pan-India residential projects, office and retail launches, too, will add up to make for the realtor's project mix of 12 to 16 million sq ft during the coming year.
Past two years have witnessed a churn, mainly in the area of mergers and acquisitions.
The plan is to issue CLs for Trastuzumab (or Herceptin, used for treating breast cancer), Ixabepilone (used for chemotherapy in breast cancer treatment) and Dasatinib (or Sprycel, for leukaemia).
Sets up new financial services arm, Amit Goenka joins as CEO.
Golden Eagle was first launched 12 years ago, but the Ghaziabad-headquartered company stopped marketing the product a few years ago, to focus totally on its alcoholic division.
Bharti Infratel plans to raise Rs 4,500 cr through its IPO.
We believe a global PE firm with a dedicated clean resources fund can bring new ideas, as well as technologies, to Indian firms, say Sunil Ghorawat.
According to sources, Piramal has plans to sell part of Gulita, his sea-facing property in Worli, Mumbai, for Rs 450-500 crore (Rs 4.5-5 billion).
Air India Express currently operates 145 daily flights, down from about 200 six months ago.
He says he's now confident of arresting its decline through various measures, including renewed focus on landline and mobile services, sorting out procurement problems and outsourcing unutilised space and tower management.
The move comes amid expectations that the government would allow foreign airlines to invest directly in Indian carriers.
The telecom industry, with a cumulative debt of around Rs 2,75,000 crore (Rs 2,750 billion), has been mired in various controversies, besides facing intense competition, low tariffs and falling margins.
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