Football-frenzied fans in India were slow on catching up with the excitement as the FIFA World Cup 2010 kicked off in Johannesburg on Friday. But when they did get into the act, TV-viewership rates shot up from previous highs.
'I think RBI has been phenomenally responsive to ensure there is ample liquidity in the system.'
The deterioration in the market mood has directly impacted fund-raising plans of real estate developers, many of whom have either delayed their initial public offers or have decided to go slow.
Cinepolis, a Mexico-based multiplex operator, is looking at expanding its footprint in India.
After stories and music, it is now websites that are said to be the target of copycats in and around the Hindi film industry.
Nagendar Parakh, the senior-most chief general manager of Sebi, filed a petition in the Mumbai High Court on May 3 challenging Sebi's decision of denying him a promotion as an executive director even while junior officers were being elevated.
But big brokerages see no problem with Sebi panel's recommendations.
Real estate companies appear to be the worst hit by the ongoing global uncertainties, coupled with the new norms for primary market issuances.
The European economic crisis could be an opportunity for Indian corporate houses. Leading investment bankers say assets, globally, are available at attractive valuations and the rise in domestic stock prices has added more strength to balance sheets of Indian companies.
The Securities and Exchange Board of India plans to tighten the rules for transfer of sub-accounts by foreign institutional investors.
With the Supreme Court likely to announce its judgement on the gas price tussle between Ambani brothers next week, the share price of Reliance Industries Ltd has taken a sharp knock while Reliance Natural Resources Ltd witnessed a spike.
Sunil Sanghai, the head of the investment banking team speaks on Goldman Sachs' India plans, mergers and acquisitions, and the regulatory arena.
Institutional desks of many brokerages in India are in the process of selling about Rs 2,000 crore worth of equity holding of bankrupt US investment bank Lehman Brothers Inc in some Indian companies.
BAG Films and Media Ltd is planning to launch India's first sports news channel. The channel will have content in both Hindi and English languages and will air shows focused only on sports.
There are presently around 20 million DTH subscribers in the country and Sun has managed to capture more than 25 per cent of the pie with a customer base of 5.3 million.
The Securities and Exchange Board of India has started the process of identifying new executive directors.
Encouraged by the the high viewership for the ongoing Indian Premier League cricket matches, official broadcaster Sony Set Max is expecting to sell its remaining inventory of 10-second advertisement spots for the semi-final and final matches for over Rs 10 lakh (Rs 1 million).
Media planners and executives of TV rating agencies say general entertainment channels have started feeling the heat, as the Indian Premier League is receiving not only an avalanche of advertisements but also taking away their viewers.
Soros has bid for the BSE stake, held by the embattled Dubai Financial Group LLC, through Soros Fund Management LLC, and Kaiser has done so through private equity fund, Argonaut.
According to sources, Videocon, Jaypee Associates, Sahara, Adani Group and a conglomerate in the construction business from Pune will be placing bids. The IPL will be accepting the bids for the two new teams on March 21 at 10 am. The bids will be opened and the winner will be declared at 11 am on the same day.
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