That interest rates at the long end could rise in the second half of the year is disconcerting.
If the real estate majors don't get real, they could soon be in line for another bailout next year, or even earlier.
Channel also acquires rights to Slumdog Millionnaire.
The top line is in trouble, but lower prices of inputs have helped companies salvage profitability. That's not helping their bottom lines though - net profits have slipped sharply.
The TDSAT scrapping the Trai's judgement on channel pricing is a major victory for broadcasters, but could also see consumer prices moving up.
The dispute involves a UK-based hedge fund, Altima Partners, and the company's principal promoter Raghav Bahl, founder and largest shareholder of Network18, the broadcasting group which runs TV channels such as CNBC-TV18, Colors and Awaaz.
Even as retail consultants continue to roll out the slide about the bright prospects for modern trade, on the ground, sales are sliding
Not all companies are generous with numbers these days - they're willing to share details of their core operations, but many of them are reluctant to let shareholders get even a glimpse of newer ventures
FMCG moves fast, while real estate yields ground and metals lose their lustre. The star of 2008 so far has been Hindustan Unilever; the multinational FMCG player has actually gained 20.45 per cent between January 1, 2008 and December 24, 2008.
Pradip Shah, managing director, IndOcean, feels that although gold has done reasonably well, it doesn't really create too much value in the long run.
The Citi deal should help Wipro beef up its presence in the banking and financial services (BFSI) space. The target company does work in the technology infrastructure services space as also application development and maintenance and the Rs 19,957 crore (Rs 199.57 billion) Wipro should be able to leverage these services with other clients. The assured revenues of $500 million will come in handy at a difficult time.
In an economic downturn such as this, when the markets have crashed, there are many more Satyams which are vulnerable to hostile takeovers because the promoters do not have a controlling stake. Such promoters will be tempted to take cash out of their companies and park it elsewhere.
By entering into related-party deals without shareholder approval, the firm has done irreparable damage to India Inc's reputation. Minority shareholders of Satyam Computer have every reason to feel short-changed. Without so much as by your leave, the management has decided to enter into related party transactions using the company balance sheet.
The move has surprised the print media industry which is reeling under recession with most newspaper publishers having put their expansion plans on hold.
Over the last weekend, the central bank has tried to address the biggest near-term concern for property companies --bankruptcy -- says a CLSA report. The one-time move, which will allow banks not to classify commercial real estate loans as non-performing loans, will reduce the near-term risks for some property firms.
But industry needs to take up the issue at the highest level, business groups need to set aside their differences and work together, inconceivable as the idea may seem. It would be a pity if the corporate sector were to keep quiet this time.
D B Corp, the owner of the Hindi daily Dainik Bhaskar, is in advanced discussions with broadcaster INX Media to acquire a stake in the company that operates the entertainment channels as well as a majority stake in its English language news channel NewsX. Both companies are promoted by Indrani and Peter Mukerjea, the former Star India CEO.
Sakaal Times is in the news for the wrong reasons. The paper has shut down its Delhi office leaving a little over 60 people jobless.
Fem Care is a good addition to the portfolio because Dabur didn't have a presence in the skin care space. What Fem Care brings to the table is a strong product portfolio -- comprising bleaches, hair removing creams and liquid soaps -- which is complementary to Dabur's Gulabari skin-care range.
Rupert Murdoch's international financial daily The Wall Street Journal, published by Dow Jones & Company, is all set to launch its facsimile edition in India next month. The newspaper, to be launched in Mumbai, is likely to be priced at Rs 30 a copy.