New winds are blowing in the Ministry of Communications and Information Technology offices at Sanchar Bhavan.
The deadline for compliance expired in December, 2005. Though new accounts are KYC-compliant, getting the old ones up to date is expected to take two or three years.
As attrition rates reach unprecedented levels in the retail sector, companies are fighting back with a mix of measures including salary hikes, incentive-based targets, connecting emotionally with staff and even selling them the "American Dream".
In a major bonanza, Bharat Sanchar Nigam Ltd is planning to offer its 36 million customers an accident insurance scheme free of cost.
Agarwal built Vishal Retail from scratch into a chain of highly lucrative hypermarkets and discount superstores.
Finance ministry officials are of the view that current restrictions that prohibit FDI in multi-brand retail cannot be extended to franchise agreements between an Indian company and an overseas partner.
As real estate investment trusts are yet to take shape in India, about a half a dozen realty firms have started the spadework for listing REIT-like vehicles on the Singapore Stock Exchange.
With global investors buying into the India growth story, the size of private equity deals in the country has doubled in the last two years.
FIPB rejected the proposal on the grounds that it did not comply with the 26 per cent cap on foreign direct investment in insurance ventures, government sources said.
A ministerial group is mulling a proposal to increase the troubled Dabhol power plant's capacity to 5,000 Mw from the present 2,184 Mw to ensure its long-term viability.
According to BS research, this makes K P Singh the fourth richest Indian by today's market capitalisation, after Mukesh Ambani, Anil Ambani and Sunil Mittal. He overtakes Wipro's Azim Premji, who ranks immediately after him.
Social sectors like health and education will get a leg up in the Eleventh Plan (2007-12), even as some other sectors may see a reduction in fund allocation.
The success of the DLF initial public offer might give more confidence to realty companies.
Confirming the SOX compliance exercise, a senior Bharti group executive, however, denied that the company was considering a foreign listing.
After Anil Ambani's proposed special economic zone and land allotments in Noida, all big-ticket real estate projects are being reviewed by the Mayawati government in Uttar Pradesh.
Public and private sector GSM operators in the country have demanded an additional 13.2 MHz of spectrum
Realty Bill seeks its forfeiture in case of project delay.
The onus to provide proof that the new project would not jeopardise the interests of the existing joint venture lies equally with the foreign investor and the Indian partner.
Bail-out package for loss-making industry awaits Cabinet clearance.
Dashing the hopes of Jasdev Singh Akoi, one of the two heirs of the iconic Imperial Hotel, the Delhi high court has prevented him from taking over the management of the landmark hotel along with his sister Alape Kaur.
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