The money, together with disinvestment proceeds, is crucial for Mukherjee to meet his fiscal deficit target of 5.5 per cent for 2010-11 from 6.7 per cent in 2009-10.
After the hype and hoopla it's the film's serious nature and subject matter which is putting people off.
By setting a single spectrum-release deadline for all bidders, the finance ministry aims to ensure a level playing field for all operators.
India's share will only get bigger once SpiceJet enters the fray from June to fly south east Asia and south Asian countries.
The youthful former owner of Fame has unwittingly set off a takeover battle over his successful multiplex business.
Manufacturers that mainly sell diesel cars like Mahindra & Mahindra, Tata Motors, Toyota, Mercedes, BMW and Volkswagen anticipate a significant fall in sales if the government accepts the Parikh committee's recommendation of a flat tax of Rs 80,000 on diesel cars, because of a widening cost differential with petrol variants.
Manufacturers that mainly sell diesel cars like Mahindra & Mahindra, Tata Motors, Toyota, Mercedes, BMW and Volkswagen anticipate a significant fall in sales if the government accepts the Parikh committee's recommendation of a flat tax of Rs 80,000 on diesel cars, because of a widening cost differential with petrol variants.
The first Indian civil aviation minister to fly for a commercial airline -- Rajiv Gandhi has been the only prime minister to do so -- Rudy started his job with IndiGo from January 4.
Former Civil Aviation Minister and Bharatiya Janata Party (BJP) national spokesman Rajiv Pratap Rudy has been hired as a co-pilot with Delhi-based private airline IndiGo Airlines on an honorary basis.
The show has got a rating of 5.1, much more than the first episode of Bigg Boss (also on Colors a couple of months earlier) that the senior Bachchan hosted. In the process, Abhishek has outperformed the other celebrities as well -- Shah Rukh Khan, Akshay Kumar, Salman Khan, et al (see table below). The ratings have been given by TV rating agency TAM Media Research.
Finance Minister Pranab Mukherjee has asked Communications Minister Andimuthu Raja to complete the auction of the third generation (3G) spectrum within the agreed deadline (February 15), so that the revenue from it can be reflected in the Union Budget for 2009-10. Mukherjee had earmarked Rs 30,000 crore as revenue from 3G auction, which has already been delayed by a year, in the Budget.
ITC's investment arm Russell Credit has raised its stake in Hotel Leelaventure to 7.37 per cent --an increase of 2.26 percentage points. The promoters of Mumbai-based Leela group, meanwhile, said they were not interested in tying the knot with ITC as a strategic partner in the growing hotels business.
The Aamir Khan-starrer raked in Rs 12.5 crore on Friday and experts estimate the movie to net Rs 40 crore over the first weekend from the box office, with gross collections of Rs 65 crore.
The fight is between Vidhu Vinod Chopra, the producer of 3 Idiots, and multiplexes.
Vodafone Group Plc Chief Executive Vittorio Colao today said the company could list its Indian arm and was open to acquisitions when opportunities are available in the country. The head of the world's largest mobile company in terms of revenues suggested changes in the regulatory regime for mergers and acquisitions.
US hedge fund makes 40% profit; KP Singh family to go for DLF Assets IPO in the first quarter of 2010.
To launch in BIG Cinemas in India, abroad. Brother Mukesh Ambani might be the king of retail, but Anil Ambani's ADAG is getting ready to make its presence felt in branded food products
Your holiday in Dubai just got a little cheaper. Thanks to Dubai World's crash, travel portals and agencies like MakeMyTrip, Yatra, Cleartrip and SOTC are offering packages at prices almost 40 percent lower than a week or two ago.
Turner International is close to acquiring a controlling stake in entertainment company NDTV Imagine, which runs three entertainment channels.
Anil Ambani's radio business, Reliance Media World, which operates radio station BIG FM 92.7, will list on the Bombay Stock Exchange and the National Stock Exchange on Thursday. This makes BIG FM 92.7 the second radio station to be listed on the stock exchanges.
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