The Reserve Bank, in Annual Monetary Policy Statement, has also asked banks to set up internal exposure limits for those non-banking financial companies who have gold loans portfolio of more than 50 per cent of the total financial assets.
The Massachusetts State Police said in a tweet that residents in the affected areas who have gas service from Columbia Gas 'should evacuate their homes immediately if they have not done so'.
Some players have already raised prices; others in wait-and-watch mode.
Finance Minister P Chidambaram has invited French companies to expand their activities in India, particularly in the infrastructure sector. \n
Nuclear companies from the US, Russia and France, as well as Indian power majors, have unanimously appealed to the Government of India (GoI) for various changes in the rules to facilitate foreign and private sector investment.
Carney was responding to questions on the recent news report of the Ford company of the US announcing major investment in India.
The number of pending investor grievances against listed companies at the end of March 2016 stood at 974 as against 373 a year ago.
The FMC on Thursday barred the National Spot Exchange and group firms from auctions of commodities held by the bourse after a complaint that firms related to the former managing director took part in the bidding process.
The bilateral trade between India and China stood at $65.85 billion in 2013-14.
Since 2013, the FDA has banned around 30 Indian drug manufacturing units for various violations
The downslide on bourses on wiped off over Rs 1,22,000 crore from the market wealth, including that of company promoters and public investors, as huge losses were seen in blue-chip stocks like RIL, ITC and TCS.
Recruitment from colleges should be done and local people be trained to add value to Indian companies, said Murthy.
Some Indian generic drugmakers are, however, uncertain about the pace of approvals in the near future.
The Karnataka government on Monday decided to launch a monorail project and unveiled plans for Metro-II to cover more areas in a bid to further decongest the city's roads.
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
The Centre has finalised sweeping changes to the country's foreign direct investment (FDI) policy to account for increasing concerns voiced by security agencies.
India emerging as a big global destination for contract manufacturing, unlike R&D outsourcing.
The mission has opened new doors for Maryland to create jobs, bolster trade and investment and strengthen existing business and cultural relationships
Last month, the government approved the proposal of doubling gas price from RIL's KG basin from $4.2 mmbtu to $8.4 mmbtu from April 1, 2014.
Allocation under APDRP which has been increased by a generous 160% YoY will benefit T&D companies.
Consumer durables firms on Monday hailed Finance Ministry's proposal to reduce customs duty on flat panels to five per cent from 10 per cent, saying that the move will reduce LCD TV prices and boost demand.
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
It is not without reason that Japanese consumer electronics companies such as Sony, Panasonic, Hitachi, Daikin and Sharp are investing significant sums in India.
Despite some debate on whether this is the best time to launch a new fund, Emerging Global Advisors, a New York-based research and asset management firm specialising in emerging markets, plans to launch the EG Shares Indxx India Infrastructure Index Fund within the next couple of weeks.
Indian drug companies, which have introduced copies of biotechnology drugs in the country, are bullish over the marketing prospects of 'biogenerics' after patents expire in developed markets. Experts say Indian companies may not repeat the success they achieved in selling generic medicines in biogenerics. The cost of clinical trials and the absence of substitutability will ensure that only those with deep pockets to launch such products globally will succeed, they feel.
The Reserve Bank of India has cut the repo rate (at which it lends to the banks) by 525 basis points to 4.75 per cent from the pre-credit crunch level. Yet, companies continue to borrow much of their working capital at 12.25 per cent, which is State Bank of India's prime lending rate and a sort of benchmark. Nearly three-fourths of all working capital loans like cash credit and overdraft are lent at bank's prevailing PLR.
Acting tough against fly-by-night operators, the government has filed 157 FIRs and arrested 21 promoters and directors of vanishing companies.
Policyholders would be given an option to check whether any amount is lying due with insurance firms
He said IT companies need to explore domestic market, too.
They want to take advantage of the few days remaining before the IRDA's new guidelines on Ulips come into force. What has also added to the rush is the fall in the sale of big-ticket, single-premium covers and Ulips in the current financial year as individuals are holding on to big-ticket purchases, especially where the returns are linked to the equity markets. For insurers, big-ticket policies mean a lower lapse rate and it translates into higher commission for agents.
Slowdown? If there is one, producers of colas, tea, biscuits and toiletries -- or fast moving consumer (FMCG) goods -- haven't noticed. All of them are reporting substantial growth in sales volumes in the first three months of 2009. A major reason for this surge in sales is changing income demographics -- newer buyers in small towns are opting for branded products. Also, price cuts have reduced differentials between premium and economy products, inducing consumers to
The latest directive by the two stock exchanges also comes ahead of a new Corporate Governance Code to be implemented by the capital markets watchdog for all listed companies with effect from October 1.
British Virgin Islands, Mozambique, the Netherlands, Mauritius and Singapore were the top five nations where Indian firms made investment of $9.6 billion in the last three years.
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