Key relaxations traced in final regulations.
While the company insisted it had enough spectrum across circles, analysts said the company might soon need to acquire some spectrum to ensure uninterrupted service.
To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.
The proposed tax exemptions and benefits notwithstanding, these new investment instruments would still be 'revenue accretive' for the government in the form of additional taxes.
Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.
Pitching for a slew of reforms in the Indian capital markets, leading bourse BSE has suggested the government bring in a new transaction taxation structure and besides seeking tax pass through status for Infrastructure Investment Trusts (InvITs).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A strong start-up ecosystem can propel investment, jobs, and demand creation, and for that, substantial growth capital is required.
Expressing solidarity with Malaysia, Prime Minister Narendra Modi on Saturday wrote to his Malaysian counterpart saying the global outrage over the shooting down of aircraft MH17 was "justifiable" and India supports efforts to establish the exact circumstances of the incident.
The markets regulator, Securities and Exchange Board of India (Sebi), recently introduced fresh guidelines to determine the place of a mutual fund (MF) on its riskometer tool.
If you were to choose one of these as long term investment (at least 15 years), which one would you opt for? What should be the reasons for you to choose one of these? Here is a comparison of these schemes based on certain important factors
Foreign inflows into the equity market appear to be chasing the prospect of a supposed game-changing BJP election victory, with the party's strong performance in recent state elections boosting these hopes
Indian economic growth hit a low of five per cent in the financial year ended March 31,2013 and further slowed in the first quarter of FY14.
Markets rebounded to end marginally higher on value buying at lower levels.
Market regulator also announces measures for mutual funds sector.
The CBI, in its letter, said the matter was 'analysed' by the agency and it 'revealed violations of RBI guidelines and FEMA regulations'.
The bench in its order noted that the CBI report also dealt with its probe into the alleged violation by FIPB in the Aircel-Maxis deal.
Tax advantage, absence of huge interest rate risks and better returns makes investing in liquid mutual funds a viable option to park your spare cash.
Tax advantage, absence of huge interest rate risks and better returns makes investing in liquid mutual funds a viable option to park your spare cash.
There are inconsistencies and doubtful provisions in Companies Bill.
Instruments such as Reits, InvITs, unsponsored GDR, GIFT find few takers.
In a bid to break the stalemate on the Vodafone tax issue, the Cabinet on Tuesday approved a proposal for non-binding conciliation with the British telephone major, the outcome of which will have to be ultimately approved by Parliament.
World No 1 Rafael Nadal is confident that arch-rival Roger Federer will be able to accumulate the points needed over the next few weeks to seal his spot for the season-ending ATP finale in London.
Company says no dispute with labour union but would address any shortcoming if brought to its notice.
The rupee is expected to weaken further through June and end the month at Rs 58.50 against the dollar.
Avoid losing your money and make the most of your investments. Read on to know more.
It believes that there had been "little progress" in structural reforms.
Air Asia will hold 49 per cent and the remaining will be owned by Tata Sons and Telestra Tradeplace Pvt.
Bansal's exit came at a time when some good investment and policy decisions were expected.
Indian agencies feel that it will be easier now to bust the arms and drugs corridor that passes through Thailand, as this is the money that is used to fund terror against India, reports Vicky Nanjappa.
Geithner and Bernanke are scheduled to visit Mumbai tomorrow.
The other recent reforms initiative of the government include the decision to raise FDI cap in insurance from 26 to 49 per cent and allowing foreign investment in pension.
These decisions were unavoidable because India was at real risk of 'downgrading of its sovereign ratings.' That would have meant more stringent terms and conditions of borrowings, investments and international bargains in projects and trade.
Board of Control for Cricket in India's chief N Srinivasan on Tuesday got support from Union minister Farooq Abdullah, who said it makes no sense in demanding his resignation as it has not been proved that he was involved in any wrongdoing. "Why should he resign," asked Abdulla, who is also president of the Jammu and Kashmir Cricket Association.
Aam Aadmi Party leader Arvind Kejriwal on Sunday said the white paper on irrigation, brought out by the Maharashtra government, was "an attempt to absolve Nationalist Congress Party leader Ajit Pawar of all the corruption charges against him".
With these you can rest assured that your investment amount is not washed away
Dharmarajan, the absconding convict in the Suryanelli gangrape case who was arrested from Karnataka, was sent to the sub-jail in Kottayam in Kerala by the district and sessions judge, before whom he was produced on Saturday.
A 60-page report by the Human Rights Watch titled 'Between Two Sets of Guns: Attacks on Civil Society Activists in India's Maoist Conflict', documents human rights abuses against activists in India's Orissa, Jharkhand, and Chhattisgarh states. This is part two of a three-part series