When on October 24, the Supreme Court, on a petition moved by the government, ordered payment of past dues according to its new definition of AGR, the country's second-biggest carrier Vodafone-Idea Ltd warned of shut down if no relief is given. The total dues for the industry ran into a whopping Rs 1.47 lakh crore. For an industry that has come from 7-8 operators to just three private players and state-owned fourth operator, the warning by Vodafone-Idea sounded like a death knell.
At a time when China is trying to make its foray into South Asia, India should use its shared history to strengthen its ties in the region, says Dr Rup Narayan Das.
In the shock after Nathuram Godse murdered Mahatma Gandhi that January evening 72 years ago today, a young American diplomat rushed to capture the assassin. Vaihayasi Pande Daniel traces the memorable life of Herbert Reiner, who History has sadly relegated to a footnote.
After having raised Rs 20,000 crore by selling NFOs, mutual funds are now likely to turn buyers. A slew of funds, including Morgan Stanley ACE Fund, Birla Sun Life Pure Value Fund, Mirae Asset India Opportunities Fund Standard Chartered Fund closed recently. Mutual funds launch NFOs to raise money since the mutual fund penetration in India is low. Most mutual funds expect redemptions on account of advance tax provisioning that corporate houses do at this time of the year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ambani vs Ambani, Tata vs Birla, Ambani vs Mittal, the fights came in all permutations and combinations, making 2007 arguably the most happening as well as a tumultuous period for the Indian industry that stamped its authority overseas with about 250 acquisitions worth over $32 billion.
Mutual funds provide the right opportunity to the millions of investors
A study of the top ten mutual funds' equity portfolios as on March 30 reveals that funds bought huge chunks of metal major SAIL, engineering stock KEC Infrastructures, while diluted their exposure to FMCG major ITC.
State-run UTI Mutual fund has toppled private sector ICICI Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance MF has retained its top position.
'What I would love him to do most is to become a life coach and share his incredible story of struggle, success, and survival,' says marketing guru Sandeep Goyal.
Indian economy should perform in line with expectations
Investment experts said the key to generating superior returns was "asset allocation" and taking money out of the table from themes that have performed well and into themes that are available at a discount.
'But you cannot encroach upon the spaces that belong to the public.' 'For this new Parliament building, we envisage a minimum of 400 trucks, the huge long trailer trucks will be coming in day in and day out right into the heart of the national capital.' 'It will completely destroy Delhi's peace.' 'The beautiful sylvan surroundings of the quiet, beautiful, New Delhi is going to be destroyed for all time to come.'
According to the India Meteorological Department (IMD), the Ayanagar weather station recorded 99.2 mm rainfall, the maximum in the city, during the 24-hour period ending at 8.30 am on Thursday.
Depending on the kind of risk you want to take, here are five funds that will give you a good return on your investment.
How many 22 year olds gets the ears and eyes of Yogi Deveshwar, Kumarmangalam Birla, Shashi Ruia, T V Narendran and Naveen Patnaik?
'Right time, right place, right business and I could see I was the right person. It was a now or never moment in a sense. If I didn't do it then, then when? There is little point in entering a business as an entrepreneur when someone else has proven the concept.' BJP leader Yashwant Sinha's son started ReNew Power during the UPA II government to focus on clean energy.
Chandrakant Sompura has either planned, designed, built or renovated over a hundred temples in India and abroad.
While stocks are at cheap valuations, the volatility can be unnerving.
Through this online facility, these business communities can generate marine policies, manage them online and speed up documentation procedures in case of an emergency.
As A M Naik stepped down as L&T CEO, there are some things he still needs to take care of. And given his love for his company that's not the last we are going to hear of him yet.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Former Indian captain Rahul Dravid has said that cricket's influence in his life was such that the game made him a better person.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With the stock coming under pressure, the MF holding value could have dropped to Rs 50 billion, back-of-the-envelope calculations show.
Among the parties that boycotted the proceedings of the House included the Congress, which was the among the first to walkout, followed by members of the CPI-M, CPI, TMC, NCP, SP, Shiv Sena, RJD, DMK, TRS and AAP.
Inter-faith prayer meeting held on Friday at Gandhi Smriti in New Delhi.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ahead of Reserve Bank of India's 's slack season Credit and Monetary Policy, Life Insurance Corporation, one of the biggest players in the financial sector
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The Delhi poll results have thrown up several "giant killers" who led a life of anonymity and were political novices before they entered the electoral battle on AAP tickets.
The total AUM rose 40 per cent or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November.
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The penalty was levied in connection with deficiencies and lapses in the operation and maintenance of the currency chest at the Secunderabad branch of SBI, it said. Last month, the RBI had imposed a penalty of Rs 3 crore (Rs 30 million) on SBI for violating know your customer/anti-money laundering norms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
From children to the elderly, common people to VIPs, all came out in balconies, lawns and terrace of their homes as the clock struck five, following an appeal by Prime Minister Narendra Modi to show gratitude to doctors, paramedics, police and other personnel associated with essential services when the country was observing an unprecedented 'Janta Curfew' on Sunday to check the spread of the virus.
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