The industry was hit by the financial stress of 3G and 4G auctions in 2010.
The whole country broke into an impromptu celebration and by the evening, four state governments had announced cash rewards that added up to Rs 1.4 crore. Cash-rich BCCI also announced a reward of Rs 50 lakh for Bindra and Railway Minister Lalu Prasad issued him a lifetime AC first-class travel pass. Not to be left behind, budget carrier SpiceJet gave him free unlimited travel for life.
Each dept could handle a designated area.
The turbulence witnessed by the stock market this year has adversely affected brokers but Motilal Oswal, Chairman and Managing Director, Motilal Oswal Financial Services says he is unruffled. "Revenues have been hit if you compare them on a quarterly basis. The earnings were exceptionally high during the last two quarters of 2007, as the benchmark indices rose more than 30 per cent during the period. Given the swift rise in share prices, this slowdown was expected."
The survey said though the situation on the ground did not change in the last six months, prospects have improved for the next two quarters.
Over the past week, the Sensex and the Nifty continued the bull-run
The corporate big-wigs gathered in Davos, for the 44th World Economic Forum Annual Meeting said investors, corporate boards, business schools and accounting rules must change to de-emphasise short-term financial performance.
India ranks 130 in ease of doing biz report; jumps 12 spots
The insurance industry will remember 2010 as an eventful year in which insurance regulator Irda came out on top in a turf war with market watchdog Sebi over the regulation of Unit-Linked Insurance Products, with the end result of such schemes becoming investor-friendly.
India's infrastructure sector is poised for a big leap and offers significant investment opportunities for US businesses and other investors, Planning Commission Member B K Chaturvedi has said.
Indian-origin telecom titan Arun Sarin, who is retiring as Vodafone CEO in July, is likely to venture into private equity business and may also join boards of large international companies as a non-executive director.
About 60 per cent of BRIC (Brazil, Russia, India and China) nations anticipate a rise in business activity whereas only two per cent expect a decline. These are the findings of the latest Business Outlook Survey conducted in April by advisory firm KPMG.
A visiting Pakistani women's trade delegation on Friday signed an agreement with India's Federation of Indian Chambers of Commerce and Industry to promote business between the arch-rivals.
Though ONGC and OIL are major producers of natural gas, they currently have no presence in its retailing and marketing, a field dominated by GAIL and its joint ventures.
Faced with stiff competition, fast moving consumer goods major Hindustan Lever Ltd has decided to tap the rapidly growing direct-selling segment with the launch of ready-to-eat foods.
Rural Postal Life Insurance, a scheme administered by the Department of Post for the rural populace, has grown manifold to develop business worth Rs 6,000 crore (Rs 60 billion) for the 2003-04 fiscal from Rs 550 crore (Rs 5.50 billion) in 1999.
Prime Minister Narendra Modi and German Chancellor Angela Merkel on Wednesday visited the facilities of German automotive major Bosch.
Top corporate managers on Thursday expressed confidence that the Congress-led coalition, in case it forms the government at the Centre, would give a fillip to economic reforms.
The list includes political leaders, corporate executives, NGO heads, top government functionaries and a first lady. Here, we present you the world's top 30 businesswomen.
Standard Chartered Bank is looking for appropriate acquisitions, including asset portfolio to grow its business presence in India, one of the fastest growing markets in the world.
Company has around 70,000 towers and it will explore various business models that can realise value of its infrastructure
India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, where Switzerland remains on top.
Citibank, which regards India as its top-most priority market after profits from country operations grew by 45-50 per cent in the last few years, now plans to increase its presence through 300 centres and in 35 cities in two years.
Ficci's Business Confidence Survey continued to show a robust rise in the second quarter of the ongoing financial year 2010-11 as all three confidence indices -- current conditions index, expectations index and overall business confidence index -- saw an increase in their values.
A recent survey says that despite heightened concerns, majority of consumers continue to use weak password management practices that can greatly contribute to increased vulnerability to identity theft.
There are more than 5,000 family businesses across the Kingdom, of which only 156 are listed on the Saudi bourse, according to Jeddah Chamber of Commerce and Industry chairman Saleh Kamel.
India does not feature in the top 100 countries on eight of the 10 indicators of the World Bank study.
Sunil Wadhwani and Ashok Trivedi, co-founders, said: "The separation is a logical step for the company. Our board has reviewed the divestiture and believes it will benefit our shareholders, employees and customers."
Padmasree Warrior, the India-born CTO of Cisco Systems, has made it to the Top 15 list of powerful women in corporate America, as per PINK magazine.
Echoing Prime Minister Narendra Modi's views that improving the health of financial markets alone cannot fuel growth, G20 business leaders on Friday said vigorous efforts should be made to go beyond fiscal and monetary policy to kickstart world economy and create jobs.
At some point you have to ask for the business. Be prepared for any answer.
Future Capital Holdings has decided to venture into the hedge fund business in the next three months.
Airtel acquired African telecom operator Zain in 2010 for $10.7 billion.
Piramal Healthcare on Wednesday said it has completed the sale of its domestic formulations business to US-based Abbott Healthcare and has received Rs 10,271 crore (Rs 102.71 billion) as initial consideration for the same.
The company sees many more areas of inorganic growth in the future.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances