DLF will use its IPO proceeds in part to acquire land, complete on-going projects and retire debts.
Empowered committee of state finance ministers on value-added tax has sought to allay fears of traders that the new tax system will lead to increase in prices, stating that the worldwide experience did not support this apprehension.
There is nothing that is guaranteed in the world of television and loyalty is pretty fickle
Reliance Infocomm has started its broadband operations with the launch of Digital Electronic News Gathering service that enables TV channels to broadcast quality news video from a remote location to the studio directly.
"If Pakistan thinks that only the Hurriyat represents the people of Kashmir, then there is something fundamentally wrong with their understanding of realities in J&K."
Uber may be in the midst of a major controversy over a rape incident in India, but Infosys' CEO Vishal Sikka feels that digital services like this app-based taxi provider have huge potential in the country.
The total revenue in the September quarter grew 14.5 per cent to Rs 3,451 crore
Trump's latest move will raise duties on more than 5,000 products made by Chinese producers, ranging from chemicals to textiles and consumer goods.
Anil Khandelwal, Chairman of Bank of Baroda, expects a 25% credit growth in FY07. He says that BoB did not bid for UWB due to their existing presence in Maharashtra. He adds that the UWB branches will give IDBI good reach and size.
CK Narayan of ICICI Securities says that the Sensex could dip to 9,000 levels by December.
Franklin Templeton has won the mutual fund of the year award instituted by CNBC-TV18 and rating agency CRISIL.
Sources suggest that Sony TV may have finalised a deal to pick up 50 per cent in Dubai based sports channel, Ten Sports, reports CNBC-TV18.
The government on Saturday said it would create a third trading platform to revive the regional stock exchanges which have been hit badly after the rapid growth of Bombay Stock Exchange and National Stock Exchange.
NDTV will become a full time infotainment and entertainment channel
Shankar Sharma of First Global says that earnings for HPCL, BPCL can quadruple, factoring in oil bonds.
However, if you carry on the business of buying and selling the agricultural land then in such a situation you will be required to make the payment of tax on such profit.
Valuations are in our favour. Markets should find a way to go higher.
Asked whether Islamabad was ready to postpone for sometime the expert-level talks slated for next week since the new government might seek some time, Kasuri said, 'We are realistic.'
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
The Securities and Exchange Board of India is working on building a strong business platform for scalability and improving the quality of intermediaries, Chairman G N Bajpai said on Saturday.
He did a volte-face on his stand against the Muslim community and Congress president Sonia Gandhi.