While the ministry sources clarified that the overall policy for fax editions is still under review, this proposal has been given approval on a case-to-case basis in FIPB's meeting held last week. The proposal was turned down twice earlier pending the review but the company had applied to FIPB under deferred proposal agenda in its meeting on January 9.
In India, US venture capitalists invested $101 million in 13 deals in the first quarter, 29 per cent less than the $142 million via 22 deals in the March quarter of 2008, as per data compiled by research firm Dow Jones VentureSource. Venture capitalists put $1.87 billion, the lowest quarterly total since 2004, via 250 deals for emerging companies in India, China, Europe and Israel in the first quarter as fund managers prefer assured returns from portfolio investment.
Ministry officials said the matter is being reviewed with the objective of bringing down the FDI cap from 100 per cent to 26 per cent in line with the limit for news media. This decision for the review was taken while discussing the proposal of US-based Dow Jones and Company for setting up a wholly-owned subsidiary to carry out publishing the facsimile edition of Wall Street Journal in India.
The Nifty closed below the psychological mark of 5k at 4,987, lower by 54 points. Realty, energy and bank stocks were the major draggers.
Silicon Valley venture capitalists are scaring their companies--and each other--with tough talk. The smart ones are also still investing.
Cities with a strong presence in health care, education, law, energy, and the government will feel the impact of a downturn less.
The NSE Nifty ended at 2,620, up 43 points. The BSE IT index surged 3% to 2,072. The Oil & Gas index gained 1.8% at 5,724. On the other hand, the FMCG index dropped 1.7% to 1,854.
If you plan to send your child to the US five years from now and expect the rupee to depreciate five per cent every year, adding US funds to your portfolio might be a good idea, says Ashley Coutinho.
As per the new methodology, stocks must have an annualised traded value of at least Rs 1,000 crore for their inclusion in the BSE 100 index at each semi-annual rebalancing
A new study has suggested that people enjoying a higher social status were less likely to suffer chronic stress and ill-health, while feelings of failure triggered brain changes linked to stress and pain.
The Journal's parent, Dow Jones and Company was acquired by media Moghul Rupert Murdoch's News Corporation, four months ago. Murdoch declined to comment last night, the Times said even as some analysts see a possible war between the Journal and the New York Times.
The Nifty closed below the 5,000 mark for the first time in seven days and the Sensex ended below the 17,000 mark. The market breadth was fairly negative. Out of 2,825 stocks traded on the BSE, 1,875 declined and 871 advanced.
The Nifty closed at 5,114, lower by 27 points. The market breadth was fairly negative. Of 2,844 shares traded on BSE, 1,471 declined, and 1,322 rose.
Find out which financial instruments will protect you from bear market volatility.
The Nifty also traded in a narrow range on either side of the 5000 mark before closing abover the 5000 mark yet again. It ended at 5006, up 47 points. The market breadth was positive. Out of 2852 stocks traded on he BSE, there were 1,655 advancing stocks as against 1,111 declines.
Out in the wilderness for 18 months, former International Cricket Council chief Jagmohan Dalmiya, elected as the president of the Cricket Association of Bengal (CAB), has scripted a dream comeback that is only similar to state icon Sourav Ganguly. Dalmiya, lying low ever since he was ousted from the post of CAB president in December 2006, planned his comeback and ensured that his entire panel of office-bearers was elected comfortably.
Venture capitalists (VCs) invested around $928 million (around Rs 3,700 crore) in 80 India-based firms during 2007 -- a 166 per cent increase over the $349 million invested in 36 deals in 2006 --, according to the latest quarterly India Venture Capital report published by Dow Jones VentureSource.
Defying a Communist Party of India directive to quit his post before the trust vote, Lok Sabha Speaker Somnath Chatterjee on Monday chaired an all-party meeting in New Delhi ahead of the special session of the Lok Sabha to decide on the confidence motion.The Speaker had called the meeting of the floor leaders of parties to discuss issues related to the trust vote being sought by Prime Minister Manmohan Singh, in the wake of the Left withdrawing support to the UPA.
Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 per cent.
The economic slowdown in India and the recession in many parts of the world are affecting us all in many ways. Here is a list of things that we need to do and some that we should not do during the downturn:
Rupert Murdoch's international financial daily The Wall Street Journal, published by Dow Jones & Company, is all set to launch its facsimile edition in India next month. The newspaper, to be launched in Mumbai, is likely to be priced at Rs 30 a copy.
The NSE Nifty ended at 2,995, down 147 points. The market breadth was negative - out of 2,638 stocks traded, 1,566 declined, 998 advanced and the rest were unchanged on Wednesday.
Former US student Aparajita Saha-Bubna answers questions about her study abroad experience. In particular, she describes preparing, leaving and adjusting.
Following the herd right now is exactly the wrong thing to do, say market historians and economists.
Will a US recession tip the entire metals complex, including Gold Prices, sharply lower in 2008...? Add the falling dollar to rosy growth forecasts from China and what do you get? If you guessed higher commodity prices, you get a gold star. Yet among the big investment institutions, there's mixed opinion about what metals prices will do in 2008.
Unfortunately, there is no tried and true formula that transcends industries and business cycles. Tackle the problem in logical steps.
As part of the reshuffle, James Murdoch will step down as chief executive of British Sky Broadcasting, and replace his father as non-executive chairman of the UK satellite broadcaster.
The NSE Nifty ended at 3,513, down 93 points. The market breadth was extremely negative - out of 2,652 stocks traded, 2,164 declined, 442 advanced and the rest were unchanged on Wednesday.
On the contrary, the fall in the US markets was lower with the S&P 500 and Dow Jones both declining by around 9 per cent and 6 per cent respectively, while emerging markets lost around 18 per cent during the month. Pessimism in the financial markets following the filing for bankruptcy by Lehman Brothers, Merrill Lynch's sell-off, the AIG bailout and perceived uncertainty around the US bailout package added to investor fears.
Asian markets were weak this morning on uncertanaity over the $700 billion US bailout plan. Later on, the European markets, too, opened on a weak note, and US futures also indicated a negative start from Dow and Nasdaq. The market breadth was extremely negative - out of 2,684 stocks traded, 2,282 declined, 361 advanced and 41 were unchanged on Monday.
The latest allegation of rape was levelled against Akbar by Pallavi Gogoi, chief business editor of National Public Radio, a Washington-based American media organisation, who has detailed the "most painful memories" of her life in an article in The Washington Post.
The three stocks from the Sensex that managed to break the trend in the falling markets are from the FMCG and pharmaceuticals space
The market breadth was fairly positive - out of 2,724 stocks traded, 1,782 advanced, 858 declined and the rest were unchanged today.
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
Growth stocks are not located in the traditional well-known sectors but in new and upcoming fields
While the M1 Group, which holds 9.8 per cent in MTN, today backed Bharti's bid, Singapore Telecommunications said it has no objection to the acquisition.
As the economy teeters between bad and worse, one question looms: What's the best course of action? Here's what can be done. And what can't
India imposes over 100 per cent duty on imported vehicles and the likes of American cult bike maker Harley Davidson had made noises in the past asking to bring down the rates.
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
An existence so dependent on computers and the Internet means a glitch can do more than delete your presentation -- it can roil the stock market, or black out 15 states.
