Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
Demand to remain high with festive season ahead and ongoing price fall
The reason is believed to be a 19% increase in interest cost.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
The rally in most of these stocks is partly attributed to impressive financial performance.
The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.
The target announced is 13.6 per cent higher than that set last year and 145.4 per cent higher than the revised target for 2013-14.
Corrosion is a big menace for anything with steel application from rebars in construction, oil and water pipelines, railway track, power distribution poles to automobiles, says Kunal Bose.
Markets crashed due to domestic worries; bluechip stocks tanked too.
Sun Pharma stock has appreciated at 35% a year for 20 years
The government has a two-pronged strategy for e-auction of cancelled coal blocks.
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
Under current laws, a company cannot sell mines but only transfer leases when it is acquired by another firm.
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'Mining jobs get created in the most backward districts of India's poorest states,' says Anil Agarwal.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Divestment in PFC, REC, NHPC, Nalco, Hindustan Copper and NMDC could be considered
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
Most expect the Budget to be path-breaking.
'It's not as if power demand is falling. It's that generation has outpaced demand.'
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
'It is my duty to give the govt the right price of crude oil.'
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