Rate has remained at 3.5 per cent since March 2003.
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Roger Federer battered Adrian Mannarino so badly in a 6-2, 6-3, 6-2 romp on Thursday that the Wimbledon crowd began to root for the sorry Frenchman rather than their beloved six-times champion.
NTT had earlier sought the combined 63 per cent stake of the promoters and private equity firm General Atlantic Partners, but their exclusive talks failed due to a valuation mismatch.
The infrastructure sector (comprising both project developers and construction companies) has got massively de-rated by investors over the last few years.
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs.
'I know margins are under pressure, but have banks begin to stoop so low to enhance their floats or slip in strange charges?' asks Keya Sarkar.
M R Venkatesh on why the reason why food prices in India are going through the roof.
The Comptroller and Auditor General of India report for 2010-11 on direct taxes, tabled in Parliament on Friday, revealed that 958 lakh (95.8 million) PANs were issued up to March 2010 but IT returns filed in the last fiscal were only 340.9 lakh (34.09 million).
Deals worth nearly $17 billion have got cancelled including -- the $14.5 billion Reliance-LyondellBasell deal, the $2 billion Reliance-Value Creation transaction, the $12 million PVR-DT Cinemas deal and the $130 million Wockhardt-Abbott Laboratories deal.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
'Great social change brings great linguistic change, and that has never been truer than in this current global crisis.'
Finance Minister Pranab Mukherjee said the Indian Infrastructure Financial Corporation Limited (IIFCL) will evolve a financing mechanism for giving increased support to infrastructure projects.
The industry today needs eager-to-learn leaders and not the know-it-all Gods that management institutions are creating.
Replying to clarifications sought by MPs in Rajya Sabha on his statement on the border row, the minister said skirmishes and face-off with China in the last few months have been primarily over the issue of patrolling the Ladakh border.
Employers will now need to furnish detailed break-up of exemptions that an employee has claimed.
Debt-ridden Reliance Capital ready to cede control in home finance - Blackstone, Carlyle, Brookfield, and Piramal group are in talks to buy a large stake in Reliance Home Finance.
The country's top bankers met RBI deputy governor Subir Gokarn on Thursday for the customary pre-policy meeting, where bankers pitched for a cut in savings bank rate, which will help them improve their net interest margins.
An unassailable lead in hand, the rampaging Indian team will now push for a series whitewash when it takes on a grossly mismatched New Zealand in the inconsequential fourth cricket One-dayer of the five-match rubber in Bangalore on Tuesday.
Sources said the government wants all of the 500 and 1000 banknotes to be deposited and not burnt or destroyed for the fear of penal action.
The challenge is to see through the 'golden opportunity' and find out what's in it for you?
External Affairs Minister S M Krishna and his Pakistani counterpart Shah Mahmood Qureshi are expected to hold telephonic talk on Tuesday to discuss ways to reduce trust deficit in pursuance to the decision reached between prime ministers of the two countries in Thimphu.
Aroon Purie, Editor-in-Chief, India Today, talks about his career and the various issues that concern today's youth.
In 1985, Balbir Singh Sr had donated his medals and memorabilia to the then SAI Secretary on being told that they would be displayed in a show window at the then proposed National Sports Museum.
Kolkata tops the list with 617 cancellations, New Delhi stands second with 203, followed by Mumbai at 190.
Mobile applications will now take centre-stage as Bharti Airtel grows its business.
The Family Man is the espionage drama India is waiting to see, raves Karan Sanjay Shah.
The OTP will be sent on the registered mobile number and email of the individual
Once you understand the common gaps and what they mean, you can profit by correctly assessing them.
A total 95 deaths deaths were reported since Friday morning, of which 37 in Maharashtra, 24 in Gujarat, nine in West Bengal, seven in Madhya Pradesh, four each from Rajasthan and Uttar Pradesh, three from Andhra Pradesh and Tamil Nadu and two from Delhi and one each from Punjab and Haryana.
Captain Surinder Kaur scored four goals as India thrashed a hapless Trinidad and Tobago 7-0 in a pool A match to stay in the hunt for a semi-final spot in the women's hockey event of the Commonwealth Games in New Delhi on Friday.
"The general benchmark that we are getting to hear is in the range of 5-15 per cent. Clearly, the 30-40 per cent hike days are behind us. Along with the slowdown in the US markets, there is a general mismatch in demand and supply. I think firms are being cautious before announcing huge hikes," says Shiv Aggarwal, CEO of ABC Consultants.
While the lawmakers have to be complemented for their appreciable work removing various deficiencies in the Indian Cyberlaw and making it technologically neutral, yet it appears that there has been a major mismatch between the expectation of the nation and the resultant effect of the amended legislation. A perusal of the said legislation shows that there is hardly any logical or rational reason for adopting such an approach.
Only cash deposits of over Rs 250,000 in bank accounts will be scrutinised by the tax department and in case of mismatch with I-T returns, tax plus 200 per cent penalty would be levied
The ailing national carrier had invited requests for quote to lease out these wide-body Boeing 777s last November in its bid to mop up some additional funds amidst huge financial losses.
RBI deputy governor N S Vishwanathan has said the new framework was in line with the Insolvency and Bankruptcy Code guidelines.
Afghanistan have a long way to go before they can challenge the leading Test nations and the best way to bridge the gap is to play regularly against their 'A' teams, coach Phil Simmons said after the team's deflating long-form debut against India.
This permission was given some time late last month, before the Reserve Bank of India (RBI) on March 31 issued the indicative borrowing calendar for the states for April-June and the one for the Centre for April-September.
