'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'
Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years
International Finance Corporation, which plans to hike its India exposure to $1.5 billion by 2007, is eager to invest in the equity of special economic zones, including the Rs 4,950 crore (Rs 49.50 billion) Maha Mumbai SEZ.
The International Finance Corporation is planning to increase its investments in India to $1 billion in the next two years even as it has pumped in additional funds in a US-based company with operations in Chennai.
Some international markets offer interest rates as low as one per cent, which could reduce the government's interest cost significantly.
The Budget will focus on Gujarat's GIFT City.
Congestion on Mumbai roads has become chronic.
The High-Powered Expert Committee report sounds impatient on various issues like capital account convertibility.
It has to put in place the physical and social infrastructure for getting an international finance centre along with expediting reforms in the financial sector.
There have been many efforts in the past to develop Mumbai into an IFC, while an expert group was also set up by the government years ago to study this possibility.
Percy Mistry says things at market regulator Sebi are also in bad shape.
The turmoil, if you read the headlines, is about the so-called funding winter. Deep down, though, the question is one of the common direction in which founders and investors need to pull, points out Suveen Sinha.
Mumbai is one of the most liveable cities in the world.
Offshore rupee debt was likely to attract good demand
The report finds it is easiest to start and operate a business in Ludhiana, Hyderabad and Bhubaneshwar, the report 'Doing Business In India 2009' said. Besides these three cities, Ahmedabad, New Delhi, Jaipur, Patna, Chennai, Indore, Mumbai, Ranchi, Guwahati, Kolkata and Kochi are some other cities where setting up and operating a business is easy, the report added.
The Mystery Report lists 48 (!) "Recommended Actions" (mostly in the next two years) for paving the way for Mumbai's rise as an IFC. It's a wide-ranging and challenging list.
According to property experts, this is the biggest plan by any developer at the moment.
BSE-200 companies's list shows that 96 companies had woman directors.
The Street is never short of hope and events to look forward to
Six-year-old Krishna suffers from Thalassemia Major, a severe genetic disorder that causes excessive destruction of red blood cells for which he needs blood transfusion every 21 days. As he grows older, the time-frame will reduce.
HDFC, the pioneer, ICICI, the game-changer, and SBI, the original teaser, turned the market on its head.
