Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
Countries in South Asia on Tuesday agreed to work on further opening up markets for the members of the South Asian Association for Regional Cooperation, as a measure to deal with the global downturn.
According to officials, the list of 101 items includes towed artillery guns, short range surface to air missiles, cruise missiles, offshore patrol vessels, electronic warfare systems, next generation missile vessels, floating dock, anti-submarine rocket launchers and short range maritime reconnaissance aircraft.
Auto component companies -- especially the mid-size and small ones -- are facing an uphill task to stay afloat as banks have become tight-fisted in giving credit and vehicle makers are cutting orders to combat the slowdown in sales.
Finance Minister Pranab Mukherjee presented the Union Budget 2010-11 in parliament on Friday.
The delegation was to meet with business and government leaders both in New Delhi and Mumbai, coinciding with the Innovative Technologies for manufacturing Expo 2009, an international B2B exhibition and conference, India's largest trade show focusing in agro& food processing, auto components and chemicals and fertilizers as well as electronics and electrical engineering.
Many financial sector reforms suggested by the Percy Mistry Committee may not figure in Budget 2008-09.
Banks may be claiming that they are pruning their real estate exposure but data from the Reserve Bank of India (RBI) paints a completely different picture.
This was due to the fact that they had already won the Khel Ratna, the country's highest sporting honour.
Jet Airways, SpiceJet, Kingfisher and other airlines have told the government that they would curtail services frequency and air routes to cut losses after oil companies raised the prices of aviation fuel.
South Africa have included the world's number one test bowler Vernon Philander in their preliminary 30-man squad for the World Twenty20 tournament to be played in Bangladesh in March and April next year.
'The finance minister in her Budget speech should spell out how exactly she intends to get back to the 7% track, and the hard decisions she intends to take in order to adjust to the realities of a slowing economy until growth momentum returns,' suggests T N Ninan.
Petroleum Ministry is considering cutting down the number of independent directors on board in an oil PSU to 33%.
'All these incidents go to show that the day of the anodyne, apolitical corporation is running out fast,' says Kanika Datta.
Before the selectors meet again to finalise the squad, you can take on the role and pick 15 players from the 30-member probables list you feel are best to represent the country at the 2015 World Cup.
The move may be part of Budget 2008-09, a senior government official said.
Goalkeeper Adrian D'souza was also included in the squad for the six-nation Champions Challenge tournament.
The fact that the government has no specific deadline to impose this policy was revealed through a response to an RTI application in February 2017.
Pat Welch, managing director, Allergan, was in India to promote Botox, the miracle cure for face wrinkles.
A clampdown on fresh personal loans, credit cards and auto loans is taking a toll on direct selling agents hired by banks to push these products. According to estimates, banks have reduced the number of DSAs by 15-25 per cent, while marketing expenses are 35-40 per cent lower.
The International Cricket Council (ICC) will finalise a shortened 2011 one-day World Cup format and a successor to chief executive Malcolm Speed at a two-day board meeting starting in Dubai on Monday. The top decision-makers of the governing body will also discuss the crisis in Zimbabwe cricket and consider an independent audit that has been undertaken into the game's board there, an ICC release said on Saturday.
Falling demand compels domestic carriers to slash capacity by 10 per cent.
The Wadia family-owned GoAir, the country's smallest low-cost carrier, has decided to retrench 10 per cent of its staff. This, it hopes, will help prune its wage bill by 40 per cent -- a clear indication that the axe will fall on several senior-level jobs.
The fuel from the KG basin will prune Rs 114,000 crore (Rs 1,140 billion) from the country's import bill. The price of $4.2 per million British thermal unit (mBtu) approved by the government for selling gas implies potential savings of about Rs 85,000 crore (Rs 850 billion) for consumers, said Ambani. Ambani's statement on gas pricing comes even as the government is considering a revision of the floor price of $4.2 mBtu that was approved in September 2007.
Leaders of the Indian industry are worried over the way the agricultural issue, which calls for pruning farm subsidies by the rich nations, is being handled at the ongoing global trade talks.
A list of 22 probables was announced for the women's hockey Olympic qualifying tournament to be held in Russia.
The wedding will take place in Delhi.
Chidambaram, who is also senior spokesperson of Congress, said at the AICC briefing.
Union Finance Minister P Chidambaram on Thursday said that tax exemptions will be pruned further and phased out eventually and that the controversial Banking Cash Transaction Tax will be reviewed next year.
Market regulator asks bankers to use real time gross settlement system for IPOs.
Free rides on toll roads for the country's VIPs might soon be over. The government is coming up with a new toll policy which might prune the long exemption list of VIPs who do not have to pay toll on national highways.
The list of 30 probables will be have to be pruned to 14, a month before the event's commencement on September 11.
The wedding, which is billed as the India Inc's most expensive yet, was held at Antilla.
Whether it took the corona crisis to bring about the transformation, or otherwise, the change ought to be welcome, notes Virendra Kapoor.
According to the World Health Organisation, 10 candidate vaccines for COVID-19 are in the clinical evaluation and 126 are in the pre-clinical stage.
"Now that they have cut the branches of the tree, the ghost will cut short Nitish Kumar's rule," Prasad told reporters in an informal chat at 10, Circular Road, the new residence of his wife, Leader of Opposition Rabri Devi.
He talks about issues such as his company's plans to set up a manufacturing plant in India, the possible pruning of its work force and the increasing rural penetration in the country
There is no clarity on the number of players in the auction pool because the deadline for franchises to prune the original list has been deferred to February 4.
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