While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
The North East India, where the economy is primarily based on agricultural activities, is reeling under deficit rainfall condition so far this year that is posing serious hazards to cultivation of paddy, the principal crop in the region.
Like its predecessors REC and NTPC, mining major NMDC, the third government-owned company to hit the markets this year, received tepid response on the first day of follow-on offer (FPO).
Many domestic and foreign companies in banking and financial services, consulting and consumer goods are believed to have written to the Indian Institutes of Management, requesting them to waive participation and recruitment fees.
Leaders Bayer Leverkusen set a Bundesliga record for the longest unbeaten start to the season when they drew 0-0 at home to Cologne on Saturday.
The Board of approval had given more time for Raheja's to develop their project in the state. The project is one amongst the three SEZs recommended to be denotified by the state government. Goa's Rajya Sabha member Shantaram Naik said he would meet new Union Commerce ministry Anand Sharma and brief him on the issue.
Batting might tilts the balance in New South Wales' favour when Simon Katich and his men cross swords with Victoria Bushrangers in an all-Australian semi-final in the Champions League Twenty20 in Delhi on Wednesday.
AdamSmith Institute of Management (ASIM) invites applications for admission to its two-year, full-time MBA 2009 programme
Indian shuttlers bagged five gold and five silver medals today to end their campaign on a high in the 11th South Asian Games in Dhaka.
As per the Quarterly Investor Dashboard Sentiment survey by ING, investors in the surveyed Asian countries believed that economic situation has improved and 93 per cent Indians feel conditions would further improve in the third quarter.
Seeks 100% depreciation on hardware and peripherals, exemption of customs duty on goods imported by ISP, seeks measures to increase penetration.
The National Investigation Agency, set up in the wake of Mumbai terror attacks, will have members handpicked by its first chief Radha Vinod Raju, who was appointed on Thursday. "He has been requested to join immediately and quickly begin recruitment," Home Minister P Chidambaram, who recommended Raju, said.
A stable, secure and prosperous neighbourhood is a sine qua non for the emergence of a great power. India cannot be merely seen as free-riding on the outside powers for regional stability.
Jenson Button and his Brawn GP team were crowned Formula One champions on Sunday in a Brazilian Grand Prix won by Red Bull's Australian Mark Webber.
About 3,500 will get it through off-grid or renewable energy solutions
Nine operators in the fray for 3-4 slots drove up the pan-India bid price to Rs 10,348 crore.
"The raid was carried out around 0430 hrs acting on a tip off that drugs was being consumed in a party at an apartment in Nauji Mansion of Colaba area," an official from the Anti-Narcotics Cell, said. The apartment is owned by trader Ranjit Batla and the six other men caught were also traders.
In an effort to stem a possible counter-bid by China's Sinopec and others, ONGC Videsh Ltd, the overseas exploration subsidiary of state-owned Oil and Natural Gas Corporation, has through its advisor Deutsche Bank approached the large institutional investors of Imperial Energy to acquire their holdings.
CitiFinancial, Citibank India's non-banking finance arm, has reduced its asset book by one-third and its branch network by a quarter of the year-ago level as part of a restructuring exercise, Citi CEO for South Asia Mark T Robinson told Business Standard.
While divestment through IPOs saw an over 90 per cent drop as compared to the previous financial year, the exchange traded fund (ETF) route proved to be a shot in the arm for the government, reports Sundar Sethuraman.
"Pakistan today is the most dangerous place in the world. Pakistan faces the threat of both Talibanisation and Balkanisation, which are gaining in strength," she wrote in her 328-page book.
Zimbabwe have agreed to skip next year's Twenty20 World Cup in England to end a stalemate with the International Cricket Council (ICC), Zimbabwe Cricket chairman Peter said.Zimbabwe is expected to remain as one of the ICC's 10 full members, a status given to Test-playing nations.
Chelsea and Liverpool continued setting a hot pace at the top of the English Premier League with emphatic away victories on Saturday. Liverpool briefly went top courtesy of a 2-0 victory at Bolton Wanderers with goals from Dirk Kuyt and Steven Gerrard before Chelsea responded by thrashing bottom club West Bromwich Albion 3-0 at the Hawthorns.
Cities with a strong presence in health care, education, law, energy, and the government will feel the impact of a downturn less.
The report reveals that while the subscriber base for wireless services has increased from 209.07 million in September 2007 to 233.62 million for the quarter ended December 2007, the subscriber base for wireline has decreased from 39.58 million to 39.25 million in the recent quarter.
Imtiaz Patel has withdrawn his candidature for the high-profile job of the the ICC's Chief Executive Officer.
Public sector undertakings Bharat Earth Movers (BEML), Rural Electrification Corporation (REC), Power Grid Corporation of India and National Hydroelectric Power Corporation (NHPC), are slated to hit the market with their IPOs.
Dr Robin Santra, a physicist at the United States Department of Energy's Argonne National Laboratory, has been selected for the inaugural International Union of Pure and Applied Physics Young Scientist Prize for Atomic, Molecular and Optical Physics
Amelie Mauresmo continued her preparations for this month's Australian Open with a 6-3 6-4 win over fellow Frenchwoman Nathalie Dechy to reach the last eight of the Australian Hardcourt Championships on Wednesday.
Dutch winger Arjen Robben will miss Netherlands' opening Euro 2008 Group C match with Italy on Monday after picking up a groin injury during Saturday's training, the Dutch FA (KNVB) said.
For the first time, Chevron Corp of the US, one of the largest global energy companies, will be recruiting from Indian institutes for its global operations.
A senior official said the digging operations in search of more body parts have been stopped and cleaning of debris is now underway.
This is also the first stake sale by a state-run company in 17 months after REC went public in February 2008 to raise over Rs 1,600 crore (Rs 16 billion). The issue will open on August 7 and close on August 11. The company would sell 168 crore (1.68 billion) shares comprising of five per cent stake divestment of the government and infusion of 10 per cent fresh equity.
The Institute of Management Technology, Ghaziabad and Nagpur, invites applications for admission to its management programmes.
NCA director Dav Whatmore wishes to improve the already impressive facility further so that it can be more useful for Indian cricket.
India Inc is rearranging its investment itinerary with little known investment destinations like Bihar, Assam, West Bengal and Orissa gaining a place on the country's economic roadmap.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
India is becoming an attractive solar market and firms such as Moser Baer and US-based Signet Solar are confident of the growth in this market.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Power sector firms that entered the capital market this year include Power Finnace Corp and PowerGrid Corp. Besides, there have been smaller issues from Suryachakra Power and Indowind Energy, which mopped up nearly Rs 135 crore (Rs 1.35 billion) collectively from their IPOs.
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