Mumbai is the most hard working city in the world. Mumbaikars work for an average of 3,315 hours annually. In comparison, a full-time employee in Beijing works for an average of 2,096 hours a year, says Shyamal Majumdar.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
The business is impacted by low volume growth amid Christmas and New Year holidays.
The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
This is the biggest IPO in the Indian market since Bharti Infratel's over Rs 4,000 crore public offer in December 2012.
IndiGo has a fleet of 98 aircraft and about 75 of them are on operating lease.
New stars emerged on the horizon in Shubhankar Sharma and Ajeetesh Sandhu even as familiar faces strengthened their stranglehold by picking up their own set of titles in a season of new highs for Indian golf.
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
The cost of luring buyers and sellers to its platform means the new funds won't last long.
Singapore retained its title as the world's most expensive city for the fourth consecutive year, while Hong Kong remained second, closely followed by Zurich at the 3rd place.
Aptech, Lumax Industries, Vedanta, Indian Bank, Venky's India have appreciated over 200% in a year
Few top honchos of India Inc did very well in 2014.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
UBI's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion) as part of consortium led by State Bank of India.
Delhi-based Nilesh Sharma, among the first IPs, said while the framework is in the initial stage and might have teething trouble, the opportunity is immense in the long run.
The Chinese currency too is expected to continue its fall.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
UBS reduced its Nifty target to 8,600 by December from 9,200.
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
The company will finalise the final pricing for allotment of shares later.
The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.
Beleaguered businessman Vijay Mallya on Thursday told the Supreme Court that banks have no right over the information of his overseas movable and immovable assets as he was an NRI since 1988.
Embattled Indian business tycoon Vijay Mallya on Friday made a rare public appearance in the United Kingdom as he attended the free practice sessions ahead of Sunday's British Grand Prix, in Silverstone.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
Steps to improve governance, instill confidence in the government machinery and streamlining function across the different ministries are also important to feed the positive mood, the DBS report added.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
Citi, HSBC and UBS etc have already cut their market targets.
Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
UK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd, more than double of Rs 1,440 it offered in the previous bid last year.
Speaking to reporters Mallya said, "It will all become clear in court".
The policymaker said the RBI had not reached the point where specific actions were under consideration.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
The S&P BSE Sensex dropped 207 points to end at 25,230.
Oil subsidies to fall 44% in FY15.
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