The company, however, expects the direct impact of the Japanese crisis to be minimal on its business in the short-term.
'There are indications of two streams of money flooding the coffers of Kalaignar TV. The first was from DB Realty. The second, which is not yet publicly disclosed, allegedly involves a sum of Rs 50 crore from another participant in the purchase of 2G spectrum. Investigators are also looking at a seeming clue thrown up by the famous Radia Tapes.'
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
Firing a fresh salvo against Karnataka High Court Chief Justice P D Dinakaran, Justice D V Sylendra Kumar has asked him to refrain from discharging administrative functions, as impeachment proceedings against him over allegations of land grabbing was pending."This action is a very disturbing development. In my earnest and humble opinion, you should definitely desist from exercising even administrative function as the Chief Justice," he said.
German luxury car maker Mercedes-Benz on Thursday said it will hike prices of its entire model range in India by up to 4.5 per cent from September 1 to partly offset impact of rupee depreciation and higher import duties.
Leading financial institutions ICICI Bank and HDFC have raised their benchmark lending rates by 0.25 per cent, making home and auto loans costlier.
The film was dead on arrival at 78 locations in America and Canada, as well as 40 locations in the United Kingdom.
The contraction in November this year is the second biggest fall in the current financial year.
You'll wish weekends lasted as long as weeks after looking at Sukanya Verma's long, long list of recommendations on OTT this week.
Trade analysts believe it will be an interesting to watch how the films do at the box office this weekend.
The minister of state said the requirement of the ministry was more and resources were limited.
Poor industrial production & lower agri output to further drag GDP growth rates.
As all airlines have raised carriage charges, private couriers have increased their tariffs 8-20 per cent. India Post, on the other hand, has not tinkered with its tariffs at all. As a result, India Post's tariff is 70 per cent cheaper for domestic destinations and 30 per cent cheaper for international destinations.
Growth in factory output, as measured by the Index of Industrial Production, was 6.2 per cent in May 2011, according to the official data released on Thursday.
Need of the hour is to spend to grow more, the study said.
It was a manic Monday for the Indian markets with the benchmark Bombay Stock Exchange Sensex slipping to its second biggest points' fall and the lowest since August in line with an Asia-wide slide after the Federal Reserve cut its discount interest rate at an emergency meeting and JPMorgan Chase agreed to buy sub-prime hit Bear Stearns for less than a tenth of its value last week.
Food inflation is back in double digits after a gap of a month-and-a-half and stood at 10.60 per cent for the week ending October 8 on the back of costlier vegetables, fruits, milk and protein-based items.
Firm crude and weaker rupee mean more losses for oil marketing companies. Jet fuel also set to rise, stressing airline finances.
Consumers are unlikely to get relief from high food prices till December 2012, despite a modest increase in global foodgrain production.
The argument that there is nothing wrong in barring illiterates from contesting elections is extremely flawed, when by the same yardstick many sitting MLAs and MPs would not be eligible to contest even panchayat polls, says Devanik Saha.
India's growth outlook has weakened sharply this year, with a crunch that started with the non-banking finance institutions spreading to retail businesses, car-makers, home sales and heavy industries.
It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.
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The agency's lead analyst Art Woo added that fiscal management is a challenging task.
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
In the first ever 'National Oral Health Survey' conducted by the Dental Council of India, it was found that in 15 out of 18 states covered, 29.5 per cent of the people above 65 years had 'complete edentulousness', DCI chief Dr R K Bali said.
Tennis line judges might grimace when they hear it, but players reacted positively to them being replaced by computerised calls on the opening day of the Next Gen ATP Finals on Tuesday.
It took India and the Indian Army to show to the world that enough is enough and to challenge the neighbourhood bully, he said.
A thrilling victory over England in the second match of their One-day series was tempered for New Zealand with the news that all-rounder Corey Anderson would be sent home.
A full bench of the Central Information Commission on Monday passed a historic judgment, stating that political parties would under the ambit of the Right to Information Act). While the CIC verdict was made about a case connected to the Communist Party of India, fresh complaints may be filed against all other parties before the CIC to secure a similar verdict and put them under the ambit of the RTI.
Are we then seeing a new phase of dynastic politics in the Congress? Yes, sons and daughters will get a preferred treatment in the political party of their parents. But that preferred treatment will not guarantee succession immediately after the parent disappears from the scene. Instead, sons and daughters will have to learn to wait and go through a period of political apprenticeship before becoming ready to take on leadership roles.
As things stand, both the UPA and the NDA may gain or lose 15-20 seats this way or that in 2009. In such a scenario, the role of the third pool of the non-Congress and non-BJP parties will become critical. The BSP is likely to lead the pack, even though Mayawati is not expected to go for pre-poll alignments.
In a major measure, Mumbai's municipal corporation has sent legal notices to 249 private primary schools asking them to shut down. The step threatens to disrupt the already inadequate educational scenario in the city, reports Hepzi Anthony.
US President-elect Barack Obama is a solid supporter of the growing Indo-US strategic partnership and backs the landmark bilateral nuclear deal, but has strong views about outsourcing of American jobs overseas, a cause of concern for Indian businesses.
After disappointing guidances in the first quarter (Apr-Jun) of the 2023-24 financial year (Q1FY24) and valuation downgrades, the Indian IT sector could see some positive repricing as the bad news for IT maybe easing in Q2FY24. A key negative factor was weaker demand from the US financial sector and from North America in general. The latest GDP (gross domestic product) estimates and sector-specific news suggest that the demand situation may not be quite so bad with a gradual recovery in tech spending in Q2.
Stocks of small- and mid-cap companies continued to gain ground in July, notwithstanding analysts sounding caution on these two market segments given the sharp run thus far in calendar year 2023 (CY23). Sanjeev Prasad, co-head of Kotak Institutional Equities, in a note co-authored with Anindya Bhowmik and Sunita Baldawa in June-end, had cautioned against the sharp run in small- and mid-caps. "We do not see any particular reason for the excitement in small- and mid-cap stocks.
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