DLF will use its IPO proceeds in part to acquire land, complete on-going projects and retire debts.
'The RBI is something like a seat belt. As a driver, the driver being the government, it has the possibility of not putting on a seat belt but of course if you do not put on your seat belt you get into an accident and the accident can be quite severe,' Raghuram Rajan told CNBC TV18. 'The aim of the board is to be Rahul Dravid -- sensible, thoughtful and not, with due respect, Navjot Sidhu,' he added.
Empowered committee of state finance ministers on value-added tax has sought to allay fears of traders that the new tax system will lead to increase in prices, stating that the worldwide experience did not support this apprehension.
The job advertisement says applicants should have 'at least eight years' experience running a highly-regarded nation'.
There is nothing that is guaranteed in the world of television and loyalty is pretty fickle
Reliance Infocomm has started its broadband operations with the launch of Digital Electronic News Gathering service that enables TV channels to broadcast quality news video from a remote location to the studio directly.
"If Pakistan thinks that only the Hurriyat represents the people of Kashmir, then there is something fundamentally wrong with their understanding of realities in J&K."
It is also considering to hike FDI cap for public sector from 20 per cent to 49 per cent
The total revenue in the September quarter grew 14.5 per cent to Rs 3,451 crore
Anil Khandelwal, Chairman of Bank of Baroda, expects a 25% credit growth in FY07. He says that BoB did not bid for UWB due to their existing presence in Maharashtra. He adds that the UWB branches will give IDBI good reach and size.
Franklin Templeton has won the mutual fund of the year award instituted by CNBC-TV18 and rating agency CRISIL.
The government on Saturday said it would create a third trading platform to revive the regional stock exchanges which have been hit badly after the rapid growth of Bombay Stock Exchange and National Stock Exchange.
CK Narayan of ICICI Securities says that the Sensex could dip to 9,000 levels by December.
Sources suggest that Sony TV may have finalised a deal to pick up 50 per cent in Dubai based sports channel, Ten Sports, reports CNBC-TV18.
Shankar Sharma of First Global says that earnings for HPCL, BPCL can quadruple, factoring in oil bonds.
Valuations are in our favour. Markets should find a way to go higher.
However, if you carry on the business of buying and selling the agricultural land then in such a situation you will be required to make the payment of tax on such profit.
Asked whether Islamabad was ready to postpone for sometime the expert-level talks slated for next week since the new government might seek some time, Kasuri said, 'We are realistic.'
Uber may be in the midst of a major controversy over a rape incident in India, but Infosys' CEO Vishal Sikka feels that digital services like this app-based taxi provider have huge potential in the country.
The Securities and Exchange Board of India is working on building a strong business platform for scalability and improving the quality of intermediaries, Chairman G N Bajpai said on Saturday.
He did a volte-face on his stand against the Muslim community and Congress president Sonia Gandhi.
India Inc has learnt to take risks and compete with global players to create wealth, industry experts said on Monday.
