COAI seeks uniform 1% of AGR as license fee and to de-link USO levy from the revenue share license fee and to deal with USO separately
Satyam, which incorporated its sports division in 2007, will offer value-in-kind.
The government has written to market regulator SEBI saying Cairn Energy Plc's deal to sell majority stake in its Indian arm to Vedanta Resources does not yet have its approval, a condition contingent for the $8.48 billion deal to consummate.
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
Minister of State for External Affairs Shashi Tharoor, who is embroiled in a row over the ownership of Indian Premier League's Kochi franchise, on Sunday met Prime Minister Manmohan Singh apparently to explain his position on the issue.
Satyajit Gaikwad, who has been eased out as spokeperson of the Kochi IPL team, speaks of the behind the scenes activity before and after the Kochi team won the IPL bid in an exclusive interview.
BCCI's media and finance committee chairman and Congress M P Rajiv Shukla on Friday defended junior foreign minister Shashi Tharoor on the Indian Premier League's Kochi ownership row, saying that there was 'no reason to disbelieve him'.
The Bharatiya Janata Party on Tuesday demanded the sacking of Minister of State for External Affairs Shashi Tharoor in the wake of controversy over Indian Premeir League's Kochi team ownership.
Team owners and their friends are seen cheering their teams at all IPL matches. We give you a glimpse of the atmostphere in the stands.
Buying a used vehicle is a lot more complicated. Not only do you have to worry about its condition, you also have to think about whether the price you are offering is anywhere close to its true value, reveals Sanjay Kumar Singh.
May include 'influencing a company's major policy decisions' in the current meaning.
Hero Honda, India's largest two-wheeler maker, could see a change in ownership as the Delhi-based Munjal family seeks to buy the stake held by partner Honda Motor Company of Japan in the joint venture. The Indian promoters are reportedly talking to private equity (PE) players to raise the money needed to buy the 26 per cent stake held by Honda Motor.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
Minister of State for External Affairs Shashi Tharoor himself may not be a stakeholder but the lady he is reportedly planning to marry is part of the consortium which owns the Kochi franchise of the Indian Premier League, revealed IPL commissioner Lalit Modi.
Out of 97 global cities, Mumbai and Delhi are currently ranked at 21 and 33, respectively.
Instead of the minority stake they held earlier, now they have controlling stake in many firms
The order, a "negative" overall, will be a short term positive for corporate focused state-run and private lenders because of the possibility of delaying incremental stressed asset recognition.
While, Mahasabha plea seeks 'limited review' of the verdict, another review plea has been filed by activists.
It is also considering to hike FDI cap for public sector from 20 per cent to 49 per cent
The Royal Enfield Himalayan might boost the motorcycle touring culture in India with its off-road prowess and affordable cost, says Indian automobile website MotorBeam.
The voting rights with the promoter will ensure the interests of the promoter family as well as minority shareholders are protected in future, said corporate governance advocates and corporate lawyers.
Bharti Airtel Ltd, India's top telecommunications carrier, said on Friday it had bought out Qualcomm Inc's stake from a fourth-generation (4G) broadband joint venture in the country, taking full ownership of the business more than a year earlier than planned.
Writing in the United Kingdom's 'Financial Times' newspaper on Tuesday, the minister sought to counter criticism over Prime Minister Narendra Modi-led government's announcement over the "anachronistic provision" last month, which he said had resulted in socio-economic injustice due to the inability to apply national laws in Jammu and Kashmir.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company.
True, Azam Khan is being targeted rather disproportionately and also because of his Muslim identity. That must be protested and resisted. But to say that he is a big messiah, and his profit-making educational enterprise is an issue concerning all Muslims of India, is absolutely unjustified, assert Mohammad Sajjad and Md Mohammad Zeeshan Ahmad.
The finance ministry is resisting pressure from other departments to cap foreign ownership of domestic drugmakers, fearing such a move would discourage potential investors, a senior ministry source said.
According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.
The real estate buzz is so loud that you could not have missed it. Go ahead and buy if it's your first house. But Wait, if investment is your purpose.
Developers will now be able to get their land classified as an SEZ at the initial stage of approval by submitting legal documents that prove land ownership. With exports falling sharply in the last six months, faster development of SEZs is seen as one way of increasing overseas sales of Indian goods and services, an official said.
The airports chosen for operation, management and development through a public-private partnership model are those in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
'Petrol cars, which constitute the majority, do not contribute to the 2.5 PM emissions as petrol used in the country is of higher quality.'
Since the Pulwama terror attack the international community has stood by India, the MEA spokesperson said.
The admission comes as it seeks to ensure approval of the deal by Indian regulators under restrictive foreign investment laws.
'What is true khadoos? Stubborn? Dogged? Unyielding? Relentless? Or something in between that? Or all of it together?' 'Just like you can't translate it, you can't teach a kid to be khadoos either. You can only inculcate that attitude in him by sharing stories of all the khadoos-ness of past stalwarts.' 'For instance, the story of Sunil Gavaskar batting left handed to counter the left-arm spin of Raghuram Bhat and salvaging a draw in the 1981-1982 Ranji Trophy semi-finals...' Rahul Dravid on Cricket's Great Oral Tradition.
However, this was subject to conditions like substantial ownership and effective control of the airline being vested in Indian nationals.
The Congress, however, dismissed it saying that the BJP was levelling baseless charges as it sensed imminent defeat in the Bihar assembly elections.
Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
Hyundai, which is also toeing Maruti's lines, said special schemes are offered to engage the cab aggregators, including annual-maintenance-contract packages and extended warranty.
