In your interest.
Online Personal Finance Magazine
No beating about the bush.
The Indian economy has emerged somewhat unscathed from the fury of a global recession. The latest reading on the Index of Industrial Production (IIP) has recorded 6.8% increase over July 2008, indicating robust industrial performance. The estimated gross domestic product (GDP) growth in the June quarter was 6.1% over the corresponding quarter last year. More significantly, markets have...
Is NDTV about to change hands?
The buzz is getting louder that New Delhi Television Ltd (NDTV) will change hands. The likely new owner would be Malvinder and Shivinder Singh (erstwhile owners of Ranbaxy) who now control Religare, a financial services conglomerate, and the Fortis chain of hospitals. The Singhs have just picked up another weak prey—10 hospitals from the Wockhardt...
It is well known that most media companies, especially those which have launched new nationwide newspapers and TV channels, are bleeding. How bad is the situation? Thanks to the planned initial public offering (IPO) of the Dainik Bhaskar group (DB Corp), we know the losses at DNA which blew up tens of crores on launching a pedestrian daily in Mumbai in 2005 and followed it up with the further...