Developers ’in need’ of getting rid of SEZs
Just before the slowdown, Special Economic Zones (SEZs) were the hot favourites of Indian corporates. Every other company was trying to get a foothold in the SEZ business. Now with the economic slowdown and liquidity crunch many of these developers are desperately trying to cancel or surrender their SEZs despite receiving formal approvals from the government for the same.

Major...

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  • Samsung launches solar powered mobile for Rs2799
    Samsung has launched a solar powered mobile handset in India, which is available for below 3 thousand rupees.

    Solar Guru has a photovoltaic panel at the back with which you can charge the phone. With one hour of charging, you can get about 5 to 10 minutes of talk time, but for a full talk time, you need to keep the phone in the sun for almost 40 hours. There is regular electric...

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  • What's Going On?

    How to make sense of the monster rally and what to do now? Debashis Basu provides the answers

    From the intraday low of 8,047 on 6th March of this year, the Sensex has rallied to hit 12,256 on 13th May. This was a monstrous rally that has caught everyone, including us, by surprise. Our last forecast in early March was to expect a weak rally. The move was so big that many large-cap stocks,...

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