ECONOMY & NATION


Amritha Pillay 12 August 2010
If the recent data on road-construction targets shared during the Lok Sabha session are anything to go by, the ministry of road transport and highways will be building lesser roads this year compared to 2009-10 The road targets set for total highway construction in the country for the current...

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Munira Dongre 11 August 2010
The key reason is capped gas output of Reliance. But GAIL has a few options up its sleeves to get growth going Gas Authority of India Ltd (GAIL) is the only gas stock that has not been outperforming over the last month or so largely because Reliance Industries has capped its gas production....

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Moneylife Digital Team 10 August 2010
Apart from lack of credit rating, experts point to a few more issues with infrastructure bonds, for which notification was issued last month A month ago the notification concerning issue of new infrastructure bonds was announced. A close reading points out to a few issues in the...

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Moneylife Digital Team 09 August 2010
The notification on infrastructure bonds which was issued last month curiously omitted to mention that these would have to be compulsorily rated The Centre has proposed to allow certain Non-Banking Financial Companies (NBFCs) to issue tax-free infrastructure bonds to ensure more finance...

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Veeresh Malik Veeresh Malik 09 August 2010
The payment processing industry as it stands today is steadily eating into India’s economic growth by deciding what we do with our money and with whom How would we as an independent nation, about to celebrate our 63rd Independence Day, react in the following hypothetical situations: The Indian...

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Moneylife Digital Team 06 August 2010
The pressure on liquidity appears to be easing now; but the second half of this fiscal is likely to witness renewed concerns on banks’ liquidity position For the moment, banks in the country are breathing easy, after witnessing prolonged suffocation on the liquidity front until a few weeks ago....

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Moneylife Digital Team 05 August 2010
Volumes climb to Rs63,782.46 crore in July compared to Rs54,404 crore in June; further upward momentum expected due to increased FII activity According to data released by the Securities and Exchange Board of India (SEBI), corporate bond trading volumes have climbed 17% at Rs63,782.46...

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Pallabika Ganguly 02 August 2010
A combination of the weekend, ‘Friendship Day’ and a single-window release has helped the movie to rake it in Once Upon A Time In Mumbaai, a film starring Ajay Devgn, has received a house-full response in most multiplexes in Mumbai. The movie has collected approximately Rs21 crore in the...

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Sucheta Dalal Sucheta Dalal 02 August 2010
Future Capital, the ailing retail financing venture of Kishore Biyani, is making another go at leveraging its large customer base to sell retail finance products and services Three years after he launched Future Capital Holdings (FCH), Kishore Biyani (founder of Big Baazar chain of retail...

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Reliance Power’s merger with RNRL will mean little to either company. It also underlines how wrong the market can be on a stock’s value On 4th July, the boards of Reliance Natural Resources (RNRL) and Reliance Power approved a merger between the two companies. Consulting firm KPMG valued RNRL...

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Electricity customers in Mumbai are dumping R-Infra for Tata Power While Reliance Power and RNRL are merging, around 1.5% of consumers of Reliance Infrastructure (R-Infra)—one of the providers of electricity to Mumbai—have deserted it, since they have a better choice in Tata Power Company...

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Purchasing from power exchanges has become more popular with States like Punjab and Uttar Pradesh purchasing huge volumes through this mode Over the past one year, more and more States have been coming on the exchange to purchase power. According to Central Electricity Regulatory Commission...

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Insurers will start measures such as differential pricing of insurance products on the basis of hospital categories, sooner than later Public sector insurers are toying with the idea of launching a separate cashless 'Platinum' policy for high-end hospitals in order to retain affluent customers...

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Moneylife Digital Team 27 July 2010
The central bank's move to hike repo and reverse repo rates by 25 bps and 50 bps respectively and reducing the width of LAF corridor to 125 bps, will put pressure on banks to increase deposit rates as well as hike auto, home and commercial loans The Reserve Bank of India (RBI) on Tuesday raised...

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Pallabika Ganguly 26 July 2010
The Ressex sales index shows no movement in the fourth quarter compared to the third quarter in the last fiscal. Especially, Hyderabad continues to underperform in terms of sales. The real-estate industry in Hyderabad is replicating the same scenario of lacklustre sales as of the Mumbai market...

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Power trading on the two power exchanges in India has been stagnant for the past six months. Volumes are expected to increase, only if more states agree to participate in the open access system. While, the prices of merchant power traded have been volatile at India's two power exchanges, growth...

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Veeresh Malik Veeresh Malik 26 July 2010
There are just three, maybe four, companies that dominate the payment processing industry worldwide. All located geographically within one part of the US, all doing exactly the same business of operating as middlemen in a foolproof business Look again in your wallet, purse, pocket-book. Try to...

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Over 99% of plastic, Internet and electronic money transactions in India by Indians — by value and number —are purely domestic. Then why is this crucial business handled only by foreign companies? Just for a moment, sit back and imagine an extreme scenario - it is the year 2010, in an...

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We have seen how over 99% of plastic, Internet and electronic money transactions in India by Indians are purely domestic. When will we finally get into this industry? Sure, State Bank of India has its own credit card. As do a variety of other banks, shops, airlines, oil companies — even the...

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Sucheta Dalal Sucheta Dalal  and   Debashis Basu Debashis Basu 21 July 2010
S Sridhar, CMD, Central Bank of India and chairman of the National Housing Bank, talks to Moneylife editors Sucheta Dalal & Debashis Basu on the vision that he has for NHB, and the need to free up housing finance for the underprivileged. This is the second part of a three-part series Sucheta...

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