COMPANIES & SECTORS


Moneylife Digital Team 05 February 2014
The Tribunal asked governments of Maharashtra, Gujarat and Goa to have regular vigil in the coastal areas and arrest illegal sand mining in the area, which falls within the CRZ The National Green Tribunal (NGT) has asked state governments of Maharashtra, Gujarat and Goa to instruct...

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Moneylife Digital Team 05 February 2014
Satya Nadella is taking over at a time when Microsoft, the world’s largest software company, is expanding its focus to devices and cloud infrastructure   Software giant Microsoft has appointed Hyberabad-born Satya Nadella as its new chief executive officer (CEO). Nadella would replace...

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Moneylife Digital Team 05 February 2014
The funding would help the MFI to meet growing demand from customers for range of products and services including insurance, mobile loans, loans for solar lights in addition to micro credit, SKS Microfinance says SKS Microfinance, the largest microfinance non-banking finance company...

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While negotiating with suppliers from Qatar, it would be in the long term interest for India to invite them to be a joint venture partner in one or more of the LNG terminals in the country A couple of weeks ago, Moneylife carried a story on the developments of LNG industry in the...

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Moneylife Digital Team 03 February 2014
Eight telecom operators, including Bharti Airtel, Vodafone and Reliance Jio Infocomm, are in the fray in the auction from which the government expects to garner at least Rs11,300 crore The third round of the telecom spectrum auction opened on Monday with bids pouring in for all 22...

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Shambo Dey 30 January 2014
An Indian subsidiary of a foreign company may remain private by its own choice as far as its internal matters are concerned such as not inviting public to subscribe in shares. But in the eyes of law, it will be public This article analyses the relevant sections of the old and new...

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Moneylife Digital Team 30 January 2014
The political and currency crises of Latin America and Turkey are likely to affect Indian companies, notably Bajaj Auto, United Phosphorus and Aban Offshore. Even engineering goods, pharma and auto companies are likely to be affected Credit Suisse has come up with a research note on the...

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Under the auction of the new licensing policy, bidders can look for all types of hydrocarbons, such as gas, oil, coal bed methane or shale Two weeks ago, during the Petrotech 2014 meet at Noida, petroleum minister Veerappa Moily gave some details of the new auction planned, where as many...

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The government must dole out incentives at the earliest, else the farmer may be forced to reconsider if it is worthwhile for him to continue with producing sugarcane or go in for other crops The Indian sugar industry has carried over a large stock of 85 lakh tonnes from the last season....

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Moneylife Digital Team 28 January 2014
Mobile operators can trade spectrum which they have bought through auction or have paid market price as per the guidelines issued by telecom regulator TRAI The Telecom Regulatory Authority of India (TRAI) on Tuesday cleared the spectrum trading guidelines that would allow mobile...

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Any action that prevents the mining operation in Odisha will greatly hamper the country's export and the domestic market Justice MB Shah Commission's report on the illegal mining activities going on in Odisha, submitted recently, has been put on the backburner, for the time being, as the...

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Moneylife Digital Team 27 January 2014
According to a Thomson Reuters survey on constituents of conduct risk, culture came out on top (76%), closely followed by corporate governance (74%), then conflicts of interest and reputation (both at 68%) The findings of a new survey has shown that although conduct risk has become one...

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A non-approved pipeline laid by Gujarat Gas Petroleum threatens to sideline gas supply. Is Gujarat Gas another victim of MoEF vague rules? It is sad to note that the Gujarat State Petroleum Corporation's $1.8 billion project, which has the potential to produce an estimated 5.7 million...

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Moneylife Digital Team 24 January 2014
Ranbaxy Laboratories shares plunged nearly 20% on Friday after US FDA banned drug imports from its Toansa plant in Punjab Ranbaxy Laboratories (Ranbaxy) shares prices plunged 20% on Friday and hit an intra-day low of Rs334, after confirmation the US Food and Drug Administration (USFDA)...

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Did regulatory red tape choke KG-D6 output? DGH being itself the party challenging the claim made by Reliance cannot be the mediator to resolve the dispute! In 2010 the output of KG-D6 and MA fields of Reliance was around 61 mmscmd, which began to fall, instead of reaching the original...

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Considering the high fare structure applicable today among airlines in India, even this short period given for slashed and discounted rates would bring some relief for many passengers In a startling move, SpiceJet fired the first salvo in the aviation price war, by reducing its rates by...

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Even the so-called middle-class regularly depends upon street corner kirana shops, as much as they trust and buy from push-cart vendors who make door-to-door sales According to the recent government estimates, blocking of retail foreign direct investment (FDI) in India will actually rob...

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Moneylife Digital Team 21 January 2014
In less than one month, in January, foreign institutional investors have invested heavily in Indian debt on the back of a stable currency and that policy rates will be left unchanged Foreign investments have once again started to flow in to Indian debt investments. After six consecutive...

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Indian government needs to review factors affecting LNG opportunities very seriously and ensure when adequate gas production is reached at domestic level, first priority should be for both agriculture and power generation so that a lot of subsidy burden can be reduced In order to produce...

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Moneylife Digital Team 17 January 2014
Volumes across most UV brands fell in December as a sharp sales drop was seen for urban SUVs – Ertiga, Duster, Ecosport, Terrano, while sales held up for XUV500. In power bikes, Yamaha’s FZ gained share smartly while Bajaj Pulsar witnessed the sharpest decline in volumes Auto sales in...

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