INVESTOR INTEREST


RTGS, which was designed to provide real-time settlement of payments, is failing to do so due to crashing and hanging of servers across banks The growing incidence of real time gross settlement (RTGS) servers hanging or crashing across banks has resulted in a delay in transactions, so much so...

Read More



Sanket Dhanorkar 09 December 2009
There is no unanimity among the representative body and mutual fund players on what ought to constitute common operational policies There is a simmering discontent brewing among a large number of funds that are part of the Association of Mutual Funds in India (AMFI), with the way the industry...

Read More



Sanket Dhanorkar 09 December 2009
There is no unanimity among the representative body and mutual fund players on what ought to constitute common operational policies There is a simmering discontent brewing among a large number of funds that are part of the Association of Mutual Funds in India (AMFI), with the way the industry...

Read More



Scooters have not been selling according to Bajaj Auto’s expectations. The company is making hardly 1,000 scooters a month now—mostly for exports—and now wants to focus only on motorcycles Bajaj Auto, once known for its scooters which revolutionised the two-wheeler market in the country,...

Read More



Swapnil Suvarna 09 December 2009
The Sensex closed at 17,125—102 points down from the previous day’s close—while the Nifty declined 36 points, ending the day at 5,112. During the day, auto stocks surged on the back of robust sales figures for November 2009. Bajaj Auto rose 2% on reports that the company’s total vehicle...

Read More



From next year, workers in the IT category will need to have one year’s experience with their employer instead of six months at present, before they can be transferred to the UK Britain has tightened immigration rules from January 2010 for Indian information technology (IT) professionals...

Read More



Amritha Pillay 09 December 2009
The utilisation rate for land oil rigs has been constantly rising. Analysts believe that the utilisation rate for offshore rigs has also started to improve The operational utilisation rate of oil rigs worldwide has been constantly rising. Though this rise is mainly driven by an increase in...

Read More



LyondellBasell and RIL late last month disclosed a "preliminary non-binding offer" by the Indian company for taking a controlling interest in the world's third largest independent petrochemical maker. Going by industry sources, Reliance Industries' bid could be more than $12 billion Amid...

Read More



The original copy of a record is to be maintained till trial or investigation proceedings have concluded, instead of the current practice of keeping papers only for five years, the market regulator has said Market regulator Securities and Exchange Board of India (SEBI) on Wednesday asked...

Read More



India is one of the fastest-growing aerospace markets in the world, driven by continued economic growth, resulting in growing passenger traffic and domestic aircraft demand The rapidly-expanding aviation sector of India can absorb as much as $120 billion in investments by the year 2020, civil...

Read More



In the automotive industry, where globalisation and diversification proceed in parallel, both VW and Suzuki are planning to establish a cooperative relationship while respecting each other’s independence as a stand-alone entity Europe's largest car manufacturer Volkswagen Aktiengesellschaft...

Read More



GM’s China partner can drive the fortunes of GM India. The ramifications can be huge for the auto sector—and the country—at large General Motors, GM, is slated to give up a crucial 1% stake of its China passenger-car venture to its partner SAIC, the state-owned Chinese automaker....

Read More



Swapnil Suvarna 08 December 2009
Talks of boost in government spending uplift Indian market sentiment The Sensex gained 245 points from the previous day’s close, ending the day at 17,228, while the Nifty closed at 5,148, up 81 points. Reliance Industries Limited (RIL) is reportedly in talks with more than a dozen banks to...

Read More



Sanket Dhanorkar 08 December 2009
Both the BSE and NSE recently announced their own MF trading platforms, immediately after SEBI gave its nod for introducing stock exchange based trading platforms for MFs (first reported by Moneylife). This has come as a delight to the broker community as they now stand to gain from another...

Read More



Sanket Dhanorkar 08 December 2009
Both the BSE and NSE recently announced their own MF trading platforms, immediately after SEBI gave its nod for introducing stock exchange based trading platforms for MFs (first reported by Moneylife). This has come as a delight to the broker community as they now stand to gain from another...

Read More



Ravi Samalad 08 December 2009
Ambiguity in the tax structure and inefficient functioning of the Limited Liability Partnership (LLP) portal are the two factors that have made it difficult for lawyers to register these arrangements Despite lower cost of formation and reduced compliance requirements, the LLP Act—enacted in...

Read More



Justice JS Verma says such quasi-judicial orders can only be reviewed and quashed “by a judicial forum with requisite jurisdiction, at the instance of a petitioner with standing to seek relief.” Justice JS Verma, former Chief Justice of India and one of the most respected names in the...

Read More



Amritha Pillay 08 December 2009
NHAI has announced the lowest bidders for 12 road projects across the country and will soon award the same to the selected contractors The National Highways Authority of India (NHAI) has completed the bid-evaluation process for 12 projects having a total length of 1,084 km and for a value of...

Read More



After selling stake in NDTV Good Times to Scripps Networks, the Prannoy Roy-led TV network is again selling its majority stake in NDTV Imagine to Turner Asia Pacific Media company New Delhi Television Ltd (NDTV) on Tuesday said that it has entered into a pact with Turner Asia Pacific for...

Read More



After selling stake in NDTV Good Times to Scripps Networks, the Prannoy Roy-led TV network is again selling its majority stake in NDTV Imagine to Turner Asia Pacific Media company New Delhi Television Ltd (NDTV) on Tuesday said that it has entered into a pact with Turner Asia Pacific for...

Read More

Free Helpline
Legal Credit
Feedback