To fab or not to fab...
Some conjecture that the government knows that there may not be a need to put in equity funds because there will not be private investments in India in fab. ...
Centre puts SWFs under the scanner
The Qatar Investment Authority is believed to be the next largest SWF with an estimated size of $60 billion. On the Indian side, other than the Prime ...
MNC offers Rs 1.36 cr at IIM placements
KOLKATA: Placement figures at the the Indian Institute of Management, Calcutta (IIM-C) seem to have dispelled fears of a global recession plaguing ...
Accruals, provisions and fair value
The confusing use of the term 'provisioning' in that context reflects the Indian practice of using the term 'provision' to also connote a reduction in the ...
No exposure to sub-prime credit market: PSBs
Since these are issued on behalf of established Indian corporates, these are secure investments to a large extent," Indian Banks Association Chairman and ...
India, Japan trade to touch $15 bn by 2010
Trade between India and Japan is poised to double by 2010 from the current $7.5 billion, according to the Confederation of Indian Industry (CII). ...
Indian Mutual Funds,
V. PHANI KUMAR'S THIS WEEK IN INDIA Sensex decoupling closer than ever
Furthermore, mutual funds and individual investors are believed to be sitting pretty on the sidelines with piles of cash, waiting for an opportune moment to ...
India framing 'investment law for real estate trusts'
Asked to pick up a "good investment tool" for average NRIs, he said, "Mutual funds are a safer bet for them. Mutual funds are less risky. In India they are ...
To avoid stock market volatility, should I try an index fund?
They also can be more tax-efficient, since there is less turnover in their investment targets than in most mutual funds. Let members of the Financial ...
Spanish co scouting for PSB partner to form JV
"We plan to enter the Indian mutual funds market through a joint venture with a PSB, most likely this year. We are in talks with two banks," BBVA's Asia ...
SEBI to reduce time lag between opening of an issue and listing
Sebi chairman CB Bhave told reporters after a board meeting in New Delhi that the fees payable by mutual funds, custodians and those who file offer ...
Indian Markets
Bang Overseas looks to the Indian market for its next phase of growth
The new partner is expected to help grow Thomas Scott in India apart from giving it an entry into its already established European and American markets. ...
Domestic market will drive future growth
How do globally successful firms extend in their success to the Indian markets? I would like to describe three key aspects that firms need to address to be ...
Emerging markets likely to grow
I believe foreign trade is going to slow down and it will have an impact on emerging markets like India and China. Though I don't believe yet that emerging ...
Market wipes off over $20 bn from 10 richest Indians' groups
After March five, when the list was published, there has been just one day of trading in Indian stock market - March 7, while the global markets have traded ...
India insurance
Terror insurance gaining ground in UP
Besides Oriental and New India, National Insurance Company and United India Insurance too, came out with such policies. The owners of the establishments who ...
Son of Indian immigrants a rising Republican star
Born in Baton Rouge in 1971 to recent immigrants from India's northern Punjab state, Jindal's career in this southern state once known for deep racial ...
TVS launches its first three-wheeler
TVS Motor has also tied up with general insurance companies United India Insurance, New India Assurance and National Assurance Company for free health cover ...
Kotak Life plans health product
Kotak Life Insurance which now has 110 branches in India is also targeting to expand its pan-India network to over 200 branches by March 2009", Patil added. ...
SC on Vinayaga case: Duty would depend on registration certificates
The Supreme Court last week upheld the judgment of the Bombay High Court in the case of Rexnord Electronics and Controls Ltd vs Union of India, ...
ING Vysya launches retirement solutions in Valley
The pension schemes launched by the different insurance and the financial companies in India are a business in vogue these days. "Savings for the retirement ...
SBI opens 10000th branch
The bank plans to open at least 2000 branches in rural India in the next two years. 10000th branch: The Union Finance Minister, Mr P. Chidambaram, ...
Spain's BBVA explores JV plans with India's public sector banks
credit cards and later, life insurance. "We plan to enter the Indian mutual funds market through a joint venture with a PSB, most likely this year. ...
SBI joins Chinese bank to touch 10000 branches
Public sector State Bank of India on Sunday became only the second bank in the world to have 10000 branches when ...
CVC recommends prosecution of 18 govt officers
... four from Department of Fertilisers, one each from Department of Telecommunications, MTNL and United India Insurance Company be prosecuted. ...
Indian Financial; Markets
Oil price hikes set off oil bond purchases – Indian financial expert
Speaking further Thorat said that in the past the development of the money market in India was hindered by the system of administrated interest rates, ...
Keeping turmoil out of markets
.. level of foreign exchange reserves and confidence level of foreign financial markets, have demonstrated the resilience of the Indian capital market. ...
If New York sneezes...
Still, even though the Sensex has dropped by 23 per cent from its peak level two months ago, and though the market plunged through last week, the Indian ...
Gold markets likely to witness volatility
Also, increased volatility in the world financial markets and a possible recession in the US economy could boost flight to quality buying in gold, ...
Decoupled or shackled together?
In other words, India's real economy can and is decoupled from a slowing US. But the financial markets are not. Perceptions of risk general, ...
India's SBI considering Malaysian ringgit bonds
The tenure and interest rate of the bond would be determined by the market, he said, adding that borrowing a smaller amount would not be cost effective, ...
Mostly losers in casino capitalism
"Market fundamentalism emerged as the dominant ideology in the 1980s, when financial markets started to become globalised and the US started to run a ...
Kuwait's Noor eyes energy firms in India, Singapore
Marri also said that Noor is the financial adviser for a consortium led by Kuwait's Ikarus Petroleum to buy 10 percent of a petrochemical company in ...
Safe haven
It is also successfully capturing the changing demographics in the Indian economy by way of its foray into high-end skin-care market viz., opening of Kaya ...
India Tax
IMF Nods to Spending Spree by Asian Countries Hit by US Slump
In India, tax collections have more than doubled since Prime Minister Manmohan Singh's government came to power in 2004. China's tax revenue climbed 31 ...
Pros likely to be allow to float VCFs in the future
In India, VCFs can be structured in such a way that they can function as tax-transparent entities, where original investors pay tax and not the fund's trust ...
Nanda, IT officer, CA arrested
The three others arrested include his son Sanjeev Nanda who is the key-accused in BMW hit-and-run case, deputy director (investigation) income tax ...
Industry welcomes tax cut on turbine fuel
For those in many parts of India, going to Singapore and Malaysia on a weekly tour package works out cheaper than opting for a holiday to a destination in ...
Tax tweak hurts RIL, spooks sensex
.. in India and the top-weighted stock in the 30-share sensex – could see its valuations plummet if the finance ministry fails to clear the air on a tax ...
Fringe Benefit Tax on ESOPs growing steadily
India Inc reacted with disappointment to the Finance Minister's sidelining of the FBT issue on ESOPs in this year's Budget. Several corporations, especially ...
Traders edgy over advance tax, Re may dip
Liquidity has been comfortable following the government expenditure, resulting in the central government's deposits with the Reserve Bank of India (RBI) ...
NRIs want tax rebates for donating to projects
.. terms of tax rebates to donors. "Indo-Canadian Friendship Society of British Columbia and its sister organisation India-Canada Village Improvement Trust ...
CBI arrests arms dealer Suresh Nanda
They were arrested in Mumbai on Saturday night by the investigative agency after registering a case against Nandas, Income Tax Deputy Director Ashutosh ...
India's climate change policy a hot topic Carbon footprints ...
It has had mixed success: On Friday the government announced tax cuts on buses, as well as on small cars and motorcycles. Others have called for stepped-up ...
