The slowdown would mainly affect the smaller real-estate companies while increasing the relative strength of some large players, the report said. "The slowdown will also aid the process of weeding out some of the weaker entities within the sector and
The company's revenue grew by 11 per cent to Rs 418.92 crore, against Rs 376.5 crore for the same quarter last financial year, GTL said in a statement. In July 2007, GTL sold its Enterprise Network and Managed Services business
Health is the second biggest component on the expenditure list of any family. But, still less than 10 per cent of the population in the country has health insurance," Chief Medical Officer of Apollo DKV C Chandrashekhar said. "Our tie
The famed Nano City project of Hotmail man Sabeer Bhatia, is all set to get a partner soon and that will be realtor Parsvnath Developers. As Sabeer arrives in India on July 10, final decisions will be taken about handing
India is one of the top three nations globally, where the company's chief executives believe the government is business friendly and are taking adequate steps to reduce regulatory burden on firms, a report says.
D & B Chief Operating Officer Kaushal Sampat said the firm, which started computing this index eight years ago, surveyed 350 small and big companies representing different sectors before arriving at the index figure. The index, which reflects the perception
The members of the apex body of the RBI, who were present at the meeting, included deputy governors, Rakesh Mohan, P Leeladhar and Shyamala Gopinath. Sinor said that the discussion largely included various aspects of the the current macro-economic situations
A KPMG, India analysis 'Indian aviation: Flying through turbulence' cites that air traffic in India is no longer a mere statistic but a phenomena that is based on the fact that people from every walk of life, demographic, ethnicity and
The state-run Mumbai Metorpolitan Region Development Authority would make available Rs 7,600 crore for the implementation of eight lanes Mumbai Trans Harbour Link project.
The mutual fund industry is finding it tough to offer equity-linked schemes in the current volatile market. MF companies, with little recourse, have lined up debt-oriented products which offer returns which are in tune with returns offered by banks' fixed
Goldman Sachs, an investment banking and securities firm, said in its latest report on real estate has observed that tightening bias in the monetary policy by RBI especially in the wake of increasing crude oil prices and double digit inflation
Battling with a surging inflation rate, the government has some reasons to cheer about as food production during 2007-08 is tipped to reach all time high of around 231 million tonne.
NHPC Ltd, the government-owned hydro-power company, has been told by its contractors that they will not work with the current escalation clauses of 7-8% per quarter at a time when prices of key inputs like steel, cement and fuel are
Top-tier IT companies are expected to report a decent sequential topline growth of 7.5% quarter on quarter Q1FY09. This will be largely driven by volume growth of 4-5% q-o-q and 20-22% y-o-y, with the rest coming from favorable currency movements.
The power ministry has ruled that the actual energy generated from the 740 mw Pallatana project will be distributed proportionately on the basis of allocation after taking into account the auxiliary consumption.
Sanjay Jha, NowPublic's South Asia Bureau Chief, won the award for television programme 'India's Promise', along with PBS Nightly Business Report colleagues Steve Washington, Darren Gersh and Dana Greenspon. "It is a tremendous honour to be the first Indian recipient
At a meeting held earlier on Thursday, the company's board has approved the buyback plan for purchasing shares worth up to Rs 1,100 crore (Rs 11 billion) that would come through internal resources. About a year ago, the company had
Mutual Funds continued to be net buyers to the tune of Rs 3,179 crore (Rs 31.79 billion) in the secondary market compared to a net buyer position of Rs 64 crore (Rs 640 million) in May, a study by fund
However, selling pressure at higher levels forced the index slip into the negative zone. The index dropped to a low of 13,764 - down 283 points from the day's high. The Sensex recovered some ground and finally settled with a
Corporate India is likely to witness a surge in private equity deals by the last quarter of current fiscal as inflation is likely to cool down and bulls are expected to be back in the stock market, as per PE