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First off the block after FDI cap hike — Hindujas seek nod to hike holding in IndusInd
WITH the Union Cabinet permitting up to 74 per cent foreign direct investment (FDI) in the banking sector from January this year, the Hindujas are the first to take advantage, having approached the Government to increase FDI holding in IndusInd ...
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Primary market raises Rs 17,665 cr this fiscal
WITH stock indices touching their all-time high levels this year, the primary market has created a new record in the history of Indian capital market by raising over Rs 17,500 crore in the current fiscal through public issues of equity shares. ...
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Ten, DD may go for out-of-court settlement
A DAY before the Supreme Court gives its verdict, the Dubai-based Ten Sports Chief, Mr Abdul Rehman Bukhatir, said that the channel will share the rights with the national broadcaster for the second match being played at Rawalpindi safeguarding ...
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Outsourcing backlash a blessing in disguise for IT cos?
THE National Association of Software and Services Companies (Nasscom) may not want you to hear this, but all the election-time brouhaha over outsourcing may actually spare Indian companies a lot of slogging involved in marketing the country's IT ...
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StanChart opens global MF doors to India
INDIANS can now invest in international mutual funds which invest in fixed income, gold and real estate markets spanning various countries ranging from the US, Latin America, Poland, China, Korea and more. Standard Chartered Bank on Tuesday ...
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Global delivery model is working fine for Infosys — Nilekani lists challenges ahead
INFOSYS Technologies is banking on the global delivery model to continue to deliver as it gears up for the next phase of growth, according to Mr Nandan Nilekani, CEO and Managing Director. For a company, which is on the threshold of becoming a ...
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GMDC: A highly undervalued `disinvestment candidate'
THE stock of Gujarat Mineral Development Corporation (GMDC) has been ruling steady in an otherwise volatile market. Rumours of the company being a disinvestment candidate have been dogging the counter for a while. "There is talk that ...
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