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Markets

Govt plans to ask PSUs sitting on cash piles to buy back shares

NEW DELHI: The government plans to ask state-run firms, sitting on huge piles of cash, to launch share buyback programmes to return money to shareholders as it gropes for ways…

November 7, 2011 / No Comment / Read More

Indian share markets volatility to continue as situation in Greece unfolds in coming weeks

MUMBAI: Indian share markets are likely to remain volatile as investors will look out for how the situation in Greece unfolds over the next few days. Any adverse news, especially in the…

November 7, 2011 / No Comment / Read More

Brokers may deduct 10% tax on transaction charges for online trading

MUMBAI: Share brokers may have to deduct 10% tax at source on transaction charges that they pay to stock exchanges for online trading, according to a court order. The…

November 7, 2011 / No Comment / Read More
Industries

Government planning new gauge to track industrial production and export growth every month

NEW DELHI: The government is planning a new gauge to track industrial production and export…

November 7, 2011 / No Comment / Read More

Retailers predict sales slowdown in coming quarters

The government hopes inflation will start softening from next month, but retailers don’t expect that…

November 4, 2011 / No Comment / Read More

Bulk drug exports excluded from bar coding

The Commerce Ministry has excluded bulk drug (active pharmaceutical ingredients) exports from the mandatory bar…

November 4, 2011 / No Comment / Read More

Diesel, LPG prices set to rise again

Time opportune before state polls as inflation seen moderating. The petroleum ministry is pushing for…

November 4, 2011 / No Comment / Read More

Higher sales in chronic segments boost revenue

Pharmaceutical companies with significant exposure to the chronic diseases segments reported higher growth in revenues…

November 4, 2011 / No Comment / Read More
Banking-Finance

Institutional support, higher yields to give liquid funds an edge despite deregulated savings bank rate

MUMBAI: The recently deregulated savings bank rateis likely to challenge dominance of liquid funds, but higher yields and larger institutional investor participation will give these funds a competitive edge,…

November 7, 2011 / No Comment / Read More

SBI says bank officers’ union defer strike

MUMBAI: State-run State Bank of India said on Monday a bank officers’ body has deferred a two-day nationwide strike it had earlier called for, restoring normal operations at the bank. The country’s…

November 7, 2011 / No Comment / Read More

Government to help SBI raise Rs 8000 crore to meet 8% core capital requirement

MUMBAI: The government is expected to facilitate the country’s largest lender, the State Bank of India, to raise Rs 8,000 crore by March’12 to meet 8% core capital requirement,…

November 7, 2011 / No Comment / Read More

LIC Housing sanctions more than Rs 100 cr in 3 days

LIC Housing Finance sanctioned over Rs 100 crore toward home loans during a three-day property exhibition that concluded in the city today, a senior company official said. The…

November 7, 2011 / No Comment / Read More

Make public details of loan settlements, CIC tells banks

The details of loan and other settlements entered by banks through a compromise with defaulting parties should be disclosed as it will help in their “transparent functioning”, Central…

November 7, 2011 / No Comment / Read More

SBI gives in to some demands, strike called off

The officers’ union of State Bank of India (SBI) has called off a two-day nation-wide strike that was to begin on November 8 after the management conceded to…

November 7, 2011 / No Comment / Read More

Growth in credit to priority sectors slows to 11.1% in Sep

Bank lending to the priority sector grew at a lower rate of 11.1% in September, against that in same month last year, on account of lower offtake by…

November 7, 2011 / No Comment / Read More
Real estate

Should one hold or sell residential property in a different city?

Bhuvanesh Verma is moving from Jaipur toDelhi with his family. Though he will be staying in a rented house, he plans to…

November 7, 2011 / No Comment / Read More

Builders should sell properties at current prices to avert loan defaults: HDFC’s Deepak Parekh

MUMBAI: Housing Development Finance Corp, the country’s largest mortgage lender, is nudging builders to sell properties at current prices to avert loan defaults.…

November 7, 2011 / No Comment / Read More

Post CCI verdict on DLF, is realty sector a service provider?

As the realty major DLF moves into the Competition Appellate Tribunal (COMPAT) to challenge the Competition Commission of India’s (CCI’s ) penalty of…

November 4, 2011 / No Comment / Read More

Unitech’s Nirvana Suites: Office space for you to ‘plug and play’

Simply step in and start work at your new office’ . Sounds good, doesn’t it? At Unitech’s Nirvana Suites in Nirvana Courtyard…

November 4, 2011 / No Comment / Read More

NCR hot property for weddings

NEW DELHI: This wedding season, people are desperately scouting around for a venue. With slots in most of the farmhouses, hotels and…

November 3, 2011 / No Comment / Read More

Tata to Nano town, let’s go to Maruti dham; From Sanand to Becharaji realty zooming northwards

BECHARAJI: Two months ago, a media baron from Ahmedabad bought 240 bighas of land near Mahakali temple in Sitapur village, adjacent to…

November 3, 2011 / No Comment / Read More
Companies

Thai floods disrupt Indian auto firms’ ops

Tata Motors, India’s biggest vehicle maker by revenue, is being forced to suspend work at its plant in Thailand where it makes the stylish single and double…

October 30, 2011 / No Comment
Events

InterMachinery India 2010

Event Profile Intermachinery India is the international trade show bringing the best in the industry to a common trading platform. This is the first professional machinery trade…

May 13, 2010 / No Comment
Consultancy

Silver prices may rise in the late evening session: N Prasad, Safetrade Advisors

N Prasad, CEO, Safetrade Advisors in an interview with ET Now talks about his investment strategy for silver. What is your view on silver? Silver has been sold…

October 1, 2011 / No Comment
Energy

US agency OPIC to provide $150 mn to India for solar powered telecommunication towers

A US agency has announced to provide a financial assistance of USD 150 million toIndia to expand use of solar powered telecommunication towers. The decision by the Overseas Private…

October 1, 2011 / No Comment
Health & Drugs

Bulk drug exports excluded from bar coding

The Commerce Ministry has excluded bulk drug (active pharmaceutical ingredients) exports from the mandatory bar coding, which came into effect last month, based on the industry plea…

November 4, 2011 / No Comment
Oil-gas & Petroleum

Diesel, LPG prices set to rise again

Time opportune before state polls as inflation seen moderating. The petroleum ministry is pushing for another hike in diesel and domestic LPG prices and an empowered group…

November 4, 2011 / No Comment
Retail & services

Retailers predict sales slowdown in coming quarters

The government hopes inflation will start softening from next month, but retailers don’t expect that to translate into better sales for them immediately. Most retailers expect a…

November 4, 2011 / No Comment
Appliances & Electronics

FMCGs join Auto rush to set up units in Gujarat’s Sanand

Sanand, the emerging auto hub of Gujarat is all set to get the reputation as the industrial hub as well with companies from FMCG, consumer electronics, electrical…

August 23, 2011 / No Comment