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Market crash-Part II: the RBI and government should join hands 16 Aug 2013 | 05:32 pm
Walking different paths has done them or the country no good. The RBI and the government need to cobble together a series of sensible policy measures to calm investors and restore normalcy in financia...
Market crash-Part I: Inspire confidence and not fear 16 Aug 2013 | 04:56 pm
Stock markets fell by 4% while the rupee crossed Rs 62, as investors became wary after the RBI’s decision to limit dollar outflows. The government and RBI need to reassure investors they can tackle a ...
Govt hikes gold and silver duties 14 Aug 2013 | 11:22 am
The government is making gold and silver more expensive to purchase, but will it be enough? The festive and wedding season lies ahead and consumers are unlikely to flinch from buying jewellery even at...
M&M to take over trucks from Mahindra Trucks and Buses 12 Aug 2013 | 07:59 pm
M&M’s plan to acquire the trucks business from its subsidiary may have an operational logic to it as well as tax benefits from the subsidiary’s accumulated losses Mahindra and Mahindra (M&M) is plann...
Asian Paints buys 51% in kitchen company Sleek for Rs 120 crore 8 Aug 2013 | 04:48 pm
Asian Paints said that it has completed the acquisition of a 51% stake in Sleek International, a company that sells customised kitchens, for Rs 120 crore. The current owners will continue to run the s...
India's automobile sales for the month of July 2013 1 Aug 2013 | 08:21 pm
A look at the automobile sales numbers for the month of July 2013, in graphic form. Ashok Leyland read more
What does the US Fed statement mean for Indian markets? 1 Aug 2013 | 02:14 pm
The US Fed spooked markets in June by mentioning the dreaded ‘taper’ word. This time, it kept its cards close to its chest, keeping investors happy but also left them guessing on the timing of its tap...
Vivimed acquires Actavis drug facility for Rs 122 crore, gets US generic entry 1 Aug 2013 | 10:57 am
Vivimed Labs is buying a drug manufacturing facility from the Actavis, giving entry to the lucrative US generic drugs market Vivimed Labs is acquiring a drug-making facility in India, that comes with...
Pipavav Defence to raise $150 million on LSE 31 Jul 2013 | 02:17 pm
Pipavav Defence and Offshore Engineering is planning to raise funds to strengthen its balance-sheet, invest in subsidiaries and also plans to list on the London Stock Exchange Pipavav Defence and Off...
TRAI proposes FDI hike for news channels, FM radio and carriers 30 Jul 2013 | 11:36 pm
The TRAI has proposed an increase in the sectoral FDI caps for the broadcasting industry, which will benefit news channels, FM radio operators and carriers. The Telecom Regulatory Authority of India ...
