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Govt may do away with lock-in period for FDI in real estate
Dept of Industrial Policy and Promotion framing new rules. Setting the stage for easier FDI norms in the real estate sector, the Government is considering a proposal to do away with the three-year lock-in stipulation for repatriation of foreign ...
JSW Energy to raise Rs 2,700 cr through IPO
Mumbai, Nov. 23 JSW Energy, a wholly-owned subsidiary of the JSW Group, plans to raise Rs 2,700 crore through an initial public offering. The issue is scheduled to open on December 7 and close on ...
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TODAY'S PICK (Latest Audio: English/Tamil)
Indian Bank (Rs 171.4): Buy
We recommend a buy in Indian Bank stock from a short-term perspective. It is evident from the charts of the stock that it has been on an intermediate-term up trend from its March low of Rs 63. In mid-September, it conclusively broke out of ...
Day Trading Guide
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Reliance opts for consent route to settle RPL insider-trading issue
Reliance Industries has filed for consent terms with SEBI to settle the regulator’s proceedings against it for alleged insider trading in shares of Reliance Petroleum in late ...
Credit card volumes shrink as banks turn cautious
DEFAULT EFFECT. Mumbai, Nov 23 With many banks closing inactive and unproductive accounts in their credit cards portfolio, the total credit card base in India could shrink by 8 per cent to 2.26 crore by March-end 2010 compared with 2.47 crore ...
Hybrid vehicles may cost less as Govt mulls import duty cuts
New Delhi, Nov. 23 For those looking to buy environment-friendly cars but have been deterred by the high prices, there is some good ...
Mission aims to bring solar power to grid price levels by 2022
NTPC arm to purchase power from solar producers. The Jawaharlal Nehru National Solar Mission — ‘Solar India’ — envisages bringing about price parity between solar and grid power by 2022 when the Mission ...
Marketmen give thumbs-up to Reliance proposal
Deal has potential to offer significant size advantage: HSBC. Mumbai, Nov. 23 Reliance Industries Ltd (RIL) was among the top gainers on the bourses as the scrip rose on the back of last week’s news of the company submitting a non-binding ...
Punjab, Haryana buck all-India rice decline trend
Production and procurement up despite drought. New Delhi, Nov. 23 The country’s kharif rice production may be down almost 18 per cent this year – 69.45 million tonnes (mt) against last year’s 84.58 ...
Market volatility poses valuation problems: IRDA
Guidance note soon on migration to Basel II norms. Bangalore, Nov 23 The Insurance Regulatory and Development Authority (IRDA) has indicated that migration to the marked-to-market regime for investment valuation is posing ...
Active monsoon conditions over south TN, Kerala
North-East monsoon has been active over south Tamil Nadu and Kerala during the last 24 hours ending Monday morning, according to an update from the Chennai ...
LyondellBasell could propel RIL to top league
Enable expansion of footprint in US, Europe’s fuel markets. Reliance Industries’ (RIL) preliminary non-binding cash offer to acquire controlling stake in bankrupt Dutch petrochemical major LyondellBasell (LB) holds significant ...
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