Infrastructure sector has been discovered to pool in the largest chunk in GDP (Gross Domestic Product). This calls for a systematic and concentrated attention towards this field. However, this area has been often neglected despite [...]
Financial Services
Indias leading automobile manufacturer of sport- utility vehicles, Mahindra and Mahindra has recently launched a revamp at its tractor manufacturing business. This is considered to be a key step to sharpen its product line-up and [...]
Pepsico, the leading beverage and snacks food manufacturer announced on Monday its scaling of investments to around Rs 1,000 crore ($220 million) for the current year. This investment amount is estimated to be the biggest [...]
Due to low generation availability at Ratnagiri Power Plant, CERC (Central Electricity Regulatory Commission) has decided not to clear the plant’s proposal of hiking tariffs. Consequently, the subjects of financial restructuring and rehabilitation of the [...]
The most recent weapon being used by asset management companies to have corporate treasuries and HNIs (High Networth Investors) towards them are the customized mutusal fund schemes. Among the kind of schemes being presented by [...]
With the government to decide on the upward revision of oil prices by state run companies, private players (Reliance and Essar Oil) from the sector also seem keen on taking similar decisions. Among the mentioned [...]
The Rural development Ministry i thinking on converting wasteland into monocrop areas for taking the agricultural production up, which is believed to move up by 0.7% in 2008-09. The information came from Sisir Adhikari, rural [...]
Suzlon is weighing the option of selling its Hansen Transmissions stake (Belgian company) as part of its attempt to get away with Rs.12,000cr debt. Though a large portion of stake to be sold is being [...]
Companies included in top 100 taxpayers from Mumbai have shown a higher amount of tax payment for April-June quarter. This hints at improved earnings for these companies. The sources from Income Tax department said that [...]
Indicating plans to opting for the disinvestment route to generate revenues, the government asserted it is pondering to sale 10 percent of its stake in the navratna public sector company BHEL. When asked about whether [...]
