COMPANIES & SECTORS


Moneylife Digital Team 24 February 2012
New twist in ongoing tussle between two former partners A day after UAE-based Etisalat announced that it planned to sue Indian realty major DB Realty for “fraud and misrepresentation”, the latter has issued a statement saying no suit has been filed against them. A press release from DB...

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Moneylife Digital Team 23 February 2012
Prices may fall due to low offtake putting developers in a tighter spot While prospective home-buyers are keenly waiting for the tumble, developers may be losing sleep. With fewer registrations and failure of aggressive joint ventures, builders now have to concentrate on the consumer. A...

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Moneylife Digital Team 23 February 2012
NPAsource.com has done the study based on 6,359 units valued at Rs9,897 crore for the first 10 months of FY12 Tamil Nadu, Uttar Pradesh, Gujarat and Andhra Pradesh accounted for the highest value of non-performing asset (NPA) properties in 2011-12 according to a study by NPAsource.com, a...

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Moneylife Digital Team 22 February 2012
While the civil aviation ministry has destroyed Air India, bankrupt Kingfisher which is siphoning away the state-owned carrier’s passengers, is being supported by taxpayers’ money ! The saga of Kingfisher Airlines’ financial problems and its potential bailout exposes ugliest face of Indian...

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Moneylife Digital Team 21 February 2012
While Jet Airways or Air India did not voluntarily cancel their flights en masse,  Kingfisher seems to be doing it routinely. But what routes the hatred towards Kingfisher's brand ambassador, Dr Mallya himself?  With no wind beneath his wings, Dr Vijay Mallya is grounded. The more things...

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Anand Datla Anand Datla 20 February 2012
The litmus test of the newly-acquired market presence for Fire will come in the next two quarters as Amazon faces off against the arrival of Windows 8 tablets and the much anticipated iPad3 Apple might be beginning to feel the heat from Amazon, with the first signs of real competition emerging...

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Veeresh Malik Veeresh Malik 15 February 2012
Inland waterways have now opened up new avenues for moving vehicles and people One of the more interesting aspects of the automobile industry is the way vehicles are carried all over the world from factory to customer and for domestic sales in India. Two-wheelers have always been carried in...

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Moneylife Digital Team 10 February 2012
The DBOO has appealed to the new management to undo the damage done in the past three years by the previous team. This apart, the All India Bank Employees Association has appealed for merging Dhanlaxmi Bank with another public sector bank Dhanlaxmi Bank Officers Organisation (DBOO), the trade...

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Sucheta Dalal Sucheta Dalal 07 February 2012
Supreme Court verdict raises some questions Ratan Tata, chairman of the Tata group, who retires in 2012, certainly has plenty of great qualities that helped him ruthlessly consolidate a fragmented corporate empire and make it a global force. Yet, strangely enough, the over-sensitive...

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Moneylife Digital Team 03 February 2012
The rating agency forecasts that advertising growth would slow down over the course of the year due to moderation in economic growth and cost cutting by corporates Against the backdrop of a troubled economy, the media sector is in for a slowdown. According to an outlook report by Fitch, TV...

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Alekh Angre 02 February 2012
In just two months, the prices of onion tumbled by 52% due to excess supply and low off take The prices of onion have crashed by more 52% in the past two months due to excess supply across the country. Experts say that though the prices are in the favour of consumers, the government...

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Moneylife Digital Team 02 February 2012
The apex court cancelled licences of 11 telcos, including 21 of Videocon, 22 Uninor, 9 Idea, 3 Tata Tele, 13 Swan, 21 Loop and asked TRAI to come up with guidelines to allocate newer licences The Supreme Court on Thursday cancelled all licences given to 11 telecom companies issued after...

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Veeresh Malik Veeresh Malik 01 February 2012
Will we soon pay a toll for driving out of our own gates? Two rupees out of all the money we pay for every litre of diesel or petrol sold in India is set aside for making highways and roads. Add to that the money collected by way of road taxes, tolls, user fees, parking charges, permit fees...

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Fereshte Sethna 31 January 2012
The Vodafone tax case was conceded as a ‘test’ case, but diverse issues raised by the I-T department, who seek to render exigible to tax similar cross-border transactions, remain to be adjudicated on a case-by-case basis, including ‘treaty shopping’, which did not arise in the Vodafone case

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Ameet Patel 30 January 2012
The judgement has addressed the issues of certainty and stability in a fiscal system and has rightly identified the areas for improvement for the Indian legislature to boost the confidence of foreign investors. We would now have to wait and watch to find out how the revenue authorities react to...

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William Gamble William Gamble 30 January 2012
Commercial strings are always part of the deal. Reliance Communication’s loan was made easier by its power arm’s October 2010 order for $10 billion worth of energy equipment from Shanghai Electric Group, a deal also financed by Chinese state banks Last week it was announced that Reliance...

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R Vijayaraghavan R Vijayaraghavan 27 January 2012
I am not flatly saying, like many in the Left, that FDI in multi-brand retail will mean disaster for India. We have to be careful to take the good and keep out the bad. There are huge doubts about whether we can do it “When you sup with the devil, make sure you have a long spoon”. India would...

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Moneylife Digital Team 20 January 2012
The apex court’s decision in favour of Vodafone is expected to have a significant impact on the future of India-focussed investments and M&As Netherlands-based Vodafone International Holdings BV (Vodafone) on Friday received major reprieve from the Supreme Court of India, which ruled that the...

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Gurpur Gurpur 20 January 2012
In the face of stringent Basel III guidelines, banks have to take effective steps to meet these challenges and a series of strategies are required to be planned and executed by all the stakeholders to reach the goalpost in good time without any hiccup The draft guidelines on Basel III capital...

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Shukti Sarma 19 January 2012
Sales registrations down ‘only 9%’ y-o-y, PE investments coming back Possibly leveraging on healthy transaction numbers in the secondary market, Mumbai’s real estate in December showed positive signs, with only 9% decrease on a year-on-year basis, said a report by broker firm Prabhudas...

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