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The IPO was India's largest and one of the most successful IPOs in recent times. What would have been unthinkable until recently is now imminent, as the rupee continues its slide against the greenback. In October-November 2010, when the Union
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Prudential Life Insurance tells ET how investor sentiment and FII interest can be revived, and how India will react to the ongoing global and domestic crises, among other things...The RBI has acted boldly by reducing benchmark rates by 50 basis
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They state that capital gains arising from the transfer of shares or interest in a non-Indian company -- in case the share or interest derives directly or indirectly its value substantially from assets located in India -- will be taxable in the
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Saturday, said the board had given approval for raising the FII (foreign institutional investors) shareholding limit to 100 per cent...August, 2009, re due for exchange into equity shares on or before August 24.
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The capital market in the financial year 2011-12 went through a turbulent time as foreign institutional investors (FIIs) remained in the outflow mode for most of the year...Among the listed companies from Gujarat, denim king Arvind Ltd was the
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Expectations were running high on Dalal Street that the Union Budget 2012-13 would help clear the web of uncertainties surrounding Indias economy. All eyes were on Finance Minister Pranab Mukherjee to revive business sentiments and kick-start the
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In the fiscal 2011-12, the countrys merchandise imports totaled USD 488 billion against exports of USD 303 billion leaving balance of trade (BoT) of USD 185 billion. Against the backdrop of weak recovery in the US economy and continuing troubles in
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Given the all-pervasive gloom in Europe and the U.S., India still is an attractive destination for many. The sheer weight of the population adds up to this love for India. After a hectic two-day visit to Chennai, where Renault has a production
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There is a need to re-negotiate these pacts to deal with such situations," an official in the Ministry of Commerce and Industry said. Several global telecom firms, which had lost their 2G licences following a Supreme Court judgement, have slapped
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The rupee has touched an all-time low of moving closer to Rs 54 per dollar and the pressure on the Indian currency increases each time there is a percentage point drop in the BSE Sensex. The outflows by the foreign institutional investors (FIIs) are
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