RBI has changed the rules for the Gold Loan NBFCs. They now need to only lend upto 60% of the value of jewellery, with the change in "Loan-To-Value” ...
Railways Minister Dinesh Trivedi announces a hike in raild prices, and immediately Mamata Bannerjee, head of the Trinamool Congress (TMC) opposes it. The funny ...
Greece managed to get the “Private Sector Involvement” in a deal that restructures their debt, effectively making lenders forgive $100 billion euros. This ...
Subramoney on Losses in Real Estate Deals. (But success stories are equally incredulous. I have seen money doubled between a pre-construction purchase, waiting ...
Piramal Healthcare has sent me an email asking for a vote on a resolution for appointing Ajay and Swati Piramal’s son-in-law as an executive of the company. ...
The Subrata Roy led Sahara group, in a press release, has decided to sever all ties with the BCCI, India’s leading private cricket management body. They will ...
The Supreme Court has cancelled 122 licenses issued by then telecom minister A Raja to telecom companies, saying that they were granted in an arbitrary and ...
The Securities and Exchange Board of India, the market regulator, has upped the minimum investment in Portfolio Management Services (PMS) to Rs. 25 lakh. The ...
The week ended Jan 20th has seen the market up more than 9% for the month, in a recovery that is as stunning as it was unexpected. With 2011 going down more ...
Vodafone has won the case against the Income Tax department, with the Supreme Court ruling that the IT department has no jurisdiction to tax Vodafone. Vodafone ...
