The Government may retain these rates and wait for DTC to come into force in April,2012.
Facebook is generating profits at a faster-than-expected rate,and will likely attract so many investors this year that it will have to disclose financial data similar to a publicly traded company by April 2012,according to a document distributed by Goldman Sachs.
Observing that Rajesh Sharma,chairman and managing director of city-based firm Money Matters,seemed to be the "kingpin" in the multi-crore kickbacks-for-loans scam,the Bombay High Court today rejected his bail plea.
Even if Citis top managers were not involved,theyre clearly guilty of sleeping on the job.
The Supreme Court said it Would waive the 1% court fee on the Income Tax Department.
Leading rating agency CARE expected the improvement in yield on advances to outpace the growth in cost of deposits in the banking industry.
In his weekly radio and Internet address on Saturday,the vacationing President said recent data showed the economic recovery was gaining traction even as millions of Americans are still out of work.
Auto sales zipped ahead in December,with Tata Nano posting a smart turnaround. During the month,5,784 Nano units were sold,a jump of 60% over December 2009. In contrast,only 500 Nanos were sold in November.
Close on the heels of a petrol price hike,compressed natural gas rates have been revised upward to Rs 29 per kg in the national capital with effect from Sunday midnight.
Krishnamurthy Vijayan,managing director of IDBI Asset Management says that the best performers of mutual funds in any given year are rarely the best performers in subsequent years as one is usually catching them at the zenith of their performance.
Did you know that investing in a house could save you from paying taxes on your long-term capital gains? I-T Act,1961 provides an incentive to individual/HUF in the form of exemption from capital gains on transfer of long-term capital assets,if the amount is invested in a new residential house.
A capital protection-oriented fund is basically a closed-ended debt scheme which invests in both equity and fixed income instruments in a pre-determined ratio.
Investors essentially look for safety,liquidity and yields. Recently,we have noticed the entry of structured products which promise to be everything to everybody.
Santa turns up at the end of the year and the taxman appears soon after. It is the time when insurance companies go on an overdrive with new tax-saving products.
Commerce and Industry Minister Anand Sharma said he hoped this would further soften prices.
Yen remains on a strong foothold; posing margin worries. has significant yen exposure pertaining to imports and royalty outgo. Maruti Suzuki Indias exposure to foreign currency through imports in FY11E is expected to be around 28% of their net sales of which around 80% is yen dominated.
Dividend payout by equity mutual funds have not been hit by changes initiated by Sebi.
The Petroleum and Natural Gas Regulatory Board,the downstream regulator in the energy sector,has proposed to give gas pipeline operators freedom to compete in overlapping areas so that consumers benefit by way of lower tariff and softer gas prices.
Gold and equities are said to rarely move in tandem,but the 2001-10 decade saw them moving in sync.
Smartphones took the public's fancy in 2010 not just as status symbols,but as business aids.
Sustainable improvement in operating margins is a key positive
Emerging-market equity funds posted the first net withdrawals since May.
With several big-budget films,including Guzaarish,Kites,Khelein Hum Jee Jan Sey and Action Replayy,having failed to make a mark at the box office,2010 has turned out to be quite a washout.
A hedge fund will offer investors the use of Twitter posts to gauge the mood of the stock market.
UBS has initiated coverage of Coal India with a buy rating and price target of Rs 400.
This helped offset FII outflows from crashing the stock markets to an extent.
Major stock indexes edged up to two-year highs on Wednesday.
Motilal Oswal has put a price target of Rs 140 on Petronet stock.
Financial Technologies criticised NSE for supporting Bimal Jalan Committee report.
Sebi has said that Coal India IPO investors must be compensated for non-receipt of shares.
Reliance Industries and Russia's Sibur announced a joint venture for the production of butyl rubber.
Even the employed go through a harrowing time at work. They want much more than just a job.
This is so after attracting individual investors with transaction costs that are 50% lower.
Nissan Motor is looking to re-position its hatchback car Micra in the voluminous A2 segment.
Investors will be taking advantage of the year's last few trading days to bet bets on 2010 winner stocks.
Claris Lifesciences made a subdued debut on the Bombay Stock Exchange,listing at a discount.